Better Tomorrow Ventures

Overview

Better Tomorrow Ventures (BTV) is a San Francisco-based venture capital firm founded in 2019, specializing in pre-seed and seed-stage investments in financial technology companies globally.¹²⁴ The firm manages over $300M in assets under management and is led by former fintech entrepreneurs, including Sheel Mohnot and Jake Gibson, who provide operational support to portfolio companies.¹³ BTV positions itself as subject-matter experts in fintech, with team members having made over 100 investments and co-investing alongside Tier 1 VCs.⁴

History

Better Tomorrow Ventures was founded in 2019 by Sheel Mohnot, who previously built and sold two fintech companies, and Jake Gibson, co-founder of NerdWallet.¹² The team had been investing together for several years prior, including in companies like Albert, Lattice, Mercury, Ironclad, Flexport, and Ramp, before launching BTV as their first institutional fund.⁴ BTV leads pre-seed and seed rounds in fintech startups worldwide, with a broad view encompassing vertical SaaS and marketplace businesses.³⁴

Notable Products

• Pre-seed Fintech Investments - Leads funding rounds of $500K - $1M in early-stage fintech companies globally.
• Seed Fintech Investments - Leads funding rounds of $1M - $3M targeting financial services, business services, and related sectors.
• Portfolio Support - Hands-on operational guidance from ex-fintech founders for companies from inception to IPO.

Reputation

BTV is recognized among fintech founders for its operator-led approach and deep sector expertise, with a track record of over 100 investments and co-investments with top VCs.¹⁴ Professionals note its active global presence in early-stage deals across regions like USA, Europe, and Asia-Pacific.³ The firm receives positive mentions for believing in fintech's potential to improve lives, though specific criticisms are not detailed in available sources.³