Palm Drive Capital

2014

Founded

87

Investments

United States

Offices

Venture Fund

Investor Type

About

Palm Drive Capital is a New York-based venture capital firm founded in 2014, specializing in early-stage and growth capital investments in software and internet companies. The firm focuses on sectors such as SaaS, AI, fintech, and e-commerce, with teams located in New York, San Francisco, Taipei, and Miami. Palm Drive Capital's portfolio includes notable companies like WeLab, B8ta, Boom Supersonic, Catalyte, Clover Health, and Carta.

The firm's investment philosophy blends Silicon Valley innovation with New York financial discipline, aiming to support visionary and principled founders globally.

Portfolio Companies

WeLab, B8ta, Boom Supersonic, Catalyte, Clover Health, Carta, Zenefits, Jet.com, Hyperloop, Magic Leap

Gepgraphic Focus

United States, Asia, Europe, South America

Key Differentiators

Global presence with offices in New York, San Francisco, Taipei, and Miami, Focus on early-stage and growth capital investments, Blend of Silicon Valley innovation with New York financial discipline

Thypical Investment Size

$1M to $10M

Total Funds Raised

At least $44 million

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Artificial Intelligence & Machine Learning (AI/ML)

Cybersecurity

Software

Health & Wellness

FinTech

Apps

New York

Pre-Seed

Seed

Series A

United States