DataPower Ventures
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Investment Firm
Overview
DataPower Ventures invests in founders who are building at the cross-section of Applied AI or DeepTech. We back founders committed to building software products in the Data, ML, and AI ecosystems.
Highlights
Founded
2021
Industry
Venture Capital
Employees
1-10
Investment
31
Lead Investment
0
Exits
2
Stages
Seed, Early Stage Venture
Investor Type
Angel Group, Micro Vc, Syndicate, Venture Capital
Location
New York, New York, United States, North America
Contact Information
Social
Profile Resume
DataPower Ventures, established in 2021 and headquartered in New York, New York, United States, North America., specializes in Seed, Early Stage Venture investments across Software, Natural Language Processing, Artificial Intelligence (AI), Machine Learning, Generative AI, Financial Services, Venture Capital, Finance, Gaming, Video Streaming. The organization boasts a portfolio of 32 investments, with an average round size of $2.7M and 2 successful exits. Their recent investments include OpenAI, Thrive Capital, Grin Gaming, Vera, Weavy. The highest investment round they participated in was $1.5B. Among their most notable exits are OpenAI and Thrive Capital. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
DataPower Ventures has made 31 investments. Their most recent investment was on Jul 13, 2022, when Sumatra raised $1.5M.
DataPower Ventures has made 9 diversity investments. Their most recent diversity investment was on May 18, 2023, when Groopit raised $3.5M.
investments
31
Diversity investments
9
Lead investments
0
Number of exits
2
Investments
31
| Annouced Date | Organization Name | Industry | Money Raised |
|---|---|---|---|
| May 18, 2023 | Groopit | Software | 3.5M |
| Sep 07, 2023 | Vera | Information Technology | null |
| Feb 08, 2024 | Weavy | Developer Tools | null |
| Feb 16, 2024 | OpenAI | Software | null |
Exits
2
Funding Timeline
Funding rounds
31
Investors
0
Funds
0
Funding Rounds
31
DataPower Ventures has raised 31 rounds. Their latest funding was raised on Feb 16, 2024 from a Secondary Market - OpenAI round.
| Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
|---|---|---|---|---|
| May 18, 2023 | Seed Round - Groopit | - | 3.5M | - |
| Sep 07, 2023 | Seed Round - Vera | - | 0 | - |
| Feb 08, 2024 | Seed Round - Weavy | - | 0 | - |
| Feb 16, 2024 | Secondary Market - OpenAI | - | 0 | - |
Investors
0
There is no funding round available on this profile
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
| Annouced Date | Fund Name | Money Raised |
|---|---|---|
| May 10, 2013 | OTPPLESS | 1.0M |
| May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
There is no recent news or activity for this profile.