LC

Larry Cheng

Managing Partner at Volition Capital

Boston, Massachusetts

Invests in

Stages:

  • Min Investment:

    $5,000,000.00
  • Max Investment:

    $50,000,000.00
  • Target Investment:

    $25,000,000.00

Education

Work Experience

  • Managing Partner and Co-Founder

    2010

    Volition Capital is a Boston-based growth equity firm that invests in high growth, principally bootstrapped, founder-owned businesses in the software, Internet, and consumer sectors. Larry's investments include: Arteza (Director) Burst Oral Care (Director) Doing Things Media (Director) GameStop (NYSE: GME) (Director) Grove Collaborative (NYSE: GROV) (Director) Mozaic (Director) Recycle Track Systems - RTS (Director) Rounds (Director) Screenverse (Director) Sensible Care (Director) Super73 (Director) US Mobile (Director) Chewy (Nasdaq: CHWY) Connatix (acquired by Court Square Capital Partners) Cortera (acquired by Moody’s) Globaltranz (acquired by Jordan Companies) Stylesight (acquired by Top Right Group)

2005 - 2009

  • Partner

    2005 - 2009

    Fidelity Ventures was the US technology venture capital arm affiliated with Fidelity Investments. Larry's investments Included: Cortera (Director) - acquired by Moody's Mindshift Technologies (Director) - acquired by Best Buy Verid (Director) - acquired by EMC Prosper Marketplace (Director)

2000 - 2005

  • Senior Associate

    2000 - 2005

    Battery is a global, technology-focused investment firm. Larry's investments Included: OpenNetwork Technologies (Board Director, Acquired by BMC) Ximian (Board Observer, Acquired by Novell) Viewlocity (Board Director, IPO) OpenCola (Board Director, Acquired by OpenText) Ruckus Network (Board Director)

  • Associate

    1998 - 2000

    Bessemer Venture Partners is a venture capital firm. The firm has over $5 billion under management and invests globally, with offices in San Francisco, Redwood City, New York City, Boston, Israel, and India. Larry's investments included: SciQuest (Nasdaq: SQST) Vistacare (Nasqaq: VSTA) Traffic.com (Nasdaq: TRFC) Virtual Growth (Acquired by Administaff)

  • Associate Consultant

    1996 - 1998

    Growth strategy consulting firm for Fortune 500 companies.

  • Chairman and President

    1995 - 1996

    A $4 million student run company comprising 11 different agency businesses.