DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Drive Capital LLC
Drive Capital LLC
Institutional venture firmColumbus, OHdrivecap.comSEC venture capital fund adviserfundraising evidence
venture manager, reported GAV $2,407M across 21 vehicles
Importance
44
elevated
Active deployment
74
high
Emerging
0
low
Completeness
56
elevated
Freshness
99
high
Research priority
28
moderate
Identity and regulatory footprint
- Headquarters
- Columbus, OHadviserinfo.sec.gov
- Office address
- 629 N. HIGH STREET, SIXTH FLOOR, Columbus, OH, 43215adviserinfo.sec.gov
- Business phone
- 415-694-9581adviserinfo.sec.gov
- Website
- HTTPS://WWW.DRIVECAP.COM
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Jun 17, 2026
- Private funds reported
- 21 (21 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $4.4Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $4.4Bthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 30
- business phone
- 415-694-9581adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
2 observed deals
Stated (the firm’s website)
- Sectors
- not stated or not yet read
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation
series a 100%
Stage at first entry
series a 100%
Sectors
unknown 50%Other Technology 50%
lead rate 50%follow-on rate 0%new logos, 12 months 2
Funds and vehicles
21 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Drive Capital Atlanta Seed Fund I, L.P. | Seed fund | 2024 adv first reported | Early deployment | $4.9M Mar 28, 2024 | 2 | $0 of $20.0M | Jul 18, 2023 |
| Drive Capital Overdrive Ignition Fund II, L.P. | Fund | 2023 adv first reported | Active deployment | $6.3M Mar 28, 2024 | 26 | unknown | unknown |
| Drive Capital Ignition Fund IV, L.P. | Fund | 2023 adv first reported | Active deployment | $4.1M Mar 28, 2024 | 26 | unknown | unknown |
| Drive Capital Overdrive Fund II, L.P. | Fund | 2022 adv first reported | Active deployment | $530M Mar 28, 2024 | 115 | $0 of $600M | Sep 22, 2021 |
| Drive Capital Fund IV, L.P. | Fund | 2022 adv first reported | Active deployment | $384M Mar 28, 2024 | 105 | $0 of $350M | Sep 22, 2021 |
| Drive Capital 2022 Co-Investment Fund, L.P. | SPV or co-invest vehicle | 2022 name year | Active deployment | $17.2M Mar 28, 2024 | 3 | unknown | unknown |
| Drive Capital Overdrive Ignition Fund I, LP | Fund | 2020 form d first sale | Mature | $4.2M Mar 28, 2024 | 26 | $2.9M of $5.0M | Jan 22, 2020 |
| Drive Capital Ignition Fund III, LP | Fund | 2020 form d first sale | Mature | $4.1M Mar 28, 2024 | 28 | $4.8M of $5.0M | Jan 22, 2020 |
| Drive Capital Overdrive Fund I, L.P. | Fund | 2019 form d first sale | Mature | $272M Mar 28, 2024 | 37 | $301M of $400M | Jan 13, 2020 |
| Drive Capital Fund III, L.P. | Fund | 2019 form d first sale | Mature | $189M Mar 28, 2024 | 63 | $350M of $350M | Nov 4, 2019 |
| Drive Capital Overdrive Fund I (te), L.P. | Fund | 2019 form d first sale | Mature | $131M Mar 28, 2024 | 8 | $301M of $400M | Jan 13, 2020 |
| Drive Capital Fund III (te), L.P. | Fund | 2019 form d first sale | Mature | $76.3M Mar 28, 2024 | 23 | $350M of $350M | Nov 4, 2019 |
| Drive Capital Fund II LP | Fund | 2016 form d first sale | Harvest | $181M Mar 28, 2024 | 30 | $159M of $300M | Aug 31, 2016 |
| Drive Capital Fund II (te) LP | Fund | 2016 form d first sale | Harvest | $156M Mar 28, 2024 | 18 | $137M of $300M | Aug 31, 2016 |
| Drive Capital Ignition Fund II LP | Fund | 2016 form d first sale | Harvest | $6.2M Mar 28, 2024 | 15 | $4.9M of $5.0M | Dec 20, 2016 |
| Drive Capital Ignition Fund I LP | Fund | 2014 form d first sale | Harvest | $8.8M Mar 28, 2024 | 18 | $4.8M of $4.8M | Oct 15, 2014 |
| Drive Capital Fund I, L.P. | Fund | 2013 form d first sale | Harvest | $430M Mar 28, 2024 | 28 | $225M of $300M | Dec 27, 2013 |
| Drive Capital Overdrive Ignition Fund III, L.P. | Fund | unknown | Fundraising | unknown | unknown | $0 of $39.0M | Dec 15, 2025 |
| Drive Capital Fund V, L.P. | Fund | unknown | Fundraising | unknown | unknown | $0 of $540M | Dec 15, 2025 |
| Drive Capital Ignition Fund V, L.P. | Fund | unknown | Fundraising | unknown | unknown | $0 of $26.0M | Dec 12, 2025 |
| Drive Capital Overdrive Fund III, L.P. | Fund | unknown | Fundraising | unknown | unknown | $0 of $810M | Dec 15, 2025 |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
6 current, 1 departed
Christopher George Olsen
Managing partnerManaging Partner · since Sep 1, 2012
Christopher George Olsen
Managing partnerManaging Partner · since Sep 1, 2012
Nickolas Anthony Solaro
PartnerPartner · since Nov 1, 2025
Isabel Kwara Chirase
Platform and operationsCfo · since Mar 1, 2022
Isabel Kwara Chirase
Platform and operationsCfo · since Mar 1, 2022
Jason Michael Ewasko
Platform and operationsChief Compliance Officer · since May 1, 2026
1 departed (kept with end dates)
- Mark David Kvamme · Managing Partner · Sep 1, 2012 to Mar 29, 2022 Inference
Investments on record
2 edges, 2 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| NORMAL COMPUTING | Funding round | participant | unknown | $50.0M | unknown | Mar 25, 2026 | Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS) |
| Conduit Health Inc. | Series A · Series A | lead | unknown | $17.0M | unknown | Mar 17, 2026 | Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS) |
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
4 relationships from shared deals, counted for the whole firm
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
22 dated events
- May 1, 2026Jason Michael Ewasko joined Schedule A of Drive Capital LLC as Chief Compliance Officer
- Nov 1, 2025Nickolas Anthony Solaro joined Schedule A of Drive Capital LLC as Partner
- Mar 28, 2024Drive Capital Atlanta Seed Fund I, L.P. first reported on Form ADV by Drive Capital LLC (Venture Capital Fund), GAV $4,885,351Fund first reported on Form ADVFundsFactDrive Capital Atlanta Seed Fund I, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2023Drive Capital 2022 Co-Investment Fund, L.P. first reported on Form ADV by Drive Capital LLC (Venture Capital Fund), GAV $17,474,747Fund first reported on Form ADVFundsFactDrive Capital 2022 Co-Investment Fund, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2023Drive Capital Overdrive Ignition Fund II, L.P. first reported on Form ADV by Drive Capital LLC (Venture Capital Fund), GAV $6,319,381Fund first reported on Form ADVFundsFactDrive Capital Overdrive Ignition Fund II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2023Drive Capital Ignition Fund IV, L.P. first reported on Form ADV by Drive Capital LLC (Venture Capital Fund), GAV $4,579,190Fund first reported on Form ADVFundsFactDrive Capital Ignition Fund IV, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2022Mark David Kvamme (Managing Partner) no longer on Schedule A of Drive Capital LLC
- Mar 29, 2022Drive Capital Fund IV, L.P. first reported on Form ADV by Drive Capital LLC (Venture Capital Fund), GAV $387,294,330Fund first reported on Form ADVFundsFactDrive Capital Fund IV, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2022Drive Capital Overdrive Fund II, L.P. first reported on Form ADV by Drive Capital LLC (Venture Capital Fund), GAV $526,074,939Fund first reported on Form ADVFundsFactDrive Capital Overdrive Fund II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 1, 2022Isabel Kwara Chirase joined Schedule A of Drive Capital LLC as Cfo
- Mar 31, 2021Drive Capital Ignition Fund III, LP first reported on Form ADV by Drive Capital LLC (Venture Capital Fund), GAV $5,431,259Fund first reported on Form ADVFundsFactDrive Capital Ignition Fund III, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2021Drive Capital Overdrive Ignition Fund I, LP first reported on Form ADV by Drive Capital LLC (Venture Capital Fund), GAV $4,716,350Fund first reported on Form ADVFundsFactDrive Capital Overdrive Ignition Fund I, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 8, 2020Drive Capital Fund III, L.P. first reported on Form ADV by Drive Capital LLC (Venture Capital Fund), GAV $271,946Fund first reported on Form ADVFundsFactDrive Capital Fund III, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 8, 2020Drive Capital Overdrive Fund I (te), L.P. first reported on Form ADV by Drive Capital LLC (Venture Capital Fund), GAV $35,868,254Fund first reported on Form ADVFundsFactDrive Capital Overdrive Fund I (te), L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 8, 2020Drive Capital Overdrive Fund I, L.P. first reported on Form ADV by Drive Capital LLC (Venture Capital Fund), GAV $75,241,948Fund first reported on Form ADVFundsFactDrive Capital Overdrive Fund I, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 8, 2020Drive Capital Fund III (te), L.P. first reported on Form ADV by Drive Capital LLC (Venture Capital Fund), GAV $179,459Fund first reported on Form ADVFundsFactDrive Capital Fund III (te), L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 12, 2017Drive Capital Fund II (te) LP first reported on Form ADV by Drive Capital LLC (Venture Capital Fund), GAV $136,782,000Fund first reported on Form ADVFundsFactDrive Capital Fund II (te) LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 12, 2017Drive Capital Fund II LP first reported on Form ADV by Drive Capital LLC (Venture Capital Fund), GAV $158,610,000Fund first reported on Form ADVFundsFactDrive Capital Fund II LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 12, 2017Drive Capital Ignition Fund II LP first reported on Form ADV by Drive Capital LLC (Venture Capital Fund), GAV $4,900,100Fund first reported on Form ADVFundsFactDrive Capital Ignition Fund II LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 1, 2015Drive Capital Ignition Fund I LP first reported on Form ADV by Drive Capital LLC (Venture Capital Fund), GAV $1,388,546Fund first reported on Form ADVFundsFactDrive Capital Ignition Fund I LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Sep 23, 2013Drive Capital Fund I, L.P. first reported on Form ADV by Drive Capital LLC (Venture Capital Fund), GAV $1,600,000Fund first reported on Form ADVFundsFactDrive Capital Fund I, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Sep 23, 2013Drive Capital LLC first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $2,407M across 21 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $2,407M across 18 vehicles
Evidence
44 observations from 4 sources