TLDR:
The Ask:
- Reach Alternative Investments is raising $3 million with a $15 million valuation led by Carthona Capital
- Proceeds will be used to expand distribution and investor relations teams
Reach Alternative Investments, a tech-enabled modern investment company, is raising $3 million with a $15 million valuation. The round will be led by Carthona Capital, a leading Australian VC firm. The company, founded in July 2021 in Sydney, aims to provide access to global private equity funds to smaller investors, enabling them to build robust portfolios. The company has partnerships with eight top asset managers and is targeting self-directed individuals, SMSFs, private wealth groups, family offices, and IFAs. The founders have a combined experience of over 50 years in the financial services sector. Reach Alts has completed its Go-To-Market phase and has a growing investor community of over 4,000 members. The capital raise is open until June 7, and interested parties can contact Sam Phillips at [email protected]