# 370 Legacy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/370-legacy

- Industry: Financial Services
- Headquarters: Las Vegas, US
- Website: www.rares.io
- Total disclosed funding: $4M
- Latest round: Seed (Oct 11, 2021)
- Investors on record: 6

## About

370 Legacy, Inc. operates a platform for fractional ownership of alternative assets, allowing investors to acquire shares in high-value collectibles and art, enhancing accessibility to unique investment opportunities.370 Legacy, Inc., founded in 2020 by Gerome Sapp and Hector Tantoh, is based in Las Vegas, US. The company facilitates the investment in fractional ownership of alternative assets, having completed 3 deals, with its most recent deal on October 11, 2021. The company raised USD 4.000 mn in a Seed funding round led by MaC Venture Capital, alongside Cake Ventures, Evolution VC Partners, Gaingels, Portfolia Rising America Funds, and W Fund. The total amount raised by 370 Legacy, Inc. stands at USD 4.000 mn.370 Legacy, Inc. offers products and services focused on fractional ownership of alternative assets, enabling investments in collectibles, art, and other high-value items. Their platform allows users to purchase shares, thus lowering the barrier for individuals looking to diversify investments beyond traditional avenues. Targeting affluent individuals and institutional investors, 370 Legacy, Inc. facilitates engagement in asset classes that were typically limited to the wealthiest, with a market reach that extends to select international markets.370 Legacy, Inc. generates revenue through transaction fees on buying and selling shares of alternative assets on its platform. The pricing model includes a percentage-based fee for each transaction, which scales with trading volume. The company may also offer subscription services with premium features, enhancing investor access to exclusive assets. Their flagship service democratizes access to alternative investments, fostering a community of investors who can participate in asset ownership equitably.370 Legacy, Inc. plans to utilize the USD 4.000 mn raised in the recent funding round to grow its team, expand its inventory, and improve the delivery of ultra-rare assets to the cultures that appreciate them. The company is focused on launching new products designed to enhance its platform capabilities and is targeting expansion into additional international markets by 2023.

## Funding rounds

- Seed, Oct 11, 2021, $4M — Gaingels, Evolution VC Partners, MaC Venture Capital, Cake Ventures, W Fund, Portfolia Rising America Funds

## Investors

- Gaingels (https://capitalatlas.ai/funds/gaingels) — Seed
- Evolution VC Partners (https://capitalatlas.ai/funds/evolution-vc-partners) — Seed
- MaC Venture Capital (https://capitalatlas.ai/funds/mac-venture-capital) — Seed
- Cake Ventures (https://capitalatlas.ai/funds/cake-ventures) — Seed
- W Fund (https://capitalatlas.ai/funds/w-fund) — Seed
- Portfolia Rising America Funds — Seed