Jennifer Fonstad

Jennifer Fonstad is a veteran Silicon Valley venture capitalist and co-founder of Owl Capital Group, with a 25+ year career that spans DFJ, Aspect Ventures, and her current early-stage fund. She helped grow DFJ's AUM from $150M to $3.5B, co-founded Aspect Ventures with Theresia Gouw in 2014, and is a champion of diverse founding teams. A Kauffman Fellow mentored by Tim Draper, she has backed companies including Tesla, SpaceX, Athenahealth, and ForeScout, racking up 8 IPOs and 23 M&A transactions. She co-founded Broadway Angels, is a founding member of All-Raise, serves on the Mastercard Foundation board, and was named to Forbes 50 Over 50 in 2025.