about us

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Newbean Capital is a registered investment adviser that manages early stage venture capital mandates on behalf of institutional clients.

Newbean Capital’s founder - Nicola Kerslake - has spent more than 20 years in investment banking, research and management in Europe, Asia and the US. After spending time as a rated equity analyst at ABN Amro Hoare Govett in London, she led a team of equity analysts in Asia, achieving top 3 ratings in independent analyst rankings. In the US, she has managed hedge fund portfolios at a subsidiary of Monitor Deloitte and managed and established private equity and real asset platforms for SEI Investments. Her coverage sectors have included traditional and renewable energy, chemicals, water, agriculture, farmland, and forestland.

Since 2013, Nicola has managed a venture fund – Battle Born Venture - for US Treasury’s SSBCI program.  The fund’s unique “blind” investment process has led to a higher-than-average investment in minority and women entrepreneurs.  Investment areas include fintech, edtech, ecommerce, niche consumer and software.  Its second, 2023 vintage, fund is more than five times the size of its first.

In 2022, Nicola stood up a $200m venture fund and fund of funds, focused on underserved populations, for California’s iBank, a first for the State of California.

Newbean Capital has created a compliance and reporting software platform – Newbean Comply – that supports states in their reporting to US Treasury.  Elsewhere, Nicola has developed software platforms in edtech, fintech and marketplaces.  These incorporate ecommerce, CRM, community development and AI techniques.

A graduate with honors of Magdalen College, Oxford, where she studied politics, philosophy and economics, Nicola also holds Chartered Financial Analyst (CFA) qualification. Her work has been featured in leading financial media, including the Wall Street Journal and Financial Times.

our projects | Battle Born Venture

Battle Born Venture is Nevada’s state venture capital program. It makes equity investments in early stage, high growth Nevadan enterprises. It invests alongside institutional firms, such as, Greycroft Partners and 500 Startups, and has appeared in national media, such as the Wall Street Journal, Entrepreneur Magazine and TechCrunch. The fund has celebrated five exits to date, including one to a tech major. It began investing out of its second fund in spring 2023. Newbean Capital is the investment manager for the program.

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our projects | Battle Born Growth

Battle Born Growth is Nevada’s SSBCI 2.0 program, covering seven investment options, from collateral support and commercial loans to accelerator programs, microloans and venture capital. Newbean Capital built a platform for the program that both highlights each program and allows Nevada’s entrepreneurs to find their funding match through an interactive quiz.

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our projects | Newbean Comply

Newbean Comply is a platform that simplifies compliance and reporting for US Treasury’s SSBCI 2.0 program. It reduces entrepreneur’s confusion with unfamiliar government terms and truncates the time needed to complete pre-deal certifications from hours to under ten minutes. It frees program managers from endless .pdfs and emails, pre-deal docs arrive ready formatted in a single download. The platform collates reporting data in real time, reducing complex reporting requirements into a simple .xlsx or .pdf download.

go to website

our projects | Battle Born Venture

Battle Born Venture is Nevada’s state venture capital program. It makes equity investments in early stage, high growth Nevadan enterprises. It invests alongside institutional firms, such as, Greycroft Partners and 500 Startups, and has appeared in national media, such as the Wall Street Journal, Entrepreneur Magazine and TechCrunch. The fund has celebrated five exits to date, including one to a tech major. It began investing out of its second fund in spring 2023. Newbean Capital is the investment manager for the program.

go to website

our projects | Battle Born Growth

Battle Born Growth is Nevada’s SSBCI 2.0 program, covering seven investment options, from collateral support and commercial loans to accelerator programs, microloans and venture capital. Newbean Capital built a platform for the program that both highlights each program and allows Nevada’s entrepreneurs to find their funding match through an interactive quiz.

go to website

our projects | Newbean Comply

Newbean Comply is a platform that simplifies compliance and reporting for US Treasury’s SSBCI 2.0 program. It reduces entrepreneur’s confusion with unfamiliar government terms and truncates the time needed to complete pre-deal certifications from hours to under ten minutes. It frees program managers from endless .pdfs and emails, pre-deal docs arrive ready formatted in a single download. The platform collates reporting data in real time, reducing complex reporting requirements into a simple .xlsx or .pdf download.

go to website

© 2013-July 14, 2024. Newbean Capital. All Rights Reserved.

© 2013-July 14, 2024. Newbean Capital. All Rights Reserved.