OVO Fund

OVO Fund is a venture capital firm based in Palo Alto, California, specializing in early-stage investments. Since its inception in 2014, the firm has invested in over 90 technology startups, including notable companies like Palantir, Wish, RelateIQ, Signifyd, Piazza, Addepar, Rhumbix, Juniper Square, Kiwi Crate, Man Crates, and Unify ID. OVO Fund focuses on pre-seed investments, typically writing checks ranging from $250,000 to $500,000, and reserves additional funds for follow-on investments up to Series A.

The firm's investment strategy emphasizes a founder-focused partnership, providing not just capital but also guidance and resources to help entrepreneurs turn their ideas into reality. Their areas of focus include Applied AI, Enterprise Tech, Fintech, Digital Health, Web3, Consumer, and SaaS. OVO Fund has a track record of backing eight unicorns and two successful IPOs, with its portfolio companies collectively raising over $5.7 billion and creating over 12,700 jobs.

OVO Fund's human-centric approach recognizes the challenges and aspirations of startup founders, aiming to empower their vision and support their growth both professionally and personally. The firm operates out of its third fund of $52 million, with a typical check size ranging from $250,000 to $750,000, and maintains a follow-on investment ratio of 3:1 up to Series A. This approach underscores their commitment to nurturing early-stage companies with high potential for market disruption.