Better Tomorrow Ventures
UnclaimedAt a Glance
- Check Size
- $500K – $2M
- Stage
- Pre-Seed, Seed
- Sectors
- Fintech, Enterprise
- Founded
- 2019
- HQ
- San Francisco, CA
About Better Tomorrow Ventures
Better Tomorrow Ventures is a venture capital firm based in San Francisco, CA founded in 2019. Financial Technology will create a better tomorrow. And we are building and investing to create that future. The firm focuses on Pre-Seed, Seed investments across sectors including Fintech, Enterprise. The firm manages $50M in assets under management. Notable portfolio companies include Clearco, Jeeves, Stash and Tomo. Early-stage fintech investors composed entirely of ex-fintech founders and operators, focusing on seed-stage fintech companies.
Investment Thesis
“Early-stage fintech investors composed entirely of ex-fintech founders and operators, focusing on seed-stage fintech companies.”
Sector Focus
Investment Stage
Notable Portfolio Companies
Fund History
Better Tomorrow Ventures has raised three funds since 2019, growing roughly twofold each time. Fund I made its first sale in November 2019 and closed at $73.5 million, fully sold, according to the November 2020 amendment signed by Jacob Gibson and Sheel Mohnot. BTV II started selling in December 2021 and had taken in $145.6 million by its September 2023 amendment, again on an indefinite offering with both partners named. BTV III filed in September 2024 with Gibson and Mohnot as the named general partners.
Alongside the main funds the firm runs an opportunity vehicle, BTV OPP I, filed in 2021, and a series of single-company SPVs including BTV Destiny, BTV Ivy, BTV FP I and II and several platform-hosted vehicles, which let it concentrate capital in later rounds of existing positions. The mandate has not moved: pre-seed and seed fintech, leading rounds with checks of $500,000 to $4 million, with current portfolio companies including Unit, Coast, Basis, Relay, Mendel, Outpost, Monk and Lunar now spread across Series A to Series C.
Team (1)
Frequently Asked Questions
What stage does Better Tomorrow Ventures invest at?
Better Tomorrow Ventures primarily invests at the Pre-Seed, Seed stages. This means they focus on companies that are at the earliest idea or prototype phase.
Where is Better Tomorrow Ventures located?
Better Tomorrow Ventures is headquartered in San Francisco, CA. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does Better Tomorrow Ventures focus on?
Better Tomorrow Ventures focuses on investments in Fintech, Enterprise. Their portfolio reflects deep expertise and networks within these sectors.
What is Better Tomorrow Ventures's typical check size?
Better Tomorrow Ventures's typical investment check size ranges from $500K to $2M. Actual amounts may vary based on the stage, sector, and specific opportunity.
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