Jul 20, 2021
A titanic step forward for our clients and our vision
One of the great joys of building a company is hearing from your clients. Over the past three years, we’ve loved hearing your stories, your suggestions, your questions, and every moment of learning and delight. Our clients are the heartbeat of Titan, and we are deeply grateful to have you on board.
Today, we’re thrilled to announce that we closed $58M in Series B fundraising, led by Andreessen Horowitz (a16z), with participation from existing investors including General Catalyst, BoxGroup, and Ashton Kutcher's Sound Ventures. A cast of incredible athletes and artists are also joining the Titan mission including Kevin Durant, Odell Beckham Jr., Jared Leto, and Will Smith. We’re excited to have Anish Acharya, General Partner at a16z, joining our board. We’ve also heard from many Titan clients who are eager to invest in Titan the company: we are actively pursuing ways to make this possible.
This is a momentous and humbling moment for us as a team: a vote of confidence in our vision and a clear signal of the enormity of the task ahead of us. The underlying operating system (“OS”) for investment management needs to be rebuilt. This new “OS” will enable every individual, of every background, to have their capital expertly-managed by top-caliber investors, in what we believe to be the best investments in the world.
When we get this right, the relationship between individuals and their capital will fundamentally shift. Investing shouldn’t be a time-intensive and stressful act (as many assume it is), a shiny arcade game (as some DIY-investing apps frame it), or an inaccessible task taken on only by the wealthiest (as some hedge funds make it seem). Investing will be seen as the vital, universal act of stewardship that it is.
At its core, investing is a way of shaping the world of the future. Think about it. When your capital is intelligently invested, to well-run companies with promise and purpose, you are effectively building a world in which their missions thrive. Whether you allocate your hard-earned savings to massive technologies, offshore markets, crypto protocols, or other rising opportunities of tomorrow, your capital speaks. Investing is everyone's collective duty to nurture the world's success, and to reap its fruit. But it's a complex craft, requiring significant expertise. We are running as hard as we can so that Titan can guide as many people’s wealth as possible.
We're honored to be managing your capital. This is a sacred trust that we don’t take lightly. If you know anyone who might benefit from becoming a Titan client, send them our way.
Thank you for investing with Titan, and for joining us on this journey. Money needs a new guardian. We know you’re counting on us to fill the void. Stay tuned for a lot more to come.
Onwards, Clay, Joe, Max, & the whole Titan team