Origin Ventures Closes $140M Sixth Fund
We are pleased to announce Origin Ventures VI, our newest early-stage fund that closed earlier this year with $140M in capital commitments.
The fund was oversubscribed and is the largest in the firm’s 25-year history, bringing assets under management to nearly $500M. The fund’s institutional, family office, and individual investors stretch across five continents.
Origin Ventures VI is focused on innovative companies leading humanity into the fifth economic era– the Artificial Intelligence Economy– transforming how we live, work and play. Investment themes include:
The current portfolio includes companies producing both the bits and the atoms powering the Artificial Intelligence Economy, including:
Torus - a full-stack energy storage platform for utility companies, C&I buildings, data centers, and defense facilities. Torus recently announced a $200M growth financing.
Clearjet - enables e-commerce merchants to utilize existing cargo capacity on commercial airlines for fast, cost-effective delivery.
Opticore – optical computing chip to improve performance and drastically reduce power consumption in AI data centers.
Voze – AI co-pilot for field sales reps in industrial verticals, helping them sell products and close deals.
Swarmbotics – unmanned ground vehicles (UGVs) and maneuvering software, primarily for defense applications.
Medmo – AI solution that automates medical imaging workflows, improving the patient and doctor experience while saving time and money.
As early believers in extraordinary people, portfolio companies are led by an accomplished group of founders that have created nearly $20B of enterprise value in previous ventures, including:
Nate Walkingshaw - the co-founder and CEO of Torus, Nate was previously the Chief Product Officer for Pluralsight through the company’s IPO. Nate also founded a medical device company acquired by Stryker.
Andy Dunn - the founder and CEO of Pie, Andy was previously the co-founder of Bonobos - which was acquired by Walmart.
Matt Maloney - has founded CurbsideSOS, after previously leading Grubhub through its IPO in 2014. Origin Ventures led Grubhub’s Series A in 2007.
Monte Zweben - the co-founder of ControlRooms, Monte previously took software company Blue Martini public. Monte also sold Red Pepper Software to Peoplesoft.
Our investment team stretches from coast-to-coast, with professionals in six of the top technology ecosystems in the U.S. - including NYC, DC, Chicago, Salt Lake City, San Francisco, and LA. In addition, we launched a Scout program that leverages our large professional networks to complement our sourcing activities.
We appreciate the bold vision of the founders we have backed, and the confidence of our limited partners as we continue to invest at the forefront of the Artificial Intelligence Economy.
