Drive Capital is a venture capital firm based in Columbus, Ohio, founded in 2013 by Chris Olsen and Mark Kvamme. The firm specializes in investing in early-stage and growth-stage technology companies, particularly in the Midwest and other regions that have been historically overlooked by coastal venture capital. By 2022, Drive Capital managed over $2 billion in assets and had invested in more than 90 portfolio companies, establishing itself as the largest VC firm outside traditional coastal hubs. The firm employs a thematic investing strategy, focusing on sectors such as healthcare, biotechnology, and technology. Drive Capital prioritizes startups in the Midwest, leveraging local talent and customer bases. It offers strategic guidance, operational expertise, and access to institutional networks to support its portfolio companies. Drive Capital's mission is to demonstrate that world-class technology companies can succeed outside of traditional innovation centers.
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Columns5| Company | Markets | New markets | Momentum | Activity | Expansion score |
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 Drive CapitalYou | 0 | 0 | — | 0 | 0 |
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Alpaca raised $150M in Series D funding at $1.15B valuation, led by Drive Capital, to expand its brokerage account management platform globally.
Birdseye receives $5M from Drive Capital for Yolando, an AI-driven competitive intelligence tool for businesses to optimize AI chatbot recommendations.
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