Las Olas Venture Capital

What Las Olas Venture Capital does

Las Olas Venture Capital is an early-stage venture capital firm founded in 2015-2016 and headquartered in Fort Lauderdale, Florida. The firm invests in B2B SaaS and Vertical AI companies located outside the West Coast, deliberately avoiding the Bay Area in favor of East Coast and broader US deal flow. The partnership is led by repeat founders Dean Hatton and Mark Volchek, supported by a small specialized team including GP Nate Vasel, Principal Scotty Lefkowitz, Platform Lead Zach Rubin, and Associates Elvia Perez and Carson Ortolani. The firm is positioned as a founder-led capital partner, with investments sourced through operator networks and a regional sourcing moat.

The firm operates a multi-fund strategy. Fund I was raised in 2020, Fund II closed at $50 million in April 2022, and Fund III was launched in 2025. The typical check size is $1.5M-$3M, with 4-6 new investments per year and a target of 15-20 companies per fund. The active portfolio includes 20+ companies such as OneRail, BusRight, Paccurate, Tristar AI, City Detect, Annie, VetVerifi, BITE Data, Aircon, AvoMD, and Protiv, alongside 9 former portfolio companies. The firm's most significant position is OneRail, in which LOVC participated in a $42M Series C in November 2024 and which announced a FedEx partnership in March 2026.

LOVC's business model is standard early-stage venture: it earns 2% management fees on committed capital across successive funds, with the primary economic upside coming from carried interest on successful exits. It supports portfolio companies through a platform that includes founder resources via GetProven, a CEO Summit, an LP portal on Juniper Square, and event coordination via Luma. The firm does not develop proprietary technology; its competitive position is built on operator-investor talent, regional distribution, and a defensible "SaaS + Vertical AI" thematic point of view.

Name

Las Olas Venture Capital

Legal name

Las Olas Venture Capital

Website

https://lasolasvc.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Las Olas Venture Capital is an early-stage venture capital firm based in Fort Lauderdale that invests in B2B SaaS and Vertical AI companies outside the West Coast, deploying $1.5M-$3M checks from its multi-fund strategy into roughly four to six startups per year.

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Early-Stage Venture Capital (Series A/B) (FSANAAAB)

Keywords

• Early-stage venture capital
• Seed-stage funding
• B2B software investing
• Vertical AI investing
• Enterprise software funds

Headquarters

HQ city

Fort Lauderdale

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Fund management fees & carry: Las Olas Venture Capital generates revenue through traditional VC fund economics — management fees on committed capital across Fund I and Fund II ($50M Fund II closed April 2022), plus carried interest on fund returns. Capital is recycled across multiple funds, with Fund III referenced for Aircon (2025 Seed).

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Core offering

Las Olas Venture Capital (LOVC) is an early-stage venture capital firm that leads and co-leads Seed rounds of $1.5M–$3M in B2B SaaS and Vertical AI companies based outside the West Coast, with 4–6 new investments per year and meaningful reserves for follow-on participation. The firm manages a series of limited-partnership funds (Fund I, the $50M Fund II closed in April 2022, and an active Fund III in 2025) and wraps the funds with operator-led portfolio support, an annual CEO Summit community program, a Juniper Square investor portal, and a GetProven-hosted founder resources marketplace.

Product overview

Las Olas Venture Capital (LOVC) is a single-platform venture capital firm rather than a software product company, offering investors a portfolio of limited partnership funds and portfolio founders an integrated support ecosystem. Its core offering is the LOVC venture fund series (Fund I launched 2020 with OneRail as a flagship seed, Fund II closed at $50M in April 2022, and Fund III active by 2025), all targeting early-stage B2B SaaS and Vertical AI companies outside the West Coast with average seed checks of $1.5-$3M and 4-6 investments per year. Wrapping the funds are three additional offerings: the LOVC Investor Portal (powered by Juniper Square) for LP reporting, the LOVC Founder Resources marketplace (powered by GetProven) for portfolio vendor access, and the LOVC Insights blog and annual CEO Summit community program that deliver content and events such as the OneRail-FedEx partnership announcement. Together the funds, portal, founder resources, and community events form the unified "Founders-Turned Investors Backing the Next Generation of Enterprise Software" offering rather than separate standalone products.

Differentiator

Problem solved

Functional benefit

Products and services

• LOVC Fund I LOVC's first institutional venture fund, backing early-stage B2B enterprise software companies based outside the West Coast, with OneRail as a flagship seed investment (2020).
• LOVC Fund II $50M early-stage venture fund closed in April 2022, used to lead seed rounds of $1.5M-$3M with reserved follow-on capital. Targets vertical software, knowledge worker tools, and software-enabled marketplaces; expected to add 15-20 portfolio companies.
• LOVC Fund III Third LOVC venture fund, active by 2025, continuing the firm's strategy of leading early-stage enterprise software and AI investments in SaaS + Vertical AI, including the Aircon Seed co-led with Blumberg Capital.
• LOVC Investor Portal External investor login and reporting portal hosted on Juniper Square (app.junipersquare.com/i/lasolasvc) that gives limited partners access to fund and portfolio updates, capital calls, and documents.
• LOVC Founder Resources External vendor directory hosted at lovc.getproven.com that directs portfolio founders to vetted service providers for building and scaling their companies.
• LOVC CEO Summit Annual invitation-only event (held in Fort Lauderdale) that brings together portfolio founders and CEOs for workshops, speaker sessions, and roundtables; ongoing community platform supporting LOVC portfolio engagement.

Quantifiable outcome

• $50M Fund II raised in April 2022
• +6 more outcomes

Named customers22 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

Two partnerships are on record, tiered strategic relationship with portfolio company onerail - flagship commercial partnership and flagship portfolio company with strategic platform partnership.

• FedExstrategic relationship with portfolio company onerail - flagship commercial partnershipStrategic or Co-development Partner · 25 March 2026FedEx partnered with LOVC portfolio company OneRail on the launch of FedEx SameDay® Local, a new service bringing time-definite and same-day delivery to merchants. FedEx provides brand and distribution; OneRail provides AI-native orchestration technology that intelligently matches fulfillment and delivery decisions in real time. The white-labeled solution allows retailers to maintain control of customer relationships while leveraging FedEx's network.
• OneRailflagship portfolio company with strategic platform partnershipStrategic or Co-development Partner · 1 January 2020OneRail offers a final-mile delivery orchestration platform that seamlessly integrates merchant demand signals with delivery networks and private fleets.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Blumberg Capital: Early-stage venture firm investing in B2B/enterprise software and AI startups. Blumberg co-led Aircon's $5M Seed with LOVC and is a frequent co-investor across seed rounds, making it the most directly comparable peer in stage, sector, and deal syndication.
• Lightbank: Chicago-based seed and early-stage VC focused on enterprise software, marketplaces, and frontier tech. Lightbank co-led Protiv's $2.4M pre-seed with LOVC and operates in the same seed-check range and Eastern/Midwestern geography, with a similar operator-led investing style.
• Noro-Moseley Partners: Atlanta-based early- and growth-stage VC focused on B2B SaaS and healthcare technology. Noro-Moseley led AvoMD's $10M Series A with LOVC participating, and is highly comparable in geography (Southeast U.S.) and sector (enterprise software, vertical SaaS).
• Chicago Ventures: Early-stage VC based in Chicago investing in B2B SaaS, fintech, and digital health across the Midwest. Chicago Ventures co-led Annie's $4M Seed with LOVC, sharing both the seed-stage focus and the Eastern/Midwestern non-West-Coast geographic thesis.
• BIP Ventures (formerly Atlanta Seed Company): Southeast- and nationwide-focused early-stage VC investing in B2B SaaS, fintech, and healthtech. BIP Ventures co-invested with LOVC in City Detect's seed round, making it a directly comparable peer in stage, sector, and regional thesis.
• Tech Square Ventures: Atlanta-based seed-stage fund affiliated with Georgia Tech, investing in enterprise software and deep tech. Tech Square Ventures co-invested with LOVC in Paccurate's $3.5M seed, sharing the B2B software, seed-stage, and Southeast U.S. focus.
• Underscore VC: Boston-based early-stage VC investing in B2B SaaS, open source, and developer tools. Underscore VC co-invested with LOVC in BusRight's $7M Seed+ and Aircon's $5M Seed, making it comparable in stage, sector, and East Coast geography.
• Mercury Fund: Houston-based early-stage VC focused on B2B SaaS, AI, and digital health, primarily investing in Texas and the broader South-Central U.S. Mercury Fund is directly comparable to LOVC in seed-stage enterprise software focus and non-West Coast geographic thesis.
• Grotech Ventures: Maryland-based early-stage VC investing in enterprise software, cybersecurity, and digital health. Grotech co-invested with LOVC in EcoMap's $3.5M seed, sharing both the seed-stage B2B focus and the Eastern U.S. geographic specialization.

Broad incumbents

• Revolution's Rise of the Rest: Steve Case's seed-stage fund investing in technology startups outside of Silicon Valley, including B2B SaaS. While larger in scope and brand, Rise of the Rest shares LOVC's explicit "outside the West Coast" thesis and is the most prominent comparable in geographic differentiation.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/lasolasvc
• LinkedInlinkedin.com/company/lasolasvc

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments72 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Las Olas Venture Capital