Vic is a tenured venture capitalist with decades of broad professional experience creating and executing strategic venture capital programs. He has a top-decile investment track record. Vic has facilitated over $750M in venture capital and M&A transactions in fintech, insurtech, financial services, and technology industries.
Vic Pascucci III, Energy Capital Ventures’ Managing General Partner, is accountable for the day-to-day operations and strategic direction of the firm.
Vic has led and managed venture investments in numerous multi-billion-dollar companies and category defining leaders including Coinbase (NASDAQ:COIN), ID.me, MX, Extend, Personal Capital (acquired by Empower Retirement), TRUECar (NASDAQ: TRUE), Next Insurance, Care.com (NYSE: CRCM) and Clearcover. With over 20 years’ experience in venture capital and financial services encompassing over $750 million in VC and M&A transactions, he has achieved a top-decile investment track record. Vic is on the board of ID.me, an advisor to Paceline, and a Strategic Advisor to IA Capital.
Prior to Energy Capital Ventures, Vic was the Managing Partner of Lightbank where he was responsible for managing investments in Clearcover, Extend, Paladin Cyber and BillTrim. At Lightbank, Vic served on the boards of Sprout Social (NASDAQ: SPT), Snapsheet, CarLease.com, Hatch Loyalty (acquired by Mobivity), Udemy, Ionic, Blueprint, Hireology, NuBundle, Fooda and BenchPrep. Prior to Lightbank, Vic built and led USAA’s $330 million corporate venture capital program. At USAA, Vic directed investments and served on the boards of Narrative Science, TRUECar (NASDAQ: TRUE), Care.com (NYSE: CRCM), ID.me, Automatic Labs (acquired by Sirius XM), Prosper Marketplace, Personal Capital (acquired by Empower Retirement), Coinbase (NASDAQ:COIN), MX, Roost, Cartera Commerce (acquired by Ebates/ Rakuten), Roostify, RepairPal, Saffron Technologies (acquired by Intel Corp.), CafeX, MindMeld (acquired by Cisco) and VAST (acquired by Vroom). He also held responsibility for USAA’s M&A, joint ventures and intellectual property transactions. While at USAA, Vic served as a Strategy & Transformation Executive where he architected a multi-year, cross-functional, multi-billion-dollar digital enterprise-wide transformation plan. Originally, Vic was counsel to USAA’s CIO, CTO, CISO, Chief Fraud Officer and Head of Business Operations. After USAA, he was an Investment Director/Partner with Munich Re Ventures in San Francisco where he was responsible for their investment activities in insurtech including Trov, Super, Slice Labs and Next Insurance.
Vic’s early career includes leadership positions in Chicago start-ups and law. Within the Chicago tech community, he is a board member of ChicagoNext and P33. Vic served as chairman of the National Venture Capital Association’s (NVCA) Education Committee for the Corporate Venture Group and served on the Board of Advisors for the NVCA. Vic has been featured in Andrew Roman’s best-selling book “The Masters of Corporate Venture Capital.” He has consulted and advised multiple corporations on innovation, venture capital and corporate venture capital.