Jovono

Jovono is a venture capital firm based in Los Angeles, California. It invests in technology startups and supports founders who aim to solve difficult problems and deliver products that delight users. The firm targets ambitious teams with the potential to transform industries and build durable competitive advantages.

Evan Zimmerman

Investor

21 past transactions

Persist AI

Seed Round in 2023
Persist AI is a company that aids pharmaceutical firms in the development of long-acting drug formulations by leveraging artificial intelligence and automation. Traditional formulation development is a lengthy process, typically spanning 5 to 10 years, which includes extensive pre-clinical and clinical testing phases. Persist AI aims to significantly reduce this timeline by streamlining pre-clinical formulation development to just three months, enhancing the efficiency of the drug development process by 50%. The company employs AI-driven automation technologies, such as automated drug release testing and high-throughput formulation screening, to facilitate quicker and more reliable drug formulation. By doing so, Persist AI not only accelerates drug development but also contributes to improving patient outcomes.

Limit

Series A in 2022
Limit is a San Francisco-based provider of digital wholesale insurance brokerage software and services for commercial insurance. Founded in 2020, the company combines software, technology, sales, and data services to connect retail brokers with carriers for admitted and excess and surplus lines, enabling faster, cheaper, and more accurate transactions. By applying advanced analytics and data capabilities, Limit streamlines wholesale insurance workflows, reduces errors, and supports both traditional and E&S insurance needs through digital tooling and data-driven underwriting. The platform emphasizes efficiency, transparency, and speed in wholesale insurance transactions by integrating broker systems with carrier platforms.

Paragon

Series A in 2022
Paragon is an embedded integration platform for SaaS apps, enabling companies to build products that integrate with the SaaS ecosystem. With Paragon, software companies can integrate with hundreds of different SaaS apps in minutes while providing their customers with a seamless, unified integration experience. Paragon's vision is to build the connecting layer for all software that enables every application in the world to work together seamlessly. In the last year, they've grown by over 6x and now work with nearly 100 customers around the world. They've raised over $3.5M from world-class investors like Y Combinator, Global Founders Capital, Soma Capital, and Village Global, and have been featured in Techcrunch and Forbes.

Proof

Secondary Market in 2022
Proof operates as a technology company specializing in secure digital transactions. It provides an identity-assured transaction management platform that verifies the identities of individuals engaging in online business dealings. By confirming identities and securing transactions, Proof helps protect both businesses and their customers from fraudulent activities, fostering trust in digital environments.

Hyper

Seed Round in 2021
We're building the infrastructure to bring digital experience into the real world. Starting with an SDK for retail stores, which uses maps, AR and hyper-accurate indoor location. The biggest retailers in the world use our technology to drive customer experience.

DoNotPay

Series B in 2021
DoNotPay, Inc. is a technology company based in San Francisco, California, founded in 2015. It operates a platform that provides legal information and self-help services through an artificial intelligence-driven chatbot. This application assists users in a variety of legal matters, enabling them to file lawsuits, claim awards, challenge corporations, and navigate bureaucratic processes. It also helps users cancel free trials, appeal bank fees, and address traffic violations, among other issues. DoNotPay's services are available to residents in the United States, Puerto Rico, and the United Kingdom, aiming to democratize access to legal resources and empower individuals to manage their legal challenges efficiently and at no cost.

Convoy

Secondary Market in 2021
Convoy, Inc. operates an online marketplace that provides digital freight network services, enabling users to book local and regional trucks on demand for transporting goods of various sizes. Founded in 2015 and based in Seattle, Washington, Convoy utilizes technology and data to enhance efficiency and reduce waste in the trucking industry, which faces significant challenges such as empty truckloads and high carbon emissions. The company facilitates instant quotations, online booking, automated loading suggestions, and online payments, while also offering a mobile application for real-time shipment tracking and status updates. By optimizing its connected network of carriers, Convoy aims to lower costs for shippers, increase earnings for drivers, and contribute to environmental sustainability by minimizing carbon waste.

Anduril Industries

Series D in 2021
Anduril Industries is a defense technology company that designs, develops, and deploys hardware and software to address national security challenges for the United States and its allies. It offers the Lattice Platform, an AI-based system that fuses real-time data from computer vision, machine learning, and mesh networking into a single autonomous operating picture; Sentry Tower, which integrates data across the electromagnetic spectrum; Ghost sUAS, an unmanned autonomous, man-portable drone capable of performing missions with limited human intervention; and Anvil sUAS, a precision kinetic intercept that autonomously navigates to counter potential drone threats with visual verification by a human operator. Founded in 2017, Anduril is based in Irvine, California, with additional offices in Orange County, California; Washington, D.C.; and Seattle, Washington.

Safe

Pre Seed Round in 2021
Safe is an app that provides an email security service that verifies contacts. Safe was founded in 2021.

Aspiration

Venture Round in 2021
Aspiration is a sustainable financial platform focused on helping consumers and businesses achieve carbon neutrality. It offers a range of financial products, including debit and credit cards, that incorporate carbon reduction solutions, enabling users to automatically offset the carbon footprint of their purchases. With over 6 million consumers, Aspiration addresses the growing demand for climate action by providing accessible tools for individuals and enterprises to engage in environmentally responsible practices. For its enterprise clients, Aspiration delivers software-based carbon footprint monitoring, a comprehensive inventory of carbon-reducing assets, and features designed to make their products carbon neutral. Through these services, Aspiration aims to facilitate climate action in everyday activities.

Paragon

Seed Round in 2020
Paragon is an embedded integration platform for SaaS apps, enabling companies to build products that integrate with the SaaS ecosystem. With Paragon, software companies can integrate with hundreds of different SaaS apps in minutes while providing their customers with a seamless, unified integration experience. Paragon's vision is to build the connecting layer for all software that enables every application in the world to work together seamlessly. In the last year, they've grown by over 6x and now work with nearly 100 customers around the world. They've raised over $3.5M from world-class investors like Y Combinator, Global Founders Capital, Soma Capital, and Village Global, and have been featured in Techcrunch and Forbes.

Paragon

Pre Seed Round in 2020
Paragon is an embedded integration platform for SaaS apps, enabling companies to build products that integrate with the SaaS ecosystem. With Paragon, software companies can integrate with hundreds of different SaaS apps in minutes while providing their customers with a seamless, unified integration experience. Paragon's vision is to build the connecting layer for all software that enables every application in the world to work together seamlessly. In the last year, they've grown by over 6x and now work with nearly 100 customers around the world. They've raised over $3.5M from world-class investors like Y Combinator, Global Founders Capital, Soma Capital, and Village Global, and have been featured in Techcrunch and Forbes.

Hyper

Pre Seed Round in 2020
We're building the infrastructure to bring digital experience into the real world. Starting with an SDK for retail stores, which uses maps, AR and hyper-accurate indoor location. The biggest retailers in the world use our technology to drive customer experience.

Flexport

Secondary Market in 2019
Flexport, established in 2013, is a San Francisco-based company specializing in global freight forwarding and customs brokerage services. It offers an online platform that simplifies and streamlines international trade for businesses. Flexport's services include customs clearance, freight transportation by ocean, air, and road, along with value-added services such as cargo insurance, warehousing, and trade finance. The company's user-friendly dashboard enables clients to understand, purchase, manage, and track these services in real-time, optimizing their supply chain and logistics operations.

Qedit

Series A in 2019
QED-it is a company focused on enhancing trust and privacy in blockchain environments through its innovative Zero-Knowledge Blockchain technology. Founded in 2016 and headquartered in Tel Aviv, Israel, QED-it merges Enterprise Blockchain with Zero-Knowledge Proof cryptography, developed under the mentorship of renowned cryptographer Prof. Shafi Goldwasser. The company's platform enables businesses to maintain data confidentiality while allowing secure sharing of proofs with partners and competitors, thus addressing the challenges of data privacy. By utilizing advanced techniques such as multiparty computation and homomorphic encryption, QED-it facilitates data collaboration while ensuring compliance with privacy regulations. This approach enables clients to conduct audit queries, such as credit and risk scoring, without exposing sensitive underlying data, thereby promoting trust and collaboration within various ecosystems.

Sofar Ocean

Series A in 2019
Sofar Ocean Technologies develops accessible ocean sensing and exploration tools aimed at a variety of users, including ocean enthusiasts, industry professionals, and conservationists. The company operates an open ocean sensor network that delivers critical real-time insights into ocean conditions. This sensor network provides valuable data to support applications across diverse sectors such as shipping, government, and environmental research. By offering data-driven insights, Sofar Ocean helps to enhance understanding of the world's oceans, facilitating informed decision-making for science and society.

HackerNoon

Equity Crowdfunding in 2018
HackerNoon is an independent publishing platform that focuses on technology stories and empowers writers within the tech community. With an audience of four million monthly readers, the platform allows contributors to share their insights and experiences, which are then subject to staff editorial review to ensure quality. HackerNoon provides a content management system that supports individual writers and businesses in their publishing efforts, facilitating business blogging, media relations, and content-relevant advertising. The platform emphasizes accessibility by offering free publication without paywalls or intrusive advertisements, fostering an environment where technology professionals can learn, write, and share their narratives. Additionally, HackerNoon hosts writing contests and maintains a Tech Company Database, further enriching its community-driven approach to technology storytelling.

OpenROV

Convertible Note in 2017
OpenROV is a company dedicated to making underwater exploration accessible through the development of innovative robotic submarines. Their flagship product is a low-cost, remote-controlled underwater robot that can reach depths of up to 100 meters, equipped with a camera to capture images and videos of the seafloor. This technology allows users to create 3D models of underwater environments, facilitating exploration in previously uncharted territories. OpenROV aims to democratize discovery in the ocean's depths by empowering a broader audience to engage in underwater research and exploration, thus broadening the scope of who can contribute to our understanding of the planet's least-known areas.

Qedit

Seed Round in 2017
QED-it is a company focused on enhancing trust and privacy in blockchain environments through its innovative Zero-Knowledge Blockchain technology. Founded in 2016 and headquartered in Tel Aviv, Israel, QED-it merges Enterprise Blockchain with Zero-Knowledge Proof cryptography, developed under the mentorship of renowned cryptographer Prof. Shafi Goldwasser. The company's platform enables businesses to maintain data confidentiality while allowing secure sharing of proofs with partners and competitors, thus addressing the challenges of data privacy. By utilizing advanced techniques such as multiparty computation and homomorphic encryption, QED-it facilitates data collaboration while ensuring compliance with privacy regulations. This approach enables clients to conduct audit queries, such as credit and risk scoring, without exposing sensitive underlying data, thereby promoting trust and collaboration within various ecosystems.

Showbox

Venture Round in 2017
Showbox is a cloud-based video creation platform that offers brands, online marketplaces, and websites a comprehensive suite of tools for producing high-quality videos. The platform provides access to features such as 3D virtual studios and professional captioning, allowing users to create studio-quality content without the need for physical production facilities. By leveraging advanced technology, Showbox enables clients to collaborate with skilled engineers, designers, and thought leaders, facilitating innovative approaches to video production. The company's focus on user-friendliness ensures that communities can easily utilize these tools to enhance their video content.

Zeekit (a Walmart company)

Series A in 2016
Zeekit Online Shopping Ltd., based in New York, develops an innovative online application that enhances the shopping experience by allowing users to visualize outfits. The platform utilizes image processing and big data to enable customers to upload their own photos and virtually try on clothing while shopping online. This approach aims to transform traditional e-commerce by making it more interactive and enjoyable for users.
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