Allocations sees a world where myriad, smaller private equity funds are the norm

This morning Allocations, a fintech startup building software to help smaller private equity funds form and operate, announced that it has raised a $4 million round at a $100 million valuation. The startup also shared a host of performance metrics, including that it reached a $4.6 million revenue run rate in June, and a $6 million bookings run rate in the same month. Allocations also told TechCrunch that it has posted 28% monthly revenue growth over the last 12 months. With metrics like that, our curiosity was piqued. What is…

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