Austin Ventures (AV) is a
private equity firm
A private equity firm or private equity company (often described as a financial sponsor) is an investment management company that provides financial backing and makes investments in the private equity of a Startup company, startup or of an existin ...
focused on
venture capital
Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in ...
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. The firm, which is based in
Austin, Texas
Austin ( ) is the List of capitals in the United States, capital city of the U.S. state of Texas. It is the county seat and most populous city of Travis County, Texas, Travis County, with portions extending into Hays County, Texas, Hays and W ...
, was founded in 1984.
[ AV has raised approximately $3.9 billion since inception across ten ]private equity fund
A private equity fund (abbreviated as PE fund) is a collective investment scheme used for making investments in various equity (and to a lesser extent debt) securities according to one of the investment strategies associated with private equity.
...
s.
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.
See also
* Silicon Hills
References
External links
Austin Ventures
(company website)
{{Venture capital firms
Venture capital firms of the United States
Financial services companies established in 1979
Private equity firms of the United States
Companies based in Austin, Texas
1979 establishments in Texas