Drive Capital
Drive Capital last closed a fund in December 2025 — 11 months ago. By its own rhythm, that is not yet halfway to the next one.
Closed Drive Capital Fund V, L.P in December 2025. No due call while it has fresh capital, whatever any one line's rhythm says.
This firm closed a fund in the last 18 months, so it has money to put to work now.
- Funds on file
- 18
- Capital raised
- $3.49B
- Latest close
- December 2025
- Based in
- OH
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Drive Capital Overdrive Ignition Fund III, L.P. | December 2025 | $51M | 0002063250 ↗ |
| Drive Capital Ignition Fund V, L.P. | December 2025 | $14M | 0002063138 ↗ |
| Drive Capital Fund V, L.P. | December 2025 | $540M | 0002063134 ↗ |
| Drive Capital Overdrive Fund III, L.P. | December 2025 | $810M | 0002063312 ↗ |
| Drive Capital Atlanta Seed Fund I, L.P. | July 2023 | $20M | 0001982324 ↗ |
| Drive Capital Overdrive Ignition Fund II, L.P. | January 2022 | $6M | 0001897545 ↗ |
| Drive Capital Ignition Fund IV, L.P. | January 2022 | $4M | 0001897841 ↗ |
| Drive Capital Overdrive Fund II, L.P. | September 2021 | $600M | 0001880033 ↗ |
| Drive Capital Fund IV, L.P. | September 2021 | $350M | 0001880188 ↗ |
| Drive Capital Ignition Fund III, L.P. | January 2020 | $5M | 0001799651 ↗ |
| Drive Capital Overdrive Ignition Fund I, L.P. | January 2020 | $3M | 0001799650 ↗ |
| DRIVE CAPITAL OVERDRIVE FUND I, L.P. | April 2019 | $251M | 0001773446 ↗ |
| Drive Capital Fund III, L.P. | April 2019 | $307M | 0001773451 ↗ |
| Drive Capital Ignition Fund II, L.P. | December 2016 | $5M | 0001692102 ↗ |
| Drive Capital Fund II (TE), L.P. | June 2016 | $137M | 0001679068 ↗ |
| Drive Capital Fund II, L.P. | February 2016 | $202M | 0001668207 ↗ |
| Drive Capital Ignition Fund I, L.P. | September 2014 | $5M | 0001622363 ↗ |
| DRIVE CAPITAL FUND I, L.P. | July 2013 | $181M | 0001583711 ↗ |
| DRIVE CAPITAL OVERDRIVE FUND I (TE), L.P. | April 2019 | $251M | 0001773441 ↗ |
| Drive Capital Fund III (TE), L.P. | April 2019 | $307M | 0001773458 ↗ |
Dated from filing date; no date of first sale was reported.
Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.
Named on filings
Christopher Olsen, Mark Kvamme
What Drive Capital invests in
- Typical fund
- $137M median, early stage, Series A-B scale
- Website
- drivecapital.com
Service providers
- Fund administrator
- Zedra (17 funds)
- Auditor
- Deloitte (17 funds)
From Form ADV filed by DRIVE CAPITAL LLC CRD 169002 ↗, latest filing June 2026, covering 17 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.
What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.
What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.
“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.