# The O.H.I.O. Fund

> The O.H.I.O. Fund is a Columbus-based private investment adviser that raises capital largely from Ohio institutions, companies, foundations, family offices, and individuals, then deploys it into Ohio companies and projects. Its multi-asset strategy combines later-stage venture, growth equity, real estate, infrastructure, and selected fund investments, using a statewide investor network to source deals and help portfolio companies scale without treating relocation to a coastal market as the default next step.

- **Founded:** 2024
- **Headquarters:** Columbus, United States
- **Founders:** Mark Kvamme (Co-Founder, CEO & Chief Investment Officer), Ray Leach (Co-Founder & President), Jill Meyer (Founding Partner, COO & Chief Relationship Officer), Mike Venerable (Founding Partner & Director of Healthcare and Life Sciences)
- **Team size:** 13 professionals listed on the official team page as of July 2026; third-party employment data supplied for this profile lists 18 employees.
- **Products:** Ohio High Growth Investment Opportunities Fund, Ohio Institutional Impact Investment Fund, Special purpose vehicle co-investments, The O.H.I.O. Fund Network
- **Notable:** Raised $647 million in committed capital across private vehicles by March 31, 2026., Built a base of 155 institutional and private investors by the end of Q1 2026., Reached 33 investments across companies, real estate, infrastructure, and other funds by March 2026.

## Products & services

- **Ohio High Growth Investment Opportunities Fund** — An evergreen private fund investing across later-stage venture, growth equity, real estate, infrastructure, and selected fund opportunities in Ohio.
- **Ohio Institutional Impact Investment Fund** — A $106 million institutional fund closed in June 2025 and designed to provide diversified exposure to Ohio-based investments.
- **Special purpose vehicle co-investments** — Deal-specific co-investment vehicles that let eligible investors participate alongside the managed funds in selected Ohio opportunities.
- **The O.H.I.O. Fund Network** — A statewide network of limited partners, co-investors, advisers, and partners that contributes capital, expertise, access, and deal flow.

## Achievements

- Raised $647 million in committed capital across private vehicles by March 31, 2026.
- Built a base of 155 institutional and private investors by the end of Q1 2026.
- Reached 33 investments across companies, real estate, infrastructure, and other funds by March 2026.
- Deployed approximately $217-$219 million by spring 2026 and reported more than $75 million in distributions.
- Led a $15 million seed round for autonomous steel-fabrication startup 1872 in July 2026.
- Made a $25 million investment in Eagle Wireless' $30 million Series B in February 2026.
- Helped attract manufacturing companies including Hyperframe and Endera from California to Ohio.
- Expanded investments across at least 12 Ohio counties by January 2026.

## Latest updates

- **2026-07** — Private funds advised by The O.H.I.O. Fund led a $15 million seed round for 1872, an AI-native autonomous steel-fabrication company opening in Cincinnati.
- **2026-07** — The firm launched Ohio 4.0, an educational campaign about the state's next era of physical AI and advanced manufacturing.
- **2026-05** — The firm reported $647 million in commitments, 155 investors, four new Q1 portfolio companies, and a $25 million follow-on investment in Eagle Wireless.
- **2026-02** — Funds advised by the firm invested $25 million in Eagle Wireless' $30 million Series B.
- **2026-01** — The platform announced its 30th investment, Hyperframe, and said the company had relocated operations from California to Columbus.
- **2025-12** — The firm invested in Endera alongside Magnetar, Pulse Fund, and others to support expanded bus production in Ottawa, Ohio.

## Links

- Website: https://theohiofund.com
- LinkedIn: https://www.linkedin.com/company/the-o-h-i-o-fund
- YouTube: https://www.youtube.com/playlist?list=PLJaZ5BWxy543qTf5EowEagkDjNYtEu61T

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Profile page: https://yespress.io/the-o-h-i-o-fund
Published by YesPress — https://yespress.io
Last updated: 2026-08-15
