The new fintech is targeting investors seeking to build their own indices.
Tilt, a new startup aiming to change how portfolios are built, has closed a US$7.1 million seed round. Led by Portage and Lerer Hippeau, with support from Golden Ventures , Real Ventures, Cumberland Investments, and FJ Labs, the fundraising will fuel the launch of its direct indexing platform, which started rolling out via waitlist on 22 September. The platform is targeted at investors looking for alternatives to traditional index funds which can bundle many securities together but fall short