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Okapi Venture Capital

Company

Investment-firm

Financing round

General

About Company
Okapi Venture Capital supports emerging IT and life science businesses with capital and management.

Industry

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Also Known As

Okapi VC

founded date

10.07.2005

Number of employees

IPO status

Private

Description

The California-based venture capital firm, Okapi Venture Capital, partners with talented entrepreneurs and executives to develop high-growth businesses. They manage Okapi Ventures I, LP, a fund focused on investing in seed and early-stage companies in the technology and life science sectors along the Tech Coast of southern California, with a particular emphasis on Orange County startups. Since their founding in 2005, they have been investing in enterprise and consumer technology companies during the seed stage.
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Financials

Investments
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Date 
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type 
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No
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Yes
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People

Founders
2
Sharon Stevenson
Sharon Stevenson

Sharon Stevenson

Sharon co-founded Okapi in 2005 and is a Managing Director responsible for the life science investments in its first two funds and a Venture Partner in its third fund. Sharon was responsible for Okapi’s investment in Helixis (acq: ILMN), and serves as a Director on the boards of Okapi portfolio companies Obalon Therapeutics [Nasdaq: OBLN], WiserCare, BioTrace and Focal Therapeutics. She is also a Board Observer at WellTok and OrthAlign. Prior to founding Okapi, Sharon was the Senior Vice President of Technology and Planning for SkinMedica – a private, venture-backed, commercial stage specialty pharmaceutical company focused on the dermatology and human appearance markets. Prior to SkinMedica, Sharon was a Principal with Domain Associates, LLC – a venture capital fund specializing in life science investments. In addition to performing due diligence and working closely with portfolio companies while at Domain, she also served as President and CFO of Volcano Therapeutics (Nasdaq: VOLC) and lead the company’s growth from 1 to 14 employees and from the initial design of the first product to the first clinical trials using the device. In addition to her responsibilities at Volcano, Sharon’s past and present board affiliations on behalf of Domain include MicroVention (acquired by Terumo Corporation, OTC: TRUMF.PK), Neuropace, NuVasive (Nasdaq: NUVA), Santarus (Nasdaq: SNTS), SkinMedica, and GenVault. Prior to launching her entrepreneurial / venture capital career several years ago, Sharon was a tenured Associate Professor in the Department of Orthopedics at the Case Western Reserve University School of Medicine. She is author of over 132 publications, including 2 guest editorships and has made more than 57 presentations to professional audiences. Her clinical training was in veterinary surgery and she is a Diplomate of the American College of Veterinary Surgeons (ACVS). She has served on the governing boards of the ACVS and the Orthopedic Research Society and currently serves on the Board of Governors of the Pardee RAND Graduate School of Public Policy. Sharon has been awarded a MBA from the UCLA Anderson Graduate School of Management; a PhD in Comparative Pathology from UC Davis; and a Master of Science in Veterinary Pathology and Doctor of Veterinary Medicine from The Ohio State University. When Sharon is not at work she enjoys designing and making her own clothes and hanging around with her husband, Dr. Jerry Finerman. When not on a horseback riding expedition to a far away place, she spends as much time as possible on a yoga mat.

current job

Okapi Venture Capital
Okapi Venture Capital

organization founded

1

Sharon Stevenson

Marc Averitt
Marc Averitt

Marc Averitt

Marc is a Co-Founder and Managing Director of Okapi Venture Capital and is responsible for Okapi Ventures’ technology investments. He has held leadership positions of increasing responsibility in business development, legal, operations, corporate development, and strategy in the technology industry since the mid-90s. Prior to founding Okapi, Marc was with Intel Corporation first as an attorney for the Microprocessor Products Group and then as the Managing Director, Strategic Business Development for the Software & Solutions Group worldwide. Prior to Intel, Marc worked for Sun Microsystemsin business development and legal roles. Marc received his bachelors from the University of Southern California, where he studied philosophy and business, and went on to earn his Juris Doctor from Pepperdine University School of Law. He also attended the Stanford University Graduate School of Business executive education program. Marc’s past board affiliations include DATAllegro (acquired by Microsoft), TrueEcho, Jabez, SecondVoice, WellTok, SignNow (acquired by Barracuda Networks), and RF Nano Corporation while his present board affiliations include My Damn Channel, and Transaction Wireless on behalf of Okapi. He is also on the Advisory Boards of Emulex [NYSE: ELX], TempoAI, and The Don Beall Center for Innovation & Entrepreneurship at U.C. Irvine. Marc maintains a personal blog at OC VC . Marc lives with his wife and two kids in Orange County, CA and is active with his kids’ school and in the local community.

current job

Okapi Venture Capital
Okapi Venture Capital

organization founded

1

Marc Averitt

Employee Profiles
5
Matthew McRae

Matthew McRae

Venture Partner

John Waller

John Waller

Partner

Jeff Bocan

Jeff Bocan

Partner

Marc Averitt

Marc Averitt

Co-Founder & Managing Director

Sharon Stevenson

Sharon Stevenson

Co-Founder & Managing Director

Activity

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4