# Better Tomorrow Ventures: portfolio, investments and team

> Better Tomorrow Ventures is a vc firm based in United States. 57 investments on record, 19 in the last 12 months, latest Oct 2026.

Source: https://millionrounds.com/fund/better-tomorrow-ventures (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Better Tomorrow Ventures

Last cheque observed Oct 2026; 57 cheques on record.

Email

Deploying now New fund $146M, Sept 2024 VC firm

Pre-seed Seed Series A Finance Wealthtech Financial Services

Follow Better Tomorrow Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fbetter-tomorrow-ventures)

Deploying now

**95%** of best year **19** **cheques in 12 months**, 57 on record

Since the last cheque **9** days **00** hrs **00** min **00** sec

Median round **$6.8M** Cheque size, as they say **$250K – $2.0M** Rounds led **2 of 57** Sole investor **5 rounds** Mostly in **United States, 68%**

Pitch Better Tomorrow Ventures

## Better Tomorrow Ventures highlights

- 01 19 cheques in the last 12 months
- 02 Mostly Seed and Series A: 75% of its rounds
- 03 Sole investor in 5 rounds, median $1.5M

## What they do

> We invest in fintech and vertical AI companies founded by teams we're excited to work with over decades. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $250K – $2.0M as they say
- **Stages:** Pre-seed Seed Series A
- **Sectors:** Finance Wealthtech Financial Services
- **Based in:** San Francisco, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **57 appearances**

- **2026** 17 rounds
- **Oct** **[Coast](https://millionrounds.com/company/coast)** Growth · US · Google News search **$35M** With 13 others
- **Oct** **[Town](https://millionrounds.com/company/town)** Series B · US · Menlo Ventures **$108M** With 15 others
- **Oct** **[Peppermint](https://millionrounds.com/company/peppermint)** Seed · US · TechStartups **$4.7M** With 7 others
- **Oct** **[Stay](https://millionrounds.com/company/stay)** BR · LatamList **$5.7M** With 3 others
- **Sept** **[Notes.fm](https://millionrounds.com/company/notes-fm)** Seed **$5.0M** Sole investor
- **Jul** **[Nebex](https://millionrounds.com/company/nebex)** Seed · US · TechStartups **$30M** With 12 others
- **Jun** **[Caplight](https://millionrounds.com/company/caplight)** Series A · US **$16M** With 3 others
- **May** **[Monk](https://millionrounds.com/company/monk)** Series A · US · Ventureburn **$25M** With 4 others
- **May** **[InstaSwitch](https://millionrounds.com/company/instaswitch)** Seed · US **$4.7M** With 2 others
- **May** **[Rely](https://millionrounds.com/company/rely)** Seed · US **$4.5M** With 1 other
- **May** **[Ficus](https://millionrounds.com/company/ficus)** Pre-seed · US **$2.4M** With 1 other
- **Mar** **[Outpost](https://millionrounds.com/company/outpost)** Series A · Ventureburn **$18M** With 6 others
- **Feb** **[Inscope](https://millionrounds.com/company/inscope)** Series A · US · Ventureburn **$15M** With 5 others
- **Feb** **[Reflow](https://millionrounds.com/company/reflow)** Seed · US **$15M** With 3 others
- **Feb** **[BrikMate](https://millionrounds.com/company/brikmate)** Venture · US **Undisclosed** With 2 others
- **Feb** **[Meroka](https://millionrounds.com/company/meroka)** Venture · US **Undisclosed** With 4 others
- **Jan** **[Monnai](https://millionrounds.com/company/monnai)** Venture · US **$12M** With 4 others
- **2025** 16 rounds
- **Dec** **[Navro](https://millionrounds.com/company/navro)** Series A · GB **$440K** With 1 other
- **Nov** **[Kaaj](https://millionrounds.com/company/kaaj)** Seed · US · TechCrunch **$3.8M** With 2 others
- **Sept** **[Sticker Commerce, Inc.](https://millionrounds.com/company/sticker-commerce-inc)** Venture · US **$1.0M** With 1 other
- **Jul** **[Layer Financial Technologies](https://millionrounds.com/company/layer-financial-technologies)** Seed · US **$6.6M** With 1 other
- **May** **[Agree.com](https://millionrounds.com/company/agree-com)** Seed · US · TechCrunch **$7.2M** With 13 others
- **Apr** **[Deck](https://millionrounds.com/company/deck)** Series A · CA · TechCrunch **$12M** With 5 others
- **Apr** **[Divibank](https://millionrounds.com/company/divibank)** Series A · BR · LatamList **$8.2M** *Led*
- **Apr** **[LogRock](https://millionrounds.com/company/logrock)** Venture · US **$8.0M** With 2 others
- **Apr** **[Salsa](https://millionrounds.com/company/salsa)** Series A · US **$20M** With 4 others
- **Apr** **[Ponte Labor](https://millionrounds.com/company/ponte-labor)** Seed · US **$3.0M** With 2 others
- **Mar** **[Mendel](https://millionrounds.com/company/mendel)** Series B · MX · LatamList **$35M** With 10 others
- **Feb** **[Basis](https://millionrounds.com/company/basis)** Series B · US · TechStartups **$100M** With 13 others
- **Feb** **[BRKZ](https://millionrounds.com/company/brkz)** Series A · SA · TechCrunch **$17M** With 8 others
- **Feb** **[Ethos](https://millionrounds.com/company/ethos)** Seed · GB **$6.0M** With 3 others
- **Jan** **[Capa](https://millionrounds.com/company/capa)** Seed · DO **$2.0M** With 2 others
- **Jan** **[Nilus](https://millionrounds.com/company/nilus)** Venture · AR **$10M** With 2 others
- **2024** 10 rounds
- **Dec** **[Basis](https://millionrounds.com/company/basis)** Series A · US · AlleyWatch **$34M** With 5 others
- **Nov** **[Stay](https://millionrounds.com/company/stay)** Seed · BR · LatamList **$2.6M** *Led*
- **Oct** **[Deck](https://millionrounds.com/company/deck)** Seed · CA · Luge Capital **$6.2M** With 2 others
- **Oct** **[Plumery](https://millionrounds.com/company/plumery)** Seed · NL · QED Investors **$3.3M** With 6 others
- **Oct** **[Permanent](https://millionrounds.com/company/permanent)** Seed · US **$3.7M** With 2 others
- **Aug** **[Silver](https://millionrounds.com/company/silver)** Pre-seed · US **$900K** Sole investor
- **Jul** **[Caliza](https://millionrounds.com/company/caliza)** Seed · US **$8.5M** With 5 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **2 named**

JW **Jacob Wayne Gibson** Managing Member i Filing they signed

SM **Sheel Mohnot** Managing Member i Filing they signed

We also hold **3** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$560M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** BE Better Tomorrow, LLC
- **SEC number:** CRD 314347

Who backs their funds

## 1 LP on record in Better Tomorrow Ventures's funds

- **Funds:** 1

The institutions that put money into its funds, which the firm then invests in companies. Source: an LP list.

- [**Cendana Capital** 1 fund](https://millionrounds.com/fund/cendana-capital) Fund Vintage Committed Better Tomorrow Ventures - -

## What they claim to have backed

From their own portfolio page (on their website)

**3** of 8 we have independently watched raise

[Coast](https://millionrounds.com/company/coast)[Mendel](https://millionrounds.com/company/mendel)[Monk](https://millionrounds.com/company/monk) Basis Lunar Outpost Relay Unit

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

New fund on file

**$146M**

raised in Sept 2024

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$6.8M** the round, not its cheque Alone, median **$1.5M**

Led 2 of 57 rounds **4%**

- **Said size:** $250K – $2.0M
- **Sole investor:** 5 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Seed said *29*
- Series A said *13*
- Venture *7*
- Pre-seed said *3*
- Series B *3*
- Growth *1*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [W Ventures](https://millionrounds.com/fund/w-ventures) 10
- [Y Combinator](https://millionrounds.com/fund/y-combinator) 5
- [Village Global](https://millionrounds.com/fund/village-global-2) 4
- [500 Global](https://millionrounds.com/fund/500-startups) 3
- [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) 3
- [17Sigma](https://millionrounds.com/fund/17sigma) 2

**Pitching Better Tomorrow Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Better Tomorrow Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**W Ventures** VC firm **10** rounds together](https://millionrounds.com/fund/w-ventures)[**Y Combinator** Accelerator **5** rounds together](https://millionrounds.com/fund/y-combinator)[**Village Global** VC firm **4** rounds together](https://millionrounds.com/fund/village-global-2)[**500 Global** Angel **3** rounds together](https://millionrounds.com/fund/500-startups)[**Alumni Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**17Sigma** VC firm **2** rounds together](https://millionrounds.com/fund/17sigma)[**2048 Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/2048-ventures)[**9Yards Capital** VC firm **2** rounds together](https://millionrounds.com/fund/9yards-capital)[**Accel** VC firm **2** rounds together](https://millionrounds.com/fund/accel)[**Avid Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/avid-ventures)[**Bossa Invest** VC firm **2** rounds together](https://millionrounds.com/fund/bossa-invest)[**BoxGroup** VC firm **2** rounds together](https://millionrounds.com/fund/boxgroup)

## Recently backed

The latest companies Better Tomorrow Ventures put money into.

[**Coast** $35M · Oct 2026](https://millionrounds.com/company/coast)[**Town** $108M · Oct 2026](https://millionrounds.com/company/town)[**Stay** $5.7M · Oct 2026](https://millionrounds.com/company/stay)[**Notes.fm** $5.0M · Sept 2026](https://millionrounds.com/company/notes-fm)[**Nebex** $30M · Jul 2026](https://millionrounds.com/company/nebex)[**Caplight** $16M · Jun 2026](https://millionrounds.com/company/caplight)

## On podcasts

5 episodes naming Better Tomorrow Ventures in the title, and 4 more that mention it.

- [Prime Venture Partners Podcast](https://millionrounds.com/podcasts/prime-venture-partners) 23 Apr 2025 · 1h 4m India & US Fintech in 2025: Sheel Mohnot from Better Tomorrow Ventures on PrimeVP Podcast With [Sheel Mohnot](https://millionrounds.com/person/sheel-mohnot) Mentions [Better Tomorrow Ventures](https://millionrounds.com/fund/better-tomorrow-ventures)[Tomorrow Ventures](https://millionrounds.com/fund/tomorrow-ventures) Apple PodcastsShow page
- [The Peel](https://millionrounds.com/podcasts/the-peel) 9 Jan 2025 · 1h 32m Sheel Mohnot on All Things Fintech, Starting Better Tomorrow Ventures With [Sheel Mohnot](https://millionrounds.com/person/sheel-mohnot) Mentions [Better Tomorrow Ventures](https://millionrounds.com/fund/better-tomorrow-ventures)[Tomorrow Ventures](https://millionrounds.com/fund/tomorrow-ventures)[Google](https://millionrounds.com/fund/google-assistant-investments) *+2* Apple PodcastsShow page
- [Alt Goes Mainstream](https://millionrounds.com/podcasts/alt-goes-mainstream) 10 May 2023 · 48 min Sheel Mohnot of Better Tomorrow Ventures on the challenges and highlights of building a first-time fund into a first call FinTech VC With [Sheel Mohnot](https://millionrounds.com/person/sheel-mohnot) Mentions [Better Tomorrow Ventures](https://millionrounds.com/fund/better-tomorrow-ventures)[Tomorrow Ventures](https://millionrounds.com/fund/tomorrow-ventures) Apple PodcastsShow page
- [Venture Unlocked](https://millionrounds.com/podcasts/venture-unlocked) 11 Jan 2023 · 48 min Better Tomorrow Ventures, Jake and Sheel on Investing in FinTech, fund construction, and fundraising lessons Mentions [Better Tomorrow Ventures](https://millionrounds.com/fund/better-tomorrow-ventures)[Tomorrow Ventures](https://millionrounds.com/fund/tomorrow-ventures)[Jake Gibson](https://millionrounds.com/fund/jake-gibson) *+1* Apple PodcastsShow page
- [The Neon Show](https://millionrounds.com/podcasts/neon-show) 2 Aug 2020 · 29 min Sheel Mohnot, Better Tomorrow Ventures on his journey from Fintech Entrepreneur to Fintech VC With [Sheel Mohnot](https://millionrounds.com/person/sheel-mohnot) Mentions [Better Tomorrow Ventures](https://millionrounds.com/fund/better-tomorrow-ventures)[Tomorrow Ventures](https://millionrounds.com/fund/tomorrow-ventures) Apple Podcasts

### Mentioned in

- [This Week in Startups](https://millionrounds.com/podcasts/this-week-in-startups) 8 Oct 2026 · 1h 19m What VCs Really Think About Personal AI Agents | E2347 Apple Podcasts
- [This Week in Startups](https://millionrounds.com/podcasts/this-week-in-startups) 26 Aug 2026 · 1h 31m Bill Gates foresees massive AI job loss: these VCs disagree | E2330 Apple PodcastsShow page
- [Equity](https://millionrounds.com/podcasts/equity) 12 Feb 2025 · 30 min Sheel Mohnot says the fintech market is ‘hot again’ Apple PodcastsShow page
- [The Peel](https://millionrounds.com/podcasts/the-peel) 14 Dec 2023 · 1h 22m How Unit Operates with Precision, with Itai Damti (Co-founder and CEO of Unit) Apple PodcastsShow page

## Quick answers about Better Tomorrow Ventures

### What does Better Tomorrow Ventures invest in?

Better Tomorrow Ventures invests most often at Seed and Series A (75% of the rounds on record), in sectors such as Finance, Wealthtech and Financial Services.

### How active is Better Tomorrow Ventures?

57 investments on record, 19 of them in the last 12 months, and it led 2. The most recent was in Oct 2026.

### What has Better Tomorrow Ventures invested in recently?

Its most recent investments on record: Coast (Growth, Oct 2026), Town (Series B, Oct 2026) and Peppermint (Seed, Oct 2026).

### How big are Better Tomorrow Ventures's cheques?

The median round it joins is $6.8M. It says it writes cheques of $250K to $2.0M.

### Does Better Tomorrow Ventures lead rounds?

Sometimes: it led 2 of its 57 investments on record (4%).

### Where does Better Tomorrow Ventures invest?

Most of the companies it backs are in the United States (68%), Brazil (8%) and the United Kingdom (5%).

### Is Better Tomorrow Ventures investing now?

Yes: it is actively investing, with 19 investments in the last 12 months.

### Who does Better Tomorrow Ventures invest alongside?

Most often W Ventures (10 rounds together), Y Combinator (5 rounds together) and Village Global (4 rounds together).

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