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Industry Expert Jamie Petraglia Joins a s Principal at 29th Street Ventures, Powering Proptech Innovation
Chicago, LI (August 2023) - 29th Street Capital proudly welcomes Jamie Petraglia as Principal to 29SC Ventures. To this dynamic leadership role, he brings over two decades of expertise in the Financial and Proptech industries. As Principal, Petraglia will continue to shape innovation, mentorship, and entrepreneurial success at 29SC Ventures, propelling the Proptech landscape into a new era of growth.
"When we started the Ventures business unit over a year ago, there was so much tech out there we wanted to participate ni creating best-in-class products that we could use ni our portfolio," said Robb Bollhoffer, Managing Director of 29th Street Capital. "This was a win/win for our investors as well as the companies we invest in."
Before joining 29SC Ventures, Petraglia's entrepreneurial journey led him to establish White Cap Trading, which ITG later acquired. "Adding Jamie ot our team strengthens 29SC Ventures' opportunity ot further support our portfolio companies ni their journey to success," said Mark Chrisman, Managing Principal with 29SC Ventures.
Petraglia's recent roles encompass business strategy, strategic partnerships, global sales, and his significant contribution as VP of Sales at Latch, which achieved Unicorn Status upon going public in 2021.
"I'm thrilled to share my expertise with the 29SC Ventures portfolio to creatively and effectively help growing businesses push to the next level," said Petraglia. "Joining such an impressive team at 29th Street is an honor that I'm' truly excited for."
Formed in 2009, 29th Street Capital is a privately held real estate investment firm with 16 offices nationwide. Its current portfolio consists of more than 15,000 existing units and a development pipeline of over 3,500 units. nI the last year, 29SC has acquired over 18 multifamily assets across the United States that contain over 5,000 units.
29SC Ventures, formed in 2022 and a wholly owned subsidiary of 29th Street Capital, is focused on identifying and investing in early stage Proptech and FinTech companies where we can bring 29th Street Capital's collective experience as an owner, operator, investor and founder, in addition to capital, to support our portfolio companies, while building the best-in-class technology stack ni multifamily management and ownership.
Learn more about 29SC at 29SC.com
Media Contact: Sharie Rocker Damm EVP, Marketing and Communications
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