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Pareto Holdings
Jon Oringer and Edward Lando built Pareto Holdings as a permanently capitalized venture studio — no LPs, no fund cycles, no outside capital.
Pareto Holdings
Pareto Holdings launched as the investment platform for Jon Oringer, who founded Shutterstock and took it public in 2012. Oringer partnered with prolific angel investor Edward Lando to build a firm that rejects the traditional venture model: Pareto has never raised external capital, a structure the firm calls "free by design." The partnership gives Oringer's personal balance sheet a dedicated early-stage vehicle run by a team of Partners and Investors split between US and French offices. The firm targets pre-seed and seed-stage technology companies across consumer internet, enterprise software, and crypto-native infrastructure. Pareto writes equity checks directly from its own balance sheet and also builds companies internally through its venture studio arm — the Pareto House program. Confirmed direct investments include token positions in Lido Finance and Transpose, alongside a portfolio of undisclosed early-stage startups. The team runs a Pareto Fellowship to embed operators inside new ventures, effectively warehousing talent for portfolio companies. Geographic focus spans North America and Europe, with deal-sourcing anchored in New York, San Francisco, and Paris. Pareto's disclosed team runs to at least 12 professionals, including Partners Edward Lando, Annie Wasserman, Jules Boustouller, and Ben Cambier, supported by a Venture Partner and Advisory network. The firm maintains a residential real estate portfolio concentrated in Miami Beach — properties on North Bay Road and Rivo Alto Drive — alongside mixed-use holdings in Hyannis, Massachusetts and a private helicopter. Oringer's philanthropic activity flows through the Jon Oringer Foundation, a separate entity from the investment platform. Pareto's structural differentiator is its refusal of the LP relationship entirely. The firm does not manage a fund, does not charge management fees, and does not mark portfolios for quarterly reports — it deploys founder capital on a founder's timeline. This architecture removes institutional investors from the equation while giving Pareto the flexibility to hold positions indefinitely or exit opportunistically, a posture few early-stage firms can replicate without a nine-figure personal balance sheet backing every decision.
General information
Firm type
Generalist
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, United States
Additional offices
San Francisco, United States · Paris, France
Principals
Edward Lando
Partner
Annie Wasserman
Partner
Jules Boustouller
Partner
Ben Cambier
Partner
Tim Simon
Investor
Anika Adzich
Investor
Carson Kraycik
Investor
Antonia Wegmann
Investor
Celia Molkentin
Investor
Rohit Bhadange
Venture Partner
Nathan Lian
Advisor
Altss tracks 2 additional named team members for this firm — including direct investment leads, IR, and operating principals not listed on the public website.
Book a demoFrequently asked questions
Does Pareto Holdings manage outside capital?
No. The firm states explicitly it has never raised any outside capital and operates "free by design." All investments are made from the balance sheet of co-founder Jon Oringer, who built his wealth as the founder of Shutterstock. This means Pareto has no limited partners, no fund lifecycle, and no redemption pressure.
What is the relationship between Pareto Holdings and Shutterstock?
Pareto Holdings is the family office-style investment vehicle for Jon Oringer, Shutterstock's founder and former CEO. Shutterstock itself is a publicly traded company listed on the New York Stock Exchange; Pareto is a separate private entity that invests Oringer's personal capital. There is no corporate affiliation between the two.
How does Pareto source its early-stage deals?
Deal flow comes through the networks of Edward Lando — an active member of Techstars and StartX — and the wider partner group across New York, San Francisco, and Paris. The Pareto Fellowship also functions as a talent-sourcing channel, embedding operators inside startups and creating proprietary visibility into founding teams before they raise broadly.
What is the Pareto House and Fellowship?
Pareto House is the firm's venture studio arm that helps build companies internally rather than solely backing external founders. The Pareto Fellowship places operators directly into these studio projects and portfolio companies, effectively creating a bench of entrepreneurial talent that can be deployed across new ventures. Both programs signal a hands-on company-building posture beyond passive check-writing.
Which investment stages does Pareto target?
Pareto targets early-stage — specifically pre-seed and seed rounds. The firm's website and public positioning describe it as an early-stage investor and company builder. It has also held liquid token positions, as seen with Lido Finance and Transpose, indicating appetite for very early crypto-native projects alongside traditional equity.
Who runs investment decisions at Pareto Holdings?
Investment decisions appear to be run by the partnership group, with Edward Lando and Jon Oringer as the central figures. Lando is the most externally visible Partner and serves as the face of the firm's investment activity. Jon Oringer's role is foundational — he is the capital source — while the day-to-day investing team includes Partners Annie Wasserman, Jules Boustouller, and Ben Cambier.
Is there a philanthropic arm associated with Pareto Holdings?
Yes, Jon Oringer maintains the Jon Oringer Foundation as a separate philanthropic entity. It is distinct from the Pareto Holdings investment platform and is not funded by external donations. The foundation's specific program areas are not publicly detailed, but its existence mirrors a common structure among single-family-backed investment offices.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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