Drive Capital
QuietFiled to raiseColumbus, OHBiotech & pharma, Digital health, Enterprise softwareLast fund filed 2025
1 on a current fund
last 24 months
across filed funds
| Vehicle | Filed | Target | Sold to date | Investors |
|---|---|---|---|---|
| Drive Capital Overdrive Ignition Fund III | December 2025 | $100M | $51M | 1 |
| Drive Capital Overdrive Fund IIIFiled to raise in 2025, with no closing reported yet. | 2025 | $810M | $0 | 0 |
| Drive Capital Fund VFiled to raise in 2025, with no closing reported yet. | 2025 | $540M | $0 | 0 |
| Drive Capital Atlanta Seed Fund IFiled to raise in 2023, with no closing reported yet. | 2023 | $20M | $0 | 0 |
Amounts are Item 13 as filed: the target is the whole offering, and the amount sold is cumulative across amendments rather than a final close. The filing carries no per-investor amount, so a firm’s own cheque is not recoverable here.
2 partners are named across this firm’s filings, 1 of them on a fund it is deploying now.
| Partner | Activity | Categories | Board seats | Last 24mo |
|---|---|---|---|---|
| Christopher Olsen | Quiet | Fintech | 11 | 0 |
Categories of Drive Capital’s own portfolio companies, based on 6 with a verified or cited source.
| Firm | Shared boards | Companies |
|---|---|---|
| Canapi Ventures SBIC | 1 | Greenlight Financial Technology |
| Distributed Ventures | 1 | Relay Platform |
| Founders Fund | 1 | Gecko Robotics |
| Menlo Ventures | 1 |
| Drive Capital Overdrive Ignition Fund IIFiled to raise in 2022, with no closing reported yet. | 2022 | $6M | $0 | 0 |
| Drive Capital Ignition Fund IVFiled to raise in 2022, with no closing reported yet. | 2022 | $4M | $0 | 0 |
| Drive Capital Overdrive Fund IIFiled to raise in 2021, with no closing reported yet. | 2021 | $600M | $0 | 0 |
| Drive Capital Fund IVFiled to raise in 2021, with no closing reported yet. | 2021 | $350M | $0 | 0 |
| Drive Capital Overdrive Ignition Fund I | 2020 | $5M | $2.9M | 24 |
| Drive Capital Ignition Fund III | 2020 | $5M | $4.8M | 26 |
| Drive Capital Fund III (TE) | April 2019 | $350M | $350M | 22 |
| Drive Capital Fund III | April 2019 | $350M | $350M | 61 |
| DRIVE CAPITAL OVERDRIVE FUND I (TE) | April 2019 | $400M | $301M | 7 |
| DRIVE CAPITAL OVERDRIVE FUND I | April 2019 | $400M | $301M | 36 |
| Drive Capital Ignition Fund II | December 2016 | $5M | $4.9M | 14 |
| Drive Capital Fund II (TE) | June 2016 | $300M | $137M | 18 |
| Drive Capital Fund II | February 2016 | $300M | $202M | 48 |
| Drive Capital Ignition Fund I | September 2014 | $4.8M | $4.8M | 17 |
| Mark KvammeNot on the current fund | Quiet | Biotech & pharma, Digital health, Enterprise software | 9 | 0 |
Activity is filed board seats in the last 24 months: 4+ Active, 2–3 Selective, 1 Slowing, none Quiet. A firm's tier totals its partners, so an active firm may be four partners with one seat each. It undercounts partners who invest without taking a board seat, and filings lag a closing by weeks, so Quiet means the paperwork is quiet, not the person.
Not a filing value: this is Lev’s own classification of each company, one company one vote regardless of how many of Drive Capital’s partners are named on its board, shown only when we found a specific, checkable source. Companies with no source read as unclassified and are left out of the shares above.
| GILD |
| TTV | 1 | Greenlight Financial Technology |
A shared board seat: a company where filings name a Drive Capital partner and a partner at the other firm, both with a clean identity match. Not a claim either firm led or co-led the round, only that both are named on the same board.