Summary:
- Cache, a fintech company based in San Francisco, raised $12.5M in Series A funding led by Bill Trenchard at First Round Capital.
- The company plans to use the investment to expand operations and further develop its specialized products for managing stock positions.
- Since its launch in 2024, Cache has attracted a diverse client base and seen significant growth in platform assets and assets under management.
Article:
Cache, a San Francisco-based fintech company, recently announced a successful funding round of $12.5M in Series A funding. The investment was led by Bill Trenchard at First Round Capital, with additional support from solo investors with backgrounds in technology and finance. This funding injection will enable Cache to expand its operations and continue to develop its innovative products tailored for managing large, concentrated stock positions.
Founded in 2022 by Srikanth Narayan, Cache aims to democratize access to advanced financial instruments that have traditionally been reserved for the ultra-wealthy. Since its launch in March 2024, the company has garnered a diverse client base, including public company executives, early startup employees, long-term investors, and over 400 registered wealth management firms. The platform has seen impressive growth, surpassing $625M in platform assets within just over a year.
One of Cache’s key offerings is the Cache Exchange Funds, which have attracted over $600M in assets under management. The average investment per investor exceeds $900K, with an average capital gains deferred per investor amounting to over $750K. These results highlight the platform’s effectiveness in providing valuable financial solutions to its clients.
Overall, Cache’s successful funding round and rapid growth demonstrate the market demand for specialized fintech solutions for managing stock positions. With a strong foundation and a commitment to innovation, Cache is well-positioned to continue its expansion and provide value to its growing client base in the financial sector.
This article was originally published on FinSMEs on 14/08/2025.
