Palm Drive Capital: A US-based global venture capital investment firm.
Location
New York City, NY, US
Founded
2014
Palm Drive Capital is a global venture capital firm with a focus on software investments, particularly in SaaS, AI, fintech, and e-commerce sectors. The firm typically invests in Seed and Series A rounds, supporting tech founders from its offices in New York, San Francisco, Taipei, and Dubai. Palm Drive Capital aims to identify and back innovators worldwide, leveraging its international presence to source and support promising startups.
Notable portfolio companies include Addepar, Clover Health, Jet.com, and Cockroach Labs. The firm is led by experienced partners who bring a wealth of industry knowledge and connections. Palm Drive Capital's investment philosophy centers on fostering innovation and providing strategic support to its portfolio companies. The firm offers unique value-add services such as mentorship, networking opportunities, and operational guidance to help startups scale effectively.
Palm Drive Capital - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies52
Follow-on Investments3
Current Portfolio Count43
Total Portfolio Exits2
Top Investment Stages
Seed19 (40.4%)
Series A16 (34.0%)
Series B6 (12.8%)
Series C4 (8.5%)
Series D2 (4.3%)
Stage Mix
Seed 40%Series A 34%Series B 13%Series C 9%Series D 4%
Concentration shown as share of disclosed investments by stage.