VC  Palm Drive Capital

http://palmdrivecap.com/





     Office Locations:

54 W. 21st St., #807
New York, NY 10010
Phone: 917-512-3083

 

Stages:

  • Early
  • Growth


 

Industries:

  • Software & Internet

  •  

    Description:

    Founded 2014, Palm Drive Capital is a New York-based venture growth equity firm that invests in leading software and internet companies from around the world. With backing from top entrepreneurs and institutions, Palm Drive has an expansive and differentiated network that spans across the United States, Europe, South America and Asia. Their portfolio companies include WeLab, B8ta, Boom Supersonic, Catalyte, Clover Health, Carta and more.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or New York Database subscription.
    Catherine Cai Vice President and Chief Compliance Officer
    Hendrick Lee Managing Partner
    Henry Woram Vice President
    Nick Hsu Partner
    Seamon Chan Managing Partner

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      10/31/2024


      MealMe


      CA


      $8,000,000


      Series A


      06/12/2024


      Stanly


      CA


      $8,000,000


      Pre-Series A


     

    Portfolio companies include:


      Boom Supersonic


      Catalyte
        web link


      DataCubes
        web link


      doDOC
        web link


      GoFreight
        web link


      MealMe
        web link


      Nue Life Health
        web link


      Ohi
        web link


      PunchListUSA
        web link


      Stanly
        web link


     

    Recent News: