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Penny Jar Capital Venture

Venture capitalActively deploying

Palo Alto · Seed–Series A · 31 people tracked

Also known as Penny Jar Capital Venture (Collective) · PENNY JAR CAPITAL, LLC

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Investment thesis

Penny Jar Capital backs seed-stage founders applying artificial intelligence to reimagine how the real world works. The firm emphasizes hands-on, high-touch support beyond capital, drawing on the collective access, influence, and reach of its network known as the Penny Jar Collective. Support extends to customer introductions, executive recruiting, product feedback, financial modeling, press and narrative development, and event-driven relationship building. Testimonials highlight partners such as Rich, Bryant, and Stephen actively working alongside founders to drive customer wins, close key hires, and shape go-to-market strategy.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series A
HQ
Palo Alto, California, US
Instruments
Equity
Founded
2021
Private fund assets
$146.6M
VC funds
3
Tracked investments
37

Team · 31 people

from the firm's website & public directories
Dave Girouard· Founder & Chief Executive Officer, Upstart

Member of Penny Jar's Collective; Founder & CEO of Upstart.

Adam Carr· Chief Revenue Officer, Apollo.io

Member of Penny Jar's Collective; CRO at Apollo.io.

Adrienne Down Coulson· Chief Operations Officer, Rakuten

Member of Penny Jar's Collective; COO at Rakuten.

Alyson Welch· Chief Revenue Officer, Reltio

Member of Penny Jar's Collective; CRO at Reltio.

Anne Raimondi· Fmr. Chief Operating Officer, Asana

Member of Penny Jar's Collective; former COO of Asana.

Arvind KC· Chief People Officer, OpenAI

Member of Penny Jar's Collective; Chief People Officer at OpenAI.

Bracken Darrell· Chief Executive Officer, VF Corp

Member of Penny Jar's Collective; CEO of VF Corp.

Brandon Sammut· Chief People & AI Transformation Officer, Zapier

Member of Penny Jar's Collective; Chief People & AI Transformation Officer at Zapier.

Chris George· Chief Financial Officer, North America, Nike

Member of Penny Jar's Collective; CFO North America at Nike.

Christina Hall· Chief People Officer, Instacart

Member of Penny Jar's Collective; Chief People Officer at Instacart.

Christina Wootton· Fmr. Chief Partnerships Officer, Roblox

Member of Penny Jar's Collective; former Chief Partnerships Officer at Roblox.

David Williams· SVP, Product Development, PagerDuty

Member of Penny Jar's Collective; SVP Product Development at PagerDuty.

Devaki Raj· Chief Digital & AI Officer, Saab

Member of Penny Jar's Collective; Chief Digital & AI Officer at Saab.

Jonathan Davidson· Fmr. Vice President & General Manager, Cisco

Member of Penny Jar's Collective; former VP & GM at Cisco.

Justin Dean· Managing Director & Senior Partner, Boston Consulting Group

Member of Penny Jar's Collective; Managing Director & Senior Partner at BCG.

Karen Stroup· Chief Digital Officer, WEX

Member of Penny Jar's Collective; Chief Digital Officer at WEX.

Molly Mulroy· Chief Administration Officer, WEC Energy Group

Member of Penny Jar's Collective; Chief Administration Officer at WEC Energy Group.

Natasha Allen· Partner, Foley & Lardner LLP

Member of Penny Jar's Collective; Partner at Foley & Lardner LLP.

Neal Sample· Chief Digital & Technology Officer, Best Buy

Member of Penny Jar's Collective; Chief Digital & Technology Officer at Best Buy.

Nia Pryce· Chief of Staff
Rob Seaman· Chief Product Officer, Slack

Member of Penny Jar's Collective; Chief Product Officer at Slack.

Robert Cordova· Chief Strategy & Technology Officer, Milwaukee Bucks

Member of Penny Jar's Collective; Chief Strategy & Technology Officer at the Milwaukee Bucks.

Ryan Nichols· Fmr. Chief Customer Success Officer, Salesforce Service Cloud

Member of Penny Jar's Collective; former Chief Customer Success Officer at Salesforce Service Cloud.

SriRaj Kantamneni· Chief Information & Digital Officer, Schreiber Foods

Member of Penny Jar's Collective; Chief Information & Digital Officer at Schreiber Foods.

Stephen Curry· Special Advisor
Tomer Cohen· Fmr. Chief Product Officer, LinkedIn

Member of Penny Jar's Collective; former Chief Product Officer at LinkedIn.

What they invest in

from 1 of 37 portfolio companies

AI & Machine Learning ×1Marketing Tech ×1SaaS ×1

Investments · 37 tracked

founders shown can be your intro path
AI for local government
AI vehicle title and registration
AI-driven marketing compliance
AI-Powered Business Phone Line
AI-powered candidate interviewing
Automated insurance claims
Automating construction document analysis
B2B product discovery
Burnt
Cloud-native non-linear editor
Concierge AItryconcierge.ai

Concierge.ai provides a customized AI answer engine for B2B SaaS brands that lets website visitors ask questions and receive answers trained on the company's own content and voice.

AI & Machine LearningMarketing TechSaaS

Curating multi-brand restaurants
Decision intelligence for pay
Dental insurance verification
Ducky
Forecasting finance in real time
Full-service AI ad agency
Gaming with digital assets
HiveWatch
Immersive workforce training
Lab data intelligence
Local Kitchensconcierge.ai

AI engine that transforms customer interactions with businesses on websites.

Medical imaging infrastructure
Modern compensation intelligence
Parallel
Plastic recovery at scale
Real-time vulnerability intelligence
Runtime cloud protection
Smarter physical security
Streamlining medication delivery workflows
Syndio
Token-based access control
tokenproof
Unified revenue operations
Unified, AI inbox for creators
Upwind
Zafran

Threat exposure management platform that reveals, remediates and mitigates infrastructure risks.

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Penny Jar Capital Venture invest at?
Penny Jar Capital Venture invests at the Seed, Series A stages.
What sectors does Penny Jar Capital Venture focus on?
Penny Jar Capital Venture focuses on AI & Machine Learning, Enterprise Software, SaaS, Sector Agnostic.
Where is Penny Jar Capital Venture located?
Penny Jar Capital Venture is headquartered in Palo Alto, US.

Images

Penny Jar Capital Venture photo

Co-investors · 36

Sequoia Capital

Sequoia Capital is a venture capital firm that partners with founders to build technology companies, with a strong current focus on artificial intelligence.

Both backed · 1
Zafran
$4.4M – $214M
Cyberstarts

Cyberstarts is a venture firm focused on cybersecurity startups, backing founders who have overcome significant challenges and using a systematic process to identify urgent problems in the sector.

Both backed · 1
Zafran
General Catalyst

General Catalyst is a venture capital and investment firm that backs founders across industries, with a strong focus on AI-driven transformation, fintech, healthcare, and other sectors.

$30M
Bessemer Venture Partners

Bessemer Venture Partners is a venture capital firm that partners with entrepreneurs from early stages through every stage of growth, publishing investment roadmaps across multiple technology sectors.

$5M – $100M
Greylock Partners

Greylock Partners is a venture capital firm that backs founders at the earliest stages, often as their first investor before a product exists.

$100K – $200M
Notable Capital

Notable Capital is an early-stage venture firm that partners closely with founders, providing hands-on operational support through a platform team of experienced operators across hiring, sales, leadership development, storytelling, and engineering.

Felicis Ventures

Felicis Ventures is an early-stage venture capital firm that has backed founders for over 20 years, leading or co-leading the majority of its investments across seed and Series A rounds.

$500K – $15M
Foundation Capital

Foundation Capital is a venture capital firm that invests in companies at their earliest, most formative stages, with a strong belief in the transformative power of design.

$250K – $15M
Coatue Management

Coatue Management is a technology-focused investment firm that invests across both public and private markets, with an active private portfolio of over 250 tech companies.

$1M – $20M
Sound Ventures

Sound Ventures is a venture capital firm that seeks to invest in the technology sector.

CRV (Charles River Ventures)

CRV (Charles River Ventures) is an early-stage venture capital firm that backs founders at the seed and Series A stages, with a long history of investing since 1970.

$250K – $5M
Tiger Global Management

Tiger Global is a research-driven investment firm that partners with innovative, high-quality companies over the long term across various stages of their lifecycle.

$1M – $100M
24 more co-investors

Sapphire VenturesMayfield FundLiquid VenturesHardware ClubAME Cloud VenturesLookout VenturesInovia CapitalTrinity Ventures01 AdvisorsHarrison MetalTq Ventures LlcChemistryFootworkDreamers VCScribble VenturesTransmedia CapitalDecibel PartnersSerena VenturesSilverton Partnersmuru-DArriveBread And Butter Ventures, LlcCore Innovation CapitalTechnology Crossover Ventures

Firms observed investing alongside Penny Jar Capital Venture, from public investor directories. Shared companies are the overlap with Penny Jar Capital Venture's recorded portfolio.

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