JF

JAM Fund

North America, California, United States, Los Angeles

Description

JAM Fund is a Los Angeles-based venture capital firm founded by Justin Mateen, a co-founder of Tinder, establishing itself as a prominent early-stage investor in the United States. Launched with a strong entrepreneurial background at its helm, the firm primarily targets visionary founders who are poised to disrupt large markets across various sectors. JAM Fund's investment philosophy emphasizes a hands-on approach, leveraging Mateen's extensive experience in scaling consumer technology companies to support its portfolio.

The firm maintains a broad investment mandate, actively seeking opportunities across diverse industries including consumer technology, enterprise SaaS, fintech, healthcare, and artificial intelligence. JAM Fund focuses predominantly on pre-seed, seed, and select Series A rounds, aiming to be the first institutional capital for promising startups. Their strategy is to identify companies with strong product-market fit potential and provide not just capital, but also strategic guidance and network access to accelerate growth.

JAM Fund has demonstrated significant growth in its capital base since its inception. The firm successfully raised its first fund, JAM Fund I, with $20 million in 2020, followed by JAM Fund II, which closed at $100 million in 2021. Most recently, JAM Fund III secured $200 million in 2023, reflecting increasing investor confidence and the firm's expanding capacity. This growth enables JAM Fund to write initial checks ranging from $500,000 to $5 million, and sometimes more, positioning them as a substantial early-stage partner for ambitious startups.

Beyond financial investment, JAM Fund prides itself on being a founder-friendly firm that offers operational support and strategic insights. Mateen and his team actively engage with portfolio companies, providing mentorship on product development, market strategy, and talent acquisition. This hands-on involvement is designed to help founders navigate the challenges of early-stage growth and scale their ventures effectively, reinforcing JAM Fund's commitment to long-term partnership.

Investor Profile

JAM Fund has backed more than 97 startups, with 2 new investments in the last 12 months alone. The firm has led 34 rounds, about 35% of its total and boasts 5 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, Mexico, Brazil.
  • Strong thematic focus on E-Commerce, Software, FinTech.
  • Typical check size: $500K – $5M.

Stage Focus

  • Seed (53%)
  • Series A (23%)
  • Series B (9%)
  • Pre Seed (7%)
  • Series Unknown (4%)
  • Series C (3%)
  • Series D (1%)

Country Focus

  • United States (49%)
  • Mexico (12%)
  • Brazil (6%)
  • India (5%)
  • Colombia (5%)
  • Kenya (3%)
  • Pakistan (3%)
  • Ghana (2%)
  • Philippines (2%)
  • Indonesia (2%)

Industry Focus

  • E-commerce
  • Software
  • Fintech
  • Financial Services
  • Information Technology
  • Logistics
  • Internet
  • Apps
  • Saas
  • Delivery
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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 JAM Fund frequently co-invest with?

Base10 Partners
North America, California, United States, San Francisco
Co-Investments: 6
Bossa Invest
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 5
FJ Labs
North America, New York, United States, New York
Co-Investments: 8
Soma Capital
North America, California, United States, San Francisco
Co-Investments: 21
Liquid 2 Ventures
North America, California, United States, San Francisco
Co-Investments: 5
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 20
DST Global
Europe, England, United Kingdom, London
Co-Investments: 5
Global Founders Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 6
Breyer Capital
North America, California, United States, Menlo Park
Co-Investments: 5
Tiger Global Management
North America, New York, United States, New York
Co-Investments: 6

Which angels does JAM Fund often collaborate with?

KA
North America, New York, United States, New York
Shared Deals: 2
JM
North America, United States
Shared Deals: 31
EL
North America, Florida, United States, Miami Beach
Shared Deals: 4
BR
North America, California, United States
Shared Deals: 2
CG
Europe, England, United Kingdom, London
Shared Deals: 3
PT
North America, California, United States, San Francisco
Shared Deals: 6
CL
North America, California, United States, San Francisco
Shared Deals: 5
RL
North America, Oregon, United States, Bend
Shared Deals: 5
EG
North America, New York, United States, New York
Shared Deals: 2
IA
North America, California, United States, San Francisco
Shared Deals: 3

What are some of recent deals done by JAM Fund?

Hidden Studios

Los Angeles, California, United States

Hidden Studios develops and advertises Fortnite Creative games, with 100M+ plays monthly.

AdvertisingGaming
Pre SeedApr 30, 2025
Amount Raised: $1,500,000
Rise

Beachwood, Ohio, United States

Rise provides crypto payroll and web3 workforce solutions to help businesses onboard, manage, and pay local and global contractors.

BlockchainBookkeeping and PayrollComplianceHuman ResourcesWeb3
Series ANov 21, 2024
Amount Raised: $6,300,000
Rollup

West Hollywood, California, United States

Rollup is a collaborative platform that develops hardware solutions.

HardwareSoftware
SeedMay 20, 2024
Amount Raised: $5,600,000
Conta Simples

São Paulo, Sao Paulo, Brazil

Conta Simples provides a solution that combines expense management software, corporate cards, and checking account for Latam SMBs.

Financial ServicesFinTechInformation TechnologyInternetSoftwareVenture Capital
Series BJan 9, 2024
Amount Raised: $40,761,415
Urbanic

London, England, United Kingdom

Urbanic is a global brand in London, committed to empowering consumers with top-notch fashion that blends innovation and responsibility.

E-CommerceFashionMobile Apps
Series CNov 15, 2023
Amount Raised: $150,000,000
Krave Mart

Karachi, Sindh, Pakistan

Krave Mart is an e-commerce company that offers an online grocery store delivering products within minutes.

Consumer GoodsDeliveryE-CommerceGrocery
SeedNov 10, 2023
Amount Raised: $6,250,000
Fun

San Francisco, California, United States

Fun offers to build a product ecosystem that leverages cross-chain decentralized wallets on the Odsy blockchain.

AppsBlockchainInformation TechnologyWeb DevelopmentWeb3
SeedOct 22, 2023
Amount Raised: $10,000,000
Usage AI

New York, New York, United States

Usage AI helps companies reduce their AWS bills.

Artificial Intelligence (AI)ComputerMachine LearningSaaSSoftware
Series UnknownSep 12, 2023
Amount Raised: $9,000,000
Heading Health

Austin, Texas, United States

Heading Health is a technology-enabled mental health platform improving access to affordable care.

Health CareMedicalMental HealthmHealthWellness
Series AJun 29, 2023
Amount Raised: $4,500,000
Movo

San Francisco, California, United States

Movo is the human capital management (HCM) platform for today's frontline workforce

Human ResourcesSaaSSoftware
Series UnknownJun 6, 2023
Amount Raised: $1,000,000