Our principals total more than 50 years of professional investment experience, much of it in early to growth-stage companies. We have served on boards of directors ranging from start-up companies to high-growth Nasdaq companies. We believe all of this gives our investors an edge as we structure and manage early to growth-stage investments.

Chip Davis

- Managing Partner

Mr. Davis has been investing in technology for more than 20 years in areas of process improvement software and data networks. He has sold companies to IBM, AT&T, Siemens, and IHS among others and has been focused on energy technology since 1998.

Chip’s investment background makes him conversant in operating issues resulting from, but not limited to, software as a service, international oilfield operations, data network service models, compensation frameworks for Energy, and mergers and acquisitions.

Mr. Davis currently sits on the Board of Directors of:

Geoforce

RigNet

LiquidFrameworks

Zilliant

NuPhysicia

Jim Newell

- Managing Partner

Mr. Newell joined Houston Ventures in 2010. He previously was a Partner with Altira Group LLC from 2000 to 2010. From 1994 to 2000, he was a Partner in Aspect Management Corporation making venture investments in upstream oil and gas projects and early to growth-stage energy technology companies.

From 1976 through 1994, Jim was a financial executive in the oil and gas industry, specializing in mergers and acquisitions and public financings.

Mr. Newell currently sits on the Board of Directors of:

LiquidFrameworks

Oseberg

Fred Lummis

- Associate

Mr. Lummis has worked with the Houston Ventures team since 2010.He is a graduate of Trinity University and Rice University’s Jones Graduate School of Business.

Prior to joining Houston Ventures, Fred worked as a commercial banker in the credit department of Regions Bank’s Houston office. There he underwrote and managed credits for middle market companies in the energy, manufacturing, service, and non-profit sectors.

Mr. Lummis currently sits on the Board of Directors of:

NuPhysicia

 

 

Fred’s current responsibilities include:

Screening and originating investments

Conducting due diligence

Performing valuations

Financial modeling

Reporting