The round was led by Bill Trenchard at First Round Capital, with participation from solo investors from across technology and finance.

The funding comes as Cache has demonstrated exceptional market traction, surpassing $625 million in total assets just over a year since launch, while approaching profitability.

Cache is a fintech company that offers specialized products for managing large, concentrated stock positions. Founded in 2022 by Srikanth Narayan, Cache democratizes access to advanced financial instruments traditionally reserved for the ultra-wealthy.