LC

Larry Cheng

Managing Partner at Volition Capital

Boston, Massachusetts

Overview 

Larry Cheng is the Managing Partner at Volition Capital in Boston, Massachusetts, with a strong background in venture capital and investments. He has successfully invested in various companies like Screenverse Inc, Mozaic, Sensible Care, and SUPER73, showcasing his expertise in growth equity and entrepreneurship. Cheng's career highlights include co-founding Volition Capital and serving in leadership roles at Fidelity Ventures, Battery Ventures, and Bessemer Venture Partners, where he demonstrated a keen eye for strategic partnerships and successful mergers and acquisitions.

Work Experience 

  • Managing Partner and Co-Founder

    2010 - Current

    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)

Volition Capital is a growth equity firm that principally invests in high potential, founder-owned companies across different technology.

  • 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)

  • 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)

Battery Ventures is a investment firm that focuses on technology.

  • 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)

BVP Forge operates as a private equity firm that focuses on software-enabled businesses.

  • 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.

Harvard Student Agencies is a student-run company.

Education 

Articles About Larry

Relevant Websites