Allocate
Allocate is a venture capital firm that has raised $33.5MM to enhance private market investing, providing a platform with comprehensive services for over 600 clients and managing relationships with more than 1,500 fund managers.
Services
Allocate offers a platform tailored for RIAs & Private Banks, Family Offices, providing enhanced access to private market investing. Their service suite includes curated deal flow, diligent analysis, customized portfolio management, and advanced enterprise technology solutions. Additionally, Allocate provides educational resources and support, helping investors to become more knowledgeable about venture investing. With over 60 managers and co-investment strategies, Allocate aims to cater to diverse risk tolerances and investment goals.
Funding History
Allocate has successfully raised $33.5MM in total funding, including a recent $10MM round aimed at modernizing venture capital investing. This financial backing from leading firms underscores the confidence in Allocate’s mission to overcome private market limitations and provide innovative investment solutions. The substantial funding allows Allocate to continue enhancing its platform and expanding its service offerings.
Client Base and Market Penetration
Allocate boasts a robust client base, with over 600 clients and a total of $550MM+ committed through its platform. The company maintains relationships with more than 1,500 fund managers, providing clients comprehensive access to private market data and a wide array of investment options. This extensive network facilitates transparency and informed decision-making for investors.
Community Advisory Board
Allocate has established a community advisory board to guide its community initiatives. This board plays a crucial role in informing the company's efforts to enhance community engagement and ensure that its services align with the needs of its clientele. The advisory board's insights and guidance are integral to Allocate’s commitment to responsible and community-focused investing.
Technology and Integration
Allocate integrates with the Google Identity Platform for seamless social login and authentication services. This integration enhances user experience by providing secure and convenient access to Allocate’s platform. The company's focus on leveraging technology ensures efficient service delivery and robust security frameworks, aligning with the needs of modern investors.