IS

Ilana Stern

Director at Tava Health

San Francisco Bay Area

Overview 

Ilana Stern is the General Partner at Peterson Ventures and a Lecturer in Management at Stanford GSB. She is a successful entrepreneur, having founded and served as CEO of Weddington Way, which was acquired by Gap Inc. (NYSE: GPS), showcasing her expertise in e-commerce and digital media, as well as her experience in investing in various sectors like enterprise infrastructure, e-commerce, and SaaS.

Work Experience 

  • General Partner

    2019 - Current

    I focus on Seed and pre-Seed B2B SaaS and Digital Commerce companies. Areas of particular interest include e-commerce enablement, digital health, fintech (including proptech) and future of work. Active investments: Via, Loop Returns, Nomad Labs, Trendsi, Tava Health, Rising Team, Cambio, Nyquist Data, Gritwell, Gordy Health. Peterson Ventures, located in Utah and the Bay Area, is a Seed and pre-Seed venture fund that invests across B2B SaaS and Digital Commerce (including retail, fintech and digital health). Since its founding in 2012, the team has backed 6 unicorns, including Allbirds, Ethos, Lucid Software, and Nomi Health. The Peterson Ventures portfolio consists of almost 100 companies and the firm has over $400m in assets under management. Peterson Ventures has invested a majority of its vintage funds into Utah and Bay Area startups, where founding partner Joel Peterson has taught at the Stanford Graduate School of Business for 25 years. It is the ten year old venture arm of the 20+ year old Peterson Partners platform, an independent investment management firm with $1.4B assets under management and investments across a variety of alternative asset classes.

  • Lecturer In Management

    2021

    Lecturer in Management @ Startup Garage

  • Guest Lecturer

    2012

    Guest Lecturer @ Formation of New Ventures.

  • Board Of Directors, Director

    2020

    A mental health benefit for every employee. Because healthy minds matter.

Tava Health improves emotional health through frictionless, technology-enabled care.

Raised $33,000,000.00 from Catalyst Investors, Toba Capital, Peterson Partners, Blue Heron Capital and SpringTide Ventures.

  • Board of Directors, Observer

    2020

    Making E-Commerce Easier for Everyone.

Trendsi is an online fashion B2B marketplace that makes it easy for sellers to build their businesses by providing wholesale inventory.

Raised $30,000,000.00 from Bradley Horowitz, Liquid 2 Ventures, Eric Yuan, Lightspeed Venture Partners, Decent Capital, Sierra Ventures, Peterson Ventures, Basis Set Ventures, Footwork and Shan-Lyn Ma.

  • Board of Directors, Observer

    2020

    Reimagining real estate to make it easier than ever to lease your properties with guaranteed rent and long-term leases.

  • Investor

    2019

    Loop is a return management platform that grows with brands.

Loop is a return portal that automated all the returns and refunds of products.

Raised $125,450,000.00 from Harmony Partners, Renegade Partners, Peterson Ventures, Ridge Ventures, CRV, Lerer Hippeau, Shopify and FirstMark.

  • Investor

    2023

    AI for Enterprise. Build AI-powered applications that connect securely to your enterprise data and APIs. Maintain control and flexibility at every step.

Griptape is an enterprise-grade Python framework that helps developers harness LLMs' potential.

Raised $14,594,141.00 from Range Ventures, Peterson Ventures, Service Provider Capital and Acequia Capital (AceCap).

  • Investor

    2023

    Unlocking $1 trillion in value of advanced AI for banking - starting with workflow automation for commercial loan origination.

Cascading AI is the most trusted AI partner in lending. Our flagship product, Casca, is the first AI-native Loan Origination System.

Raised $3,900,000.00 from Peterson Ventures, Sarah Smith Fund, Y Combinator and Clocktower Technology Ventures.

  • Investor

    2021

    Rising Team is the industry leading team development platform. We help companies increase employee engagement and scale talent development with software that equips managers to lead deeply connecting team development sessions, remotely or in person, without an outside facilitator.

Rising Team is a software development company that offers tools to help increase employee engagement and scale talent development

Raised $11,100,000.00 from Peterson Ventures, Roble Ventures, Supernode Ventures, Burst Capital, Zeal Capital Partners and Female Founders Fund.

  • Investor

    2022

    Cambio is software that helps commercial real estate companies and their corporate tenants decarbonize their buildings.

Cambio is a real estate software designed to help commercial landlords and corporate tenants decarbonize buildings.

Raised $650,000.00 from Google for Startups.

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