Investments
103Portfolio Exits
13Funds
9About Drive Capital
Drive Capital is a venture capital firm investing in technology, healthcare and consumer companies in the Midwest. The firm partners with innovative entrepreneurs addressing global market opportunities. Drive Capital provides resources to help entrepreneurs get more of the things that matter most: customers, talent, experience and capital.
Drive Capital Headquarter Location
629 N High St 6th Floor
Columbus, Ohio, 43215,
United States
614-257-8243
Expert Collections containing Drive Capital
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Find Drive Capital in 1 Expert Collection, including Insurtech.
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Research containing Drive Capital
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CB Insights Intelligence Analysts have mentioned Drive Capital in 1 CB Insights research brief, most recently on Aug 28, 2019.
Latest Drive Capital News
May 13, 2022
"Times like these exemplify the upside of building a company outside of Silicon Valley," Drive Capital's Chris Olsen says. "This is a buyer's market."
Drive Capital Investments
103 Investments
Drive Capital has made 103 investments. Their latest investment was in Landline as part of their Series B on April 4, 2022.
Drive Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
4/12/2022 | Series B | Landline | $28M | No | 2 | |
3/22/2022 | Unattributed VC | Woop | $6.47M | Yes | 1 | |
3/15/2022 | Series B - II | AcreTrader | $20M | Yes | 5 | |
3/3/2022 | Series C | |||||
2/15/2022 | Series C |
Date | 4/12/2022 | 3/22/2022 | 3/15/2022 | 3/3/2022 | 2/15/2022 |
|---|---|---|---|---|---|
Round | Series B | Unattributed VC | Series B - II | Series C | Series C |
Company | Landline | Woop | AcreTrader | ||
Amount | $28M | $6.47M | $20M | ||
New? | No | Yes | Yes | ||
Co-Investors | |||||
Sources | 2 | 1 | 5 |
Drive Capital Portfolio Exits
13 Portfolio Exits
Drive Capital has 13 portfolio exits. Their latest portfolio exit was Fast Radius on February 07, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
2/7/2022 | Reverse Merger | 6 | |||
9/8/2021 | Acquired | 5 | |||
7/28/2021 | IPO | 16 | |||
Date | 2/7/2022 | 9/8/2021 | 7/28/2021 | ||
|---|---|---|---|---|---|
Exit | Reverse Merger | Acquired | IPO | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 6 | 5 | 16 |
Drive Capital Fund History
9 Fund Histories
Drive Capital has 9 funds, including Drive Capital Ignition Fund III.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
1/21/2020 | Drive Capital Ignition Fund III | Early-Stage Venture Capital | Open | $4.85M | 1 |
1/21/2020 | Drive Capital Overdrive Ignition Fund I | ||||
1/13/2020 | Drive Capital Overdrive Fund I | ||||
1/13/2020 | Drive Capital Overdrive Fund I (TE) | ||||
11/4/2019 | Drive Capital Fund III |
Closing Date | 1/21/2020 | 1/21/2020 | 1/13/2020 | 1/13/2020 | 11/4/2019 |
|---|---|---|---|---|---|
Fund | Drive Capital Ignition Fund III | Drive Capital Overdrive Ignition Fund I | Drive Capital Overdrive Fund I | Drive Capital Overdrive Fund I (TE) | Drive Capital Fund III |
Fund Type | Early-Stage Venture Capital | ||||
Status | Open | ||||
Amount | $4.85M | ||||
Sources | 1 |
Drive Capital Team
5 Team Members
Drive Capital has 5 team members, including current Managing Partner, Gherardo Barbini.
Name | Work History | Title | Status |
|---|---|---|---|
Mark Kvamme | JobsOhio, Government of Ohio, Sequoia Capital, CKS Group, Wyse Technology, International Solutions Group, and Apple | Founder | Current |
Chris Olsen | Sequoia Capital, Technology Crossover Ventures, and UBS Investment Bank | Founder | Current |
Gherardo Barbini | Managing Partner | Current | |
Molly Bonakdarpour | General Partner | Current | |
Andy Jenks | General Partner | Current |
Name | Mark Kvamme | Chris Olsen | Gherardo Barbini | Molly Bonakdarpour | Andy Jenks |
|---|---|---|---|---|---|
Work History | JobsOhio, Government of Ohio, Sequoia Capital, CKS Group, Wyse Technology, International Solutions Group, and Apple | Sequoia Capital, Technology Crossover Ventures, and UBS Investment Bank | |||
Title | Founder | Founder | Managing Partner | General Partner | General Partner |
Status | Current | Current | Current | Current | Current |
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