• Allocate

  Participated · Series A · May 2022

  Allocate builds an intelligent operating system for private market investing, offering a single technology interface for sourcing, building, and managing private portfolios. Its platform centers on three products—Allocate Curations, Allocate Fund Solutions, and Allocate Insights—that provide access to curated opportunities, white-label fund creation and administration, and unified portfolio tracking. The company leverages AI-driven investment management, comprehensive administration, and workflow automation to simplify complexity and increase efficiency. Allocate has broadened coverage beyond venture capital to include private equity and private credit to better serve advisors and family offices. Since launch it has grown to more than $2.5 billion in assets on platform and serves over 1,200 wealth advisory firms and institutional family offices. The $30.5 million Series B will accelerate development of its private-market AI and workflow automation capabilities and expand integrations, bringing total capital raised since inception to $64 million. Allocate is a platform that provides investors a streamlined way to invest in and manage private investments through a curated network of opportunities. The product includes tools for due diligence, portfolio optimization, and expert guidance. Founded in 2021 by Samir Kaji and Hana Yang and based in San Francisco, the company has attracted over 600 active RIAs and family offices. Those users have deployed nearly $500M through the platform across 58 manager strategies since its Q4 launch. Allocate plans to use the new capital to expand operations and broaden its business reach. The company has raised a total of $33.5M to date. Allocate is an end-to-end digital investment platform that automates product discovery, KYC/AML, subscription documentation, capital calls, and investment management to streamline access to top fund manager strategies. The platform aggregates investor capital into Allocate feeder vehicles, enabling investors to access top opportunities at low minimums with institutional purchasing power while allowing fund managers to reach non-institutional investors without additional sourcing or administration. It is specifically designed for advisors to implement private, technology-focused products and simplifies diligence and access to venture funds and co-investments. Launched in late 2021 by Samir Kaji and Hana Yang, the company has onboarded over 200 family offices and wealth advisory firms who have allocated more than $125M to products on the platform and has over 600 investors on its waitlist. Allocate is moving out of beta, is actively onboarding clients, and plans to use new funding to hire employees and launch features for co-investment, analytics, and educational webinars. Allocate was founded in February 2021 by Samir Kaji and Hana Yang and builds a platform that curates venture fund products for wealth advisors, family offices and qualified individual investors. The platform completes pre- and post-investment transactions and reporting and sets up feeder vehicles that aggregate investor capital to lower minimum investments for fund managers. Allocate charges an annual fee on investments made through its vehicles. The company plans to expand its product set to include fund-of-funds–style products that pool capital for managers. Allocate is pre-revenue and has attracted a waitlist of several hundred fund managers and investors. It cites a market opportunity from an estimated 8,000–11,000 family offices and nearly 17 million accredited investors controlling roughly $42 trillion in assets.

No current team members are available.