Spain capital

Sweater, the venture capital fund for everyone, announces its first investments

Press release

June 13, 2022 10:16 a.m. MDT

BOULDER, Colo., June 13, 2022 ( –
Sweater, the fintech democratizing venture capital with the first venture capital fund for everyone, has announced its first portfolio investments for the Sweater Cashmere Fund. This announcement comes just months after the official green light from the SEC and days before the public launch of their mobile app, coming this Wednesday, June 15, 2022.

In April, Sweater opened the fund to its waitlist, quickly raising millions of dollars in AUM from thousands of eager investors. This new approach to democratizing the venture capital asset class allows ordinary investors, regardless of accreditation status, to add private equity to their portfolios through a fully managed fund focused on early-stage growth startups.

“The fintech revolution has only just begun,” says Jesse Randall, co-founder and CEO of Sweater. “It’s not just Sweater; every financial service we interact with is being reborn. Ten years from now, we will barely recognize the financial landscape and the vast new opportunities it will bring to everyone, no matter their level. of income and all over the world.”

Sweater’s mission to accelerate generational wealth creation for all through venture capital investing is grounded in a vision to revolutionize the entire venture capital ecosystem through a tight-knit community that brings people together. investors and founders.

These early investments mark the start of Sweater’s large portfolio strategy which aims to invest in 40-60 startups through early next year:

  • EarlyBird is a family wealth-building platform that allows parents to open custodial investment accounts that can be funded by donations and contributions from a child’s entire community, even before they are born. A registered investment adviser focused on the younger generation, this fintech allows families to invest in a diverse and modern portfolio that includes traditional assets and crypto.

  • Feat is a direct-to-consumer apparel brand that aims to be the most comfortable and versatile activewear in the world. At the intersection of comfort, versatility and style, Feat products are designed to be worn throughout the day, whatever your activity. They have made a name for themselves thanks to their extremely soft exclusive fabrics and their collaborations with influencers.

  • After is an end-of-life software experience focused on providing alternative after-life products and services such as cremation. Time-sensitive end-of-life arrangements are seamlessly coordinated through technology, serving both bereaved families seeking immediate care for a lost loved one and individuals planning their own final arrangements in advance. .

  • Graza is an omnichannel olive oil company that produces extra virgin olive oils (EVOO) at prices that won’t break the bank. Both products (Drizzle Finishing Oil 500ml and Sizzle Cooking Oil 750ml) are never mixed and made from single-variety Picual olives sourced from Jaen, Spain, a thriving agricultural region. Graza comes in exclusive, first-to-market, chef-inspired squeeze bottles.

  • Ganas is a venture capital fund that invests in pre-seed and seed-stage Web 2 and Web 3 community startups in the United States and Latin America. Ganas believes in building generational wealth through community, as underlined in his thesis to invest in diverse, community-driven founders tackling big problems in growing markets. Led by Independent General Partner (solo-GP), Lolita Taub, Ganas Ventures aligns perfectly with Sweater’s community-based approach to venture capital investing.

Learn more about the top five investments in the Sweater Cashmere Fund’s portfolio, and visit to join the Sweater on Wednesday when their app becomes available for anyone in the United States to download on iOS and Android and invest in the asset. Previously exclusive VC class.

About the sweater

Sweater is the trading name of Sweater Industries LLC and its parent company, Sweater, Inc. Sweater was founded by Jesse Randall, Chad Lewkowski and Matthew Klein. Randall originally decided to start his own venture capital fund, after more than a decade of working as an entrepreneur and analyst at an accelerator and venture capital fund. When he found himself shut out of venture investing due to outdated accreditation requirements, he made it his mission to open up venture investing to everyone.

The Sweater mobile app gives investors direct access to one of the world’s most exclusive asset classes: venture capital. Sweater’s mission is to empower everyone to become investors in the next generation of venture-backed startups and engage directly with the companies they believe in. Through educational content and more holistic support for founders, they are weaving a new kind of venture capital community as founders come together to build a better future. Learn more at

Investors should carefully consider the Sweater Cashmere Fund’s investment objectives, risks, charges and expenses before investing. The prospectus contains this and other information about the Fund and can be obtained by calling 1-888-577-7987 or by visiting the Fund’s website at Please read the prospectus carefully before investing. All investments involve risk and there can be no assurance that the Fund will achieve its investment objective. This press release does not constitute an offer to sell securities of the Fund and does not solicit offers to buy such securities in any jurisdiction where the offer or sale is not authorized. Neither the SEC nor any state securities commission has approved or disapproved of the securities of the Fund or determined whether its prospectus is true or complete.

Media Contact

Maria Consuelo Gonima
Big Smile Co for Sweater
[email protected]

Source: Sweater