Core Innovation Capital Backs Vouch For Social Lending

Los Angeles-based venture investor Core Innovation Capital is one of the lead companies in a Series A investment in Vouch, a consumer lending startup which offers up consumer loans based on if a users' social network will "vouch" for that users' credit-worthiness. Vouch said it raised $6M in the Series A, which came from Core Innovation Capital, Data Collective, Stanford StartX Fund and Cooley LLP along with First Round Capital, Greylock, IDG Ventures and AngelList. Core Innovation Capital's investment in San Francisco-based Vouch was led by Arjun Schutte. More information »