Mark_Kvamme

Mark Kvamme

Mark Kvamme

Venture capitalist and race car driver


Mark David Kvamme (born February 20, 1961) is an American venture capitalist at the firm Drive Capital in Columbus, Ohio, a sports car racing driver and team owner of MDK Motorsports.[4]

Quick Facts Born, Alma mater ...

Business career

Kvamme founded Drive Capital with Chris Olsen in 2013.[5] He currently sits on the board of Aver Informatics, FarmLogs, Clinc, Funny or Die, Gecko Robotics, Muve Health, Physna, and Udacity. He specializes in innovative technology, healthcare and consumer investments in the Midwest. Before Drive Capital, Kvamme was the interim chief investment officer and president of JobsOhio.[4] Prior to JobsOhio, Kvamme was a partner at Sequoia Capital, the chairman and CEO of CKS Group, the director of international marketing at Wyse Technology, president and CEO of International Solutions and a founding member of Apple France.

Kvamme formerly worked as state development director in the administration of Ohio Governor John Kasich. In 2015, Kvamme donated $500,000 to Kasich's 2016 presidential campaign through the limited liability corporation MMWP12.[6][7]

Racing career

Kvamme grew up in motorcycle racing, but did not pursue a career in it. After competing in off-road truck racing, he moved to sports cars, racing in the WeatherTech SportsCar Championship starting in 2014. In 2017, he placed Third at the Rolex 24hrs of Daytona in the Prototype Challenge class. He also began competing in the Porsche GT3 Cup Challenge USA, and finished second in the Platinum Cup Masters championship with two wins (Barber Motorsports Park and Virginia International Raceway).[8]

In late 2019, Kvamme joined Rick Ware Racing's Asian Le Mans Series program, where he shared the No. 52 Ligier JS P2 with Cody Ware.[9] In their first race at Shanghai International Circuit, despite missing qualifying and only having two laps of practice, Ware and Kvamme finished second in the LMPS Am class and 14th overall.[10][11]

Kvamme's team MDK Motorsports was also active in motocross during the early 2000s, and returned to the sport for the 2022 season of the reborn FIM World Supercross Championship.[12]

Personal life

Kvamme is the son of E. Floyd Kvamme, a former entrepreneur and a venture capitalist at Kleiner Perkins Caufield & Byers. Apple France was created in 1982; as a "Founding Member", Kvamme was living in France at that time and working for Jean Louis Gassee.

Kvamme has a BA from the University of California, Berkeley.

Motorsports career results

Complete WeatherTech SportsCar Championship results

(key)(Races in bold indicate pole position, Results are overall/class)

More information Year, Team ...

Asian Le Mans Series results

(key) (Races in bold indicate pole position) (Races in italics indicate fastest lap)

More information Year, Entrant ...

Complete 24 Hours of Le Mans results

More information Year, Team ...

References

  1. "Mark Kvamme". Racing Reference. Retrieved 2019-07-31.
  2. "Mark D. Kvamme". Bloomberg. Retrieved 2019-07-31.
  3. Ghose, Carrie. "Drive Capital launches second, $300M fund for Midwest startups". Bizjournals.com. Retrieved 9 September 2016.
  4. Niquette, Mark (July 30, 2015). "Kasich's Bid Powered by Fans From Ohio and Lehman". Bloomberg Politics.
  5. Mider, Zachary (August 21, 2015). "Another Way to Mask Super Rich Donors". Bloomberg.
  6. "Kvamme "Marrying" Passion for Motorsports, Business". Sportscar365. March 29, 2018. Retrieved November 26, 2019.
  7. "4H Shanghai: Saturday Paddock Notes". DailySportsCar.com. November 23, 2019. Retrieved November 26, 2019.
  8. Christie, Toby (November 24, 2019). "Rick Ware Racing Finishes Second in Class in Asian Le Mans Series Race". TobyChristie.com. Retrieved November 26, 2019.
  9. Antonovich, Michael (22 June 2022). "FIM World Supercross Championship | MDK Motorsports Returns, Acquires License". swapmotolive.com. Retrieved 6 September 2022.

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