# Eco

Eco is an Asset Manager based in San Francisco, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** San Francisco, United States
- **Region:** North America
- **Address:** San Francisco, CA, United States
- **Founded:** 2018
- **Assets under management:** Undisclosed
- **Website:** eco.com
- **LinkedIn:** https://www.linkedin.com/company/mlnfarm

## Regulatory record

- **Reports private funds:** No

## About

Eco is a San Francisco-based company founded in 2017. It offers a digital cryptocurrency platform for daily-use transactions. The firm has secured $86 million in total funding.

## Sectors

- FinTech
- Enterprise Software

## People

- Andy Bromberg — Co-Founder and CEO
- Garrett Camp — Co-Founder and Chairman

## Questions

### Who runs investment decisions at Eco?

Eco is a consumer fintech company, not an asset management firm, so there is no CIO or investment committee deploying capital in the traditional sense. Strategic direction, including how user deposits are allocated across yield-generating instruments, is led by Co-Founder and CEO Andy Bromberg. Treasury management relies on partner banks and internal protocol allocations.

### Is Eco structured as a bank or a technology company?

Eco operates as a technology company, not a chartered bank. It partners with licensed banking institutions to hold user deposits and provide FDIC insurance, while Eco itself builds the consumer-facing wallet interface and rewards infrastructure. This asset-light structure is common among fintech platforms that want to avoid the capital requirements of a banking license.

### Which investors backed Eco's Series C round?

Eco's 2021 Series C and subsequent 2023 funding were led by a16z, Founders Fund, Pantera Capital, and L Catterton, among others. The total disclosed funding raised as of March 2023 stood at $95 million across all rounds, per TechCrunch. These backers reflect a crossover between traditional venture capital and crypto-native funds.

### Does Eco participate in fund commitments or only direct consumer products?

Eco focuses exclusively on its direct-to-consumer digital wallet and does not operate as a fund manager or take external capital commitments. The company's capital comes from venture funding, and its product revenue derives from interchange, lending economics, and protocol yields — not from management or performance fees on pooled investment vehicles.

## Related profiles

- [South Rose Capital](https://altss.com/profile/south-rose-capital)
- [ScholarRx](https://altss.com/profile/scholarrx)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/eco

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