Rapunzl Investments LLC
Overview
Rapunzl Investments LLC, or simply Rapunzl, is a U.S.-based financial services company headquartered in Chicago, IL. The company offers the Rapunzl smartphone mobile app, which allows individuals to make simulated investments in public companies and exchange-traded funds listed on U.S. stock exchanges. Individuals enter these simulated portfolios into real-time investment competitions for scholarship prizes.[1][2]
History
Rapunzl was founded in July 2016 by Brian Curcio and Myles Gage, who met in high school at the University of Chicago Laboratory School in 2008.[3]
Myles Gage attended Ariel Community Academy for elementary school.[4] This school was founded by John Rogers and Arne Duncan and has been recognized for promoting financial education.[5]
Rapunzl was released for iOS on April 5, 2017.[6]
In October 2018, Rapunzl participated in BMO Harris’ Accelerator Program at 1871, the Chicago-based incubator.[7][8]
In 2019, Rapunzl partnered with Wedbush Securities to provide career development and scholarships in the Los Angeles Unified School District.[9]
Social Impact
In April 2018 and April 2019, Rapunzl hosted a Chicago-area high school scholarship competition with $40,000 in prizes, sponsored by Ariel Investments and the Federal Reserve Bank of Chicago.[2] Rapunzl received local recognition and significant media attention for this program.
Reception
In May 2017, Rapunzl presented at TechCrunch Disrupt NYC and was recognized by Bank Innovation.[10] Since that time, Rapunzl has been recognized by ABC 7 Chicago’s Windy City Live and NBC Chicago’s Making a Difference.[11][12]
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- ↑ "Chicago Startup Roundup". ABC 7 Chicago. 2018-05-07. Archived from the original on
|archive-url=requires|archive-date=(help). Retrieved 2019-04-23. - ↑ 2.0 2.1 "Rapunzl app giving away $40K in contest to help Chicago high schools". ABC7 Chicago. 2018-04-27. Retrieved 2019-04-23.
- ↑ Curcio, Brian (2017-05-04). "Rapunzl App: A Sharing Generation Should Invest Together". The Stock Trader Blog. Retrieved 2019-04-23.
- ↑ "31 Dec 1969, Page 2-3 - Chicago Tribune at Newspapers.com". Newspapers.com. Retrieved 2019-04-27.
- ↑ reporters, Carlos Sadovi and Kayce T. Ataiyero, Tribune. "A family lesson that paid off". chicagotribune.com. Retrieved 2019-04-27.
- ↑ "Rapunzl - Social Investing". App Store. Retrieved 2019-04-27.
- ↑ "RankMiner wins $10,000 from BMO Harris/1871 Innovation Program". BizTimes Media Milwaukee. 2018-11-13. Retrieved 2019-04-23.
- ↑ Tai, Yun. "Rapunzl Helps Young Adults Untangle the Stock Market". blog.1871.com. Retrieved 2019-04-27.
- ↑ "Wedbush Securities Partners With Rapunzl Investments For Scholarships & Career Development In The Los Angeles Unified School District". finance.yahoo.com. Retrieved 2019-04-27.
- ↑ "5 Fintechs To Watch From the Startup Alley | Bank Innovation | Bank Innovation". bankinnovation.net. Retrieved 2019-04-27.
- ↑ "Chicago Startup Roundup: ReturnRunners and Rapunzl apps". ABC7 Chicago. 2018-05-07. Retrieved 2019-04-23.
- ↑ "Duo Creates Rapunzl App to Help Kids Learn About Investing". NBC Chicago. Retrieved 2019-04-23.
