Top 10 Georgia VC Firms for Fintech Startups

The fintech sector has expanded into many macro industries and has become one of the biggest markets in Georgia.Mobile banking, B2B payment systems, online casinos, healthcare systems, and charitable organizations, all now require an easy-to-use payment platform, opening new doors of opportunity for entrepreneurs.

Similarly, there are a huge number of angel investors investing in fintech startups. As of 2024, there are more than 30,000 employees in Georgia’s fintech market and the state has an average of 120 Billion payment transactions every year.

Are you also looking for an active angel investor who can help you boost your fintech startup?

Think no more!

The following list highlights some of the top-rankedfintech investors in Georgia.

Find out the Top 8 Angel Investors in Georgia who Invest in Fintech startups

W. Thomas Smith

• Focused Sectors: Mobile Payments, Apps, Banking, Black / African American Founded, Credit, Real Estate, SaaS, South Asian Founded, Finance, Personal Finance, E-Commerce, E-Commerce Platforms, Subscription Service, Web Design, Artificial Intelligence, Big Data, Data Integration, Machine Learning
• Present In: United States
• Notable Investments: TaxBit, Peppercoin, Financeit, PayCycle, Micronotes, blooom, Medxoom, Neuro-ID, KOHO Financial

W. Thomas Smith, a co-founder and managing partner at TTV Capital, is a seasoned investor in technology-enabled financial services businesses. With over 18 years of venture capital experience, he recognized the impact technology would have on financial services and has funded hundreds of such companies.

When making such investments, W. Thomas Smith looks for businesses that are solving the modern payment problems related to digital payments, payment procedures, and security risks.

The investment range of W. Thomas Smith can range up to several million dollars, depending upon the business. He usually invests in both early and seed-stage businesses.

Connor Win

• Focused Sectors: Biotechnology, EdTech, Health Care, Pharmaceutical, Electronic Health Record (EHR), Home Health Care, Ad Server, Advertising, Internet, Software, Android, Enterprise Software, Women Founded, Big Data, Data Visualization
• Present In: United States
• Notable Investments: Ascent360, Compliance 360, QASymphony, Red Bag Solutions, RivalHealth, ALS | Resolvion

Connor Winn, a Senior Vice President at Fulcrum Equity Partners is one of the most active and famous investors in Georgia. A little about his background, Connor completed his BS in Business from Georgia Institute of Technology and has spent a lot of his young life as a baseball captain.

When investing in businesses, Connor Win prioritizes startups that can generate high revenue and are at the early stage. He doesn't only invest in companies but also guides them throughout the various stages of a startup.

The investment range of Connor Winn can range up to $250,000.

Jim Douglass

• Focused Sectors: Fintech, SaaS, Usability Testing, Analytics, B2B, Digital Marketing, Events, Marketing, Finance, FinTech, Subscription Service, Information Technology, Network Security, Professional Services, Women Founded, Big Data, Data Visualization
• Present In: United States
• Notable Investments: IPG, Regency Hospice, Liberation Behavioral Health, Five Points Healthcare, Path-Tec, Prevalent Networks, Kevel, Bright Light Systems - BSL, Kobiton, CarePlus

Funding startups since 2007, Jim Douglass is an active angel investor who has over 15 years in operations management, strategic development, and financial experience.

When investing in businesses, Jim Douglass prefers startups that have solid growth plans and can easily generate 3-4x ROI within the first 24 months of investment. Like Connor Win, Douglass is also working with Fulcrum Equity Partners and serves as an investor.

The investment range of Jim Douglass is around $100,000.

John Grayson

• Focused Sectors:  Professional Services, Employee Benefits, Web Browsers, Employment, Enterprise Software, Information Technology, E-Commerce, Finance, FinTech, Mobile Payments, Payments, Women Founded, Analytics
• Present In: United States
• Notable Investments: AxioMed Spine, CloudAgents, NEBOTRADE, Hyperwallet, Intellio, iCatapult, SPARTA Insurance, Maven7, MBO Partners, TrackVia

As a partner at Primus Capital, John Grayson has also started to make individual investments. Funding startups since 2018, Grayson has notable experience in making private equity investments and has also spent two years in tech & services investment banking.

Like most other investors, John Grayson usually likes to fund businesses that can generate significant profits and have a potential for international expansion. As an experienced angel investor, Grayson also has a huge network of mentors and guides his portfolio companies when things don't go in the planned direction.

The investment range of John Grayson is around $500,000.

Venkat Raghavan

• Focused Sectors: Consumer Internet, Enterprise Software, Mobile, Healthcare, Enterprise Security, Enterprise Risk Management, Cyber Security, Mobile Payments, Artificial Intelligence, FinTech
• Present In: United States
• Notable Investments: Webscale

Venkat Raghavan is a Partner at Benhamou Global Ventures (BGV) and has over 25 years of experience in the software sector. Having invested in startups for nearly 5 years, Raghavan usually prefers to invest in businesses that are at the early/seed stage and provides them with the required funding.

He actively participates in startup events and usually makes most of his investments through different startup fundraisers, accelerators, and pitching events.

The investment range of Venkat Raghavan can range up to $500,000.

Arun Gore

• Focused Sectors: FinTech, Mobile Payments, Retail, Transaction Processing, Financial Services, Information Technology, Women Founded, Energy, Renewable Energy, Solar, Human Resources, Information Services, Internet, Mobile
• Present In: United States
• Notable Investments: Scion Pharmaceuticals, Oxxon Therapeutics, Kadmus Pharmaceuticals, Atikus, PayLatr, PharmaSecure, d.light design, Babajob

Arun Gore, aka the President & CEO of Gray Ghost Ventures, is an influential investor with a focus on social venture capital. He has a background with multiple leadership roles in finance and operations within the telecommunications industry.

When funding businesses, Arun likes to invest in startups that utilize modern tech and introduce new ideas. He only invests in ventures that are led by experienced founders and have certified teams to help the business scale internationally.

The investment range of Arun Gore lies around $2M-$3M. He usually invests in the seed and growth stages of businesses.

Michael Coletti

• Focused Sectors: Consulting, Professional Services, Employee Benefits, Web Browsers, Employment, Enterprise Software, Information Technology, E-Commerce, Finance, FinTech, Mobile Payments, Payments, Women Founded, Analytics, Big Data, Business Intelligence, Health Care, Medical, Medical Device
• Present In:  Georgia
• Notable Investments:  Peopleclick, SkillSurvey, G2 Web Services, Netchex Online, Rotten Tomatoes, Select Laboratory Partners

Michael Coletti is a partner at Primus Capital and an active investor in Georgia. He joined Primus in 2019 and is present at the Atlanta Office. Before joining Primus, Michael spent two years as an investment banking analyst at KippsDeSanto & Co.

When funding startups, Coletti likes to invest in startups that can drive a long-term deal and work on innovative fintech solutions. Michael Coletti strongly emphasizes a unique business approach and values startups that are trying to introduce a new idea in the fintech market.

The investment range of Michael Coletti lies between $100,000 to $600,000.

Dave Gould

• Focused Sectors:  Developer Platform, Professional Networking, Web Hosting, Intellectual Property, Ad Retargeting, Analytics, Artificial Intelligence, Big Data, E-Commerce, Email Marketing, Machine Learning, Marketing Automation, SaaS, Social Media Marketing, Financial Services, FinTech, Payments,
• Present In: Georgia
• Notable Investments: Predikto, Relayr, Springbot, SalesLoft, Immunet Corporation, Phantom, Flashpoint, Polarity, Scytale.io, FullStory, Tala Security, Exp

Dave Gould is an experienced investor with a passion for technology and growth. He has worked with many notable venture capital firms and is currently a partner at Tech Operators.

When investing in businesses, Dave Gould highly prefers fintech, cybersecurity, and IT startups that are shaping the future. He takes an interest in innovative companies that are led by experienced founders and can easily generate 3-4x ROI.

Dave Gould's investment range is usually around $500,000 to $1M.

Wrap-up:

Summing up, there are many angel investors in Georgia. However, only a few cities in Georgia including Atlanta, Milton, and Roswell are known for having an active startup scene.

Similarly, if you have already selected your specific investor and are going to submit an online pitch deck, here are a few tips to keep in mind.

1. Create an engaging and good-looking pitch deck, customized to each angel's investment preferences. Take some help from online guides if needed.
2. Keep it concise and visually appealing. Investors have limited time, so focus on key points and use high-quality visuals to enhance your message.
3. Add your team's relevant experience. Investors are betting on people as much as the idea, so showcase your team's capabilities to build a successful business.