# Fiat Ventures

> Fiat Ventures is a San Francisco early-stage venture firm that backs fintech founders building for the roughly 90% of Americans underserved by traditional finance. It grew out of Fiat Growth, a fintech marketing consultancy, so the partners often work as a portfolio company's growth team first and its investor second - pairing $100K-$500K checks with a network of 250-plus operators and industry experts.

- **Founded:** 2021
- **Headquarters:** San Francisco, California, United States
- **Founders:** Marcos Fernandez (Co-Founder & Managing Partner), Drew Glover (Co-Founder & General Partner), Alex Harris (Co-Founder & General Partner)
- **Team size:** ~14 employees
- **Products:** Fiat Ventures (Fund), Fiat Growth, Fiat Finance, Operator Network
- **Notable:** Closed an oversubscribed $25M debut fund in November 2022., Secured Invesco Private Capital as anchor limited partner., Roughly 67% of backed founders are from underrepresented groups.

## Products & services

- **Fiat Ventures (Fund)** — Early-stage venture fund investing pre-seed through seed+ in fintech, embedded finance, insurtech, crypto payments and adjacent categories. Check sizes of roughly $100K-$500K for 2-2.5% ownership.
- **Fiat Growth** — Fintech growth and marketing consultancy - effectively a turnkey, fractional CMO team - that predates the fund and serves as the firm's founding arm and pipeline.
- **Fiat Finance** — Fractional finance, accounting and tax service line for small and mid-sized businesses, launched to round out the firm's operating support.
- **Operator Network** — A network of 250-plus growth operators and industry experts (1,000-plus members overall) that portfolio companies can tap for hands-on support.

## Achievements

- Closed an oversubscribed $25M debut fund in November 2022.
- Secured Invesco Private Capital as anchor limited partner.
- Roughly 67% of backed founders are from underrepresented groups.
- Invested in 35-plus fintech companies including Copper, Breeze and StellarFi.
- Portfolio exits including EarlyBird (acquired by Acorns) and Sleek.

## Latest updates

- **2026-04** — Co-led Odynn's $9.5M seed round with Bonfire Ventures (announced early 2026), and continued deploying via its Seed VC series including a stake in DAO Card.
- **2025-05** — Portfolio company EarlyBird was acquired, marking a notable exit.
- **2024-01** — Launched Fiat Finance, a fractional finance, accounting and tax service line for small and mid-sized businesses.
- **2022-11** — Announced the close of an oversubscribed $25M debut fund anchored by Invesco.

## Links

- Website: https://fiat.vc
- LinkedIn: https://www.linkedin.com/company/fiat-ventures1
- Twitter/X: https://twitter.com/FiatVen

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Profile page: https://yespress.io/fiat-ventures
Published by YesPress — https://yespress.io
Last updated: 2026-08-16