Drive Capital

2012

Founded

97

Investments

United States

Offices

Venture Fund

Investor Type

About

Drive Capital is a venture capital firm headquartered in Columbus, Ohio, dedicated to investing in market-defining companies across North America. Founded in 2013 by former Sequoia Capital partners Mark Kvamme and Chris Olsen, the firm focuses on startups outside traditional tech hubs, aiming to prove that world-class companies can emerge from regions often overlooked by investors. With over $2 billion in assets under management, Drive Capital has invested in more than 80 companies, including notable successes like Duolingo, Root Insurance, and Olive.

The firm's portfolio spans various sectors, demonstrating a commitment to fostering innovation and entrepreneurship in diverse markets. Drive Capital's approach emphasizes a deep understanding of local ecosystems, providing tailored support to founders and leveraging regional advantages to build sustainable, high-growth companies.

Portfolio Companies

Duolingo, Root Insurance, Olive, ApplyBoard, Path Robotics, Forge Biologics, Beam Benefits, Civis Analytics, Hologram, Enlace Health

Gepgraphic Focus

United States, Canada

Key Differentiators

Focus on underinvested regions, Hands-on support for portfolio companies, Deep integration into local ecosystems

Thypical Investment Size

$500,000

Total Funds Raised

$2 billion

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Enterprise

ClimateTech & CleanTech

Software

Artificial Intelligence & Machine Learning (AI/ML)

Creator Economy

EdTech

Pre-Seed

Seed

Series A

United States