David Blumberg, founder and managing partner of Blumberg Capital, doesn’t underestimate the value of investing in the fintech industry.
About 29% of the early-stage venture capital firm’s portfolio is comprised of fintech companies, Blumberg told FinLedger in an interview. Blumberg Capital has over $650 million in assets under management.
The firm has invested in startups like employee engagement company WorkJam and insurtech Joshu, which raised a $3.7 million seed round led by Blumberg Capital. Other notable fintech companies the VC firm has invested in include Lendio and Fundbox.
Blumberg spoke with FinLedger about the firm’s fintech investment strategy and the opportunities he sees ahead. Read the full interview here.