# PJC: portfolio, investments and team

> PJC is a vc firm based in United States. 8 investments on record, latest Oct 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/pjc (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# PJC

Last cheque observed Oct 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet New fund $81M, Jun 2022 VC firm

Pre-seed Seed Series A Smbs Financial Services Machine Learning

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 8 on record

Since the last cheque **2572** days **00** hrs **00** min **00** sec

Median round **$9.3M** Cheque size, as they say **$500K – $2.0M** Rounds led **0 of 8** Mostly in **United States, 100%**

Pitch PJC

## PJC highlights

- 01 8 rounds on record
- 02 Mostly Series A and Seed: 75% of its rounds

## What they do

> Experienced Boston venture firm with a start-up mindset From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $500K – $2.0M as they say
- **Stages:** Pre-seed Seed Series A Series B
- **Sectors:** Smbs Financial Services Machine Learning
- **Based in:** Boston, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **8 appearances**

- **2019** 4 rounds
- **Oct** **[Lively](https://millionrounds.com/company/lively)** Series B · US · FinSMEs **$27M** With 6 others
- **Sept** **[Luca + Danni](https://millionrounds.com/company/luca-danni)** FinSMEs **$6.2M** With 1 other
- **Aug** **[BlockFi](https://millionrounds.com/company/blockfi)** Series A · US · FinSMEs **$18M** With 9 others
- **May** **[Feather](https://millionrounds.com/company/feather)** US · TechCrunch **$12M** With 6 others
- **2018** 2 rounds
- **Jul** **[BlockFi](https://millionrounds.com/company/blockfi)** US · FinSMEs **$53M** With 1 other
- **Feb** **[Blockfi](https://millionrounds.com/company/blockfi)** Seed · US · FinSMEs **$1.6M** With 5 others
- **2017** 2 rounds
- **Oct** **[ICX Media](https://millionrounds.com/company/icx-media)** Series A · US · FinSMEs **$6.6M** With 2 others
- **Sept** **[Lively](https://millionrounds.com/company/lively)** US · FinSMEs **$4.2M** With 8 others

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 registration **4 named**

DJ **David Joseph Martirano** Member (Class a Interests) & Manager - Pjcp III, Pjcp IV, Pjcp V, Pjmc i Form ADV

ML **Matthew L Hayes** Member (Class B Interests) - Pjcp IV, Pjcp V i Form ADV

SM **Sean Macfarlane Marsh** Member (Class a Interests) - Pjcp III i Form ADV

ZA **Zaid A Ashai** Member (Class a Interests) & Manager - Pjcp III, Pjcp IV i Form ADV

We also hold **9** 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

**$168M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Point Judith Management Company, LLC
- **SEC number:** CRD 162889

## What they claim to have backed

From their own portfolio page (on their website)

**32** of 60 we have independently watched raise

[Acelab](https://millionrounds.com/company/acelab)[Acquired by Centivo](https://millionrounds.com/company/centivo)[AetherPal](https://millionrounds.com/company/aetherpal)[Appcast](https://millionrounds.com/company/appcast)[Benable](https://millionrounds.com/company/benable)[Caktus](https://millionrounds.com/company/caktus)[CoachUp](https://millionrounds.com/company/coachup)[CodeStream](https://millionrounds.com/company/codestream)[Diligent Pharma](https://millionrounds.com/company/diligent-pharma)[Disruptel](https://millionrounds.com/company/samba-tv)[Eden Health](https://millionrounds.com/company/eden-health)[Evergage](https://millionrounds.com/company/evergage)[Expensify](https://millionrounds.com/company/expensify)[Fidelis Security](https://millionrounds.com/company/fidelis-cybersecurity)[FindMine](https://millionrounds.com/company/findmine)[Flexpa](https://millionrounds.com/company/flexpa)[Grapevine](https://millionrounds.com/company/grapevine)[Howie](https://millionrounds.com/company/howie)[Lvl5](https://millionrounds.com/company/doordash)[Nest](https://millionrounds.com/company/nest)[Neurable](https://millionrounds.com/company/neurable)[Nexamp](https://millionrounds.com/company/nexamp)[Openly](https://millionrounds.com/company/openly)[Pixability](https://millionrounds.com/company/pixability)[Railbird](https://millionrounds.com/company/draftkings)[Reelables](https://millionrounds.com/company/reelables)[Ringmaster Technologies](https://millionrounds.com/company/ringmaster-technologies)[Rinse](https://millionrounds.com/company/rinse)[SmartPath](https://millionrounds.com/company/smartpath)[Synthesis AI](https://millionrounds.com/company/synthesis-ai)[Thunkable](https://millionrounds.com/company/thunkable)[TicketManager](https://millionrounds.com/company/ticketmanager) AceUp Acquired by Adobe Acquired by Beecken Acquired by DraftKings Acquired by Klarna Acquired by New Relic Acquired by PhoenixTailings Acquired by Salesforce Acquired by StepStone Acquired by Summit Partners Acquired by VMware Acquired by Valeas Acquired by Welsh, Acuired by General Dynamics Anno Antenna Software Breach Deeplite Drip Expent FlexEngage GamerGains Getwell Network Hatch Health-ecommerce Kudos Livelyme Machinery Partner and 7 more

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

New fund on file

**$81M**

raised in Jun 2022

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$9.3M** the round, not its cheque

Led 0 of 8 rounds **0%**

- **Said size:** $500K – $2.0M
- **Sole investor:** Never alone
- **Last cheque:** Oct 2019

Rounds by stage said on their site

- Series A said *2*
- Seed said *1*
- Series B said *1*
- Pre-seed said *-*

Cheques by year Led Joined

2017 2019

Often in the room with

- [Y Combinator](https://millionrounds.com/fund/y-combinator) 3
- [Streamlined Ventures](https://millionrounds.com/fund/streamlined-ventures) 2

**Pitching PJC?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as PJC. A count of rooms they were both in, not a relationship either has claimed.

[**Y Combinator** Accelerator **3** rounds together](https://millionrounds.com/fund/y-combinator)[**Streamlined Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/streamlined-ventures)

## Recently backed

The latest companies PJC put money into.

[**Luca + Danni** $6.2M · Sept 2019](https://millionrounds.com/company/luca-danni)[**BlockFi** $18M · Aug 2019](https://millionrounds.com/company/blockfi)

## Quick answers about PJC

### What does PJC invest in?

PJC invests most often at Series A and Seed (75% of the rounds on record), in sectors such as Smbs, Financial Services and Machine Learning.

### How active is PJC?

8 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2019.

### What has PJC invested in recently?

Its most recent investments on record: Lively (Series B, Oct 2019), Luca + Danni (Undisclosed round, Sept 2019) and BlockFi (Series A, Aug 2019).

### How big are PJC's cheques?

The median round it joins is $9.3M. It says it writes cheques of $500K to $2.0M.

### Does PJC lead rounds?

Rarely, if at all: none of its 8 investments on record names it as the lead.

### Where does PJC invest?

Most of the companies it backs are in the United States (100%).

### Is PJC investing now?

No investments in the last 12 months; the latest was in Oct 2019.

### Who does PJC invest alongside?

Most often Y Combinator (3 rounds together) and Streamlined Ventures (2 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=pjc) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=pjc)
