Palm Drive Capital

Palm Drive Capital, established in 2014, is a New York-based venture capital firm that invests in early-stage and growth-stage companies across the United States. The firm focuses on deep tech and enterprise software sectors, with a presence in emerging tech hubs beyond the West Coast, including the Northeast, Midwest, and South. Palm Drive Capital provides capital and strategic support to entrepreneurs, aiming to help them grow their businesses.

Salem Bou Aoun

Venture Partner

Catherine Cai

Partner

Seamon Chan

Co-Founder and Partner

Nicholas Hsu

Managing Partner

Cathy Hwang

Venture Partner

Hendrick Lee

Co-Founder and Partner

Tudor Muntianu

Investor

Abhinav Sathish

Investment Analyst

Henry Woram

Principal

Past deals in Algeria

Yassir

Venture Round in 2020
Yassir is a leading super app based in Algiers, Algeria, that offers a range of on-demand services, including ride-hailing, food delivery, and financial services. Founded in 2016, Yassir has developed a mobile application that allows users to book drivers at any time and place, along with options for ordering food and groceries. The company operates in 45 cities across multiple countries and aims to enhance daily services through its technology-driven platform. Recently, Yassir has expanded its offerings to include digital payment solutions, enabling users to pay, save, and borrow online, thereby contributing to the digital economy in the region. With significant backing from notable investors, Yassir is focused on creating a marketplace that meets various consumer needs while embedding social values in its operations.
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