Tech Company Financing Transactions

Altruist Funding Round

Venrock and private investors invested in a $8.5 million Series A funding round for Altruist. This venture round was announced on 11/26/2019.

Transaction Overview

Company Name
Announced On
11/26/2019
Transaction Type
Venture Equity
Amount
$8,500,000
Round
Series A
Investors

Venrock (Lead Investor)

Proceeds Purpose
The company intends to use the funds to continue to expadn operations and its development efforts.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
1621 Abbot Kinney Blvd. 2nd Floor
Venice, CA 90291
USA
Phone
Undisclosed
Email Address
Overview
We help you do better with your money by empowering financial advisors to do their best work. Altruist is an LA fintech company that's making investing fair for everyone, allowing real people to make more while paying less. Our platform is the only solution for modern financial advisors who put their clients first.
Profile
Altruist LinkedIn Company Profile
Social Media
Altruist Company Twitter Account
Company News
Altruist News
Facebook
Altruist on Facebook
YouTube
Altruist on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jason Wenk
  Jason Wenk LinkedIn Profile  Jason Wenk Twitter Account  Jason Wenk News  Jason Wenk on Facebook
Chief Marketing Officer
Zach Pentel
  Zach Pentel LinkedIn Profile  Zach Pentel Twitter Account  Zach Pentel News  Zach Pentel on Facebook
Chief Technical Officer
Nachiket Shiralkar
  Nachiket Shiralkar LinkedIn Profile  Nachiket Shiralkar Twitter Account  Nachiket Shiralkar News  Nachiket Shiralkar on Facebook
VP - Bus. Development
Mazi Bahadori
  Mazi Bahadori LinkedIn Profile  Mazi Bahadori Twitter Account  Mazi Bahadori News  Mazi Bahadori on Facebook
VP - Customer Service
Michelle Shotts
  Michelle Shotts LinkedIn Profile  Michelle Shotts Twitter Account  Michelle Shotts News  Michelle Shotts on Facebook
VP - Human Resources
Katherine Starros
  Katherine Starros LinkedIn Profile  Katherine Starros Twitter Account  Katherine Starros News  Katherine Starros on Facebook
VP - Marketing
John Scianna
  John Scianna LinkedIn Profile  John Scianna Twitter Account  John Scianna News  John Scianna on Facebook
VP - Product Management
Harpreet Ahluwalia
  Harpreet Ahluwalia LinkedIn Profile  Harpreet Ahluwalia Twitter Account  Harpreet Ahluwalia News  Harpreet Ahluwalia on Facebook
VP - Sales
Peter Dorsey
  Peter Dorsey LinkedIn Profile  Peter Dorsey Twitter Account  Peter Dorsey News  Peter Dorsey on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/26/2019: Entera venture capital transaction
Next: 11/26/2019: ColdQuanta venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary