Drummond Road Capital

This venture capital firm invests in Private Equity, Venture Capital, and other direct investments, offering diversified commingled asset pools for investors.

ActiveVenture Capital

Updated: Dec 5, 2025 ·

About

Drummond Road Capital is the manager of Clarion Direct Investment a investment partnership investing in Private Equity, Venture Capital and other direct investments. Through Drummond Road, Mr. Wheeler also serves as the Chief Investment Officer of Clarion Capital LLC. Clarion Capital is a diverse investment partnership that maintains commingled asset pools designed to allow an investor to maintain proper asset allocations and diversification across all asset classes.

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Sep 1, 2023	Mentra	$4.0M Seed	—	9Yards Capital, Acrew Capital, Brewer Lane Ventures, C2 Investment, Coatue, Collaborative Seed & Growth Partners, DNX Ventures, eFounders, Electric Capital, Energize Ventures, Felicis Ventures, FirstMark Capital, First Round Capital, Greylock, Highbury Group, Index Ventures, LGF, Lightspeed Venture Partners, LombardStreet Ventures, Long Journey Ventures, New Stack Ventures, Operator Collective, Otherwise Fund, Sarah Smith Fund, Sherpalo Ventures, Shine Capital, The Hit Forge, Third Kind Ventures, Andrew Jones, Christian Reber, Elad Gil, J.D. Fagan, JD Ross, Karim Atiyeh, Matt Macinnis, Mike Vernal, Sam Corcos, Scott Belsky, Steven Alan, Thibaud Elziere
Jan 1, 2023	Terrantic	$2.0M Seed	—	Array Ventures, Jason Lemkin
Dec 1, 2021	Airbyte	$150.0M Series B	—	Accel, Afore Capital, AirAngels, Benchmark, Brewer Lane Ventures, C2 Investment, Chapter One Ventures, Coatue, Collaborative Seed & Growth Partners, Contrary Capital, DNX Ventures, eFounders, Electric Capital, Felicis Ventures, First Round Capital, Highbury Group, Index Ventures, LGF, LombardStreet Ventures, New Stack Ventures, NextGen Venture Partners, Otherwise Fund, Pioneer Fund, Sapphire Ventures, Sherpalo Ventures, Shine Capital, South Park Commons, The Hit Forge, Third Kind Ventures, Y Combinator, Alex Adelman, Amber Feng, Christian Reber, Dylan Field, Elad Gil, J.D. Fagan, Jeff Morris, Kevin Lin, Matt Macinnis, Mike Vernal, Scott Belsky, Thibaud Elziere, William Hockey
Jan 1, 2021	Xplore	$9.0M Seed	—	Brewer Lane Ventures, C2 Investment, Coatue, Collaborative Seed & Growth Partners, DNX Ventures, eFounders, Electric Capital, Felicis Ventures, First Round Capital, Highbury Group, Index Ventures, LGF, LombardStreet Ventures, New Stack Ventures, Otherwise Fund, Sherpalo Ventures, Shine Capital, The Hit Forge, Third Kind Ventures, Christian Reber, Elad Gil, J.D. Fagan, Matt Macinnis, Mike Vernal, Scott Belsky, Thibaud Elziere
Nov 1, 2020	Mapistry	$1.0M Seed	—	Alt Capital, Array Ventures, Earl Grey Capital, Floodgate, Gradient Ventures, Nonlinear, Operator Ventures, Pareto Holdings, Tucker Seed Fund LLC, Bradley Horowitz, Dennis Crowley, Jason Lemkin, Joshua Reeves, Leore Avidar, Moshe Lifschitz, Zack Kanter
Oct 1, 2020	Lightning AI	$15.0M Series A	—	Brewer Lane Ventures, C2 Investment, Coatue, Collaborative Seed & Growth Partners, DNX Ventures, eFounders, Electric Capital, Felicis Ventures, First Round Capital, Highbury Group, Index Ventures, LGF, LombardStreet Ventures, New Stack Ventures, Otherwise Fund, Sherpalo Ventures, Shine Capital, The Hit Forge, Third Kind Ventures, Christian Reber, Elad Gil, J.D. Fagan, Matt Macinnis, Mike Vernal, Scott Belsky, Thibaud Elziere
Aug 1, 2020	Tetra Insights	$2.0M Seed	—	Active Capital, Amplify Partners, Bain Capital Ventures, Matt Ocko, Matchstick Ventures, MetaProp Ventures, Paradigm, Pear VC, Signal Peak Ventures, Streamlined Ventures, Techstars, XG Ventures, Jared Kopf
Aug 1, 2020	Klima	$6.0M Seed	—	Bowery Capital, Brewer Lane Ventures, C2 Investment, Cherry Ventures, Coatue, Collaborative Seed & Growth Partners, DNX Ventures, eFounders, Electric Capital, Felicis Ventures, First Round Capital, Jonathan Becker, Headline (formerly e.ventures), Highbury Group, Index Ventures, LGF, LombardStreet Ventures, New Stack Ventures, Otherwise Fund, Point Nine Capital, Sherpalo Ventures, Shine Capital, Target Global, The Hit Forge, Third Kind Ventures, Chris Schagen, Elad Gil, J.D. Fagan, Jeremy Yap, Matt Macinnis, Mike Vernal, Philipp Freise, Scott Belsky, Thibaud Elziere, Tobias Balling
Jul 1, 2020	Abacus.AI	$13.0M Series A	—	468 Capital, Adverb Ventures, Alkeon Capital, Altimeter Capital, AME Cloud Ventures, Chloe Sladden, Benchmark, Bono, Brewer Lane Ventures, C2 Investment, Caffeinated Capital, Cedar Capital Group, CMFG Ventures, Coatue, Collaborative Seed & Growth Partners, Decibel Partners, DNX Ventures, eFounders, Electric Capital, Felicis Ventures, FirstMark Capital, First Round Capital, Footwork, General Catalyst, Hanabi Capital, Hardware Club, Heretic Ventures, Highbury Group, Index Ventures, Innovation Endeavors, InterWest, Kindred Ventures, LGF, LombardStreet Ventures, Moxxie Ventures, Tony Florence, New Stack Ventures, Operator Collective, Otherwise Fund, Quiet Capital, Redpoint Ventures, SciFi VC, Sequoia Capital, Sequoia Capital China, Sherpalo Ventures, Shine Capital, South Park Commons, The Hit Forge, Third Kind Ventures, Work-Bench, Y Combinator, Aaron Levie, Ben Davenport, Bill Tai, Christian Reber, Drew Houston, Elad Gil, Evan Williams, J.D. Fagan, Jeff Bezos, Julia Hartz, Matt Macinnis, Mike Vernal, Moisey Uretsky, Scott Belsky, Thibaud Elziere, Yan-David Erlich
Jul 1, 2020	Hummingbird	$8.0M Series A	—	Altari Ventures, Brewer Lane Ventures, C2 Investment, Coatue, Collaborative Seed & Growth Partners, DNX Ventures, eFounders, Electric Capital, Felicis Ventures, First Round Capital, Flourish Ventures, Grace Beauty Capital, Harrison Metal, Highbury Group, Homebrew, Index Ventures, LGF, LombardStreet Ventures, New Stack Ventures, Otherwise Fund, Sherpalo Ventures, Shine Capital, The Hit Forge, Third Kind Ventures, Rick Lewis, Christian Reber, Elad Gil, J.D. Fagan, Matt Macinnis, Mike Vernal, Scott Belsky, Thibaud Elziere
Jun 1, 2020	Atmos	$2.0M Seed	—	01 Advisors, 10100, 20VC, 8VC, Accel, Afore Capital, Alex, Alumni Ventures, Audacious Ventures, Avanta Ventures, Awesome People Ventures, Backend Capital, Basecamp Fund, Better Tomorrow Ventures, Bora&Sons, Brewer Lane Ventures, C2 Investment, Chemistry VC, Coatue, Collaborative Seed & Growth Partners, Commerce Ventures, Convective Capital, Daffy, DNX Ventures, eFounders, Electric Capital, Felicis Ventures, FirstMark Capital, First Round Capital, Flourish Ventures, Flucas Ventures, Footwork, Founders Fund, Geodesic Capital, Goat Capital, Gradient Ventures, Christian Leybold, Hercules Capital, Highbury Group, Index Ventures, Infinite Niches, Intuition Capital, JLL Spark, Kima Ventures, L Catterton Growth, LGF, Ligature, Lobby Capital, LombardStreet Ventures, Matrix, Menlo Ventures, Moxxie Ventures, Ed Mathers, New Stack Ventures, NextView Ventures, NFX, Otherwise Fund, Pear VC, Picus Capital, Prototype Capital, QED Investors, Ravelin Capital, Redpoint Ventures, Runway Growth Capital, Sandalphon Capital, Scribble Ventures, Script Capital, Serena Ventures, Sherpalo Ventures, Shine Capital, Shrug Capital, SignalFire, Sound Ventures, South Park Commons, Stellation Capital, SV Angel, The Hit Forge, Third Kind Ventures, Tusk Venture Partners, Underscore VC, Vibe Capital, Vouch Insurance, Weekend Fund, WorkLife Ventures, Y Combinator, Adam D'Angelo, Alper Kiresepi, Anna Patterson, Chad Nitschke, Christian Reber, Drew Houston, Dylan Field, Elad Gil, Emmett Shear, Eric Wu, Francisco Larrain, Greg Brockman, Howard Charney, Ian Hogarth, James Beshara, J.D. Fagan, Jesse Leimgruber, Joe Greenstein, John M. Mueller, Jonathan Gheller, Julie Zhuo, Kevin Weil, Kyle Vogt, Marissa Mayer, Matt Gibstein, Matt Macinnis, Mike Krieger, Mike Vernal, Moshe Lifschitz, Paul Yacoubian, Peter Hunn, Rudra Peram, Sahin Boydas, Sam Altman, Scott Belsky, Steve Schlafman, Sung ho Choi, Thibaud Elziere, Tikhon Bernstam, Trevor Blackwell, Tyler Willis, Yagiz Sozmen, Zach Segal
Jun 1, 2020	RenoFi	$6.0M Series A	—	Brewer Lane Ventures, C2 Investment, Canaan Partners, Coatue, Collaborative Seed & Growth Partners, Comcast Ventures, DNX Ventures, eFounders, Electric Capital, Felicis Ventures, First Round Capital, Highbury Group, Index Ventures, LGF, LombardStreet Ventures, MTech Capital, New Stack Ventures, Otherwise Fund, Sequoia Capital, Sherpalo Ventures, Shine Capital, SOSV, The Hit Forge, Third Kind Ventures, Tola Capital, Christian Reber, Elad Gil, J.D. Fagan, Matt Macinnis, Mike Vernal, Scott Belsky, Thibaud Elziere, Thompson Hutton (Thompson Hutton)
May 1, 2020	Treasury Prime	$9.0M Series A	—	Ankona Capital, Array Ventures, Benchmark, Deep Fork Capital, GSR Ventures, High Alpha, Hustle Fund, Kindred Ventures, Matrix, Nyca Partners, Pareto Holdings, Pelion Venture Partners, QED Investors, Ulu Ventures, Karim Atiyeh, Louis Beryl
Apr 1, 2020	Everee	$10.0M Series A	—	Active Capital, Amplify Partners, Army Venture Capital Corp., Bain Capital Ventures, Matt Ocko, Hoxton Ventures, KCRise Fund, Matchstick Ventures, MetaProp Ventures, Montage Ventures, Origin Ventures, Paradigm, Pear VC, Rainfall Ventures, Revolution, Signal Peak Ventures, Silicon Badia, Streamlined Ventures, Techstars, Telescope Partners, The Community Fund, TNT Venture, Tribe Capital, XG Ventures, Elad Kushnir, Jacob Chapman, Jared Kopf
Dec 1, 2019	RenoFi	$750K Seed	—	Brewer Lane Ventures, C2 Investment, Coatue, Collaborative Seed & Growth Partners, DNX Ventures, eFounders, Electric Capital, Felicis Ventures, First Round Capital, Highbury Group, Index Ventures, LGF, LombardStreet Ventures, New Stack Ventures, Otherwise Fund, Sherpalo Ventures, Shine Capital, The Hit Forge, Third Kind Ventures, Christian Reber, Elad Gil, J.D. Fagan, Matt Macinnis, Mike Vernal, Scott Belsky, Thibaud Elziere
Nov 1, 2019	Digits	$11.0M Series A	—	01 Advisors, 11k Ventures, 20VC, 468 Capital, 8VC, 9Yards Capital, Kevin Hartz, Accomplice VC, ACME Capital, Adverb Ventures, Airtree Ventures, Altimeter Capital, Amity Ventures, Amplify.LA, Andreessen Horowitz, Chloe Sladden, Jana Messerschmidt, #ANGELS (Hashtag ANGELS), Atomico, Audrey Capital, Axiom Partners, Bain Capital Ventures, Ballistic Ventures, Bam Ventures, B Capital Group, Benchmark, Bessemer Venture Partners, Better Tomorrow Ventures, BITKRAFT Ventures, Boston Seed Capital, BoxGroup, Brewer Lane Ventures, Broadway Angels, C2 Investment, Canaan Partners, Cedar Capital Group, Coatue, Collaborative Seed & Growth Partners, Color Capital, Convective Capital, Conviction Partners, Coughdrop Capital, Craft Ventures, Crosscut Ventures, Crossover, CRV, Cubit Capital, Daft Capital, Dispersion Capital, DNX Ventures, Drive Capital, DST Global, E1 Ventures, eFounders, Electric Capital, Elefund, Ensemble VC, Entrada Ventures, FabFitFun, Felicis Ventures, Felix Capital, Fika Ventures, FirstMark Capital, First Round Capital, Flex Capital, Flybridge Capital Partners, Forerunner Ventures, Founder Collective, Founders Fund, FPV Fund, Fuel Capital, Fusion Fund, General Catalyst, Goat Capital, Good Growth Capital, Hanabi Capital, Highbury Group, Hyperplane, Index Ventures, Infinite Niches, Innovent Capital Group, Insight Partners, Inspired Capital, Invariantes Fund, IVP, Jetstream, Jigsaw VC, Juxtapose Capital, K9 Ventures, Kima Ventures, LGF, Laurence Jones, Locus Ventures, LombardStreet Ventures, Long Journey Ventures, Lux Capital, M13, MaC Venture Capital, Matrix, Menlo Ventures, MetaProp Ventures, Mindful Venture Capital, MissionOG, Monarch Collective, Moonshots Capital, Moxxie Ventures, MS&AD Ventures, Jeff Immelt, Vanessa Larco, New Stack Ventures, NewView Capital, NextGen Venture Partners, Next Play Ventures, OCA Ventures, Otherwise Fund, Oyster Ventures, Pareto Holdings, Pelion Venture Partners, Pillar VC, Pioneer Fund, Polaris Partners, Primary Venture Partners, Prime Movers Lab, Propeller VC, Quiet Capital, Rainfall Ventures, Redpoint Ventures, Sapphire Ventures, SciFi VC, Sequoia Capital, Sherpalo Ventures, Shine Capital, SignalFire, Sinai Ventures, Spero Ventures, StartHer, Susa Ventures, TBD Angels, Techstars, The Hit Forge, Third Kind Ventures, Thirty Five Ventures, Todd and Rahul's Angel Fund, Trajectory Ventures, Transformation Capital, Tribe Capital, TSVC Capital, Union Square Ventures, Rick Lewis, Village Global, Vine Ventures LP, VitalStage Ventures, Willow Growth Partners LP, WndrCo LLC, Work-Bench, Y Combinator, YOBE Ventures, Aaron Levie, Adrian Aoun, Allen Gannett, Andre Iguodala, Armando Mann, Bradley Horowitz, Brian Corrigan, Charlie Cheever, Christian Reber, Dave Balter, David Cancel, David Chang, David Lieb, Drew Houston, Elad Gil, Emil Lee, Emmett Shear, Eric Wu, Errol Damelin, Gokul Rajaram, Grant Miller, Greg Brockman, Halle Tecco, Heather Fernandez, Jaime Schmidt, James Beshara, Jason Robins, J.D. Fagan, Jeffrey Lee, Jeff Seibert, Jennifer Lum, Joe Greenstein, Joe White, John Kobs, Jonathan Swanson, Jon Brelig, Joshua Reeves, Joshua Schachter, Joshua Webster, Julia Hartz, Kevin Lin, Kevin Weil, Kyle Vogt, Louis Beryl, Marissa Mayer, Mark Cuban, Matt Macinnis, Merlin Kauffman, Michael Ryan Dubin, Mike Vernal, Moisey Uretsky, Natasha Ahmed, Paul Holland, Ric Fulop, Robin Klein, Rob May, Russell Cook, Ryan Shea, Sahin Boydas, Sam Altman, Scott Banister, Scott Belsky, Shervin Pishevar, Stewart Butterfield, Suhail Doshi, Susan Kimberlin, Thibaud Elziere, Thomas Tull, Tikhon Bernstam, Todd Corenson, Tom Blomfield, Tom McInerney, Tom Williams, Trevor Blackwell, Vivek Garipalli, Vivek Patel, Warren Shaeffer, Wayne Chang, Zachary Hargreaves
Aug 1, 2019	Branch	$130.0M Series E	—	Brewer Lane Ventures, C2 Investment, Coatue, Collaborative Seed & Growth Partners, DNX Ventures, eFounders, Electric Capital, Felicis Ventures, First Round Capital, Highbury Group, Index Ventures, LGF, LombardStreet Ventures, New Stack Ventures, Otherwise Fund, Sherpalo Ventures, Shine Capital, The Hit Forge, Third Kind Ventures, Christian Reber, Elad Gil, J.D. Fagan, Matt Macinnis, Mike Vernal, Scott Belsky, Thibaud Elziere
Aug 1, 2019	Obie	$3.0M Seed	—	Alt Capital, Antler, Autopilot Fund, Blockchain Founders Fund, Brewer Lane Ventures, C2 Investment, Castle Island Ventures, Champion Hill Labs, Coatue, Collaborative Seed & Growth Partners, Convective Capital, DNX Ventures, eFounders, Electric Capital, Felicis Ventures, First Round Capital, Mathias Schilling, Highbury Group, Index Ventures, Jude Gomila Rolling Fund, Lakehouse Ventures, LGF, LombardStreet Ventures, Matrix, New Stack Ventures, Otherwise Fund, Quiet Capital, Sherpalo Ventures, Shine Capital, The Hit Forge, Third Kind Ventures, Wild Ventures, Ben Tossell, Brandon Goldman, Christian Reber, Elad Gil, Francis Pedraza, J.D. Fagan, Jeff Seibert, Jonathan Swanson, Mike Vernal, Scott Belsky, Thibaud Elziere, Wayne Chang
Jul 1, 2019	Altitude Networks	$9.0M Series A	—	Brewer Lane Ventures, C2 Investment, Coatue, Collaborative Seed & Growth Partners, CRV, DNX Ventures, eFounders, Electric Capital, Felicis Ventures, First Round Capital, Harrison Metal, Highbury Group, Index Ventures, LGF, LombardStreet Ventures, New Stack Ventures, O'Reilly AlphaTech Ventures, Otherwise Fund, Sherpalo Ventures, Shine Capital, The Hit Forge, Third Kind Ventures, Bob Pasker, Christian Reber, Elad Gil, J.D. Fagan, Matt Macinnis, Mike Vernal, Scott Belsky, Thibaud Elziere
Jun 1, 2019	Abacus.AI	$5.0M Seed	—	Acrew Capital, Archetype, Brewer Lane Ventures, C2 Investment, Canaan Partners, Coatue, Collaborative Seed & Growth Partners, DNX Ventures, eFounders, Electric Capital, Felicis Ventures, First Round Capital, Founders Fund, General Catalyst, Greycroft, Krishna Yeshwant, Hack VC, Mathias Schilling, Highbury Group, Index Ventures, Innovation Endeavors, InterWest, LGF, LombardStreet Ventures, Tony Florence, New Stack Ventures, One Planet Group, Otherwise Fund, Paradigm, Polychain Capital, Scalar Capital, Sherpalo Ventures, Shine Capital, The Hit Forge, Third Kind Ventures, Y Combinator, Andreas Hadjitofi, Andrew Keys, Christian Reber, Cynthia Ringo, Elad Gil, Evan Williams, J.D. Fagan, Jeff Bezos, Justin Mateen, Louis Beryl, Matt Macinnis, Matt Mickiewicz, Mike Vernal, Paul Graham, Scott Belsky, Thibaud Elziere
May 1, 2018	Workframe	$10.0M Series B	—	Active Capital, Amplify Partners, Bain Capital Ventures, BITKRAFT Ventures, Brighter Capital, Matt Ocko, Electric Capital, Ethereal Ventures, Hartmann Capital, Matchstick Ventures, Mercury Fund, MetaProp Ventures, New Age Ventures, Paradigm, Pear VC, Polygon, Signal Peak Ventures, Streamlined Ventures, Techstars, Third Prime, XG Ventures, Jared Kopf, Jutta Steiner, Matias Woloski, Maya Zehavi, Scott Belsky, Teck Chia
May 1, 2018	Mapistry	$3.0M Seed	—	8-Bit Capital, Alt Capital, Array Ventures, Creandum, Earl Grey Capital, Floodgate, Gradient Ventures, Harrison Metal, Ligature, Nonlinear, Operator Ventures, Otherwise Fund, Pareto Holdings, Sherpalo Ventures, Tucker Seed Fund LLC, Zetta Venture Partners, Alexander Ljung, Bradley Horowitz, Dennis Crowley, Eric Quidenus-Wahlforss, Eric Ries, Jason Lemkin, Joshua Reeves, Leore Avidar, Matt Macinnis, Moshe Lifschitz, Zack Kanter
Apr 1, 2018	Vanta	$3.0M Seed	—	Adverb Ventures, Alate Partners, #ANGELS (Hashtag ANGELS), Blockchain Capital, Brewer Lane Ventures, C2 Investment, Coatue, Collaborative Seed & Growth Partners, Craft Ventures, CRV, Delta Blockchain Fund, DNX Ventures, eFounders, Electric Capital, Felicis Ventures, First Round Capital, Goat Capital, Goldcrest Capital, Greycroft, Highbury Group, Hoxton Ventures, Index Ventures, KKR, LGF, LombardStreet Ventures, M13, MATH Venture Partners, New Stack Ventures, Otherwise Fund, Relay Ventures, Sequoia Capital, Sherpalo Ventures, Shine Capital, Spark Capital, The Hit Forge, Third Kind Ventures, Tusk Venture Partners, Visionaire Ventures, Christian Reber, Elad Gil, Ellen Pao, Hiro Tamura, J.D. Fagan, Matt Macinnis, Mike Vernal, Ning Sung, Scott Belsky, Steve Salis, Theresa Johnson, Thibaud Elziere, Travis Vanderzanden, Accelr8, Alumni Ventures, Balaji Srinivasan, Ben Huh, Better Capital, Joi Ito, Majinx Capital, Master Ventures, Master Ventures Investment Management, Orion Willow Parrott, Shaan's All Access Fund, SRB Ventures, Trajectory Ventures, Tribe Capital
Sep 1, 2017	Citizen	$12.0M Series A	—	Andreessen Horowitz, Chloe Sladden, BoxGroup, Brewer Lane Ventures, C2 Investment, Coatue, Coelius Capital, Collaborative Seed & Growth Partners, Craft Ventures, Crosscut Ventures, Digitalis Ventures, DNX Ventures, DST Global, eFounders, Electric Capital, Felicis Ventures, First Round Capital, Founder Collective, General Atlantic, Gradient Ventures, Greycroft, Haystack, Highbury Group, Index Ventures, Jazz Venture Partners, Kapor Capital, Lazerow Ventures, Left Lane Capital, Lerer Hippeau, LGF, LombardStreet Ventures, Lux Capital, Patrick Kerins, New Stack Ventures, Offline Ventures, Operator Ventures, Otherwise Fund, Owl Rock Capital Partners, Pareto Holdings, Pelion Venture Partners, Raine Ventures, Ravelin Capital, RRE Ventures, Sequoia Capital, Sherpalo Ventures, Shine Capital, SV Angel, Sweet Capital, The Hit Forge, Third Kind Ventures, Tiger Global Management, Todd and Rahul's Angel Fund, Velvet Sea Ventures, Audrey Gelman, Christian Reber, Clark Landry, Elad Gil, Eric Nadalin, J.D. Fagan, John Johnson, John Kobs, Matt Macinnis, Scott Belsky, Theresa Johnson, Thibaud Elziere, Tim Kendall, Tony Jamous
Jul 1, 2017	Agricool	$9.0M Series A	—	50 Partners, Brewer Lane Ventures, C2 Investment, Coatue, Collaborative Seed & Growth Partners, Daphni, DNX Ventures, eFounders, Electric Capital, Felicis Ventures, First Round Capital, Highbury Group, Index Ventures, LGF, LombardStreet Ventures, New Stack Ventures, Otherwise Fund, Sherpalo Ventures, Shine Capital, The Hit Forge, Third Kind Ventures, White Star Capital, Christian Reber, Elad Gil, J.D. Fagan, Matt Macinnis, Mike Vernal, Scott Belsky, Thibault Poutrel

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Drummond Road Capital.

Morris Wheeler

Principal

Leadership Team

Key people at Drummond Road Capital.

Morris Wheeler

Principal

Deep Dive

High-Level Overview

Drummond Road Capital is a venture capital firm founded in 1999 in Cleveland, Ohio, that invests primarily in early-stage technology startups across sectors such as software, fintech, and health tech. Their mission centers on supporting innovative companies with scalable business models and strong management teams by providing growth capital and strategic guidance. The firm offers diversified commingled asset pools for investors, focusing on private equity, venture capital, and direct investments. Drummond Road Capital has backed notable companies like Axuall, Astronomer, Scout RFP (a Workday company), and Hammerhead, contributing to the growth and maturation of technology startups in the U.S. market[1][2][5].

Origin Story

Drummond Road Capital was founded in 1999 by Morris Wheeler, who has a background in economics, computer science, and law, with experience on Wall Street and in media distribution ventures. Wheeler’s early focus was on computer software and media deals, later expanding into a diverse portfolio including private equity and venture capital investments. The firm evolved from these roots to become a multi-sector investor specializing in seed and early-stage rounds, emphasizing companies with disruptive ideas and strong leadership. Over time, Drummond Road Capital has built a track record of supporting startups through multiple funding stages, including seed, Series A, and Series B rounds[1][4].

Core Differentiators

Unique Investment Model: Focus on early-stage technology companies with scalable business models, investing across seed to Series B rounds and convertible notes.
Network Strength: Collaborates with prominent co-investors such as Techstars Ventures, Amplify.LA, and Y Combinator, enhancing deal flow and support.
Track Record: Over 44 investments with 10 notable exits, including Scout RFP and Keen, demonstrating successful portfolio management.
Operating Support: Provides strategic guidance beyond capital, leveraging founder Morris Wheeler’s operational experience in both digital and non-digital sectors[1][3][4].

Role in the Broader Tech Landscape

Drummond Road Capital rides the ongoing trend of early-stage venture investing in technology-driven innovation, particularly in software, fintech, and health tech sectors. The timing aligns with increasing demand for digital transformation and scalable tech solutions across industries. Their focus on startups with strong management teams and scalable models positions them well to capitalize on market forces favoring technology adoption and disruption. By supporting emerging companies, Drummond Road Capital influences the broader ecosystem by enabling innovation, job creation, and technological advancement in the U.S. startup landscape[2][5].

Quick Take & Future Outlook

Looking ahead, Drummond Road Capital is likely to continue leveraging its expertise and network to identify and nurture high-potential startups, especially in sectors undergoing rapid digital transformation. Trends such as AI, fintech innovation, and health technology will likely shape their investment focus. As the venture capital landscape evolves, the firm’s ability to provide both capital and strategic support will enhance its influence and success in driving startup growth and exits. Their continued commitment to backing entrepreneurs with game-changing ideas and tenacity suggests a sustained role in shaping the future of technology innovation[4].

Sources

High-Level Overview

Origin Story

Core Differentiators

Unique Investment Model: Focus on early-stage technology companies with scalable business models, investing across seed to Series B rounds and convertible notes.
Network Strength: Collaborates with prominent co-investors such as Techstars Ventures, Amplify.LA, and Y Combinator, enhancing deal flow and support.
Track Record: Over 44 investments with 10 notable exits, including Scout RFP and Keen, demonstrating successful portfolio management.
Operating Support: Provides strategic guidance beyond capital, leveraging founder Morris Wheeler’s operational experience in both digital and non-digital sectors[1][3][4].