Austin, Texas — based venture capital firm ATX Seed Ventures announced the renaming to ATX Venture Partners.
The firm will continue to focus on early-stage venture capital investments in Texas and the broader South-Central U.S. technology landscape.
Led by Chris Shonk, Managing Partner, along with Partners and Co-Founders Brad Bentz and Danielle Allen, ATX Venture Partners recently closed its second fund which aims to back new high-growth technology companies and make follow-on investments in current portfolio companies.
ATX Venture Partners’ seed and Series A investments focus on software-as-a-service, IoT, e-commerce, AI, frontier commercial technologies and mobile applications.
The firm has more than $60m in assets under management and has invested in 26 companies since its founding in 2014, including Alert Media, Bractlet, monoDrive, SourceDay, GoCo, LIFT Aircraft, Pensa Systems, QuotaPath and Slingshot Aerospace.
In addition to the rebranding, the firm has also added veteran investor Stephen Gray as strategic partner. Gray will oversee capital development and investor relations.
He has more than 40 years in the financial sector, having served eight years as partner at VantagePoint Capital where he Partner, Investor Relations. Prior to VantagePoint, Gray was the Managing Director and Global Head of the Fund Placement Group at Jefferies & Co. He was a Founder/Director at Gateway Global Partners Limited, a venture capital firm in Cambridge, UK and a Managing Director and Head of Private Equity at Salomon Smith Barney, where he focused on fundraising and early-stage equity.
FinSMEs
18/03/2019