Sweater: Raises $2.3M Pre-Seed Funding Round

Sweater Raises $2.3M Pre-Seed Funding Round

  • Sweater, a Boulder, CO-based mobile-first platform that allows users to directly access to Venture Capital, closed a $2.3m pre-seed financing
  • Backers included Motivate VC, MRTNZ Ventures, Bison Ventures, Spacestation Investments, and a group of angels
  • The company intends to use the funds to further develop its platform and accelerate their go-to-market strategy
  • The company provides a venture investing platform that allows everyone to become investors in venture-backed startups
  • In late November 2020, the company received a green light from the Securities and Exchange Commission to pursue their proposed fund structure
  • The waitlist to access Sweate’r will open in early July 2021 with an expected public market launch in early 2022
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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