BTV is a venture capital firm that invests in early-stage fintech startups.

BTV was founded in 2019 to partner with fintech founders building the future of financial services, from idea to IPO. We take a pretty broad view on fintech, and many vertical SaaS and marketplace businesses fit in our purview, too.

The BTV team is made of experienced operators building and backing exceptional early-stage fintech companies for over a decade. And the firm’s partners are seasoned fintech founders and angel investors: Sheel Mohnot built and sold two fintech companies before starting the 500 Fintech accelerator, and Jake Gibson co-founded NerdWallet (Nasdaq:NRDS). Find the BTV team at www.btv.vc or on Twitter at @btv_vc.

Better Tomorrow Ventures

During Beyond Summit 2024 by Allocate in May, Sheel Mohnot of Better Tomorrow Ventures shared with us the advantages of being a thematic or specialized #VentureCapital firm in #fintech and the 3 key ways they work with to impact portfolio companies: 

1) recruiting beyond initial screenings, 
2) building a strong community of founders who cross-pollinate efforts with each other, and 
3) outsource business development in the financial services industry

The journey continues! Albert and I started Cadana in 2021, building the first earned wage access solution in emerging markets such as Africa. We quickly added cross-border payroll capabilities for our customers.

The early days were particularly difficult because the infrastructure to support payroll did not exist in most emerging markets, so we had to build from scratch. Over the past three years, we have developed a proprietary employment law engine, custom payment networks, and a multi-currency wallet with embedded financial services. Our infrastructure has powered over $150 million in transactions to workers in 50+ emerging market countries, saving workers $2.5 million in fees and approximately 350,000 days waiting for their salaries.

We’re excited to announce that we’re opening up our technology to global hiring platforms! Cadana’s Payroll API and white-label products allow global hiring platforms to scale their operations, launch new product lines, and provide an unparalleled experience to their workers in Africa, Latin America, and Southeast Asia.

We’re also excited to announce our fundraising of over $7 million from world-class investors such as Better Tomorrow Ventures, Costanoa Ventures, and 500 Global.

Our vision at Cadana is to empower brilliant people around the world to have equitable access to global opportunities. We’re grateful for the support of our people, customers, and stakeholders as we march toward this vision.

Discover more about how Cadana is revolutionizing global payroll below https://lnkd.in/d-_pCjkX

One of the things I say most often to companies in themint.vc and around BTV.vc is “you’re overthinking it”

Embrace the chaos and just go!

Life news - i'm back in startups as CEO & cofounder of Blaide! 

I'm thrilled to join friends and former colleages Lex Georgiou, Peter B., and Jamu Kakar in solving tangible problems for home contractors as they work to electrify 140M american's homes.

I'm estatic I get to be partnering with Jake & Sheel of Better Tomorrow Ventures and April & Jess of Adverb Ventures a second time around - and thankful for their immediate belief in our team and opportunity ahead.

We're having a blast building a joyful place to work, making an impact on climate, leveraging the latest in AI and all of our fintech craft. 

More to come.... https://www.blaide.com

Excited to announce our investment in InScope! It was a real privilege to have Mary Antony and Kelsey Gootnick, CPA join us for the first cohort of our pre-seed program, The Mint.

InScope is automating the generation of GAAP-compliant financial statements, footnotes, and audit-ready documentation. Today, putting together financial statements and disclosures can take a company weeks to months to compile and is prone to errors. It is expensive, manual, slow, and painful. Still, U.S.-based public and private companies spend $30 billion every year on financial audits, just to prove that historical financials are accurate. Adding to the strife, in the last 2 years, 300,000 accountants have left the profession (1 in every 6 accountants!). With this acute talent shortage, the timing for a solution like this couldn’t be better.

InScope’s technology gives accountants superpowers to help them complete their reporting tasks in minutes instead of months. Their technology compiles information from the company’s core systems, like their ERP, and publicly available information from SEC guidance. Then, their internal rules engine transforms those inputs into GAAP-compliant financials and audit documents. 

This team understands this problem incredibly well. Mary and Kelsey have over 30 years of domain experience, with first-hand knowledge about how painful the problem is. They scaled and led accounting and finance teams at companies like Miro, Autodesk, Dropbox, Flexport, and Yelp, guiding the organizations through over 25 audits.

InScope is already working with a handful of fast-growing companies to help streamline their financial reporting needs. If you are a mid-market or enterprise company preparing for financial audits, get in touch!

Great to support InScope alongside Justin Overdorff and Aaron Frank at Lightspeed, along with some awesome angels!

It’s a special day at InScope. We are officially launching our product today, making financial reporting and audits more accurate and efficient for private companies. We also raised a seed round of $4.3M to help further our mission. 

To learn more about InScope and how we’re looking to change an area that’s been overlooked, check out our article in TechCrunch.

BTV

VC:BTV

BTV