Lucas Timberlake, a Partner at Fintech Ventures Fund, talks about investing in game-changing fintech and insurtech startups. Lucas explains why he looks for founders who are coachable and knowledgeable about the regulatory requirements for their business and shares an unconventional pitch story about one of his recent investments.
In this episode, you’ll learn:
[2:53]) Fintech Ventures Fund’s unique equity-plus-debt approach to supporting early-stage startups
[8:21]) A unique ‘on-the-go’ pitch story where an entrepreneur pitched in the middle of a street
[11:28]) Investors look for a well-thought-out idea, not just a well-baked pitch.
[16:40]) Why it’s important to think through how to manage the regulatory process before meeting a fintech or insurtech investor
Non-profit that Lucas is passionate about: Children's Cancer Association)
Lucas Timberlake is a Partner at Fintech Ventures Fund. Lucas’ experience in venture capital, private equity, and investment banking spans over a decade. He was instrumental in company acquisitions that created the largest parking management company in the U.S. while working with Antarctica Capital.
Fintech Ventures Fund) is an Atlanta-based early-stage (pre-seed/seed) venture capital fund, focused exclusively on fintech and insurtech. Fintech Ventures can also structure customized credit facilities of up to $1,500,000 for its portfolio companies through a closely-held affiliate. Portfolio company founders have secured over $700 million in cumulative equity and debt financing from more than 30 institutional co-investors from the fund’s initial investment. Fintech’s portfolio includes Marble, Startsure, Artis, AVINEW, BattleFace, FUNDTHATFLIP, IOU Financial, Groundfloor, Steady, Vint, MAXREWARDS, PAXAFE, and LQD Business Finance.
Coming up next week in Episode 72, we welcome a special guest, Julieta Moradei, Partner at Hometeam Ventures, to talk about their vision "to cut housing costs by half" through investing in founders bringing breakthrough technology to the construction and housing industry.
Subscribe) to our podcast and stay tuned for our next episode that will drop next Tuesday.