Private Equity

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OVO Fund

OVO Fund is an earliest-stage investor and pre-seed specialist. The firm backs founders, not just ideas, and specializes in the negative one to zero stage...

OVO Fund logo

OVO Fund

OVO Fund is an earliest-stage investor and pre-seed specialist. The firm backs founders, not just ideas, and specializes in the negative one to zero stage where ideas are raw. More than capital, OVO offers conviction and founder-focused partnership across areas including Applied AI, Enterprise Tech, Fintech, Digital Health, Web3, Consumer, and SaaS.

General information

Firm type

Private Equity

Year founded

2014

Location

Region

North America

Country

United States

City

Palo Alto

Corporate office

Menlo Park, CA, United States

Principals

Eric Chen

Managing Partner

Gianfranco Filice

Partner

Sector focus

AI/MLEnterprise SoftwareFinTechDigital HealthConsumerInsurTech

Frequently asked questions

What does OVO Fund mean by investing at 'negative one to zero'?

OVO uses the term to describe backing founders before they have a product, customers, or even a fully articulated narrative. This pre-seed stage is earlier than most institutional seed funds will engage, often representing the first outside capital a founder raises.

How does OVO Fund source its deal flow?

OVO emphasizes its role as a partner to founders from the very earliest stage, citing its advisory network and its reputation for writing first checks as primary sourcing channels. The Managing Partner has personally conducted hands-on due diligence, such as visiting a portfolio company's first retail store in person.

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