Skip to content

Ardsley, New York

Seed cheques forboring fintech.

We lead seed rounds in reconciliation, settlement, compliance and the other unglamorous plumbing that moves money, and we hold for ten years because regulated sales cycles are slow.

The terms

Cheque
$2M–$10M
Position
Lead, board seat
Held
Ten years

The record

Founded
2015
Companies
38
Regulated customers
31
Under management
$580M

What we do

Ardsley, New York  ·  est. 2015

The interesting part of finance is a thin layer over software nobody wants to talk about.

Ledgers that do not balance, settlements that fail overnight, compliance reports assembled by hand at month end. It is dull work and it is worth an enormous amount, because the alternative is a bank paying forty people to do it manually.

Every partner here has shipped inside a regulated institution. We know why the procurement takes fourteen months, and we size the first cheque so a company survives it.

“The procurement takes fourteen months. We fund for eighteen.”
  • A regulated buyer

    A bank, an insurer, a broker. Someone whose auditor asks hard questions.

  • A founder who has shipped inside one

    Someone who has survived a vendor review from the other side of the table.

  • Eighteen months of runway

    Enough to close two enterprise deals at the speed those deals actually move.

Fourteen months to a signature

Why the first cheque funds eighteen

  1. Month 1

    Sponsor found

    One person inside who wants the problem solved.

  2. Month 3

    Security review

    A questionnaire with four hundred rows. There is no shortcut.

  3. Month 6

    Pilot, ring-fenced

    Real data, one team, nothing in production.

  4. Month 9

    Vendor risk and legal

    Where most startups quietly die. We help here.

  5. Month 12

    Budget cycle

    Approved money exists only in a window. Miss it, wait a year.

  6. Month 14

    Signed

    And then it renews for a decade.

People

Twenty-five people, grouped by what they are responsible for.

Leadership 5

  • Aaron Fenwick

    Managing Partner

  • Aaron Jennings

    Managing Partner

  • David Livingston

    General Partner

  • Dennis Quincy

    General Partner

  • Grace Ingram

    General Partner

Investment 10

  • Gregory Drummond

    Partner

  • Jessica Prescott

    Partner

  • Jonathan Ives

    Partner

  • Kenneth Beaumont

    Principal

  • Laura Lancaster

    Principal

  • Lisa Grantham

    Principal

  • Patrick Ives

    Investor

  • Walter Carrington

    Investor

  • Beatrice Larkin

    Investor

  • Roger Underhill

    Investor

Platform and operations 10

  • Eleanor Fairbanks

    Head of Platform

  • Malcolm Quimby

    Head of Talent

  • Adele Bramwell

    Head of Research

  • Theodore Kingsbury

    Chief Financial Officer

  • Sylvia Thorndike

    General Counsel

  • Desmond Ellsworth

    Director of Data

  • Margaret Pemberton

    Director of Communications

  • Roland Ashcroft

    Investor Relations

  • Vivian Hollister

    Head of Operations

  • Arthur Standish

    Portfolio Controller

Open role

We are hiring an investor, in New York.

Four years in payments, banking infrastructure or regulatory technology. Banking background welcome, not required.

Write to us