Strive Capital

Strive Capital is a venture capital firm founded in 2011, with its first investment made in 2010, that says it pioneered the use of quantitative and technology-based methods for deal sourcing and due diligence, becoming the first quant-focused VC firm in Silicon Valley. Its first fund focused on the mobile app economy, while its second broadened into consumer software and enterprise SaaS. The firm states that it is no longer making new investments, though it says its approach continues through a firm called Chamaeleon. Strive describes its team as looking for entrepreneurs who have already achieved traction and delighted early users, assessing adoption, retention, engagement and sentiment alongside team, vision and business model. Its main office is in San Francisco, though it says it invests in companies across the United States and into Asia, typically as a first institutional investor supporting companies through to further funding rounds and exit.