Funded Tech Companies
Passiv
Passiv, based in New Brunswick, has financial backing through East Valley Ventures, Uncorrelated and Mistral Venture Partners.
Company Overview
Company Name
Passiv
Company Status
Private & Independent
Industry
Funding Rounds
Total Funding
Contact Information
Mailing Address
3 - 712 Churchill Row Fredericton
New Brunswick, E3B 1P8
CA
New Brunswick, E3B 1P8
CA
Phone
Undisclosed
Website
Email Address
Company Background Information
Overview
Passiv started when our founders, Brendan Lee Young and Brendan Wood, met and discovered they were both disillusioned with the status quo of investing: paying high fees for active management of investment products, with nothing to show for it. They did the math and realized that those expensive investment products would add years to their working life, because high management expense ratios (MERs) dramatically slowed the growth of their nest eggs.
Profile
Social Media
Company News
Facebook
YouTube
Last Transaction
10/18/2022
Financing History
Date
Type
Amount
Management Team
Title
Name
Email & Social
Chief Executive Officer
Brendan Young
Chief Technical Officer
Brendan Wood
Company Investors
- East Valley Ventures
- Uncorrelated
- Mistral Venture Partners
- Y Combinator
- New Brunswick Innovation Foundation
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