Tech Company Financing Transactions
Allocations Funding Round
Allocations, based in Miami Beach, secured $5 million in investment from Digital Horizon, Flex Capital and Garage Syndicate.
Transaction Overview
Company Name
Announced On
9/15/2022
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
private investors (Edoardo Ermotti)
private investors (Peter Ko)
Proceeds Purpose
Allocations' core products help fund managers create special purpose vehicles (SPVs), which allow them to raise capital from a single investment from pooled sources.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Miami Beach, FL Undisclosed
USA
Miami Beach, FL Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Allocations was founded in 2019 by Kingsley Advani, a successful serial angel investor. Advani became determined to build a more democratic fund raising platform after being fed up with how slow and expensive fund lawyers were. Allocations levels the playing ground between normal investors and institutions via SPVs, funds and SPACs. It is the company's mission to democratize capitalism.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kingsley Advani
Chief Financial Officer
Nicholas Bird
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About Our Venture Capital Transactions Database
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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