Top 19 Venture Capital Firms In Austin, TX [2022]

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Despite the pandemic, 2021 was a record year for startup funding in Austin, Texas. Indeed, Austin’s venture capital firms invested together a whopping $4.9 billion across 387 deals, up +215% vs. 2020..!

Whether you are raising seed, Series A or higher, in this article we have listed our top picks of the best venture capital firms in Austin, their industry focus and investment size.

So, if you haven’t yet started to reach out, here is a good place to start learning about them.

Note: this article is part of a series where we present you the top Venture Capital firms across the world. For Texas, have a look at our top picks for Houston, Dallas and Fort Worth.

Looking for Austin’s top startup incubators and accelerators instead? Check out our ranking here.

Top 19 Venture Capital Firms In Austin, Texas

Here’s a summary of our top 19 picks for the best venture capital firms in Austin, Texas (in alphabetical order):

Name Sector focus Round Investment size Investments
8VC Smart Enterprise, Financial Services, Logistics, Healthcare, Bio-IT Seed, Series A N/A 114
ATX Venture Partners Enterprise software, Apps, APIS, Marketplaces Seed, Series A $300k – $7M 37
Austin Ventures IT, Digital Media, Internet, Business Services Seed to Series A+ $500k – $10M (Early Stage) and $1M – $40M (Growth Stage) 250+
Elsewhere Partners B2B Software Series A N/A 52
Keller Capital Sector agnostic Seed to Series A+ $100k – $10M 14
Live Oak Venture Partners Technology Seed, Series A N/A 30
Mercury Fund Software Seed, Series A $250k – $4M * 58
Multicoin Capital Cryptocurrencies, Blockchain, Tokens Seed to Series A+ N/A 29
Murphree Venture Partners Energy, Waste Management, Critical Infrastructure, and Tech-Enabled Services Seed, Series A Undisclosed 8
Next Coast Ventures Consumer, Enterprise, and Marketplaces Seed, Series A N/A 56
Next Step Capital Partners Technology Series A $250k – $2M N/A
PTV Healthcare Capital Healthcare Series A+ N/A 17
Quake Capital Partners Technology Seed $100k – $150k 130+
Regolith Ventures Tech (critical to national security) Seed, Series A $1M+ N/A
S3 Ventures Business Tech, HealthTech, Digital Experience Seed to Series A+ $500k – $10M+ 50+
Sante Biotech, MedTech, Healthtech Seed, Series A N/A 34
Silverton Partners Consumer, Enterprise, Fintech, Healthcare Seed, Series A N/A 80+
Sputnik ATX VC Tech Seed $100k – $400k 39
Texo Ventures Healthcare Series A+ $3M – $10M 12

1. 8VC

 

One of the several venture capital firms operating in Austin, 8VC is a notable one that has so far invested in 114 companies. This venture capital firm offers Seed and Series A funding to companies in different sectors including Smart Enterprise, Logistics, Financial Services, Bio-IT, and Healthcare.

What is interesting about this venture capital firm is that it is made of a team of engineers, investors, and entrepreneurs who bring their operational experience to the table, thereby helping portfolio companies to succeed easily.

Unfortunately, this venture capital firm does not disclose the exact investment amount on its website. Some of the top companies that 8VC has invested in include Acutus Medical, Airbyte, Asana, The Boring Company, Hexagon Bio, among others.

2. ATX Venture Partners

 

Offering Seed and Series A funding, ATX Venture Partners is one of the most prominent venture capital firms operating in Austin. They usually write a check between $300k and $7M.

However, this venture capital firm doesn’t just offer funds but also provides pre-negotiated deals, the right connections and partnerships, and access to their network of talents and mentors to help the portfolio companies succeed.

ATX Venture Partners offers to fund startups and companies working in Marketplaces, APIS, Apps, and Enterprise Software verticals. So far, this venture capital firm has invested in 37 companies, some of which are Everfest, IdealSpot, Slingshot Aerospace, Arcade, and Assurely, among others.

3. Austin Ventures

 

Based in Austin, Austin Ventures is one of the most prominent venture capital firms that has so far invested in 250+ companies in the Business Services, Internet, Digital Media, and IT sectors.

This venture capital firm offers Seed to Series A+ funding through their Early Stage and Middle Market approaches. For the Early Stage, they usually write a check between $500k and $10M for startups. For the growth stage, they offer funding of anywhere between $1M and $40M.

Finally, their Middle Market investment arm writes checks between $25M and $75M along with other co-investments.

Some of the many companies that Austin Ventures has invested in include Ambiq Micro, BenefitMall, Bloomfire, MIQ Logistics, and so on.

4. Elsewhere Partners

Elsewhere Partners is a well-known venture capital firm operating in Austin. This venture capital firm invests only in B2B software companies and offers Series A funding. Unfortunately, Elsewhere Partners doesn’t disclose the exact investment amount anywhere on its website.

However, it is interesting to note that apart from funding, Elsewhere Partners offers a whole network of seasoned operators and subject matter experts who help the portfolio companies to accelerate faster and achieve incredible milestones.

So far, Elsewhere Partners has invested in 52 companies. Some of them are Relatient, Airbrake.io, Backbox, and OpsCompass, among others.

5. Keller Capital

 

Keller Capital is yet another famous venture capital firm located in Austin. This venture capital firm offers Seed to Series A+ funding, and usually writes a check of anywhere between $100k and $10M.

It is interesting to note that Keller Capital’s investments are sector agnostic. As long as a company applying for funds has high potential, they are willing to invest. In general, they invest in companies that offer some benefit to the surrounding communities.

So far, Keller Capital has invested in 14 companies, some of which are Drafthouse, The Finish Line, and Tenant Cloud, among others.

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6. Live Oak Venture Partners

 

Austin-based Live Oak Venture Partners is a popular venture capital firm that offers Seed and Series A funding to selected companies in the technology sector. They also invest in tech-enabled companies offering services.

What is interesting to note here is that Live Oak Partners offers investments only for companies operating in Texas, and they usually offer the first institutional capital to the selected companies.

Apart from funds, this venture capital firm also offers a network of talents, resources, and leaders that help the portfolio companies to gain a competitive edge.

So far, Live Oak Venture Partners has made 30 investments, some of which are AmplifAI, Converse Now, LoudCrowd, and more.

7. Mercury Fund

 

With 58 investments, Mercury Fund is one of the top venture capital firms operating in Austin. However, this venture capital firm also has a physical presence in Ann Arbor and Houston.

This venture capital firm offers Seed and Series A funding to software companies. Mercury Fund typically writes a check between $250k and $4M. However, they are willing to spend anywhere between $6M and $8M on each portfolio company during their lifetime.

Not just funds, Mercury Fund also provides mentorship and crucial guidance to its portfolio companies and helps them to become sustainable businesses. To do so, they address operational deficiencies of the companies they invest in and help them to overcome those challenges at a very early stage, allowing them to scale up quickly.

8. Multicoin Capital

 

Located in Austin, New York City, and Beijing, Multicoin Capital is one of the top venture capital firms that offer thesis-driven investments in blockchain, tokens, and cryptocurrencies companies.

What is interesting to note here is that Multicoin Capital manages a venture fund and a hedge fund. They not only invest in their portfolio companies but also offer thorough guidance because of their intimate knowledge of the crypto technology landscape.

Unfortunately, this venture capital firm does not disclose the exact investment amount, but they offer Seed to Series A+ funding. So far, Multicoin Capital has invested in 29 companies, some of which are Alpha Finance Lab, Arweave, Audius and more.

9. Murphree Venture Partners

 

Murphree Venture Partners is a Huston-based venture capital firm. However, it also has a physical presence in Austin and Birmingham. This venture capital firm offers Seed and Series A funding to companies working in Energy, Tech-enabled Services, Critical Infrastructure, and Waste Management industries. Unfortunately, this venture capital firm does not disclose the exact investment amount.

It is interesting to note that this venture capital firm invests in companies located in the south and southwest regions of the United States of America.

However, one of their primary requirements is that the companies should have a revenue of anywhere between $3M and $30M. So far, the firm has invested in 8 companies and some of them are Dowley Security, Anark Corporation, Object Reservoir, Smart Furniture, and Intrinergy.

10. Next Coast Ventures

 

Austin-based Next Coast Ventures offers Seed and Series A funding to startups in Marketplaces, Enterprise, and Consumer segments. What is interesting is that their investments are more thematic by nature. Thus, even though they focus on the aforesaid segments, they only select those companies for investments that align with their themes.

Interestingly, the firm does not disclose the exact investment amount on its website. However, Next Coast Ventures has invested in 56 companies so far. Some of their portfolio companies include AaDya, Able, Acadeum, Aceable, AlertMedia, BrainCheck, Cardlytics, CoPilot, CrowdHealth, and Hip Commerce, among others.

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11. Next Step Capital Partners

 

Austin-based Next Step Capital Partners is quite an interesting venture capital firm in the sense that it does not ask for an equity stake, collateralization, or personal guarantees. Instead, this venture capital firm asks for a share of future revenue.

This venture capital firm offers Series A funding to technology companies, and it usually writes a check of anywhere between $250k and $2M. However, the firm only selects those companies that have market-proven products or services, high gross margin, and sustainable growth opportunities.

12. PTV Healthcare Capital

 

PTV Healthcare Capital is an Austin-based venture capital firm that focuses on companies working towards healthcare innovation. However, they prefer to work with those companies that bring disruptive medical technologies.

This venture capital firm offers Series A+ funding, but unfortunately, it does not disclose the exact investment amount anywhere on its website.

Apart from funds, PTV Healthcare Capital also provides critical expertise and business expansion resources to its portfolio companies.

So far, this venture capital firm has invested in 17 companies. Some of its portfolio companies include Apollo Endosurgery, Asuragen, Intersect ENT, Intuity Medical, Corventis, Cardiva Medical Inc., and BioForm Medical.

13. Quake Capital Partners

Quake Capital Partners is a venture capital firm that has a physical presence in three locations – Austin, New York City, and Los Angeles. This venture capital firm offers Seed funding to technology startups.

What is interesting is that though they work with tech companies, they actually have a very strong affinity towards a few verticals including 5G, AdTech, AgTech, AI, Blockchain, Cybersecurity, SaaS, Infrastructure, AI, ML, Logistics, and Social Media.

They usually write a check between $100k and $150k. Apart from funds, Quake Capital Partners offers leadership development training and other hands-on training to its portfolio companies.

So far, this venture capital firm has invested in 130+ companies including 70 Million Jobs, AdWay, Aeronics, Baarb, Aquasprouts, BlastPoint, BabyQuip, and Bodhi, among others.

14. Regolith Ventures

 

Regolith Ventures is one of the most popular venture capital firms operating in Austin. What makes this venture capital firm different from others is that it focuses only on those technology companies that create technologies that have a dual use for defense and the general public. Also, the technologies should be critical to national security.

This venture capital firm offers Seed and Series A funding, and usually writes a check of at least $1M. Unfortunately, the firm does not disclose the companies that it invests in, which is quite understandable considering the nature of the technology companies they work with.

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15. S3 Ventures

 

S3 Ventures is one of the biggest venture capital firms operating in Austin. To date, this venture capital firm has invested in more than 50 companies. Offering Seed to Series A+ funding, S3 Ventures usually writes a check anywhere between $500k and $10M+.

This venture capital firm looks for companies operating in the following sectors: Digital Experience, HealthTech, and BusinessTech.

What’s interesting is that of the 50+ startups they have invested in, 20+ had successful exits. Some of the companies with successful exits include Alkami, Acessa Health, LiveOak Technologies, Kimbia, Digby, and Outbound Engine.

16. Sante

 

With physical offices in Austin and Boston, Sante is a popular venture capital firm that offers both Seed and Series A funding. This venture capital firm invests in HealthTech, MedTech, and Biotech companies.

Unfortunately, this venture capital firm does not disclose the exact investment amount anywhere on its website. Apart from providing funds, Sante offers its deep industry expertise and knowledge to its portfolio companies and helps them to succeed as sustainable and profitable businesses.

So far, the firm has invested in 34 companies, some of which are BaroLogics, CareHive, Claret Medical, Clairity, Endogenex, Geneos Therapeutics, Lumos Pharma, RapidPulse, and RiseHealth.

17. Silverton Partners

 

Located in Austin, Silverton Partners was founded in 2006. Ever since then, this venture capital firm has grown into one of the most active venture capital investors in entire Texas.

This venture capital firm offers Seed and Series A funding to companies in the Healthcare, Fintech, Enterprise, and Consumer verticals. Unfortunately, the firm does not disclose the exact investment amount anywhere on its website.

So far, Silverton Partners has invested in 80+ companies with some big names such as Stack Engine, WP Engine, Nuve, CopperEgg, Hive9, BigSquid.ai, Billie, Novo Labs, AlertMedia, SpyCloud, and Vacasa, among others.

18. Sputnik ATX VC

Austin-based Sputnik ATX VC is a popular venture capital firm that also doubles up as a startup accelerator. This venture capital firm offers Seed investment to tech-enabled companies, and usually writes a check between $100k and $400k.

Since Sputnik ATX VC is also an accelerator, it offers training to its portfolio companies and helps them to build successful companies.

Because the firm invests in tech-enabled companies, it is not stuck with a few selected verticals. Instead, this venture capital firm can invest in any tech-enabled vertical including cat care to fintech, and even healthcare.

Some of the 39 portfolio companies of Sputnik include Meowtel, Datum, cribMD, SaveDay, ModTechLabs, and Fundr.

19. Texo Ventures

 

Texo Ventures is an Austin-based venture capital firm that offers Series A+ investments to healthcare companies. It usually writes a check of anywhere between $3M and $10M.

Though they focus on healthcare companies, they target only those companies that are tech-enabled and require less capital for commercialization plus, have fewer regulatory hurdles and high scalability potential.

They also invest in companies working in the medical devices & diagnostics vertical, but select only those that are uniquely differentiated, and are in synergy with ongoing reform initiatives.

So far, Texo Ventures has invested in 12 healthcare companies including Sensentia, Caredox, BetterDoctor, Ortho Kinematics, OpenMarkets, and Alafair Biosciences.

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