Pennell Venture Partners

investment firm

About

Pennell Venture Partners focuses on investments in early and seed stage companies based on software and services.

Details

Founded date
Jan 1, 1996
Operating Status
Active
Investor Type
Venture Capital

Pennell Venture Partners, LLC is a venture capital firm specializing in investments in early and seed stage companies. The firm invests in software and services companies with a focus on business intelligence software, outsourced business services, administrative assistance software, data management and analytical tools, and productivity enhancing software. It primarily invests companies based in New York metro area. It seeks to invest $1.5 million its portfolio companies. The firm prefers to have a board seat in its portfolio companies. It also prefers to be the lead investor and can also participate in syndicates with known co-investors. Pennell Venture Partners, LLC was founded in 1996 and is based in New York, New York.

Investments

Number of Investments
Number of Lead Investments
4
0
Pennell Venture Partners has made 4 investments. Their most recent investment was on Sep 20, 2007, when Critical Mention raised $1M.
Date Company Name
Round Money Raised Industry Lead Investor
Sep 20, 2007 Critical Mention
Series Unknown $1M Broadcasting
Dec 5, 2005 Critical Mention
Series B $4M Broadcasting
Oct 6, 2004 Critical Mention
Series A $2M Broadcasting
Sep 25, 2001 Acorn Systems
Series A Software

Exits

Pennell Venture Partners has had 1 exits. Pennell Venture Partners most notable exits include Critical Mention

Date Company Name Exit Type Industry
May 26, 2022 Critical Mention M&A Broadcasting Detail