Thursday, July 13, 2023

OIf Venture fund to raise $75m to back ARR 10m plus companies

OIF team members David Shein, Jerry Stesel, Laurence Schwartz ,Geoff Levy, Isabella Rich,, David Cohen, Oliver Darwin , Anna Isipov and Keren Dorfan.

Founders from Go1, Instaclustr have backed OIF Ventures in their $75m raise for another opportunity fund.


This fund  is focussed on investing in  technology businesses that have more than $10 million in annual recurring revenue (ARR).


OIF investments include Go1 and Advanced Navigation - 


It’s previous funds have returned more than 3x to investors in cash, net of all fees, 

with eight major portfolio companies remaining including Go1, Advanced Navigation, Kasada, and Enboarder, 


In 2022 their exit from interclustr gave a  20x return, and in 2021 exited XM Cyber, EFTsure and 50 per cent of Assignar.


Other OIF investments include 

  • funeral industry disruptor Bare
  • online bridging loan fintech Bridgit
  • legal tech software provider Josef, and 
  • large-scale construction program dashboard Mastt

About OIf 

The mission at OIF is simple: to partner with exceptional founders, add material value to them and their businesses and to do our best to help them succeed. If they succeed, so too will our investors. 

  

They have high-conviction in the power of the founders and they back to build generational teams and businesses that set the standard globally and they strive  to be their partner of choice – 

  

As long-term partners and investors, they are  confident that exceptional founders will continue to launch exceptional businesses and that OIF Ventures will be in their corner every step of the way. 

  




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