Fundraising Fox
Purpose Built
also invests · investor profileNew Haven, US · Founded 2018 · 39 employees on LinkedIn · 1 known investors
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Purpose Built is a venture studio that co-founds and invests in early-stage, mission-driven startups, offering solo founders coaching, operational support, an investor network, and capital. It focuses on fintech, upskilling, and the future of work.
Founders & leadership
Purpose Built was founded in 2018 by Miles Lasater.
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Miles LasaterCEOMiles Lasater is founder and CEO of Purpose Built, a venture studio that co-founds and invests in early-stage startups focused on fintech, upskilling, and the future of work. He previously co-founded Higher One while in college, growing it to an IPO and $200 million in revenue, and founded SeeClickFix and OneUni; he also invests in and advises early-stage technology companies and nonprofit organizations.
Investors · 1
Reported raises · per SEC filings
Form D private placements$5.8M disclosed across 2 rounds · 2022–2024
▶$4.7MraisedMar 2024 · 33 investors · OtherRule 506(b)
▶$4.7MraisedMar 2024 · 33 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Miles LasaterExecutive Officer, Director, Promoter
- Offering amount
- $6M
- Amount sold
- $4.7M
- First sale
- Mar 2024
- Incorporated
- Limited Liability Company, Connecticut, 2022
- Federal exemptions
- 06b
▶$1.1MraisedOct 2022 · 15 investors · OtherRule 506(b)
▶$1.1MraisedOct 2022 · 15 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Miles LasaterExecutive Officer, Director, Promoter
- Offering amount
- $4M
- Amount sold
- $1.1M
- First sale
- Oct 2022
- Incorporated
- Limited Liability Company, Connecticut, 2022
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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Companies working in the same space as Purpose Built.
Frequently asked questions
- What does Purpose Built do?
- Purpose Built is a venture studio that co-founds and invests in early-stage, mission-driven startups, offering solo founders coaching, operational support, an investor network, and capital. It focuses on fintech, upskilling, and the future of work.
- Who founded Purpose Built?
- Purpose Built was founded by Miles Lasater in 2018.
- Who are Purpose Built's investors?
- Purpose Built's investors include Connecticut Innovations.
- How much funding has Purpose Built raised?
- Purpose Built has disclosed $5.8M raised across 2 rounds.
- Where is Purpose Built headquartered?
- Purpose Built is headquartered in New Haven, US.