FinTech Angels is a domain-specific syndicate created to invest in FinTech. While we believe that there are significant opportunities to improve back and middle office operations of financial institutions, what really gets us excited is the opportunity to reduce the friction between the owners of capital and the consumers of capital. FinTech is no longer about twenty five investment banks and a hundred commercial banks. We're talking about hundreds of sovereign wealth funds, thousands of pension funds, tens of thousands of asset managers, financial advisors and brokers, hundreds of thousands of corporations and SMEs and millions of consumers. We're talking about the democratization of capital on a massive scale.
Sean Bill has extensive experience in both the public and private sectors. Sean served as a Trustee for the City of San Jose’s pension board and as an Advisor to the San Francisco Employees Retirement System. He is currently the Investment Program Manager at the VTA, where he is responsible for the management and oversight of a multi-billion dollar portfolio. Prior to entering public service, Sean was a Principal at a Global Macro hedge fund based in Newport Beach California. Sean is a sought after keynote speaker and a frequent guest on Bloomberg Television, CNBC and Fox Business News, he brings a unique perspective on the interactions between pension plans, sovereign wealth funds and alternative investments. Sean is a graduate of Indiana University and the Stanford Graduate School of Business.
Luke Powell has extensive experience in Capital Formation, Structured Product and Distribution transactions. Luke worked at Prosper Marketplace the first Peer to Peer lending platform. At Prosper he lead the charge to bring institutional investors onto the platform and to create a repeatable on-boarding process. Luke also worked closely with the technology team to develop the loan listing platform in addition to implementing new origination partners. He also has extensive experience structuring content distribution and monetization partnerships having done so at TheStreet.com and Ask.com. Luke was also an early pioneer in the placement agency business for alternative investments having been an early investor in Elan Alternative Group, a leading asset management marketing and distribution firm. Luke is a graduate of the University of Southern California.
Ryan Ortega has extensive experience in both the technology and investment sectors. He began his career as a Systems Administrator at Infonet Services Corporation working with multi-national corporations. Later he joined Wilshire Associates, an independent investment management firm that offers consulting services, analytical products and manages fund of funds investment vehicles for a global client base. Ryan is a co-founder and Board member of the California FinTech Network, a trade-organization dedicated to promoting new technology and innovation in the finance sector. Ryan is a graduate of California State University, Long Beach and earned the CFA Claritas certificate.
ALL ITB Venture Capital seed and series A deals where we receive an allocation of $100,000 or more will be syndicated pending approval of the company's founders.
It is our intention to bring forward 20 - 30 truly exceptional FinTech companies over the next 3 - 5 years for syndication. Ideally, backers should size their investments accordingly, to create a portfolio and to leave capacity for follow on investments.
Backers may opt out of any deal. However, if you agree to fund a company and back out after the close you will not be invited to invest in any subsequent deals.
Finally, be comfortable with risk that you are embracing when you invest in our syndicated deals and only invest what you can afford to lose.