Investments
29Portfolio Exits
1Funds
2Latest Canapi Ventures News
Jul 12, 2022
Asset Class Secures $11.6m in Series A funding led by Canapi Ventures Submitted 12/07/2022 - 9:20am Asset Class, a financial technology (fintech) company headquartered in Dublin with offices in New York and London, has completed a $11.6 million Series A funding round, led by fintech-focused venture capital firm Canapi Ventures. New and existing investors, including Live Oak Ventures, Plexus Capital and Total Technology Ventures also participated in the round. Formed in 2020, Asset Class provides a range of custom investment management software solutions to clients across financial sectors, with a focus on private equity, venture capital, financial advisory and commercial lending. The growth capital will allow Asset Class to focus on expanding its employee headcount, specifically in the areas of software and business development. Asset Class intends to capitalise on the positive tailwinds impacting the industry, which include growth in the number of private capital funds and accredited investors seeking access, a digital-first landscape, and trillions of dollars of cash ready to be deployed into the alternative fund strategies that Asset Class serves. Live Oak Ventures, the investment arm of Live Oak Bancshares, participated in the round to support solutions for its venture capital and private equity customer base. Like this article? Sign up to our free newsletter Author Profile Related Topics Deals Intelligence
Canapi Ventures Investments
29 Investments
Canapi Ventures has made 29 investments. Their latest investment was in Asset Class as part of their Series A on July 7, 2022.
Canapi Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
7/11/2022 | Series A | Asset Class | $11.6M | Yes | 5 | |
6/17/2022 | Series A | Able | $20M | Yes | 1 | |
6/9/2022 | Series B | Middesk | $57M | Yes | 3 | |
6/8/2022 | Series C | |||||
6/7/2022 | Series C |
Date | 7/11/2022 | 6/17/2022 | 6/9/2022 | 6/8/2022 | 6/7/2022 |
---|---|---|---|---|---|
Round | Series A | Series A | Series B | Series C | Series C |
Company | Asset Class | Able | Middesk | ||
Amount | $11.6M | $20M | $57M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 5 | 1 | 3 |
Canapi Ventures Portfolio Exits
1 Portfolio Exit
Canapi Ventures has 1 portfolio exit. Their latest portfolio exit was Blend on July 15, 2021.
Canapi Ventures Fund History
2 Fund Histories
Canapi Ventures has 2 funds, including Canapi Ventures SBIC Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
3/30/2022 | Canapi Ventures SBIC Fund | $545M | 4 | ||
12/23/2019 | Canapi Ventures Fund |
Closing Date | 3/30/2022 | 12/23/2019 |
---|---|---|
Fund | Canapi Ventures SBIC Fund | Canapi Ventures Fund |
Fund Type | ||
Status | ||
Amount | $545M | |
Sources | 4 |
Canapi Ventures Team
6 Team Members
Canapi Ventures has 6 team members, including current Founder, General Partner, Walker Forehand.
Name | Work History | Title | Status |
---|---|---|---|
Walker Forehand | Founder, General Partner | Current | |
Neil Underwood | Founder, General Partner | Current | |
Peter Underwood | nCino, Ice.com, Lord Abbett, and Wall Street Access | Chief Technology Officer | Current |
Gene Ludwig | Managing Partner | Current | |
Mark Lindsey | Chief Financial Officer, Chief Compliance Officer | Former |
Name | Walker Forehand | Neil Underwood | Peter Underwood | Gene Ludwig | Mark Lindsey |
---|---|---|---|---|---|
Work History | nCino, Ice.com, Lord Abbett, and Wall Street Access | ||||
Title | Founder, General Partner | Founder, General Partner | Chief Technology Officer | Managing Partner | Chief Financial Officer, Chief Compliance Officer |
Status | Current | Current | Current | Current | Former |
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