Palm Drive Capital
Venture capitalNew York · Pre-Seed–Seed · 5 people tracked
Also known as PALM DRIVE CAPITAL LLC
Investment thesis
Palm Drive Capital focuses on early-stage investing, typically from pre-seed to seed, and often provides founders with their first check. The firm emphasizes high-conviction, decisive investing and moving quickly when it backs a company. Beyond capital, Palm Drive positions itself as a hands-on partner, leveraging its network and 'relationship intelligence' to make valuable customer introductions, connect founders with talent, and provide strategic guidance and go-to-market support. It aims to feel more like fellow entrepreneurs than traditional investors, backing founders early and doubling down at pivotal moments.
Source: firm website, verified Aug 25, 2026.
Team · 5 people
from the firm's website & curated & public directories
Founder mafia
2 people who came through Palm Drive Capital went on to found or lead other companies.
What they invest in
from 14 of 29 portfolio companiesSaaS ×7Fintech ×6AI & Machine Learning ×5Enterprise Software ×3Gaming ×3B2B Marketplaces ×2Consumer ×2Crypto & Web3 ×2
HQs:United States×8United Kingdom×1Nigeria×1
Who they back
founder profiles across 6 portfolio companiesWhere their founders studiedfrom 10 founders with education data
Obafemi Awolowo University ×3Harvard University ×2The London School of Economics and Political Science (LSE) ×2University of California, Berkeley ×2University of Oxford ×2
Where their founders worked beforefrom 10 founders with career history
Paystack ×2
Accelerator rootsportfolio companies that came through a program
Investments · 29 tracked
founders shown can be your intro pathBy year:2025 · 32021 · 14 dated
CG Oncology is a clinical-stage biotechnology company developing bladder-sparing oncolytic immunotherapies for patients with bladder cancer.
BiotechHealthtech
Co-investorsDecheng CapitalForesite CapitalLongitude CapitalRA CapitalTCG CrossoverACORN BIOVENTURES+2 more
Co-investorsExpon Capital
Highstreet is a game studio building a big-budget VR MMORPG that combines virtual reality gameplay with crypto-enabled digital and phygital goods purchasable with its HIGH token.
Crypto & Web3E-commerceGaming
Travis(CEO)
Co-investorsAnimoca BrandsBinance LabsHTCJump CapitalMechanism CapitalDraper Dragon+1 more
AstroForge builds low-cost spacecraft for tracking and mining metal-rich asteroids in deep space, targeting platinum group metals extraction for industrial and space applications.
Advanced ManufacturingDeep TechHardwareNew MaterialsRoboticsSpace TechLos Angeles, US
Matt Gialich(Founder/CEO)inJose Acain(Executive Officer, Director)
BoardJustin Hamilton(Director)
Co-investorsKohala VenturesOutliers FundUndeterred CapitalWayfinder VenturesY CombinatorAera VC+2 more
Aurelian builds software for Public Safety Answering Points (PSAPs) to help telecommunicators manage non-emergency calls more efficiently and stay focused on emergencies.
AI & Machine LearningEnterprise SoftwareGovTechSaaSSeattle, US
Max Keenan(Founder)inJames Liu(Founder)in
Co-investorsNew Enterprise Associates (NEA)Y CombinatorFUSE
Avenia provides cross-border money movement infrastructure connecting Latin America to global markets, offering a single API and web platform to send, receive, convert, and embed payments using local rails like PIX and SPEI.
Crypto & Web3FintechSaaS
Caio El Yanes(Founder)Leandro Noel(Founder)in
Co-investorsbig_betsQuona CapitalFluent VenturesHeadline
Catalyte provides on-demand software development teams and individual technology specialists, offering services including digital transformation, AI enablement, data engineering, digital integration, and staff augmentation.
AI & Machine LearningEnterprise SoftwareSaaSBaltimore, US
Co-investorsExpon CapitalMuse CapitalCross Culture VenturesJam FundRise of the Rest SeedSuncoast Ventures
Chowdeck is a food delivery platform in Africa that connects customers with restaurants and delivery riders.
B2B MarketplacesConsumerFoodTechLogistics & Supply ChainMarketplacesLA, NG
Femi Aluko(Founder)inOlumide Ojo(Founder)inLanre Yusuf(Founder)in
BoardBrian Waswani Odhiambo(Director)in
Co-investorsBrighter CapitalGFR FundHoaQNovastar VenturesRocketship.vcVelocity Digital+1 more
GGWP provides an AI-based content moderation platform that detects and responds to disruptive user behavior and gives moderators automation and workflow tools.
AI & Machine LearningGamingSaaSHillsborough, US
George Ng(Co-founder)inKun Gao(Co-founder)inGeorge Xiao(Director)
BoardDennis Fong(Co-founder)in
Co-investorsBitkraft Esports VenturesMakers FundSony Ventures Corporation
LemFi provides financial services for immigrants relocating globally, enabling them to move money and access financial products across borders.
FintechLondon, GB
Ridwan Olalere(Founder)inRian Cochran(Founder)in
Co-investorsAjim CapitalEndeavor CatalystFlucas VenturesHighland EuropeHoaQLeft Lane Capital+5 more
Louisa provides deal intelligence software for relationship-driven firms such as investment banks, private credit, and law firms, surfacing cross-sell and origination opportunities by matching external deal signals to colleagues who already hold warm relationships.
AI & Machine LearningFintechSaaSNew York City, US
Rohan Doctor(Founder)
Co-investorsEvolution VenturesOxonian Ventures
MealMe provides an API for food and grocery delivery that aggregates inventory data from over 1 million stores and enables orders to be sent to restaurants and retailers.
B2B MarketplacesFintechFoodTechSaaSScottdale, US
Will Said(Executive Officer, Director)Matthew Bouchner(Executive Officer, Director)in
Co-investorsAIX VenturesCP VenturesEvolution VC PartnersMaC Venture CapitalTechstarsCathexis Ventures+2 more
Moove provides vehicle financing and mobility solutions for entrepreneurs in emerging markets.
FintechImpact & Social GoodMobility & Transportation
Ladi Delano(Founder)inJide Odunsi(Founder)in
Co-investorsAccelerate AfricaAfricInvestLeft Lane CapitalLoftyInc CapitalRaptor GroupSpeedinvest+1 more
Novig operates a sports prediction market where users can trade on sporting outcomes without paying commissions.
ConsumerFintechGamingMarketplacesNew York City, US
Jacob Fortinsky(Founder)inKelechi Ukah(Founder)in
Co-investorsForerunner VenturesMakers FundMulticoin CapitalPantera CapitalUnpopular VenturesY Combinator+2 more
Co-investorsFundersClub
Zania builds AI-driven governance, risk, and compliance (GRC) and security software.
AI & Machine LearningCybersecurityEnterprise SoftwareSaaSPalo Alto, US
Shruti Gupta(Founder & CEO)in
Co-investorsA'Z AngelsNew Enterprise Associates (NEA)
Exits · 2
IPOs and acquisitions across the tracked portfolioCG OncologyNASDAQ: CGONSpire GlobalNYSE: SPIR
Portfolio news
latest coverage across their companiesCG Oncology · investing.com · Aug 19, 2026
Moove · techcrunch.com · Aug 5, 2026
Chowdeck · thesun.ng · Jul 17, 2026
LemFi · finsmes.com · Jul 7, 2026
Novig · cnbc.com · Jun 16, 2026
Avenia · fintechfutures.com · Feb 13, 2026
Zania · securityweek.com · Oct 2, 2025
Aurelian · technews180.com · Aug 29, 2025
Frequently asked questions
- How many investments has Palm Drive Capital made?
- Palm Drive Capital has 22 tracked investments, including 1 dated in the last 24 months.
- What stage does Palm Drive Capital invest at?
- Palm Drive Capital invests at the Pre-Seed, Seed stages.
- What is Palm Drive Capital's typical check size?
- Palm Drive Capital typically writes checks of $500K – $5M.
- What sectors does Palm Drive Capital focus on?
- Palm Drive Capital focuses on Sector Agnostic.
- Where is Palm Drive Capital located?
- Palm Drive Capital is headquartered in New York, US.
- Does Palm Drive Capital lead rounds?
- Palm Drive Capital typically participates in rounds rather than leading them.
- Who does Palm Drive Capital co-invest with?
- Palm Drive Capital most often shares deals with Y Combinator, Makers Fund, Bitkraft Esports Ventures, among 33 tracked co-investors.
Images
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