Overview

Gender

male

Investor Type

Investment Partner,Angel

Investor Stage

Early stage Venture,Seed

Paul Palmieri plays a dual role of investor and advisor to seed and venture stage companies. He serves as both a General Partner of Grit Capital, a NY and Maryland based early-stage fund, and as Venture Partner at BlueRun Ventures in Menlo Park, California. He focuses on data and AI based businesses in the areas of consumer software, marketing technology, media, and commerce. Some of his current investments include Niche, Jackpocket, Zeel, Pulse8, Scorestream, Immersv, Yet Analytics and Moonlighting. He serves on the board member at Niche, and as an observer at iFundWomen.

Mr. Palmieri is a successful entrepreneur in the internet space – most notably in the mobile ecosystem. He was the co-founder, Chairman and CEO of Millennial Media (NYSE:MM) from 2006 to 2014, a market leading advertising technology company. He led the company from concept to several hundred million USD in revenue, operations on three continents, a successful IPO, and operation and growth as a public company. Prior to Millennial Media, he held management positions at Verizon (NYSE: VZ), Advertising.com (AOL), and Tessco Technologies (NASDAQ: TESS). He has been a frequent guest on CNBC, Fox Business, and Bloomberg Television, as an expert in user data, and the secular trend of mobile computing. Mr. Palmieri is the former Global Chairman of the Mobile Marketing Association, and served on the board of the Interactive Advertising Bureau. He is a current national judge for the EY Entrepreneur of the Year program, was a winner of the award in the technology category in 2011, and was named Executive of the Year in 2011 by the American Business Awards.

Mr. Palmieri is a graduate of Mount St. Mary’s University, where he serves as a Trustee. He lives in Baltimore, Maryland with his wife and 2 children, and operates Grit Capital Partners out of New York City.