Sweater

Democratizing Venture Capital for All

Min Investment: $178
Location: BOULDER, CO
Expected Close Date: November 04, 2024
Target Raise: $14.98K-$1.09M
Security Price: $35.50
Website: sweaterventures.com

Number of Employees: 31
Cash: $701,556
Revenue: $308,098
Short Term Debt: $559,110
Cost of Goods: $0
Long Term Debt: $183,799
Net Income: $-5,607,945

Company Description

Sweater Inc. is a financial technology platform that is making venture capital accessible to anyone, not just the wealthy. We enable partners to launch VC funds to the masses.

Key Deal Facts

Our pilot Cashmere fund, launched in June 2022, has attracted over 5.5K investors and deployed capital into 33 promising startups.

Sweater Inc. has already signed its first partner contract for a $500M fund, which we estimate its value to be over $15M in revenue to Sweater Inc. over its lifetime, with two additional engagement letters signed.

We believe we are leading a movement to reshape the future of investing. By joining our community, you become an integral contributor to democratizing venture capital.

Amount Raised : $542,057

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