Poolit raises millions to turn accredited investors into LPs in VC, private equity funds

Dakotah Rice spent years working in the investment banking industry at firms such as Goldman Sachs, Carlyle and Coatue.
One thing that stood out to him was how only a small group of select people and firms could invest in venture capital and private equity funds. The barrier of entry is high, as minimums to invest in private equity often start at $1 million. While attending Harvard Business School, Rice became determined to build a platform that provides accredited investors with access to invest in such entities with as little as $1 — essentially giving them a way to be LPs without meet

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