Founded by Donald A. Lucas, the firm focuses on early to mid-stage investments in private start-up companies in the United States. With a particular interest in software analytics, big data, e-commerce, social networks, precision medical, and continuous monitoring devices, Lucas Venture Group follows a traditional venture capital approach, prioritizing personal relationships and raising funds in measured succession. Some notable portfolio startups include Chegg, Katerra, and Berkeley Lights. The firm typically invests in rounds with 5-6 participants and is active in the Service Industry and Logistics sectors. Lucas Venture Group has a preference for startups with 1-4 founders and invests in companies that are 4-5 years old. The firm is involved in 2-6 deals per year, with investments ranging from $10 million to $50 million.