
Jesse Randall set out to raise a traditional venture fund and ran straight into the accredited-investor requirement, a rule that shuts out all but a small slice of the country from one of its best-performing asset classes. That didn't sit right with him.
Over the past five years, our team has worked directly with regulators to build a fund structure that opens venture capital to any investor, not just the wealthiest. What started as a single fund anyone could invest in has grown into a fintech platform that lets partners raise public venture funds directly from America's retail investors, currently spanning five funds, each independently sub-advised, with Sweater serving as adviser across all of them.
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