# Allocate

> Allocate is a Palo Alto-based financial technology company building an intelligent operating system for private market investing. Its platform equips wealth advisory firms and institutional family offices with modern infrastructure to source, diligence, build, and manage private portfolios - spanning venture capital, private equity, and private credit - through a single interface. Founded in 2021 by longtime venture bankers Samir Kaji and Hana Yang, Allocate automates subscriptions, capital flows, and portfolio operations, and has scaled to billions of dollars on platform serving over 1,200 advisory firms and family offices.

- **Founded:** 2021
- **Headquarters:** Palo Alto, California, United States
- **Founders:** Samir Kaji (Co-Founder, CEO & President), Hana Yang (Co-Founder, Chief Experience Officer)
- **Team size:** ~89 employees
- **Products:** Allocate Platform, Curated Investment Offerings, Custom Fund & SPV Solutions, AI-Powered Management & Portfolio Tracking, Allocate Institute
- **Notable:** Scaled to billions of dollars in assets on platform (reported $2.5B+ at Series B, growing since)., Serves over 1,200 wealth advisory firms and institutional family offices., Maintains 1,500+ private asset manager relationships.

## Products & services

- **Allocate Platform** — End-to-end operating system for private market investing that lets wealth advisors and family offices discover, diligence, subscribe to, and manage fund strategies across venture capital, private equity, and private credit.
- **Curated Investment Offerings** — A vetted marketplace of fund and manager strategies that pass Allocate's diligence and platform approval process.
- **Custom Fund & SPV Solutions** — Infrastructure for creating and administering custom funds and special purpose vehicles, including subscriptions, capital calls, and documentation.
- **AI-Powered Management & Portfolio Tracking** — AI-driven investment management, workflow automation, and portfolio analytics including J-curve and exposure analysis.
- **Allocate Institute** — Educational resources, research, webinars, and market insights for private market investors.
- **Allocate Management Company** — Advisory services offered through Allocate Management Company, LLC.

## Achievements

- Scaled to billions of dollars in assets on platform (reported $2.5B+ at Series B, growing since).
- Serves over 1,200 wealth advisory firms and institutional family offices.
- Maintains 1,500+ private asset manager relationships.
- Raised $64M+ in total funding since inception, backed by a16z, Portage, M13 and Fika.
- Expanded coverage from venture capital to private equity and private credit.

## Latest updates

- **2025-09** — Closed a $30.5M Series B led by Portage Ventures to accelerate private market AI and workflow automation, bringing total funding to $64M.
- **2025-09** — Announced expansion beyond venture capital into private equity and private credit coverage.

## Links

- Website: https://allocate.co
- LinkedIn: http://www.linkedin.com/company/allocateco
- Twitter/X: https://twitter.com/joinallocate

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Profile page: https://yespress.io/allocate
Published by YesPress — https://yespress.io
Last updated: 2026-07-14