Allocate

Allocate

Verified
A digital investment platform that provides all types of investors with a programmatic and efficient way to discover and invest in high quality emerging and established venture capital funds, while providing fund managers with a streamlined way to access the fragmented private wealth market. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$77m (Public information from Sep 2023)
Menlo Park California (HQ)

Financials

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Revenues, earnings & profits over time
USD20222023
Revenues1.5m4.1m
% growth-181 %
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Allocate.co is a startup that operates in the financial technology sector, specifically focusing on the private markets. The company's primary mission is to democratize access to venture capital funds, traditionally a high-cost investment area reserved for institutional investors and high-net-worth individuals. Allocate.co leverages its team's collective experience of over 100 years in the industry to provide a platform that reduces the cost of investing in venture capital funds.

The company's target clients are wealth advisors and individual investors who are looking to diversify their portfolios with alternative investments. By providing these clients with access to top venture capital funds, Allocate.co is effectively opening up a new market segment in the private markets.

Allocate.co's business model is centered around its investing platform. The platform allows clients to build their alternatives portfolio, thereby enhancing their private market portfolio. The company generates revenue by charging a fee for the use of its platform and the services it provides.

Recently, Allocate.co has successfully raised significant funding, including a $10 million round, which demonstrates investor confidence in its business model and growth potential. The company also offers educational resources, such as webinars, to keep its clients informed about market updates and industry insights.

In summary, Allocate.co is a fintech startup that is breaking down barriers in the private markets by providing affordable access to venture capital funds. Its platform serves wealth advisors and individual investors, and it generates revenue through service fees.

Keywords: Fintech, Private Markets, Venture Capital Funds, Wealth Advisors, Individual Investors, Investment Platform, Alternative Investments, Service Fees, Market Access, Portfolio Diversification.

Tech stack

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