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Legendary Angel Investor Pejman Nozad is Raising a $20M Venture Capital Fund

Screen shot 2011-02-15 at 3.47.21 PMMattermark has learned that the well known and widely respected angel investor Pejman Nozad is raising a fund alongside joint managing partner Mar Hershenson. The news was confirmed in a regulatory filing on Friday with the United States Securities and Exchange Commission.

Mar is CEO of Revel Touch, a former EIR at Foundation Capital, and previously held roles as VP of Product Development at Magma Design Automation and CEO/Cofounder of Sabio Labs. She has a PhD in Electrical Engineering from Stanford University.

According to a March 2012 story in Forbes, Nozad’s personal net worth is estimated to be roughly $50 Million, and he is an early investor in Dropbox, Path, Causes, Zoosk, Lending Club, Addepar, Badgeville, Peek.com, FundersClub and many more.

© Mattermark 2024. Sources: Mattermark Research, Crunchbase, AngelList.
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