Benioff-backed Domain Money raises $33M in funding round

Domain Money, a new company by the former head of product at Marcus by Goldman Sachs, said it raised $33M in a new funding round. Domain Money, which describes itself as a wealth-building platform focused on stocks and crypto, raised the funding from investors including Salesforce CEO Marc Benioff, Bessemer Venture Partners, Maveron, RRE Ventures, SV Angel and Joe Lonsdale, a well known VC investor and co-founder of Palantir (NYSE:PLTR). "Investors are looking for access to diverse asset classes, along with security, transparency, and the power to be in control of their finances," Domain Money CEO Adam Dell said in a statement. "We developed Domain Money to provide investors a sophisticated, intuitive, and holistic platform to invest in crypto, not as a novelty, but as a core component of their portfolios." Domain Money looks to be entering a space where it will compete with Robinhood Markets (NASDAQ:HOOD), Coinbase Global (NASDAQ:COIN),