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PJC
PJC is a venture capital firm founded in 2001 in Boston, Massachusetts. The firm has invested in over 100 companies across North America, including Expensify,...
PJC
PJC is a venture capital firm founded in 2001 in Boston, Massachusetts. The firm has invested in over 100 companies across North America, including Expensify, Nest, BlockFi, GetWell Network, and Nexamp. PJC has made 198 investments and has 35 portfolio exits, with Synthesis AI being their latest exit on September 25, 2025.
General information
Firm type
Private Equity
Year founded
2004
Location
Region
North America
Country
United States
City
Boston
Corporate office
Boston, MA, United States
Principals
David Martirano
Managing Partner
Matt Hayes
General Partner
Zaid Ashai
Venture Partner
Arun Saigal
Venture Partner
Alok Deshpande
Venture Partner
Sector focus
Frequently asked questions
Who runs investment decisions at PJC?
Managing Partner David Martirano leads the firm. He is supported by General Partner Matt Hayes and venture partners Zaid Ashai, Arun Saigal, and Alok Deshpande, all listed on the firm's website. Specific check sizes and investment committee mechanics are not publicly detailed.
What have been PJC's liquidity outcomes for investors?
Publicly known exits include Expensify (NASDAQ: EXFY), a consumer IoT company acquired by Google, a consumer analytics platform acquired by Salesforce, a consumer energy company acquired by Mitsubishi, and a digital recruiting platform acquired by StepStone. These realized exits span enterprise SaaS, consumer hardware, and two-sided marketplaces.
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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