MH

Matt Harris

Venture Partner at Draper Associates

New York, New York

Overview 

Matt Harris is a seasoned executive coach and founder with a successful track record in helping seed stage founders secure follow-on funding from top venture capital firms like a16z, First Round, and YC 82% of the time. His current role includes advising and investing in various startups and serving as Founder and Executive Chairman of Bloom Credit, showcasing his expertise in fundraising and strategic partnerships within the startup ecosystem.

Work Experience 

  • Founder / Exec Coach

    2022 - Current

    Building products that work to make the founder journey easier at https://www.twentysevennine.co I work as an exec coach for 10+ VC backed companies. Backed by funds like a16z, Index, First Round, General Catalyst, QED, Flourish, Y Combinator, Bling Capital, Deciens, The Fintech Fund and others. I typically help in a few areas... - OKR setting and management - Fundraising - Helping founders communicate and to set “minimum viable processes” - Helping founders combat burnout Results: -80%+ of founders who work with me raise follow on funding. - an average of 7mm per round.

  • Advisor / Investor

    2022

    Work with the team at Commerce Ventures on helping them make fintech investments. Sometimes that's helping with core fund investments. Sometimes I write scout checks Also an LP in the fund Commerce investments include Lithic, Socure, MX, Bill.com, Marqeta, Kin, Moov etc

Commerce Ventures is a venture capital firm focusing on investments in the e-commerce, retail, FinTech, and Insurance sectors

  • Cofounder / Board Member

    2022

    Co founder and board member of a new company speeding up the time to payout of approved insurance claims Claimsetter is a seed stage company backed by Tenacity VC and MS&AD Ventures

  • Founder

    2016

    Founded Bloom Credit, a company building an API to better access and report consumer credit data with all three credit bureaus. Bloom Credit works with ~70 fintech companies and has raised 20 million dollars and is backed by Resolute Ventures, Slow Ventures, Commerce Ventures, Allegis Capital, Kindred Ventures, C2 Ventures and angels/advisors such as Mark Goines, Sheel Mohnot, Jake Gibson, Eli Broverman, Shivani Siroya, Jeff Cruttenden, Ron Suber, Matt Burton, Shamir Karkal, Ohad Samet, Maia Bittner, Stuart Sopp, Aaron Frank, Bill Clerico and Jason Gardner among others. https://www.pymnts.com/news/investment-tracker/2020/bloom-credit-closes-13m-series-a-funding-round/ Continue to provide advisory services to the company www.bloomcredit.io

  • Board Member

    2016 - 2023

  • Chief Executive Officer / Exec Chairman

    2016 - 2022

Bloom Credit helps companies launch valuable lending products, report consumers' payments, and create innovative credit experiences.

Raised $19,679,000.00 from Bossa Invest, Slow Ventures, Commerce Ventures, Allegis Capital, 500 Global, Socially Financed, Resolute Ventures, Jason Gardner, Ron Suber and Jacob Gibson.

  • Investor

    2021

    Arbor Ventures, Nyca Ventures, Homebrew and Felicis Ventures backed company bringing consumer friendly modern technology to debt collection. https://www.forbes.com/sites/omribarzilay/2017/11/14/trueaccord-nabs-22m-series-b-to-bring-machine-learning-to-debt-collections/?sh=3a0824317f09

TrueAccord uses behavioral analytics, machine learning and an omni-channel digital approach to collections.

Raised $153,047,382.00 from Vintage Investment Partners, Bossa Invest, Experian Ventures and Flat Capital.

  • Investor

    2021

    Union Square Ventures, GGV and SignalFire backed company providing financial services for the creator economy https://techcrunch.com/2021/07/01/a-bank-for-the-creator-economy-karat-raises-26m-in-series-a-funding/

Karat Financial offers business credit cards for digital creators and influencers.

Raised $100,600,000.00 from Steve Zhao, CRV, Biz Stone, Union Square Ventures, Josh Richards, Nick DiGiovanni, Dreamers VC, MANA Talent Group and Wendover Productions.

  • Investor

    2022

    Acrew Capital, Commerce Ventures, Slow Ventures backed neobank aiming to develop products and services that reward savers

HMBradley is a digital banking platform that develops programs to reward savers.

Raised $63,837,169.00 from Atacama Ventures.

  • Investor

    2022

    Khosla Impact, Susa Ventures and Costanoa backed company reinventing KYC in across Africa using facial biometric and other data sources. https://techcrunch.com/2021/07/08/smile-identity-raises-7m-to-build-kyc-and-identity-verification-tools-for-africa/

Africa's leading identity verification solution, remotely verify IDs in seconds while staying compliant and preventing fraud at scale.

Raised $31,100,000.00 from Future Africa, ValueStream Ventures, Courtside Ventures, 500 Fintech, Commerce Ventures, Costanoa Ventures, Norrsken22, Latitude, Two Culture Capital and Intercept Ventures.

  • Investor

    2021

    BTV, NFX backed company bringing the mutual model back to small business insurance.

  • Advisor

    2023

    Point72 and Bessemer backed company finding a better way to reach consumers through investing and other financial services.

Neon Money Club is a modern consumer fintech tying together culture, brands, investing, and financial wellness.

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