Drive Capital portfolio

Drive Capital has 17 portfolio companies on record at Recent Funding, with 6 investments in the last 12 months.

Website: drivecapital.com.

X: @drivecapital.

Type: Venture capital.

Portfolio on Recent Funding: 17.

Deals, last 12 months: 6.

Rounds led: 7 of 19.

Capital in their rounds: $2.16B.

Latest deal: Kindo · Nov 13, 2026.

About this page

It is a venture capital firm based in Columbus, US, founded in 2012. It led 7 of the 19 rounds it joined. Its most recent investment on record is Kindo's $30M funding round in November 2026, alongside TFX Capital, RRE Ventures, Sunset Ventures and 6 others. By category, its portfolio leans toward Health and bio (6) and Manufacturing and industrial (4). It has co-invested with Tiger Global Management, Highland Capital Partners and Tectonic Ventures, most often Tiger Global Management (4 rounds).

About Drive Capital

Firm type: Venture capital.

Headquarters: Columbus, US.

Founded: 2012.

Stages: Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage.

Sectors: Sector Agnostic.

Check size: $5M to $30M.

Leads rounds: Yes.

Portfolio companies: 93.

Exits: 5.

Rounds led: 34.

Fund returns

Fund	Vintage	Size	Net IRR	TVPI	DPI	As of
Drive Capital Fund IV	2022	—	-2.2%	0.95x	0.00x	Dec 31, 2025
Drive Capital Overdrive Fund II	2022	—	—	1.22x	0.19x	Dec 31, 2025
Drive Capital Fund III	2019	—	16.8%	1.78x	0.90x	Dec 31, 2025
Drive Capital Overdrive Fund I	2019	—	16.6%	2.22x	0.00x	Dec 31, 2025
Drive Capital Fund II	2016	—	16.7%	2.65x	0.34x	Dec 31, 2025

What Drive Capital invests in

Drive Capital recent investments

Company	Round	Date	Alongside
KKindo	round · $30M	Nov 13, 2026	TFX Capital, RRE Ventures, Sunset Ventures +6
PPath Robotics	Series B+ · $300M	Nov 10, 2026	IronArc Ventures, Naver Ventures, Georgian (lead) +4
OOcular AI	Pre-seed · $2M · lead	Oct 5, 2026	Alumni Ventures, Orange Collective, Y Combinator +2
VVecna Robotics	Series B+ · $31M	Sep 10, 2026	Tectonic Ventures, Tiger Global Management, Highland Capital Partners +1
VVAST Data	Series B+ · $1B · lead	Apr 22, 2026	Fidelity Management & Research Company, Nvidia, NEA +3
CConduit Health	Series A · $17M · lead	Mar 17, 2026	none named
PPlanned	Series B+ · $35M · lead	Jul 18, 2024	none named
VVecna Robotics	Series B+ · $100M	Jun 20, 2024	General Motors, Proficio Capital Partners, Tectonic Ventures +4

How Drive Capital invests

Stage	Deals	Capital in rounds
Series B+	14 74%	$2.05B
Series A	3 16%	$79M
Pre-seed	1 5%	$2M
round	1 5%	$30M

Year	Deals	Capital in rounds
2016	1 5%	$22M
2018	1 5%	$20M
2020	2 11%	$40M
2021	3 16%	$207M
2022	2 11%	$155M
2023	2 11%	$198M
2024	2 11%	$135M
2026	6 32%	$1.38B

Drive Capital portfolio companies

KKindo$30Mround · Nov 2026
PPath Robotics$300MSeries B+ · Nov 2026
OOcular AI$2MPre-seed · Oct 2026
VVecna Robotics$31MSeries B+ · Sep 2026
VVAST Data$1BSeries B+ · Apr 2026
CConduit Health$17MSeries A · Mar 2026
PPlanned$35MSeries B+ · Jul 2024
NNursa$80MSeries B+ · Aug 2023
FForge Biologics$90MSeries B+ · Sep 2022
CCivis Analytics$31MSeries B+ · Sep 2021
IImmutaSeries B+ · Jun 2020
AAstrusbacker
NNormal Computingbacker
EEnlace Healthbacker
AAssembler AIbacker
FFinite Statebacker
DDroxibacker

Company	Round with Drive Capital	Total raised	Latest raise
KKindo AI agents	Nov 13, 2026 round · $30M	$30M	Nov 13, 2026 round
PPath Robotics Robotics and hardware	Nov 10, 2026 Series B+ · $300M	$456M	Nov 10, 2026 Series B+
OOcular AI Foundation models and research	Oct 5, 2026 Pre-seed · $2M · lead	$2.5M	Oct 5, 2026 Pre-seed
VVecna Robotics Robotics and hardware	Sep 10, 2026 Series B+ · $31M	$210.5M	Sep 10, 2026 Series B+
VVAST Data AI infrastructure and compute	Apr 22, 2026 Series B+ · $1B · lead	$1.34B	Apr 22, 2026 Series B+
CConduit Health Insurance	Mar 17, 2026 Series A · $17M · lead	$17M	Mar 17, 2026 Series A
PPlanned	Jul 18, 2024 Series B+ · $35M · lead	$35M	Jul 18, 2024 Series B+
NNursa Health and bio	Aug 22, 2023 Series B+ · $80M · lead	$80M	Dec 5, 2023 Series B+
FForge Biologics Health and bio	Sep 12, 2022 Series B+ · $90M · lead	$250M	Sep 12, 2022 Series B+
CCivis Analytics Data and analytics	Sep 27, 2021 Series B+ · $31M	$53M	Sep 27, 2021 Series B+
IImmuta Fintech	Jun 23, 2020 Series B+	$217M	Aug 5, 2025 Series B+
AAstrus Foundation models and research	backer · source	$8M	Aug 7, 2025 Seed
NNormal Computing AI infrastructure and compute	backer · source	$58.5M	Mar 25, 2026 Series B+
EEnlace Health Health and bio	backer	$58M	Nov 3, 2021 Series B+
AAssembler AI Manufacturing and industrial	backer	$4M	Oct 26, 2026 Seed
FFinite State Cybersecurity	backer	$77M	Nov 10, 2026 Series B+
DDroxi Health and bio	backer	$21M	Dec 3, 2024 Series A

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Health and bio).

How this is counted

Net returns as reported by the public-pension and foundation LPs invested in each fund.

Firm profile and fund returns: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Share is of the 19 rounds on Recent Funding that name Drive Capital. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists Drive Capital, which is a subset of its real portfolio. API: /api/v1/investors/drive-capital (get a free API key). More: the most active VC firms and new venture capital funds.