Ensure Adequate Capital for Ohio Startups

VentureOhio’s number one goal is to ensure there is adequate capital available to support high-potential companies in Ohio. VentureOhio supports the creation of one or more Ohio-based fund-of-funds that prioritize the growth of early-stage companies.

Foster a Collaborative Statewide Entrepreneurial Ecosystem

VentureOhio will serve as a resource for Ohio's entrepreneurial community, and promote and facilitate collaboration between economic resources, universities, state resources, and entrepreneurs.

Tell Ohio’s Story

Ohio has the resources to foster great ideas and turn them into winning companies. Accessible mentors, a talented and loyal workforce, and innovative entrepreneurs creating lean startups make Ohio an ideal place to start and grow a company. VentureOhio is documenting Ohio's entrepreneurial success story and sharing with with a national audience.
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Falon Donohue

Falon Donohue

Mark Kvamme

Mark Kvamme


Mark is a co-founder and partner at Drive Capital. Before co-founding the Columbus-based VC firm, Mark was the Interim Chief Investment Officer and President of JobsOhio, a private, nonprofit corporation leading Ohio’s job creation efforts. Prior to JobsOhio, Mark was a partner at Silicon Valley-based Sequoia Capital for 12 years, where he led investments in Linkedin (LKND – NYSE), MarkLogic, Cast Iron (IBM), and FunnyOrDie.com. Prior to Sequoia, Mark was the Chairman and CEO of CKS Group (CKSG – NASDAQ) and a founding member of Apple France.

Rich Langdale

Rich Langdale

President and Capital Committee Chair

Rich is a co-founder and managing partner at NCT Ventures. Before co-founding the Columbus-based VC firm, Rich was the founder, CEO and Chairman of Digital Storage, Inc. and SubmitOrder.com and co-founder and lead investor of many other successful ventures. Rich has served on several nonprofit boards, and was a co-founder and developer of the Center for Entrepreneurship at The Ohio State University, where he served as a board member and taught undergraduate, MBA and Executive MBA courses on entrepreneurship.

Tony Shipley

Tony Shipley


Tony is a co-founder and chairman of Queen City Angels. Prior to founding the Cincinnati-based angel group, Tony was a serial entrepreneur, co-founding several companies and non-profit business development organizations.  Tony serves on several non-profit boards, including the Angel Capital Association. 

Will Indest

Will Indest


Will is a managing director at Draper Triangle Ventures.  Prior to his role at the midwest-based VC firm, Will implemented and ran the Ohio Third Frontier’s Central Ohio Entrepreneurial Signature Program at TechColumbus (now Rev1 Ventures) as CEO of Investments and VP of Venture Development. Will  has over 30 years of experience as an entrepreneur, CEO, startup advisor, and preseed/seed private equity manager.

Karl Elderkin

Karl Elderkin

Nominating and Governance Committee Chair

Karl is the founder and managing partner at Athenian Venture Partners. Before founding the Athens-based VC firm, Karl was co-head of the VC arm of Generics Group, PLC, an England-based technology consultancy, and prior to that, spent several years in engineering, manufacturing and capital investment management. Karl has led, co-led and participated in numerous IPOs and strategic acquisitions and serves on the board of directors of several early-stage companies including Manta Media, Prioria Robotics, and Sendio. 

Dan Fleming

Dan Fleming

Dan began his private equity career in 1996 and joined River Cities in 2001.  Upon the generational transition of River Cities, his partners elected him to assume leadership within the firm, and he is now President of the management company.

Full Board of Directors

From the Blog

What’s Going on Around the State?

February 16: Join JumpStart Inc. at Build a Stronger Startup: A Collaborative Q&A Session With Investors, Marketers and Business Experts, an evening of informal group Q&A sessions with investors, marketers […]

Ohio Funding News – February 2017

ViewRay Inc., a Cleveland company that makes an MRI-guided radiation therapy system, announced that it has raised about $26.1 million.   Wiretap, a Columbus cybersecurity startup, has raised $3 million […]

VentureOhio News and Views – February 2017

McKesson will acquire CoverMyMeds, a Columbus-based company that automates the prior authorization process for pharmacies, providers, payers and drugmakers for $1.1 billion. Check out what Falon Donohue and other tech […]

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