Houston Ventures

Houston Ventures is a private equity firm based in Houston, Texas, founded in 2004. The firm specializes in making investments across various stages, including early, mid, and late venture, as well as growth-stage companies. Houston Ventures focuses primarily on the technology and energy sectors, targeting businesses in areas such as communication, networking, software, and information technology. Through its managed funds, including Houston Ventures Fund I and Houston Ventures III, the firm aims to support the growth of companies that provide innovative solutions in business products and services, as well as technology, media, and telecommunications.

Chip Davis

Managing Partner

Frederick Lummis

Junior Partner

James Newell

Managing Partner

5 past transactions

SecurityGate

Series A in 2020
SecurityGate, Inc. is a Houston-based company that specializes in cybersecurity for operational technology (OT) and industrial control systems (ICS). Founded in 2017, it offers a cloud-based platform, SecurityGate.io, designed to provide organizations with enhanced visibility into their OT/ICS environments. This software as a service (SaaS) solution allows governance, risk, and compliance departments, as well as IT teams, to automate and streamline risk management processes, replacing manual audits and assessments. By leveraging intelligent systems, SecurityGate.io helps organizations identify business risks and develop strategies to mitigate cyber threats effectively. The platform facilitates collaboration across various business units, allowing teams to prioritize tasks, standardize data, and document compliance activities. SecurityGate’s clientele includes notable companies such as Chevron, Patterson UTI, and Westlake Chemical, reflecting its growing presence in the industrial cybersecurity sector.

OspreyData

Series A in 2018
OspreyData is a technology company based in San Juan Capistrano, California, that specializes in analyzing sensor data generated by high-value mechanical assets to enhance operational efficiency and prevent failures. Utilizing machine learning, OspreyData processes this data in real time, continuously improving its predictive insights. The company offers a physical systems intelligence platform that focuses on time series data, enabling the modeling of complex relationships among high-resolution signals. This platform complements existing monitoring systems, such as SCADA, by delivering deep insights into the behavior of intricate mechanical systems, including those in the oil and gas sector. By providing accurate operational decisions, OspreyData aims to help organizations prevent outages and accidents, ultimately maximizing the value derived from their critical assets.

Oseberg

Private Equity Round in 2016
Oseberg, LLC is a software company specializing in analytics solutions for the oil and gas industry, focusing on the Oklahoma and Texas markets. Founded in 2009 and headquartered in Oklahoma City, Oklahoma, with an additional office in New Orleans, Louisiana, Oseberg develops a software-as-a-service (SaaS) platform that aggregates public regulatory and county-level data. This platform allows users to search, map, mine, and conduct statistical analysis on a wide array of data, facilitating the discovery of leasing, drilling, and acquisition opportunities. Among its product offerings are atla, an energy data and mapping engine; soI, a data search tool; oseFrac, which organizes fracturing data; dataStream, which integrates with business intelligence systems; and oseberg map services. Oseberg’s solutions aim to enhance the efficiency and effectiveness of oil and gas exploration and operations by providing high-quality, normalized data.

LiquidFrameworks

Venture Round in 2013
LiquidFrameworks, Inc. is a provider of cloud-based mobile field operations management solutions tailored for the oil and gas, industrial, and environmental services industries. Founded in 2001 and headquartered in Houston, Texas, the company offers a comprehensive product suite known as FieldFX. This suite includes modules for e-ticketing, enterprise asset management, contract modeling, scheduling and dispatching, analytics, customer self-service, time tracking, electronic forms, and invoicing. These tools facilitate the automation of the quote-to-cash process, allowing companies to effectively manage jobs, quotes, contracts, and customer-specific requirements. By improving invoice accuracy, cash flow, and overall operational efficiency, LiquidFrameworks aims to enhance contract compliance and customer responsiveness for its clients.

Geoforce

Venture Round in 2013
Geoforce, Inc. specializes in tracking and asset management solutions primarily for the oilfield equipment sector. Founded in 2007 and headquartered in Plano, Texas, with a subsidiary in Perth, Australia, the company offers a range of services that include GPS-based tracking for both powered and non-powered equipment, vehicle and fleet management, and remote worker tracking. Additionally, Geoforce provides solutions for hazardous material tracking and compliance management. Utilizing a combination of GPS, RFID, and other wireless technologies, their customizable web-based software enhances operational efficiency and transparency. The company serves various industries, including oil and gas, transportation, logistics, and equipment manufacturing, and also offers consulting, installation, and support services to its clients. With extensive experience in the oil and gas sector, Geoforce is recognized for having the largest satellite asset tracking deployment in the industry.
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