Women-focused fintech Verve Super joins Simon Sheikh's Future Group
Future Group has acquired Verve Super, a super fund aimed at women, with terms undisclosed; the piece also recalls earlier raises by Verve and by Future Super.
Angel investor · Founder, Without Fear or Farvour
Every published round Pam O'Connor took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Verve Super | Unnamed stage | 15 Sep 2021 | $2.6m | Participant | Startup Daily, SmartCompany | |
| Verve | Unnamed stage | 2021 | $2.6m | Participant | Women's Agenda, Startup Daily |
Companies Pam O'Connor has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Verve | 2021 | 1 | 0 | |
| Verve Super | 15 Sep 2021 | 1 | 0 |
Fund closes reported for Pam O'Connor, as distinct from the investments it has made.
Companies Pam O'Connor has backed that another company then bought. An exit for the holding, not a deal Pam O'Connor did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| Verve Super | Future Group | Acquisition | 2023 | - |
| Verve Super | Future Super | Acquisition | 29 Nov 2023 | - |
Stories naming Pam O'Connor. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Future Group has acquired Verve Super, a super fund aimed at women, with terms undisclosed; the piece also recalls earlier raises by Verve and by Future Super.
Verve, a superannuation fintech for women, has banked a $3 million pre-Series A led by Alberts and is rolling out an investing app, adding to a 2021 raise that drew prominent female backers.
Also Women's Agenda
Women-focused superannuation fund Verve Super raised $2.6 million from first-time female and impact investors including Carol Schwartz, after failing to win over mission-blind venture capitalists.
Also Startup Daily