Investor Profile: Vesey Ventures — Thesis, Cheque Size & How to Apply

Vesey Ventures is an early stage fintech investor based in New York and Tel Aviv that exists to solve a specific founder problem: a great financial product still needs infrastructure, licences, capital and customers controlled by large financial institutions. For founders asking how to get funding from Vesey Ventures, the pitch must therefore show not only a product, but also a credible path into banks, card networks, insurers or other incumbents.

Investment thesis

Vesey Ventures backs companies transforming financial services, defined broadly rather than only as consumer banking or payments apps. It looks for fintech companies and for technology companies in areas such as cyber, artificial intelligence and data that sell into financial services.

Sectors and stages

The firm invests from seed to Series B. Its sectors include consumer and business fintech, vertical software, embedded fintech, the future of commerce and the infrastructure layer, including cybersecurity, risk and compliance. It also covers enabling technology for financial services, where an early partnership with an incumbent can create distribution before a startup can afford a large direct sales team.

Fund size and cheque size

Vesey Ventures closed its debut fund, Vesey Ventures Fund I, at $78 million in April 2023. It plans initial investments of $1.5 million to $3 million, with larger amounts reserved for follow on rounds. No later flagship fund size was verified for this profile, so any figure beyond the debut fund is treated as not publicly disclosed here.

Notable portfolio

Early portfolio companies named at the debut fund close included Coast, a spend management company; Grain, an Israeli startup offering embedded currency hedging for small and medium businesses; Cyrus, an identity protection company; Equi, an alternative investment platform; and Proper, bookkeeping software for property management companies.

Partners and team

The founding partners are Dana Eli-Lorch, who leads the Israel team, Lindsay Fitzgerald and Julia Huang. They worked together for nearly a decade at Amex Ventures, where they made more than 50 fintech investments and helped launch more than 100 partnerships between startups and financial institutions.

Programs and perks

Vesey Ventures does not run a verified open accelerator programme. Its signature support tool is the Strategy Sheet, issued alongside every term sheet, which sets out how the firm will use its network of strategic investors and advisers as the company's first business development team.

How to apply for funding

No open application portal for Vesey Ventures was verified, so the realistic route is a warm introduction through a fintech founder, a financial services executive, a co investor or an adviser in the firm's network.