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Encourage Capital — Seed & Series A VC Firm

VC
Profile updated November 2026Website

Encourage Capital is a Seed, Series A venture capital firm investing in Fintech. The firm has 23 portfolio companies in our records.

Portfolio
23 companies on record
Partners
5 listed
AUM
$250M
Stage
Seed, Series A
Sectors
Fintech
Check size
Not in our records

Last verified: 2026-11-07

How to approach: warm intro preferred
Stage

Seed, Series A

AUM

$250M

Portfolio

23+ companies

Team

5 partners

Investment Thesis

Impact-oriented investor that often supports industrial and environmental solutions tied to compliance, risk reduction, and operational improvement. Relevant where safety and environmental workflow overlap.

How Encourage Capital invests

Encourage Capital is a vc firm. The firm invests at the Seed, Series A stages, with a focus on Fintech.

Encourage Capital manages approximately $250M in assets. Our records include 4 funds raised by the firm.

Investing since at least 2008, Encourage Capital has backed 23 companies in our records, including National Stock Exchange of India Limited, Repco Home Finance Ltd., DCB Bank Limited.

Partners & Team

BS

Brad Schwartz

Chief Financial Officer

AW

Adam Wolfensohn

Managing Partner

UP

Undisclosed partner team

Partner

environmental compliance
industrial risk
TA

Tarun Arora

Partner

AB

Ameya Bijoor

Partner

Industry Focus

Invests In

Fintech

Funds

Encourage Capital IV

$150M2022
actively investing

Encourage Capital III

$150M2020
fully deployed

Encourage Capital II

$150M2018
fully deployed

Encourage Capital I

$100M2014
fully deployed

Recent Activity

Raised Encourage Capital IV ($150M)

2022 · fund records

Raised Encourage Capital III ($150M)

2020 · fund records

Raised Encourage Capital II ($150M)

2018 · fund records

Raised Encourage Capital I ($100M)

2014 · fund records

Invested in National Stock Exchange of India Limited

2013 · portfolio records

Invested in Moscow Exchange

2012 · portfolio records

Invested in Ujjivan Financial Services Private Limited

2012 · portfolio records

Invested in Repco Home Finance Ltd.

2012 · portfolio records

Portfolio Companies (23)

2013

NA

National Stock Exchange of India Limited

Financial Services·Unrealized

NSE is the dominant equities exchange in India, and is one of the leading equity derivatives exchanges in the world.

2012

RE

Repco Home Finance Ltd.

Financial Services·Realized

Repco is a leading housing finance company in India with a strong regional presence and brand.

DC

DCB Bank Limited

Financial Services·Realized

DCB is a modern, emerging new generation private sector bank in India.

MO

Moscow Exchange

Financial Services·Realized

The Moscow Exchange is Russia’s national exchange and enables trading across a diverse range of financial products.

UJ

Ujjivan Financial Services Private Limited

Financial Services·Realized

Ujjivan was amongst the largest microfinance institutions in India when it converted into a Small Finance Bank.

2011

BT

BTG Pactual Group

Financial Services·Realized

BTG Pactual Group is an investment bank and asset and wealth manager with a dominant franchise in Brazil.

OP

OPX Biotechnologies

Biotechnology·Realized

OPX has developed proprietary technology to produce economic, bio-based chemicals.

ME

Meritum Bank ICB S.A.

Financial Services·Realized

Meritum is a new generation bank in Poland focused on underserved consumers and micro-enterprises.

2009

BA

Banco Daycoval S.A.

Financial Services·Realized

Daycoval is a leading middle market bank in Brazil, focused on underserved small and medium-sized enterprises.

2008

OD

Odebrecht Agroindustrial

Energy·Realized

ODB Agro, formerly known as Brenco, is an ethanol producer in Brazil.

How to pitch Encourage Capital
  • •Raising at Seed, Series A? You're squarely in their sweet spot.
  • •Lead with your fit in Fintech — the sectors they actively back.
  • •warm intro preferred
  • •Address your outreach to a specific partner, such as Brad Schwartz, Chief Financial Officer.
  • •A warm introduction beats a cold email. Get matched and request an intro.

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