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Company type | Private company |
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Industry | Venture Capital |
Founded | 2017 |
Founder | Jason Gray |
Headquarters | |
Key people |
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Total assets | $200 million (2024) |
Number of employees | 10 (2024) |
Website | www |
Pioneer Fund is a Canadian/American private venture capital firm founded in 2017 by Jason Gray and led by Y Combinator alumni Jason Gray and Tim Suzman. The company is jointly headquartered in Toronto, Ontario, and San Francisco, California. As of 2024, it had over $200 million in assets under management. The firm's team consists of 10 full-time members, including 5 partners, and over 450 Y Combinator alumni serving as Venture Partners. [1]
Pioneer Fund was established in 2017 by Jason Gray with a focus on investing in startups within the Y Combinator network.
According to Pitchbook, Pioneer Fund has been recognized as the most active VC investor worldwide, excluding accelerators. [2] [3]
Inc Magazine acknowledged Pioneer Fund as the most active investor in the United States for the first quarter of 2024, with 56 startup investments. [4]
The firm primarily invests in startups that have participated in Y Combinator's accelerator program. Pioneer Fund is known for its high volume of investments, particularly in early-stage companies. [3]
Pioneer Fund's investment portfolio is geographically diverse. Approximately 80% of its portfolio companies are based in North America, with the remainder comprising startups from other regions such as Africa, Europe, Latin America, Asia Pacific, and the Middle East. [5]
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