Austin Ventures
Encyclopedia
Austin Ventures is a private equity
firm focused on venture capital
and growth equity investments in business services and supply chain, financial services, new media, Internet, and information services companies nationally with a focus on Texas. The firm, which is based in Austin, Texas
, was founded in 1984. AV has raised approximately $3.9 billion since inception across ten private equity fund
s. In September 2008, the firm announced the closing of Austin Ventures X with $900 million of investor commitments which will be used to fund start-up capital for emerging companies and growth capital for expansion rounds and recapitalizations.
Austin Ventures proactively seeks to buy and build companies in markets where their CEO partners have experience. They work closely with their CEO partners by assisting with deal flow, supporting the recruitment of their team, driving due diligence efforts, refining investment and business strategy, and providing transaction expertise.
Several AV Partners are continually developing investment themes and simultaneously seeking out talented executive entrepreneurs with whom to partner in this program. Jeff Browning, AV Recruiting Partner, leads AV's effort from a recruiting process perspective. AV looks for CEOs to work with in several areas including:
Business Services and Supply Chain, Financial Services, Information Services, New Media, Software & Internet, Texas Special Situations
Business Services and Supply Chain, Financial Services, Information Services, New Media, Software & Internet, Texas Special Situations
, Bazaarvoice, WhaleShark Media, Dachis Group, Spiceworks
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
firm focused on venture capital
Venture capital
Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...
and growth equity investments in business services and supply chain, financial services, new media, Internet, and information services companies nationally with a focus on Texas. The firm, which is based in Austin, Texas
Austin, Texas
Austin is the capital city of the U.S. state of :Texas and the seat of Travis County. Located in Central Texas on the eastern edge of the American Southwest, it is the fourth-largest city in Texas and the 14th most populous city in the United States. It was the third-fastest-growing large city in...
, was founded in 1984. AV has raised approximately $3.9 billion since inception across ten private equity fund
Private equity fund
A private equity fund is a collective investment scheme used for making investments in various equity securities according to one of the investment strategies associated with private equity....
s. In September 2008, the firm announced the closing of Austin Ventures X with $900 million of investor commitments which will be used to fund start-up capital for emerging companies and growth capital for expansion rounds and recapitalizations.
CEO-in-Residence Program
In early 2003, AV initiated the CEO-in-Residence program, where they partner with proven, entrepreneurial CEOs to pursue value-creation opportunities in segments of mutual interest.Austin Ventures proactively seeks to buy and build companies in markets where their CEO partners have experience. They work closely with their CEO partners by assisting with deal flow, supporting the recruitment of their team, driving due diligence efforts, refining investment and business strategy, and providing transaction expertise.
Several AV Partners are continually developing investment themes and simultaneously seeking out talented executive entrepreneurs with whom to partner in this program. Jeff Browning, AV Recruiting Partner, leads AV's effort from a recruiting process perspective. AV looks for CEOs to work with in several areas including:
Business Services and Supply Chain, Financial Services, Information Services, New Media, Software & Internet, Texas Special Situations
Entrepreneur-in-Residence Program
Similar to the CEO-in-Residence program, Austin Ventures partners with visionary entrepreneurs and startup executives to build category-defining technology companies. AV focuses on seed and rapid growth opportunities in:Business Services and Supply Chain, Financial Services, Information Services, New Media, Software & Internet, Texas Special Situations
Portfolio
The portfolio includes HomeAwayHomeAway
HomeAway, Inc. is an online vacation rental marketplace. HomeAway connects homeowners and property managers who advertise their properties available for rent with travelers who choose these alternative accommodations instead of hotels....
, Bazaarvoice, WhaleShark Media, Dachis Group, Spiceworks
Spiceworks
Spiceworks is a software development company headquartered in Austin, Texas. It was formed in early 2006 by Scott Abel, Jay Hallberg, Greg Kattawar, and Francis Sullivan to provide a Facebook-like community integrated with a free ad-supported IT systems management, inventory, and help desk...
External links
- Austin Ventures (company website)