Grifin Raises $11M to Simplify Investing for Everyday Shoppers

Grifin Investment App Raises $11M to Make Investing Easier

Investing can be intimidating, especially for beginners who feel overwhelmed by complex platforms or uncertain about where to start. That’s where the Grifin investment app comes in. With its simple concept—automatically buying shares from the places you already shop—Grifin is lowering the barrier to entry. On June 18, 2025, the company announced it had secured $11 million in Series A funding, pushing its total funding to around $22 million. This milestone reflects growing confidence from investors and users alike, with the app now boasting over 500,000 registered users and 1 million downloads. Grifin’s model resonates with everyday consumers by blending investing into daily routines.

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How the Grifin Investment App Works

Grifin stands out with its signature “Stock Where You Shop” approach. Each time a user makes a purchase at a retailer—like Walmart, Starbucks, or Target—the app automatically invests $1 into that company’s stock. It’s a simple, passive way to build a portfolio that reflects real-life spending habits. Originally launched in 2017 by Aaron Froug, Bo Starr, and Robin Froug, the Grifin investment app evolved in 2024 to include adaptive investing. Users can now customize how much they invest per transaction, giving them more control while maintaining the app’s core simplicity. The concept is proving successful—Grifin reports that users increased their spending at Walmart by 234% just six months after purchasing its stock, suggesting that investing can drive stronger brand loyalty too.

Why Grifin’s Approach Is Gaining Traction

The timing for a simplified investing tool couldn’t be better. While more people are becoming interested in managing their money, about 38% of U.S. adults still don’t own any stocks directly. Many are deterred by technical jargon or the fear of losing money. The Grifin investment app changes that by integrating investing into something people already do—shop. And with its user base steadily growing, including 100,000 monthly active users, Grifin is proving that financial inclusion can be both tech-driven and user-friendly. Its mobile-first design, intuitive UX, and low-friction automation make it attractive to millennials, Gen Z, and even parents who want to teach their teens about financial responsibility.

What’s Next for the Grifin Investment App

With its newly acquired $11 million in funding, Grifin plans to expand its team, particularly in product development, UX design, and software engineering. The company also teased new features in the pipeline, including a conversational AI chatbot to guide users through their investment journey and family account options for parents introducing investing to their kids. These additions could broaden Grifin’s reach across multiple demographics, further establishing it as a user-friendly gateway to stock ownership. While the company has not disclosed its current valuation, the momentum suggests that Grifin is positioning itself as a key player in the future of retail investing. By blending technology, behavioral finance, and everyday habits, the Grifin investment app is on track to make investing as easy—and as common—as shopping online.

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