M13 led a $15.3m Series A round in Allocate.

M13, a venture capital firm, led a $15.3m Series A round in Allocate, a digital investment platform that provides investors a streamlined way to access top-tier venture funds, with participation from SignalFire, Bedrock Capital, Intera Capital, Secocha Ventures, Broadhaven Ventures, Ulu Ventures, Urban Innovation Fund, Fika Ventures, Basis Set Ventures, Tusk Ventures, and Anthemis Group. "The private and public markets are quickly converging. However, the venture fund ecosystem remains an insular and inefficient industry as it relates to supply and demand. Efficient and healthy markets are inclusive, transparent, and intuitive. Our vision at Allocate is to usher in a new era of responsible private market technology investing" Samir Kaji and Hana Yang, Allocate Co-Founders.