Chaac Ventures

Chaac Ventures is a Santa Monica-based venture capital firm with a distinctive investment thesis centered on the entrepreneurial ecosystem of Princeton University. Established by Princeton alumni, the firm primarily targets pre-seed and seed-stage technology companies that are founded or co-founded by Princeton University alumni. This specialized focus allows Chaac Ventures to leverage a deep network within the Princeton community, providing a unique advantage in sourcing high-quality deal flow and offering strategic support to its portfolio companies.

The firm's investment strategy goes beyond capital provision, emphasizing mentorship, talent acquisition, and business development facilitated by its extensive alumni connections. Chaac Ventures initially launched its first fund, Chaac Ventures I, in 2019, successfully raising $20 million to support its early investments. Building on its initial success and a growing pipeline of promising ventures, the firm subsequently closed its second fund, Chaac Ventures II, in 2023, raising $40 million. This significant increase in capital underscores the firm's expanding capacity and commitment to its niche market.

Chaac Ventures typically provides initial capital ranging from $500,000 to $1.5 million per investment, aligning with the needs of early-stage startups. By focusing on founders with a shared alma mater, Chaac Ventures aims to foster a collaborative environment where portfolio companies can benefit from collective wisdom, resources, and connections within the Princeton alumni network. This targeted approach positions Chaac Ventures as a key partner for Princeton-affiliated entrepreneurs looking to scale their innovative technology ventures.