Loading organizations...
OEL Ventures is an early-stage venture capital firm, investing in technology and innovation-driven startups. The firm concentrates on seed to early-stage rounds, identifying and backing high-potential ventures developing groundbreaking solutions. Its core strategy involves fostering the growth of nascent companies across diverse technological sectors.
Founded in 2016, OEL Ventures was co-founded by Managing Partner Will Oberndorf, based in San Francisco. Oberndorf, a Stanford alumnus, brought extensive private market investing experience. The firm's genesis arose from discerning the critical need for strategic capital and guidance for promising early-stage technology companies.
The firm primarily serves entrepreneurs and startup teams building innovative solutions within its portfolio. OEL Ventures empowers these founders to realize their vision and scale their businesses. Its long-term objective is to cultivate a thriving ecosystem of technology companies, driving advancement and shaping future industries through strategic early investments.
OEL Ventures has 2 tracked investments across 2 companies. The latest tracked deal is $11.0M Series A in Pesto in May 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 1, 2023 | Pesto | $11.0M Series A | — | Arrive, Cherry Ventures, Expa, Kleiner Perkins, LUX Capital, Penny JAR Capital, Sequoia Capital, SNR, Sweet Capital, ASH Pournouri, David Yang, Commerce Ventures, Core Innovation Capital, Great Oaks Venture Capital, Human Capital, NJF Capital, Nomad Ventures, OVO Fund, Khaled Helioui, Soma Capital, Sozo Ventures, Y Combinator |
| Nov 1, 2022 | Loop | $24.0M Series A | Founders Fund, Susa Ventures | AirAngels, Freestyle Capital, NOT Boring Capital, Redpoint Ventures, SRB Ventures, VMG Partners, Mark Pincus, Nichole Wischoff, 9Yards Capital, Garrett Camp, Four More Capital, Lineage Ventures, MAC Venture Capital, Ryan Graves |
