# Allocations: Financial services, Miami, United States

> Allocations: Allocations is a unified software platform designed for special purpose vehicles (SPVs), fund formation, and fund administration.

Source: https://millionrounds.com/startup/allocations (Millionrounds; every figure on the page links to its filing or article)

United States · [Financial services startup](https://millionrounds.com/companies)

# Allocations

Allocations is a unified software platform designed for special purpose vehicles (SPVs), fund formation, and fund administration.

Funding reported Last round: Venture (Round not Specified)

Financial services Miami, United States

Company summary

- **Founded:** 2019 7 years old
- **Team:** 47 11 to 50 people
- **Funding reported:** $39M in dollars
- **Last round:** Venture (Round not Specified) Aug 2025

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Allocations has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Allocations

Allocations is a unified software platform designed for special purpose vehicles (SPVs), fund formation, and fund administration.

Launched in 2018, it provides investment managers with the tools to efficiently launch, operate, and scale private investment vehicles. The platform serves as infrastructure rather than a marketplace, offering features such as entity formation, legal document generation, investor onboarding, capital call processing, banking integration, and K-1 delivery. The core capabilities of Allocations include automating the creation of legal entities, managing the full lifecycle of investment vehicles, maintaining accurate investor records, and supporting multiple jurisdictions. It is tailored for General Partners (GPs) and emerging managers, providing transparent pricing and a full-lifecycle platform. The company has gained significant traction, serving over 1,600 private funds and SPVs, with more than 30,000 investors and managing assets worth between $2.2 billion and $3 billion. Led by CEO Kingsley Advani, Allocations focuses on thoughtful product design to enhance reliability and speed in fund management.

## What company datasets say Allocations raised

Funding, as reported

Reported in all **$39M** in dollars

Rounds **5**

Last round **Venture (Round not Specified)**

Last round size **$26M**

Last round date **Aug 2025**

Investors listed **5**

## On 6 portfolio pages

Investors who name them

- [Helios Capital](https://millionrounds.com/fund/helios-capital)
- [IrishAngels](https://millionrounds.com/fund/irishangels)
- [The Garage Syndicate](https://millionrounds.com/fund/the-garage-syndicate)
- [K2 syndicators](https://millionrounds.com/fund/k2-syndicators)
- [Smart Partnership Capital](https://millionrounds.com/fund/smart-partnership-capital)
- [BroadVision](https://millionrounds.com/fund/broadvision)

Each firm lists Allocations on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

asset tokenization wire transfer investor onboarding fund manager tools legal templates scalable fund services venture capital entity formation spv setup fund lifecycle information technology & services crypto spv fund compliance alternative assets platform financial technology financial services

Built with from their website

Google Cloud CDN Zendesk Calendly CloudFlare CDN Google Tag Manager Simple Analytics Twilio SendGrid Email Marketing Campaigns Priority Hints React Google Font API

+8 more

HSTS PWA Cloudflare Insights Google Cloud Load Balancing Google Cloud Framer Cloudflare Bot Management YouTube

- **Sector:** Financial services
- **Industry code:** NAICS 5231, 523991, 51321, SIC 6732, 6722, 7372
- **Region:** Florida
- **Revenue:** $5.3M a year, as listed

## Financial services in United States

Startups like it

- [**Kalshi** New York · founded 2019 *Raised*](https://millionrounds.com/company/kalshi)
- [**Temporal** founded 2022 *Raised*](https://millionrounds.com/company/temporal)
- [**Vestwell** New York · founded 2016 *Raised*](https://millionrounds.com/company/vestwell)
- [**C2FO** Kansas City · founded 2008 *Raised*](https://millionrounds.com/company/c2fo)
- [**Yieldstreet** New York · founded 2015 *Raised*](https://millionrounds.com/company/yieldstreet)
- [**Flutterwave** San Francisco · founded 2016 *Raised*](https://millionrounds.com/company/flutterwave)
- [**Corgi** San Francisco · founded 2024 *Raised*](https://millionrounds.com/company/corgi)
- [**Alpaca** San Mateo · founded 2017 *Raised*](https://millionrounds.com/company/alpaca)

## Is this your company?

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