Increase
fintech infrastructure · Seed at the time · increase.com
Passed Jul 8, 2025 by Priya Shah. That was 16 months ago.
Conviction for Harbor Street Ventures
85 / 100
De-risking 0.75, thesis fit 0.90, traction 1.00Why you passed
“too early on revenue, just a handful of design partners”
Priya Shah's note, word for word
- Partially de-risked
Too early on revenue
Cleared by: a new equity raise (news or form d)
- De-risked
No big customers
Cleared by: a partnership or a named enterprise customer
What changed
Akta news · Too early on revenueSep 25, 2026, 15 mo after the pass
CORRECTING and REPLACING Tekion, Increase, and Core Bank Partner to Bring Industry-First Embedded Banking to Automotive Retail
“Companies like Coast, Gusto, and Ramp rely on Increase technology to process more than $500B annualized in payments, card transactions, and loans.”
Weaker: a passing mention, or only the AI linked it to the pass risk. Source
Akta news · No big customersSep 25, 2026, 15 mo after the pass
CORRECTING and REPLACING Tekion, Increase, and Core Bank Partner to Bring Industry-First Embedded Banking to Automotive Retail
“Tekion Spend, built on Increase in partnership with Core Bank, provides the first fully embedded banking solution designed for automotive dealerships.”
Strong: about this company, and the event type matches the pass risk. Source
Akta news · No big customersSep 24, 2026, 15 mo after the pass
Tekion, Increase, and Core Bank Partner to Bring Industry-First Embedded Banking to Automotive Retail
“Increase is the exclusive provider of Tekion Spend for accounts and non-card money movement.”
Strong: about this company, and the event type matches the pass risk. Source
Akta news · Too early on revenueAug 31, 2026, 14 mo after the pass
August 2026: Top five new launch stories of the month
“Increase Bank will provide businesses with deposit accounts, payment services, and card issuing through the same API-based platform the fintech already offers to clients like Gusto, Ramp, and Stripe.”
Weaker: a passing mention, or only the AI linked it to the pass risk. Source
Akta news · No big customersAug 31, 2026, 14 mo after the pass
August 2026: Top five new launch stories of the month
“Increase Bank will provide businesses with deposit accounts, payment services, and card issuing through the same API-based platform the fintech already offers to clients like Gusto, Ramp, and Stripe.”
Weaker: a passing mention, or only the AI linked it to the pass risk. Source
Akta news · No big customersAug 7, 2026, 13 mo after the pass
UPDATE -- Vic.ai Partners with Increase to Power VicPay™
“Vic.ai, the AI-native autonomous finance platform, today announced a partnership with Increase and Core Bank to power VicPay™'s account and payment capabilities.”
Strong: about this company, and the event type matches the pass risk. Source
Akta news · No big customersAug 6, 2026, 13 mo after the pass
Vic.ai Partners with Increase to Power VicPay™
“Vic.ai, the AI-native autonomous finance platform, today announced a partnership with Increase and Core Bank to power VicPay™'s account and payment capabilities.”
Strong: about this company, and the event type matches the pass risk. Source
Re-engagement note
Approving sets the Affinity status to Re-engage and files the memo to the fund's Roundtable workspace. No email is sent.