Drive Capital Fund II Overview
Drive Capital Fund II General Information
Description
Drive Capital Fund II is a 2016 vintage venture capital fund managed by Drive Capital. The fund is located in Columbus, Ohio, and invests in Midwest. The fund targets software and TMT sectors.
Contact Information
Fund Manager's Location
- 629 North High Street
- 6th Floor
- Columbus, OH 43215
- United States
Drive Capital Fund II Investments (37)
Drive Capital Fund II has made a total of 37 investments. Its most recent deal was a with Forge Biologics for . The deal was made on 21-Jul-2020.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Forge Biologics | 21-Jul-2020 | Drug Discovery | Startup | |||
| ClusterTruck | 17-Jul-2020 | Other Restaurants, Hotels and Leisure | Generating Revenue | |||
| Cyclica | 23-Jun-2020 | Discovery Tools (Healthcare) | Generating Revenue/Not Profitable | |||
| Olive (Enterprise Systems) | 10-Apr-2020 | Enterprise Systems (Healthcare) | Generating Revenue | |||
| DisruptOps | 03-Mar-2020 | Network Management Software | Generating Revenue | |||
| READY Robotics | 25-Feb-2020 | Business/Productivity Software | Generating Revenue | |||
| Fast Radius | 03-Feb-2020 | BPO/Outsource Services | Generating Revenue | |||
| Enlace Health | 09-Jan-2020 | Enterprise Systems (Healthcare) | Generating Revenue | |||
| Vecna Robotics | 07-Jan-2020 | Later Stage VC (Series B) | Other Hardware | Generating Revenue | ||
| Fifth Season | 06-Jan-2020 | Early Stage VC | Horticulture | Generating Revenue |
Drive Capital Fund II Investment Strategy
Investments by Industry
Investments by Deal Type
Drive Capital Fund II Limited Partners (5)
Deseret Mutual Master Retirement Plan is one of Drive Capital Fund II’s 5 limited partners. Its latest Original was on 31-Aug-2016.
| Limited Partner Name | Type | Status | Commitment | Date | Commitment Type |
|---|---|---|---|---|---|
| Deseret Mutual Master Retirement Plan | Current | 31-Aug-2016 | Original | ||
| Hess Philanthropic Fund | Current | 31-Aug-2016 | Original | ||
| Huntington Bancshares Retirement Plan | Current | 31-Aug-2016 | Original | ||
| The Sherman Fairchild Foundation | Current | 31-Aug-2016 | Original | ||
| Ventura County Employees' Retirement Association | Public Pension Fund | Current | 19-May-2016 | Original |
Drive Capital Fund II Returns Data
The below charts are illustrative of the type of graphical data available to our clients and do not represent live data.
IRR (%)
DPI (x)
RVPI (x)
TVPI (x)
Drive Capital Fund II Returns History
| Period | Contribution (by all LPs) | Dry Powder | Distribution (to all LPs) | NAV | Total Fund Distr+NAV | IRR | DPI | RVPI | TVPI | Dry Powder % |
|---|
Drive Capital Fund II Benchmark (67)
| Fund Name | Fund Type | Vintage | IRR | Quartile | As of Date |
|---|---|---|---|---|---|
| Drive Capital Fund II | 31-Mar-2025 | ||||
| 5AM Ventures V | 31-Mar-2025 | ||||
| Thrive Capital Partners V | |||||
| Battery Ventures XI Side Fund | 31-Mar-2025 | ||||
| Menlo Special Opportunities Fund | 31-Dec-2022 | ||||
| BlueCross BlueShield Venture Partners III | |||||
| Intact Ventures I | |||||
| Sequoia Capital India V | |||||
| Aisling Capital IV | 30-Sep-2024 | ||||
| Accel Leaders Fund |
Drive Capital Fund II FAQs
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What is Drive Capital Fund II?
Drive Capital Fund II is a 2016 vintage venture capital fund managed by Drive Capital.
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Who manages Drive Capital Fund II?
Drive Capital Fund II is managed by Drive Capital.
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Where is Drive Capital Fund II domiciled?
Drive Capital Fund II is domiciled in United States: Delaware.
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What is Drive Capital Fund II's size?
Drive Capital Fund II has a size of $300M.
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What type of fund is Drive Capital Fund II?
The fund type of Drive Capital Fund II is Venture.
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What is the status of Drive Capital Fund II?
Drive Capital Fund II is closed.
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What has Drive Capital Fund II invested in?
Drive Capital Fund II has made numerous investments in companies like Forge Biologics, ClusterTruck, and Cyclica within the Drug Discovery, Restaurants, Hotels and Leisure, and Discovery Tools (Healthcare) industries.
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What has Drive Capital Fund II invested in recently?
Drive Capital Fund II's latest investment was on 21-Jul-2020 in Forge Biologics, a company within the Drug Discovery industry.
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