Jared Carmel’s main focus is providing liquidity and diversification for investors, employees and entrepreneurs while giving investors the access they want to high profile private companies through secondary direct stock sales.
Jared has been a pioneer in the development of the secondary direct venture market, and has led numerous transactions in the space. His involvement in pre-IPO technology investments have helped produce over $2 billion in invested capital across some 30 plus businesses with >20 liquidity events. Outside of Jared’s activity in the secondary markets, he also makes opportunistic growth equity and traditional venture capital investments.
Since 2004, Jared has worked on a variety of assignments, including early and late stage venture capital, private investment in public equity (PIPE), M&A projects and secondary direct stock offerings. This has led to extensive experience in investment banking, business operations, acquisition integration and board work. Some of his more notable investments include Facebook, Twitter, Alibaba, Palantir, Lyft, Leeo, Spotify, StreamTV, Chegg, Glori Energy, MoneyLion, Flipkart and Bloom Energy.
Prior to launching Manhattan Venture Partners, Jared was a co-Founder of Citizen VC, Inc., a financial technology and investment firm. He oversaw the firm’s secondary direct venture capital activities, including managed funds and brokered transactions. Before founding Citizen VC, Jared was Managing Director, Director of Secondary Markets at Gentry Venture Partners (GSV Ventures). During his tenure, Jared built the firm’s secondary markets practice and led investments into some of the best-known, fastest growing and most difficult to access startups in Silicon Valley. Prior to Gentry, Jared worked at a pioneering firm in the secondary direct venture market sector, originating and funding investments in such companies as Facebook, LinkedIn, Twitter, Groupon and Chegg, among others. In 2006, Jared spearheaded the effort to build the Manhattan office of AEFC a late-stage venture capital investment bank. Ultimately, the New York office raised more than $100 million per year alongside tier-1 VCs, predominantly for TMT and clean technology companies. In 2004 Jared started in banking at Laidlaw & Company, where he focused on alternative investments, as well as primary and secondary offerings for public companies seeking growth capital.
Mr. Carmel graduated with a BA from the University at Buffalo School of Informatics. He holds FINRA Series 7 and Series 63 licenses.
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