Nyca Partners Overview
Nyca Partners is a venture capital firm which primarily invests in financial services companies in which tech is their competitive distinction.
Their mission is to connect startup founders and financial institutions.
With assets under management just below $1 billion and over 100 portfolio companies, Nyca is considered one of the leading fintech VC firms in the world.
Nyca Partners uses its unique Limited Partner Advisor model to bring together 100+ most respected people in financial services, academia, and technology as advisors and investors to help their portfolio companies.
John Morris founded Nyca Partners in 2014. The firm is based in New York, NY, USA.
Nyca Partners AUM
According to the official website of Nyca Partners, the firm has $870 million in assets under management.
Nyca Partners Interview Process & Questions
Firms can make modifications in their interview process for each candidate. However, when you interview at Nyca Partners (or similar firms), you can expect the following:
- Around 4-6 rounds of interviews
- Junior investment professionals supervise the initial rounds, while the senior staff handle the later phase of the interview.
- The whole process can take multiple weeks – unless it’s an on-cycle or on-campus recruiting
Interviews at Nyca Partners will be a mixture of a set of questions: fit, behavioral, and technical / investing.
Need help preparing for interviews? My Growth Equity Interview Guide is right for you.
Why Nyca Partners
The most common question you’ll receive during interviews is “Why this firm”.
If you’ve done networking prior to your interviews, this is your chance to mention whoever you’ve met and how they’ve positively influenced your decision to apply at their firm.
Also, I would recommend learning more about the firm. A great way to do this is to listen to interviews with its founders, investors, and employees.
For starters, here’s an interview with Hans Morris, Managing Partner of NYCA Partners:
More Interviews
- Isabel Steinhaus, Investor at Nyca Partners, shares advice to young professionals
- TechCrunch Gregg Schoenberg interviews Hans Morris, Managing Partner of Nyca
Nyca Partners Case Study
Case studies almost always show up during interviews at firms like Nyca Partners. The reason is firms use case studies to evaluate each candidate’s technical and communication skills – both crucial to investor’s success.
Most case studies revolve around investment recommendations and financial modeling. But for junior roles, cold calling case study may also be required.
For case study preparation, check out my Growth Equity Interview Guide.
Nyca Partners Salary & Compensation
According to a previous job listing, associates at Nyca Partners earn a base salary of $130,000 to $150,000. This figure may vary depending on several factors such as location, experience, and education. There is no recent salary data available for analyst hires.
Nyca Partners Careers, Jobs, & Internships
To stay updated with open roles at Nyca Partners (or similar firms), visit our job board which features promising opportunities for them and other growth / VC firms.
Nyca Partners Portfolio & Investments
According to Crunchbase, Nyca Partners has made 154 investments across three funds. Some of their notable deals include Duetti, Necto, and Tenet.
Notable Transaction: Coverdash
Coverdash is an InsurTech firm which addresses a critical gap in the market – 75% of U.S. businesses are underinsured.
They aim to provide cost-effective, accessible insurance solutions which help companies save around 30-40% on insurance costs.
In February 2024, Coverdash secured $13.5 million in a Series A funding led by Nyca Partners, with participation from Tokio Marine Future Fund, AXIS Digital, Cameron Ventures, and more.
The investment helps Coverdash to expand their partner network, grow their team, and improve their insurance solutions.
Next Steps
If you decide to send your application and build your investing career at Nyca Partners, I would highly recommend that you check out my Growth Equity Interview Guide first before attending interviews.
Growth Equity Interview Guide helps professionals get a good grasp of topics that are typically covered during interviews such as financial modeling, case studies, and more. Check it out and start learning today!