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Double Bay Capital is a venture capital firm based in Australia, founded by David and Daniel Lavecky. The firm focuses exclusively on the financial technology sector, aiming to connect fintech innovators with global opportunities. Established with a vision to foster the next generation of fintech companies, Double Bay Capital leverages the founders' extensive experience from their previous venture, Pure Commerce, a leader in payment solutions.
The firm operates with a commitment to providing not only capital but also essential resources, networking opportunities, and mentoring to support the growth of its portfolio companies. As of now, Double Bay Capital has a global investment strategy, targeting startups primarily in the fintech, payments, and commerce-infrastructure sectors. The firm has a small but focused portfolio, consisting of six companies, and emphasizes a founder-first approach in its investment strategy.
Double Bay Capital specializes in the financial technology sector, with a clear focus on Seed and Series A funding stages. The firm seeks to invest in groundbreaking fintech concepts that demonstrate significant global impact potential. Their investment strategy emphasizes three key attributes: innovative concepts, global execution potential, and committed founders. The firm is particularly interested in ventures that have a proven track record and the ability to scale internationally.
Geographically, Double Bay Capital operates on a global scale, with a particular emphasis on opportunities emerging from Australia and the Asia-Pacific region. The firm looks for startups that can innovate within the financial technology landscape, including areas such as payments, decentralized finance, and commerce infrastructure. Their thesis revolves around supporting founders who are dedicated to pushing the boundaries of financial technology and who possess the vision to execute on a global stage.
Double Bay Capital's portfolio includes six notable companies, each contributing to the fintech landscape in unique ways:
Among these, Pure Commerce stands out as a notable exit, having been acquired by Euronet in 2013. This exit exemplifies the firm's capability to identify and support successful fintech ventures.
David Lavecky — Managing Partner. David has a background as a technology entrepreneur and investor. He is the CEO and co-founder of Canvas and previously served as COO/EVP of Pure Commerce, where he played a key role in expanding global operations and compliance.
Daniel Lavecky — Managing Partner. Daniel is an entrepreneur with over 20 years of experience in financial services. He was the CEO of Pure Commerce from its inception until its acquisition by Euronet in 2013. Daniel focuses on investing in early-stage startups that disrupt traditional industries through technology.
To pitch Double Bay Capital, founders should visit their official website at dbcapital.vc. The firm maintains an open pitch policy, allowing entrepreneurs to submit their proposals directly through the site. It is advisable to include a comprehensive overview of the business model, market opportunity, and team background in the pitch deck.
While specific response times are not disclosed, founders should be prepared for a potentially lengthy decision-making process, given the firm's focus on thorough evaluations of innovative fintech concepts.
As of the latest updates, Double Bay Capital has not made any recent public investment announcements or notable changes in leadership. The firm appears to have a stable presence with no recent activity reported in the venture capital space.
What are Double Bay Capital's investment criteria?
Double Bay Capital focuses on the fintech sector, specifically targeting Seed and Series A funding stages. The firm looks for innovative concepts with global applicability and a proven track record. They prioritize committed founders who demonstrate the potential for significant global impact.
How can I pitch to Double Bay Capital?
Founders can pitch to Double Bay Capital through their official website at dbcapital.vc. The firm does not specify a formal application process, indicating an open pitch policy.
What makes Double Bay Capital different from other VCs?
Double Bay Capital differentiates itself through its exclusive focus on fintech and its founder-first approach. The firm provides not only capital but also resources, networking, and mentoring to help portfolio companies navigate the complexities of the fintech landscape.
What is the geographic focus of Double Bay Capital?
The firm operates globally, with a particular emphasis on opportunities in Australia and the Asia-Pacific region. They seek to connect fintech innovators with global opportunities.
What is the typical check size for investments?
Specific check sizes are not disclosed, but Double Bay Capital primarily targets Seed and Series A funding stages, which typically involve early-stage investments.
What kind of post-investment support does Double Bay Capital provide?
Double Bay Capital adds value to its portfolio companies through access to a network of experienced entrepreneurs, resources for growth, and mentoring to help navigate the fintech landscape.
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