Austin Ventures

Austin Ventures
TypePrivate
IndustryPrivate equity
Founded1979[1]
FoundersJoe Aragona, Ken DeAngelis, Bill Wood
HeadquartersAustin, Texas, United States
ProductsVenture capital, Growth capital
Total assets$3.9 billion
Number of employees
60+
Websiteaustinventures.com

Austin Ventures (AV) is an American 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.[2] The firm, which is based in Austin, Texas,[3] was founded in 1984.[1] AV has raised approximately $3.9 billion since inception across ten private equity funds.[4]

History

For decades, Austin Ventures was the largest and most powerful venture capital firm in Texas. However by 2015, the firm declined as its general partners took a different direction to focus on buyouts instead. [5]

See also

References

  1. 1 2 findventure.com Archived September 10, 2011, at the Wayback Machine
  2. ↑ Thorpe, Helen (August 20, 2000). "Austin, We Have a Problem". The New York Times. ISSN 0362-4331. Retrieved December 9, 2019.
  3. ↑ Agresta, Michael (April 8, 2021). "How Austin's Start-up Sector Won the Pandemic". Texas Monthly LLC. Texas Monthly. Retrieved April 10, 2021.
  4. ↑ "COMPANY NEWS; SHAREHOLDER MAKES A COMPETING BID FOR HOOVER'S". The New York Times. February 8, 2003.
  5. ↑ Primack, Dan. "The death of Austin Ventures". Fortune. Retrieved December 6, 2024.