Chip Mahan

Chip Mahan

Managing Partner atCanapi VenturesWilmington, NC

Chip Mahan is a managing partner who founded Live Oak Bancshares and co-founded nCino, with a career focused on banking innovation. He began at Wachovia Bank & Trust Co. in 1973 and holds a bachelor's degree in economics.

What Chip can write

Writes checks of$3M to $30M
Comes in atSeed, Series A, Series BCan lead the round
Ownership target10-12%At first check
Best routeA short note on LinkedInA warm intro from a founder they backed works better.

Canapi Ventures writes $3M to $30M checks, larger than 93% of firms in the atlas.

Bars: how many firms report each check band. Highlighted: Canapi Ventures.

Career

  1. Security First Network Bank · founder
  2. S1 Corporation · CEO and chairman
  3. Live Oak Bancshares · CEO and chairman
  4. Apiture · board of directors
  5. Payrailz · director
  6. nCino · co-founder
  7. Wachovia Bank & Trust Co.
    1973
  8. Canapi Ventures · Managing Partner
    Now

Companies founded

Live Oak BancsharesSecurity First Network BanknCino

Investments named in public bios

ApiturePayrailz

Focus

bankingcloud technologydigital paymentsfinancial servicesfintech

Education

Washington & Lee University, bachelor’s degree in economics

Before you pitch

Canapi Ventures does not invest inHardware, deep tech, non-US focus

Also at Canapi Ventures

Partners like Chip

At firms with a similar stage, sector and check size.

Alert me when Canapi Ventures is active

One email when Chip's firm raises a fund, adds a partner or shows new activity.

Founders and investors at a Mode VC gathering

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Raising a pre-seed or seed round? We write $1M to $5M first checks and help founders with distribution. A partner reads every deck.

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Questions

Who is Chip Mahan?

Chip Mahan is a managing partner who founded Live Oak Bancshares and co-founded nCino, with a career focused on banking innovation. He began at Wachovia Bank & Trust Co. in 1973 and holds a bachelor's degree in economics.

How much does Chip Mahan invest?

Chip Mahan invests through Canapi Ventures, which writes checks of $3M to $30M at seed, series a, series b.

How do I pitch Chip Mahan?

A warm intro from a founder Canapi Ventures backed works best. A short LinkedIn note with one line on traction is the next best route.

What did Chip Mahan do before Canapi Ventures?

founder at Security First Network Bank; CEO and chairman at S1 Corporation; CEO and chairman at Live Oak Bancshares; board of directors at Apiture; director at Payrailz; co-founder at nCino; Wachovia Bank & Trust Co..

Last updated 2026-10-15. Is this you? Ask for a correction.