Jump Capital is a Chicago-based venture capital firm founded in 2012 by Mike McMahon and Sach Chitnis, backed by the founders of Jump Trading, a high-frequency trading firm. The firm is a thesis-driven, sector-focused early-stage investor in fintech, application software, and infrastructure software, with additional offices in New York and Los Angeles. Jump Capital describes itself as a founder-focused, low-ego venture firm that pairs capital with hands-on operating support for its portfolio companies.
Jump Capital invests in early-stage, primarily U.S.-based technology companies across three core verticals: fintech and financial services (payments, wealth management, lending, trading infrastructure, and cryptocurrency/digital assets), IT and data infrastructure (data primitives, security infrastructure, developer tools, and AI-enabled enterprise software), and vertical B2B SaaS (industry-specific application software).
The firm has an increasing focus on crypto, DeFi, and Web3 infrastructure, reflected in its most recent fund, alongside continued investment in AI-native enterprise applications.
Jump Capital typically enters at Pre-Seed, Seed, and Series A, with selective Series B follow-ons for existing portfolio companies, and targets 15-20% initial ownership.
Geographic focus is primarily North America, with selective international exposure through crypto investments in Europe (Bitpanda, Austria) and Latin America (Bitso, Mexico).
Jump Capital closed its seventh fund, Fund VII, at $350M in total capital commitments, its largest fund to date and a 75% increase over its $200M sixth fund.
Fund VII remains Jump Capital's active investment vehicle, with the firm dedicating additional capital and personnel to blockchain infrastructure, DeFi, and crypto networks alongside its core fintech, IT/data infrastructure, and B2B SaaS focus.
The fund has backed companies including Realm.Security, Above Security, Compa, Made Card, and Blitzy since late 2025.
Leadership
Jump Capital was co-founded in 2012 by Mike McMahon and Sach Chitnis, backed by Jump Trading.
Mike McMahon, Co-Founder and Managing Partner, brings 20 years of general management experience, including senior roles at SIRVA and GE Capital.
Sach Chitnis, Co-Founder and Partner, focuses on fintech and application software investments.
Other partners include Jason Felger (Head of Platform), Tarun Gupta (B2B technology and fintech, New York), Saaya Nath Pal (application software and fintech), Yelena Shkolnik (media and enterprise software, Los Angeles), and Saurabh Sharma (crypto and digital assets lead). Robb Hutchins is Partner, Portfolio Growth, and Pete Carroll serves as Operating Partner.
Investment Strategy
Jump Capital typically writes initial checks of $1M–$15M: $250K–$1M at Pre-Seed for exceptional teams, $1M–$5M leading or co-leading Seed rounds, and $3M–$15M often as lead at Series A, with selective Series B follow-ons.
The firm targets roughly 15-20% initial ownership and reserves capital for follow-on investment.
Jump Capital frequently leads or co-leads rounds and takes a hands-on, operator-led approach, supporting portfolio companies with hiring, business development, and strategic growth through its operating platform.
Notable Investments
Notable Exits
contact@jumpcap.com
Mike McMahon — Co-Founder and Managing Partner
mike@jumpcap.com
Sach Chitnis — Co-Founder and Partner
sach@jumpcap.com
Tarun Gupta — Partner
tarun@jumpcap.com
Yelena Shkolnik — Partner
yelena@jumpcap.com
Pete Carroll — Operating Partner
pcarroll@jumpcap.com
United States
