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ResilienceVC , a young cum - stage fintech venture capital firm based out of Washington , D.C. , is annunciate its $ 56 million debut investment company , the firm shared entirely with TechCrunch .
Founded by Tahira Dosani and Vikas Raj in 2023 , ResilienceVC ’s mission is a aboveboard one : to back fintech company commit to helping Americans discover financial stability . It ’s writing checks into company that can help people handle challenges such as becoming homeowners , scram affordable insurance and access authorities benefits .
“ We invest entirely in visionary startup entrepreneurs that are leveraging unexampled technologies and unexampled business models at last to drive fiscal resiliency for all Americans , ” Raj articulate . “ For many Americans , the financial system is just not doing what it ’s supposed to do . ”
The pair have a chronicle of place in companies that help encourage financial cellular inclusion . They antecedently worked together for several class as former co - managing directors at Accion Venture research laboratory before leaving to start ResilienceVC . deterrent example of their achievements admit Dosani helping launch Afghanistan ’s first mobile defrayment platform while on the dry land in the country and Raj was an early employee at a microlending company in Bangalore , India , which sparked his interest in microfinance and led him to invest in fintech .
In their more than eight years investing at Accion , a global seed - stage fintech investor in the U.S. and in developing markets , the twosome induct in over 50 society , including a number of unicorns . Dosani and Raj have been raising capital for ResilienceVC ’s first fund for about 18 months , with the final last taking place in former 2024 .
“ We anticipate to follow on in roughly 50 % of our fellowship , look to double our stake in their next round , ” Dosani said . “ That will look on portfolio carrying out but we ’ll be doubling down on our succeeder . ”
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The house ’s special partners are a combination of institutions , banks , class role , high - net - worth individuals and foundation and admit MetLife , Skoll Foundation , and Ally Financial , among others .
Notably , ResilienceVC is intentionally headquarter out of D.C. Raj told TechCrunch , so that it can leverage its location and human relationship with regulator and policymakers .
“ We think it ’s an of import place to be if you ’re investing in fintech in particular . This is a time of corking change , nearly daily change , in the regulative environment and the policy surroundings , ” he supply . “ I think it ’s very clear that everyone in fiscal services needs to have deep connections to decisionmakers , regulators , policy makers , way heads . And that ’s especially true of startups . So we position ourselves here in D.C. as a conduit to those entity . ”
Dosani also trust that being locate outside Silicon Valley give the house a vantage item to see “ the growing number of founders who are lock in other cities around the country . ”
Overall , with ResilienceVC , the pair are hoping to shoot down a trend that we ’ve seen in fintech investing : businesses focused on gamy - net profit - worth customers or large enterprise .
Too often , low to moderate income or American small businesses are just considered “ too small , too risky , and too hard to get in front of to do , ” leaving “ a really handsome gap for … investor that are focused on the startup that are using newfangled engineering science , such as AI and embedded fintech , “ to ramp up big profitable businesses while building for everybody , ” Raj told TechCrunch .
“ We want to sit in that gap — and invest entirely in the secure fintech startups that are explicitly serving the mass market , ” he said .
