VC  Core Innovation Capital

http://www.corevc.com





     Office Locations:

1680 Vine Street, Suite 606
Los Angeles, CA 90028
Phone: 212-780-0193

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Stages:

  • Early


 

Industries:

  • Financial Services
  • Information Technology

  •  

    Description:

    Core Innovation Capital only invests in financial technology companies that provide consumer finance products targeting the un- and underbanked consumer markets. This includes payments solutions, credit solutions, and savings and investment instruments for the underbanked. The firm is interested in both customer-facing products and services, as well as business-to-business solutions within its underbanked focus. Core seeks early growth stage investment opportunities, targeting companies with a strong management team in place, a completed product with some market validation and one or two initial reference accounts. Core is focused on companies that serve people based in the United States. The firm will make its initial investments up to $10 million and seeks to reserve adequate capital to remain an active partner through a company's growth. As a 'double-bottom line' fund, Core seeks excellent financial returns as well as the ability to create a positive social impact on the lives of the underbanked. Core screens all of its investments for their ability to deliver both short- and long-term value for low-income consumers.


     

    Funds:


      Fund Name


      Amount


      Date

    Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription or Silicon Valley Database subscription.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or Silicon Valley Database subscription.
    Arjan Schutte Managing Partner and Founder
    Kathleen Utecht Partner Emeritus
    Susan Ehrlich Venture Partner

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      10/23/2023


      Prism Data


      NY


      $5,000,000


      Seed


      05/10/2023


      Petal


      NY


      $35,000,000


      


     

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