Okapi Venture Capital is a venture capital firm founded in 2005. The firm was established by Marc Averitt and Sharon Stevenson. It is based in Laguna Beach, California. As of March 2019, the firm has 18 companies in its portfolio and has sold off its ownership in 10 companies. Its most recent investment was in December 2018 for WhiteFox Defense Technologies, a company developing a drone threat mitigation device.
Funding
Okapi Venture Capital focuses on funding companies based in Southern California. The firm provides funding for business operating in various industries, such as medical device, material science, and digital media. It finances companies at various stages, from seed-stage to later-stage. Since 2006, Okapi Venture Capital has managed to raise a fund total of $47.2 million across two funding rounds. Its most recent funding round was held in March 2012 and amassed $20 million.
Timeline
Funded Companies
An analytics company that uses artificial intelligence to analyze data from satellites, airplanes, and drones for defense, disaster response, and commercial applications.
A company offering a drone airspace security platform.
My Damn Channel is a New York City-based company founded in 2007.
ChromaCode is a Carlsbad, California-based company developing molecular diagnostics and bioinformatics systems.
Obalon Therapeutics is a Carlsbad, California-based company.
Trellis is a Los Angeles-based company founded by Nicole Clark.
People
Jeff Bocan
Partner
John Waller
Partner
Marc Averitt
Founder/Managing Director
Sharon Stevenson
Founder/Managing Director
Further reading
Documentaries, videos and podcasts
Companies
Chromacode
CLI Studios
Focal Therapeutics
GrowthHackers
Nimble for Good
WellTok
