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Key people at On Grid Ventures.
On Grid Ventures is an investment firm supporting early-stage B2B and consumer businesses that leverage advanced connectivity technologies. The firm prioritizes companies integrating location-based products, artificial intelligence, e-commerce marketplaces, peer-to-peer networks, and Internet of Things solutions. Their strategy targets ventures capable of disrupting and enhancing clearly defined markets through these technological advancements.
Jason E. Klein founded On Grid Ventures, drawing on his extensive operating experience in digital media, B2B information, and geo-focused content and advertising. His key insight was the transformative power of interconnected technologies, especially at the convergence of location intelligence and digital platforms. Klein’s pedigree also includes leadership roles with the Harvard Business School Alumni Angels.
Portfolio companies serve diverse customers across enterprise, professional, and consumer software and services. On Grid Ventures aims to accelerate personalized content, services, and goods, optimizing relevance through precise timing and placement. The firm's vision is to drive innovation that enhances technology's practical utility and broad accessibility in both daily life and business.
On Grid Ventures is an investment and advisory firm focused on early-stage ventures that leverage connectivity and location-based technologies to disrupt and improve clearly defined markets. Their mission centers on supporting startups that capitalize on advances in location services, AI/machine learning with location data, marketplaces, peer-to-peer networks, and IoT connectivity. The firm primarily invests in B2B and consumer software and services, especially in enterprise and professional sectors, aiming to accelerate personalized content and services delivered at the right time and place. Their portfolio includes over 20 companies such as RapidSOS, NY Shipping Exchange, TireAgent, and Shoppable, reflecting a strong emphasis on geo-disruption and connectivity-driven innovation[1][2].
Founded by Jason E. Klein, an experienced media CEO and business builder, On Grid Ventures emerged from his extensive background in digital media, vertical consumer and B2B information, and geo-focused content and advertising. Klein, who also leads the Harvard Business School Alumni Angels network in New York, established the firm to invest in and advise high-growth ventures that harness location technologies and connectivity. His prior leadership roles include CEO of Times Mirror Magazines and founder of MDconsult (later ClinicalKey), which provided a foundation for his focus on information-driven businesses. On Grid Ventures has evolved to concentrate on early-stage companies that integrate multiple connectivity advances to create market disruption[1][2].
On Grid Ventures rides the wave of increasing importance of location-based services, AI, and IoT connectivity in transforming how businesses and consumers interact with digital content and services. The timing is favorable due to the proliferation of connected devices, growing data availability, and demand for personalized, context-aware solutions. By focusing on geo-disruption, the firm influences the ecosystem by nurturing startups that integrate spatial data with AI and network effects, driving innovation in marketplaces, enterprise software, and consumer applications. This positions On Grid Ventures as a catalyst in the convergence of location intelligence and digital transformation[2][6].
Looking ahead, On Grid Ventures is poised to deepen its impact by backing startups that push the boundaries of geo-intelligence and connectivity, especially as AI and IoT technologies mature. Trends such as real-time location analytics, edge computing, and personalized digital experiences will likely shape their investment focus. With Jason Klein’s leadership and a robust angel network, the firm’s influence in shaping the next generation of location-driven tech companies is expected to grow, reinforcing its role as a key player in the evolving tech landscape centered on geo-disruption and connectivity innovation[1][2].
Key people at On Grid Ventures.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 1, 2016 | Shoppable | $4.0M Series A | — | Clean Energy Ventures, CP Ventures, DCM, GreaterGoodSociety, Great Oaks Venture Capital, LombardStreet Ventures, Wasabi Ventures, Anthony Citrano, Greg Kidd, Jason Cahill, Scott Banister, Andrew Boszhardt Jr., John Owen, Noopur S., Sandeep Bhanote, Thomas Varghese, Bodley Group, Canary Ventures, MI Ventures |