In early 2022, after working together for nearly a decade, Lindsay Fitzgerald, Dana Eli-Lorch, and Julia Huange, all former managing directors of Amex Ventures, branched out to form their own fintech-focused venture firm, Vesey Ventures. Their new company is a fintech venture fund specializing in transformative early-stage companies in fintech, commerce, and enabling infrastructure.
The founders all agreed on one thing when starting the new firm: startups with better business development strategies had better outcomes. The trio’s goal was to take their 10 years of experience investing through the venture capital arm of one of the world’s largest credit card companies and apply it directly to new early-stage investments — but with a twist. The firm’s intention is to go beyond term sheets to issuing custom-made “Strategy Sheets,” showcasing how Vesey Ventures aims to leverage its network “to act as a company’s first business development team.” Basically, it wants to invest in early-stage fintech and enabling technology companies “where opportunities for early partnerships with financial incumbents exist.”
Vesey Ventures recently announced it has closed its debut fund totaling $78 million. The firm is well on its way to long term success with Fitzgerald, Eli-Lorch, and Huang having already established more than 100 partnerships between start-ups and financial services institutions. The founders previously made early investments in some of the world’s most successful fintech companies including Toast, Melio, Signifyd, iZettle, FalconX, Menlo Security, BioCatch, and Codat.
Prior to her time with AmEx, Lindsay Fitzgerald was a growth equity investor at HealthCor Partners, a healthcare-focused fund in New York, and started her career in investment banking at Morgan Stanley. She holds degrees from Amherst College and the Kellogg School of Management. Dana Eli-Lorch was an Associate at TASC Consulting & Capital, Israel's largest management consulting firm. She also spent seven years as an officer in Israel's Elite Technological Intelligence Unit. Julia Huang previously worked in Corporate Development at Lloyds Banking Group in London, M&A Advisory at Goldman Sachs in Sydney, and began her career as a Management Consultant at A.T. Kearney in Sydney.