Justin Mateen
Description
Justin Mateen, widely recognized as the co-founder and former Chief Marketing Officer of Tinder, has successfully pivoted his entrepreneurial acumen into the venture capital landscape. Leveraging his profound experience in building and scaling a global consumer platform, Mateen co-founded JAM Fund alongside Jonathan Shokrian. This early-stage venture firm has rapidly established itself as a significant player in the startup ecosystem, focusing on disruptive technologies and innovative business models.
JAM Fund primarily targets seed and Series A investments, with a strong inclination towards consumer-facing applications, fintech, healthcare, and e-commerce. The firm is known for its flexible investment approach, typically writing initial checks that range from $250,000 to $2 million. This allows them to support promising startups in their critical early phases. Mateen's portfolio boasts an impressive array of companies, including well-known names like Allbirds, Chime, Cameo, Clubhouse, Hims & Hers, and GoPuff, underscoring his ability to identify and back future market leaders.
Mateen's investment philosophy is deeply rooted in his operational background. He brings invaluable insights into product-market fit, user acquisition, and scaling strategies, offering more than just capital to his portfolio companies. His hands-on approach and network are significant assets for founders navigating the challenges of hyper-growth. JAM Fund's continued success is further evidenced by its ability to raise substantial capital, including a $200 million second fund in 2021, solidifying its position as a robust and active early-stage investor.
Investor Profile
Justin Mateen has backed more than 136 startups, with 1 new investments in the last 12 months alone. The firm has led 20 rounds, about 15% of its total and boasts 14 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in United States, Mexico, Brazil.
- Strong thematic focus on Software, E-Commerce, Health Care.
- Typical check size: $250K – $2M.
Stage Focus
- Seed (49%)
- Series A (21%)
- Pre Seed (10%)
- Series B (6%)
- Series Unknown (5%)
- Series C (4%)
- Convertible Note (2%)
- Post Ipo Equity (1%)
- Undisclosed (1%)
- Angel (1%)
Country Focus
- United States (63%)
- Mexico (6%)
- Brazil (4%)
- United Kingdom (4%)
- India (4%)
- Philippines (3%)
- Colombia (3%)
- Turkey (2%)
- Kenya (2%)
- Singapore (1%)
Industry Focus
- Software
- E-commerce
- Health Care
- Fintech
- Food And Beverage
- Consumer Goods
- Financial Services
- Artificial Intelligence (Ai)
- Consumer
- Logistics
Frequently Asked Questions
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