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Mark Poag

General Partner at Fitz Gate Ventures

Houston, Texas

Overview 

Mark Poag is the Co-Founder and General Partner at Fitz Gate Ventures in Houston, Texas, where he has successfully invested in companies like Visor and Cheers at seed stages. With a background in law and business, he has also served as a lecturer at Princeton University and an adjunct professor at Rice Business, contributing to the education of future leaders in venture capital. Highlights of Mark Poag's career include his role as a Co-Founder and General Partner at Fitz Gate Ventures, where he has made impactful investments in early-stage companies, and his experience as a lecturer at Princeton University and adjunct professor at Rice Business, showcasing his commitment to educating the next generation of business leaders.

Work Experience 

  • Co-Founder and General Partner

    2015 - Current

    Fitz Gate Ventures is an early stage, network-driven venture capital firm currently investing out of its third fund. The firm brings a unique strategic advantage to its portfolio companies by leveraging its proprietary “Friends of Fitz” network, comprised of hundreds of venture capitalists, startup founders, professors, and senior executives.

Fitz Gate is an early stage, network-driven venture capital firm.

  • Lecturer for Princeton University Graduate School Seminar Series on Venture Capital

    2018

    I teach an annual seminar series about startup companies and venture capital to Princeton University graduate students. The Princeton Graduate School awarded me the Clio Hall Award in 2022 in recognition of the value of this seminar to Princeton graduate students.

  • Adjunct Professor

    2018

    I teach a class to undergraduate and MBA students in the spring semester -- Student Venture Fund: Evaluating Startup Investment Opportunities.

  • Investor

    2016

    SmartAsset connects customers to financial advisors and financial products to ensure their financial security.

SmartAsset is an online destination for financial advice that powers SmartAdvisor, a marketplace connecting consumers to financial advisors.

Raised $161,431,095.00 from FJ Labs.

  • Investor

    2017

    Overtime is a digital sports media company that creates short form content and builds disruptive new sports leagues aimed globally at the next generation of sports fans and athletes.

Overtime is a sports network that produces several sports-focused series and short-form content for the next generation of sports fans.

Raised $215,070,000.00 from Liberty Media, Blackstone Group, Counterpoint Global, Winslow Capital, Bezos Expeditions and Sapphire Sport.

  • Investor

    2017

    Optimal Dynamics provides advanced AI driven logistics and supply chain optimization solutions.

Optimal Dynamics is a SaaS company that uses artificial intelligence and machine learning to disrupt the logistics industry.

Raised $55,795,000.00 from Activate Capital Partners, The Westly Group and Bessemer Venture Partners.

  • Investor

    2020

    Celestial AI is the creator of the Photonic Fabric™, which unleashes advancements in AI.

Celestial AI develops an optical interconnect technology platform for data center and AI computing solutions.

Raised $338,874,997.00 from Samsung Catalyst Fund, IAG Capital Partners, Smart Global Holdings, Tyche Partners, M Ventures, AMD Ventures, Temasek Holdings, US Innovative Technology Fund, Porsche Automobil Holding and Koch Disruptive Technologies.

  • Investor

    2020

    Verge develops therapeutics for serious genetic diseases using human genomics and machine learning.

Verge Genomics uses machine learning and human genomics to accelerate drug discovery.

Raised $134,120,000.00 from Tenmile.

  • Investor

    2017

    Quantum Circuits is building revolutionary quantum computing systems using advanced superconducting technology.

Quantum Circuits is developing and commercializing quantum computing technology that utilizes superconducting quantum circuits.

Raised $78,000,000.00 from F-Prime Capital, Tribeca Venture Partners, Fitz Gate Ventures, Hither Creek Ventures, Canaan Partners, Sequoia Capital, ARCH Venture Partners, IQT, Connecticut Innovations and OUP (Osage University Partners).

  • Investor and Board Observer

    2019

    Cartful Solutions transforms marketing and on-site personalization with unique zero-party data.

Cartful Solutions improves eCommerce conversion and shopper satisfaction by delivering a more persuasive product.

Raised $1,325,000.00 from Fitz Gate Ventures and Fitz Gate Ventures.

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