Investments
117Portfolio Exits
17Funds
10About 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 customers, talent, experience, and capital. The company was founded in 2012 and is based in Columbus, Ohio.
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Expert Collections containing Drive Capital
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Find Drive Capital in 1 Expert Collection, including Insurtech.
Insurtech
35 items
Latest Drive Capital News
Jun 5, 2023
The Real Deal Not a member yet? Free Membership for Qualified Investors and Industry Participants Easily Customize Content to Match Your Investment Preferences Breaking News 24/7/365 Alternative Investment Listings & LeaderBoards Industry Research, Due Diligence, Videos, Webinars, Events, Press Releases, Market Commentary, Newsletters, Fact Sheets,Presentations, Investment Mandates, Video PitchBooks & More! Company Directory AUM Accelerator Program (designed for investment managers) Over 450K+ Industry Headlines, Posts and Updates ALL ALPHAMAVEN CONTENT IS FOR INFORMATIONAL PURPOSES ONLY.CONTENT POSTED BY MEMBERS DOES NOT NECESSARILY REFLECT THE OPINION OR BELIEFS OF ALPHAMAVEN AND HAS NOT ALWAYS BEEN INDEPENDENTLY VERIFIED BY ALPHAMAVEN.PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.THIS IS NOT A SOLICITATION FOR INVESTMENT.THE MATERIAL PROVIDED HEREIN IS FOR INFORMATIONAL PURPOSES ONLY.IT DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY INTERESTS OF ANY FUND OR ANY OTHER SECURITIES.ANY SUCH OFFERINGS CAN BE MADE ONLY IN ACCORDANCE WITH THE TERMS AND CONDITIONS SET FORTH IN THE INVESTMENT'S PRIVATE PLACEMENT MEMORANDUM.PRIOR TO INVESTING, INVESTORS ARE STRONGLY URGED TO REVIEW CAREFULLY THE PRIVATE PLACEMENT MEMORANDUM (INCLUDING THE RISK FACTORS DESCRIBED THEREIN), THE LIMITED PARTNERSHIP AGREEMENT AND THE SUBSCRIPTION DOCUMENTS, TO ASK SUCH QUESTIONS OF THE INVESTMENT MANAGER AS THEY DEEM APPROPRIATE, AND TO DISCUSS ANY PROSPECTIVE INVESTMENT IN THE FUND WITH THEIR LEGAL AND TAX ADVISERS IN ORDER TO MAKE AN INDEPENDENT DETERMINATION OF THE SUITABILITY AND CONSEQUENCES OF AN INVESTMENT. ALPHAMAVEN
Drive Capital Investments
117 Investments
Drive Capital has made 117 investments. Their latest investment was in Tandem as part of their Seed VC - II on April 4, 2023.
Drive Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
4/6/2023 | Seed VC - II | Tandem | $5M | No | 1 | |
3/29/2023 | Pre-Seed | Birdseye | $0.37M | Yes | 1 | |
2/22/2023 | Pre-Seed | Rivet | $0.5M | Yes | 1 | |
1/10/2023 | Pre-Seed | |||||
12/14/2022 | Series B |
Date | 4/6/2023 | 3/29/2023 | 2/22/2023 | 1/10/2023 | 12/14/2022 |
|---|---|---|---|---|---|
Round | Seed VC - II | Pre-Seed | Pre-Seed | Pre-Seed | Series B |
Company | Tandem | Birdseye | Rivet | ||
Amount | $5M | $0.37M | $0.5M | ||
New? | No | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 1 | 1 |
Drive Capital Portfolio Exits
17 Portfolio Exits
Drive Capital has 17 portfolio exits. Their latest portfolio exit was Cyclica on May 08, 2023.
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 |
|---|---|---|---|---|---|
5/8/2023 | Acquired | 2 | |||
5/5/2023 | Acq - Fin | Undisclosed Private Equity Investors | 2 | ||
3/1/2023 | Acquired | 8 | |||
Date | 5/8/2023 | 5/5/2023 | 3/1/2023 | ||
|---|---|---|---|---|---|
Exit | Acquired | Acq - Fin | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | Undisclosed Private Equity Investors | ||||
Sources | 2 | 2 | 8 |
Drive Capital Fund History
10 Fund Histories
Drive Capital has 10 funds, including Drive Capital Seed Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
3/10/2023 | Drive Capital Seed Fund | $80M | 1 | ||
1/21/2020 | Drive Capital Overdrive Ignition Fund I | $2.9M | 1 | ||
1/21/2020 | Drive Capital Ignition Fund III | Early-Stage Venture Capital | Open | $4.85M | 1 |
1/13/2020 | Drive Capital Overdrive Fund I | ||||
1/13/2020 | Drive Capital Overdrive Fund I (TE) |
Closing Date | 3/10/2023 | 1/21/2020 | 1/21/2020 | 1/13/2020 | 1/13/2020 |
|---|---|---|---|---|---|
Fund | Drive Capital Seed Fund | Drive Capital Overdrive Ignition Fund I | Drive Capital Ignition Fund III | Drive Capital Overdrive Fund I | Drive Capital Overdrive Fund I (TE) |
Fund Type | Early-Stage Venture Capital | ||||
Status | Open | ||||
Amount | $80M | $2.9M | $4.85M | ||
Sources | 1 | 1 | 1 |
Drive Capital Team
4 Team Members
Drive Capital has 4 team members, including , .
Name | Work History | Title | Status |
|---|---|---|---|
Mark Kvamme | JobsOhio, Government of Ohio, Sequoia Capital, CKS Group, Wyse Technology, and Apple | Founder | Current |
Name | Mark Kvamme | |||
|---|---|---|---|---|
Work History | JobsOhio, Government of Ohio, Sequoia Capital, CKS Group, Wyse Technology, and Apple | |||
Title | Founder | |||
Status | Current |
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