PENNY JAR CAPITAL, LLC
PENNY JAR CAPITAL, LLC is a Seed, Series A, Series B and early-stage fund in the US writing $500K–$5M checks into AI, Consumer, Enterprise, technology and business-to-business.
- Stages
- Seed, Series A, Series B, early-stage
- Sectors
- AI, Consumer, Enterprise, technology, business-to-business
- Check size
- $500K–$5M
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 2021
- Website
- pennyjar.com
Thesis
Headquartered in Palo Alto, California, the firm invests in exceptional founders building category-leading technology businesses, with a strong emphasis on B2B software and AI-driven companies. Their investment thesis focuses on founders with "imagination, curiosity, and determination" who aim to create transformational companies. They are industry-agnostic but prioritize technology, consumer, and B2B sectors, particularly B2B software and AI. They emphasize a hands-on approach, offering active support through their network of industry leaders called 'The Collective,' which provides strategic guidance, operational expertise, and connections to accelerate growth. While specific AUM is undisclosed, they have deployed capital across multiple funds, with their first fund being a top-decile performer. They are actively deploying their second fund, which opened in October 2024. The typical investment ranges from $500,000 to $5 million, though larger investments have been noted. The firm's name and philosophy are inspired by a coach's metaphor about collective success through incremental contributions.
Common questions
Does PENNY JAR CAPITAL, LLC invest at the Seed stage?
Yes. PENNY JAR CAPITAL, LLC lists Seed, Series A, Series B and early-stage among the stages it invests in.
What check size does PENNY JAR CAPITAL, LLC write?
PENNY JAR CAPITAL, LLC writes $500K–$5M checks.
Where does PENNY JAR CAPITAL, LLC invest?
PENNY JAR CAPITAL, LLC invests in the US.