Data Analysis Platform HyperCharts Acquired by Public.com

Public.com has announced the acquisition of HyperCharts, a financial data visualization platform. According to the transaction details disclosed by the firm, HyperCharts will be incorporated across its platform to enable customers to track investment markets in real-time. Public.com will also provide its traders with more options, including dynamic and aggregated market data within its investment platform.

Public.Com To Provide More Data Analysis Tools For Users

The main goal of the platform is to provide the necessary tools and education for its consumers to become better investors. People have the opportunity to develop a strong investment portfolio on the platform via community collaboration. It also provides unique features and important information to enable investors to discover new tips and build on their experience in the market.

Public.com says it will use HyperCharts to bring analysis components and data visualization to its platform. This will enable users to take advantage of a wealth of data when making investment decisions.

The company says the acquisition of HyperCharts is in line with its goals of offering more features to its teaming customers. HyperCharts was funded by Moe Salih and Galileo Russel in 2019. The firm offers primary business and financial metrics for publicly-traded companies.

HyperCharts also offers data visualizations and summarizations for hundreds of top publicly-traded companies. The platform provides expansive financial metrics such as revenue growth, net income, and operating expenses. It also offers other applicable signals for the investors, including streaming memberships and subscriber growth.

“We built HyperCharts to make financial analysis easy, fun, and approachable for the masses,” co-founder of HyperCharts Galileo Russell, commented.

Both Firms Want To Make Investment Platforms Accessible

Russel stated that the company is excited about the partnership deal that can expand the financial capabilities of its financial visualization software. The goal of HyperChart and Public.com is aligned in such a way that both of them are looking to democratize financial markets and education for everyone. Both companies want to harness their technology and expertise in the industry to develop a formidable partnership within the industry.

Public.com’s deal is coming when it is looking to ensure that various investment products are more accessible to people as much as possible. The firms want to make financial products less expensive, which will drive more adoption and investment opportunities.

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