Omidyar Technology Ventures

Omidyar Technology Ventures (OTV) is a Silicon Valley-based venture capital firm founded in 2015 and launched publicly in 2016 by Pierre Omidyar, the billionaire founder of eBay. Headquartered in Redwood City, California, OTV operates as a single-LP family office-style vehicle — created and solely funded by Pierre Omidyar's personal capital — and is distinct from the better-known Omidyar Network, his 2004 philanthropic and impact investment platform. OTV is positioned as 'an entrepreneur's fund' and invests in a relatively concentrated portfolio at the early and growth stages in enterprise software, artificial intelligence and big data, financial technology, and online marketplaces. Because OTV deploys from Pierre Omidyar's balance sheet rather than a committed fund, it does not disclose AUM and can hold positions over very long time horizons, following on aggressively into later rounds without typical fund-lifecycle constraints. Across roughly 17 investments, OTV has produced three unicorns: Fundbox, an AI-based SMB lending platform; project44, a supply-chain visibility company that raised an $80 million Series G with OTV participation, led by Generation Investment Management and A.P. Moller Holding; and Phenom, a talent experience management platform. Recent portfolio exits include Convoy, acquired by DAT Solutions in July 2025, and Writable, acquired in February 2024. OTV's concentrated approach — a small number of high-conviction bets with patient capital and the personal brand of eBay's founder behind each investment — creates a distinct value proposition for founders seeking a long-term, low-friction institutional partner at the growth stage.