United States · 
What does Palm Drive Capital invest in?
Palm Drive Capital invests most often at Venture and Series A (54% of the rounds on record), in sectors such as Software, Recurring and Collaboration Tools.
Palm Drive Capital highlights
- 01
12 cheques in the last 12 months
- 02
Mostly Venture and Series A: 54% of its rounds
- 03
Led 1 rounds
What they do
Palm Drive Capital is a venture capital firm backing generational founders at pre-seed and seed.From their own website
- Type
- VC firm (from a list, unverified)
- Cheque size
- $200K – $10M as they say
- Stages
- SeedSeries ASeries B
- Sectors
- SoftwareRecurringCollaboration Tools
- Based in
- New York, United States
- Cold pitches
- Not stated
The record
Every round we can evidence, newest first89 appearances
- 2026
10 rounds
- Oct
- Jul
- Apr
- Apr
- Mar
- Mar
- Feb
- Feb
- Jan
- Jan
- 2025
18 rounds
- Dec
- Nov
- Oct
- Sept
- Sept
- Sept
- Sept
- Aug
- Aug
- Aug
- Jul
- Jul
- Jul
- Jun
- Jun
- Mar
- Feb
- Jan
- 2024
11 rounds
- Dec
- Dec
- Nov
- Oct
- Oct
- Sept
- Jun
- May
- May
- Mar
- Mar
- 2023
12 rounds
- Dec
An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.
The team
Named by the firm itself, on a filing, its Form ADV or its company registration4 named
HLHendrick LeeManaging Member of the Manager of the Co-ManageriFiling they signed
JCJocelyn Cortez YoungManaging Member of the Co-ManageriFiling they signed
SCSeamon ChanManaging Member of the Manager of the Co-ManageriFiling they signed
XCXiaoxiao CaiChief Compliance Officer, PartneriForm ADV
We also hold 7 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.
What the register says
From the firm's own filings with the SEC, which it must file accurately by law
$376Massets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
- Legal name
- PALM Drive Capital LLC
- SEC number
- CRD 284014
Funds on its Form ADV
23 private funds, $376M in gross assets · filed Feb 2024
- Palm Drive Capital III L.P.Venture34 investors$90M
- Palm Drive Capital II L.P.Venture41 investors$76M
- Palm Drive Ventures I L.P.Venture30 investors$59M
- Palm Drive Capital IV L.P.Venture21 investors$41M
- PD BC LLCVenture3 investors$31M
- Palm Drive Ventures (WL), LLCVenture15 investors$23M
- PD CAT LLCVenture32 investors$8.7M
- PD Menlo LLCVenture19 investors$8.4M
- Minerva Palm Drive RF LLCVenture32 investors$6.0M
- PD ALBI LLCVenture11 investors$5.1M
And 13 more on the filing.