Palm Drive Capital

Palm Drive Capital is a U.S. venture capital investment firm headquartered in New York City, New York, focused on investments in software and internet companies in the United States (with selective cross-border connectivity to Asian aEUR" particularly Chinese aEUR" markets). The firm was founded by Managing Partner Kurt Tan (Stanford Graduate School of Business alumnus and former Jefferies investment banker with U.S.-Asia cross-border experience) and invests principally at Series A and growth stages in U.S.-based software, SaaS, consumer internet, fintech, and adjacent technology themes, typically writing initial cheque sizes in the USD 3 to 15 million range. Palm Drive's name references Stanford University's iconic central campus entrance avenue (Palm Drive). The firm has raised multiple institutional funds with aggregate AUM in the USD low-to-mid hundreds of millions range. Notable portfolio companies include Faire, Warby Parker (growth-round participant), Airtable, Bowery Farming, Allbirds (growth-round), SpotHero, Sword Health, and numerous other U.S. consumer-and-enterprise-tech growth-stage companies.