# damien Balsan

> damien Balsan is a seed investor at TBD Angels (Woburn) backing FinTech and Privacy. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [TBD Angels](https://shizune.co/investors/profile/tbd-angels)
- Location: Woburn, United States
- Total investments: 3
- Last investment: Jul 2024
- Lead investor: 33%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/damienbalsan
- Website: http://firmly.ai

Damien Balsan is a repeat tech entrepreneur in Fintech with almost 30 years of experience and 3 exits close to $500M to Ingenico (Roam), Samsung (LoopPay to create SamsungPay and Apple (Mobeewave) and a co-founder of Firmly.ai and conexo ventures. Damien is an ex Orange, Gemalto, Nokia, PayPal and Samsung where he led Business Development invarious roles and graduated from MIT Sloan School of Management in 2002

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| FinTech | 1 | 33% |
| Privacy | 1 | 33% |
| Big Data | 1 | 33% |
| Software | 1 | 33% |
| Biometrics | 1 | 33% |

15 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 33% |
| Series A | 1 | 33% |
| Funding Round | 1 | 33% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Spain | 2 | 67% |
| United States | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Payflow | Payflow is an employee benefit that companies can offer to their employees. Payflow provides employees instant access to earned salary to improve their financial well-being. Companies benefit from improved productivity and engagement, with no impact on cash-flow.Payflow was founded in 2020, and it is a Rocket Internet backed venture based inSpain. | $6.5M |  | Jul 24, 2024 |  |
| TROOP (formerly TroopTravel) | TROOP is a data aggregation and visualization technology that helps corporations plan in-person meetings using data instead of opinions. It aggregates data around safety, service, sustainability, and savings. TROOP is the single source of truth that powers these decisions for worldwide organizations across numerous industries by delivering all ofthe data needed to make decisions on how to meet, whether it's COVID-related constraints, travel and lodging costs, or other factors. | $8M | Series A | Sep 30, 2021 |  |
| LoginID | LoginID is a cybersecurity company that adds biometrics security features to websites, applications, and eCommerce platforms.The company aims to be the global leader in protecting user identity, providing users secure control over personal information through a compliant decentralized network. LoginID’s solution solves these privacy andcompliance issues with three key pillars: Strong Customer Authentication, Data Privacy, and Tokenization of PII. LoginID provides a wide range of APIs and SDKs which give enterprises the ability to integrate FIDO-certified authentication in as little as 15 minutes. With LoginID, companies can integrate and scale strong authentication at low costs, while ensuring compliance with PSD2 and GDPR regulations. | $1.7M | Seed | Dec 01, 2020 |  |

3 of 3 investments shown.

## Co-investors
- [Top Seeds Lab](https://shizune.co/investors/profile/top-seeds-lab) — VC Fund, 2 deals together
- [6 Degrees Capital](https://shizune.co/investors/profile/6-degrees-capital) — VC Fund, 1 deal together
- [Acurio Ventures](https://shizune.co/investors/profile/acurio-ventures) — VC Fund, 1 deal together
- [Acurio Ventures](https://shizune.co/investors/profile/all-iron-ventures) — VC Fund, 1 deal together
- [ASLI RI](https://shizune.co/investors/profile/asli-ri) — VC Fund, 1 deal together
- [Cathay Innovation](https://shizune.co/investors/profile/cathay-innovation-fund) — VC Fund, 1 deal together

## About TBD Angels

VC Fund · Boston, United States

TBD Angels is a group of like-minded angel investors who thrive on sharing advice, guidance, and capital with talented entrepreneurs. TBD Angels provide critical advice and connections to jumpstart the companies it invests in.

5 contacts available at TBD Angels.

| Name | Title | Profile |
| --- | --- | --- |
| Erin Kutner McCafferty | Venture Investor | https://shizune.co/investors/profile/erin-kutner-mccafferty |
| Jason Burke | Founding Member | https://shizune.co/investors/profile/jason-burke |
| Adam Towvim | Angel Investor | https://shizune.co/investors/profile/adam-towvim |
| Bennett Collen | Angel Investor | https://shizune.co/investors/profile/bennett-collen |
| damien Balsan | Angel Investor | https://shizune.co/investors/profile/damien-balsan |

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does damien Balsan invest in?

damien Balsan invests primarily in FinTech, Privacy and Big Data startups, most often at Seed and Series A stage. Most of the 3 investments tracked by Shizune back companies in Spain. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did damien Balsan last invest?

The most recent investment recorded for damien Balsan closed in Jul 2024. Shizune tracks 3 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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