Elefund

Investor - Venture Capital

Overview

Elefund invests in early stage fintech, marketplace, and technology companies in the United States.

Country: United States

Founded: 2013

Headquarters: Palo Alto, CA

Investment Strategy

Geography

  • North America

Sector Focus

  • WealthTech
  • RegTech
  • Payments and Remittances

Investment Stage

  • Seed
  • Early Stage Venture
  • Series A

Summary

Elefund invests in early stage technology companies in the United States.  They look for teams with a collective drive and experience who understand the reasons behind their ideas.  Elefund has a long-term commitment to their portfolio companies to help them become successful.  Their distinct areas of interest are fintech, consumer hardware, marketplaces, and breakthrough technology.

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Investments

Date

Name

Size

Round

Co-Investors

Sector

Country

May 2014

Coin

$15.5m

Series A

  Redpoint

Payments and Remittances

United States

December 2013

Robinhood

$3m

Seed

  Index Ventures

WealthTech

United States

August 2013

eShares

$1.8m

Seed

  Andy Palmer

RegTech

United States

Key Employees

David Mavashev
General Partner

Serik Kaldykulov
Managing Partner

Arik Crissi
Director of Operations