Sweater raises $12M seed round
BOULDER — Sweater Ventures LLC, a financial technology company building venture capital funds that will be accessible by everyday investors, has closed on a $12-million seed fundraising round.
“Our goal is to give our members courtside seats to the world of venture. That is why we will offer a fully-managed fund that allows any investor — accredited or not — to invest in the venture capital asset class,” Sweater CEO Jesse Randall said in a prepared statement.
The round, led by Motivate VC and Akuna Capital, will help Sweater make its public launch in the near future, according to a company news release.
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