Better Tomorrow Ventures
Status
ACTIVE
Global HQ
San Francisco, United States
Countries of investment
- United States
- Mexico
- Brazil
Investment stages
- Pre-seed
- Seed
Industries
- Fintech
- Payments
- Lending & credit
- Insurtech
- Embedded finance
- Financial infrastructure
About
Better Tomorrow Ventures is a San Francisco-based venture capital firm focused on fintech and insurtech. Their focus spans the United States, Mexico, and Brazil. The firm supports founders from pre-seed through seed stages.
Better Tomorrow Ventures is a San Francisco-based venture capital firm focused on fintech and insurtech. Their focus spans the United States, Mexico, and Brazil. The firm supports founders from pre-seed through seed stages.
Investment Thesis
Better Tomorrow Ventures is a pre-seed-to-seed venture firm investing in fintech, with an active insurtech thesis around embedded insurance and underserved-market coverage across the Americas. The firm differentiates itself through founder-operators with direct fintech-building experience mentoring first-time founders.
Manager's Experience
Founded in 2019 in San Francisco and led by Sheel Mohnot, a former general partner at 500 Startups, and NerdWallet co-founder Jake Gibson. Gibson was COO of NerdWallet from 2010 to 2014; Mohnot sold FeeFighters to Groupon in 2012, where the technology became Groupon Payments. AUM stands at $450M following a $140M BTV III, a $150M BTV II in 2021 and a $75M debut fund in 2019. Portfolio includes Kin, Ethos, Basis, Layer and InScope.
Team
Sheel Mohnot-Co-Founder & General Partner
Jake Gibson-Co-Founder & General Partner
Nihar Bobba-Principal
JC Bahr-de Stefano-Investor
Yoni Lateiner-Head of Talent
Sloane Gerritzen-Chief of Staff
Portfolio
Kin Insurance
Ethos
Basis
Layer
InScope
Outpost