🎉 Today is a 𝐁𝐈𝐆 day as Allocate turns 3! 🎉
Below is a picture taken just one week after we closed our seed round.
When we started Allocate, it was based on a decade long observation of the broken nature of private markets for investors. Our goal was to build a private market engine that drove the transparency, ease, liquidity, and access historically seen only in the public markets.
It’s still early days, and like all startups, we've learned a lot from our customers, partners, investors, and each other along the way. Solving difficult problems is hard, and building a startup is an all-consuming experience—you wake up and go to sleep thinking about it EVERY DAY.
Days blend into each other, highs and lows are the daily price of admission, and things usually take longer than you’d like. But these are all things you start to embrace, loving the thrill of building something that could positively impact many people. After 22 years working in the corporate world at organizations that, despite being excellent, I couldn’t imagine not working at a startup ever again.
We’re excited to announce new products soon, and to date, we've been fortunate to grow with the support of:
• 46 full-time employees
• Over $33MM in funding, including M13 SignalFire Basis Set Fika Ventures INTERA Investments Broadhaven Capital Partners Gopher Asset Urban Innovation Fund Tusk Venture Partners Ulu Ventures Anthemis Group Bedrock Unshackled Ventures and so many others.
• Nearly $750MM in capital deployed by users through Allocate (AUM/AUA)
• Partnerships with over 65 unbelievably high-quality venture capital firms since inception
As we move into our 4th year, we know the real hard work is just beginning and there will be lots of challenges ahead. We sincerely appreciate everyone who has supported us, especially those who were there at the beginning like in the picture below.
