AP NEWS
Click to copy
Press release content from Business Wire. The AP news staff was not involved in its creation.
Click to copy
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

LiveOak Venture Partners Adds David Stewart to Investment Team

September 11, 2019

AUSTIN, Texas--(BUSINESS WIRE)--Sep 11, 2019--

LiveOak Venture Partners, an early-stage venture capital firm based in Austin, Texas, is pleased to announce the addition of David Stewart as Venture Partner. David will focus on sourcing and evaluating investment opportunities, as well as providing strategic guidance to LiveOak’s portfolio companies. David is the sixth member of the firm’s investment team, working closely with the firm’s three Founding Partners, Principal, and Senior Associate.

David has been an investor and advisor to over 30 software companies, both independently and in conjunction with other firms, most recently Trinity Ventures, and has over a decade of operating experience in Silicon Valley. Prior to working with Trinity Ventures, David was Chief Business Officer at Turo, which he joined when it acquired SocialStudio, a software company he founded. He brings deep domain expertise in product management, stemming from his experience as VP Product at Yammer; Senior Director of Growth at Playdom; and in product marketing and management roles at YouTube and Google. He began his career at the Boston Consulting Group and holds an MBA and BA with distinction from Yale University.

“As I’ve gotten to know the Texas tech scene, I was immediately drawn to LiveOak’s reputation as the leading early-stage investor in the market,” says Stewart. “After working together on several deals, I was impressed with the rigor and passion LiveOak brings to its work. I’m excited to join the team and support the Texas entrepreneurial ecosystem.”

“Having collaborated with David over the last year on several local seed and early-stage deals, we recognized that he would bring a dynamic, new perspective to our investment team,” said Krishna Srinivasan, Founding Partner at LiveOak. “His expertise as an entrepreneur, operator and investor with leading companies from the Bay Area ideally complements our strategy to build world-class, category leaders out of Texas. We are excited to bring him on board as a key asset for our firm.”

About LiveOak Venture Partners

LiveOak Venture Partners is a venture capital fund based in Austin, Texas, founded by Ben Scott, Krishna Srinivasan and Venu Shamapant. With 20 years of successful venture investing in Texas, the founders of LiveOak have helped create nearly $2 billion of enterprise value. While almost all of LiveOak’s investments begin in the early stages, LiveOak is a full life cycle investor focused on helping create category leading technology and technology-enabled service companies based in Texas. LiveOak Venture Partners has been the lead investor in exciting high-growth Texas-based companies such as CS Disco, Digital Pharmacist, OJO Labs, Opcity, and TrustRadius.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190911005186/en/

CONTACT: Mayra Del Bello

Marketing & Business Development Associate

mayra@liveoakvp.com

512-498-4909

KEYWORD: TEXAS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: FINANCE CONSULTING ACCOUNTING PROFESSIONAL SERVICES

SOURCE: LiveOak Venture Partners

Copyright Business Wire 2019.

PUB: 09/11/2019 08:00 AM/DISC: 09/11/2019 08:01 AM

http://www.businesswire.com/news/home/20190911005186/en

All contents © copyright 2019 The Associated Press. All rights reserved.