Starting a fintech company can be a daunting task, but if you’re on the lookout for funding opportunities, there’s a new player in town. Meet Rerail, a small early-stage fund founded by Anthony Danon, a seasoned investor with a decade of experience in the industry.
Danon’s journey in the world of venture capital began with Anthemis Group in London, where he worked on notable rounds like TrueLayer’s seed round. He then moved on to become a partner at Speedinvest, focusing specifically on fintech investments and backing promising startups such as Primer and Wayflyer.
In a recent interview with JS, Danon shared his perspective on fintech, emphasizing its horizontal nature as a support function across various industries. This broad outlook led him to team up with Carmen Alfonso Rico to launch Cocoa, a small early-stage fund aimed at investing like an angel investor.
However, after 35 investments, Danon and Rico decided to part ways to pursue their own separate ventures. Danon’s passion for fintech and fintech-adjacent startups led him to establish Rerail, with a target fund size of $20 million. He has already secured a first close slightly above that target and plans to raise more to reach the final amount.
Rerail’s investment strategy involves funding rounds ranging from $200,000 to $500,000, with a focus on providing value beyond capital. Danon’s extensive network of founders and operators, combined with his ability to open doors and offer valuable advice, sets Rerail apart as a valuable partner for early-stage startups.
As Danon embarks on this new chapter with Rerail, his goal remains clear – to support founders in their journey to success by leveraging his expertise and network in the fintech space. With a blend of experience, insight, and a collaborative approach, Rerail is poised to make a meaningful impact in the world of early-stage investing.
