Austin Ventures

Austin Ventures, established in 1979 and headquartered in Austin, Texas, specializes in venture capital and private equity investments. The firm focuses on early-stage and middle-market companies, particularly in the technology, business services, industrial services, construction, energy, oilfield, food services, and digital media sectors. It seeks to partner with talented executives and entrepreneurs, primarily investing in businesses located in Texas, with a specific interest in the Austin and Houston areas. For early-stage investments, Austin Ventures typically commits between $0.5 million and $10 million initially, with total investments ranging from $10 million to $20 million. In contrast, its middle-market investments usually range from $25 million to $75 million, targeting companies with EBITDA between $10 million and $40 million. The firm prefers to take lead positions in its investments and aims for a board seat in most cases. Austin Ventures is recognized for its strategic approach to connecting emerging businesses with the necessary resources for growth.

Joe Aragona

Founder and General Partner

John Dirvin

Partner and COO

Josh Harding

Associate

Jim Kozlowski

Venture Partner

Kevin Kunz

CFO

Past deals in Houston, TX

Onit

Venture Round in 2016
Onit, Inc. specializes in developing legal project management and workflow automation software designed to enhance productivity and streamline operations across various business departments. The company's offerings include Enterprise Legal Management, Matter Management, Legal Spend Management, Contract Lifecycle Management, and Legal Holds, which collectively facilitate the efficient handling of legal matters and spending. Additionally, Onit provides a self-service portal for Legal Service Requests and tools like Apptitude for workflow automation and Precedent, an artificial intelligence platform. By allowing users to create custom applications without reliance on IT support, Onit simplifies business processes that are typically manual and cumbersome. Founded in 2011 and headquartered in Houston, Texas, with additional offices in Austin, Auckland, and Pune, Onit serves a diverse range of industries, including technology, insurance, healthcare, and finance, helping clients to automate processes, reduce costs, and maximize productivity.

Onit

Series B in 2012
Onit, Inc. specializes in developing legal project management and workflow automation software designed to enhance productivity and streamline operations across various business departments. The company's offerings include Enterprise Legal Management, Matter Management, Legal Spend Management, Contract Lifecycle Management, and Legal Holds, which collectively facilitate the efficient handling of legal matters and spending. Additionally, Onit provides a self-service portal for Legal Service Requests and tools like Apptitude for workflow automation and Precedent, an artificial intelligence platform. By allowing users to create custom applications without reliance on IT support, Onit simplifies business processes that are typically manual and cumbersome. Founded in 2011 and headquartered in Houston, Texas, with additional offices in Austin, Auckland, and Pune, Onit serves a diverse range of industries, including technology, insurance, healthcare, and finance, helping clients to automate processes, reduce costs, and maximize productivity.

Emerus Holdings

Venture Round in 2011
Emerus Holdings operates a network of micro-hospitals in Texas, specializing in emergency care and inpatient diagnostic services. The company addresses a wide range of medical needs, including acute abdominal pain, chest pain, respiratory issues, and injuries, among others. Emerus also provides various diagnostic services such as blood tests, imaging, and screenings. Founded in 2006 and headquartered in The Woodlands, Texas, the company aims to improve healthcare delivery in underserved areas by focusing on patient-centered care and innovation. Its facilities are located in major cities including Houston, Dallas, San Antonio, and Austin, providing accessible healthcare options to local communities.

Zeno Corporation

Venture Round in 2009
Zeno Corporation is the maker of health and beauty products. They specifically focus on thermal-based, over-the-counter products for skin. Their primary product is called Zeno HOT SPOT and is centered around patented technology ClearPointâ„¢

Zeno Corporation

Series E in 2008
Zeno Corporation is the maker of health and beauty products. They specifically focus on thermal-based, over-the-counter products for skin. Their primary product is called Zeno HOT SPOT and is centered around patented technology ClearPointâ„¢

ColdWatt

Series B in 2006
ColdWatt, Inc. specializes in the design, development, and manufacture of power converters tailored for computing, telecommunications, and networking applications. The company provides its products to original equipment manufacturers (OEMs), IT managers, and systems designers. Headquartered in Austin, Texas, ColdWatt also maintains offices in Taiwan, San Jose, California, and Houston, Texas, along with operations in Shenzen, China, and design centers in Dallas, Texas, and Bangalore, India. Originally established as GTI Power Systems in 2004, the company rebranded in March 2005 to better reflect its focus on power conversion technologies.

RLX Technologies

Series E in 2005
As of October 19, 2005, RLX Technologies, Inc. was acquired by Hewlett-Packard Co. RLX Technologies, Inc. provides blade hardware and management technologies. It offers control tower, which provides remote management, monitoring and control of hardware, operating systems, network services, and various IT resources to consuming management tasks. RLX Technologies, Inc. was founded in 1999 as RocketLogix, Inc. and changed its name to RLX Technologies, Inc. in 2001. The company is headquartered in The Woodlands, Texas.

ColdWatt

Series A in 2005
ColdWatt, Inc. specializes in the design, development, and manufacture of power converters tailored for computing, telecommunications, and networking applications. The company provides its products to original equipment manufacturers (OEMs), IT managers, and systems designers. Headquartered in Austin, Texas, ColdWatt also maintains offices in Taiwan, San Jose, California, and Houston, Texas, along with operations in Shenzen, China, and design centers in Dallas, Texas, and Bangalore, India. Originally established as GTI Power Systems in 2004, the company rebranded in March 2005 to better reflect its focus on power conversion technologies.

RLX Technologies

Series D in 2004
As of October 19, 2005, RLX Technologies, Inc. was acquired by Hewlett-Packard Co. RLX Technologies, Inc. provides blade hardware and management technologies. It offers control tower, which provides remote management, monitoring and control of hardware, operating systems, network services, and various IT resources to consuming management tasks. RLX Technologies, Inc. was founded in 1999 as RocketLogix, Inc. and changed its name to RLX Technologies, Inc. in 2001. The company is headquartered in The Woodlands, Texas.

RLX Technologies

Series C in 2003
As of October 19, 2005, RLX Technologies, Inc. was acquired by Hewlett-Packard Co. RLX Technologies, Inc. provides blade hardware and management technologies. It offers control tower, which provides remote management, monitoring and control of hardware, operating systems, network services, and various IT resources to consuming management tasks. RLX Technologies, Inc. was founded in 1999 as RocketLogix, Inc. and changed its name to RLX Technologies, Inc. in 2001. The company is headquartered in The Woodlands, Texas.

RLX Technologies

Series C in 2003
As of October 19, 2005, RLX Technologies, Inc. was acquired by Hewlett-Packard Co. RLX Technologies, Inc. provides blade hardware and management technologies. It offers control tower, which provides remote management, monitoring and control of hardware, operating systems, network services, and various IT resources to consuming management tasks. RLX Technologies, Inc. was founded in 1999 as RocketLogix, Inc. and changed its name to RLX Technologies, Inc. in 2001. The company is headquartered in The Woodlands, Texas.

PentaSafe

Series B in 2002
PentaSafe specializes in security infrastructure and enterprise IT risk management. The company develops software designed to enhance auditing, security, and intrusion processes. Its solutions integrate essential management functions related to security policy and awareness, user administration, vulnerability management, and incident response. PentaSafe's software enables organizations to educate employees based on their roles and ensures compliance with security protocols through online testing and tracking mechanisms. This comprehensive approach helps organizations mitigate risks and maintain robust security standards.

iVita

Series B in 2001
iVita Corp. is a Web-hosted, business-to-business provider of financial solutions for managing corporate assets.

iVita

Series B in 2000
iVita Corp. is a Web-hosted, business-to-business provider of financial solutions for managing corporate assets.
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