Jake Jolis
Founder of Stealth
Los Angeles Metropolitan Area
Overview
Work Experience
Founder
2024 - Current
Partner
2017 - 2024
I invest in technology founders at the earliest possible time in their project's life. We always lead. 65+ of our companies have gone onto IPO.
Matrix is an early-stage venture capital firm, investing from idea through Series A.
Entrepreneur-in-Residence
2017 - 2017
New seed fund started by one of Verbling's investors. I led our investment in Applied Intuition (first round). Applied Intuition is currently valued at $6 billion.
CEO
2013 - 2017
Acquired by Busuu in 2020, so after my time. In 2021, $CHGG acquired Busuu (including Verbling) for $436m all-cash We built a video chat-based product in 2011, before they came into fashion. Product used by millions of consumers + created jobs for over 10,000 teachers. Raised $4.4M in venture capital from investors including Y Combinator, Sam Altman, and SV Angel. This was enough to become profitable. Still available today, 13 years later and counting, for 60 languages across iOS, Android, and web.
Cofounder
2011 - 2017
Verbling is an e-learning platform that offers language lessons with professional teachers with the use of video chat.
Raised $1,020,000.00 from Bullpen Capital, Marc Bell Ventures, Canyon Creek Capital, FundersClub, One Planet Group, John Stockdale, Nelstone Ventures, Walker Williams, Payam Zamani and Joshua Schachter.