Allocate Company Profile

Background

Allocate, founded in 2021 and headquartered in Menlo Park, California, is a digital investment platform designed to democratize access to venture capital. The company's mission is to provide investors with a streamlined and efficient way to discover, access, and manage private market opportunities. By offering curated investment options, portfolio tracking, and custom solutions, Allocate aims to bridge the gap between investors and high-quality venture capital funds, thereby enhancing transparency and participation in the private markets.

Key Strategic Focus

Allocate's strategic focus centers on:

Curated Investment Access: Providing family offices and Registered Investment Advisors (RIAs) with tailored access to venture capital funds, both emerging and established.

Comprehensive Portfolio Management: Offering tools for efficient portfolio tracking and management, enabling investors to monitor and optimize their private market investments.

Educational Support: Equipping investors with educational resources to make informed decisions in the venture capital space.

Technological Integration: Utilizing advanced technologies to streamline the investment process, ensuring a seamless experience for users.

Financials and Funding

Since its inception, Allocate has demonstrated significant growth:

Assets Under Management/Administration (AUM/AUA): As of February 27, 2025, Allocate reported over $1 billion in AUM/AUA, reflecting the platform's rapid adoption and trust among investors.

Funding History: The company has raised a total of $33.5 million in funding over three rounds. Notably, in September 2023, Allocate secured $10 million in strategic capital from investors including Gopher Asset US, Intera Investments, M13 Ventures, and several prominent family offices.

Technological Platform and Innovation

Allocate distinguishes itself through:

Proprietary Digital Platform: A user-friendly interface that simplifies the discovery, evaluation, and management of venture capital investments.

Data Transparency: Providing investors with access to private market data, enabling informed decision-making.

Educational Resources: Offering comprehensive materials to educate investors on venture investing, enhancing their understanding and confidence.

Leadership Team

Allocate's leadership comprises seasoned professionals with extensive experience in venture capital and financial services:

Samir Kaji: CEO & President, Co-Founder. With nearly 22 years in venture banking at SVB and First Republic Bank, Samir has worked closely with over 700 venture capital and private equity firms.

Hana Yang: CXO, Co-Founder. Former Managing Director at First Republic Bank's Venture & Technology vertical, Hana has collaborated with over 350 emerging venture capital firms and family offices.

Saul Cardenas: Chief Operating Officer, General Counsel, & Chief Compliance Officer.

Jeremy Caron: VP of Engineering.

Dan Cronin: Managing Director, Relationship Management.

Matt Curtolo: Managing Director, Investments.

Sarith Demuni: Chief Design Officer.

Peter Epstein: Managing Director, Relationship Management.

Matt Gittlitz: Chief Product Officer.

Nic Millikan: Managing Director, Investments.

Greg Rollins: Managing Director, Relationship Management.

Fahad Shoukat: VP of Operations.

Leadership Changes

In September 2023, Allocate expanded its leadership team by adding:

Nic Millikan: Former Deputy Chief Investment Officer at CAZ Investments and Head of Investment Strategy at CAIS, now leading Family Office solutions at Allocate.

Peter Epstein: Previously Executive Director and Alternative Investments Specialist at JP Morgan, joining as part of the relationship management team for Private Banks and Wealth Advisory firms.

Gregory Rollins: Former Senior Vice President at iCapital Network, also joining the relationship management team.

Competitor Profile

Market Insights and Dynamics:

The alternative investments sector, particularly venture capital, has seen increased interest from non-institutional investors seeking portfolio diversification and higher returns. However, access to high-quality venture funds has traditionally been limited to institutional investors and industry insiders.

Competitor Analysis:

Allocate operates in a competitive landscape with several notable players:

iCapital Network: Provides a platform for alternative investments, offering access to private equity, hedge funds, and other private market assets.

CAIS: Offers a financial technology platform connecting financial advisors with alternative investment funds and products.

Moonfare: Enables individual investors to access top-tier private equity funds through a digital platform.

Allocate differentiates itself by focusing on venture capital and providing a comprehensive suite of services, including curated investment access, portfolio management tools, and educational resources.

Strategic Collaborations and Partnerships

Allocate has established partnerships with various stakeholders to enhance its platform and services. The recent funding round included investments from Gopher Asset US, Intera Investments, M13 Ventures, and several prominent family offices, indicating strong support and collaboration within the investment community.

Operational Insights

Allocate's operational strategy emphasizes:

Investor Education: Providing resources and support to help investors understand venture capital investing.

Technological Integration: Leveraging technology to streamline investment processes and enhance user experience.

Transparency: Offering clear and comprehensive data to enable informed investment decisions.

Strategic Opportunities and Future Directions

Looking ahead, Allocate aims to:

Expand Investor Base: Continue growing its clientele of family offices and RIAs.

Enhance Technological Capabilities: Invest in technology to further streamline the investment process.

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