The Top 22 VC Firms In Texas [2021]

The Top 22 VC Firms In Texas [2021]

Texas is one of the US states that have many accomplishments to be proud of. According to center square, 50 companies headquartered in Texas made the fortune 500 list. That alone, is a testament that Texas provides a great ecosystem for startups to thrive.

Ideally, Texas enjoys access to a highly educated workforce, sourced from the UT System and the great private Texas universities. Besides, Texas enjoys a lower cost of living relative to the East or West Coasts.

According to Paul O`Brien, director at the Austin Founder Institute, the reason for Texas business success boils to the cost of living, access to the talent pool, and the tax benefits.

The cost of living, tax benefits, talent pool, and more are all compelling reasons companies are favoring Texas--but at the end of the day, it’s that within spitting distance of one another are Dallas, Fort Worth, Houston, Austin, San Antonio, and even beyond, within an hour more, Oklahoma City and New Orleans

In addition to the above favorable condition, Texas startups have access to venture capital from a wide range of investors.

Are you looking for a VC firm for your Texas based startup?

Finding the right investment firm for your startup can be a daunting task.

There are a number of successful venture capital firms in Texas, and we've curated a list of the best local firms in the area. Additionally, we provide you with:

  • Investment size
  • Funding stages
  • Typical industries the firm works with
  • Well known companies the VC firm has invested in

Here's the list:

1. Silverton Partners

  • Location: Austin, Texas
  • Industries: Sector Agnostic
  • Investment Range: Between $500,000 and $4 Million
  • Stage: Seed Stage
  • Companies invested in: Vacasa, Zebra, Self, Wheel, All Voices, Anchor, Bilt, TIV, InsiteFlow, Virdee, RXRedefined, Roundup APP.

Silverton Partners invest in early-stage startups led by exceptional entrepreneurs who remain committed to exploring growth markets. The VC firm invests between $500K and $4M, supporting companies that not only have the talent to identify exciting opportunities but are also determined to become market leaders.

Ideally, Silverton targets opportunities where technology can be used to build significant barriers over time. They help founders with recruiting and strategy, along with connecting the founders to other entrepreneurs, investors, mentors, and business partners

Learn more about Silverton Partners ➜

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2. ATX Venture Partners

  • Location: Austin, Texas
  • Industries: Sector Agnostic
  • Investment Range: Between $250K and $8Million
  • Stage: Seed Stage, Series A
  • Companies invested in: Everfest, alertmedias, IdealSpot, Ridescout, Unbill, Roverpass, SourceDay, Bractlet, MonoDrive, Goco.

ATX Venture Partners invests in early-stage companies at seed and Series A stages. The VC firm invests in companies that venture into disruptive and emerging B2B software, APIs, applications, frontier technology, and marketplaces across different sectors.

The firm invests between $250K and $8Million, and they usually lead the investment rounds. ATX Ventures make additional investments in portfolio companies when the partners identify viable opportunities.

Learn more about ATX Venture Partners ➜

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3. LiveOak Venture Partners

  • Location: Austin, Texas
  • Industries: Technology
  • Investment Range: Between $1M and 5M
  • Stage: Seed Stage.
  • Companies invested in: Talentguard, Imandra, Cyberfortress, Osano, Homeward, Converse Now.

LiveOak is an early-stage VC firm that supports companies with world-class visions. The VC firm provides venture capital to firms that focus on technology and technology-enabled solutions.

LiveOak maintains an active full-lifecycle investing approach, investing between $1M to $5M as the first check, and investing around $10 Million during the company’s life cycle.

Learn more about LiveOak Venture Partners ➜

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4. Elsewhere Partners

  • Location: Austin, Texas
  • Industries: Software
  • Investment Range: Between $5M and 20M
  • Stage: Seed Stage, Series A.
  • Companies invested in: itential, Vyopta, Statflo, Foresite, ActivTrak, BurstIQ, OpsCompass, Sellers Shield.

Elsewhere Partners makes investments in exceptional and ambitious software companies that have attained significant progress in B2B technology, SaaS, IT infrastructure, DevOps, and data management.

The investors back early-stage scale-up software companies, providing financial investment, and a unique mix of management experts. Elsewhere Partners supports the transitioning from scrappy startups to valuable enterprises. They make investments in the range of $5Million to $20 million.

Learn more about Elsewhere Partners ➜

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5. Quake Capital Partners

  • Location: Austin, Texas
  • Industries: Sector Agnostic
  • Investment Range: $1M - $3.5M
  • Stage: Early Stage
  • Companies invested in Aptivio, Ampathy, Alteria Automation, Aimsteady, Axleai, Abraxas Technology.

Quake Capital is an early-stage VC firm focusing on building startup ecosystems and enhancing innovation across multiple industries, verticals, and geographies. The investment firm has a strong affinity for startups within industries such as Cellular Communications, Blockchain, E-sports, Artificial Intelligence, Adtech, AgTech, AR/VR, Cybersecurity among other sectors.

Quake Capital invests venture capital alongside intense hands-on training and leadership development to ensure the success of startups. The VC firm invests between $1M and $3.5M.

Learn more about Quake Capital Partners ➜

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6. Austin Ventures

  • Location: Austin, Texas
  • Industries: Technology
  • Investment Range: Between $500K and $10 Million
  • Stage: Early Stage
  • Companies invested in: Caringo, Crunchfund, Datical, Donuts, BenefitMall, Onit, OutboundEngine, RunTitle, Silverback Enterprise Group.

Austin Ventures is an early-stage investment firm targeting emerging and expansion-stage technology companies. The VC firm invests in companies that have shown a long-term investment approach and a proven ability to build value in the early stages.

While Austin ventures invest in all phases of a company’s life, much of their investment activity occurs at the early stages. The VC firm targets initial investments of between $500K and $10 Million for early-stage ventures, and between $1M and $40M for the growth stage ventures.

Learn more about Austin Ventures ➜

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7. S3 Ventures

  • Location: Austin, Texas
  • Industries: Business Technology, Digital Experiences, and Healthcare Technologies
  • Investment Range: $250K - $10 Million
  • Stage: Seed Stage, Series A, Series B
  • Companies invested in: Alleviant, Atmosphere, BrainCheck, AllStacks, BuildForce, Hyas, IFM, Interplay Learning.

S3 Ventures invests in seed-stage, series A, and Series B companies within the business technology, digital experiences, and healthcare technologies. The VC firm invests between $250,000 and $10 Million.

Learn more about S3 Ventures ➜

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8. Texo Ventures

  • Location: Austin, Texas
  • Industries: Healthcare
  • Investment Range: $3M to $10M
  • Stage: Seed Stage, Series A, Series B
  • Companies invested in: BetterDoctor, Sensentia, Caredox, Wenzelspine, Televero, Ortho Kinematics, alafair, EmployerDirect, PrecedentHealth.

Texo Ventures funds companies led by exceptional entrepreneurs who seek to address persistent pain within the healthcare sector by leveraging advanced technology.

The VC firm primarily targets investments in companies that seek to provide health IT and technology-enabled health services, managed care and benefit design, medical devices and diagnostics, as well as personalized medicine technology.

Learn more about Texo Ventures ➜

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9. Next Coast Ventures

  • Location: Austin, Texas
  • Industries: Sector Agnostic
  • Investment Range: $3M - $7M
  • Stage: Early Stage
  • Companies invested in: aaDya, aClaimant, AlertMedia, Backtracks, Aceable, Acadeum, Able, Brava, Chargeback, Copilot, Conversifi.

Next Coast Ventures invest in emerging companies at the early stage of development, helping them to launch into hyper-growth companies. The VC firm invests across multiple industries and prefers to operate as partners.

Therefore, they find entrepreneurs with a shared ambition of building defining companies and solving fundamental market problems for their customers. Their typical investment range is between $3M and $7M.

Learn more about Next Coast Ventures ➜

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10. Donovan Ventures

  • Location: Houston, Texas
  • Industries: Energy
  • Investment Range: Up to $20M
  • Stage: Series A
  • Companies invested in: Gage Western, Regiment, Omega Sands

Donovan Ventures provides growth capital to lower middle-market companies operating in the energy sector.

This private equity and advisory service firm was established in 2007 and has funded numerous energy companies to grow to their full potential.

The firm can invest up to$20M at the initial stage.

Learn more about Donovan Ventures ➜

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11. Texas Atlantic Capital

  • Location: Houston, Texas
  • Industries: Technology, Cloud, Big Data, SaaS, Storage, E-commerce, Digital Media, Sharing Economy
  • Investment Range: $500K - $30M
  • Stage: From Seed Stage to Series B
  • Companies invested in: Graylog, Rocket Internet, Montredo

Texas Atlantic Capital (TAC) invests in companies starting from seed-stage entrepreneurs and all the way up growth stage businesses.

TAC seeks back companies primarily operating in e-commerce, digital life, internet, and software industries across the US and Europe.

Their investments range from as little as $500K to as much as $30M.

Learn more about Texas Atlantic Capital ➜

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12. Mercury Fund

  • Location: Austin, Houston, Texas
  • Industries: Attributes, Geography, Themes, Data/AIe, SPAC, SaaS, Cloud
  • Investment Range: $250K - $3M
  • Stage: Seed Stage
  • Companies invested in: Ambyint, Benson Hill, Cloudsnap

Mercury Fund is primarily focused on funding emerging software businesses in Middle America. The company has managed to create value worth more than $6.5 billion since its establishment back in 2005.

Mercury's initial investment ranges from $250K - $3M.

Learn more about Mercury Fund ➜

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13. Multicoin Capital

  • Location: Austin, Texas
  • Industries: Cryptocurrencies, Tokens, and Blockchain Companies
  • Investment Range: Not disclosed
  • Stage: Early Stage
  • Companies invested in: ARweave, Audius, Bakkt, Coin98, Dfinity, dfuse.

Multicoin Capital invests in cryptocurrencies, tokens, and blockchain companies in the public and private markets. The VC firm is famous for pioneering token economic models, valuation methodologies and for challenging the long-standing assumptions that the crypto ecosystem takes for granted.

Learn more about Multicoin Capital ➜

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14. TPG

  • Location: Fort Worth, TX
  • Industries: Financial services, healthcare, industrial services, real estate, technology, and retail sectors
  • Investment Range: Not Disclosed
  • Stage: Late Stage
  • Companies invested in: 8990 Holdings, Inc, Acorns, Adare Pharmaceuticals, Advantek, Advent, Aerie, AgraQuest.

TPG is a global late-stage VC firm focusing on financial services, healthcare, industrial services, real estate, technology, and retail sectors. The VC firm targets late-stage companies and provides capital and operational expertise to their portfolio companies.

Learn more about TPG ➜

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15. Sante Ventures

  • Location: Austin, Texas
  • Industries: Healthcare Technology
  • Investment Range: Not Disclosed
  • Stage: Seed Stage
  • Companies invested in: Biostable. CareHive, Clairity, Endogenex, Claret Medical, Cryosa, Endovascular Engineering.

Sante Ventures invests in companies providing innovative new healthcare, with a particular interest in Biotech, Medtech, and Healthtech.

The VC firm aims at combining time-tested processes and progressive practices to generate long-term results.

Learn more about Sante Ventures ➜

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16. PTV Healthcare Capital

  • Location: Austin, Texas
  • Industries: Healthcare Technology
  • Investment Range: Not Disclosed
  • Stage: Late Stage
  • Companies invested in: Apollo endosurgery, Intersect ENT, Intuity Medical, Asuragen, Corventis.

PTV Healthcare Capital is a late-stage venture and expansion capital firm committed to enabling healthcare innovation. The VC firm provides firms access to capital, expertise, and critical business expansion resources.

They focus on therapeutic medical devices and healthcare diagnostics as well as information technology and services platforms within the healthcare sector.

Learn more about PTV Healthcare Capital ➜

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17. BroadVail Capital Partners

  • Location: Houston, Texas
  • Industries: Commercial Real Estate
  • Investment Range: Not disclosed
  • Stage: Seed Stage

BroadVail Capital Partners is a private equity and business consulting firm located in Houston, TX.

Their main area of focus is the commercial real estate (CRE) industry.

They seek to invest in early-stage as well as growth-stage companies with proven positive track records in the real estate market.

Learn more about BroadVail Capital Partners ➜

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18. Montrose Lane

  • Location: Houston, Texas
  • Industries: Software, Energy, Industrial, Technology
  • Investment Range: Not disclosed
  • Stage: Seed Stage
  • Companies invested in: Engage, Novi, Tachyus

Montrose Lane previously known as Cottonwood Venture Partners is a leading Houston-based investment firm.

They use their knowledge and expertise to steer their portfolio companies towards upward growth.

The firm partners with top-class software companies that can make energy safe, economical, and environment-friendly.

Learn more about Montrose Lane ➜

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19. Denham Capital

  • Location: Houston, Texas
  • Industries: Energy Resources, Sustainable Infrastructure, Mining
  • Investment Range: Not disclosed
  • Stage: series A
  • Companies invested in: Greenleaf Power, Ceiba Energy, Fairway Resources

Denham Capital was founded in 2004 and has its offices in three other cities other than Houston.

This investment firm is focused on the sectors of global energy, sustainable infrastructure, and resources.

This firm has a vast portfolio of companies and has invested over $10 billion since its inception.

Learn more about Denham Capital ➜

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20. HX Venture Fund

  • Location: Houston, Texas
  • Industries: All Industries
  • Investment Range: Not disclosed
  • Stage: Seed Stage

HX Venture Fund is a VC firm that aims for boosting the startup community in Houston.

This sector agnostic firm primarily invests in high growth technology, energy, and medical startups among others.

Their goal is to make Houston a top-class innovation hub by making the necessary growth capital accessible for the founders.

Learn more about HX Venture Fund ➜

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21. Amnis Ventures

  • Location: Houston, Texas
  • Industries: Financial Services, Oil & Gas, Real Estate, Renewable Energy, Technology, Industrial Services
  • Investment Range: Not disclosed
  • Stage: Series A

Amnis Ventures focuses on innovative technological solutions that can bring sustainable changes in various fields.

Their areas of investment include sectors like Technology, Oil & Gas, Renewable Energy, Real Estate among others.

The idea behind the foundation of this company was to bridge the gap between innovation and investment.

Learn more about Amnis Ventures ➜

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22. The Artemis Fund

  • Location: Houston, Texas
  • Industries: Technology
  • Investment Range: Not disclosed
  • Stage: Seed Stage
  • Companies invested in: CNote, Goodfynd, Paloma

Artemis Fund invsests in early-stage women-led businesses across the US.

Their goal is to support tech-enabled companies built by female founders with capital funding and business knowledge to ensure their upward growth.

The company wants to empower women financially and build a strong community of women entrepreneurs in the country.

Learn more about The Artemis Fund ➜

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