51 - 150 in alphabetical order of CVC unit: Jaidev Shergill, senior vice-president and head, Capital One Ventures
Jaidev Shergill was picked to lead US-based financial services firm Capital One’s corporate venture capital (CVC) subsidiary, Capital One Growth Ventures – now Capital One Ventures – in 2014.
The unit was created to make early-stage investments in financial technology companies in order to drive innovation and growth across the parent company. Capital One Ventures is involved in investments, acquisition identification, technology and business partnerships, startup incubation, collaboration with venture capital, and venture studios.
Among Capital One Ventures’ 16 exits to date, e-commerce fraud detection software developer Riskified and lending software provider Blend Labs went public on the New York Stock Exchange while banking services provider Dave conducted a reverse takeover with special purpose acquisition company VPC Impact Acquisition Holdings III, all taking place in mid-2021.
The unit has 65 portfolio companies at present, including workforce analytics platform Brightfield, enterprise data analyst Enigma, SnapLogic, a cloud-based data integration platform, and PebblePost, a businesses which helps companies optimise their direct marketing efforts. The unit invested in 25 companies in 2021.
Prior to taking on his current role, Shergill had overseen digital venture investing and startup business development for Capital One from 2012, and was previously president of Citi Ventures, the corporate venturing arm of financial services firm Citigroup, from 2007 to 2009, when he left to found and run Bundle, a consumer-facing, big-data startup.
Previously, Shergill worked in the US and the UK across several financial services firms including Credit Suisse, Lansdowne Capital and Deloitte, after getting an MBA at Insead and an engineering degree at Northwestern University.