# PJC

PJC is a Private Equity based in Boston, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Boston, United States
- **Region:** North America
- **Address:** Boston, MA, United States
- **Founded:** 2004
- **Assets under management:** Undisclosed
- **Website:** pjc.vc
- **LinkedIn:** https://www.linkedin.com/company/pjcvc

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Enterprise Software
- FinTech
- Consumer Tech
- Digital Health
- InsurTech

## People

- David Martirano — Managing Partner
- Matt Hayes — General Partner
- Zaid Ashai — Venture Partner
- Arun Saigal — Venture Partner
- Alok Deshpande — Venture Partner

## 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.

## Related profiles

- [Pix Vine Capital](https://altss.com/profile/pix-vine-capital)
- [PJ Tech Catalyst](https://altss.com/profile/pj-tech-catalyst)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/pjc

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