Palm Tree Crew: Funding Round Raised At $150 Million Valuation
By Amit Chowdhry ● Jan 17, 2024
Palm Tree Crew - an entertainment, hospitality, and investment holding company - recently closed a new round of funding at a $150 million valuation. The backers in the $6 million round included Barry Sternlicht, Brad Garlinghouse, David Adelman, Jim Coulter, Jonathan Kraft, Keith Rabois, Michael Meldman, and others. Palm Tree Crew (through its investment arm) also recently raised a $32 million venture fund that focuses on providing capital to early-stage disruptive brands across the consumer and technology space.