Marc Averitt

Managing Director, Okapi Venture Capital
Marc brings legal training from Intel and Sun and builds founding teams from scratch for university-lab IT-healthcare science companies, achieving top-decile 2006 vintage performance through a capital-efficient, restrained approach.
How to contact Marc Averitt
Stages their fund invests in
N/A
Sectors their fund invests in
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Avg Check
$750K - $3M
N/A
Does their fund Lead?
No
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Geos their fund invests in
USA
Marc Averitt
Stages their fund invests in
N/A
Sectors their fund invests in
SaaS
AI
Enterprise
Future of Work
Consumer
N/A
Avg Check
$750K - $3M
N/A
Leads?
No
N/A
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About Marc Averitt

Marc brings an unusual combination of legal training from major tech companies like Intel and Sun Microsystems with hands-on experience building founding teams from scratch—often engaging when companies have no team or product yet, such as when Helixis had only one full-time employee or RF Nano was just a professor plus one consultant. He focuses specifically on hardcore science and technology emerging from university labs, particularly at the intersection of IT and healthcare, and achieved top-decile fund performance with Okapi's 2006 vintage fund through their capital-efficient approach that avoids putting too much money into companies.

Marc Averitt's Interests

What they've been talking about across their social media accounts
  • Closely monitoring the intersection of artificial intelligence and physical utility. He frequently highlights advancements in humanoid robotics, such as models deployed in BMW assembly plants, while also questioning the emerging legal frameworks regarding copyright and whether AI bots can officially act as agents for humans.
  • Values the relational aspect of early-stage investing. He explicitly notes that the initial capital a founder receives is often rooted in trust and serendipitous connections, whereas any future funding is strictly earned through performance and execution.
  • Demonstrates a dedicated passion for collegiate athletics, particularly water polo. He regularly shares updates about USC matches and celebrates individual player milestones, showing a supportive side that values discipline and competitive achievement.
  • An eye for corporate governance and operational success stories. He shares insights ranging from the impressive growth of niche platforms like Babylist to the specific complexities of corporate law in Delaware and how accounting practices differ across industries.

About their Fund

Okapi Venture Capital

Sectors
SaaS, AI, Enterprise, Future of Work, Consumer
Rounds
Seed - Series B+
Avg Check Size
$750K - $3M

Okapi Venture Capital is Southern California's original seed-stage venture capital fund, created at the request of local business leaders and structurally intertwined with the region's university system and innovation infrastructure through organizations like Octane. The fund focuses on capital-efficient, multidisciplinary tech companies in underserved geographies outside the Bay Area, with partners bringing founder-to-IPO experience and Fortune 500 backgrounds who underwrite each investment on the premise that it could return the entire fund.

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