Chestnut Street Ventures - aVenture Asset Manager Research
Location
New York City, NY, US
Founded
2016
Chestnut Street Ventures is a venture capital fund dedicated to investing in companies with a connection to the University of Pennsylvania. The firm focuses on various stages of investment, including Series B and other unspecified rounds, typically targeting companies that have a significant affiliation with Penn alumni. As a private, for-profit entity, Chestnut Street Ventures leverages the collective expertise of its community of investors, executives, entrepreneurs, and innovation enthusiasts.
Notable portfolio companies include Brightside, which has raised $33 million. The firm's investment philosophy centers on the belief that collaborative investing among Penn alumni can yield better results than individual efforts. Key partners and decision-makers are drawn from a network of successful Penn alumni, providing unique value-add services such as mentorship, strategic guidance, and access to an extensive professional network.
Chestnut Street Ventures - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies3
Current Portfolio Count3
Top Investment Stages
Series B2 (100.0%)
Stage Mix
Series B 100%
Concentration shown as share of disclosed investments by stage.
