Vera Equity gathers $20m for maiden fund

• Vera’s anchor investor is True, a platform of talent management products and executive search services
• Other limited partners include Tiger Global Management, Bain Capital Ventures, Lightspeed Venture Partners, Fin Capital and Oak HC/FT Partners
• Founded in 2021, Vera Equity is based in New York City

Vera Equity has raised $20 million for its inaugural fund.

The fund invests in early-stage fintech companies.

Vera’s anchor investor is True, a platform of talent management products and executive search services. Other limited partners include Tiger Global Management, Bain Capital Ventures, Lightspeed Venture Partners, Fin Capital and Oak HC/FT Partners.

“Our team’s backgrounds and networks allow Vera to provide founders with differentiated and highly valuable talent introductions and operational guidance,” said Michael Vaughan, co-founder of Vera Equity, in a statement. “We identify attractive investment opportunities through our confidence in the team and their product vision, and partner with our founders as they get off the ground, build initial traction and prepare for their next institutional round.”

Founded in 2021, Vera Equity is based in New York City.