Jolly VC

Jolly VC, established in 2024 and headquartered in San Jose, California, is a venture capital firm focusing on early-stage investments in artificial intelligence, the Internet of Things, and SaaS startups. The firm aims to generate substantial returns by backing disruptive innovations in large markets and partnering with exceptional founding teams that possess a long-term vision for their respective fields. With a track record dating back to 2016, Jolly VC has experience in growing startups to unicorn status and IPOs, with nine portfolio companies achieving valuations of over $1 billion.

Sunmeet Jolly

Managing Partner

6 past transactions

Pinnacle

Seed Round in 2024
Pinnacle is an AI executive coach. Pinnacle provides coaching, career planning, personalized learning, and automated manager tools that fit seamlessly in the flow of work in Slack & MS Teams. We're used by the world's most people-centric businesses to support their employees at scale.

Decile Group

Seed Round in 2023
The Decile Group develops offerings to transform venture capital into an ethical force for good. It promotes integrity and positive impact through its ethical framework for investors, including the Mensarius Oath, a publicly agreed-upon code of conduct fostering fairness and responsible investment decisions.

Lincode

Venture Round in 2022
Lincode is an AI-driven technology company specializing in advanced machine vision and defect detection for manufacturing. Its platform uses pre-trained models and a no-code interface to deliver real-time quality inspections and defect identification across materials such as plastics, fabric, semiconductors, and metals, supporting applications from visual inspection to reporting and analytics. The system can be deployed on premises with edge AI for low latency processing and integrates with existing machine vision setups to serve automotive, aerospace, electronics, packaging, and related industries. By enabling configurable defect tolerances per defect or camera, it supports both automated and manual inspection workflows, helping manufacturers reduce waste, improve productivity, and lower costs. Lincode was established in 2018 and is based in Menlo Park, California, with an additional office in Bengaluru, India.

Posh

Series A in 2021
Posh is a conversational AI and NLP technology development company that enables developers to deliver a new way to interact with users. With Posh, website actions that takes minutes to complete can be sped up to just seconds with a simple message from bots. Companies in finanical services, healthcare, utilities, and beyond are using the Posh platform to re-create call centers and automate routine requests for both customers and staff while saving time and money. The company wants to make the internet experience easier and more enjoyable. Posh was launched on 2015 and is based in Boston, Massachusetts.

Caspar.AI

Seed Round in 2020
Caspar AI is a global company headquartered in Silicon Valley, with additional offices in Los Angeles, Las Vegas, Amsterdam, and Tokyo. The company specializes in providing a fully integrated smart home system that utilizes privacy-preserving artificial intelligence to enhance the quality of life for seniors. By delivering real-time health insights and alerts, Caspar AI enables operators of senior housing facilities to improve staff efficiency and support the independence of residents. Its technology collects and analyzes medical and behavioral data within the home, facilitating early detection of incidents and diseases. This actionable data empowers caregivers to provide efficient and responsive care, ensuring that seniors receive the support they need while maintaining their autonomy.

Sprouts

Sprouts is an autonomous, efficient, and intelligent martech platform designed for B2B companies. It replaces the need for multiple databases, intent products, and sales outreach platforms by integrating these functionalities into a single solution. The platform leverages AI to streamline and optimize marketing and sales processes, making it easier for businesses to manage their go-to-market strategies effectively.
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