Chestnut Ventures

Chestnut Ventures, which trades on its site as Chestnut Street Ventures, is a venture investing group for Penn alumni. Alumni Ventures runs it, offering a diversified fund plus single-deal syndicates alongside established venture firms.

Products and services

• Annual fund: A new fund is raised each year, made up of a spread of startup investments.
• Syndicate: Deal-by-deal investing for members who want to pick companies.
• Diligence sharing: Members see the due diligence prepared on each deal.
• Venture Club: Fund investors join a club for learning and networking.
• Webinars and articles: Content on topics like AI, climate technology and medical device security.

Who it works with

Accredited Penn alumni who want exposure to venture capital and like investing with fellow alumni. Named holdings include Burrow, Integrate, data.world and Ghost Robotics.

Key facts

• Operator: Alumni Ventures
• Investor base: Accredited Penn alumni
• Fund cycle: A new fund every year