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Key people at Xerox Ventures.
Xerox Ventures operated as the corporate venture capital arm of Xerox Holdings Corporation, investing in early-stage technology companies. It focused on advancing digital transformation and innovation within enterprise solutions, offering portfolio firms access to Xerox’s customer base and corporate resources, bolstering strategic interests.
Established in 2021 and based in Norwalk, Connecticut, Xerox Ventures served as an initiative to engage with the innovation ecosystem. Its executive team, including Chris Fisher, Tim Chiang, and Dean Mai, later formed Myriad Venture Partners, shifting from a corporate fund to an independent venture firm.
Originally, Xerox Ventures accelerated digital transformation. Myriad Venture Partners, its successor, now backs entrepreneurs defining the future of business solutions. Their investment thesis targets artificial intelligence, clean technology, and advanced business-to-business platforms, striving to build enduring companies that set new industry paradigms.
Key people at Xerox Ventures.
Xerox Ventures is the corporate venture capital arm of Xerox Holdings Corporation, focused on investing in early-stage technology companies that drive digital transformation and innovation. Its mission centers on supporting startups that develop cutting-edge technologies to enhance business operations, particularly in sectors such as enterprise software, artificial intelligence (AI), health tech, and digital services. By investing in these areas, Xerox Ventures aims to accelerate the evolution of industries and create long-term value. The firm plays a significant role in the startup ecosystem by providing not only capital but also strategic partnerships and operational support, leveraging Xerox’s corporate network to help portfolio companies scale and integrate innovative solutions[1][2][4].
Xerox Ventures was established in 2021 as a direct subsidiary of Xerox Holdings to focus on investing in startups and early to mid-stage growth companies. It evolved from Xerox’s broader corporate innovation efforts and was closely linked to Myriad Venture Partners, a venture firm founded by former Xerox executives including Chris Fisher, who was previously Xerox’s senior vice president and chief strategy officer. Myriad Venture Partners, which operates under the Xerox Ventures name, launched with $100 million in initial capital commitments, including Xerox as an anchor investor. This evolution reflects Xerox’s strategic reinvention to leverage venture investing as a means to source and integrate best-in-class technology solutions into its commercial offerings[1][3][6].
Xerox Ventures is riding the wave of digital transformation, particularly in AI, enterprise software, and health technology, sectors that are experiencing rapid innovation and adoption. The timing is critical as businesses increasingly seek to modernize operations, improve efficiency, and adopt sustainable technologies. Market forces such as the growing demand for AI-driven solutions, cloud-based services, and green enterprise initiatives align well with Xerox Ventures’ investment focus. By channeling corporate resources and venture capital into these areas, Xerox Ventures influences the broader ecosystem by accelerating the commercialization of transformative technologies and fostering collaboration between startups and established enterprises[1][2][4].
Looking ahead, Xerox Ventures is poised to expand its influence by deepening its investments in AI, clean technology, and B2B software, leveraging its partnership with Myriad Venture Partners to scale its portfolio. Trends such as AI integration, sustainability, and digital workplace transformation will shape its investment strategy. As Xerox continues its corporate reinvention, Xerox Ventures will likely play a pivotal role in sourcing innovative technologies that enhance Xerox’s offerings while generating strong financial returns. Its dual role as a strategic corporate investor and venture capital fund positions it uniquely to drive long-term value creation in a rapidly evolving tech landscape[3].
