
When Dragoneer led OpenAI's latest $8.3 billion funding round, most individual investors could only watch as institutional investors fought over what would turn out to be one of the year's best venture deals. We see it happening more and more in venture capital: large funds are getting better access to high-growth tech investments, while regular investors are left out.
A new generation of platforms is working to fix this imbalance. Alumni Ventures (AV), a company based in Manchester, New Hampshire, is one of those going against that trend. By doing something that the industry once thought was impossible—giving individual investors access to the same institutional-grade deals for as little as $10,000—they have quietly become one of the most active venture capital dealmakers in the US.