Palm Tree Crew

Company

Investment-firm

Last deal

$32M

Amount

Venture - Series Unknown

Stage

22.01.2024

Date

3

all rounds

$42.2M

Total amount

Financing round

General

About Company
Palm Tree Crew invests in companies at the intersection of consumer, entertainment, and technology.

Industry

Sector :

Subsector :

Also Known As

Palm Tree

founded date

2020

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The Miami-based company, co-founded by Kygo, Myles Shear, and Austin Criden, operates Palm Tree Crew Investments, a corporate venture capital arm that partners with early-stage businesses and entrepreneurs in the consumer, technology, and entertainment sectors. Palm Tree Crew Holdings owns and operates the Palm Tree Crew brand, which includes ventures in live entertainment, hospitality, talent management, and philanthropy. For investment opportunities, email [email protected].
Legal Names

Legal name

Palm Tree Crew Holdings
Sub-Organizations
1

Palm Tree Crew Investments

Palm Tree Crew Investments is the early-stage investment arm of music producer Kygo and his manager Myles Shear's Palm Tree Crew Holdings.

Sector

Media

Subsector

Entertainment

Keywords

Venture Capital

Location

Miami Beach, FL, USA

count Of Investments

9
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count Of Exists

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All Roads

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Subsector

Diversified Industrials

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Location

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Financials

Funding Rounds
3
3

Number of Funding Rounds

$42.2M

Money Raised

Their latest funding was raised on 22.01.2024. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
22.01.2024
$32M
16.01.2024
7
$6M
01.06.2023
$4.2M
Investments
22
Date 
name 
Lead 
type 
Raised 
23.07.2024
No
$11M
13.06.2024
No
$11.5M
Aerflo

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total raised

$10M
W Labs

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Location

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total raised

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chargeFUZE

chargeFUZE

chargeFUZE offers a mobile application for renting portable phone chargers from charging stations.

Sector

Retailers

Subsector

Specialty Retailers

Location

Los Angeles, CA, USA

total rounds

2

total raised

$16.5M
Co-Investors
Investors
7
0

Number of lead investors

7

Number of investors

Investor 
Lead 
Round 
Partners 
No
Undisclosed
No
Undisclosed
No
Undisclosed
Brad Garlinghouse

Brad Garlinghouse

Brad Garlinghouse is the CEO of Ripple and a member of the Board of Directors. Prior to Ripple, Brad served as the CEO of file collaboration service Hightail. From 2009 to 2012 he was President of Consumer Applications at AOL and prior to that he held various executive positions at Yahoo! from 2003 to 2009, including Senior Vice President. Earlier in his career, Brad helped to pioneer the VoIP industry as CEO of Dialpad Communications. He currently serves on the Board of Directors of OutMatch and has held board positions at Ancestry.com and Tonic Health.

current job

Ripple
Ripple
Barry Sternlicht

Barry Sternlicht

Barry Sternlicht is Chairman & Chief Executive Officer of Starwood Capital Group, the private investment firm he formed in 1991 focused on global real estate, hotel management, oil and gas, energy infrastructure and securities trading. Sternlicht is also Chairman of Starwood Property Trust, now the largest commercial mortgage REIT in the U.S. traded on the NYSE. For the past twenty-two years, he has structured investments with an asset value of more than $40 billion. Starwood's funds have invested in more than 18,000 apartment units, more than 1,000 hotels, over 22 million square feet of office properties, 15 million square feet of retail and over 20,000 acres of land in residential subdivisions. Today the firm manages approximately $29 billion of assets under management on behalf of its high net worth and institutional partners. Starwood Capital Group employs approximately 330 associates at its headquarters in Greenwich, Connecticut, with other offices in Atlanta, Chicago, San Francisco, Los Angeles, Washington DC, London, Sao Paolo, Paris and Luxembourg. Starwood’s family of products includes Starwood Energy Partners, focused on energy infrastructure investments, Starwood Real Estate Securities, a long-short fund, and Starwood Oil & Gas Group. From 1995 through early 2005, Sternlicht was Chairman and CEO of Starwood Hotels & Resorts Worldwide (HOT), Inc., a company he founded in 1995. In his tenure, he built Starwood Hotels into one of the leading hotel and leisure companies in the world employing more than 120,000 people with 895 properties in 100 countries. Starwood Hotels is a fully integrated owner, operator and franchiser of hotels with nine brands, including: St. Regis, The Luxury Collection, W Hotels, Sheraton, Westin, Meridien, and Four Points. Sternlicht created W Hotels, perhaps the world’s most successful “boutique” brand, and built St. Regis Hotels into a global brand. In 2013, Sternlicht was named the #1 Most Important Person in Commercial Real Estate Finance by The Mortgage Observer. In 2010, Sternlicht was named Executive of the Year and Investor of the Year by Commercial Property Executive. Sternlicht was named America’s Best Lodging CEO by Institutional Investor magazine. Sternlicht is a member of the Interior Design Magazine Hall of Fame. He received the Preston Robert Tisch Distinguished Industry Leadership Award from New York University, the CEO Diversity Award by Diversity Best Practices/Business Women’s Network, the Lifetime Achievement Award from the Association of Travel Marketing Executives, the Hospitality Heritage Award from the American Hotel and Lodging Association, and the Marketer of the Year Award from Brandweek. Sternlicht’s humanitarian efforts have led to prestigious national honors such as JDRF’s Man of the Year, JDRF’s Living and Giving Award and JDRF’s Chairman’s Award. Sternlicht is a trustee of his alma mater, Brown University. He serves on the Board of Directors of The Estée Lauder Companies, Restoration Hardware, and TriPointe Homes. Sternlicht is also Chairman of the Board of Societé du Louvre. He serves as Chairman of the Board of Robin Hood and is on the boards of the Pension Real Estate Association (PREA), the Real Estate Roundtable, the Dreamland Film & Performing Arts Center, and the Executive Advisory Board of Americans for the Arts. He is a member of the World Presidents Organization and the Urban Land Institute. Barry Sternlicht received his BA, magna cum laude, with honors from Brown University. He later earned an MBA with distinction from Harvard Business School.

current job

Starwood Capital Group
Starwood Capital Group

count Of Investments

21

count Of Exists

4
Keith Rabois

Keith Rabois

Keith Rabois is the General Partner at Founders Fund. He has a unique background as an entrepreneurial executive and investor. Since 2000, he has been instrumental in driving five startups from their early stages to successful IPOs. He has provided seed capital to another ten companies that are currently valued at over $1 B, including Airbnb, Lyft, YouTube, Wish, Yammer. Since March 2013, Keith Rabois has served as a senior partner at Khosla Ventures, a technology venture capital fund founded by Vinod Khosla. He specializes in funding early-stage companies with a primary focus in consumer, financial services and health care innovation. At the same time, Keith co-founded Opendoor, a startup which transforms the painful process of selling a home into delightful and immediate experience. At KV, Rabois has led investments in a broad array of startups including, DoorDash, Stripe, Thoughtspot, Affirm, Even Financial and Piazza. Over the prior decade, he forged several of the most important new social and commerce platforms. Keith began his career in the industry as Executive Vice President of Business Development & Public Policy at PayPal [NASDAQ: PYPL, later acquired by EBAY] and subsequently served in influential roles at LinkedIn [NYSE: LNKD] and as a chief operating officer of Square [NASDAQ: SQ]. As a board member, Keith guided Yelp [NYSE: YELP] and Xoom [NASDAQ: XOOM] from inception to successful initial public offerings. Earlier in his career, Keith Rabois served as a litigator at the pre-eminent Wall Street law firm of Sullivan & Cromwell, specializing in antitrust, IP, and complex commercial matters. He joined the firm after clerking for the Honorable Edith H. Jones on the U.S. Court of Appeals for the Fifth Circuit. After leaving the practice of law, Keith served as policy director for former Vice President Dan Quayle. Keith Rabois earned a bachelor's degree Phi Beta Kappa in political science with distinction from Stanford University and a J.D. with honors from Harvard Law School.

current job

Founders Fund
Founders Fund

organization founded

2

People

Founders
3
Austin Criden
Austin Criden

Austin Criden

Austin Criden is the Co-Founder & CEO at Palm Tree Crew Holdings.

current job

Palm Tree Crew
Palm Tree Crew

organization founded

1

Austin Criden

Kyrre Gørvell-Dahll
Kyrre Gørvell-Dahll

Kyrre Gørvell-Dahll

Kyrre Gørvell-Dahll, better known by his stage name Kygo, is a Norwegian DJ, record producer, musician, and songwriter.

count Of Investments

3

count Of Exists

1

Kyrre Gørvell-Dahll

Myles Shear
Myles Shear

Myles Shear

count Of Investments

2

count Of Exists

1

Myles Shear

Employee Profiles
1
Austin Criden

Austin Criden

Co-Founder, CEO

Activity

Recent News
10
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