ESO Fund

ESO Fund is a California-based venture capital investment firm founded in 2012 that provides cash advances to employees of venture-backed companies to exercise their stock options and cover related taxes. It uses a defined due diligence process and transaction protocol to evaluate and close transactions quickly, enabling leverage and tax optimization to improve ROI and provide liquidity for option holders, including those who have already exercised options. The firm focuses on technology-sector investments and operates as a registered investment adviser, managing capital across venture funds, including Fund V, with about $500 million under management.

Scott Chou

Co-Founder and Managing Partner

Nairie Krikorian-Iskikian

Partner

Andrew Moeckel

Associate

Stephen Roberts

Managing Partner

Mike Sousoulas

CFO

Past deals in Series H

Olive

Series H in 2021
Olive AI, Inc. specializes in developing artificial intelligence and robotic process automation solutions tailored for healthcare organizations. Founded in 2012 and based in Columbus, Ohio, the company offers an AI-as-a-Service platform that automates a variety of administrative workflows, including claim status checks, account updates, and prior authorizations. By streamlining these repetitive and high-volume tasks, Olive allows healthcare professionals to focus on more creative and empathetic aspects of patient care. The software acts as an intermediary between different systems and data, helping to reduce administrative errors and improve cash collections, ultimately enhancing overall efficiency and patient outcomes in the healthcare sector. Olive AI, Inc. was previously known as CrossChx, Inc. before rebranding in July 2018.

Roblox

Series H in 2021
Roblox is an online gaming and entertainment platform that fosters virtual interactions and shared experiences among users. Founded in 2004 by David Baszucki and Erik Cassel, it is headquartered in San Mateo, California. The platform allows users to create and explore immersive 3D environments, enabling them to play, learn, and socialize. It is particularly popular among audiences under the age of 18, ranking as one of the top entertainment destinations for this demographic based on engagement metrics. The vast array of interactive experiences is developed by a global community of creators utilizing Roblox Studio, a desktop design tool provided by the platform. Roblox's growth is largely driven by word-of-mouth, with millions of new users joining each month, highlighting the strong community aspect of the platform.
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