Paul Elizondo

P2: Investment Banking | P2 Hard-Tech: Venture Capital

📍 United States🔄 Updated September 2026💼 3 investments📅 5 years investing🗓 Last invested Oct 2021
VC🌍 United States
3
Total investments
2
Early stage
1
Mid stage
0
Late stage
5y
Years active

Portfolio

3 investments · sorted by recency
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Advisory Board Member | Investor
Oct 2021
Khelp Financial ("Khelp") provides professional digital asset management and advisory services. Khelp’s actively managed, diversified crypto portfolios are structured as separately managed accounts and can be utilized by an array of investor types.
Investor
May 2021
FiVerity is an Anti-Fraud Collaboration Platform that enables real-time information sharing to combat sophisticated fraud, enhance investigation processes, and ensure regulatory compliance. The platform provides solutions across the entire customer lifecycle, including continuous monitoring, enhanced fraud investigation, and actionable insights that drive informed decision-making and foster secure, sustainable growth. By facilitating collaboration and data sharing, FiVerity strengthens the financial ecosystem, allowing institutions to operate more securely and efficiently.
Investor
May 2021
KALYP establishes smart financial services networks for more efficient processing of traditional securities and transferrable assets in digital format. All networks are empowered through KALYPs distributed ledger based software that is integrated, operated, and governed by regulated financial institutions.
Experience · 11 entries
All (11)
Investments (3)
Founder (2)
2026
Managing Partner
Jul 2026
Talk is cheap. Capital needs to move — with speed, conviction, and decisive action — toward the technologies that will power, secure, and modernize this country. Introducing P2 Hard-Tech Ventures The U.S. has a capital gap problem—the “Missing Middle”—as coined by Duke University’s Nicholas Institute for Energy, and its most acute in power and energy infrastructure. Based on third-party research, hardware will make up somewhere around 60% of tech revenue over the next five years, yet receives only a small share of venture investment. Hardware, first-of-a-kind (FOAK) technologies and innovations are structurally underserved by financing built for software — right as three converging trends are pushing our energy systems to their limits: 1️⃣ Reliability & security — the grid must keep delivering power reliably while reducing dependence on fossil fuels, through battery/ energy storage, nuclear, hydropower, and modernized transmission 2️⃣ Electrification — the accelerating shift of infrastructure and mobility to electric power requires grid capacity, charging infrastructure, and battery/ energy storage at a scale not yet built 3️⃣ Digital & compute demand — AI compute is already straining power availability, and quantum computing will only intensify the load on data centers and digital infrastructure The financing infrastructure built for software was never designed for capital-intensive, hardware, first-of-a-kind technology — and our energy systems cant wait for it to catch up. P2 Hard-Tech was formed to join the vanguard and select few other VCs bold enough to help close that gap. Our focus: hardware, physical asset, FOAK tech and innovations — across five verticals: Energy Evolution (priority), Digital Infrastructure, National Security, Mobility, and Advanced Manufacturing. We believe the next generation of category-defining companies will be built in steel, silicon, and code — not code alone. Our mission is to find, support, and help them scale decisively.
2021
Advisory Board Member | Investor
Oct 2021
Khelp Financial ("Khelp") provides professional digital asset management and advisory services. Khelp’s actively managed, diversified crypto portfolios are structured as separately managed accounts and can be utilized by an array of investor types.
Managing Director | Founder | CEO
Aug 2021
P2 Corporate Finance, LLC is an independent investment bank and registered FINRA broker dealer based in Atlanta, Georgia. The firm and its investment bankers provide strategic and financial advisory services such as private placements of debt and equity, mergers and acquisitions (M&A)(sell-side, buy-side), recapitalization, accessing public debt and equity markets, valuations and fairness opinions. P2 caters to public and private firms (including early stage) in the Utilities, Power, Energy Infrastructure: Midstream and Pipelines, Renewables, and related infrastructure services, Industrials, Healthcare, and FinTech/Energy-Clean-Tech/Software Technology sectors.
Investor
May 2021
FiVerity is an Anti-Fraud Collaboration Platform that enables real-time information sharing to combat sophisticated fraud, enhance investigation processes, and ensure regulatory compliance. The platform provides solutions across the entire customer lifecycle, including continuous monitoring, enhanced fraud investigation, and actionable insights that drive informed decision-making and foster secure, sustainable growth. By facilitating collaboration and data sharing, FiVerity strengthens the financial ecosystem, allowing institutions to operate more securely and efficiently.
Limited Partner
May 2021
Firm overview Mendoza Ventures is an early-stage and growth venture fund based in Boston. The firm is run by husband and wife Adrian and Senofer Mendoza, entrepreneurs and prior operators who are veterans of the local startup ecosystem. The firm focuses on investments in fintech, AI, and cybersecurity, with diversity playing an important role in their investment decisions—about 70% of their portfolio consists of startups led by immigrants, people of color, and women. Mendoza started off as a pilot fund in 2016; after an exit and the realization that they had good traction with early-stage startups in Boston, Adrian and Senofer decided to focus exclusively on the seed-stage and formally launched Mendoza Ventures Fund II in 2019. Since then, the firm has made twelve investments and recruited senior managers, C-level executives, and domain experts as operating partners from places like State Street, Amazon Web Services, and Microsoft. Firm strategy Mendoza Ventures takes a depth-focused approach, looking for founders who demonstrate domain expertise in one of their three main focus areas across fintech, AI, and cybersecurity. Adrian and Senofer pride themselves on being hands-on investors and setting up companies for success beyond just writing a check—they will help create a strong early funding syndicate, make customer introductions, and assist with partnership conversations. They really tap into their experience as former entrepreneurs to get in the trenches with their founders, with Adrian optimizing business structures and Senofer leveraging her sales and marketing expertise. Since its inception five years ago, Adrian and Senofer raised two funds, had one successful exit, and expanded their reach from their Boston hometown to as far as Norway.
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