MAVA Ventures
An early stage investment fund operating out of NYC and focused on B2B SaaS and Fintech startups.
David has been investing in early stage start-ups for over 5 years now and the MAVA ecosystem has grown to 25+ total companies. Everyone on the team has entrepreneurial experience and we pride ourselves on being fast and founder friendly.
From our perspective, the most crucial and interesting years in a startup journey are the first 2/3 years. This is the time for survival, as well as the time for building the foundation of a future great company. For that reason, MAVA Ventures focuses on pre-seed and seed rounds. On a case by case basis, we do some follow-ons in the subsequent rounds. We believe that we are good partners at this early stage of a company because “we’ve been there” as ex and current entrepreneurs.
Who we are
David Mortamais
Managing Partner
David founded LTI Telecom in 1998 when he saw the opportunity being created by the deregulation of the French telecom industry. LTI Telecom was a B2B alternative telecom carrier and provided service bundles to SMEs. David grew the company to over 120 employees and €30M in ARR before LTI Telecom was acquired by Altice in 2013.
David now divides his time between helping founders in the MAVA portfolio using his expertise and deep networks in B2B Sales and leveraging his experience as a founder to evaluate new early stage investment opportunities.
Sergio Bazoberry
Venture Fellow
Upon earning his B.S. in Biology from Boston College, Sergio led product for his family’s bootstrapped FinTech startup, World Data Transactions. There, he sought to reduce the cost of international money transfers by digitizing the value chain through a mobile wallet. Sergio then worked as a consulting manager within Accenture’s Payments Practice and helped financial institutions with their digital transformations. He started his venture career in business school, where he leads the financial inclusion deal team for NYU’s Impact Investment Fund.
At MAVA Ventures, Sergio is focused on sourcing, qualifying new investments, and performing due diligence for opportunities in the B2B SaaS and FinTech space. Sergio is an MBA candidate in his final semester at NYU Stern School of Business.


