JY

Jacob Yormak

Managing Partner at Story Ventures

New York City Metropolitan Area

Overview 

Jacob Yormak is currently the Managing Partner at Story Ventures in New York City, specializing in venture capital, private equity, and mergers & acquisitions. With a background in corporate law and finance, he has successfully invested in notable companies like Delfina and Wellory, focusing on impact, data services, analytics, and AI sectors in the NYC area.

Work Experience 

  • Founder and Managing Partner

    2016 - Current

    Story Ventures is an early-stage investment firm that specializes in the building blocks of automated systems: the capture of data via physical sensors, the normalization of disparate data, and the application of artificial intelligence to newly accessible data. Story specializes in companies that capture or enable the utilization of closed, proprietary data, to generate valuable insights.

  • Board Member

    2017

    Inspiren has built the first integrated hardware + software care platform to transform senior living. Smarter care, on every wall. One room at a time.

  • Board Member

    2022

    Sheer Health provides consumers and providers with an AI copilot to access health insurance data and take action to reduce medical costs and complexities.

  • Board Member

    2020

    Phood is an integrated hardware + software platform that utilizes computer vision to reduce food waste at the point of production.

  • Board Member

    2022

    Delfina is a data platform for obstetrics providers to utilize machine learning and predictive analytics to prevent adverse pregnancy events.

  • Board Observer

    2020

    viaPhoton is a robotics-enabled manufacturer of high density fiber optic solutions for data centers, creating end-to-end fiber connectivity for machine intelligence.

  • Board Observer

    2020

    Motorq integrates with vehicle manufacturers to provide the leading connected vehicle data platform for automotive data.

  • Board Observer

    2023

    Prism is a data structuring and insights business that helps financial services customers accurately assess the creditworthiness of borrowers via advanced cash-flow-underwriting models that process open banking data.

Prism Data is a cash flow underwriting infrastructure and analytics platform powering the next generation of risk scoring.

Raised $5,000,000.00 from Story Ventures, Valar Ventures, Synchrony Ventures, Citi Impact Fund, Obvious Ventures, Core Innovation Capital and Plaid.

  • Attorney

    2015 - 2016

    Represented startup technology companies in connection with corporate formation, financing, governance, IP strategy, and liquidity.

Gunderson Dettmer is a business law firm that is focused on global venture capital and emerging technology.

  • Attorney

    2013 - 2015

    Represented public and private companies and financial institutions in connection with complex debt and equity transactions.

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