Palm Drive Capital

Palm Drive Capital backs founders at the pre-seed and seed stages. It is in New York and San Francisco.

The page introduces Palm Drive Capital’s team and features founders it has backed. Palm Drive Capital is in New York and San Francisco.

Palm Drive Capital is a venture capital firm backing generational founders at pre-seed and seed. New York and San Francisco.

Clipto raises $15 million in an all-equity round at a $250 million post-money valuation to expand its AI-powered search product. The startup indexes videos, audio, images, meetings, and other files on users’ devices, letting them search in natural language or connect indexed files to AI tools including ChatGPT and Claude. It reports 30 million users, hundreds of thousands of paying subscribers, $15 million in annual recurring revenue at the start of 2026, and net profitability.

Aug 2026 · TechCrunchNews article

MealMe raises $8 million in Series A funding to expand its API for embedding food and retail ordering in consumer apps and websites. The round, led by Mercury Fund with participation from Gaingels and Palm Drive Capital, brings total funding to $16 million. MealMe says its API covers more than 1 billion products across 1.2 million grocery stores, restaurants, and retailers, and serves over 100 customers. The company plans to use the capital for marketing, hiring, developer support, and expansion into e-commerce and AI.

Oct 2024 · TechCrunchNews article

EduFi raised $6.1 million in a pre-seed round led by Zayn VC, with participation from Palm Drive Capital, Deem Ventures, Q Business, and angel investors. The Singapore-based startup launched an artificial intelligence-powered study now, pay later lending platform for student loans.

Nov 2023 · TechCrunchNews article