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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 companies2
Partners0
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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
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