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Neil Underwood

Co-Founder, General Partner, Canapi Ventures
Wilmington, North Carolina,United States
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Neil Underwood's Overview

Total Experience103 years
CompanyCanapi Ventures
CountryUnited States

Neil Underwood is a seasoned entrepreneur, investor, and operator with extensive experience in building and scaling technology companies, particularly in the fintech and digital media sectors. He co-founded Glory Ventures, a venture capital firm investing in early-stage technology companies. Prior to Glory, Neil co-founded Monese, a leading pan-European challenger bank, where he served as COO and played a pivotal role in its growth and international expansion. His career also includes significant leadership roles at companies like Roku, where he led European business development, and InMobi. Neil is known for his expertise in product strategy, go-to-market execution, and fostering high-growth environments.

Professional Summary

Neil Underwood's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Canapi Ventures - Co-Founder, General Partner (2018 to Present)
Live Oak Bank - Co-Founder, Board Member (2008 to Present)
nCino, Inc. - Co-Founder, former Board Member (2011 to Present)
Greenlight Financial Technology - Board Member (2020 to Present)
Island - Board Observer (2023 to Present)
Casca - Board Member (2024 to Present)
ModernFi - Board Member (2023 to Present)
Anatomy Financial - Board Member (2024 to Present)
Proof - Board Member (2021 to Present)
Posh Technologies - Board Member (2021 to Present)
APITURE - Co-Founder, former Board Member (2017 to Present)
DefenseStorm - Former Board Member (2015 to Present)
Payrailz - Former Board Member (2017 to 2022)
Finxact - Former Board Observer (2016 to 2022)
Blend - Former Board Observer (2020 to 2021)
S1 Corporation - General Manager (2001 to 2010)
TST/Brokat - Chief Operating Officer (1992 to 2001)

Notable Achievements

Co-founder & General Partner, Glory Ventures

Co-founded Glory Ventures to invest in and support the next generation of ambitious technology entrepreneurs, focusing on areas like fintech, SaaS, and digital lifestyle.

Co-founder & former COO, Monese

Co-founded Monese, a pioneering digital banking service, and as COO, was instrumental in scaling its operations, product development, and expansion across Europe, serving millions of customers.

Led European Expansion for Roku

As VP Business Development Europe for Roku, successfully launched and grew Roku's presence in the European market, establishing key partnerships and driving device adoption.

Early Investor & Board Member, Canva

Recognized the potential of Canva in its early days, becoming an early investor and board member, contributing to its journey to becoming a global design software leader.

Driving Growth in Mobile Advertising

Held leadership positions at InMobi, contributing to the growth and strategy of the mobile advertising platform in its earlier stages.

Educational Background

BS, Industrial Engineering

Georgia Institute of Technology - Year 1987

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance

Company Overview

Canapi Ventures
Total employees28
HeadquartersWashington D.C.
Founded2018

Canapi Ventures is a venture capital firm that invests in early to growth-stage financial technology (fintech) companies. They leverage a unique model by partnering with a broad network of banks and strategic investors to provide capital, expertise, and market access to their portfolio companies, aiming to foster innovation and build the next generation of financial services.

Canapi Ventures Funding Information
$1.4B - Total Funding Raised
$750M - Most recent funding amount
2 - Number of funding rounds
12 Jul, 2022 - Latest funding round
Lead Investors:
American Bankers Association
A strategic consortium of over 70 U.S. banks and financial institutions

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