Investor Type | Firm |
Industries | Entertainment (& Sports) • HealthTech (& Fitness) • Gaming (& eSports) • Advertising • Healthcare (& Wellness) |
Stages | Seed, Series A |
Investing | United States |
Investment Range | $100,000 - $5,000,000 |
Investment Sweet Spot | $1,500,000 |
Penny Jar Capital is an early-stage investment firm that focuses on propelling forward-thinking founders in various high-growth industries. They invest in the seed and Series A rounds of companies operating in Entertainment & Sports, HealthTech & Fitness, Gaming & eSports, Advertising, and Healthcare & Wellness sectors. With an investment minimum of $100,000 and a maximum of $5,000,000, their sweet spot for investment is around $1,500,000. Penny Jar Capital is distinctive for its hands-on approach to nurturing portfolio companies, driven by the leadership of Bryant Barr and Rich Scudellari, alongside anchor investor Stephen Curry. Their operational strategy involves leveraging a vast and influential network to offer unparalleled access and make a significant impact on the success of their investees. They position themselves as a value-adding catalyst for their portfolio companies, providing more than just financial support. The firm prides itself on being actively engaged with founders, offering strategic advice, facilitating key hires, and helping with financial modeling, among other supportive roles. Penny Jar Capital creates individualized opportunities for their companies and ensures that their support extends beyond the initial investment phase. Penny Jar Capital's ethos emphasizes deep concern for their founders, asserting that they work to support them consistently and meaningfully. By employing their full ecosystem, they aim to unearth new revenue-driving opportunities and impactful collaborations for their portfolio entities. Testimonials from their investees, like Fonz Olvera, Maria Colacurcio, Grisha Pavlotsky, and Shannon Goggin, highlight Penny Jar Capital's commitment to founder support, industriousness, and their strategic approach to problem-solving and adding value.