Top 10 VC Funds in Texas

Texas is known worldwide for its friendly startup scene, featuring a diverse mix of industries and innovation. We have gone through a list to identify the top VC Funds in Texas, ranging from technology to energy. Texas provides a variety of options for investors seeking strong returns. In this blog, we have enlisted the Top 10 Venture Capital Funds that support business success in Texas. Here's a closer look:

1. Silverton Partners

Silverton Partners, founded in 2006, is a prominent venture capital firm based in Austin. With a focus on early-stage businesses, it mentors and funds founders committed to disrupting growth markets. Boasting a vast network and decades of experience, Silverton has been a key investor in visionary companies like WP Engine, Storable, and Silicon Labs. Led by Managing Partner Morgan Flager, it has raised institutional funds, with Fund V reaching $108 million in 2018. In 2021, Silverton Partners was recognized as the most active venture capital firm in Texas for the seventh consecutive year by CBInsights.

Website: Silverton Partners

Founding Year: 2006

Investment Range: $4M - $10M

Stage: Seed and Series A

Sector: Consumer, Enterprise, SaaS, FinTech

Investment Geography: United States

Notable Investments: WP Engine, Storable, SailPoint, Silicon Labs, TurnKey Vacation Rentals, The Zebra, AlertMedia, Aceable, Self Financial, Wheel, Billie

Submit Pitch/ Contact: Link

2. ATX Venture Partners

ATX Venture Partners is a US-based venture capital firm. It specializes in Seed, Series A, and early-stage investments, primarily in disruptive B2B software, APIs, applications, and frontier tech. Operating across industries such as Supply Chain, FinTech, InsurTech, and Future of Work, ATX provides founders crucial tools, talent, and hands-on support for success. The firm's diverse limited partners include successful entrepreneurs, executives, institutions, and family offices, combining generational wisdom with cutting-edge technology expertise.

Website: atxventurepartners.com

Founding Year: 2014 

Investment Range: $250K - $5M

Stage: Seed, Early

Sector: B2B Software, APIs, Marketplaces, Frontier Tech, Applications

Investment Geography: North America

Notable Investments: Unbill, RideScout, Set.fm, AlertMedia, SourceDay, ZenBusiness, Slingshot Aerospace

Submit Pitch/ Contact: Link

3. LiveOak Venture Partners

LiveOak Venture Partners, an Austin-based VC firm, collaborates with forward-thinking entrepreneurs leveraging disruptive tech and business models to challenge norms. Specializing in early-stage investments, LiveOak nurtures companies from seed to maturity, focusing on tech and tech-driven services primarily in Texas. With a decade of experience, LiveOak's founders have contributed to the success of industry leaders like Spatial Wireless, Navini Networks, LifeSize Technologies, and Mavenir Systems. 

Website: LiveOak Venture Partners

Founding Year: 2012

Investment Range: $2M -$15M

Stage: Early Stage Venture, Seed

Sector: Tech and tech-enabled services

Investment Geography: Texas 

Notable Investments: StackEngine, Sipera Systems, Spatial Wireless, OPCITY, Infocyte

Submit Pitch/ Contact: plans@liveoakvp.com

4. Elsewhere Partners

Elsewhere Partners, a growth-stage investment firm based in Austin, Texas, specializes in funding business software companies beyond traditional investment hubs, known as Elsewhere Outliers. Founded in 2017 by Chris Pacitti, John Thornton, and Sam Kentor, the firm, formerly AVX Partners, focuses on early and late-stage ventures, particularly in Series A and Series B. Their portfolio includes burstIQ, Vyopta Incorporated, ActivTrak, and others. Elsewhere Partners uniquely combines transitional capital and transformative expertise to guide companies, emphasizing those with over 40% revenue growth, less than $10 million in prior investment, and a distinctive product in IT infrastructure or vertical market applications.

Website: Elsewhere Partners

Founding Year: 2015

Investment Range: $10M - $50M

Stage: Growth

Sector: Business software

Investment Geography: Business software

Notable Investments: ESO, CloudFactory, ActiveCampaign

Submit Pitch/ Contact: Link

5. Quake Capital Partners

Quake Capital, a prominent seed-level investor, fuels the success of new ventures with investments ranging from $50k to $250k. Leveraging three decades of exclusive relationships, the team facilitates unparalleled access to finance, development, manufacturing, and distribution leaders. Beyond funding, Quake Capital provides crucial support—connecting entrepreneurs with a vast mentor network of over 200 industry leaders, securing additional capital through a network of 300 investors, and forming strategic partnerships with key service providers. They empower startups with the essentials: capital, expertise, and valuable connections.

Website: Quake Capital Partners

Founding Year: 2016

Investment Range: $50K - $250K

Stage: Seed, Early Stage

Sector: Software, SaaS, Health Care, Internet, Artificial Intelligence

Investment Geography: United States, Europe

Notable Investments: Adway, RECESS, Esports One

Submit Pitch/ Contact: Link

6. Austin Ventures

Austin Ventures, a renowned venture capital firm established in 1984, has successfully partnered with entrepreneurs for over 30 years. With a substantial $3.9 billion in raised capital, it focuses on early-stage and middle-market companies, emphasizing collaboration with talented executives in building industry-leading enterprises. Based in Austin, Texas, AV strategically invests in various sectors, including business services, financial services, new media, Internet, and information services, with a predominant focus on Texas. The firm has a notable history, including a proposed acquisition of Hoover's Inc. in 2003 and the successful closing of Austin Ventures X in 2008, raising $900 million for start-ups and expansion capital.

Website: austinventures.com

Founding Year: 1984

Investment Range: $500K - $40M

Stage: Early-stage, Growth-stage, Middle-market

Sector: IT, Digital Media, Internet, Business Services

Investment Geography: Texas, United States

Notable Investments: SolarWinds, HomeAway, Active Network, Encanvas, Spredfast, Localeze, BigCommerce, Indeed

Submit Pitch/ Contact: Link

7. S3 Ventures

S3 Ventures, based in Austin for over 17 years, stands as the largest venture capital firm exclusively focused on Texas. Specializing in Business Technology, Digital Experiences, and Healthcare Technology, we provide patient capital and essential resources to visionary founders. Their investments span Seed to Series B, ranging from $500K to $10M, with potential for $20M+ over a company's life. Boasting $900M+ in assets under management, their 50+ investments have raised nearly $2 billion, and over 20 have successfully exited. Supported by a single philanthropic family with a multi-billion-dollar foundation, their sole-LP structure allows them to prioritize founder needs without the distractions of traditional fundraising constraints.

Website: S3 Ventures

Founding Year: 2005

Investment Range: $500K - $10M+

Stage: Seed, Series A, and Series B

Sector: Business Technology, Digital Experiences, and Healthcare Technology

Investment Geography: Texas

Notable Investments: Pivot3, Alkami Technology, OutboundEngine

Submit Pitch/ Contact: Link

8. Texo Ventures

TEXO Ventures invests in passionate healthcare entrepreneurs, believing in their power to drive positive change. With a collaborative approach, the firm provides both capital and expert guidance, working closely with entrepreneurs to build successful healthcare companies.

Website: Texo Ventures

Founding Year: 2009

Investment Range: $30M - $1B

Stage: Seed, Early Stage

Sector: Healthcare Technology, Managed Care, Medical Device, Diagnostic and Medicine Technology

Investment Geography: United States

Notable Investments: BetterDoctor, Ortho Kinematics, CareDox, IsoStem

Submit Pitch/ Contact: Link

9. Next Coast Ventures

Next Coast Ventures, an Austin-based venture capital firm, collaborates with daring entrepreneurs spearheading innovative ventures in expansive markets. Specializing in early-stage funding for high-growth startups in key 'Next Coast' markets, they navigate investments guided by macro trends and thematic approaches. Beyond capital infusion, Next Coast offers hands-on support and company-building resources to its growing portfolio. Leveraging a robust industry network, a dynamic venture partner program, and insights gleaned from the founders' entrepreneurial journeys, the firm contributes to the success of emerging businesses in their ecosystem.

Website: nextcoastventures.com

Founding Year: 2015 

Investment Range: $2M - $10M

Stage: Early-stage, Growth

Sector: SaaS, Enterprise Software, Cloud Computing, Fintech, Healthcare

Investment Geography: United States (With a focus on Austin, Texas, Denver, Colorado, etc.)

Notable Investments: AlertMe, A Cloud Guru, Atomicus, BigID, Everlywell, FullStory, Ossa, SmileDirectClub, uShip

Submit Pitch/ Contact: Link

10. Donovan Ventures

Donovan Ventures is a Houston-based financial services firm specializing in private capital solutions for entrepreneurs and lower middle-market companies in the energy sector. With 13 dedicated employees, the company operates through two divisions: Asset Management and Investment Banking. In Asset Management, Donovan Ventures offers growth equity to energy companies and a commodity-linked income strategy through a partnership with Energia.com. In Investment Banking, the firm provides M&A and capital markets advice in various energy sectors.

Website: Donovan Ventures

Founding Year: 2007

Investment Range: $10M - $50M 

Stage: Growth equity

Sector: Oil & Gas, Decarbonization, Energy Transition

Investment Geography: United States

Notable Investments: U.S. Well Services, Carbon Engineering, Evolve Energy

Submit Pitch/ Contact: Link

Best of luck with your amazing ventures. 

Please note that this list is filtered by various metrics, and all the data are collected through various third-party websites, mostly the VC website. Since data such as ticket size or industry may change, you are requested to visit the official website given in the blog for the latest and updated information.