# The Coterie

> Wealth and private-markets platform for founders — lending, estate planning, and alternative investment access.

## Why it is interesting

Repeat founders (Aaptiv CEO Ethan Agarwal, SocialDeck/Snowball alum Jeson Patel) built automated wealth infrastructure for asset-rich, income-light startup operators — a16z led the $40M Series A.

## Profile

- **Stage:** acquired
- **Status:** acquired
- **Industries:** fintech, enterprise-saas
- **Coverage:** full
- **Last updated:** 2026-07-24

## Key facts

- Series A (Oct 2022): $40M led by a16z; Initialized Capital and Pear VC participated (Axios, a16z announcement)
- Thesis: founders are under-banked — wealth tied up in illiquid startup equity (a16z investing memo)
- Platform evolved into Allocate — operating system for wealth advisors in private markets (thecoterie.co, 2026)

## Investors in our directory

- https://venturecapitaltracker.com/fund/andreessen-horowitz
- https://venturecapitaltracker.com/fund/initialized-capital
- https://venturecapitaltracker.com/fund/pear-vc

## Related articles

- https://venturecapitaltracker.com/2026-a16z-hot-portfolio-companies

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Source: https://venturecapitaltracker.com/startup/the-coterie