Revere VC raises $1.35m in latest seed round
This is intended to provide a more holistic way to invest in venture capital.
Asset management company Revere VC raised some $1.35m as it closed its seed round, which will fund efforts to make investing in venture capital more holistic.
“We are approaching the ‘Vanguard’ moment for venture capital, where exposure to the asset class will increasingly be through novel investment products as opposed to the very limited ways we currently have to invest,” Eric Woo, co-founder, said.
“For us, it's all about bringing the most interesting and innovative ideas, in particular emerging managers and our products - to the fingertips of the modern asset allocator.”
Amongst the investors that participated in the seed round were AngelList, Twitch co-founder Kevin Lin and Thailand-based Siamrajthanee Group / SeaX founder Nattaphol Vimolchalao.
Other VC insiders and strategic angels that backed Revere VC were HS Group founder and chief investment officer Michael Garrow, Hong Kong-based family office investor Ariel Shtarkman, and asset management firm Blue Future Partners.
Moreover, the San Francisco and Hong Kong-based company also launched its flagship products “The Portal,” a curated VC platform, and the “Prime Access Fund.”
These are expected to give investors immediate access to a “vetted, curated and targeted” menu of VCs for potential investments.
This also allows investors to invest in products across themes, sectors, geographies, and regions.