JT

Jonathan Tower

Venture Capitalist | Managing $5Bn AUM | Investor in Dollar Shave Club ($1Bn exit), Jet.com ($3.5Bn exit), Freshly ($1.5Bn exit), and unicorns Qumulo, Jeeves, Cart.com and others

Palo Alto, California

Overview 

Jonathan Tower is a Venture Capitalist managing $5 billion in assets under management, with notable investments in Dollar Shave Club, Jet.com, Freshly, and unicorns like Qumulo and Jeeves. He currently serves as the Managing Director and head of US Investments at Prosperity7 Ventures, overseeing a diverse portfolio of successful startups and emerging markets.

Work Experience 

  • Investor

    2023 - Current

    Hammerspace offer an automated data orchestration system to unify and manage data across the edge, data centers, and public cloud.

Hammerspace offers an automated data orchestration system to unify and manage data across the edge, data centres, and public cloud.

Raised $56,700,000.00 from ARK Investment Management, Pier 88 Investment Partners, ICU Ventures and Prosperity7 Ventures.

  • Investor, Board Member

    2022

    Cart.com is the commerce company helping brands sell everywhere and scale infinitely. The Company fuels ecommerce brand growth with the tools, technology and people to outsmart, outperform and outpace the competition.

Cart.com is a technology company that provides a unified commerce platform to help companies from discovery to delivery.

Raised $759,213,278.00 from BlackRock, Silicon Valley Bank and Trinity Capital.

  • Investor

    2022

    Jeeves is a fintech company that focuses on expense management and payments.

Jeeves Inc. is a B2B financial tech platform offering credit, funded corporate cards, and cross-border payments for businesses.

Raised $443,000,000.00 from Community Investment Management.

  • Managing Director, head of US Investments

    2022

    Prosperity7 Ventures is a global venture capital platform with offices in Palo Alto, New York, Dhahran, Beijing, and Shanghai. With $5Bn in AUM, Prosperity7 invests in early to late-stage ventures across several geographies and sectors, including enterprise, ecommerce enablement, SaaS, cybersecurity, Fintech, Data/AI, storage, robotics, space, autonomous vehicles/mobility and industrial tech. The fund targets ground-breaking companies deploying disruptive technologies with the ability to achieve global scale and address fundamental human and business challenges.

  • Investor

    2016

    End-to-end property management platform to assist property owners and renters in drastically improving the process of finding and renting real estate.

  • Investor

    2016

    End-to-end wedding management and communications platform

  • Investor

    2016

    Provider of an end-to-end solution enabling designers and brands to manufacture their apparel anywhere in the world

  • Investor

    2016

    Multi-channel e-commerce company delivering hair care products and helping users maintain their hair without visiting a salon

Madison Reed is a beauty company that offers hair coloring products online.

Raised $273,711,245.00 from Runway Growth Capital.

  • Investor

    2015

    Consumer application that helps save users money by aggregating all available shopping options before making a purchase

  • Investor

    2015

    Developer of simple, scaleable, efficient scale-out enterprise data storage systems

Qumulo provides a file data platform for multi-cloud environments with large scale file data.

Raised $347,300,000.00 from TriplePoint Ventures, Madrona, Kleiner Perkins, BlackRock Private Equity Partners, Highland Capital Partners and Amity Ventures.

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