
PJC
Description
PJC is a Boston-based early-stage venture capital firm that partners with entrepreneurs to build industry-leading companies. Spun out from Polaris Partners' early-stage practice, PJC focuses on Seed, Series A, and Series B investments. The firm maintains a broad investment thesis, actively deploying capital across diverse sectors including enterprise software, consumer technology, artificial intelligence/machine learning, fintech, healthcare IT, and emerging areas like climate tech and the future of work. PJC emphasizes a collaborative approach, often leading investment rounds while also participating in syndicates.
The firm has demonstrated significant fundraising success, underscoring its commitment to supporting early-stage innovation. In 2021, PJC successfully closed PJC Fund V with $250 million in committed capital. Building on this momentum, they further strengthened their investment capacity by closing PJC Fund VI in 2023, which secured $300 million. These substantial funds enable PJC to provide robust financial backing to promising startups.
PJC's typical initial investment ranges from $1 million to $10 million. This flexible check size allows them to support companies from their earliest stages through significant growth milestones, reflecting their dedication to long-term partnerships. Their strategic focus on early-stage companies, combined with substantial capital resources and a diverse sector interest, positions PJC as a key player in the venture capital landscape, particularly within the US Northeast and beyond.
Investor Profile
PJC has backed more than 123 startups, with 3 new investments in the last 12 months alone. The firm has led 31 rounds, about 25% of its total and boasts 29 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in United States, Canada.
- Strong thematic focus on Software, Health Care, Artificial Intelligence (AI).
- Led 2 rounds in the past year.
- Typical check size: $1M – $10M.
Stage Focus
- Seed (28%)
- Series A (22%)
- Series B (20%)
- Series Unknown (11%)
- Series C (10%)
- Pre Seed (4%)
- Series D (3%)
- Debt Financing (2%)
- Angel (1%)
- Undisclosed (1%)
Country Focus
- United States (99%)
- Canada (1%)
Industry Focus
- Software
- Health Care
- Artificial Intelligence (Ai)
- Enterprise Software
- Analytics
- Machine Learning
- Information Technology
- E-commerce
- Fintech
- Saas
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.