Wednesday, April 2, 2014
VC Drive bringing investment quest roadshow to CMU
With a name like Drive, taking to the road is a no-brainer.
Drive Capital, a Columbus, Ohio-based venture capital firm with a newly raised $250 million fund to invest, is embarking on a spring RV university tour to scout for opportunities and will pull into Pittsburgh on April 15 to listen to pitches and offer feedback. Drive is looking for early- and growth-stage tech companies in the health care and consumer areas.
The Pittsburgh stop, in partnership with Carnegie Mellon University’s Center for Innovation and Entrepreneurship, is scheduled from noon to 4 p.m at the Morewood Gardens parking lot in Pittsburgh’s Oakland neighborhood.
Drive’s crew on the 42-foot RV is to include Robert Hatta, talent partner, and Mark Kvamme and Chris Olsen, founders. Kvamme and Olsen are best known as Silicon Valley VCs, alums of Sequoia Capital which backed Funny or Die and LinkedIn. They’re also bringing entrepreneurs from a handful of Drive’s portfolio companies — CrossChx, Roadtrippers, FarmLogs and Channel IQ to offer their perspectives on startups.