WE IMAGINE…

a world where current constraints and borders disappear through technology enabled connectivity. Where all 7 billion people in the world have equal access to information and services, so that all human potential can be unleashed to create a better world.

WE BELIEVE…

that Interpretative Intelligence ensuing from the combination of people and machines will lead to an enhanced experience for all of humanity. The 21st century will see solutions to our greatest challenges, and life-enhancing innovations that we can’t even imagine today.

WE KNOW…

that the best innovations will come from the most diverse teams, and we are funding exceptional entrepreneurs with global ambitions that share our vision and values.

TRUE TO OUR NAME, FUTURE\PERFECT VENTURES IS INVESTING IN THE FUTURE, TODAY.

THEMES

We partner with entrepreneurs who share our core values and passion to create a better world. We invest early, working closely with founding teams and our network to help build the next generation of impactful technology companies.  Here are the stories of some of our entrepreneurs.

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BITPESA

Bitpesa is the first pan-African blockchain-powered payment network. After careers in finance, technology and development, the founding team saw opportunity in emerging blockchain infrastructure to reduce business-to-business and peer-to-peer payments from 12-20% to 3%, putting money back into the pockets of businesses and individuals who are now able to save and invest more back into the economy as a result.  Founded in Nairobi in 2013, Bitpesa expanded operations to Uganda, Tanzania and Nigeria in 2015 and has experienced strong demand from other parts of Africa and will be expanding further in 2016.

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ABRA

Bill Barhydt, founder of Abra, is a veteran of the cross-border money remittance sector.  He saw firsthand the inefficiencies created by multiple intermediaries including Western Union and banking institutions, which extract significant fees for small transactions.  With emerging markets rapidly adopting smartphones, Bill saw opportunity in enabling local agent networks in these markets with a blockchain powered app that would reduce fees for the sender and recipient, and provide agents with access to a broader customer base.  Launched in 2015 at the Launch Festival (where it won Best Startup), Abra is now live in the Phillipines with additional markets to be announced in 2016.

CASE WALLET

Melanie Shapiro founded Case Wallet after experiencing a security lapse with her online digital wallet.  An experienced entrepreneur and specialist in consumer behavior with an exit under her belt, she gathered a team of cryptographers and security experts from Rochester Institute of Technology to build Case Wallet. Individuals and businesses lose billions of dollars of capital and productivity each year due to identity theft and fraud, a statistic Case Wallet wants to reduce.  As more devices and people directly connect to each other in the future, technologies such as Case Wallet’s will be crucial to maintaining network trust.

We are investing in companies building technology that will be game-changing, ubiquitous and indispensable.  Our team has a strong track record of identifying and building next generation companies globally.  Below are themes that we are most interested in as we look at the next 10 years.

PORTFOLIO

PRIOR INVESTMENTS

PORTFOLIO COMPANIES IN THE NEWS

THE TEAM

JALAK JOBANPUTRA

Founding Partner

A technology veteran with over 20 years as an entrepreneur and VC, Jalak founded Future\Perfect Ventures in 2014. She has invested in over 80 early stage companies over the past 15 years, resulting in several multibillion dollar acquisitions and IPOs. Previously, Jalak was a director at Omidyar Network managing mobile investments in emerging markets, and Senior Vice President at the New York City Investment Fund where she launched a seed tech fund and the Fintech Innovation Lab.  She was also at Intel Capital in Silicon Valley from 1999-2003, on the founding team of a web startup in 1997, and a tech/media/telecom investment banker at Lehman Brothers in NYC and London.  Jalak has served on multiple advisory boards for the White House, NYC Mayor’s Office, and the US State Department, and serves on the BOD for the Center for an Urban Future.  She is a frequent contributor for CNBC, Bloomberg TV, Business Insider, Quartz Media, and Fox Business News.  Her full bio can be found here, and she has been active on twitter since 2007 at @jalak.

ADVISORS

Future\Perfect Ventures has gathered an Advisory Board of industry leaders and visionaries who share our vision for a more connected world. They provide guidance to our team and portfolio, and are an important part of the FPV family.

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LIZ CRAWFORD
CTO, Birchbox
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DEBORAH ESTRIN
Professor Computer Science, Cornell Tech
Founder, Open mHealth & Small Data Tech Lab
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HILARY MASON
Data scientist, Accel Partners
Co-Founder, DataGotham /
Co-Founder HackNY.org
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NAVEEN SELVADURAI
Partner, Expa
Co-founder, Foursquare
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DAN WEISS
Board Director, 
Echoing Green
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RACHEL WEISS
Head of Digital Innovation, L’Oreal

MEDIA

JALAK JOBANPUTRA: INTERVIEWS & PROFILES

Excerpt from “Kingdom of New York  Jalak Jobanputra: The Barefoot VC on Bitcoin, Mobile Technology and Silicon Alley”

Published in NY Observer, August 2014

“We have all this data being collected by our devices, and the next generation of interesting companies is going to figure out how to sift through it in a way that’s more seamless and beneficial to the user.

Even if there’s hype around something new, I look for a nugget that can grow into something interesting and sustainable. I remember sitting in a conference room at Lehman in ’95 for the Netscape IPO. There was a sense of, “That’s a different way of looking at the organization of information and providing access to information to people who haven’t had access before.” I see a lot that at the core of bitcoin. There will be hiccups along the way as this technology rolls out, but I always think of the pent-up demand in the world for self-empowerment. There are billions of people out there who haven’t had the ability to empower themselves. It’s not because they’re not capable, it’s because they haven’t had the opportunity.”

WRITINGS

THREE REASONS WE’RE IN A VALUATION BUBBLE

Suddenly, everyone’s worth a billion dollars. Or so it seems. Last week, a chart in the Wall Street Journal listed private companies globally that have raised capital at $1 billion-plus valuations from venture capital firms. Some, such as Chinese mobile company Xiaomi, were founded less than five years ago while others… Read More

Published in Quartz, Jan 2014

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ARE BANKS THE NEXT DINOSAURS?

Last week, I spoke at The Economist’s Buttonwood Gathering in NYC about how emerging markets (and Africa in particular) are leapfrogging innovation in the financial services sector. The most documented example of this is M-Pesa’s mobile money platform in Kenya, which I have written about a few times on my blog The Barefoot VC, including in my thesis piece When Third is First. Read More

Published in Medium, October 2015

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THE ACQUISITION OF WHATSAPP IS A HUGE WAKE UP CALL

Almost exactly two years ago, at Bloomberg LP’s headquarters in New York City as part of Social Media Week, I gave a talk titled “What in the World?” I overviewed demographic and economic trends globally and outlined the opportunity for technology companies to access growth in the emerging markets. Read More

Published in Quartz, Feburary 2014

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RETHINKING IMPACT INVESTING

Impact investing, venture philanthropy and social entrepreneurship are all areas in practice and theory that have been close to my heart for years. As regular readers of my blog know, I was born in Nairobi and grew up visiting the developing world in the 1980s, after my family moved to the United States. Read More

From The Barefoot VC, May 2015

WHEN THIRD IS FIRST

In 2011, I wrote about Jugaad, according to Wikipedia “a colloquial Hindi word that can mean an innovative fix or a simple work-around”. I noted in the blog post that Jugaad is “now an acceptable management technique…and also applies to any kind of creative and out of the box thinking… Read More

From The Barefoot VC, June 2015

SMART DATA, DIVERSITY AND OUR DECENTRALIZED FUTURE

As an avid traveler, observer of the world and a technophile, I’ve been struck by the parallels in the development of technology with the broader evolution of societal structures. These observations have led me to the investment thesis at the core of Future\Perfect Ventures. We’re investing in decentralization as a theme… Read More

From The Barefoot VC, January 2015

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CONTACT

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NEW YORK, NY, 10012
EMAIL: INFO@FPV.VC