What is Sweater?
Sweater is a mobile-first experience designed to provide users with direct access to the world's most exclusive asset class: venture capital. The company's mission is to democratize investment in the next generation of venture-backed startups, empowering a broader audience to participate in high-growth opportunities. This focus positions Sweater within the burgeoning fintech and alternative investment sectors.
How much funding has Sweater raised?
Sweater has raised a total of $14.3M across 2 funding rounds:
Other Financing Round
$2.3M
Angel/Seed
$12M
Other Financing Round (2021): $2.3M with participation from Bison Ventures, MRTNZ Ventures, Motivate VC, and Spacestation Investments
Angel/Seed (2022): $12M led by MRTNZ Ventures, Motivate VC, Jeffrey Cruttenden, Eli Broverman, Akuna Capital, Bison Venture Partners, and Litquidity Capital
Key Investors in Sweater
MRTNZ Ventures
MRTNZ Ventures is a family office focused on providing strategic vision and disciplined execution for generational excellence, specializing in sophisticated leadership and principled governance.
Akuna Capital
Akuna Capital is a Chicago-based firm founded in 2011, specializing in options market making with proprietary technology and has been an active venture capital investor since 2018.
Litquidity Capital
Litquidity Capital operates in the Venture Capital & Private Equity industry, focusing on investments within this sector.
What's next for Sweater?
The recent major strategic investment suggests Sweater is poised for significant scaling and market expansion. This capital infusion will likely be directed towards enhancing its platform capabilities, broadening its user base, and potentially forging new strategic partnerships within the venture capital ecosystem. The company's trajectory points towards solidifying its position as a key player in making venture investments more accessible.
See full Sweater company page
