Katelyn Donnelly
I lead Avalanche, a private investment firm based in Austin. I invest in technology companies at structural inflection points — the moments where pressure has been building invisibly, and movement becomes inevitable. Recent notable companies include Aalo Atomics, Science, and OdysseyToday, I hold a concentrated portfolio across government infrastructure, defense-adjacent deep tech, and the ownership economy. I serve on the board of Wabash Valley Resources, a DOE-backed carbon-neutral ammonia facility in Indiana.I got here by doing the work. I co-founding Delivery Associates, a global public-sector advisory firm that grew to over 200 employees across 40+ countries and exited to Private Equity in 2022. I also led a $65M global venture fund at Pearson. I started my career first at McKinsey and Morgan Stanely after studying economics at Duke. Across it all, the thread has been the same: complex markets, real infrastructure, a focus on implementation, and the conviction that the biggest shifts happen before most people notice.The most important thread, though, is people. Everything here was built alongside amazing people. The rest is detail.Roughtly every week I publish Declarative Statements, a newsletter on whatever is currently holding my attention.
