Penny Jar Capital

Founded in 2021, Penny Jar Capital is an early-stage venture capital firm based in Palo Alto, California. It invests in exceptional founders and industry-defining tech companies across technology, consumer, and business-to-business sectors.

Steph Curry

Investor

Rich Scudellari

Managing Partner

14 past transactions

Upwind Security

Series A in 2024
Upwind Security develops cybersecurity tools to protect organizations' digital assets. It identifies potential threats, implements security measures, and supports compliance.

Zafran

Series B in 2024
Zafran is a technology company that specializes in threat exposure management. Its platform integrates with existing security tools to identify, mitigate, and remediate vulnerabilities across an organization's entire infrastructure. Notably, Zafran employs an agentless approach, which means it can reveal exploitable weaknesses without the need for additional software installation. This method also reduces manual prioritization and speeds up remediation through automated response workflows.

Ducky

Pre Seed Round in 2024
Ducky is a technology company that specializes in AI-driven automation for customer support teams. Its core product is an AI-managed retrieval system, designed to integrate contextual information into large language model applications. This platform offers features such as semantic and hybrid search, low-latency indexing, retrieval-augmented generation (RAG) integration, and query reranking. It enables software developers to implement scalable, context-aware AI systems without building custom infrastructure, and also provides a software development kit, real-time results visualization, and agent compatibility.

Zafran

Series A in 2024
Zafran is a technology company that specializes in threat exposure management. Its platform integrates with existing security tools to identify, mitigate, and remediate vulnerabilities across an organization's entire infrastructure. Notably, Zafran employs an agentless approach, which means it can reveal exploitable weaknesses without the need for additional software installation. This method also reduces manual prioritization and speeds up remediation through automated response workflows.

Compa

Series A in 2024
Compa is making compensation fair and competitive for everyone by removing barriers to effective decision-making.

Upwind Security

Series A in 2023
Upwind Security develops cybersecurity tools to protect organizations' digital assets. It identifies potential threats, implements security measures, and supports compliance.

Nue

Seed Round in 2023
Nue is a revenue management platform that automates pricing, quoting, and billing for SaaS and other businesses. It provides an omnichannel revenue lifecycle with analytics for finance teams, integrates pricing, sales enablement, and financial reporting, and supports usage-based billing. The platform aims to accelerate sales, optimize pricing strategies, improve cash flow, and reduce operating costs by delivering accurate analytics in a single business cycle.

Tokenproof

Seed Round in 2022
Tokenproof offers a secure token-gating platform that enables proof of NFT ownership without requiring users to connect or carry their wallets. The system supports real-world and online use cases through customizable access policies, ticketing features, and analytics, allowing organizations to grant access based on NFT ownership while reducing risk and preserving user privacy.

Tally Labs

Seed Round in 2022
Tally Labs operates a web3 media design company that aims to bridge the gap between communities and creators. It offers tools for creating, licensing, and collaborating on content, enabling creators to distribute NFT-gated content and build immersive characters and worlds.

Rumble League Studios

Seed Round in 2021
Rumble League Studio's purpose is to empower players by changing the existing quo of digital ownership.

HiveWatch

Series A in 2021
HiveWatch is a developer of an intelligent security fusion platform designed to enhance existing security programs. The platform integrates data from various security sensors, consolidating these feeds into a unified workflow. By employing multi-sensor resolution and machine learning, HiveWatch's technology effectively auto-resolves false positives, allowing security operators to focus on alerts that genuinely require human intervention. This comprehensive approach provides security teams with a holistic and actionable view of their security environment, enabling clients to proactively respond to physical security threats.

Praxis Labs

Series A in 2021
Praxis Labs designs and delivers diversity and inclusion training solutions that blend research-based curriculum with immersive technology. It develops virtual reality and online learning modules to help employees understand and empathize with implicit bias, using perspective-taking experiences and production-grade materials, and provides data-driven metrics to track learning outcomes. The platform enables organizations to implement bias-reduction programs and measure improvements in inclusion within the workplace.

Local Kitchens

Series A in 2021
Local Kitchens operates micro food halls that allow customers to order from multiple local restaurants simultaneously, offering pickup and delivery in a single location. This model facilitates digital ordering for local eateries while providing diverse culinary options to families and neighborhoods. By aggregating various cuisines under one roof, Local Kitchens enables group dining experiences with a single bill, making it convenient for families and friends to enjoy different dishes together.

Syndio

Venture Round in 2021
Founded in 2009, Syndio is a technology company that empowers businesses to measure, achieve, and sustain workplace equity. Its cloud-based platform analyzes gender and racial trends, helping companies identify and resolve pay gaps, reduce legal risks, and create fair workplaces.
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