BGF

Better Tomorrow Ventures is a San Francisco-based pre-seed and seed venture capital firm founded in approximately 2020 by Sheel Mohnot and Jake Gibson, both of whom were founding team members and early executives at NerdWallet, the personal finance comparison and content platform. The firm specializes exclusively in fintech, backing founders building financial products and services at the pre-seed and seed stages, and benefits from the founders' deep operational knowledge of the consumer and B2B fintech markets accumulated through their experience scaling NerdWallet into a publicly traded company. Better Tomorrow Ventures typically writes initial checks from $500,000 to $2 million, investing before most institutional capital enters. The firm takes a founder-centric approach, placing particular emphasis on backing founders from underrepresented communities and geographies in fintech, and maintains an active thesis spanning payments, credit, insurance, banking infrastructure, and financial tools for small businesses and consumers. Notable portfolio companies include Jeeves, the all-in-one corporate card, payments, and expense management platform for emerging market businesses; Meow, a high-yield cash management platform for businesses; Catch, a benefits platform for independent workers and self-employed individuals; and Highbeam, a fintech platform for CPG brands. Beyond these original investments, the portfolio includes additional fintech companies across payments infrastructure, consumer financial services, and embedded finance. Better Tomorrow Ventures has become one of the most active and credible early-stage fintech specialist investors in the United States, with the founders' NerdWallet track record providing unusual credibility when backing first-time fintech founders.