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Cleveland Avenue

Chicago, IL · Invests in US · Website

Thesis

Global venture capital firm investing in lifestyle consumer brands and technology companies that positively disrupt large and growing markets. Great investments require deep industry expertise, hands-on operational support, and access to strategic partners.

Likely not a fit for

Pure software without embedded advantage; B2B services with low defensibility; non-consumer facing tech investments; highly capital-intensive hardware; commodity-driven sectors

How they invest

Lead or follow
Usually leads
Typical decision
~1 month
Warm intro
Preferred
Involvement
Takes a board seat
Fund status
Actively deploying
Assets under mgmt
$2.5B
Decision process
Partnership vote

Partners & team

9 contacts on file

RL

Randall Lewis

General PartnerPortfolio Lead, AgriTech & CAST US · Primary contact

+ Pitch

r•••@cl•••.com

LinkedIn profile

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KA

Kolade Aderele

PartnerPartner

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k•••@cl•••.com

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DT

Don Thompson

General PartnerCEO & Co-Founder

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d•••@cl•••.com

LinkedIn profile

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LT

Liz Thompson

General PartnerCo-Founder, CEO of The CAFE Group

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JQ

Joseph Q. McCoy

Platform & OpsPresident & General Counsel

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KK

Keith Kravcik

InvestorChief Investment Officer

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AZ

Andrea Zopp

Portfolio Lead, Diversity & Inclusion

+ Pitch
ML

Mingu Lee

General PartnerManaging Partner, CA Tech Fund

+ Pitch

m•••@cl•••.com

LinkedIn profile

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HC

Harry Coaxum

Platform & OpsOperations

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Portfolio

AigenAgetech Longevity

Aigen is building a future with no harmful chemicals in food by providing AI-driven, network-connected robotic services for agriculture, powered entirely by renewable energy.

American Backhoe
ApologueFood Beverage

Apologue Cocktail Co. is a forward-thinking cocktail company focused on the intersection of cocktails, community, and culture. They offer spirited liqueurs crafted from entirely natural, non-GMO ingredients and elevate ready-to-serve cocktails.

BabyQuipEcommerce Marketplaces

BabyQuip offers baby equipment rentals, allowing families to rent baby gear for their trips, making travel with children easier.

BartesianFood Beverage

Bartesian creates bar-quality cocktails on demand, providing an effortless way to enjoy and serve premium cocktails at home.

Bear RoboticsRobotics Automation

Bear Robotics develops innovative robotic solutions for the hospitality industry, focusing on enhancing service efficiency and customer experience.

BeatclubEnterprise Software

Beatclub.com offers AI-driven logo creation without design skills. It provides fast and professional logo designs.

BelieverFood Beverage

Believer is a cultivated meat company focused on producing high-quality, non-GMO meat alternatives that are cruelty-free and environmentally sustainable.

BemyfriendsEcommerce Marketplaces

Bemyfriends is a global fandom business company that provides comprehensive solutions and services to transform fandoms into successful businesses, leveraging IT-based platforms and expert consulting.

Better Foods
Beyond MeatFood Beverage

Beyond Meat produces vegan meat and plant-based meat substitutes, focusing on creating products that nourish and protect health while promoting sustainability.

BhaktiFood Beverage

Bhakti is a woman-founded company that specializes in fresh-pressed ginger chai concentrate made from organic ingredients. The company emphasizes sustainability and social impact, sourcing organic and fair trade ingredients and supporting organizations that empower women and girls.

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Research briefRead more
Cleveland Avenue Research Investment Thesis Cleveland Avenue is a globally-minded venture capital firm founded in 2015 by Don and Liz Thompson, co-founders who bring significant operational expertise and entrepreneurial experience. The firm invests in lifestyle consumer brands and technology companies that positively disrupt large and growing markets. Their thesis centers on identifying market opp

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