ResiliencevcA new venture capital company Finch of the start-up stadium based in Washington, DC, announces its first $ 56 million fund, the company shared exclusively with Techcrunch.
Founded by Tahira Dosani and Vikas Raj in 2023, the Resiliencevc mission is simple: supporting fintech companies dedicated to helping Americans find financial stability. It is a question of writing checks in companies that can help people take up challenges such as becoming owners, obtain affordable insurance and access the benefits of the government.
“We are fully investing in visionary startup entrepreneurs who take advantage of new technologies and new commercial models to stimulate financial resilience for all Americans,” said Raj. “For many Americans, the financial system simply does not do what it is supposed to do.”
The pair has a history of investment in companies that contribute to stimulating financial inclusion. Previously, they worked together for several years as a director of Co-Dirigence of Acro-Venture Lab before leaving to start Resiliencevc. Examples of their achievements include Dosani which helped launch the first mobile payment platform of Afghanistan while he was in the field in the country and the RAJ which founded a microphy company in Bangalore, India, which aroused his interest in microfinance and led him to invest in packages.
During their more than eight years of investment at Acion, a global fintech investor of the seed stadium in the United States and in development markets, the duo has invested in more than 50 companies, including a number of unicorns. Dosani and Raj have lasted capital for the first resiliencevc fund for about 18 months, the final closure taking place at the end of 2024.
Resiliencevc plans to make 25 investments from the fund, which the pair described as “suspected” with an initial objective of $ 50 million. Portfolio companies include Alice,, Chaiz,, Early bird,, Hearth,, Mirza,, Bone advantages,, PartnerslateAnd Sumaamong others. The initial investment per company is around $ 1 million. To date, 75% – or six in eight – of its portfolio companies are under -represented founders.
“We expect to follow around 50% of our companies, seeking to double our participation in their next round,” said Dosani. “It will depend on the performance of the portfolio, but we will double our winners.”
The limited partners of the company are a combination of institutions, banks, family offices, individuals and foundations and foundations and include the Metlife, the Skoll Foundation and Ally Financial, among others.
In particular, Resiliencevc intentionally has its headquarters at DC Raj in Techcrunch, so that it can take advantage of its location and its relations with regulators and decision -makers.
“We believe it is an important place to be if you are investing in finchies in particular. It is a period of great change, an almost daily change, in the regulatory environment and the political environment, “he added. “I think it is very clear that all financial services must have in -depth links with decision -makers, regulators, political decision -makers, agency leaders. And this is particularly true for startups. We therefore position ourselves here at DC as a conduit of these entities. »»
Dosani also believes that being located outside the Silicon Valley gives the company a point of view to see “the growing number of founders who operate in other cities in the country”.
Overall, with Resiliencevc, the pair hopes to reverse a trend that we have seen in the investment in Fintech: companies focused on high -value customers or large companies.
Too often, low to moderate income or small American businesses are simply considered “too small, too risky and too difficult to get in front of to serve”, leaving “a very large gap for … investors who focus on startups that use new technologies, such as integrated AI and Fintech, told Techcrunch.
“We want to sit in this gap-and invest exclusively in the best fintech startups that explicitly serve the mass market,” he said.
