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AnchorZero raises $8M in Seed funding led by Bain Capital Crypto and Spark Capital

Jun 29, 2024over 1 year ago

Amount Raised

$8 Million

Round Type

seed

New YorkFintechFinanceFinancial Services

Investors

Sarah MeyohasRobot VenturesPascal CapitalMischief CapitalEthereal VenturesSpark CapitalBain Capital Crypto

Description

AnchorZero, a NYC-based platform enabling founders to leverage Roth IRAs for tax savings and financial growth, raised $8M in Seed funding led by Bain Capital Crypto and Spark Capital with participation from Ethereal Ventures, Mischief Capital, Pascal Capital, Robot Ventures, and angel investor Sarah Meyohas. The funding has enabled AnchorZero to establish a chartered trust company and to accelerate the development of additional tax-focused products for founders and employees.

Company Information

Company

AnchorZero

Location

New York, New York, United States

About

AnchorZero is a NYC-based platform that enables founders to leverage Roth IRAs for tax savings and financial growth. The company provides a flagship product that simplifies the process of transferring startup equity into Roth IRAs, unlocking potentially hundreds of millions in tax savings and facilitating tax-free compounding of gains.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers