Live Oak Ventures

Modernizing banking for America's small businesses

OUR INVESTMENT STRATEGY

At Live Oak Ventures, we seek out fintech companies that aim to bring innovation and disruption to the banking industry. By investing in companies that accelerate the delivery of open digital solutions to the market, Live Oak Ventures intends to change the landscape of financial services and small business banking. All of this is in service of our mission to be America’s Small Business Bank.

We identify and invest in opportunities that align with Live Oak Bank’s strategic vision. We believe banks need to continue to evolve to compete and best serve customers’ needs. As a result, Live Oak is dedicated to investing in and building solutions that are open, agile and allow for future innovation.

Our investment strategy has three focus areas:

Bank Infrastructure

Solutions that seek to modernize our data infrastructure and deliver differentiated digital banking experiences for customers.

Partnerships

Verticalized software solutions that recognize the power of bringing banking solutions directly to customers.

Incubation

Opportunities that can be developed internally and leveraged commercially where applicable.

“We invest in companies that are material to Live Oak’s strategy. These are companies that will positively impact Live Oak’s ability to deliver our goals, as well as where we can move the needle on the success of the company. This should be strategic for both of us.”

– Stephanie Mann, EVP, Chief Strategy Officer

LIVE OAK VENTURES PORTFOLIO COMPANIES

AgencyKPI offers an integrated business intelligence platform for collaborative planning, operational efficiencies, and benchmarking in the insurance industry.

Explore AgencyKPI

Anatomy automates financial workflows using AI to convert EOBs to ERAs, modern lockbox solutions to digitize payments and mail, and seamless integrations to automate bank reconciliation and posting.

Explore Anatomy

Apiture’s digital banking platform offers best-in-class online and mobile banking solutions for banks and credit unions.

Explore Apiture

KWIPPED, Inc., d/b/a APPROVE is a B2B equipment marketplace that enables equipment manufacturers and distributors to integrate financing into the equipment buyer’s journey.

Explore KWIPPED

DefenseStorm provides cyber security, cyber compliance, and cyber fraud solutions specifically built for banking.

Explore DefenseStorm

Pharmacy Marketplace utilizes smart technology to guide independent pharmacists through informed real-time drug purchasing in one smart, simple platform.

Explore Pharmacy Marketplace

Savana is powering next-generation, customer-centric banking operations with the first and only Digital Delivery Platform.

Explore Savana

Uplinq’s machine learning technology provides small business bookkeeping solutions through AI and data automation.

Explore Uplinq

Vantaca provides management software and services to deliver real ROI for association management companies.

Explore Vantaca

“As long-term investors, we understand that it takes time to transform entire industries. Our aim is to build alongside you every step of the way with trusted counsel and relevant resources, while approaching every interaction with empathy and integrity. You are the ultimate change agent, and we strive to treat all our founders like the only founder.”

– Michael Lee, Director, Live Oak Ventures

LIVE OAK VENTURES EXITS

Live Oak Ventures has a successful track record, with over 9x returns, including recent exits in Finxact and Payrailz for over $1BN combined.

Finxact is the leader in Core as a Service, innovating the first enterprise class cloud-native Core-as-a-Service platform with a 100 percent accessible open banking API.

EXITED 2022: Acquired by Fiserv

Payrailz offers smart and engaging payment experiences for the financial services industry.

EXITED 2022: Acquired by Jack Henry

HEAR FROM OUR PARTNERS

“As both an investor and a client, Live Oak has proven to be an invaluable resource to Apiture as we work to deliver best-in-class digital banking solutions to U.S. banks and credit unions. Leveraging its expertise as successful innovators and entrepreneurs, Live Oak has actively engaged with us to help create the solutions that financial institutions need to best serve their customers.”

– Chris Babcock, CEO, Apiture