Why We Invested · Kleiner Perkins
Investment thesis
Kleiner Perkins supported Hatch from its inception in their offices through its Seed and Series A rounds.
We’re excited to have been privy to Hatch’s formation in our offices and to support them from Seed to Series A.
Product
Hatch offers a business checking account that can be created in 10 minutes, featuring cashback rewards and no NSF fees.
A Hatch Business Checking account can be set-up in as little as 10 minutes, and comes with no NSF fees and cashback rewards.
Traction
Hatch is currently serving thousands of small business owners.
Hatch is already supporting thousands of business owners who have the grit and passion to succeed, and build a better economy for everyone.
Team
Hatch founder Thomson Nguyen previously led data science at Square Capital, gaining experience in fintech solutions for underserved businesses.
During his time leading data science at Square Capital, Thomson Nguyen saw firsthand how fintech can give small businesses solutions that they might otherwise be financially excluded from.
What founders can learn
- The traction evidence that carried weight: Kleiner Perkins wrote that Hatch is currently serving thousands of small business owners.
- How the team was judged: Kleiner Perkins wrote that Hatch founder Thomson Nguyen previously led data science at Square Capital, gaining experience in fintech solutions for underserved businesses.
Source and provenance
Why We Invested published by Kleiner Perkins on kleinerperkins.com (first-party source). Read the original
