Overmatch Ventures
Defense-focused venture capital investor in Overland AI's Series A and Series B rounds.
Overmatch Ventures is an Austin-based early-stage venture firm founded in 2023 by Evan Loomis (co-founder of ICON and Saturn Five, whose venture activity spun into Overmatch), Jordan Blashek, and Morgan Hitzig (General Partners). It closed a $250M Fund II in March 2026 following a $70M Fund I, backing companies including xAI, Saronic, CHAOS Industries, and Nominal. Participated in Overland AI's Series A and Series B rounds.
Overview
- Firm
- Overmatch Ventures
- Headquarters
- Austin, TX
- Founded
- 2023
- AUM
- $500M+ (Fund I $70M + Fund II $250M closed March 2026, plus SPV/co-investment capital)
- Avg. check
- ~$2M initial check
- Stages
- Seed, Series A, Series B
- Thesis
- Backs founders at the intersection of advanced commercial innovation and the U.S. national security mission — deep tech, defense, and space — viewing them as critical to the outcome of global superpower competition.
- Website
- www.overmatch.vc/
Portfolio companies1
Partners0
No linked records yet.
Frequently asked
- What is Overmatch Ventures?
- Backs founders at the intersection of advanced commercial innovation and the U.S. national security mission — deep tech, defense, and space — viewing them as critical to the outcome of global superpower competition.
- How much does Overmatch Ventures manage?
- Overmatch Ventures manages $500M+ (Fund I $70M + Fund II $250M closed March 2026, plus SPV/co-investment capital) in assets, and was founded in 2023.
- What stages does Overmatch Ventures invest at?
- Overmatch Ventures invests at Seed, Series A, Series B, with typical checks of ~$2M initial check.
Sources & citations3
Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.
- 1
Overmatch invests at the intersection of advanced commercial innovation and the U.S. national security mission
Overmatch Ventures: Overmatch Ventures — HomeVerified2026-08-09 - 2
Overmatch founded 2023 by Evan Loomis, Jordan Blashek, Morgan Hitzig; closed $250M Fund II March 2026 after $70M Fund I
BusinessWire: Overmatch Raises $250M Fund II After Top-Decile DebutVerified2026-03-24 - 3
Overmatch Ventures HQ Austin, TX; AUM and fund history corroboration
GovConWire: Overmatch Raises $250M for Second Fund to Back National Security StartupsVerified2026-03-24