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.
The Allocations platform empowers emerging fund managers to easily raise capital and gives normal investors the opportunity to invest in companies that are changing the world. Allocations has enabled investments in companies such as SpaceX, Axiom Space and Udemy. In addition to this, the company has facilitated early-stage funding for innovative companies that are addressing some of the biggest problems in the world right now: cancer, pollution and sustainable meat production.
Allocations is rapidly expanding to build the world’s most programmatic approach to fund management. The company was started in Silicon Valley and has since moved to Miami, where it is steadily becoming a crucial pillar of Miami’s burgeoning tech hub. Notable investors include Jamie Rogozinsky (Founder of WallStreetBets), Joshua Browder (Founder of DoNotPay) and Zachary Hargreaves (Ex Founders Fund).
The Allocations platform empowers emerging fund managers to easily raise capital and gives normal investors the opportunity to invest in companies that are changing the world. Allocations has enabled investments in companies such as SpaceX, Axiom Space and Udemy. In addition to this, the company has facilitated early-stage funding for innovative companies that are addressing some of the biggest problems in the world right now: cancer, pollution and sustainable meat production.
Allocations is rapidly expanding to build the world’s most programmatic approach to fund management. The company was started in Silicon Valley and has since moved to Miami, where it is steadily becoming a crucial pillar of Miami’s burgeoning tech hub. Notable investors include Jamie Rogozinsky (Founder of WallStreetBets), Joshua Browder (Founder of DoNotPay) and Zachary Hargreaves (Ex Founders Fund).
Location: United States, Florida, Miami
Employees: 51-200
Total raised: $12.3M
Valuation: $150M
Founded date: 2019
Investors 13
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Funding Rounds 4
| Date | Series | Amount | Investors |
| 17.09.2022 | Series A | $5M | Flex Capit... |
| 12.10.2021 | Seed | $2.3M | Vitalize V... |
| 05.08.2021 | Seed | $4M | GTMfund |
| 31.08.2020 | Pre-Seed | $1M | - |
Mentions in press and media 14
| Date | Title | Description |
| 20.08.2025 | Allocations Slashes Deal Setup Times from Four Weeks to Two Days Platform also cuts admin errors. | The platform, founded by serial investor Kingsley Advani, is already powering more than 1,600 private funds and serving over 30,000 high-net-worth individuals globally. "Fund administration has always been a slow, error-prone process,&... |
| 22.02.2024 | Allocations, AI-powered investing platform, tops $2 billion as alternative asset demand booms | Allocations, a fintech startup using artificial intelligence to streamline private capital fundraising, has crossed $2 billion in assets under administration on its platform, VentureBeat can exclusively report. The milestone demonstrates su... |
| 13.06.2023 | Brookfield Renewable Announces $650 Million Equity Offering Allocations | - |
| 14.12.2022 | Frustration and anger after SPV platform Assure dumps users at the curb ahead of holidays | Over the last decade or so, the once-clubby world of startup investing has been cracked wide open by a number of innovations, including special purpose vehicles (SPVs), which are essentially pop-up venture funds that come together quickly w... |
| 17.09.2022 | Allocations raises $5M in funding and reaches $1B in assets on its investment platform | Facebook Tweet Pin LinkedIn Email By Nancy Dahlberg Allocations, the Miami-based fintech that streamlines investment processes for private fund managers, has crossed $1 billion in assets under administration on its platform, up from a quart... |
| 15.09.2022 | Allocations just got valued at $150M to help private equity funds lure smaller investors | Interest in alternative investments such as private equity, real estate and crypto continues to surge, and Miami-based fintech startup Allocations is riding the wave. Less than three years after its founding, the company, which provides API... |
| 23.03.2022 | Allocations partners with MicroAcquire to help startups get acquired | The companies are working together to connect entrepreneurs with acquisition opportunities Image: Unsplash For many, starting a business can be one of the most fulfilling - if not stressful - times of their lives. But, depending on the proj... |
| 14.10.2021 | Allocations acquires Lumen Advisory & Finance to improve the company's venture capital platform | The $2.5m deal will allow Allocations to implement Lumen's accounting tools into the platform Image: Allocations When dealing with private equity, connecting smaller angel investors with companies can be a struggle with more than a couple o... |
| 29.09.2021 | Miami startup Allocations embarks on a hiring spree – a big one | Facebook Tweet Pin LinkedIn Email The fintech expects to grow to 300 employees by the end of 2022. Allocations, the Miami-based startup founded by angel investor Kingsley Advani, builds software to help small funds and SPVs set up and opera... |
| 05.08.2021 | Allocations, a Miami fintech, raises $4M at a $100M valuation | Facebook Tweet Pin LinkedIn Email Allocations, the Miami-based fintech startup founded by angel investor Kingsley Advani, raised a $4 million round from a group of angel networks at a $100 million valuation. Allocations, a fund administrati... |
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