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Element Ventures is a venture capital firm that specializes in early-stage investments in the B2B financial technology (fintech) sector. Founded in 2019 by Steve Gibson and Michael McFadgen, with Spencer Lake joining later, the firm has dual headquarters in London, UK, and Provo, Utah, USA. Originally established as Peak Ventures in 2008, it rebranded to Element Ventures to reflect its broader European focus. The firm raised a $130 million fund in 2021 to support fintech businesses, typically investing between $1 million and $8 million per deal. Element Ventures provides capital investment, s