OVP Venture Partners

OVP Venture Partners is a venture capital firm specializing in early-stage investments in technology-based companies. The firm focuses on sectors such as software, internet, communications, life sciences, healthcare, clean tech, semiconductor, energy, defense, homeland security, information technology, media, multimedia, and environmental industries. OVP's investment strategy involves providing initial investments typically ranging from $1 million to $5 million, with the potential to grow to $8 million to $15 million over the life of the deal. The firm primarily invests in companies located in the Pacific Northwest region of the United States, including Oregon and Washington.

Established in 1983, OVP Venture Partners has a history of backing over 130 companies, resulting in 23 IPOs and 32 acquisitions. Notable portfolio companies include NanoString Technologies, EnerG2, and Symform. The firm's investment approach emphasizes partnering with exceptional entrepreneurs to build high-growth, market-leading businesses. OVP's team comprises seasoned investors and former operators who provide strategic guidance and support to portfolio companies, leveraging their deep domain knowledge and operational experience.

In 2012, OVP Venture Partners announced its decision to wind down operations after nearly 30 years in the venture capital industry. The firm ceased accepting new business plans and began the process of disbanding over the subsequent years. Despite this, the existing portfolio continued to operate, and the firm managed its investments until the completion of its funds. The decision to close was a significant event in the Pacific Northwest venture capital community, marking the end of one of the region's longest-running venture capital operations.