Chestnut Street Ventures Newsletter — March 2022
Content at the intersection of entrepreneurship, venture capital, and our Penn community.
IN THIS ISSUE: Fund 6 launching soon, new Fund 5 deals, read a feature story on portfolio company LeadIQ, and more.
Fund 6 is Opening in May!
We continue to add new companies into Fund 5 and look forward to sharing more information as we grow our portfolio of ~20-30 deals. If you missed your chance to invest and are still interested in joining us, Fund 6 is opening in May.
Chestnut Street Fund 5 Portfolio Updates
LeadIQ, co-founded by CEO Mei Siauw (WG ’13), is helping sales teams thrive with their modern sales prospecting platform to improve outbound efficiency. Customers receive complete control of their top-of-funnel sales process — from lead searching and list building to lead capturing and management, lead importing, and corresponding insights and analytics. Learn More »
Maisonette offers a marketplace for high-quality, children’s brands from around the world. Chestnut Street Ventures has made two investments into Maisonette, and recently offered Chestnut Street investors a second Syndication opportunity for the company. Many investors have expressed that Syndications are educational and engaging, and offer an opportunity to supplement their portfolios in sectors or stages where they want to lean in. This is a great example of how we are able to secure follow-on investments in promising companies.
TO BE ANNOUNCED
- A company offering advanced technology incorporating AI/ML to understand the true nature of inventory in large warehouses and distribution centers
- Follow-on investment in a student loan platform designed to make education more accessible to everyone
FOR EXISTING INVESTORS
Thinking of becoming an investor? Access Materials »
Updates From Your Managing Partner
We invite existing investors to visit your Club portal for updates from Managing Partner Brian Keil and our team, including webinars and events, Syndications, portfolio news, and exclusive content.
Campus and Community Update
Penn Medicine was recently awarded a $12.3 million NIH Grant to study ultra-fast, high-dose FLASH radiation therapy for cancer. Learn More »
Chestnut Street Portfolio Companies in the News
- Certa Raises $15M to Streamline Supplier Onboarding in the Enterprise (Silicon Angle)
- HawkEye 360 Announces Advisory Board Class of 2022 (PR Newswire)
- NeuroFlow Secures Deal with Aflac (HIT Consultant)
- Capella Space Publishes SAR Imagery of the Ukraine-Russia Crisis (Satnews)
AV Talent Referrals
Interested in joining a cutting-edge startup or know someone who might be? Our portfolio companies are growing and always looking for high-caliber talent. Check out their open positions on our job board. If you find a match, fill out this short form, and we will try to make a personal referral. Visit Job Board »
Want to learn more?
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Contact [email protected] for additional information. To see additional risk factors and investment considerations, visit av-funds.com/disclosures.