Jovono

Jovono is a Los Angeles-based venture capital firm, established in 2017, that describes its mission as investing in "paradigm-shifting founders." Despite maintaining a relatively low public profile, the firm has cultivated an exceptionally high-caliber portfolio, primarily focusing on early-stage investments, often at the Seed or Series A rounds. This strategic focus on foundational stages of disruptive companies underscores their commitment to backing ventures with the potential for significant long-term impact across various industries.

The firm's portfolio boasts an impressive roster of some of the most prominent and valuable technology companies of the past decade. Notable investments include leaders in artificial intelligence such as OpenAI and Anthropic, pioneers in space exploration and infrastructure like SpaceX and The Boring Company, and innovators in fintech including Stripe, Coinbase, and Robinhood. Jovono's Crunchbase profile indicates a total of 11 investments, with one reported as a lead investment. This highly selective approach, coupled with their participation in such sought-after rounds, suggests a strong network and a discerning eye for transformative technologies.

While Jovono does not publicly disclose its typical check sizes, an analysis of their portfolio companies' early funding rounds provides a basis for estimation. Given their consistent participation in Seed and early Series A rounds for companies that have gone on to achieve multi-billion dollar valuations, it is reasonable to infer their initial investments typically range from $500,000 to $5,000,000. This range aligns with common check sizes for significant early-stage participation in highly competitive deals. The firm's ability to access and invest in these exclusive opportunities, despite its limited public presence and a small team, highlights a unique operational model or a highly influential principal behind the scenes.