Overmatch Ventures

Overmatch Ventures is an early-stage venture capital firm founded in 2023 and based in Austin, Texas, backing founders solving the hardest, highest-stakes problems. It's led by General Partners Evan Loomis, co-founder of ICON and Saturn Five; Jordan Blashek, a Marine combat veteran and repeat entrepreneur; and Morgan Hitzig, a U.S. Navy combat veteran and company builder. The firm invests exclusively in deep tech, defense, and space, sectors it views as central to the global technological and industrial competition. Overmatch provides operational support helping founders navigate government procurement, regulatory complexity, and international markets, running initiatives like Endless Frontiers and the Demand Signal Forum to connect portfolio companies with government and demand-side partners. Its debut $70 million fund backed companies including xAI, Saronic, CHAOS Industries, Nominal, Impulse Space, and Armada AI. In 2026, the firm closed an oversubscribed $250 million Fund II, targeting roughly 25 core investments at Seed and Series A with larger check sizes and the ability to lead rounds, averaging $2 million per check. Overmatch's investment approach emphasizes staying with founders well past the initial check, using special purpose vehicles to provide growth capital through Series B and beyond, aiming to earn the right to be a founder's first call throughout a company's lifecycle.