Coyne Lloyd
Building at Layer Financial
United States
Overview
Work Experience
Building
2025 - Current
#3
Building
2023
Second incubation post-Fractal. Embedded marketing for vertical software. Raised the preseed solo, then recruited the CEO (PJ), and helped recruit the CTO, find first customers, and raise the next round (Matt Brown at Matrix)
Building
2023
My first incubation post-Fractal. Embedded accounting and bookkeeping for vertical platforms. Connected the founders, found the first customers, helped build out the team and raise the first two rounds (BTV, then Emergence)
Embedded Accounting for SMB platforms. Layer helps software companies launch accounting to their SMB customers.
Raised $2,700,000.00 from Better Tomorrow Ventures.
Investor
2016
~$20m invested Clay, Clubhouse, The Bot Company, Snapdocs, Thatch, Loyal, Moxie, Recurrency, Vesta, Chroma, Lu.ma, Passage Health, Apollo Agriculture, Airship, Rotabull, Dover, Emi, Scratchpad, Toko, Revoy, Royal, Flock Homes, Hardfin, Elsewhere Communities, Pylon, Jhourney, Onboarded, Rhime, Additive.ai, Shopgenie, Respaid, Bronco AI, Schoolhouse, Meadow, Detail, Tuesday Labs, Caspian, Hyperscout, Kerna Labs, Purplefish, Ranger, Enduring Labs, Backyard Care Company, Stealth consumer voice co, Mastra.ai, Solea, Vantel And with Alumni Seed Fund in great companies like: Flutterwave, Snackpass, Shelf Engine, Mystery Science, Flex, and Pelago (Quit Genius),
Partner
2021 - 2022
Recruited to lead the "Launch" function. We launched 145 companies built from scratch, deploying $650m. At peak, we were a 110-person team, launching 11 startups a month. I got a taste for incubation here, and a lot of reps. When Fractal started to wind down operations, I took what I'd learned and started launching businesses on my own.
Fractal develops and finances the next generation of vertical SaaS start-ups.
Business Team Lead
2018 - 2020
Some of the smartest people I know were building a fast-growing and shockingly profitable business. Life’s too short not to join something like that. The truth is, Zinc lost PMF shortly after I joined. It was super painful, the founders left, and one after another, so did everyone else
Founding team, sales
2014 - 2018
Sales, customer development, marketing, partnerships, hiring + led one (failed) acquisition. Led all of sales, then led strategic accounts. -Closed $5m of the company's first $6m in ARR -Won the company's first 7-figure ARR client 2018-present: Advisor In March 2020, I got excited about the position of the business, and put together a series of vehicles investing ~$16m into the business, a $49m position at the last share price. Today Snapdocs processes ~1/6 of American mortgages.
Snapdocs is the mortgage industry’s leading digital closing technology provider, automating the interactions between lenders & settlement.
Raised $253,000,054.00 from Lachy Groom, F-Prime Capital, Zigg Capital, Alkeon Capital, Tiger Global Management, Quiet Capital, Sequoia Capital, Wellington Management, Y Combinator and Maverick Ventures.
Academic Manager
2011 - 2014
Lived and worked in Paris for 2 years after college Got to work with some really smart and ambitious people who are still great friends I took the GMAT to get this job and never used it for anything else
Co-founder
2010 - 2011
Made my own job during college: • Cleared burdock-infested fields. Managed 8 employees. • Oversaw removal & recycling of waste metal. Negotiated with landowners. Built a company to extract and sell 10,000 pounds of scrap metal a week.
English Teacher
2009 - 2009
Post Obama Campaign, spent the second half of a year off from college teaching english at a bilingual school in Dakar