Early and growth-stage investor, B Capital, has announced three new partner appointments, effective January 2022. Matt Levinson and Karan Mohla have joined the firm to oversee fintech, and India and Southeast Asia, respectively. Adam Seabrook, who joined B Capital in 2015, has been promoted to partner, overseeing healthcare.
All three positions are newly created and underscore B Capital’s commitment to building a team with deep sector and geographic expertise in order to invest in companies with the potential to transform industries, a spokesperson for B Capital told FinanceAsia.
Founded in 2015, the firm currently has $3.5 billion in assets under management and a portfolio of around 120 startups in the digital innovation space. It is headquartered in California, but the company has offices elsewhere in the US, China, India and Singapore.
Levinson is based in San Francisco and reports to Sami Ahmad, general partner focussed on growth investments, the spokesperson said. He joins from US venture capital firm Fintech Collective, where he was principle, and was previously part of the founding team for a drone technology start-up and an associate at LEK Consulting.
Mohla is based in India and reports to general partner, Karen Page, who is focussed on early-stage investments. He was most recently partner and executive director at Chiratae Ventures (formerly IDG Ventures India), where he spent 11 years.
“India has generated significant growth over the last two decades, led in part by a technology sector known for its strong entrepreneurial spirit and talent…Karan is the first partner focused on identifying innovative early-stage companies in India and Southeast Asia,” the spokesperson said.
Seabrook joined B Capital in 2015 as a senior associate and was most recently principle. His healthcare investments for the firm include Evidation Health, Notable Labs, and SilverCloud Health. In his new role, he is charged with identifying later-stage opportunities in digital health, health IT and new models of health insurance, with a focus on companies that seek to transform patient experience. He is based in Los Angeles and reports to general partner Robert Mittendorff, whose focus centres on growth investments.
