Jai Sajnani
Partner at Khosla Ventures
San Francisco, California
Overview
Work Experience
Partner
2024 - Current
Khosla Ventures provides venture assistance to entrepreneurs in AI, sustainability, enterprise, consumer, health and frontier technologies.
Raised $1,500,000.00 from Raj Sareen.
Partner
2021 - 2024
Hybrid TMT Fund - Equity L/S and Private Growth
Flight Deck Capital is a TMT fund that invests globally in disruptive public and private companies.
Principal
2017 - 2021
New Enterprise Associates, Inc. (NEA) is a global venture capital firm that invests in technology companies at all stages in the US and abroad. The firm's long track record of successful investing includes more than 210 portfolio company IPOs and more than 360 acquisitions, including names like CloudFlare, Elastic, MongoDB, Mulesoft, Jet.com, Groupon, Tableau, Salesforce, and Workday. My board roles included Narmi, Divvy (Acq. by Bill.com), Transfix, Coursera, Wheelhouse, Drop, and Zero Financial. I also worked closely with many other portfolio companies including Databricks, Plaid, Opendoor, Robinhood, GoodLeap, Automation Anywhere, NGINX (Acq. by F5), Heap Analytics, MemSQL, Sentons, and AppSheet. https://www.nea.com
New Enterprise Associates is a venture capital firm that focuses on investments in technology and healthcare startups.
Board Observer
2020 - 2021
Narmi makes financial institutions digital. Through Narmi’s mobile banking, online banking, digital account opening and banking APIs, our customers create a more diverse and engaging financial ecosystem. Today, Narmi’s platform powers financial institutions with billions of dollars of assets and helps move millions of dollars between financial institutions on a daily basis. Led Narmi's Series A while at NEA www.narmi.com
Narmi is a provider of mobile, online, and digital account banking to regional and community financial institutions.
Raised $55,520,000.00 from Contour Venture Partners, Greycroft, Picus Capital and New Enterprise Associates.
Board Observer
2019 - 2021
Divvy is a platform to manage payments and subscriptions, build budgets, and eliminate expense reports. By integrating real-time tracking for every transaction, Divvy provides organizations with instant insight and control into their spend. With Divvy, you can make informed cash flow decisions, curb losses before they happen, and never have to save a receipt again. Get a demo at www.getdivvy.com/ Led Divvy's Series C while at NEA. Divvy was acquired by Bill.com for $2.5B in 2021.
Board Observer
2019 - 2021
Transfix is the leading online freight marketplace connecting shippers to a national network of reliable carriers. Every year, 65 billion empty miles are driven by trucks in the U.S. and companies are spending excess time, resources and money arranging for the transportation of their goods. Transfix is on a path to solve these problems by dynamically matching shipments from Fortune 500 companies with available trucks. By partnering with both sides of the marketplace, Transfix is able to lower the cost and increase the reliability for every shipment. www.transfix.io
Board Observer
2018 - 2021
Wheelhouse builds software (dynamic pricing, market intel & comp sets) to power short term rentals. www.usewheelhouse.com
Wheelhouse helps you manage your short term rentals as professionally and efficiently as major hotels.
Raised $19,620,000.00 from Fifth Wall, Alpana Ventures, Certares, PAR Capital Management, Tishman Speyer, Highgate Ventures, New Enterprise Associates, RXR Digital Ventures, 01 Advisors and SignalFire.
Board Observer
2017 - 2021
Drop is an intelligent mobile rewards platform that surfaces personalized offers to over 3 million members, based on their demographics and purchase data. Drop members can link any debit or credit card when signing up to start earning points from some of their favorite brands, which include Starbucks, Uber, Apple, and Amazon. Try it out at www.joindrop.com
Board Observer
2017 - 2021
MindTickle powers the world's most customer-centric organizations with the capabilities proven to grow revenue and maximize brand value. Their next generation sales readiness platform helps fast growing companies prepare their sales and customer success teams in an effective and scalable way. www.mindtickle.com
MindTickle is a software company that offers sales readiness and enablement tools for businesses.
Raised $281,300,000.00 from Qualcomm Ventures, Norwest Venture Partners, Canaan Partners, NewView Capital and SoftBank Vision Fund.
Board Observer
2018 - 2019
NGINX, now a part of F5, is the heart of the modern web — helping some of the world’s most innovative companies deliver their sites and applications with performance, reliability, security, and scale. Companies around the world rely on NGINX to ensure a seamless web and mobile user experience through advanced load balancing, content caching, media streaming, application monitoring, and more. www.nginx.com
NGINX offers advanced internet infrastructure software to help companies deliver faster, more compelling digital experiences.
Raised $84,000,000.00 from Sand Hill Angels, Headline, Mason Ng, New Enterprise Associates and Goldman Sachs.