Financial Solutions Lab - aVenture Asset Manager Research
Location
Chicago, IL, US
Founded
2014
Financial Solutions Lab focuses on cultivating and scaling innovative solutions that improve financial health for underserved communities, particularly low- to moderate-income individuals and Black and Latinx populations. The lab typically invests in early-stage companies, with a strong emphasis on seed and pre-seed rounds, providing investments ranging from $125,000 to $250,000.
Notable portfolio companies include Petal, Propel, and Ascend Consumer Finance. The lab operates in collaboration with founding partner JPMorgan Chase and with support from Prudential Financial, offering a unique blend of financial industry expertise and resources. Their accelerator program and grant initiatives provide additional support to startups addressing acute and persistent financial health challenges.
Financial Solutions Lab - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages