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OVCP Manager
OVCP Manager invests Jason Finger's Seamless/Grubhub exit proceeds into early-stage marketplace and enterprise startups.
OVCP Manager
OVCP MANAGER, LLC is an SEC-registered investment adviser in Southlake, TX, registered since 2024.
General information
Firm type
Asset Manager
Year founded
2017
AUM
$50M – $150M (Altss estimate)
Location
Region
North America
Country
United States
City
Southlake
Corporate office
New York, NY, United States
Principals
Jason Finger
Co-Founder & Managing Partner
Ricky M. Tang
Co-Founder & Managing Partner
Alexis Ohanian
Venture Partner
Sector focus
Frequently asked questions
Who runs investment decisions at OVCP Manager?
Co-founders Jason Finger and Ricky Tang lead all investment decisions, drawing on the decade they spent building Seamless before its 2013 merger with Grubhub. The partnership operates as a tight two-person decision-making body, with venture partner Alexis Ohanian contributing to sourcing and founder evaluation since 2018.
How does OVCP Manager source deal flow?
The firm's primary sourcing channel is the network of founders, operators, and investors built during the Seamless-to-Grubhub journey, supplemented by the founder community around venture partner Alexis Ohanian. Ohanian's profile as Reddit co-founder and Initialized Capital founder gives the firm access to early-stage talent that might otherwise bypass a smaller office.
Does OVCP manage outside capital?
The firm principally invests the partners' own capital from the Seamless/Grubhub exit and does not market itself as an institutional fund manager. Select co-investors — typically fellow operators with liquidity from the same transaction or comparable exits — participate on a deal-by-deal basis through special-purpose vehicles.
What check size does OVCP typically write?
Initial commitments range from $250,000 to $1.5 million, targeting pre-seed and seed-stage rounds. The firm will occasionally follow on selectively but does not operate a formal reserves model, reflecting the principals' preference for capital efficiency over ownership targets.
Which sectors does OVCP avoid?
The firm has not deployed into deep science, hardware-centric, or capital-intensive industrial plays, remaining concentrated on software and marketplace models where the path to revenue is observable within 18 months. Biotech and cleantech are absent from the known portfolio.
Is OVCP structured as a family office or a venture firm?
Legally it is organized as a manager entity investing the partners' own capital, putting it closer to a single-family-office posture than a traditional venture firm. The absence of institutional LPs or a formal fund vehicle means it does not face the deployment-pressure or fee-structure constraints of a standard VC partnership.
What is the relationship between OVCP Manager and Initialized Capital?
There is no formal institutional relationship, but Alexis Ohanian's role as a venture partner at OVCP and a managing partner at Initialized Capital creates a soft bridge between the two organizations. Co-investments occur when portfolio companies from one shop intersect with the check-size range of the other, though the firms maintain separate governance and investment committees.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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