Drive Capital, a Columbus, OH-based multi-strategy venture firm investing in market-defining startups located in the “Driveway”, the region in North America between the Hudson River and the Rocky Mountains, launched an $80m seed program.
With its first iteration of the program, Drive will invest $500k in pre-seed and seed companies located in Chicago, Atlanta, Columbus, Denver, and Toronto. Each market is supported by a dedicated General Manager.
The General Managers for each city include – Andy Jenks (Drive General Partner and Columbus GM), Landon Campbell (Chicago General Manager), Avoilan Bingham (Atlanta General Manager), Matt Zwiebel (Denver General Manager), and Alanna Souza (Toronto General Manager).
Led by Chris Olsen, Co-Founder and Partner, Drive Capital is a venture capital firm at the intersection of industry and modern technology, from insurance and manufacturing to energy, healthcare, finance and more.
Drive’s successes in seed investing include Forge Biologics (Gene Therapy Manufacturing), Beam Benefits (digital employee benefits), and Root Inc. (auto insurance). The firm now manages more than $2.2 billion in total assets.
FinSMEs
08/03/2023