Venture Capital

Updated:

Pejman Nozad

Pejman Nozad co-founded Pear VC in 2008, a pre-seed and seed-stage venture firm backing North American technology startups with operational support.

Pejman Nozad

Pejman Nozad launched Pear VC in 2008 as a venture capital firm focused on the earliest stages of company building. The firm operates out of San Francisco and invests across North America. Pear VC targets pre-seed, seed, and Series A rounds in technology startups spanning fintech, digital health, enterprise software, AI/ML, and other sectors. The firm offers portfolio companies hiring assistance, go-to-market strategy development, and fundraising guidance. Known direct investments include DoorDash and Gusto, both of which grew into publicly valued companies (per public record). Geographically, Pear VC concentrates on North America but considers opportunities broadly. The firm has invested in over 200 companies since inception and maintains a lean team. Pejman Nozad serves as Managing Partner, leading investment decisions and firm strategy. The firm does not publicly disclose AUM or deployment figures. Pear VC differentiates itself through a structured founder-support model that includes dedicated resources for recruiting, sales, and capital strategy—an approach more common at later-stage firms. This operational scaffolding is designed to reduce early-stage failure rates and accelerate time to product-market fit.

Website
pearvc.com

General information

Firm type

Venture Capital

Year founded

2008

AUM

$100M - $500M (Altss estimate)

Location

Region

North America

Country

United States

City

San Francisco

Corporate office

San Francisco, CA, United States

Principals

Pejman Nozad

Managing Partner

Sector focus

FinTechHRTechDigital HealthGamingData AnalyticsEdTechMobility & TransportationInsurTechMarketing & SalesEnergy Transition & RenewablesAI/MLBiotechConsumer TechEnterprise Software

Frequently asked questions

Who runs investment decisions at Pear VC?

Pejman Nozad serves as Managing Partner and leads investment decisions for the firm. He co-founded Pear VC in 2008 and has overseen all funds and portfolio company relationships since inception.

How does Pear VC source proprietary deal flow?

The firm sources deals through a combination of inbound founder referrals, network connections from its portfolio companies, and direct outreach to technical founders. Pear VC also runs educational programs and events to build early relationships with potential founders.

Is Pear VC structured as a single family office or does it operate more like a venture firm?

Pear VC operates as a traditional venture capital firm, not a family office. It raises institutional capital from limited partners to invest in early-stage technology startups.

Does Pear VC participate in fund commitments or only direct deals?

Pear VC primarily makes direct equity investments in startups. It does not typically make fund commitments to other managers or serve as a fund-of-funds.

What investment stages does Pear VC typically target?

The firm focuses on pre-seed, seed, and Series A rounds. It writes initial checks ranging from $500,000 to $2 million, with capacity to follow on in later rounds.

Which sectors does Pear VC explicitly avoid?

The firm does not publish a list of excluded sectors but concentrates on technology-enabled startups. It generally avoids capital-intensive industries like heavy manufacturing, real estate, and pure biotech therapeutics.

Where does the underlying wealth come from?

Pejman Nozad built his wealth through venture capital and prior technology investments. He has not publicly disclosed a family wealth origin beyond his career as a venture investor.

Profile maintained by 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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