# PJC

> PJC is a Boston venture capital firm founded in 2001 as Point Judith Capital. It seeks to provide first institutional capital to young companies across North America, backing enterprise software, consumer businesses and AI while supporting founders with financial expertise, operating experience and industry connections. It reports investments in more than 100 companies, including Nest, Expensify, GetWellNetwork and Nexamp.

- **Founded:** 2001
- **Headquarters:** Boston, United States
- **Founders:** David Martirano (Co-founder and Managing Partner), Gina Raimondo (Co-founder; former General Partner)
- **Products:** Early-stage venture investment, Portfolio company support
- **Notable:** Reports investing in more than 100 companies across North America., Portfolio includes Nest, which Google agreed to acquire for $3.2 billion in cash in January 2014., Portfolio includes publicly listed expense-management company Expensify (NASDAQ: EXFY).

## Products & services

- **Early-stage venture investment** — First institutional financing, focused on pre-seed, seed and Series A businesses in enterprise, consumer and AI across North America.
- **Portfolio company support** — Founder relationships, financial and operating guidance, help preparing for future financing, and introductions to industry experts.

## Achievements

- Reports investing in more than 100 companies across North America.
- Portfolio includes Nest, which Google agreed to acquire for $3.2 billion in cash in January 2014.
- Portfolio includes publicly listed expense-management company Expensify (NASDAQ: EXFY).
- Portfolio company Railbird was acquired by DraftKings in October 2025.
- Participated in Ruli's $6 million seed financing announced in November 2025.

## Latest updates

- **2025-11** — Ruli announced a $6 million seed round led by Album VC, with PJC and SignalFire among the participants.
- **2025-10** — DraftKings announced its acquisition of portfolio company Railbird and its federally licensed exchange.
- **2024-09** — AceUp announced a $22.5 million Series A, with PJC named among the lead investors in its release.
- **2024-04** — FindMine announced an approximately $9 million Series A led by Grayhawk Capital, with PJC participating.

## Links

- Website: https://www.pjc.vc/
- LinkedIn: https://www.linkedin.com/company/pjcvc/
- Twitter/X: https://twitter.com/pjcventure
- Facebook: https://www.facebook.com/pjcvc/

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Profile page: https://yespress.io/pjc
Published by YesPress — https://yespress.io
Last updated: 2026-10-23