Thursday, January 26, 2017

Core Innovation Capital Announces $100M In Second Venture Capital Fund

Los Angeles-based fintech investor Core Innovation Capital announced this morning that it has closed its second fund, which is at $100M so far. As part of the funding, the company said it has just made an investment in Fundera, a New York company which provides a service to help small business owners shop and compare personalized credit recommendations. Size of that investment was not disclosed. Core Innovation Capital says it has also invested in a couple of yet-unannounced companies, which are in stealth mode. The venture capital investor says it currently is hiring a full time intern for the Summer, to work at the company either in San Francisco or Los Angeles. Core Innovation Capital focuses on financial technology investments, saying it is looking to help "create a future where people earn, save, borrow, pay, and plan radically better than they do today."

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