Chestnut Street Ventures

Chestnut Street Ventures is a private investing community for accredited alumni of Penn. It runs both a diversified venture fund and deal-by-deal syndications. It sits within Alumni Ventures, which describes itself as the largest venture firm for individual investors in America.

Products and services

• Annual venture fund: raises and invests a new fund each year, holding a spread of startups.
• Deal-by-deal syndicate: lets members choose single investments.
• Co-investment: invests alongside established venture capital firms that lead the rounds.
• Member benefits: members join a Venture Club with events, learning and networking, and get shared due diligence on each deal.

Who it serves

Accredited investors from the Penn community who want exposure to venture capital, and startups with a Penn connection.

Key facts

• Community: Penn alumni and friends
• Parent platform: Alumni Ventures
• Portfolio examples: a mattress retailer, a robotics company and a data platform