Drive Capital

Drive Capital is a venture capital firm headquartered in Columbus, Ohio, dedicated to investing in market-defining companies across North America. Founded in 2013 by former Sequoia Capital partners Mark Kvamme and Chris Olsen, the firm focuses on startups outside traditional tech hubs, aiming to prove that world-class companies can emerge from regions often overlooked by investors. With over $2 billion in assets under management, Drive Capital has invested in more than 80 companies, including notable successes like Duolingo, Root Insurance, and Olive.

The firm's investment strategy emphasizes a deep understanding of local ecosystems, providing tailored support to founders and leveraging regional advantages to build sustainable, high-growth companies. Drive Capital's portfolio spans various sectors, demonstrating a commitment to fostering innovation and entrepreneurship in diverse markets. The firm's approach includes hands-on support for portfolio companies, deep integration into local ecosystems, and a focus on underinvested regions.

Drive Capital's track record reflects its dedication to building long-term, sustainable businesses. The firm has invested in companies across multiple industries, including technology, healthcare, and consumer products. Its portfolio companies have achieved significant milestones, such as Duolingo's IPO and Root Insurance's successful funding rounds. Drive Capital's philosophy centers on partnering with entrepreneurs who have audacious goals and strive to build large, sustainable companies, leveraging the unique advantages of the Midwest region to support their growth.