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Allocate Announces $15.3M In Series A Funding To Continue Expanding Access To Venture Capital Investing

May 04, 2022over 3 years ago

Amount Raised

$15.3 Million

Round Type

series a

San Francisco

Description

Allocate, a digital investment platform that provides investors a streamlined way to access top-tier venture funds and co-investments, announced a $15.3M Series A funding round. The latest round of funding was led by M13 with participation from Bedrock, SignalFire, and Intera Capital, and returning investors Tusk Venture Partners, Urban Innovation Fund, Fika Ventures, Anthemis, Basis Set Ventures, and Broadhaven Ventures.

Company Information

Company

Allocate

Location

San Francisco, California, United States

About

Founded by Samir Kaji and Hana Yang in 2021, the founding team is uniquely positioned to unlock access to the new era of venture capital investing. The two co-founders have worked closely with over 1,000 venture fund managers in their careers. Before launching Allocate, the team previously had tenures at SVB Financial Group, SVB Capital, Hamilton Lane, AngelList, Bowdoin Endowment, Icapital, Fidelity, First Republic Bank, Kauffman Fellows, CircleUp, Gradifi, and Vistaprint. CONTACT: Rachel Livingston, rachel@tusk.vc SOURCE Allocate

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech