Page 21 - Katherine Boyle News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Titan nabs $12.5M for ‘next generation’ investment management Titan, a startup that is building a retail investment management platform aimed at millennials, has closed on $12.5 million in a Series A round led by VC heavyweight General Catalyst. A bevy of other investors put money in the round, including Sound Ventures (actor Ashton Kutcher and Guy Oseary’s VC firm), Scribble VC, BoxGroup, Y Combinator, South Park Commons, Instagram founder Mike Krieger, Lee Fixel and others.  Titan is hoping to build on the momentum it saw in 2020, during which it grew revenue, customers and assets under management by 600%, “with effectively no marketing budget, according to co-founder Joe Percoco. The New York-based company says it’s approaching $500 million in assets under management and was cash flow positive last year.

Josh constineKatherine boyleMike kriegerLee fixelAshton kutcherJoe percocoClay gardnerGoldman sachsWharton school of the university pennsylvaniaSound venturesGuy osearySouth park commonsNew york basedWharton schoolStone ageGeneral catalyst