Vestigo Ventures Closes Early-Stage Fintech Fund I, at $58.9M

Vestigo VenturesVestigo Ventures, a Cambridge, MA-based early-stage venture capital firm focused on making investments in fintech companies, closed its first fund, at $58.9m.

Vestigo Ventures Fund I is comprised of strategic limited partners (LPs) who are corporate investors:

  • from the insurance industry and asset management (51%),
  • family offices (28%),
  • as well as individual investors (21%).

The firm invests in fintech companies that are applying technology – i.e. blockchain, artificial intelligence and big data – to improve market structures, provide operational solutions, enhance worksite management and/or support personal wealth strategies.

To date, Vestigo Ventures has invested in eight companies, including:
– Digital Assets Data,
– LifeYield,
– Micronotes,
– Mirador,
– Netcapital,
– Student Loan Genius,
– TowerIQ and
– Vestmark.

The firm was founded by:
– David Blundin, Founder and Chairman of Cogo Labs;
– Mark Casady, former CEO and Chairman of LPL Financial; and
– Managing Director Ian Sheridan.

They are joined by Mike Nugent and Frazer Anderson who are focused on finding and supporting startups.



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