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MH
Matt Harris
Venture Partner at Draper Associates
New York, New York
Overview
Matt Harris is a seasoned executive coach and founder with a successful track record in helping seed stage founders secure follow-on funding from top venture capital firms like a16z, First Round, and YC 82% of the time. His current role includes advising and investing in various startups and serving as Founder and Executive Chairman of Bloom Credit, showcasing his expertise in fundraising and strategic partnerships within the startup ecosystem.
Work Experience
Founder / Exec Coach
2022 - Current
I've executive coached over 20 VC backed companies. Backed by funds like a16z, Index, First Round, General Catalyst, QED, Flourish, Y Combinator, Bling Capital, Deciens, The Fintech Fund and others. I typically help in a few areas... - OKR setting and management - Fundraising - Helping founders communicate and to set “minimum viable processes” - Helping founders combat burnout Results: - The founders I've worked with have raised over 100mm after working together since I began coaching in 2022 - 75% of founders have raised at least 1 follow on capital round - An average of 7mm per round
Cofounder / Board Member
2022
Co founder and board member of a new company speeding up the time to payout of approved insurance claims Claimsetter is a seed stage company backed by Tenacity VC and MS&AD Ventures
Investor
2021
Arbor Ventures, Nyca Ventures, Homebrew and Felicis Ventures backed company bringing consumer friendly modern technology to debt collection. https://www.forbes.com/sites/omribarzilay/2017/11/14/trueaccord-nabs-22m-series-b-to-bring-machine-learning-to-debt-collections/?sh=3a0824317f09
TrueAccord uses behavioral analytics, machine learning and an omni-channel digital approach to collections.
Raised $153,047,382.00 from Vintage Investment Partners, Bossa Invest, Experian Ventures and Flat Capital.
Investor
2022
Khosla Impact, Susa Ventures and Costanoa backed company reinventing KYC in across Africa using facial biometric and other data sources. https://techcrunch.com/2021/07/08/smile-identity-raises-7m-to-build-kyc-and-identity-verification-tools-for-africa/
Africa's leading identity verification solution, remotely verify IDs in seconds while staying compliant and preventing fraud at scale.
Raised $31,100,000.00 from Future Africa, ValueStream Ventures, Courtside Ventures, 500 Fintech, Commerce Ventures, Costanoa Ventures, Norrsken22, Latitude, Two Culture Capital and Intercept Ventures.
Investor
2021
Union Square Ventures, GGV and SignalFire backed company providing financial services for the creator economy https://techcrunch.com/2021/07/01/a-bank-for-the-creator-economy-karat-raises-26m-in-series-a-funding/
Karat Financial offers business credit cards for digital creators and influencers.
Raised $100,600,000.00 from Steve Zhao, CRV, Biz Stone, Union Square Ventures, Josh Richards, Nick DiGiovanni, Dreamers VC, MANA Talent Group and Wendover Productions.
Investor
2022
Acrew Capital, Commerce Ventures, Slow Ventures backed neobank aiming to develop products and services that reward savers
Advisor
2023
Point72 and Bessemer backed company finding a better way to reach consumers through investing and other financial services.
Neon Money Club is a modern consumer fintech tying together culture, brands, investing, and financial wellness.
Advisor
2021
Seed stage company providing credit unions with an experience to retain more customers and issue more loans. Backed by Forum Ventures and Commerce Ventures
Fintech SaaS solution that allows lenders to offer rejected borrowers a "Path to Approval"
Raised $5,150,000.00 from Omri Dahan, Commerce Ventures, Curql, Authentic Ventures, J. Hunt Holdings and Mark Goines.
Founder
2016 - 2024
Founded Bloom Credit, a company building an API to better access and report consumer credit data with all three credit bureaus. Bloom Credit has raised 20 million dollars and is backed by Resolute Ventures, Slow Ventures, Kindred Ventures, C2 Ventures and angels/advisors such as Sheel Mohnot, Jake Gibson, Eli Broverman, Shivani Siroya, Ron Suber, Matt Burton, Shamir Karkal, Ohad Samet, Maia Bittner, Stuart Sopp, Aaron Frank, Bill Clerico and Jason Gardner among others. https://www.pymnts.com/news/investment-tracker/2020/bloom-credit-closes-13m-series-a-funding-round/ www.bloomcredit.io
Board Member
2016 - 2023
Chief Executive Officer / Exec Chairman
2016 - 2022
Bloom Credit helps companies launch valuable lending products, report consumers' payments, and create innovative credit experiences.
Raised $19,679,000.00 from Bossa Invest, Slow Ventures, Commerce Ventures, Allegis Capital, 500 Global, Socially Financed, Resolute Ventures, Jason Gardner, Ron Suber and Jacob Gibson.
Advisor / Investor
2022 - 2024
Work with the team at Commerce Ventures on helping them make fintech investments. Sometimes that's helping with core fund investments. Sometimes I write scout checks Also an LP in the fund Commerce investments include Lithic, Socure, MX, Bill.com, Marqeta, Kin, Moov etc
Commerce Ventures is a venture capital firm focusing on investments in the e-commerce, retail, FinTech, and Insurance sectors
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