Fenway Summer Ventures

Company

Investment-firm

Last deal

$289.75K

Amount

Secondary Market

Stage

01.02.2016

Date

2

all rounds

$3.19M

Total amount

Financing round

General

About Company
FSV invests in and supports entrepreneurs who are revolutionizing the financial services industry.

Industry

Sector :

Subsector :

Keywords :

Also Known As

FSV

founded date

01.01.2014

founders

Number of employees

Last funding type

Secondary Market

IPO status

Private

Description

Fenway Summer Ventures is a venture capital firm based in Washington DC that primarily invests in early-stage software, SaaS, and Fintech companies. The firm has invested in over 50 companies and co-founded several others, including advisory firms, a credit card company, a mortgage lender, and a private student finance firm. FSV's team has a unique combination of financial services, technology, capital markets, and credit expertise, as well as deep regulatory, policy, and industry knowledge. They provide insights and capital to help entrepreneurs build lasting enterprises and strong brands.
Contacts
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Their latest funding was raised on 01.02.2016. Their latest investor Stonehenge Investments. Their latest round Secondary Market

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Mark Lefanowicz

Mark Lefanowicz

Mark joins Fenway Summer Ventures from Springleaf Financial, where he served as Senior Vice President responsible for Internet lending, call center operations, and new business initiatives. Mark is also currently the CEO of Ethos Lending. Previously, Mark served as CFO of Provident Funding Associates, currently the largest wholesale mortgage lender in the United States. In this capacity, he was responsible for the company’s treasury, finance, accounting, and administrative functions. From 2004 to 2008, Mark served as CEO/President of E-LOAN, a publicly traded Internet mortgage, home equity, and auto lender. As CEO, he led the company’s sale to Banco Popular, resulting in an 89% per share price appreciation from the time Mark joined E-LOAN to its sale. Earlier in his career, Mark served in numerous executive positions at Bay View Capital and as a partner at Coopers & Lybrand, which later merged with Price Waterhouse to form PWC. He has served on the Board of Directors for several consumer financial institutions, including Credit Karma. Mark has also been an active angel investor in consumer finance and fintech companies. He is a Certified Public Accountant and holds a bachelor of science in accounting from the University of Wyoming. Mark resides in Lafayette, CA with his wife Kathy and his three daughters.

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Raj Date, 47, is the founder of Fenway Summer LLC, a hybrid advisory and venture investment firm focused on innovation in highly regulated industries like financial services. He has served as Managing Partner of the firm since 2013. Previously, Date served in a variety of capacities at the U.S. Consumer Financial Protection Bureau (“CFPB”) and the U.S. Department of the Treasury. Among other roles, Date served as the first-ever Deputy Director of the CFPB, and also acted as the CFPB’s interim leader for several months. Prior to his public service, Date was a Managing Director in the Financial Institutions Group at Deutsche Bank Securities. From 2001 to 2007, Date served in various capacities at Capital One Financial, a bank holding company, including most recently as Senior Vice President for Corporate Strategy and Development. Date began his career in the financial institutions practice of McKinsey & Company. Date currently serves on the boards of directors of Circle Internet Financial, Inc., College Ave Student Loans LLC; FS Card Inc.; Green Dot Corporation; and Prosper Marketplace, Inc. Date holds a B.S., highest honors, in industrial engineering and operations research from the University of California at Berkeley, and a J.D., magna cum laude, from the Harvard Law School.

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Date 
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Mark Lefanowicz

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People

Founders
1
Raj Date
Raj Date

Raj Date

Raj Date, 47, is the founder of Fenway Summer LLC, a hybrid advisory and venture investment firm focused on innovation in highly regulated industries like financial services. He has served as Managing Partner of the firm since 2013. Previously, Date served in a variety of capacities at the U.S. Consumer Financial Protection Bureau (“CFPB”) and the U.S. Department of the Treasury. Among other roles, Date served as the first-ever Deputy Director of the CFPB, and also acted as the CFPB’s interim leader for several months. Prior to his public service, Date was a Managing Director in the Financial Institutions Group at Deutsche Bank Securities. From 2001 to 2007, Date served in various capacities at Capital One Financial, a bank holding company, including most recently as Senior Vice President for Corporate Strategy and Development. Date began his career in the financial institutions practice of McKinsey & Company. Date currently serves on the boards of directors of Circle Internet Financial, Inc., College Ave Student Loans LLC; FS Card Inc.; Green Dot Corporation; and Prosper Marketplace, Inc. Date holds a B.S., highest honors, in industrial engineering and operations research from the University of California at Berkeley, and a J.D., magna cum laude, from the Harvard Law School.

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Linden Lab

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Raj Date

Employee Profiles
14

Lauren Williams

Chief operating officer

Rob Glanville

Operating Partner

Alex Acree

Alex Acree

Managing Director

Miles Reidy

Miles Reidy

Investor Fenway Summer

Raj Date

Raj Date

Managing Director

Mark Lefanowicz

Mark Lefanowicz

Managing Director

Javier Saade

Javier Saade

Venture Partner

Christopher Trepel

Christopher Trepel

Operating Partner

Activity

Recent News
2
News Timeline

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