VC  Drive Capital

https://www.drivecapital.com/





     Office Locations:

629 N. High Street
Columbus, OH 43215
Phone: 614-257-8243

 

Stages:

  • Early
  • Seed


 

Industries:

  • Consumer Products & Services
  • Information Technology
  • Life Sciences & Healthcare

  •  

    Description:

    Founded late in 2012, Drive Capital invests in innovative technology, healthcare, and consumer companies in the Midwest. Drive Capital's investments will be focused on the Heartland that stretches from Pittsburgh to Kansas City to Minneapolis and back. Drive is willing to invest as little as $100K and up to tens of millions into any one entrepreneur's company. Target industries include: Technology, Technology Enabled Services, Healthcare and Consumer. Drive Capital's founding partners, Mark Kvamme and Chris Olsen, are experienced venture capitalists, and have participated in several venture capital firms prior to founding Drive Capital. The firm announced in February 2014 that it had closed its inaugural fund at $250M. 3,500 new companies met in 2018; $30 billion in exits between partners; 100+ founders partnered with; 7,000+ entrepreneurs met with.


     

    Funds:


      Fund Name


      Amount


      Date

    Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Andy Jenks Partner
    Annie Lapides Partner and Head of Talent
    Chris Olsen Partner
    Mark D. Kvamme Partner Emeritus

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      07/18/2024


      Thoughtful AI


      TX


      $20,000,000


      Series A


      05/16/2024


      Voxel51


      MI


      $30,000,000


      Series B


     

    Portfolio companies include:

     

    Recent News: