TLDR:
- Alex Cochand has joined SEI Ventures as a director, bringing his experience from Avios and QVentures.
- SEI Ventures invests in financial technology developers focusing on wealth management, capital markets, insurance, lending, banking, and blockchain technologies.
Alex Cochand, who previously helped Avios launch its startup investment program, has joined SEI Ventures as a director. SEI Ventures is the corporate venture capital arm of US financial services firm SEI Investments Company, focusing on investing in financial technology developers in various sectors such as wealth management, capital markets, insurance, lending, banking, and blockchain technologies. The firm typically provides funding ranging from $1 million to $10 million per deal from series A to B rounds. SEI Ventures’ current portfolio includes investments in corporate bond market data platform BondCliQ and AI-equipped open banking service Bud.
Prior to joining SEI Ventures, Cochand spent three and a half years at venture capital firm QVentures, where he held the position of partner. He also played a crucial role in launching Avios Ventures, the corporate venturing unit of loyalty rewards program operator Avios, while working as a manager at investment manager Downing Ventures in 2017. SEI Ventures has not disclosed any new investments following the announcement of its deals in 2022, indicating potential new ventures in the near future under Cochand’s leadership.
