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Industries
Fintech
Financial Services
Company Size
51-200
Company Stage
Series A
Total Funding
$25M
Headquarters
San Francisco, California
Founded
2020
Equi.com provides alternative investment opportunities aimed at helping clients build a diversified portfolio that is less affected by fluctuations in public markets. The company focuses on managing client funds through a team of experienced investors who actively monitor and adjust investments to optimize returns. They employ an overlay hedging strategy, which uses financial instruments to minimize risks associated with market volatility, ensuring that clients can still achieve returns even when traditional markets are struggling. Equi also has a unique feature where its founders invest their own money on the platform, aligning their interests with those of their clients. The company generates revenue by charging fees for its portfolio management and investment advisory services.
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Total Funding
$25M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
After working together for nearly one decade, three former managing directors of Amex Ventures in early 2022 branched out to form their own fintech-focused venture firm, Vesey Ventures. The trio had made early investments in more than 50 fintech companies, including the likes of Stripe, Plaid, Melio and Trulioo. During that time, they also helped engineer over 100 partnerships between startups and financial services institutions.Their goal was to take that 10 years of experience investing through the venture capital arm of one of the world’s largest credit card companies, and apply it firsthand to new early-stage investments — but with a twist. The firm says its intent is to go beyond term sheets to issuing bespoke “Strategy Sheets,” which outline how Vesey Ventures aims to leverage its network “to act as a company’s first business development team.” In other words, it wants to invest in early-stage fintech and enabling technology companies “where opportunities for early partnerships with financial incumbents exist.”And today, the firm — formed by founding partners and friends Dana Eli-Lorch, Lindsay Fitzgerald and Julia Huang, who all left AMEX Ventures at the same time in late 2021 — has announced the closure of its $78 million debut fund. They named the firm Vesey Ventures after the street where American Express has its headquarters in New York. (They declined to say whether Amex is a limited partner in the new fund.)The feat is particularly impressive considering that, according to PitchBook data recently cited by The Information, “female-led venture firms in the U.S
Equi, a NYC-based alternative investment strategies platform, raised $15M in Series A funding. The round was led by Smash Capital, with support from Company Capital and Montage Ventures
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Industries
Fintech
Financial Services
Company Size
51-200
Company Stage
Series A
Total Funding
$25M
Headquarters
San Francisco, California
Founded
2020
Find jobs on Simplify and start your career today