1/0 Capital, LLC

WHAT WE DO

1/0 Capital is a Venture Investor and Business Incubator intensely focused on the convergence of technology, consumer credit, and product development. We build products to fill poorly-addressed market needs, invest in companies where people we respect share our vision, and buy assets most investors don't understand. This year our portfolio companies will extend over a billion dollars of capital to improve the lives of consumers while creating value for our partners and investors.

WHO WE ARE

We are a scrappy group of entrepreneurs, technologists, designers and scientists who've taken companies public, lead at Google, Spotify, BCG and Bridgewater (to name a few) and followed our dogs as we've walked them around NYC. We have fun, love what we do and care deeply about building a future where technology and finance converge to benefit consumers and investors. We take on challenges other companies think are too difficult, and take pride in winning over our skeptics through successful innovation. We take on serious and fascinating problems without taking our selves too seriously - though one of us is currently a Rhodes Scholar and we tease him accordingly :)

OUR PORTFOLIO COMPANIES

Climb Credit
We started Climb to fund high-ROI competency-based education: coding bootcamps, MOOCs and high quality certificate programs, with the belief that financing higher education in the US needs to consider post-graduation outcomes. Climb is now the fastest growing education finance company in the United States. Leveraging the team’s 15 years of student lending experience, we have created the first aligned-incentive higher education finance platform, where schools, investors and students share in the risks and rewards of higher education — all with a focus on improving return on education for students.

Better Mortgage
We are building a next generation system for real estate transactions. We are taking the traditional mortgage bank, turning it inside out, replacing subjective decisions with data-driven algorithms and statistical models. Every day, we crunch terabytes of data to do real-time decision making for underwriting, appraisals, default risk modeling, and much more. We originate mortgages for hundreds of millions of dollars monthly, improving the search, transaction and financing process for tens of thousands of Americans.

Future Finance
After extensive market research, leveraging decades of experience in student lending, Future Finance was started in 2013. It is now the fastest growing and largest non-government student lender in Europe, deploying deep experience in consumer marketing, credit analytics, future income modeling, repayment capacity prediction and capital markets to help fund Europe’s 50 BB+ annual education financing gap.

Phoenix
A pre-eminent consumer credit and real estate analytics and investment platform, leveraging the skill sets of some of the most sophisticated traders, securitized product analysts, and top data technologists. Having compiled one of the largest real-time datasets of real estate and consumer information, we can more accurately analyze, predict and optimize the performance of loans and securities for governmental agencies, insurance companies, hedge funds and private real estate investors. We are

SOME OF OUR INVESTMENTS

Zopa
A pioneer in peer to peer lending in the United Kingdom, started in 2005. Currently the company is lending over GBP 660 MM to over 80,000 consumers from over 57,000 investors.

PeerIQ
A financial services company creating proprietary tools to analyze, access and manage risk in the peer-to-peer lending sector.

Fenway Summer
A unique consumer credit advisory and investment business, founded by Raj Date, the former Deputy Director of the Consumer Finance Protection Bureau.

Career Concept
The world's largest funder of human capital contracts, wherein students exchange a fraction of their future income in exchange for capital to fund education.