Equity Alliance

ActiveVenture Capital

Website LinkedIn

Updated: Feb 17, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Apr 1, 2025	Eyeball Games	$3.0M Seed	—	10X Capital, 2.12 Angels, Altai Ventures, Jean de Fougerolles, B Capital Group, Coinbase Ventures, Flexcap, INBlockchain, Magma Partners, Morpheus Ventures, Pareto Holdings, Recharge Capital, Revel Partners, Tuesday Capital, White Star Capital, Anthony Pompliano, Faizan Khan (Unchained Capital), Mei Z.
Jul 1, 2024	Haruko	$6.0M Series A	—	10X Capital, 2.12 Angels, Altai Ventures, Anthemis Group, Jean de Fougerolles, Balderton Capital, B Capital Group, Coinbase Ventures, Flexcap, INBlockchain, Magma Partners, MMC Ventures, Morpheus Ventures, Outrun Ventures, Pareto Holdings, Recharge Capital, Revel Partners, Tuesday Capital, White Star Capital, Anthony Pompliano, Faizan Khan (Unchained Capital), Mei Z.
May 1, 2024	NIL Technology ApS	$31.0M Venture Round	—	Accel, Battery Ventures, Heartcore Capital, HV Capital, Koolen and Partners, Nokia Growth Partners, Pro Founders Capital, Spark Capital, Fritz Demopoulos, Johannes Reck, Tao Tao
Oct 1, 2023	Overstory	$14.0M Series A	—	10X Capital, 2.12 Angels, Afore Capital, Altai Ventures, Jean de Fougerolles, Autotech Ventures, B Capital Group, Bling Capital, Clocktower Technology Ventures, Coinbase Ventures, Concrete Rose Capital, Convective Capital, Flexcap, FPV Fund, Human Capital, Humba Ventures, INBlockchain, Khosla Ventures, Magma Partners, Morpheus Ventures, Moxxie Ventures, Pareto Holdings, Recharge Capital, Revel Partners, Ribbit Capital, Tuesday Capital, White Star Capital, Anthony Pompliano, Arjan Dijk, Bobby Lo, Faizan Khan (Unchained Capital), Gopi Kallayil, Mark Cuban, Mei Z., Rikard Steiber, Tikhon Bernstam, Vivek Garipalli
Jul 1, 2023	Eyeball Games	$2.0M Seed	—	10X Capital, 2.12 Angels, Altai Ventures, Jean de Fougerolles, B Capital Group, Coinbase Ventures, Flexcap, INBlockchain, Magma Partners, Morpheus Ventures, Pareto Holdings, Recharge Capital, Revel Partners, Tuesday Capital, White Star Capital, Anthony Pompliano, Faizan Khan (Unchained Capital), Mei Z.
May 1, 2023	Figure	$70.0M Series A	—	10X Capital, 2.12 Angels, Altai Ventures, Jean de Fougerolles, B Capital Group, Coinbase Ventures, Flexcap, INBlockchain, Magma Partners, Morpheus Ventures, Pareto Holdings, Recharge Capital, Revel Partners, Tuesday Capital, White Star Capital, Anthony Pompliano, Faizan Khan (Unchained Capital), Mei Z., Rich Nelson
Nov 1, 2022	Overstory	$5.0M Seed	—	10X Capital, 2.12 Angels, Afore Capital, Altai Ventures, Jean de Fougerolles, Autotech Ventures, B Capital Group, Bling Capital, Clocktower Technology Ventures, Coinbase Ventures, Concrete Rose Capital, Convective Capital, Flexcap, FPV Fund, Human Capital, Humba Ventures, INBlockchain, Khosla Ventures, Magma Partners, Morpheus Ventures, Moxxie Ventures, Pareto Holdings, Recharge Capital, Revel Partners, Ribbit Capital, Tuesday Capital, White Star Capital, Anthony Pompliano, Arjan Dijk, Bobby Lo, Faizan Khan (Unchained Capital), Gopi Kallayil, Mark Cuban, Mei Z., Rikard Steiber, Tikhon Bernstam, Vivek Garipalli
Jul 1, 2022	Gemini Sports Analytics	$2.0M Seed	—	10X Capital, 2.12 Angels, Altai Ventures, Jean de Fougerolles, B Capital Group, Coinbase Ventures, Flexcap, INBlockchain, Magma Partners, Morpheus Ventures, Pareto Holdings, Recharge Capital, Revel Partners, Tuesday Capital, White Star Capital, Anthony Pompliano, Faizan Khan (Unchained Capital), Mei Z.
Jul 1, 2022	Whipz	$2.0M Seed	—	Geodesic Capital, M25, Matchstick Ventures, Tribe Capital, True Ventures, Daren Cotter, Theresa Johnson
Jun 1, 2022	Aware	$15.0M Seed	—	Accel, Advancit Capital, Amino Collective, Antler, Atria Ventures, Cherry Ventures, Dreamers VC, FasterCapital, FinTech Collective, foobar.vc, Lakestar, Lightspeed Venture Partners, Malex Enterprises, Mantis VC, Oak HC/FT, Presight Capital, Seedcamp, Shine Capital, Trust Fund, Valar Ventures, Witz Ventures, Andrew Jones, Andrew Keys, Balaji Srinivasan, Bastian Nominacher, Casey Neistat, Chris Murphy, Christian Reber, Gloria Baeuerlein, Gokul Rajaram, Jeppe Rindom, Lucas Cranach, Mads Fosselius, Scott Belsky, Stefan Jeschonnek, Tony Hawk, Verena Pausder
Mar 1, 2022	Haruko	$10.0M Seed	—	10X Capital, 2.12 Angels, Altai Ventures, Jean de Fougerolles, B Capital Group, Coinbase Ventures, Flexcap, INBlockchain, Magma Partners, Morpheus Ventures, Pareto Holdings, Portage Ventures, Recharge Capital, Revel Partners, Tuesday Capital, White Star Capital, Anthony Pompliano, Faizan Khan (Unchained Capital), Mei Z.
Feb 1, 2022	Feroot Security	$8.0M Seed	—	Accel, Cyberstarts VC, Geodesic Capital, Glilot Capital Partners, Insight Partners, M25, Matchstick Ventures, Scale Asia Ventures, Tamar Technology Ventures, Team8, Tribe Capital, True Ventures, Benny Schnaider, Daren Cotter, Efi Cohen, Theresa Johnson
Jan 1, 2022	Astar Network	$22.0M Venture Round	—	Accel, Advancit Capital, Antler, Dreamers VC, Lakestar, Malex Enterprises, Mantis VC, Oak HC/FT, Pioneer Fund, Presight Capital, Trust Fund, Witz Ventures, Casey Neistat, Mark Cuban, Scott Belsky, Tony Hawk
Dec 1, 2021	Kueski	$100.0M Series C	—	10X Capital, 2.12 Angels, Accel, Altai Ventures, Jean de Fougerolles, B Capital Group, Coatue, Coinbase Ventures, Cometa, Endeavor Catalyst, Felicis Ventures, Flexcap, Flex Capital, GAIN, Human Augmentation Syndicate, INBlockchain, Lightspeed India Partners, Magma Partners, Morpheus Ventures, Pareto Holdings, Shailendra Singh, Preston-Werner Ventures, Recharge Capital, Revel Partners, Richmond Global Ventures, Todd and Rahul's Angel Fund, Tuesday Capital, White Star Capital, Y Combinator, Anthony Pompliano, Augusto Marietti, Ben Tossell, Christopher Golda, Faizan Khan (Unchained Capital), Kevin Weil, Mei Z., Scott Belsky
Dec 1, 2021	Passionfroot	$3.0M Seed	—	Accel, Battery Ventures, Cherry Ventures, Crane Venture Partners, Creandum, Heartcore Capital, HV Capital, IST cube, Kompas VC, Koolen and Partners, La Famiglia, Nokia Growth Partners, Presight Capital, Pro Founders Capital, Spark Capital, Christian Bertermann, Fritz Demopoulos, Hakan Koc, Johannes Reck, Julius Köhler, Mato Peric, Matthias Hilpert, Michael Stoppelman, Paul Forster, Pete Koomen, Stephan Wirries
Sep 1, 2021	Outer	$50.0M Series B	—	Accel, Advancit Capital, Antler, Capital Today, Dreamers VC, Geodesic Capital, Goat Capital, Kli Capital, Lakestar, M25, Malex Enterprises, Mantis VC, Matchstick Ventures, Oak HC/FT, Presight Capital, Tribe Capital, True Ventures, Trust Fund, Unpopular Ventures, Witz Ventures, Andy Katz - Mayfield, Casey Neistat, Curtis Lee, Daren Cotter, George Ruan, Michael Ryan Dubin, Nick Green, Scott Belsky, Scott Tannen, Sean Rad, Theresa Johnson, Tony Hawk, Vikas Sabnani, Vince Thompson
Sep 1, 2021	Neosec	$15.0M Series A	—	August Capital, BigSpring, Cyberstarts VC, Firebrand Ventures, Founders' Co-op, Foundry Group, KCRise Fund, Lightspeed Venture Partners, Octopus Ventures, SixThirty, Storm Ventures, Tamar Technology Ventures, Team8, Ten Eleven Ventures, TLV Partners, Trinity Ventures, True Ventures, Gary Fish, Rakesh K. Loonkar, Rob Theis, Romain Afflelou
Aug 1, 2021	Wildfire Systems	$15.0M Series A	—	Anthemis Group, Geodesic Capital, M25, Matchstick Ventures, QED Investors, Tribe Capital, True Ventures, TTV Capital, Theresa Johnson
Jul 1, 2021	Archipelo	$8.0M Seed	—	10X Capital, 2.12 Angels, Altai Ventures, Andreessen Horowitz, Jean de Fougerolles, B Capital Group, Blockchain.com Ventures, Bonfire Ventures, Coinbase Ventures, Correlation Ventures, Electric Capital, Evolve VC, Flexcap, Forum Ventures, Founders Fund, F Prime Capital, Hack VC, Haun Ventures, INBlockchain, Kindred Ventures, La Famiglia, Lowercarbon Capital, Magma Partners, Maven Ventures, Morpheus Ventures, MS&AD Ventures, Offline Ventures, Oyster Ventures, Pareto Holdings, Recharge Capital, Revel Partners, Ridge Ventures, Saga, Seven Seven Six, Surface Ventures, SV Angel, Tuesday Capital, Valar Ventures, Visionaries Club, White Star Capital, Y Combinator, Anthony Pompliano, Curtis Lee, Drew Houston, Faizan Khan (Unchained Capital), Frederic Kerrest, George Burke, Mei Z., Varsha Rao
Jul 1, 2021	Popshop Live	$20.0M Series A	—	01 Advisors, Abstract Ventures, Kevin Hartz, Accel, Advancit Capital, AirAngels, AIX Ventures, Alt Capital, Alumni Ventures, Animal Capital, Antler, Ascension Ventures, Aurora Forge, Banana Capital, B Capital Group, Benchmark, Bling Capital, Camber Creek, Canvas Ventures, Defy Partners, Dreamers VC, Earl Grey Capital, Feenix Ventures, First Round Capital, Floodgate, Forerunner Ventures, Founders Fund, Greylock, Andrew Wheeler, David Krane, Hoxton Ventures, Index Ventures, Insight Partners, Jude Gomila Rolling Fund, Kearny Jackson, Kleiner Perkins, Lakestar, Long Journey Ventures, MaC Venture Capital, Makers Fund, Malex Enterprises, Mantis VC, Menlo Ventures, Meritech Capital Partners, Mischief Venture Capital, Oak HC/FT, Offline Ventures, Operator Ventures, Otherwise Fund, Pareto Holdings, Pioneer Fund, Practical Venture Capital, Presight Capital, REMUS Capital, Roosh Ventures, Sequoia Capital, Smash Capital, Social Starts, Spark Capital, Stripe, Sunset Ventures, TQ Ventures, Trucks Venture Capital, Trust Fund, UpHonest Capital, Vera Equity, Visionaire Ventures, Winklevoss Capital, Witz Ventures, Y Combinator, YLEM, Aaron Levie, Alison Pincus, Arash Ferdowsi, Bryce Hall, Casey Neistat, Dan Wright, David Petersen, Eric Ries, Frederic Kerrest, Gordon Wintrob, Griffin Johnson, Jared Leto, Jeremy Cai, Jon Runyan, Manuel Bronstein, Marissa Mayer, Mathilde Collin, Mattia Astori, Max Mullen, Paul Rios, Ryan Carlson, Ryan Chan, Scott Belsky, Siqi Chen, Steve Stoute, Tom Williams, Tony Hawk, Tony Xu, Troy Carter, Zack Kanter
Jun 1, 2021	Stoke	$16.0M Series A	—	Accel, Battery Ventures, Heartcore Capital, HV Capital, Koolen and Partners, Nokia Growth Partners, Pro Founders Capital, Spark Capital, Fritz Demopoulos, Johannes Reck, Tao Tao
May 1, 2021	Cosuno	$15.0M Series A	—	AAF Management Ltd., Accel, Album VC, AngelList Syndicator, Atomico, Battery Ventures, Beringea, Cherry Ventures, Cisco Investments, DBL Partners, Far Out Ventures, FJ Labs, Founder Collective, Future Africa, Future Perfect Ventures, General Atlantic, General Catalyst, Giza Polish Ventures, GSV Acceleration, Heartcore Capital, HV Capital, Koolen and Partners, La Famiglia, Nokia Growth Partners, Openview Venture Partners, Partech Ventures, Pro Founders Capital, Revolution, Rock Ventures, #SecretFund, Serena Ventures, SoftBank Investment Advisers, Spark Capital, Speedinvest, Susa Ventures, TLcom Capital, Andy Chung, Chris Hughes, Chris Murphy, Frederic Montagnon, Fritz Demopoulos, Hakan Koc, Jeff Seibert, Johannes Reck, Julien Romanetto, Julius Köhler, Mathias Ockenfels, Matthias Hilpert, Nicolas Steegmann, Richard Fearn, Tao Tao, Thibaud Elziere, Wayne Chang, Wiley Cerilli
May 1, 2021	Upsie	$18.0M Series A	—	8VC, Alumni Ventures, Array Ventures, AV8 Ventures, Bascom Ventures, C2 Investment, Early Light Ventures, FirstHand Alliance, Geodesic Capital, Greycroft, Harrison Metal, Investo, M25, Matchstick Ventures, Plug & Play Ventures, Preface Ventures, Rackhouse Venture Capital, Stage Venture Partners, Tribe Capital, True Ventures, UpHonest Capital, Xfund, Y Combinator, Alain Hanover, Daren Cotter, David Yaffe, Jaffray Woodriff, Patrick S. Chung, Steve Norall, Theresa Johnson
May 1, 2021	Sanctuary	$3.0M Seed	—	Accel, Advancit Capital, Antler, Dreamers VC, Lakestar, Malex Enterprises, Mantis VC, Oak HC/FT, Presight Capital, Trust Fund, Witz Ventures, Casey Neistat, Scott Belsky, Tony Hawk
May 1, 2021	Collectable	$6.0M Series A	—	10X Capital, 2.12 Angels, Altai Ventures, Alven, Amplo, Jean de Fougerolles, Bain Capital Ventures, B Capital Group, Bond, Coinbase Ventures, Fifth Down Capital, Flexcap, Founders' Co-op, Friends & Family Capital, Global Founders Capital, INBlockchain, Index Ventures, Long Journey Ventures, Magma Partners, Morpheus Ventures, Pareto Holdings, Radical Ventures, Recharge Capital, Revel Partners, Sinai Ventures, Staenberg Venture Partners, Tuesday Capital, White Star Capital, Y Combinator, Charlie Songhurst, Faizan Khan (Unchained Capital), Mei Z., Scott Banister

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Equity Alliance.

Leadership Team

Key people at Equity Alliance.

Deep Dive

High-Level Overview

Equity Alliance refers primarily to two distinct entities in the investment and financial services space:

1. Equity Alliance International is an investor relations firm founded in 2003 that helps growth companies raise capital by creating investor awareness and corporate visibility. Their services include investor relations, capital raising for startups and growth companies, business plan development, investor campaigns, angel investment facilitation, venture capital connections, dual listings, and IPO support. They focus on bridging the gap between a company's current market valuation and its true worth by connecting companies with the right investors[1].

2. The Equity Alliance (founded 2021) is a venture capital investment firm that invests in exceptional venture capital fund managers and founders from historically undercapitalized groups. Their mission is to unlock superior returns by focusing on overlooked market opportunities and advancing inclusive access to capital. They invest thematically in technologies that empower individuals and promote future sustainability. Their hybrid investment model includes both fund investments and direct investments in standout portfolio companies within those funds[2][3][4].

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Origin Story

Equity Alliance International was established in 2003. It evolved as a full-service investor relations firm dedicated to helping companies with big ideas find financial support through capital investment. The firm has grown to offer a broad range of services that support companies from early-stage fundraising to public offerings[1].

The Equity Alliance was founded in 2021 by Claude Grunitzky, a serial entrepreneur and angel investor. The idea emerged from the recognition that venture capital markets often overlook diverse founders and fund managers. The Equity Alliance uses a hybrid fund structure to support both emerging fund managers and founders from underrepresented groups, combining fund-of-funds investments with direct investments in promising portfolio companies. Early traction includes 20 fund investments and 3 direct investments within the first year, demonstrating rapid deployment and validation of their model[2][4].

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Core Differentiators

Equity Alliance International:
Full-service investor relations with a focus on capital raising and corporate visibility.
Expertise in investor campaigns and communication strategies.
Strong network of local and international angel investors.
Support for complex capital market activities like dual listings and IPOs[1].

The Equity Alliance:
Hybrid investment model combining fund-of-funds and direct investments.
Focus on historically undercapitalized venture capital fund managers and founders.
Thematic investment approach targeting human empowerment and future sustainability technologies.
Ability to cherry-pick standout companies from portfolio funds for direct investment.
Strong emphasis on diversity, inclusion, and unlocking overlooked market opportunities[2][3][4].

---

Role in the Broader Tech Landscape

Equity Alliance International plays a critical role in the startup and growth company ecosystem by bridging the gap between companies’ potential and their market valuation through investor relations and capital raising. This helps startups and growth companies access the funding needed to scale, which is essential in a competitive market environment where visibility and investor confidence are crucial[1].

The Equity Alliance rides the trend of increasing focus on diversity, equity, and inclusion in venture capital. By investing in undercapitalized fund managers and founders, it addresses systemic gaps in access to capital. The timing is significant as the venture ecosystem increasingly recognizes the value of diverse perspectives for innovation and superior returns. Their hybrid model also reflects evolving market preferences for flexible, risk-mitigated investment approaches. This firm influences the broader ecosystem by expanding capital access and supporting technologies that enhance human potential and sustainability[2][3][4].

---

Quick Take & Future Outlook

Equity Alliance International is likely to continue expanding its investor relations services and capital market support, helping more growth companies navigate complex fundraising and public market processes. As capital markets evolve, their role in creating investor awareness and corporate visibility remains vital.

The Equity Alliance is positioned for growth with its Fund II fundraising underway, aiming to maintain its hybrid investment strategy. Trends such as increased focus on diversity in venture capital, sustainable technologies, and human empowerment will shape its journey. Its influence is expected to grow as it continues to unlock overlooked opportunities and support emerging managers and founders, potentially reshaping venture capital norms and expanding the innovation landscape[2][4].

Both entities, though distinct, contribute significantly to the startup and venture capital ecosystem by facilitating capital flow and supporting underrepresented groups and growth companies.

Frequently Asked Questions

Who founded Equity Alliance?

Equity Alliance was founded in 2021 by Eric Hippeau (Founder) and Kenneth Lerer (Founder) and Ben Lerer (Founder).

Frequently Asked Questions

Who founded Equity Alliance?

Equity Alliance was founded in 2021 by Eric Hippeau (Founder) and Kenneth Lerer (Founder) and Ben Lerer (Founder).

High-Level Overview

Equity Alliance refers primarily to two distinct entities in the investment and financial services space:

---

Origin Story

Equity Alliance International was established in 2003. It evolved as a full-service investor relations firm dedicated to helping companies with big ideas find financial support through capital investment. The firm has grown to offer a broad range of services that support companies from early-stage fundraising to public offerings[1].

The Equity Alliance was founded in 2021 by Claude Grunitzky, a serial entrepreneur and angel investor. The idea emerged from the recognition that venture capital markets often overlook diverse founders and fund managers. The Equity Alliance uses a hybrid fund structure to support both emerging fund managers and founders from underrepresented groups, combining fund-of-funds investments with direct investments in promising portfolio companies. Early traction includes 20 fund investments and 3 direct investments within the first year, demonstrating rapid deployment and validation of their model[2][4].

---

Core Differentiators

Equity Alliance International:
Full-service investor relations with a focus on capital raising and corporate visibility.
Expertise in investor campaigns and communication strategies.
Strong network of local and international angel investors.
Support for complex capital market activities like dual listings and IPOs[1].

The Equity Alliance:
Hybrid investment model combining fund-of-funds and direct investments.
Focus on historically undercapitalized venture capital fund managers and founders.
Thematic investment approach targeting human empowerment and future sustainability technologies.
Ability to cherry-pick standout companies from portfolio funds for direct investment.
Strong emphasis on diversity, inclusion, and unlocking overlooked market opportunities[2][3][4].

---

Role in the Broader Tech Landscape

Equity Alliance International plays a critical role in the startup and growth company ecosystem by bridging the gap between companies’ potential and their market valuation through investor relations and capital raising. This helps startups and growth companies access the funding needed to scale, which is essential in a competitive market environment where visibility and investor confidence are crucial[1].

The Equity Alliance rides the trend of increasing focus on diversity, equity, and inclusion in venture capital. By investing in undercapitalized fund managers and founders, it addresses systemic gaps in access to capital. The timing is significant as the venture ecosystem increasingly recognizes the value of diverse perspectives for innovation and superior returns. Their hybrid model also reflects evolving market preferences for flexible, risk-mitigated investment approaches. This firm influences the broader ecosystem by expanding capital access and supporting technologies that enhance human potential and sustainability[2][3][4].

---

Quick Take & Future Outlook

Equity Alliance International is likely to continue expanding its investor relations services and capital market support, helping more growth companies navigate complex fundraising and public market processes. As capital markets evolve, their role in creating investor awareness and corporate visibility remains vital.

The Equity Alliance is positioned for growth with its Fund II fundraising underway, aiming to maintain its hybrid investment strategy. Trends such as increased focus on diversity in venture capital, sustainable technologies, and human empowerment will shape its journey. Its influence is expected to grow as it continues to unlock overlooked opportunities and support emerging managers and founders, potentially reshaping venture capital norms and expanding the innovation landscape[2][4].

Both entities, though distinct, contribute significantly to the startup and venture capital ecosystem by facilitating capital flow and supporting underrepresented groups and growth companies.

Financial History

Investments Made

Financial History

Leadership Team

Leadership Team

Deep Dive

High-Level Overview

Origin Story

Core Differentiators

Role in the Broader Tech Landscape

Quick Take & Future Outlook

Frequently Asked Questions

Frequently Asked Questions

Leadership Team

Frequently Asked Questions

Deep Dive

High-Level Overview

Origin Story

Core Differentiators

Role in the Broader Tech Landscape

Quick Take & Future Outlook

Sources

Financial History

Investments Made