Think of Dash as smart, high-signal FinTech money backed by smarter, higher-signal FinTech money. We raised a $3.3m proof of concept fund in 2020 and a $21m second fund in 2021.
We (Ryan & Tom) write collaborative $250k+ checks at the Pre-Seed and Seed stages. As a specialist fund, we play a very specific role on our founders’ cap tables, which is to (a) de-risk the business with our FinTech focus and (b) offer a low cost (of capital) product. Specifically:
🏦 Think time at companies like Clearco, Citi Ventures, Second Measure, and Pipe. More importantly, think an LP base of our favorite FinTech funds, investors, and operators. Our motion is to single-handedly de-risk the current and next funding rounds with our domain expertise, relevant network, and downstream signal. More on our LPs and portfolio companies below.
🏁 We’ve removed constraints like hard ownership targets and having to lead (vs. follow) rounds. We want to make it dead easy for founders to slot Dash into rounds by doing away with unnecessary and arbitrary friction.
Some of our LPs (i.e. the smarter, higher-signal FinTech money):
We've worked with each other since July 2018, when Tom was at Citi Ventures and invested in Second Measure's Series A.
Ryan Sells Co-Founder & General Partner | San Francisco, CA
Ryan is Head of BizDev at Second Measure (YC S15, acquired by Bloomberg), a FinTech startup that analyzes card transaction data in real-time and at massive scale.