Drive Capital
Drive Capital is a venture capital firm. The company has invested in Midwest companies, including Civis Analytics, Clinc, CrossChx, Duolingo, FarmLogs, Muve Health, Roadtrippers, Root Insurance Company, Udacity, and Vecna Robotics. The organization's programs focus on establishing entrepreneurial ecosystems with a goal to support new businesses and solidify a base of operation in the midwestern United States, rather than refocusing financial investment opportunities outside of the region.
In February 2014, the firm established its first $250 million venture capital fund, Drive Capital Fund I. In September 2016, the firm began investing from its second $300 million fund.
Headquartered in Columbus, Ohio, the organization was founded in 2013 by Mark Kvamme and Chris Olsen, both formerly of Sequoia Capital.
