Exponent Founders Capital, an early-stage venture firm launched by Plaid and Robinhood alumni, has launched with a $75mn fund to invest in new startups.
In brief:
- Co-founded by Charley Ma and Mahdi Raza, the firm has raised $125mn to date and is launching with the new fund to invest in early-stage companies across fintech, in Europe, Canada and the US.
- Managing partners Ma and Raza have an impressive fintech background between them, having held growth roles at Plaid, Ramp, Codat, Alloy and Robinhood.
- Exponent has 24 companies in its portfolio according to its website, with fintech companies making up the bulk of these.
What does this mean?
“It’s difficult to build an enduring company unless you’ve lived it,” Ma said. “We have years of earned experience from the zero to one hundred journey at multiple high-growth companies, and we strive to be pound for pound the most high leverage investors for our founders.”
