Massachusetts Institute of Technology

Rice University

The University of Texas at Austin

Investor, Founder, CEO

Houston, Texas, United States

Mr. Farid is a founder of L37 Ventures.  L37 is a hybrid venture capital and private equity firm who’s partners are seasoned entrepreneurs, operators and investors.  We invest in unique, globally-minded founders and roll up our sleeves to help scale early stage success.  We are relentless in our focus to solve problems and create value.  We do not hold ourselves to the constraints of the past.

Partner

AlphaX provides a suite of predictive and prescriptive artificial intelligence software (AX-AI) and cloud infrastructure (AX-Cloud PaaS) solutions to our customers, who include independent oil companies (IOCs), national oil companies (NOCs) and oilfield service companies (OFS).  Our technology infrastructure inherently addresses security, data residency, and data privacy concerns.

AlphaX Decision Sciences

Advisor

BlueVine is a multi-stage Venture Capital firm that invests or co-invests in and works with pioneering companies to expand their business footprint globally.  We are inspired by the potential of new technologies to accelerate social, economic and employment growth around the world.  We are experienced technology entrepreneurs who seek out visionaries with cutting edge technologies for health care diagnostics, manufacturing, industrial operations, internet-of-things, robotics & automation, mobility, resource development, education, and growth products & services.  We leverage 40 years of venture experience and 100+ years of operating experience in over 100 companies, with multi-billion dollar exits, to help you succeed.

We are here to serve Entrepreneurs and help them build their businesses.  We bring Venture and Operating Experience to the challenges of scaling globally.  With diverse experience across industries and top executive roles, we work with you to expand your reach to global markets using BlueVine capital, expertise and relationships.  Above all, we invest in people – we help you build your team.

BlueVine is headquartered in Silicon Valley, the epicenter of global technology innovation.  Our goal is to be great people for you to work with.  We believe that entrepreneurship plus capital has the power to facilitate social development goals and the global growth of economic opportunity, not just with the manufacturing of products and delivery of services, but more meaningfully by spreading the transformational power of innovation globally.  Let’s be successful together and give back to our global community.

BlueVine Ventures

Managing Director

Seismos is a technology provider for the oil & gas industry offering real-time, frac treatment and frac performance evaluation.  Our mission is to enable operators to achieve sustainable production increases and optimal production through cost-effective, scalable, software platforms and cloud based field instrumentation that power real-time data driven actions.

Seismos, Inc

Investor, Advisor

P2 Energy Solutions empowers the people who power the world. P2 is the world's largest software and technology company dedicated to the upstream oil and gas industry, with solutions spanning the entire value chain from exploration to decommissioning. More than 1,500 companies use P2 products and services daily to improve decision-making, gain clarity into complex workflow scenarios, and optimize upstream efficiency. With more than 80 years of experience in data and 30 years in software, P2 has offices around the world, and employs over 700 people.

In 2014, P2 Energy Solutions acquired Merrick Systems, a leading oil and gas software company which was founded and lead by Mr. Farid.

P2 Energy Solutions

Kraftwurx empowers designers and engineers around the world with the tools and technology to Turn Ideas Into Reality, produced on-demand using 3D printing.  It's a passion we've held since 2006 when we created Digital Factory, which powers online retailers of 3D printed products. This technology minimizes waste, which is why we believe that 3D printing will change the world. We have a low carbon footprint because we produce locally, often in your own city or state, reducing transportation and shipping costs.

Kraftwurx

Investor, Advisory Board Member

TiE Houston is a non-profit, global community welcoming entrepreneurs from all over the world. We believe in the power of ideas to change the face of entrepreneurship and growing business through our five pillars; mentoring, networking, education, incubating and funding. TiE was founded in 1992 by a group of successful entrepreneurs and is currently the world’s largest entrepreneurial organization. With programs like TiE Young Entrepreneurs (TYE) and Mentor Match, we are reaching out and fostering the next generation of entrepreneurs.

Charter Member

The Organization of Pakistani Entrepreneurs (OPEN <a href="http://www.openhouston.org">http://www.openhouston.org</a>) is a voluntary not-for-profit association dedicated to the promotion of entrepreneurship and professional excellence within the Pakistani-American community.  The organization was formed in 1998 by a group of Pakistani-American entrepreneurs and corporate executives and registered in Massachusetts in 2000.  

The association's charter is to provide networking opportunities and enhanced business opportunities for entrepreneurs and professionals of Pakistani heritage in North America.  OPEN meetings and events are open to the public. OPEN has chapters in Boston, Silicon Valley, Washington DC, Houston, Chicago and New York.

OPEN Houston

Charter Member, Board of Directors Member

Farid Ventures is the Family office of Kemal Farid, Samina Farid and Khalid Farid.  Samina and Kemal are an aunt/nephew team who have been recognized US gulf-coast technology entrepreneurs and investors for decades.  FV provides capital and advisory services for early and growth-stage enterprises providing technology and services in industrial, scientific and financial domains.  FV portfolio investments and founder history include P2 Energy Solutions, Uber, GeoScale, Seismos, Abbey Research, Kraftwurx, YouPlus, Zhongmen Group, WaveGuide, Axon, SURGE Ventures, Merrick (P2), RigHand (V&M), OVS Group (MBO) and Shiv Om Consultants (Ryan).

Farid Ventures

Founded in 1927, the University of Houston is the leading public research university in the vibrant international city of Houston.

Farid serves the Electrical Engineering Technology and the Bauer and Wolff Business departments at the University of Houston.  Chairs the Industrial Advisory Board of the electrical and computer engineering department.

University of Houston

Chair of College of Electrical Engineering Technology Industrial Advisory Board

The Society of Petroleum Engineers is a professional society serving 130-thousand members around the world.

Farid has been appointed by the SPE President to serve the SPE Membership and Board in several Chair and leadership positions including the Digital Energy Technical Section, the Technical Communities Coordinating Committee, the Online Communities Coordinating Committee, the Real Time Optimization Technical Interest Group and other committees.

Society of Petroleum Engineers

Chairmanship of Committies and the Digital Energy Technical Section

Zhongmen Group is a financial firm exclusively dedicated to facilitating institutional-scale outbound direct investment (ODI) from China to global markets abroad. Our relationships and insights allows us to identify growth-stage international opportunities capable of realizing significant synergy with Chinese capital partners.

Zhongmen Group

Investor, Board of Directors Member

Shiv Om Consultants was an adviser and consultant to major integrated oil and gas companies and independents with services resulting in increased net operating revenue through the reduction of oil and gas severance taxes and royalty burdens.  Services included operations and financial analysis, tax planning, representing clients through tax audit processes, and consultation on tax, royalty, and regulatory compliance.  Mr. Farid conducted a restructuring and growth strategy implementation.  Shiv Om was acquired by Ryan, the leading US tax compliance firm.

Shiv Om Consultants

Investor, President and CEO, Board Member

GeoScale provides advanced technology solutions to the oil & gas exploration and production industry, solving crucial issues in deepwater and shale plays. The company’s strong geoengineering and geoscience expertise and patented technology solutions enable oil & gas operators to extract hydrocarbons from complex deepwater and shale environments more efficiently. 

Specialties include multi-scale geo-mechanics coupled simulation and drilling planning for sub-salt and hydraulically fractured reservoirs.

GeoScale

Dexa Systems' Cyber Security Solution protects organizations from unauthorized intruders and data thieves, with a focus on globally distributed industrial and critical infrastructure protection.  Dexa Systems' Identity Access and Management Solution delivers turnkey credential management for strong 2 factor authentication with global logistical support.

Dexa Systems

Advisory Board Member

Houston Technology Center (HTC) is a 501(c)(3) non-profit organization that supports the Texas Gulf Coast region's entrepreneurs in order to accelerate the growth of emerging technology companies for the purpose of creating jobs and promoting economic development in the greater Houston area.  Farid serves HTC as a volunteer and ambassador.

Houston Technology Center

SURGE Ventures is the leading seed stage venture fund and mentor-driven accelerator located in the Energy Capital that enables entrepreneurs to solve the world’s energy problems. 

In September 2014, SURGE won the inaugural Growth Accelerator Fund competition sponsored by the US Small Business Administration and was recently listed as one of the country’s top ten accelerator funds.

SURGE Ventures

Investor, Mentor

Merrick was the US market leader in oil and gas production data management and hydrocarbon accounting software. Farid founded and served Merrick in many roles including designing its core products and as the company's President and CEO.  Merrick’s software products, now part of P2 Energy Solutions, manage one third of the US oil and gas production and are used worldwide.

Merrick was acquired by P2 Energy Solutions in December of 2014. Merrick was a software development and professional services company based in Houston, founded in 1989 and launched with its first product in 1992. Merrick served the up-stream and mid-stream oil and gas industry in the area of production operations, reservoir management and drilling operations for over two decades. Merrick provided technology products and services to over 150 customers worldwide include the major integrated producers, national oil companies, independent producers, drilling companies and oilfield service companies.

Merrick’s products included the Production Manger suite composed of ProCount for hydrocarbon accounting and allocations; eVIN and Carte for field operations, surveillance and optimization; numerous regulatory compliance modules for production and health-safety-environmental compliance; and RIO for reservoir management and field acquisition and divestiture planning.

Merrick

Founder, CEO, Board of Directors Member

NI hardware and software delivers modular and easy-to-use solutions for a wide variety of applications ranging from simple data logging to high-performance automated test, industrial control, and advanced embedded control and monitoring.  Farid served NI as the manager of applications engineering for the VXI-based control systems used primarily in aerospace and defense applications.