Houston Ventures

Houston Ventures, established in 2004, is a Houston, Texas-based venture capital firm that invests in early to growth-stage companies across various sectors, with a focus on business products and services, energy, and information technology. The firm's investment strategy spans across communication, networking, and software sectors, aiming to support companies in their expansion and growth phases.

Chip Davis

Managing Partner

Frederick Lummis

Junior Partner

Jim Newell

Managing Partner

5 past transactions

SecurityGate

Series A in 2020
SecurityGate, Inc. specializes in developing an integrated risk management platform tailored for operational technology and industrial control system cybersecurity. Its primary offering, SecurityGate.io, is a Software as a Service (SaaS) platform that transforms traditional manual audit and assessment processes into streamlined digital workflows for risk management. This platform allows company leaders and IT teams to gain enhanced visibility into their operational technology environments, facilitating the identification of business risks and the formulation of strategies to mitigate potential cyber threats. By automating risk management processes, SecurityGate.io significantly reduces the time required to implement necessary security measures. Founded in 2017 and headquartered in Houston, Texas, SecurityGate has established a notable client base, including prominent companies such as Chevron, Patterson UTI, and Westlake Chemical.

Osprey Data

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 based in Oklahoma City, Oklahoma, with an additional office in New Orleans, Louisiana. Founded in 2009, Oseberg specializes in developing software-as-a-service (SaaS) analytics tools tailored for the oil and gas industry. Its platform enables users to efficiently search, map, and analyze public regulatory and county-level data from Oklahoma and Texas, facilitating insights into leasing, drilling, and acquisition opportunities. Oseberg's product suite includes atla, an energy data and mapping engine; soI, a data search tool; oseFrac, a fracturing data solution; dataStream, which connects business intelligence systems to data sources; and oseberg map services. By providing normalized and high-quality fracturing data, Oseberg aims to enhance the decision-making capabilities of oil and gas explorers, ultimately improving operational efficiency within the sector.

LiquidFrameworks

Venture Round in 2013
LiquidFrameworks, Inc. is a software company headquartered in Houston, Texas, specializing in cloud-based mobile field operations management solutions tailored for the oil and gas, industrial, and environmental services sectors. Established in 2001, the company offers a comprehensive product suite known as FieldFX, which facilitates various aspects of field operations, including job management, dispatching, and invoicing. Key components of the FieldFX suite include the FX E-Ticketing Platform for job ticket management, FX EAM for enterprise asset management, and FX CPQ for contract modeling. Additionally, the software provides modules for analytics, customer self-service, time tracking, electronic forms, and invoicing, all aimed at enhancing operational efficiency and financial accuracy. By streamlining workflows and improving contract compliance, LiquidFrameworks enables its clients to optimize cash flow and elevate customer service capabilities.

Geoforce

Venture Round in 2013
Geoforce, Inc. is a provider of tracking and asset management solutions tailored for the oil and gas industry, as well as transportation and logistics sectors. Founded in 2007 and headquartered in Plano, Texas, with a subsidiary in Perth, Australia, the company offers a range of services including GPS-based tracking for both powered and non-powered equipment, fleet and vehicle management, and hazardous material tracking. Geoforce utilizes a combination of GPS, RFID, and wireless technologies through a customizable cloud-based platform, enabling clients to enhance operational efficiency, transparency, and safety while managing high-value assets. The company is recognized for its extensive experience in the oil and gas sector and operates one of the largest satellite asset tracking deployments in the industry. Additionally, Geoforce provides consulting, installation, and support services to ensure effective implementation and ongoing management of its solutions.
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