Penny Pritzker

Co-Founder, Inspired Capital Partners
Penny Pritzker combines U.S. Secretary of Commerce policy experience with hands-on building to act as an embedded teammate who leverages government and CFR networks to navigate regulatory and international challenges.
How to contact Penny Pritzker
Stages their fund invests in
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Avg Check
$1M - $15M
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Does their fund Lead?
Yes
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Geos their fund invests in
USA
Penny Pritzker
Stages their fund invests in
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Sectors their fund invests in
AI
Fintech
SaaS
Health
Enterprise
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$1M - $15M
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Leads?
Yes
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About Penny Pritzker

Penny Pritzker combines her experience as U.S. Secretary of Commerce with hands-on company building, giving founders an uncommon mix of policy insight and operational knowledge from her years founding and running businesses across real estate, hospitality, and private investing. She's known for working as a deeply embedded teammate with founders rather than staying at arm's length, and uses her networks from roles in government and organizations like the Council on Foreign Relations to help portfolio companies navigate complex regulatory and international challenges.

Penny Pritzker's Interests

What they've been talking about across their social media accounts
  • A strong dedication to the Chicago technology ecosystem, frequently highlighting efforts to make the city a world-class hub for innovation. She actively promotes initiatives like P33 Chicago and TechRise to support local growth and champions the region's ability to attract and retain tech talent.
  • Prioritizes company culture and values-driven leadership as essential components for building durable businesses. She often notes that a strong internal culture drives growth, such as when she discussed how the organizational environment at portfolio company OpenSpace directly contributed to their scaling success.
  • Advocates heavily for workforce development and investing in human infrastructure to maintain economic competitiveness. This includes a focus on upskilling and immigration solutions, evidenced by her support for Chicago H1BConnect, a platform designed to help visa holders find roles within the local tech industry.
  • Champions diversity, equity, and inclusion, particularly regarding underrepresented founders in the technology sector. She frequently shares metrics on funding raised by Black and Latinx entrepreneurs through her partnerships and celebrates historical contributions of women leaders to emphasize the importance of diverse perspectives.
  • Shows clear investment interest in modernizing traditional industries, such as construction, real estate services, and advanced industrials. Her excitement often centers on practical applications of technology, such as the circular economy platform Rheaply or stormwater management solutions like StormTrap, which address urgent market demands.
  • Values the intersection of public policy and private sector innovation. She regularly comments on federal legislation that supports the tech economy, such as the CHIPS and Science Act, and discusses how government funding acts as a catalyst for the broader innovation ecosystem.

About their Fund

Inspired Capital Partners

Sectors
AI, Fintech, SaaS, Health, Enterprise
Rounds
Pre-Seed - Series B+
Avg Check Size
$1M - $15M

Inspired Capital Partners is a New York venture fund founded by operators including Alexa von Tobel (LearnVest founder) and Penny Pritzker (former U.S. Secretary of Commerce) who collectively bring 80+ years of working together and act as hands-on strategic partners rather than just capital providers. The firm deliberately focuses on "big swings" that can be category-creating or industry-redefining, positioning itself as a counter to incrementalist East Coast capital by bringing West Coast-style risk appetite to founders solving humanity's hardest challenges.

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