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Cathie Wood’s ARK launches venture fund open to individual investors

The ARK Venture Fund is available to U.S. investors, including individuals, for a minimum initial investment of $500 on the online investment platform of financial-technology startup Titan. Venture-capital funds traditionally limit access to accredited investors such as wealthy individuals or institutions.

“We think retail investors should have the right to participate in the value creation of the most exciting and successful technology companies on the planet, even if they’re private,” Maximilian Friedrich, a member of the ARK Venture Investment Committee and an analyst at the firm, said in an interview. “That is a value add that sets us apart from traditional venture capitalists, which often do not have a broad reach and audience with retail investors.”

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venture, wealth management