Sweater: Invest in Startups

Sweater: Invest in Startups

Venture Capital Fund Investing

Details about Sweater

  • Released
  • Updated
  • iOS Version
  • Age Rating
  • Size
  • Devices
  • Languages
  • April 14, 2022
  • September 19, 2024
  • 13.4+
  • 4+
  • 66.72MB
  • iPhone, iPod
  • English

Features

Developer of Sweater

🙌339
Ratings
🗣❌ unsupported
Your locale

Version History of Sweater

0.8.30

April 29, 2024

- Security updates

0.8.28

January 25, 2024

Bug fixes and security updates.

0.8.24

October 10, 2023

- Updates to maintain security - Improvements to sign up flow - Bugfixes If you love Sweater, please leave a nice review.

More

0.8.23

September 25, 2023

- Streamlining the process to sign up and complete a first investment - Give users more control over communication preferences in the settings - Add Venture Academy education videos - Bug fixes - Security updates

More

0.8.21

August 9, 2023

- Bug fixes - Security updates

0.8.20

July 18, 2023

- Minor copy changes - Bug fixes

0.8.19

June 23, 2023

- Added fonts to improve readability. - Adjustments under the hood to keep things running smoothly.

0.8.18

June 15, 2023

- Security Patches - User improvements - Bug fixes

More

0.8.17

June 10, 2023

- AppStore improvements - Usability improvements

0.8.11

May 10, 2023

- Improved push notifications - Bug fixes and security updates

Price History of Sweater

Description of Sweater

Are you ready to embark on an exhilarating journey into the world of venture capital investing? Look no further, because Sweater is here to ignite your passion for the future! Say goodbye to the days of limited access to venture capital investing. Sweater is revolutionizing the market, making it accessible to all retail investors craving a piece of the next groundbreaking company. Brace yourself for a remarkable journey! Our mission? To unleash a new wave of wealth creation through venture capital investing. The tech titans have reigned supreme for far too long, but now, we offer you the opportunity to invest in the next startups that will shape the future. Investing in such companies has traditionally been a daunting task for retail investors, but Sweater has turned the tables! With Sweater, our ultimate goal is to surpass the stock market by investing intelligently in the most promising venture capital-backed startups that are poised to reshape the world. While these investments may carry an element of risk in the beginning, the potential rewards can far outweigh those of conventional stocks. Brace yourself for a thrilling ride as Sweater takes the stage with its pioneering venture capital fund! Prepare to have your investing experience transformed by our revolutionary investing app, which places all the essential tools at your fingertips. Never before has investing in venture capital startups been this seamless and convenient. Sweater and its unrivaled VC fund, the Cashmere Fund, have made it a breeze! Joining the next triumphant VC-backed startup is simpler than you could ever imagine. Here's how: - Invest at your own pace: Begin with a one-time investment of $500 or go all-in with $500k. Accredited or not, Sweater welcomes everyone with open arms. We're the venture capital fund for every aspiring investor! - Watch your position flourish: Set up automatic monthly contributions and witness your stake in startups grow exponentially. Venture capital investing is a whole different ball game compared to crowdfunding or stock trading. It demands a long-term mindset, but the potential to create an exceptional passive income awaits you in retirement. - Leave it to us: As a fully-managed venture capital investing fund, we meticulously conduct due diligence on your behalf. Our team of skilled analysts and experts ensure a continuous flow of the most promising startups to propel your investments to new heights. - Embark on a portfolio adventure: Dive deep into the companies and startups you hold ownership in and witness Sweater's portfolio companies knit together the future. - Reap the rewards: Unlike traditional venture capital funds that keep your investments locked away for a decade or more, we offer periodic windows for withdrawal. Sweater always has your personal finance at heart! As you can see, Sweater opens up a world of possibilities for you to shape the future of the economy. Waste no time—download our app now and become an investor in the most triumphant startups of tomorrow! DISCLOSURE: The information in this presentation and the prospectus of Sweater Cashmere Fund are not complete and may be changed. We may not sell the Fund’s securities until the registration statement filed with the Securities and Exchange Commission is effective. This presentation is not an offer to sell these securities and is not soliciting an offer to buy these securities in any state where the offer or sale is not permitted. Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. The prospectus contains this and other information about the Fund and can be obtained by calling 1.888.577.7987 or emailing support@sweaterventures.com and should be read carefully before investing. All investing involves risks, and past performance is no guarantee of future results.
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Sweater: FAQ

Can Sweater be used on an iPad?

No, Sweater does not have support for iPad devices.

Who built the Sweater app?

Sweater LLC launched the Sweater app.

What should be the minimum iOS version for Sweater?

The Sweater app currently supports iOS 13.4 or later.

How do users rate Sweater?

Users are raving about Sweater, which has an exceptional rating of 4.8 out of 5.

What is the category of the Sweater app?

Sweater Relates To The Finance App Genre.

What’s the latest version of the Sweater app?

The latest version of Sweater is 0.8.30.

When did the new Sweater update happen?

Sweater updated its app on September 19, 2024.

When did Sweater first launch?

The release date of the app was February 6, 2023.

What is the recommended age for the Sweater app?

This app is rated for ages 4 and up, and contains only family-friendly content.

What languages are available on Sweater?

The following list of languages is supported by the Sweater app: English.

Does Apple Arcade provide access to Sweater for its subscribers?

No, Sweater is not featured on Apple Arcade.

Can users make in-app purchases in Sweater?

Unfortunately, users cannot make in-app purchases within Sweater.

Does Sweater provide support for Apple Vision Pro?

No, Sweater does not provide support for Apple Vision Pro.

Are users exposed to ads in Sweater?

Yes, users are exposed to ads in Sweater.

Video & Screenshots of Sweater

iphone

Alternatives to Sweater

Reviews of Sweater

  • Best way to get into venture

    Love what Sweater has done. Generally you need to write a $250k check to be an LP in a fund. Sweater allows you to get in with just $500 and they open up bi-annual redemptions which is a first for venture. Usually have to wait 5-10 years until there’s a distribution. Low commitment way to dip your toe into venture - highly recommend.
  • A new unique way to invest

    Sweater has been a great app. I think it’s important to not put all your eggs in one basket. VC can be risky, but if Sweater does their DD, then these investments should be sound. So far, everything has been great though. One thing I’d like to see added is a historical graph of the changes in NAV share price.
  • Great app, time will tell about the returns

    Great app functionality so far. Gives me my daily NAV, education on VC funding, some “disruptor” content for new up and coming companies. If you read the prospectus, the management fees include a large chunk for marketing expenses, which obviously initially I understand is needed to get the kind of reach that is needed to make this a feasible operation. But having expenses potentially over 6% of AUM concerns me long term in eating away at any returns. Hopefully as the AUM grows, these fixed cost percentages will lower and they will build in a performance structure that better aligns both portfolio manager and investor incentives.

    Developer Response

    Thanks for your review! Worth pointing out, one of the nice things about how our Fund is structured, is we actually can NOT have expenses ever go over 5.98%, because our Expense Limitation Agreement prohibits it. In any period where expenses are exceptionally high, Sweater will forego part or all of our management fee (where our revenue comes from) in order to keep expenses at a predictable and reasonable level for our investors. It's true that investing in VC has higher costs than some other asset classes, like an index fund of publicly-traded stocks for example, but the historical returns on private companies balances out that cost across most time periods, which can make it a good addition to a well-balanced, diversified portfolio for a lot of folks (please consult a financial advisor if you're wondering whether it's a good fit for you!).