- Recent Funding
- Investors
- Palm Drive Capital
Palm Drive Capital portfolio
Palm Drive Capital has 16 portfolio companies on record at Recent Funding, with 2 investments in the last 12 months.
About this page
It is a venture capital firm based in New York, US, founded in 2014. Its most recent investment on record is Avenia's $17M Series A round in February 2026, alongside Tomorrow Capital, Kazea Capital, Scale-Up and 6 others. By category, its portfolio leans toward Fintech (6) and Commerce and retail (4). It has co-invested with Sequoia, Scale-Up and Tomorrow Capital.
About Palm Drive Capital
What Palm Drive Capital invests in
- Fintech · 6 · 38%
- Commerce and retail · 4 · 25%
- Stablecoins · 3 · 19%
- Health and bio · 3 · 19%
- Logistics and mobility · 2 · 13%
- Sales and marketing · 2 · 13%
- Consumer and social · 2 · 13%
- Crypto payments · 1 · 6%
Palm Drive Capital recent investments
| Company | Round | Date | Alongside |
|---|---|---|---|
| Series A · $17M | Tomorrow Capital, Kazea Capital, Scale-Up +6 | ||
| Seed · $5.3M | Saga Ventures, Paul Graham, Y Combinator +4 | ||
| Series A · $18M | Anand Deshpande, Menlo Ventures, Michael Curtis +2 | ||
| Seed · $7M | Ambush Capital, a16z crypto (lead) | ||
| Series A · $15M | Costanoa Ventures (lead), Chandaria Capital, Lachy Groom +6 | ||
| Series B+ | French Partners, Kingsway Capital (lead), Endeavor Catalyst +4 |
How Palm Drive Capital invests
Palm Drive Capital portfolio companies
AAvenia$17MSeries A · Feb 2026
LLuminal$5.3MSeed · Nov 2025
ZZania$18MSeries A · Oct 2025
KKYD Labs$7MSeed · May 2025
UUmba$15MSeries A · Apr 2022
EEyewaSeries B+ · Jun 2021
IInvygobacker
GGolpobacker
VVetcovebacker
RRevenirbacker
CCarbicbacker
LLemFibacker
NNaluribacker
CCreative Marketbacker
HHairDAObacker
OOmnichatbacker
| Company | Round with Palm Drive Capital | Total raised | Latest raise |
|---|---|---|---|
Stablecoins |
Series A · $17M | $17M | Feb 11, 2026 Series A |
AI infrastructure and compute |
Seed · $5.3M | $30.3M | Nov 12, 2026 Series A |
AI agents |
Series A · $18M | $18M | Oct 1, 2025 Series A |
In-person and live experiences |
Seed · $7M | $7M | May 15, 2025 Seed |
Fintech |
Series A · $15M | $22M | Apr 9, 2025 round |
Commerce and retail |
Series B+ | $108.6M | Nov 27, 2024 Series B+ |
Stablecoins |
backer | $19M | Jul 13, 2026 Series A |
Voice and audio AI |
backer | $500K | — |
Health and bio |
backer | undisclosed | — |
Fintech |
backer | undisclosed | — |
Climate and energy |
backer | undisclosed | — |
Fintech |
backer | $86M | May 13, 2026 Series B+ |
Stablecoins |
backer | $5M | Aug 12, 2025 Series B+ |
Commerce and retail |
backer | undisclosed | — |
Health and bio |
backer | undisclosed | — |
Sales and marketing |
backer | $12.6M | Oct 27, 2026 Series A |
Most frequent co-investors
SSequoia1 shared round · last Feb 11, 2026
SScale-Up1 shared round · last Feb 11, 2026
TTomorrow Capital1 shared round · last Feb 11, 2026
KKazea Capital1 shared round · last Feb 11, 2026
HHeadline1 shared round · last Feb 11, 2026
FFluent Ventures1 shared round · last Feb 11, 2026
PPatria Investments1 shared round · last Feb 11, 2026
EEndeavor1 shared round · last Feb 11, 2026
QQuona Capital1 shared round · last Feb 11, 2026
YY Combinator1 shared round · last Nov 18, 2025FFelicis1 shared round · last Nov 18, 2025
LLiquid 2 Ventures1 shared round · last Nov 18, 2025
Similar investors
NNascent16 companies · 10 deals in 12 mo
CCPP Investments16 companies · 5 deals in 12 mo
FFlourish Ventures16 companies · 4 deals in 12 mo
- HHarbourVest16 companies · 4 deals in 12 mo
BBlue Owl Capital16 companies · 3 deals in 12 mo
FFin Capital17 companies · 4 deals in 12 mo
Investors whose portfolios on Recent Funding center on the same category (Fintech).
How this is counted
Firm profile: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.
Share is of the 6 rounds on Recent Funding that name Palm Drive Capital. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.
Portfolio companies are the companies on Recent Funding with a round that lists Palm Drive Capital, which is a subset of its real portfolio. API: /api/v1/investors/palm-drive-capital (get a free API key). More: the most active VC firms and new venture capital funds.