Fin VC, a venture capital firm focusing solely on B2B FinTech, has raised $400mn.
In Brief:
Fin VC is based in San Francisco but invests globally.
It focuses on ticket sizes of $500,000-$10mn (early stage) and $10-100mn (growth/late).
Some of its focuses include embedded finance, asset management, CFO tech stack and InsurTech.
What does this mean?
Founded in 2018 to fill a gap by supporting B2B focused entrepreneurs and SaaS (which have both grown over the past three years), Fin VC counts Tradeeshift and Onfido among its portfolio.
The new funds will help with its strategy to invest in the later or growth stages of companies it has supported from seed.
