Omega Venture Partners Announces Record Growth

Omega Venture Partners Announces Record Growth Across its Portfolio Despite the Pandemic, Adding 1,500 New Tech Jobs

 

Silicon Valley’s leading investment firm focused on AI/ML sees portfolio companies growing at an average of 135 percent annually.

PALO ALTO, CALIF. OCTOBER 18, 2021

Omega Venture Partners today announced record-breaking growth of 135 percent across its portfolio. Despite the global impacts of the COVID-19 pandemic, companies that received investment and guidance from Omega Venture Partners surged during the past year, creating over 1,500 new jobs across the technology industry.

Based in Silicon Valley, Omega Venture Partners is a premier technology investment firm that invests in early-growth stage transformational intelligent software businesses—businesses that leverage artificial intelligence (AI), machine learning (ML), data, and automation to deliver transformative solutions that are orders-of-magnitude better for solving real problems in large industry verticals and business markets.

“Achieving a 135 percent growth spurt during a pandemic year is just the beginning,” said, Omega’s Managing Partner Gaurav Tewari. “By investing at the inflection point of a major platform evolution, Omega is capitalizing on the next pioneering innovation cycle catalyzed by AI, ML, automation, and digital transformation, and we project that our portfolio will continue growing over 100% through the end of 2021.”

Omega’s market-centric investment focus of investing in intelligent software businesses that solve major challenges with broad applicability and real ROI represents the sweet-spot of the AI market, because there is both widespread commercial demand and a compelling, demonstrable customer value proposition.

With venture-backed AI companies anticipated to create hundreds of billions of dollars of market cap, credible third parties view AI as the most promising area in technology investing for the foreseeable future.

Omega’s portfolio includes some of the most innovative and fastest growing companies in the intelligent software space, such as DataRobot, ZenBusiness, Otter.ai, Feedzai, and Language I/O. These and other companies in Omega’s portfolio are gaining significant customer traction and year-over-year growth in no small part due to Omega providing them with the market knowledge, domain expertise, commercialization channels, and strategic relationships needed for them to thrive.

“Omega’s robust network has been instrumental in enabling mission-critical hires and high-impact partnerships for our business,” said Ross Buhrdorf, CEO of ZenBusiness, Inc. “Omega’s acumen and expertise continues to play a crucial role in shaping the exceptional growth of our company.”

“As a rapidly growing, capital efficient business we had no shortage of prospective investors courting us. We specifically sought out Omega and Gaurav Tewari,” said Heather Schoemaker, Founder and CEO of Language I/O. “They truly understand what it takes to build and scale an AI-enabled business and their involvement has accelerated our growth.”

Omega also partners with preeminent authorities from MIT, combining deep domain expertise with a successful track record in technology investing. The fast-growing venture firm also relies upon a trusted network of operating leaders from Fortune 500 companies who augment deal access and sharpen investment outcomes.

 

About Omega Venture Partners

Omega Venture Partners is a premier technology investment firm headquartered in Silicon Valley. Omega invests in rapidly growing software businesses that leverage artificial intelligence (AI), machine learning (ML), data, and automation to deliver transformative solutions. The firm employs a thematic investment strategy to identify large market opportunities and invest in the next generation of category-defining companies.
Visit: https://www.omegavp.com/

 

 

Important Disclosures

These materials and the views expressed herein are intended for informational purposes only, and should not be used as or as a substitute for investment, financial, tax or other forms of advice or for any other purpose. These materials are not intended to act as an offer or solicitation for the purchase or sale of any financial instrument. Information referenced or used herein has been obtained from sources believed to be reliable but Omega does not warrant the completeness or accuracy of any third-party information. Past performance is not indicative of future results. Graphs and charts cannot be used in and of themselves to determine the advisability of investing in securities or the timing of the purchase or sale of any security.

These materials contain opinions and/or estimates of Omega and its personnel that constitute its and their perspectives as of the date of these materials and are subject to change without notice. The opinions contained in these materials do not take into account individual circumstances, objectives, or needs and are not intended as recommendations of particular securities, financial instruments, or strategies. The recipient of these materials must independently undertake its own diligence and thereafter make its own decisions regarding the advisability of any securities or financial instruments referenced herein.

Omega will not be responsible or have any liability for any injuries or damages of the recipient of these materials or any third party, including injuries or damages that may result from (i) the reliance of any person upon any information or opinion provided herein or (ii) any errors, inaccuracies, omissions in, or any other failure of, the data herein, from whatever cause. Omega shall not be liable for direct, indirect or incidental special or consequential damages resulting from the information contained herein and/or from any decision taken on the basis of such information, regardless of whether such damages were foreseeable. Some of the companies selected for inclusion in this report are held by investment vehicles or clients managed by Omega.