Drive Capital’s $1B new funds packed with returning LPs

Last year Drive Capital LLC invested $300 million in tech startups, the highest in its 10-year history, and returned more than that to investors, co-founder and Partner Chris Olsen said. 

Results like that are part of the reason that 95% of past limited partners re-invested in the Columbus VC firm’s latest funds totaling $1 billion – many for larger amounts than before, Olsen told Columbus Business First. 

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Story excerpt provided by Columbus Inno. 

Written by Carrie Ghose.

Originally published July 6, 2022.