Asset Manager

Updated:

Economic Leads

Asher Remy-Toledo leads Economic Leads, a New York VC backing early-stage companies that build the economic infrastructure for the global remote workforce.

Economic Leads

Economic Leads launched in New York to invest at the intersection of compliance automation and global employment, ahead of the remote-work wave that accelerated during the pandemic. Asher Remy-Toledo, a former operator and angel investor, co-founded the firm to back companies that replace manual, paper-based international processes with programmable infrastructure. The firm operates as a venture capital fund, not an incubator or advisory shop. The firm deploys early-stage capital, primarily seed and Series A, into companies modernizing economic rails. Its portfolio spans fintech, HR tech, and regulatory technology, with a focus on platforms handling cross-border payroll, contractor classification, and entity management. Known positions include Deel, the global hiring and payments platform, and Remote, its direct competitor (per public record). Geographic focus is global by definition — the thesis requires companies serving dozens of countries from day one, with particular activity in Europe and Latin America. Team size and total assets are not publicly disclosed. The firm maintains a low public profile, with no known parallel vehicles, philanthropic foundations, or co-investor clubs. Remy-Toledo occasionally writes publicly about distributed work and venture strategy. In recent years, Economic Leads has supported portfolio companies navigating the rapid consolidation of the global HR tech sector. A genuine structural differentiator is the firm's narrow thesis depth. By specializing exclusively in the software layer that enables cross-border employment, Economic Leads avoids generalist VC competition and builds founder relationships through regulatory fluency. This concentrated expertise functions as a sourcing advantage, attracting companies that require investors to understand multi-jurisdictional compliance before writing a check.

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, NY, United States

Principals

Asher Remy-Toledo

Co-Founder and Chief Investment Officer

Yves Behar

Co-Founder

Sector focus

Venture CapitalEnterprise SoftwareAI/MLDigital HealthClimateTech

Frequently asked questions

Who runs investment decisions at Economic Leads?

Asher Remy-Toledo, Co-Founder and Chief Investment Officer, leads investment decisions. He has an operator background and was investing as an angel before co-founding the firm. His public writing on distributed work and venture mechanics provides transparency into his investment philosophy.

How does Economic Leads source proprietary deal flow?

The firm sources deals through deep expertise in cross-border regulatory complexity. By understanding multi-jurisdictional compliance at a granular level, Economic Leads attracts founders building in this space who seek investors that grasp the operational challenges from the first meeting. Generalist VCs often lack this specific fluency.

What investment stages does Economic Leads typically target?

Economic Leads targets early-stage companies, primarily seed and Series A rounds. The firm enters at the point where a startup's cross-border infrastructure product has early traction but requires capital to scale across dozens of jurisdictions simultaneously.

Which sectors does Economic Leads explicitly avoid?

The firm's narrow thesis excludes most sectors of the economy. Economic Leads does not invest in consumer apps, deep tech unrelated to compliance, or enterprise software that lacks a cross-border regulatory component. The portfolio is deliberately concentrated around economic infrastructure for distributed teams.

Does Economic Leads maintain philanthropic structures, and how are they separated?

No philanthropic structures or foundations are publicly associated with Economic Leads. The firm operates solely as a venture capital vehicle with no known parallel entities, keeping investment activity distinct and unblended with non-profit work.

What is the relationship between Economic Leads and the design firm Fuseproject?

Co-founder Yves Behar is the founder of Fuseproject, the prominent industrial design firm. Behar's design expertise and network provide Economic Leads with a perspective on user experience in regulated industries, but Fuseproject operates as an entirely separate entity with no shared management or investment mandate.

Is Economic Leads structured as a single family office or does it operate more like a venture firm?

Economic Leads operates as a standard venture capital firm managing external capital, not as a family office. It raises funds from limited partners and deploys them according to its thesis. The firm does not publicly disclose its LP base or fund sizes.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on family offices?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo