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Palm Tree Crew

North America, Florida, United States, Miami Beach

Description

Palm Tree Crew (PTC) is an investment and management company founded by world-renowned DJ and producer Kygo and his manager Myles Shear. Based in Miami Beach, Florida, PTC strategically focuses its investments at the intersection of consumer, entertainment, and technology. Leveraging Kygo's global brand and extensive network, the firm distinguishes itself by offering not only capital but also significant marketing, brand-building, and strategic support to its portfolio companies, making them a unique partner in the venture landscape.

PTC's investment strategy targets disruptive brands and innovative platforms that resonate strongly with modern consumers. They actively seek opportunities where their deep expertise in brand development, content creation, and audience engagement can add substantial value beyond a financial investment. Their diverse portfolio spans various sectors, including plant-based foods, beverage brands, music-related ventures, and exclusive membership clubs. As of early 2021, Palm Tree Crew had invested in over 30 companies, demonstrating a consistent and active engagement in the startup ecosystem.

Operating more as a strategic investment arm than a traditional venture capital fund, PTC often participates in larger syndicated rounds alongside other prominent investment firms. While specific individual check sizes are not publicly disclosed, their involvement in significant funding rounds, such as Liquid Death's $75 million Series C or Daring Foods' $40 million Series B, indicates their capacity to contribute meaningful capital. Their distinct value proposition lies in their ability to blend financial backing with unparalleled access to entertainment industry networks and brand-building capabilities, positioning them as an attractive partner for startups aiming to scale their consumer reach and cultural impact.

Investor Profile

Palm Tree Crew has backed more than 26 startups, with 4 new investments in the last 12 months alone. The firm has led 3 rounds, about 12% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, Cayman Islands.
  • Strong thematic focus on Software, Music, Cryptocurrency.
  • Led 1 rounds in the past year.

Stage Focus

  • Seed (42%)
  • Series A (35%)
  • Series Unknown (15%)
  • Series C (4%)
  • Pre Seed (4%)

Country Focus

  • United States (96%)
  • Cayman Islands (4%)

Industry Focus

  • Software
  • Music
  • Cryptocurrency
  • Blockchain
  • Financial Services
  • Food And Beverage
  • Nutrition
  • Web3
  • Information Technology
  • Fintech
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Palm Tree Crew frequently co-invest with?

TC
North America, New York, United States, New York
Co-Investments: 2
Gold House Ventures
North America, California, United States, Walnut
Co-Investments: 2
Abstract Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Scalar Capital
North America, California, United States, San Francisco
Co-Investments: 2
SV Angel
North America, California, United States, San Francisco
Co-Investments: 2
Variant
North America, New York, United States, Brooklyn
Co-Investments: 3
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 3
Lerer Hippeau
North America, New York, United States, New York
Co-Investments: 3
11:11 Media
North America, California, United States, Beverly Hills
Co-Investments: 2
Flamingo DAO
North America, California, United States, Sacramento
Co-Investments: 2

Which angels does Palm Tree Crew often collaborate with?

DD
North America, Georgia, United States, Atlanta
Shared Deals: 2
PH
North America, California, United States, Beverly Hills
Shared Deals: 3
MK
North America, California, United States
Shared Deals: 2
NB
North America, New York, United States, New York
Shared Deals: 2
RT
North America, Oklahoma, United States, Tulsa
Shared Deals: 3
SA
North America, Nevada, United States, Las Vegas
Shared Deals: 3
David Grutman
North America, Florida, United States
Shared Deals: 3
MO
North America, California, United States, Beverly Hills
Shared Deals: 2
Shared Deals: 3
NO
North America, Florida, United States
Shared Deals: 2

What are some of recent deals done by Palm Tree Crew?

Sauz

Los Angeles, California, United States

Sauz is a food and beverages company that offers a variety of pasta sauce.

Food and BeverageFood ProcessingGrocery
Series UnknownJun 11, 2025
Amount Raised: $12,000,000
Mary Lou’s

Florida, New York, United States

Mary Lou’s provide lavish parties that brings together light fare, crafted cocktails, world-class entertainment in an unforgettable setting.

HospitalityRestaurants
Series UnknownMay 27, 2025
Hook

New York, New York, United States

Hook operates as a music expression platform that harnesses the power of AI.

MusicSocial Media
SeedMar 26, 2025
Amount Raised: $3,000,000
Aerflo

Brooklyn, New York, United States

Aerflo a transportable method of carbonating sparkling water.

Consumer Goods
Series UnknownAug 28, 2024
Amount Raised: $10,000,000
W Labs

Miami, Florida, United States

W is the men's personal care brand.

Series AJul 23, 2024
Amount Raised: $11,000,000
FUZE Technology

Los Angeles, California, United States

FUZE Technology is an Information Technology and Services.

HardwareInformation TechnologySoftware
Series AJun 13, 2024
Amount Raised: $11,500,000
Footprint

New York, New York, United States

Automated onboarding that solves for identity, fraud, auth, and security.

ComplianceCyber SecurityData StorageFraud DetectionIdentity ManagementSoftware
Series AMay 21, 2024
Amount Raised: $13,000,000
Medium Rare

New York, New York, United States

Medium Rare operates as a live events and management company.

Event ManagementMedia and Entertainment
Series UnknownApr 11, 2024
Sound

San Francisco, California, United States

Sound connects artists and listeners to take ownership over the culture they create together.

BlockchainMusic
Series AJul 12, 2023
Amount Raised: $20,000,000
Lens Protocol

George Town, Midland, Cayman Islands

Lens Protocol is a composable and decentralized social network serving the Web3 community.

AppsData IntegrationSocial NetworkWeb3
SeedJun 8, 2023
Amount Raised: $15,000,000