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Route 66 Ventures

North America, Virginia, United States, Alexandria

Description

Route 66 Ventures is a prominent private investment firm based in Alexandria, Virginia, specializing in the financial technology and services sector. Established with a dual approach, the firm provides both venture capital equity investments and credit solutions to emerging companies. Their core mission revolves around identifying and backing technology-enabled businesses that are poised to disrupt traditional financial services models. This strategic focus allows them to support innovation across various sub-sectors within FinTech, from lending and payments to insurance and wealth management.

The firm's venture capital arm primarily targets early-stage and growth-stage companies demonstrating high-growth potential. Route 66 Ventures is known for its flexible investment strategy, capable of deploying capital across different phases of a company's lifecycle. Their typical equity investment for a first check ranges from $1 million to $10 million, providing substantial initial capital to promising startups. Beyond direct equity, they also offer credit solutions, catering to a broader spectrum of financial needs for their portfolio companies. This comprehensive approach underscores their commitment to fostering long-term growth and success within the FinTech ecosystem.

With a robust portfolio that includes over 100 investments, Route 66 Ventures has established itself as a significant player in the FinTech investment landscape. Their track record includes successful exits, demonstrating their ability to pick winning companies and guide them through various growth phases. The firm's deep industry expertise, coupled with its flexible capital solutions, makes it a valuable partner for founders navigating the complexities of the financial services industry. They actively seek to leverage their network and operational insights to support portfolio companies in scaling their operations and achieving market leadership.

Investor Profile

Route 66 Ventures has backed more than 82 startups, with 1 new investments in the last 12 months alone. The firm has led 30 rounds, about 37% of its total and boasts 15 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series B rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Hong Kong.
  • Strong thematic focus on FinTech, Financial Services, Health Care.
  • Typical check size: $1M – $10M.

Stage Focus

  • Series A (28%)
  • Seed (26%)
  • Series B (23%)
  • Series Unknown (11%)
  • Series C (6%)
  • Debt Financing (4%)
  • Series D (1%)
  • Convertible Note (1%)

Country Focus

  • United States (71%)
  • United Kingdom (16%)
  • Hong Kong (6%)
  • Germany (4%)
  • Canada (1%)
  • Switzerland (1%)
  • The Netherlands (1%)

Industry Focus

  • Fintech
  • Financial Services
  • Health Care
  • Finance
  • Software
  • Insurtech
  • Wellness
  • Insurance
  • Payments
  • Information Technology
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Route 66 Ventures frequently co-invest with?

IDEA Fund Partners
North America, North Carolina, United States, Chapel Hill
Co-Investments: 4
S2G Ventures
North America, Illinois, United States, Chicago
Co-Investments: 4
American Family Ventures
North America, Wisconsin, United States, Madison
Co-Investments: 4
Anthemis
Europe, England, United Kingdom, London
Co-Investments: 8
NextGen Venture Partners
North America, California, United States, San Francisco
Co-Investments: 5
Core Innovation Capital
North America, California, United States, San Francisco
Co-Investments: 4
Grotech Ventures
North America, Virginia, United States, Vienna
Co-Investments: 5
SBI Group
Asia, Tokyo, Japan, Tokyo
Co-Investments: 4
Transamerica Ventures
North America, New York, United States, New York
Co-Investments: 5
RRE Ventures
North America, New York, United States, New York
Co-Investments: 4

Which angels does Route 66 Ventures often collaborate with?

RS
North America, New York, United States, New York
Shared Deals: 1
Christopher Leacock
North America, Trinidad and Tobago
Shared Deals: 1
Sasan Nami
Asia, Mazandaran, Iran, Sari
Shared Deals: 2
JD
North America, California, United States, Palo Alto
Shared Deals: 1
TL
North America, New York, United States, New York
Shared Deals: 1
AV
North America, New York, United States, New York
Shared Deals: 1
NM
North America, United States
Shared Deals: 1
EB
North America, California, United States, Palo Alto
Shared Deals: 1
AD
North America, California, United States, San Francisco
Shared Deals: 1
JP
North America, Maryland, United States, Baltimore
Shared Deals: 1

What are some of recent deals done by Route 66 Ventures?

EarthOptics

Arlington, Virginia, United States

EarthOptics provides a cloud-based machine learning platform for soil and ground management.

AgricultureAgTechInformation TechnologyReal Time
Series UnknownNov 19, 2024
Amount Raised: $24,000,000
AccessPay

Manchester, Manchester, United Kingdom

AccessPay incorporates digital banking tools into the systems of corporate clients to minimize the risks of fraud and errors.

FinanceFinancial ServicesFinTechPayments
Series UnknownMar 21, 2024
Amount Raised: $23,801,747
Joon

Seattle, Washington, United States

Joon is a teletherapy provider for teens & young adults.

Health CarePsychology
Series UnknownDec 4, 2023
Amount Raised: $6,000,000
Switchboard Health

Boise, Idaho, United States

Switchboard Health helps payers, health systems, employers, and at-risk providers leverage virtual care solutions at scale.

Health CareHospitalMedical
SeedNov 13, 2023
Amount Raised: $6,500,000
Vital Bio

Toronto, Ontario, Canada

Vital Bio is designing a new generation of tools to empower patients in monitoring health and managing the disease.

Digital MarketingHealth CareSoftware
Series AJul 24, 2023
Amount Raised: $18,000,000
Yuvo Health

New York, New York, United States

Yuvo Health is a leading solution to give community health centers an advantage in value-based care.

CommunitiesHealth CareMedical
Series AJun 7, 2023
Amount Raised: $20,200,000
Change Foods

Palo Alto, California, United States

Change Foods is a food-tech company developing animal-free cheese and dairy products.

BiotechnologyConsumer GoodsFood and BeverageFood ProcessingSustainability
Convertible NoteMar 15, 2023
Amount Raised: $5,317,000
Ryse Health

Arlington, Virginia, United States

Ryse Health is a hybrid brick-and-mortar and virtual care model serving patients with chronic disease.

Health CareMedicalPersonal Health
Series AMar 2, 2023
Amount Raised: $6,500,000
EarthOptics

Arlington, Virginia, United States

EarthOptics provides a cloud-based machine learning platform for soil and ground management.

AgricultureAgTechInformation TechnologyReal Time
Series BJan 18, 2023
Amount Raised: $27,600,000
Inflow

London, England, United Kingdom

Inflow develops a science-based digital program intended to manage ADHD.

Health CaremHealthWellness
Series AJan 11, 2023
Amount Raised: $11,000,000