CenterPoint Ventures

CenterPoint Ventures was one of the largest early-stage venture capital firms based in the Southwest United States, founded in 1996 and headquartered in Dallas, Texas. The firm raised $272 million across three funds: CenterPoint Venture Partners I at $50 million in 1996, CenterPoint Venture Partners II at $100 million in 1999, and a third fund of $272 million in 2001. Investing across Texas and the broader Southwest, CenterPoint backed 38 companies with 111 total investment transactions, targeting early-stage industrial technology, enterprise software, hardware, and consumer goods businesses. The firm led rounds at the Series A and Series B stages, writing checks averaging $5 million per deal and up to $10 million. The portfolio achieved 29 exits, with the most recent being Tasktop in May 2022. Notable portfolio companies include Silicon Labs, a semiconductor company that went public on the NASDAQ; Xtera Communications; MyCOI in financial software; Nuventix in electrical equipment; and LifeShield in home security. CenterPoint Ventures appears to no longer be actively investing, with no new portfolio activity recorded since its last exit. During its multi-decade active period, the firm helped scores of Southwest entrepreneurs build successful and enduring companies — a regional institution that channeled significant institutional capital into markets often overlooked by coastal venture funds. Its $272 million cumulative fundraise established it as a defining anchor of the Texas technology ecosystem through the 1990s and 2000s.