Impatient Ventures

Impatient Ventures is an early-stage venture capital firm established in 2015 and headquartered in Los Angeles, California. The firm primarily focuses on pre-Series A, Seed, and Series A investments, seeking out mission-driven founders who are innovating in the realms of physical production, often referred to as embodied innovation, and human connection, particularly through the evolution of AI-driven consumer experiences. Impatient Ventures is dedicated to backing companies that leverage technology to create impactful consumer experiences, with a strategic emphasis on automation across both physical and digital domains. Their investment scope spans a diverse range of sectors including web3, SaaS, fintech, artificial intelligence, robotics, biotechnology, consumer products, healthcare, defense, energy, commerce, software, advanced computing, enterprise applications, high tech, and blockchain technology.

The firm operates as a solo General Partner (GP) fund, led by its Founding General Partner, Jack Dreifuss. Jack's unique professional journey includes experience as a professional online poker player, a hedge fund analyst, and a two-time zero-to-one operator with successful exits at SimpleLegal and Bolt. He also brings the valuable perspective of having been a venture-backed founder twice, experiencing both successes and failures. This extensive and varied background equips him with a distinctive ability to identify promising startups and provide hands-on operational support to portfolio companies.

Impatient Ventures has built a notable portfolio with several successful investments. Among its most prominent achievements are backing Flexport and Underdog Fantasy, both of which have achieved unicorn status. The firm's investment roster also includes companies such as XOXO AI, Blue Water Autonomy, Starling Systems, Shinkei Systems, Atomic Industries, Deterrence, Foundation, Sphinx, and Blw. These investments reflect the firm's commitment to supporting innovative companies across its target sectors.

The team at Impatient Ventures is characterized by its deep expertise and hands-on approach. Jack Dreifuss, as the Founding General Partner, leverages his diverse background to offer strategic guidance and support to founders. His tenacity and dedication are frequently highlighted by the entrepreneurs he backs. Madeline Steitz serves as a Senior Executive Assistant, bringing a wealth of experience in supporting high-net-worth individuals and leaders within the venture capital, luxury, and consumer goods industries, including a prior role at Thiel Capital.