OVO MANAGER LLC
OVO MANAGER LLC is a Pre-seed, Seed and Series A fund in California and the US writing $250K–$500K checks into AI, Consumer, Enterprise, Fintech, Healthcare, enterprise-tech and web3.
- Stages
- Pre-seed, Seed, Series A
- Sectors
- AI, Consumer, Enterprise, Fintech, Healthcare, enterprise-tech, web3
- Check size
- $250K–$500K
- Invests in
- California, US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2013
- Assets under management
- $50M
- Website
- ovofund.com
Thesis
OVO MANAGER LLC, operating as OVO Fund, is a venture capital firm specializing in early-stage investments, focusing on pre-seed and seed rounds for "scary early-stage startups" with innovative ideas and founders poised to define new market categories. Their investment thesis is broad, covering capital-efficient sectors such as Applied Artificial Intelligence (AI), Enterprise Tech, Fintech, Digital Health, Web3, Consumer, and SaaS. OVO Fund emphasizes a founder-centric approach, acting as a thought partner from investment through potential IPO and providing strategic guidance. They primarily invest in the United States, with a focus on the Bay Area and Los Angeles, often acting as the lead investor for the first professional capital. The firm has managed multiple funds, with Fund III closing at $50 million. Founded in 2013 or 2014, the firm is headquartered in Palo Alto, California.
Common questions
Does OVO MANAGER LLC invest at the Pre-seed stage?
Yes. OVO MANAGER LLC lists Pre-seed, Seed and Series A among the stages it invests in.
What check size does OVO MANAGER LLC write?
OVO MANAGER LLC writes $250K–$500K checks.
Where does OVO MANAGER LLC invest?
OVO MANAGER LLC invests in California and the US.