
OVO Fund
Description
OVO Fund is a Palo Alto, California-based venture capital firm established in 2015, specializing in seed-stage investments. The firm primarily focuses on early-stage companies within the vibrant technology ecosystems of the Bay Area and Los Angeles, aiming to identify and support ambitious founders building category-defining businesses. Their investment philosophy is centered on identifying disruptive innovations that shape the future of work, commerce, and human connection, reflecting a forward-looking approach to venture capital.
The firm is known for its active participation in seed rounds, typically deploying initial checks ranging from $100,000 to $500,000. This strategic check size allows OVO Fund to be a significant early partner for startups, providing crucial capital at the foundational stages of development. Since its inception, OVO Fund has built a substantial portfolio, having made over 100 investments across various sectors that align with their core thesis. This high volume of investments underscores their commitment to fostering innovation and supporting a broad spectrum of promising ventures.
OVO Fund's portfolio includes notable companies such as Truework, a platform for employment and income verification, and Vanta, a security and compliance automation solution, among others. The firm has also demonstrated a track record of successful exits, with over 10 companies from its portfolio achieving liquidity events. This success rate highlights OVO Fund's ability to not only identify promising startups but also to provide the necessary guidance and support that leads to significant growth and eventual acquisition or IPO. Their hands-on approach and deep network within the tech community contribute to the long-term success of their portfolio companies, solidifying their reputation as a valuable partner for early-stage founders.
Investor Profile
OVO Fund has backed more than 43 startups, with 1 new investments in the last 12 months alone. The firm has led 4 rounds, about 9% of its total and boasts 5 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in United States, Canada.
- Strong thematic focus on Financial Services, FinTech, Software.
- Typical check size: $100K – $500K.
Stage Focus
- Seed (70%)
- Series A (14%)
- Pre Seed (9%)
- Undisclosed (2%)
- Series B (2%)
- Convertible Note (2%)
Country Focus
- United States (98%)
- Canada (2%)
Industry Focus
- Financial Services
- Fintech
- Software
- Health Care
- Artificial Intelligence (Ai)
- Information Technology
- E-learning
- Finance
- Lending
- Mortgage
Frequently Asked Questions
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