Billy Libby brings a quantitative trading background from Goldman Sachs' electronic trading group to venture capital, importing data-driven underwriting methods from public markets to create hybrid credit-equity structures for private companies. He champions the philosophy that it's not how much you raise, it's how much you own, designing credit facilities that let founders finance predictable revenue streams and working capital needs without diluting equity ownership.
About their Fund
Sectors
Fintech, Ecommerce, Logistics, Marketplaces, SaaS
Rounds
Seed - Series A
Avg Check Size
$5M - $10M
Notable Investments
Upper90 is a hybrid credit and equity fund that requires both components in every deal, allowing them to structure bespoke credit against specific revenue streams while helping founders "skip or delay your Series A" to retain more ownership. Their LP base consists of 300+ founders and operators who drive deal sourcing, and they focus on data-predictable cash-flow businesses where they can provide large credit lines (sometimes 10x+ the equity raised) against predictable revenue streams.
Other partners at the fund
Notable Fund
Investments
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Popular Investors
investor name
Active in
Rounds
Avg. Check
Links
Deeptech / Hardware
Robotics
Biotech
+
12
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Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
+
2
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Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
+
4
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Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
7
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Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
2
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Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
+
2
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Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
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