Key Takeaways
- • Titan announced an exclusive partnership with ARK Invest to launch the ARK Venture Fund, available only to retail investors on the Titan platform, with a $500 minimum investment.
- • The fund offers pre-IPO access to venture capital investments in disruptive private and public companies, a category previously reserved for institutions or individuals with at least $5M in investable assets.
- • The fund carries no accreditation requirement and offers quarterly liquidity rather than multi-year lockups, according to the press release.
- • Titan, founded in 2017 and backed by Andreessen Horowitz, General Catalyst, and Sound Ventures, positions the deal as part of a broader push to bring institutional-style private markets to individual investors.
Summary
Titan, an investment platform, announced on September 27, 2022 that it has partnered with ARK Invest, the firm led by Cathie Wood, to launch the ARK Venture Fund. According to the Business Wire release, the fund is exclusively available to retail investors on Titan and is designed to give everyday investors access to venture capital before companies go public.
The release states that venture capital has traditionally been reserved for institutions or individuals with at least $5M in investable assets. The ARK Venture Fund lowers that barrier to a $500 minimum investment and, according to the companies, requires no accreditation. Titan says the structure offers quarterly liquidity instead of the multi-year lockups common in private funds.
Clayton Gardner, Co-CEO and Co-Founder of Titan, said the company is working to unlock venture capital for most investors, citing accreditation requirements, high minimums, and limited access to top-tier VC firms and deal flow as obstacles. Cathie Wood, Founder, CEO, and CIO of ARK Invest, said the fund aims to offer all investors access to what ARK believes are the most innovative companies across their private and public market life cycles.
The announcement follows Titan's recent launch of real estate and private credit options. Titan describes its platform as offering curated strategies spanning public equities, real estate, private credit, and crypto, each managed by external investment managers. The release also argues the model connects private equity and real estate sponsors with retail assets they have not previously been able to serve at scale.
Titan was founded in 2017 by Clayton Gardner, Maxwell Bernardy, and Joe Percoco, and is backed by Andreessen Horowitz, General Catalyst, and Sound Ventures. ARK Investment Management is a federally registered investment adviser known for thematic investing in disruptive innovation.
The release states that venture capital has traditionally been reserved for institutions or individuals with at least $5M in investable assets. The ARK Venture Fund lowers that barrier to a $500 minimum investment and, according to the companies, requires no accreditation. Titan says the structure offers quarterly liquidity instead of the multi-year lockups common in private funds.
Clayton Gardner, Co-CEO and Co-Founder of Titan, said the company is working to unlock venture capital for most investors, citing accreditation requirements, high minimums, and limited access to top-tier VC firms and deal flow as obstacles. Cathie Wood, Founder, CEO, and CIO of ARK Invest, said the fund aims to offer all investors access to what ARK believes are the most innovative companies across their private and public market life cycles.
The announcement follows Titan's recent launch of real estate and private credit options. Titan describes its platform as offering curated strategies spanning public equities, real estate, private credit, and crypto, each managed by external investment managers. The release also argues the model connects private equity and real estate sponsors with retail assets they have not previously been able to serve at scale.
Titan was founded in 2017 by Clayton Gardner, Maxwell Bernardy, and Joe Percoco, and is backed by Andreessen Horowitz, General Catalyst, and Sound Ventures. ARK Investment Management is a federally registered investment adviser known for thematic investing in disruptive innovation.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.