Fund profile
Sweater
Boulder, United States
Not leading
About
Sweater Ventures, through its flagship Cashmere Fund, aims to democratize venture capital by offering access to private, high-growth companies for both accredited and non-accredited investors. Founded on the belief that VC should be available to everyone, Sweater leverages its app to pool capital from a wide base of retail investors and deploy it into consumer-focused startups. Their investments span industries like consumer goods, health tech, fintech, and SaaS, reflecting their focus on companies that directly impact everyday lives. Sweater operates with an evergreen fund model, meaning the Cashmere Fund continues to grow over time by regularly raising new capital and reinvesting into emerging opportunities. This large portfolio approach ensures diversification, mitigating some risks associated with venture investing. The fund primarily targets early-stage startups, but it also allocates capital to growth-stage secondaries and other venture capital funds as part of a broader strategy. The team at Sweater Ventures actively works to support its portfolio companies, helping them navigate the complex fundraising landscape and scale effectively. Despite tough economic conditions, Sweater's portfolio has shown positive growth, with standout companies like Accredible and others already raising follow-on rounds at higher valuations. Sweater's vision is to create a thriving community where both investors and founders can connect, fostering collaboration and growth. With a $500 minimum investment, Sweater opens doors to venture capital for everyone, reshaping the way people invest in innovation.
Details
Highlights
$1.8M
Historical average check
$5M
Historical max check
November 2023
Last investment date
15
Investments
Healthtech & Wellness
Software & Apps
Fintech & Financial services
Other
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