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14Peaks secures $30 million funding to support fintech and the evolution of work

Edoardo Ermotti, founder of 14Peaks Capital, Raises $30 Million for Inaugural Fund

Edoardo Ermotti, the founder of Swiss venture capital firm 14 Peaks Capital, is making waves in the investment world with his unique approach to funding startups. With a focus on quality over quantity, Ermotti has successfully closed the firm’s inaugural fund with $30 million raised from a select group of family offices and high-net-worth individuals.

Ermotti’s strategy of recruiting a tight circle of limited partners has proven to be a winning formula, with each investor bringing valuable experience and networks to the table for portfolio companies. This curated hub of expertise has already led to the addition of 11 companies to the fund’s portfolio, with a focus on business-to-business software providers in the fintech and future of work sectors.

The hands-on approach taken by Ermotti and his team has not gone unnoticed by portfolio companies, with founders praising the support and guidance provided beyond just financial backing. This level of involvement has set 14 Peaks apart in the eyes of many startups, who are increasingly valuing the expertise and connections that investors can offer.

Looking ahead, Ermotti has plans to expand 14 Peaks’ presence in the US, with a mandate to invest on both sides of the Atlantic. With a reserve of 30% of the fund for follow-on investments, Ermotti expects to continue supporting portfolio companies as they grow and expand into new markets.

Overall, Edoardo Ermotti and 14 Peaks Capital are proving that a focused and hands-on approach to investing can lead to success in the competitive world of venture capital. With a strong network of investors and a clear vision for the future, Ermotti is poised to make a lasting impact on the startup ecosystem.

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