Abdul Ly
Principal at Initialized Capital
New York, New York
Overview
Work Experience
Partner
2024 - Current
Principal
2022 - 2024
Initialized Capital is an early-stage VC firm focused on helping software engineers and designers with their first seed checks.
Seed Investor
2024
Caliza is building a global financial infrastructure that removes borders from commerce.
Raised $13,800,000.00 from Initialized Capital, Abstract, New Form Capital, Digital Currency Group, Alexandre Liuzzi, Berrywood Capital, Quona Capital, Class 5 Global, Resilience17 and Doug Scherrer.
Seed Investor
2022
PermitFlow is a construction permit application and management platform for developers and general contractors.
Raised $36,500,000.00 from Initialized Capital, Felicis, Bradley Horowitz, Altos Ventures, Y Combinator and Kleiner Perkins.
Principal
2020 - 2022
Index Ventures is a venture capital firm that helps the entrepreneurs turn bold ideas into global businesses.
Seed Investor
2020 - 2022
Vesta is building the next generation loan origination system.
Raised $35,000,000.00 from Index Ventures, Parker89, Bain Capital Ventures, Conversion Capital, Zigg Capital and Andreessen Horowitz.
Product Manager
2019 - 2020
Blend is a digital lending platform that facilitates the entire lending process, from application to underwriting to closing.
Raised $815,000,000.00 from Haveli Investments.
Investor
2016 - 2018
First Round Angel Track is a community of operators and founders looking to develop their skills and identities as early-stage investors.
Partnerships
2013 - 2016
Google is a multinational corporation that specializes in Internet-related services and organizes the world’s information.
Raised $26,100,000.00 from Angel Investors LP, Kleiner Perkins, Signatures Capital, Sequoia Capital, Arnold Schwarzenegger, Shaquille O'Neal, Henry Kissinger, Google and Tiger Woods.