Allocate, a platform that provides investors with a streamlined way to invest and manage private investments, announced the closing of $10MM in financing, bringing the total capital raised since the company launched in July 2021 to $33.5MM.

The round included Gopher Asset US, an affiliate with Noah Holdings International, Intera Investments, M13 Ventures, along with several prominent family offices.

Founded by Samir Kaji and Hana Yang in 2021, the founding team is uniquely positioned to unlock access to the new era of venture capital investing. The two co-founders have worked closely with over 1,500 venture fund managers in their careers. The Allocate team previously had tenures at SVB Financial Group, SVB Capital, Hamilton Lane, Makena Capital, Commonfund, CAIS, Bowdoin Endowment, iCapital Network, Fidelity, First Republic Bank, Gradifi, and Vistaprint.