Top 14 Venture Capital Firms Backing Financial Exchanges Startups

When you're building a company in the financial exchanges or capital markets tech space, finding the right investors is critical. Knowing which venture capital firms truly understand your business model can make all the difference during a fundraise.

To help you prepare, our team at Rho has put together this overview of top VC firms that actively invest in financial technology. This guide gives you a clear look at the investors who could be a great fit, from early-stage to late-stage rounds.

Rho provides access to business banking, corporate cards, and bill pay — built for startup teams moving fast.

Key Takeaways

• Securing venture funding provides the capital to scale your operations and product, and it also brings crucial industry validation for your business model.
• Venture firms like Endeavor Catalyst, WestCap, Invesco, and Celesta Capital are notable backers for companies focused on financial exchanges and capital markets technology.
• Once your funding is secured, Rho helps you manage and deploy that capital efficiently with integrated tools for business banking, corporate cards, and automated bill pay.

Which VC Firms in Financial Exchanges Are Right for Your Stage?

Whether you're raising an early round or preparing for an exit, it helps to know which investors to approach. Here’s a quick look at the firms that invest in financial exchange companies at each stage.

Pre-seed and Seed VC Firms in Financial Exchanges

Pre-seed and seed funding is the earliest capital you'll raise, typically used to validate your idea and build an initial product. For founders in the financial technology space, firms like Fearless Fund and Lemnos VC specialize in this stage, while Liquid 2 Ventures also actively invests in seed-stage companies.

Early Stage VC Firms in Financial Exchanges

Early-stage rounds, like Series A and B, provide the capital to grow your team and scale your go-to-market strategy once you have product-market fit. Some early-stage venture capital firms with a history of backing companies in financial exchanges and fintech include SemperVirens, Deciens Capital, and ff Venture Capital.

Once you secure this growth capital, our team at Rho can help you manage and deploy it efficiently with integrated tools for business banking, corporate cards, and automated bill pay.

Late Stage VC Firms in Financial Exchanges

Late-stage funding is for established companies looking to expand into new markets, make acquisitions, or prepare for an IPO. Prominent late-stage venture capital firms to consider include WestCap and Celesta Capital, while a major player like Invesco often invests in companies at the pre-IPO stage and beyond.

It's also worth noting that many VC firms invest across multiple stages, from seed to late-stage rounds.

Here is a closer look at some of the top VC firms that invest in financial exchange companies, with key details on their investment stages, geographic focus, and what makes each one a potential fit for founders.

1. Endeavor Catalyst

Endeavor Catalyst is a co-investment fund that invests alongside lead investors in companies led by Endeavor Entrepreneurs. It’s designed to support high-impact founders within the global Endeavor network.

The firm is known for backing companies that achieve significant scale, with a portfolio full of unicorns from emerging markets. Notable investments include the Nigerian fintech startup Flutterwave and the Colombia-based super-app Rappi.

This fund is a great fit for founders who are already part of the Endeavor ecosystem or are seeking a strong co-investor with a global perspective. It’s particularly well-suited for companies in high-growth markets aiming for massive scale.

Once your funding is secured, Rho helps you manage and deploy that capital efficiently with integrated tools for business banking, corporate cards, and automated bill pay.

• Investment stages: Seed, Early Stage Venture, and Late Stage Venture
• Industries of focus: FinTech, Financial Services, and companies in the financial exchanges space
• Geographical presence: Based in New York with a global investment mandate
• Founded: 2012
• Notable portfolio companies: Flutterwave, Rappi, Globant, and Tabby
• Portfolio size: Over 380 investments

You can refer to their website here.

2. WestCap

WestCap is a strategic investment and operating firm that partners with tech-enabled, asset-light marketplaces. Their focus is on businesses that can scale efficiently without being weighed down by heavy physical assets.

The firm invests from early-stage venture through private equity, showing they can be a long-term partner as a company grows. Their portfolio includes category-defining companies like the wealth-management platform Addepar and the fintech giant Klarna.

WestCap is a strong potential match for founders building marketplace businesses, particularly in fintech, financial services, or real estate. Companies seeking an investor that provides hands-on operational support would find their model appealing.

Once you’ve secured a partner like WestCap, Rho can help you manage that new capital with integrated tools for business banking, corporate cards, and automated bill pay.

• Investment stages: Early Stage Venture, Late Stage Venture, and Private Equity
• Industries of focus: FinTech, Financial Services, Real Estate, and tech-enabled marketplaces
• Geographical presence: New York
• Founded: 2019
• Notable portfolio companies: Addepar, GoodLeap, Klarna, Airbnb, and Hopper
• Portfolio size: 62 investments

You can refer to their website here.

3. Invesco

Invesco is an independent investment management firm with a long history of providing a comprehensive investment experience across various asset classes. With roots dating back to 1935, the firm has grown into a global player with a wide-ranging mandate.

As a multi-faceted investor operating as a hedge fund, private equity firm, and venture capital investor, Invesco engages across all funding stages. Their portfolio includes significant positions in public tech giants like Apple and NVIDIA, highlighting their capacity to back market-defining companies.

This firm is a strong fit for founders of established companies, particularly those in later stages or preparing for a public offering. Their deep capital resources and experience with market leaders make them a valuable partner for businesses aiming for significant scale.

After you secure funding from a major investor like Invesco, our team at Rho can help you manage and deploy that capital efficiently with integrated tools for business banking, corporate cards, and automated bill pay.

• Investment stages: Early Stage Venture, Late Stage Venture, and Private Equity
• Industries of focus: Finance, Financial Services, and companies in the financial exchanges space
• Geographical presence: Atlanta, Georgia
• Founded: 1935
• Notable portfolio companies: Apple, NVIDIA, Amazon, Meta, and Alphabet
• Portfolio size: Over 100 investments

You can refer to their website here.

4. Celesta Capital

Celesta Capital is a venture capital firm that invests in entrepreneurs building disruptive technology companies. They provide capital at both early and late stages, offering support as businesses scale their operations.

The firm shows a strong focus on deep technology and fintech, with a portfolio that highlights a track record of successful IPOs. Notable exits include the commission-free trading platform Robinhood and drone technology company ideaForge, signaling an ability to back companies through to public market listings.

This firm is a good match for founders with a strong technical background, particularly in financial technology or advanced hardware. If you are building a company with significant technological differentiation and an eye toward an eventual IPO, Celesta’s experience could be a great asset.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

• Investment stages: Early Stage Venture, Late Stage Venture
• Industries of focus: Financial Exchanges, Financial Services, Venture Capital
• Geographical presence: San Francisco, California
• Founded: 2013
• Notable portfolio companies: Robinhood, ideaForge, Credo, Aquantia, and Quantenna
• Portfolio size: Over 170 investments

You can refer to their website here.

5. Liquid 2 Ventures

Liquid 2 Ventures is a venture capital firm that concentrates on providing capital to seed and early-stage companies. They focus on getting in on the ground floor with founders to help them build their initial product and find market traction.

The firm is notable for its high volume of investments and has backed several major successes, including the software platform GitLab and the HR unicorn Rippling. This strategy of backing a wide range of promising founders early on has led to significant exits, such as their investment in FanDuel.

Liquid 2 Ventures is an ideal partner for founders at the seed stage who are seeking their first institutional capital. Their track record with companies like Athelas and Solugen suggests they are open to ambitious, technically-driven ideas across different sectors.

After securing your seed round, our team at Rho can help you manage that new capital with integrated tools for business banking, corporate cards, and automated bill pay.

• Investment stages: Seed, Early Stage Venture, and Late Stage Venture
• Industries of focus: Companies in financial exchanges, impact investing, and venture capital
• Geographical presence: San Francisco, California
• Founded: 2016
• Notable portfolio companies: GitLab, Rippling, FanDuel, Athelas, and Solugen
• Portfolio size: Over 1,150 investments

You can refer to their website here.

6. ff Venture Capital

ff Venture Capital is a technology-focused firm that invests across a company’s full lifecycle, from seed and early-stage rounds to late-stage and debt financing.

The firm concentrates on technically complex fields like AI, cybersecurity, and cloud software. Their portfolio includes notable exits such as the digital identity company Socure and the industrial security platform CyberX, which was acquired by Microsoft.

This firm is a good fit for founders building software or deep tech companies, especially in AI and cybersecurity. Their ability to invest from seed to later stages makes them a potential long-term financial partner.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture, and Debt
• Industries of focus: AI, Cybersecurity, Machine Learning, and companies in the financial exchanges space
• Geographical presence: New York
• Founded: 2008
• Notable portfolio companies: Socure, Owlet, Plated, CyberX
• Portfolio size: Over 370 investments

You can refer to their website here.

7. Brand Foundry Ventures

Brand Foundry Ventures is a venture capital firm that invests in companies from their earliest stages through to later rounds, with a strong focus on building consumer-facing brands.

The firm is known for backing design-led, direct-to-consumer companies, with successful exits like the sustainable footwear brand Allbirds. Their investment strategy spans from seed to late-stage venture, showing they can be a long-term partner for growth.

This firm is a great match for founders building consumer brands with a strong identity and market appeal. If you are looking for an investor with experience in taking consumer products to a public offering or acquisition, they are worth considering.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture, and Convertible Note
• Industries of focus: Consumer brands, Service Industry, and companies in the financial exchanges space
• Geographical presence: Austin, Texas
• Founded: 2014
• Notable portfolio companies: Allbirds, Birchbox, The Wing, Eden Health
• Portfolio size: 87 investments

You can refer to their website here.

8. Camber Creek

Camber Creek is a venture capital firm that specializes in real estate technology, providing both capital and advisory services to its portfolio companies. They invest from the earliest stages through to later rounds, supporting businesses as they grow.

The firm has a clear focus on proptech, with a portfolio full of companies that modernize the real estate industry. Notable investments include the smart-lock platform Latch and the unicorn utility-data company Arcadia, showing their ability to back companies to public markets and high valuations.

Camber Creek is an excellent match for founders building technology for the real estate sector, from smart home devices to commercial property software. Their model is particularly suited for entrepreneurs who value an investor with deep industry knowledge and hands-on guidance.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

• Investment stages: Seed, Early Stage Venture, and Late Stage Venture
• Industries of focus: Real Estate Technology, Commercial Real Estate, Smart Home
• Geographical presence: Rockville, Maryland
• Founded: 2009
• Notable portfolio companies: Latch, Arcadia, Clearedge3D, 42Floors
• Portfolio size: 72 investments

You can refer to their website here.

9. Fearless Fund

Fearless Fund is a venture capital firm built to invest in businesses led by women of color. They focus on providing pre-seed and seed-level capital to help founders get their companies off the ground.

The firm has a distinct focus on backing consumer-facing companies, with a portfolio full of breakout brands like The Lip Bar and Slutty Vegan. Their model is centered on identifying and supporting founders at the earliest stages of their journey.

Fearless Fund is an ideal partner for women of color founders who are building scalable, consumer-focused businesses. If you are at the pre-seed or seed stage and need early capital, their mission-driven approach could be a great fit.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

• Investment stages: Pre-seed, Seed, and Early Stage Venture
• Industries of focus: Consumer brands, Finance, and Financial Services
• Geographical presence: Atlanta, Georgia
• Founded: 2018
• Notable portfolio companies: Partake Foods, The Lip Bar, Slutty Vegan, Live Tinted
• Portfolio size: 27 investments

You can refer to their website here.

10. Lemnos VC

Lemnos VC is a venture capital firm that provides seed and early-stage funding to companies building complex technology. They are known for backing founders who are tackling ambitious hardware and software challenges from the very beginning.

The firm shows a clear preference for hardware and deep-tech startups, backing companies like the satellite-data provider Spire Global. Their history includes incubating the drone-software platform Airware, signaling a hands-on, technically-oriented approach to early-stage investing.

Lemnos VC is a strong potential partner for founders with deep technical expertise, especially those building hardware or complex software products. If you are at the seed stage and need an investor who understands the challenges of building a physical product, this firm is worth a look.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

• Investment stages: Seed, Early Stage Venture
• Industries of focus: Hardware, Deep Technology, Financial Services, and companies in the financial exchanges space
• Geographical presence: San Francisco, California
• Founded: 2011
• Notable portfolio companies: Spire Global, Airware, Teforia
• Portfolio size: 52 investments

You can refer to their website here.

11. Transform Capital

Transform Capital is a venture firm that invests in tech companies from seed to late-stage rounds. A unique part of their model is a commitment to social impact, donating half of the General Partners' profits to charitable causes.

The firm primarily backs companies in enterprise software and financial services, with a portfolio that includes successful exits like the roadside-assistance platform Urgently. Their investments in companies like Paystand and Finix show a clear interest in the B2B payments and fintech infrastructure space.

This firm is a compelling choice for founders building enterprise or fintech software who also value a philanthropic mission. Their ability to invest across stages makes them a good partner for companies looking for support throughout their growth journey.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

• Investment stages: Seed, Early Stage Venture, and Late Stage Venture
• Industries of focus: Enterprise Software, Finance, Financial Services, and companies in the financial exchanges space
• Geographical presence: San Mateo, California
• Founded: 2019
• Notable portfolio companies: Urgently, Jackpocket, GoFundMe, Paystand, Finix
• Portfolio size: 27 investments

You can refer to their website here.

12. Deciens Capital

Deciens Capital is a venture firm that supports early-stage founders building the next generation of financial services. They invest from seed to later stages, concentrating on companies that are creating foundational financial technology.

The firm has a clear focus on the infrastructure layer of fintech, backing companies that provide core banking, payments, and banking-as-a-service platforms. Their portfolio includes unicorns like Chipper Cash and Zeta, showing a track record of supporting companies to significant scale.

Deciens is a great fit for founders building the foundational technology for financial services, especially in areas like embedded finance or core banking systems. If you are an early-stage founder with a clear vision for improving the financial stack, their expertise could be valuable.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

• Investment stages: Seed, Early Stage Venture, and Late Stage Venture
• Industries of focus: Financial Services, Venture Capital, and companies in the financial exchanges space
• Geographical presence: San Francisco, California
• Founded: 2017
• Notable portfolio companies: Chipper Cash, Treasury Prime, Zeta, Sydecar
• Portfolio size: 29 investments

You can refer to their website here.

13. SemperVirens Venture Capital

SemperVirens Venture Capital is an early-stage fund that invests in companies across workforce, healthcare, and financial technology. They support founders from the seed stage onward, aiming to build an ecosystem of related companies.

The firm has a clear focus on technology that impacts the future of work, health, and finance. Their portfolio includes several unicorns in this space, such as the mental-health benefits platform Spring Health and the global HR platform Remote.

This firm is a strong match for founders building technology in the workforce, health, and fintech sectors. If your company offers solutions for employers, like benefits or financial tools, SemperVirens’ focused expertise could be a significant advantage.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

• Investment stages: Seed, Early Stage Venture, and Late Stage Venture
• Industries of focus: Workforce Technology, Healthcare Technology, and Financial Technology
• Geographical presence: San Mateo, California
• Founded: 2018
• Notable portfolio companies: Spring Health, Remote, Human Interest, Carrot Fertility
• Portfolio size: 56 investments

You can refer to their website here.

14. Thiel Capital

Thiel Capital is an investment firm that backs companies from the seed and early venture stages. The firm operates out of Los Angeles and invests across several technically-focused industries.

The firm has a distinct focus on deep-tech sectors, including artificial intelligence, drones, and healthcare. Notable investments highlight this strategy, from the drone-maker Quantum-Systems to the biotech company Pilgrim.

This firm is a good match for founders building companies with a strong technological or scientific foundation, particularly in defense, biotech, or AI. Entrepreneurs with ambitious, contrarian ideas may find their approach appealing.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

• Investment stages: Seed, Early Stage Venture
• Industries of focus: Artificial Intelligence, Drones, Healthcare, and companies in the financial exchanges space
• Geographical presence: Los Angeles, California
• Founded: 2011
• Notable portfolio companies: Quantum-Systems, ATAI Life Sciences, Legendary Entertainment, Pilgrim
• Portfolio size: 41 investments

You can refer to their website here.

What This Tells Us About The VC Scene for Financial Exchanges Companies

This review of venture capital firms shows a healthy and well-balanced funding environment for companies in the financial exchanges sector. There is no heavy concentration in one particular stage; instead, you can find investors ready to provide capital from pre-seed and seed rounds all the way to late-stage and pre-IPO financing. Many firms are prepared to be long-term partners, investing across a company's full growth cycle.

While there is a strong presence in major hubs like New York and California, the geographic spread of these firms indicates that opportunities are not confined to just one or two cities. The variety of investor types—from deep-tech specialists to mission-driven funds—suggests that founders with different business models and goals can find a suitable match.

Once your funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

Raise Confidently with Rho

Finding the right investment partner is a critical step, and your time is too valuable to spend on meetings that go nowhere. We hope this list gives you a focused starting point for your outreach.

Once you've secured your funding, the work of building begins, and having the right financial tools is essential. If you’ve just raised, Rho can help you set up your financial stack in minutes.

Our platform is built for startups, offering integrated business banking, corporate cards, and automated bill pay. These tools help you manage and deploy your new capital with clarity and control.

FAQs about Venture Capital Firms Focused on Financial Exchanges

What are the top fintech venture capital firms in New York?

New York is a major hub for fintech VCs. Firms like Endeavor Catalyst, WestCap, and ff Venture Capital are based there and actively invest in financial technology companies, from early-stage startups to more established businesses.

Are there many European venture capital firms investing in fintech?

Yes, Europe has a strong fintech investment scene, particularly in London. Many global firms have a presence there, and local funds actively seek opportunities in financial services technology, offering another avenue for founders seeking capital.

What do early-stage venture capital firms look for?

Early-stage VCs focus on your team, product-market fit, and a large addressable market. For financial exchange startups, they want to see a clear technological advantage and a solid plan for acquiring users and handling compliance.

Once your funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

How do I find seed-stage venture capital firms for my startup?

Look for firms that explicitly state a seed-stage focus, like Fearless Fund or Lemnos VC. Attending industry events, using VC databases, and networking with other founders are effective ways to identify potential seed investors for your company.

What are the differences between US and European venture capital firms?

US firms often have larger fund sizes and may lead bigger rounds, while European VCs can offer deep local market knowledge. Both regions have a strong appetite for fintech, but valuation expectations and deal terms can vary.

How can Rho help after I secure venture capital funding?

Our platform is built for funded startups. We provide integrated business banking, corporate cards, and automated bill pay to help you manage and deploy your new capital with clarity and control. Get started with Rho.