DLA Piper advises ResilienceVC in Close of Oversubscribed Debut Fund with US$56 million

DLA Piper advised ResilienceVC, a seed-stage venture capital firm that invests in fintech startups focused on financial resilience for Americans, in the closing of its debut, oversubscribed fund, with the firm’s total assets under management standing at over US$56 million.

The inaugural fund attracted a diverse range of strategic investors. The capital secured will be used to invest in fintech solutions driving financial resilience across the US. Founded by Tahira Dosani and Vikas Raj, ResilienceVC combines decades of experience in fintech venture capital, operational leadership and financial services innovation.

“It was a pleasure to advise ResilienceVC on the closing of this oversubscribed fund and provide our industry-leading investment funds experience to a new emerging venture capital manager,” said Adam Tope, the DLA Piper partner who led the deal team.

In addition to Adam Tope (New York), the deal team included partner Witold Jurewicz and of counsel James Manzione (all in New York).

The firm’s global investment funds team provides a dynamic, integrated service to sponsors, fund managers and institutional investors, supported by the firm’s international tax and regulatory networks. The team advises clients on the full spectrum of private investment funds, all major investment strategies and all stages of a private investment fund's life cycle.