Common Ocean Ventures

Overview

Common Ocean Ventures is a hybrid venture capital firm based in New York City, specializing in investments that empower individuals to achieve a brighter financial future. The firm focuses on fintech startups, aiming to support founders who share this mission. Their inaugural fund, Fintech Fund 1, has a capital commitment of $20 million, with individual seed investments ranging from $1 million to $4 million. In 2021, Common Ocean Ventures made between 10 to 20 investments, reflecting their active engagement in the fintech sector. The firm's investment strategy centers on building strong relationships with founders, understanding the challenges startups face, and providing support beyond capital. They emphasize a collaborative approach, leveraging their experience as founders and entrepreneurs to assist portfolio companies in navigating the complexities of scaling their businesses. This hands-on involvement is designed to help startups thrive in a competitive market. Common Ocean Ventures is led by a team of experienced professionals, including Managing Partner Igor Ulis and Principal/Partner Alexandra Mihaescu. Their combined expertise in technology entrepreneurship and financial services positions the firm to identify and nurture promising fintech ventures. The firm's commitment to its mission and its proactive investment approach underscore its dedication to fostering innovation in the financial technology landscape.

Investment Focus

• Fintech focus
• Seed stage
• United States-based

Portfolio Companies