Osage Venture Partners (OVP), a Bala Cynwd, PA-based venture capital firm, closed ita latest fund, at $90m.
Osage Venture Partners IV is a $90m fund focused on investing in early-stage, business-to-business (B2B) software companies on the East Coast.
Since the first closing, OVP IV has completed five platform investments including Phone2Action, Noodle Partners, and Galactic Fog, with two recent investments to be announced shortly.
Led by managing partner Bob Adelson, Nate Lentz, David Drahms, and Sean Dowling, OVP has over $150m under management, having previously raised OVP III, a $66m fund.
It is part of a family of investment funds within Osage Partners, which is based just outside Philadelphia, PA and manages in excess of $500m.