Austin Ventures (AV) is a private equity firm focused on venture capital and growth equity investments in business services and supply chain, financial services, new media, Internet, and information services companies nationally with a focus on Texas.
[2] The firm, which is based in Austin, Texas,[3] was founded in 1984.
[1] AV has raised approximately $3.9 billion since inception across ten private equity funds.
[4] For decades, Austin Ventures was the largest and most powerful venture capital firm in Texas.
However by 2015, the firm declined as its general partners took a different direction to focus on buyouts instead.