Rally Raises $30M in Series B Funding

Rally, a NYC-based platform that allows retail investors to invest in collectible assets, raised $30m in Series B funding.

The round was led by Accel, with participation from existing investors Upfront Ventures, Social Leverage and others. Additionally, Rally has secured a $50M debt facility from Upper90 Capital.

The company will use the funds to accelerate:

  • expansion into new categories including cash-flow producing assets like intellectual property, royalties, real estate and more,
  • user acquisition and
  • hring in areas such as technology, digital content creation and compliance.

Led by George Leimer, CEO, Rally provides a platform where unique, high-value assets are securitized, split into shares, and offered as equity investments to users of all income levels.

The company is adding NFTs, as well as a new trading experience with real-time trading of all assets on coming later this year. Its secondary trading platform also continues to grow, with Q1 transaction volume up 450% as compared to the same period the prior year.

The app is now available for iPhone, Android or Web.