Tech Company Financing Transactions
Allocate Funding Round
M13, Anthemis Group and Basis Set Ventures participated in a $15.3 million Series A capital raise for Allocate. This VC investment round was announced on 5/4/2022.
Transaction Overview
Company Name
Announced On
5/4/2022
Transaction Type
Venture Equity
Amount
$15,300,000
Round
Series A
Investors
Proceeds Purpose
The new round of funding will allow the Allocate team to hire new employees to vet the expanding waitlist of accredited individual investors, wealth managers, and family offices.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
3790 El Camino real Unit number 536
Palo Alto, CA 94306
USA
Palo Alto, CA 94306
USA
Phone
Undisclosed
Website
Email Address
Overview
Founded in 2020, Allocate is a venture capital investment firm based in Menlo Park, California. The firm seeks to invest in early-stage startups based in the United States.
Management Team
Title
Name
Email & Social
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We do our best to record every notable VC transaction. VC investment data records reported here are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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