The Scherzer Deal Report: June 21-25, 2021

Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.

PE and VC Firms

GI Partners
$3.9B
Ninth private equity fund

Golden Ventures
$120M
Fourth seed-stage fund ($100M) and a later-stage fund ($20M)

Social Leverage Capital
$99M
Fourth seed-stage fund

Vida Ventures
$825M
Third fund

Private Equity Investors

Cinven
Arcaplanet
Undisclosed
Italian pet care retailer

BDT Capital Partners
Brunswick
Undisclosed
British financial comms firm

One Equity Partners
Brush Group
Undisclosed
British provider of electrical power generation equipment and services

KKR
Education Perfect
Undisclosed
New Zealand-based online education company

CVC Capital Partners
ExamWorks
Undisclosed
Atlanta, GA-based provider of medical exams, peer reviews and related services

Falfurrias Capital Partners
Hamilton Place Strategies
Undisclosed
Washington, DC-based public affairs firm formed by Bush 43 alumni

EagleTree Capital
Integreon
Undisclosed
New York, NY-based managed services provider

Sunstone Partners
MeetingPlay
$75M
Frederick, MD-based hybrid event platform

KKR
My Community Homes
Undisclosed
Miami, FL-based single-family landlord platform

Apax Digital
Revolution Prep
Undisclosed
Santa Monica, CA-based provider of online academic tutoring and test prep services

KKR
Vini Cosmetics
$625M
Dubai-based cosmetics

Venture Capital Investors

Breakthrough Energy Ventures, Energy Impact Partners, Building Ventures
Aeroseal
$22M
Dayton, OH-based developer of building seals to reduce carbon emissions

Goldman Sachs Asset Management, DTCP, eFounders, Draper Esprit, Adam Street Partners, NextWorldCap, Gaia
Aircall
$120M
New York, NY-based provider of cloud phone systems for call centers and sales teams

Insight Partners, Playground Global, Uncorrelated Ventures
Anjuna
$30M
Palo Alto, CA-based enterprise enclaves startup

SoftBank Latin America Fund, General Catalyst, Base Partners
Atom Finance
$28M
New York, NY-based investment research platform

Vensana Capital, LRVHealth, New Leaf Venture Partners, DigiTx Partners, the American College of Cardiology, Cigna Ventures
Cleerly
$43M
New York, NY-based developer of coronary imaging tech

Insight Partners, Trinity Ventures, Shasta Ventures, Madrona Venture Group
CommerceIQ
$60M
Palo Alto, CA-based e-commerce merchandising decision platform for consumer brands

Mission Holdings, Mastercard, Ally Ventures, Goldman Sachs, Sallie Mae
Deserve
$50M
Palo Alto, CA-based digital credit card provider

Lux Capital, Two Sigma Ventures, Hummingbird VC, Catalio Capital, Lifeforce Capital, True Ventures, Wireframe Ventures, Village Global
Enveda Biosciences
$51M
Boulder, CO-based platform drug discovery search engine for dark chemical space

Permira, HubSpot Ventures, Salesforce Ventures, Accel, Emergence, IVP
|G2
$157M
Chicago, IL-based software marketplace

Park West Asset Management, Franklin Templeton, Adage Capital Management, Ulysses Management, T. Rowe Price
GOAT
$195M
Culver City, CA-based sneaker and streetwear resale marketplace

Thoma Bravo, Franklin Templeton, Hamilton Lane, Blue Owl Capital
Illumio
$225M
Sunnyvale, CA-based zero trust cybersecurity company

Warburg Pincus, CPE, OrbiMed, Mirae Asset Capital, B Capital Group, Deerfield Management, Maison Capital, Lake Bleu Capital, President International Development Corporation, Sequoia Capital China, Sage Partners, Qiming Venture Partners, Pavilion Capital, Eight Roads Ventures, Lilly Asia Ventures, Sinovation Ventures, BOLD Capital Partners, Formic Ventures, Baidu Ventures
Insilico Medicine
$255M
Hong Kong-based drug development and discovery platform

LLR Partners
JW Player
$100M
New York, NY-based online video software provider

Wellington Management
Lendbuzz
$60M
Boston, MA-based auto finance platform

Valar Ventures, Avid Ventures, Heartcore Capital
Majority
$19M
Houston, TX-based provider of mobile banking services for migrants

Learn Capital
Merlyn Mind
$29M
New York, NY-based developer of digital assistants for education

Inventus Capital Partners, Material Impact, Beringea, Wakestream Ventures
Orbion Space Technology
$20M
Houghton, MI-based electric propulsion startup

Stripes Group, Avid Ventures, Emergence Capital, The Slack Fund
Oyster
$50M
London-based HR platform for distributed workforces

Acrew Capital, Mudabala Capital
Paceline
$29.5M
Mill Valley, CA-based fitness rewards platform

Insight Partners, Andreessen Horowitz, SignalFirePlanetScale$30MSan Francisco, CA-based scaled database startupAddition, In-Q-Tel
Primer
$110M
San Francisco, CA-based natural language processing platform whose clients include U.S. national security agencies

Glenview Capital, Novo Holdings, BlackRock, Eldridge, Sands Capital, Millennium Management, Monashee Investment Management, Puhua Capital, Segulah Medical, Ancora, Orlando Health, Wellington Partners, btov, Seroba Life Sciences, The Grands
Quanta Dialysis Technologies
$245M
Beverly, MA-based dialysis care startup

Citi Impact Fund, Edison Partners, Cue Ball, Greenspring Associates, Gaingels, the Partnership for New York City
Recycle Track Systems
$35M
New York, NY-based waste and recycling management company

Tiger Global, Base10 Partners, Hyde Park Venture Partners, Gaingels
RoadSync
$30M
Atlanta, GA-based logistics-focused financial platform

Builders VC
SafeAI
$21M
Milpitas, CA-based developer of autonomous heavy equipment

Iconiq Growth, Lead Edge Capital, Threshold Ventures, Heavybit, Alliance Ventures
Sanity
$39
MSan Francisco, CA-based content repurposing platform

Blockchain Capital, Morgan Stanley Tactical Value
Securitize
$48M
Miami, FL-based digital asset securities firm

TTV Capital, Javelin Venture Partners, Contour Venture Partners, Citi Ventures, New York Life Ventures, North Bridge Venture Partners, CMFG Ventures
SmartAsset
$110M
New York, NY-based financial adviser marketplace

Craft Ventures, Andreessen Horowitz, General Catalyst, YC
Snackpass
$70M
San Francisco, CA-based social e-commerce platform for restaurants

tbd
Songtradr
$50M
Los Angeles, CA-based music licensing marketplace

Jump Capital, Impression Ventures, Hudson River Trading, Tower Research Ventures
Sporttrade
$36M
Philadelphia, PA-based sports betting marketplace

Redmile Group, BeiGene and Camford Capital co-led, and were joined by Playground Global and ANRI
Strand Therapeutics
$52M
Cambridge, MA-based mRNA therapeutics startup

Accel, Lightspeed Ventures
Tonkean
$50M
San Francisco, CA-based business operation automation startup

Insight Partners, General Atlantic, Cyberstarts, Geodesic, SYN Ventures, Vintage, Artisanal Ventures
Transmit Security
543M
Newton, MA-based provider of passwordless identity and risk management solutions to brands

LLR Partners
VTS
$70M
Commack, NY-based fleet management platform

July 2nd, 2021|Scherzer Deal Report|

The Scherzer Deal Report: June 14-18, 2021

Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.

PE and VC Firms

Bertram Capital
$940M
Fourth lower midmarket PE fund

Flagship Pioneering
$3.4B
Seventh fund

G2 Venture Partners
$500M
Second fund

Lead Edge Capital
$150M
First public equities fund

LGT Capital Partners
$4.5B
Fifth private equity secondaries fund

Princeton Equity Group
$350M
Debut fund

SOSV
$100M
Select reinvestment fund

Topspin Consumer Partners
$205M
Second private equity fund

Private Equity Investors

Clearlake Capital Group
Confluence
Undisclosed
Pittsburgh, PA-based financial services data management platform

GHK Capital Partners
ITS Logistics
UndisclosedSparks, NV-based third-party logistics company

Oaktree Capital Management
Primary Wave Music
UndisclosedNew York, NY-based music publishing and talent management company

Venture Capital Investors

Signal Peak Ventures, GSV Ventures, Maveron, Backstage Capital​, Pelion Venture Partners
BookClub
$20M
Alpine, UT-based platform for author-led book clubs

Insight Partners, Cambridge Capital, GLP, Harlap, Next 47, Pereg Ventures, Salesforce Ventures, Viola Growth
Bringg
$100M
Chicago, IL-based delivery and fulfillment cloud platform

Bond, Insight Partners, Accel
BrowserStack
$200M
Plano, TX-based software testing platform

Bessemer Venture Partners, Standard Industries, LG Corp., Temasek
Claroty
$140M
New York, NY-based industrial cybersecurity company

Canaan Partners, NextGen Venture Partners, Baseline Ventures, Root Ventures, Cantos Ventures
Dusty Robotics
$16.5M
Mountain View, CA-based construction robotics startup

Two Bear Capital, AllegisCyber Capital, Panaseer, Atlantic Bridge
Elisity
$26M
Milpitas, CA-based enterprise edge security platform

Insight Partners, Lightspeed Venture Partners, Lux Capital, Haystack Ventures, Bloomberg Beta, Lockheed Martin, The Alexa Fund
Fiddler AI
$32M
Palo Alto, CA-based model performance management platform

Accel, Eight Roads, Intel Capital, Magma Venture Partners, PICO Partners
Gloat
$57M
New York, NY-based talent marketplace

JMI Equity
Greenlight Guru
$120M
Indianapolis, IN-based provider of quality management software for the medical device success market

General Atlantic, Generation Investment Management, Greyhound Capital, Felicis Ventures, Propel Ventures
Guideline
$200M
San Mateo, CA-based provider of 401(k) plans for SMBs

QED Investors, Backstage Capital, Green Book Ventures, Harbert Growth Partners, How Women Invest
Hello Alice
$21M
Houston, TX-based analytics platform for small business

SoftBank Vision Fund 2, Dragoneer, Goodwater Capital, Founders Fund,
FloodgateIRL
$170M
San Francisco, CA-based social calendar app

G2 Venture Partners, BlackRock, GV, Index Ventures, Greenoaks Capital, Scale Venture Partners
KeepTruckin
$190M
San Francisco, CA-based provider of fleet management software

Versant Ventures, RA Capital Management
Lenz Therapeutics
$47M
San Diego, CA-based developer of aceclidine eye drops for improving near vision

GP Bullhound, HV Capital, Ravensburger
Lingokids
$40M
Wilmington, DE-based early learning platform

Teradyne, Ridgeline Ventures, Tola Capital, Hyperplane
MachineMetrics
$20M
Northampton, MA-based autonomous machining startup

Renegade Partners, Forerunner Ventures, Coatue, Canaan PartnersNate$38MNew York, NY-based shopping appEurazeo, GV, One Peak Partners, Creandum, Greenbridge, DTCP, Lightrock
Neo4j
$325M
San Mateo, CA-based graph database company

Valar Ventures, Crosslink Capital, Rainfall Ventures, Red Sea Ventures, BoxGroup
Novo
$41M
Miami, FL-based small business banking platform

Tiger Global, Owl Rock Capital, the Collison brothers, Citi Ventures, Slack Fund, 8VC, Round13 Capital
Nylas
$120M
San Francisco, CA-based developer of APIs to integrate productivity tools

Insight Partners
PayCargo
$125M
Coral Gables, FL-based freight payment platform

World Innovation Lab, DBL Partners
R-Zero
$41M
San Francisco, CA-based maker of UV disinfecting machines for commercial and institutional customers

Avataar Venture Partners, Accel, GV
Sense
$16M
San Francisco, CA-based recruiting platform

General Catalyst, Bowery Capital, Slow Ventures
Stork Club
$30M
San Francisco, CA-based maternity care platform

Index Ventures, Redpoint Ventures
Transform
$20M
San Francisco, CA-based centralized metrics platform for companies

Andreessen Horowitz, First Round Capital, AccelUserLeap$38MSan Francisco, CA-based user feedback platform
SoftBank Vision Fund 2
Vianai Systems
$140M
Palo Alto, CA-based AI startup

Tiger Global, Alphabet, Andreessen Horowitz, AutoNation, CPP Investment Board, Fidelity, Magna International, Mubadala Investment Co., Perry Creek Capital, Silver Lake, T. Rowe Price Associates, Temasek
Waymo
$2.5B
Mountainside View, CA-based developer of self-driving car

Marker
Wristcam
$25M
San Mateo, CA-based maker of Apple Watch accessories

June 25th, 2021|Scherzer Deal Report|

The Scherzer Deal Report: June 1-4, 2021

Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.

PE and VC Firms

Architect Capital
$100M
Debut fund

Frazier Healthcare Partners
$1.4B
Tenth midmarket buyout fund

Keystone Capital Management
$420M
First institutional fund

Local Initiatives Support Corporation (LISC)
$250M
Black Economic Development Fund

Luminate Capital Partners
$1B
Third fund

Mercato Partners
$100M
Second fund

Paceline Equity Partners
$350M
First opportunities fund

TA Associates
$12.5B
Fourteenth flagship fund

Toyota Ventures
$150M
Pair of new, $150 million VC funds: One focused on frontier tech, another on climate tech

Tuesday Capital
$30M
Fourth VC fund

VenBio
$550M
Fourth life sciences VC fund

Private Equity Investors

Wind Point Partners
American Trailer Rental Group
Undisclosed
Walton, KY-based trailer rental company

Clearlake Capital Group
BeyondTrust
Undisclosed
Johns Creek, GA-based provider of privileged access management software

Searchlight Capital Partners
Care Advantage
Undisclosed
Richmond, VA-based at-home care provider

York Capital Management
Cennox
Undisclosed
Atlanta, GA-based ATM machine and self-checkout kiosk maker

Sun Capital Partners
Century Distribution Systems
Undisclosed
Glen Allen, VA-based provider of supply chain management and freight forwarding services

Platinum Equity
Club Car
$1.7B
Augusta, GA-based golf cart maker

Apollo Global Management
EmployBridge
UndisclosedAtlanta, GA-based industrial staffing company

Warburg Pincus
Global Healthcare Exchange
Undisclosed
Louisville, CO-based healthcare supply chain management firm

The Blackstone Group
International Data Group
$1.3B
Needham, MA-based provider of tech content, data and market research

Swander Pace Capital
Mommy’s Bliss
Undisclosed
Richmond, CA-based OTC wellness brand for families

The Carlyle Group, Warburg Pincus
NeoGov
Undisclosed
El Segundo, CA-based provider of public sector HR management and policy management software

ECP
Pivot Energy
Undisclosed
Denver, CO-based commercial and community solar developer

Cerberus Capital Management
Red River
Undisclosed
Claremont, NH-based provider of IT management solutions

Arcline Investment Management
Resolution Medical
Undisclosed
Fridley, MN-based contract development and manufacturing organization for med-tech

Yellow Wood Partners
Scholl
Undisclosed
Chicago, IL-based footcare products brand

Incline Equity Partners
Starwest Botanicals
Undisclosed
Sacramento, CA-based distributor of organic botanicals, herbs, and spices

Venture Capital Investors

Riverwood Capital, Sanabil Investments, Snowflake Ventures, Costanoa Ventures, Dell Technologies Capital, Salesforce Ventures, Sapphire Ventures
Alation
$110M
Redwood City, CA-based collaborative enterprise data platform

VMG
Bobbie
$15M
San Francisco, CA-based organic infant formula startup

QED Investors, Bling Capital, ScifiVC, Caffeinated Capital
Capchase
$125M
New York, NY-based provider of non-dilutive capital

SVB Capital, Deciens Capital, Ribbit Capital, Bezos Expeditions, One Way Ventures, 500 Startups, Tribe Capital, Brue2 Ventures
Chipper Cash
$100M
San Francisco, CA-based cross-border payments company focused on Africa

Fidelity, Marshall Wace, Willett Advisors, Intersection Fintech Ventures, Atlas Merchant Capital, Digital Currency Group, FTX, Breyer Capital, Valor Capital Group, Pillar VC
Circle
$440M
Boston, MA-based provider of payment and treasury infrastructure solutions for online businesses

The Rise Fund
Climavision
$100M
Louisville, KY-based weather services and intelligence platform

Franklin Templeton, Coatue, Salesforce Ventures, Sequoia, Thrive Capital, Tiger Global
Gong
$250M
Palo Alto, CA-based revenue intelligence startup

Bessemer Venture Partners, Cowboy Ventures, D1, Emerson Collective, General Catalyst, GSV, Harrison Metal, ICONIQ, Redpoint Ventures, Salesforce Ventures
Guild Education
$150M
Denver, CO-based education benefits platform

Eldridge
Illuminarium Experiences
$100M
Atlanta, GA-based experiential entertainment company

Andreessen Horowitz, YC Continuity Fund, Jaguar Ventures, Urban Innovation Fund, Uncorrelated Ventures, Clocktower Ventures, Stanford University, 9 Yards Capital, BlockFi Ventures
Jeeves
$26M
New York, NY-based expense management platform

Insight Partners, Velvet Sea Ventures
LeoLabs
$65M
Menlo Park, CA-based orbital object tracking startup

GIC, Qualcomm Ventures, Tiger Global, Falcon Edge
Locus
$50M
San Francisco, CA-based supply chain decision-making automation platform

Goldman Sachs, IA Capital, Moderne Ventures, Accomplice, Link Ventures, Motley Fool Ventures, CMFG Ventures
MotoRefi
$45M
Washington, DC-based auto loan refinancing platform

Invesco Real Estate
Mynd
$40M
Oakland, CA-based property management platform for single-family rentals

Brookfield Property Group, Maywic, Fantail Ventures, Raga Partners
New Stand
$40M
New York, NY-based physical vending product developer

Premji Invest, Steadfast Capital, Tiger Global Management, Sequoia Capital Global Equities, Vista Public Strategies, Salesforce Ventures, Lone Pine Capital, Sands Capital, Mayfield Fund, DFJ Growth, Trinity Ventures
Outreach
$200M
Seattle, WA-based sales engagement platform

Warburg Pincus
Phil
$56M
San Francisco, CA-based software therapy deployment platform

Coatue, Primary Ventures, Semper Virens, First Round Capital, Upfront Ventures
Pinwheel
$20M
New York, NY-based the payroll API

Goldman Sachs, Emergence Capital, Girteka, Lineage Logistics
Project44
$202M
Chicago, IL-based supply chain logistics company

HAHN Automation, SAIC Capital Management, Soundproof Ventures, Heroic Ventures, SPARX Asset Management, Omron Ventures, Toyota AI Ventures, Scrum Ventures, Duke Angels
Realtime Robotics
$31.4M
Boston, MA-based industrial robotics startup

Ten Eleven Ventures, Valor Equity Partners, SVB Capital
Redacted
$35M
San Francisco, CA-based cybersecurity startup

Vivo Capital
Scientia
$50M
Salt Lake City, UT-based developer of microcatheters and guidewires

Andreessen Horowitz, YC, Craft Ventures, M13, Padma Lakshmi, Tiffany Haddish, Andre Iguodala
Shef
$20M
San Francisco, CA-based meal delivery marketplace for home chefs

Bessemer Venture Partners
Shippo
$50M
San Francisco, CA-based provider of shipping software

Lightspeed Venture Partners, Salesforce Ventures, Stripes, Norwest Venture Partner
Spiff
$68M
Salt Lake City, UT-based provider of sales commission software

Zigg Capital, Bessemer Venture Partners, Scale Venture Partners
Spruce
$60M
New York, NY-based title and residential closing tech platform

Sporos Bioventures
Stellanova Therapeutics
$15.5M
Houston, TX-based cancer biotech

Fin VC, Mastercard, Gaingels, Lightspeed Venture Partners, Diagram Ventures, SciFi Ventures, Scribble Venture
Synctera
$33M
San Francisco, CA-based fintech platform for banks

HealthQuest Capital, Mousse Partners, Bracket Capital, Polaris Partners, Johnson & Johnson Northzone, Greycroft
Thirty Madison
$140M
New York, NY-based maker of products for chronic health conditions

Accel, Bessemer Venture Partners, Cota Capital, Eldridge Industries
Truebill
$45M
Silver Spring, MD-based personal finance management app

Norwest Venture Partners, Sapphire Ventures, ServiceNow Ventures
Uptycs
$50M
Waltham, MA-based cloud-native security analytics platform

Tarsadia Investments, Kingfisher Investment, Top Tier Capital Partners, Gaingels, Edison Partners, Soros Fund Management, Greenspring Associates, Raine Ventures, Greycroft, Expansion VC
Yieldstreet
$100M
New York, NY-based alternative investing platform

June 9th, 2021|Scherzer Deal Report|

The Scherzer Deal Report: May 24-28, 2021

Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.

PE and VC Firms

Accolade Partners
$200M
Fund-of-funds focused on women and diverse managers

BBH Capital Partners
$1.215B
Sixth fund 

Branford Castle Partners
$202.5M
Second fund

Collab Capital
$50M
Debut fund

Entrepreneurial Equity Partners
$423M
Debut fund

First Move Capital
$150M
New fund

HarbourVest Partners
$833M

Second credit opportunities fund

Private Equity Investors

BDT Capital Partners
Culligan
Undisclosed
Rosemont, IL-based provider of consumer-focused water treatment products

Thoma Bravo
Greenphire
Undisclosed
King of Prussia, PA-based provider of financial lifecycle management software for clinical trials

Ranch Creek Partners
InSite Telecom
Undisclosed
Orange, CA-based provider of wireless and wireline telecom construction, installation and maintenance services

L Catterton
Kodiak Cakes
Undisclosed
Park City, UT-based pancake mix

Swander Pace Capital
Mighty Spark
Undisclosed
Minneapolis, MN-based protein snacks brand

Morgan Stanley Capital Partners
Nivel Parts & Manufacturing
Undisclosed
Jacksonville, FL-based maker of branded aftermarket parts for vehicles

Trive Capital
Oscar Larson
Undisclosed
Clarkson, MI-based provider of fuel infrastructure equipment distributor and services provider

Morgan Stanley Capital Partners
Sila
Undisclosed
King of Prussia, PA-based HVAC company

Odyssey Investment Partners
The Planet Group
Undisclosed
Chicago, IL-based professional services organization

SK Capital Partners
Valentus Specialty Chemicals
Undisclosed
North Brunswick, NJ-based wood coatings company

Venture Capital Investors

Benchmark, 8VC, Accel, SV Angel, Y
Airbyte
$26M
San Francisco, CA-based data connector platform

Coatue, Iconiq, Energize Ventures, Fifth Wall
Aurora Solar
$250M
San Francisco, CA-based solar panel installation startup

Fidelity, Amplo, Gaingels, GV, General Catalyst, GGV Capital, Temsek, Groupe Artémis
Bowery Farming
$300M
New York, NY-based vertical farming company

Bessemer Venture Partners, Founders Fund, Breyer Capital, Threshold
Clearing
$20M
New York, NY-based digital healthcare platform for chronic pain

GGV Capital, Xfund, Bold Capital
Curebase
$15M
Walnut, CA-based provider of decentralized clinical trial software

Intermediate Capital Group, RA Capital Management, Access Biotechnology, Samlyn Capital, Acorn Bioventures, LifeArc
Eliem Therapeutics
$60M
Redmond, WA-based biotech focused on neuronal excitability disorders

Tiger Global, Addition, Fifth Wall, MetaProp, Gaingels, Declaration Partners, ACME Capital, Redesign Health
Ever/Body
$38M
New York, NY-based cosmetic dermatology provider

Tiger Global, Third Point Ventures, Adage Capital Management, Bessemer Venture Partners, Sequoia Capital, March Capital, NewView Capital, Salesforce Ventures, Scale Venture Partners
Forter
$300M
New York, NY-based provider of e-commerce fraud prevention solutions

Farallon Capital Management, Soleus Capital
GenapSys
$70M
Redwood City, CA-based developer of gene sequencing equipment

Norwest Venture Partners, Adams Street, Javelin, LiveOak Venture Partners
Homeward
$136M
Austin, TX-based residential home-buying enablement platform

LL Fund, Insita Group
Leif
$60M
New York, NY-based education access company

Cormorant Asset Management, HBM Healthcare, Octagon Capital Advisors, EcoR1 Capital, Perceptive Advisors, Wellington Management, Ally Bridge Group, Pavilion Capital, BlackRock, RA Capital Management, Surveyor Capital, Samsara BioCapital, PFM Health Sciences, Invus, Janus Henderson, Logos Capital, CBC Group, RTW Investments, Lilly Asia Ventures, Matrix Partners China, Casdin Capital
NiKang Therapeutics
$200M
Wilmington, DE-based developer of small molecule oncology medicines

Silver Lake, Oak HC/FT, Temasek, Novo Holdings
Noom
$540M
New York, NY-based weight and wellness app

SoftBank Vision Fund 2, Spark Capital, Victory Park Capital
Perch
$775M
Boston-based Amazon marketplace rollup platform

Bregal Sagemount
Printful
$130M
Charlotte, NC-based print-on-demand company

G2VP, International Finance Corp., IDB Invest, Anterra Capital, Coventure, Astanor Ventures, IGNIA, Finister
ProducePay
$43M
Los Angeles, CA-based financing and marketplace platform for the fresh produce market

Salesforce Ventures, Norwest Venture Partners, Redpoint Ventures
Qualified
$51M
San Francisco, CA-based website user visibility platform for sales and marketing teams

Tiger Global, Menlo Ventures, Frontline Ventures, MHS Capital, Operator Partners, Sorenson Ventures, Storm Ventures
Qualio
$50M
San Francisco, CA-based provider of quality management system software for life sciences

YC Continuity Fund, Index Ventures, SaaStr, Oakhouse, Adjacent, FundersClub
RevenueCat
$40M
San Francisco, CA-based provider of in-app subscription tools

Andreessen Horowitz, Haystack, Upside Partnership
Rewatch
$20M
San Francisco, CA-based enterprise video platform

Ten Coves Capital, Centana Growth Partners, Studio Management
Sentieo
$20M
San Francisco, CA-based financial and corporate research platform

Level Equity
SevenFifty
$23M
New York, NY-based supply chain platform for the alcoholic beverage market

Lafayette Square
Sharebite
$15M
New York, NY-based workplace food ordering platform

Tiger Global, Sequoia Capital, YC, F-Prime, Maverick, Alkeon, Wellington Management
Snapdocs
$150
MSan Francisco, CA-based digital mortgage closing platform

Andreessen Horowitz, Mubadala, DST Global, 01 Advisors, Dragoneer Investment Group, Franklin Templeton
SpotOn
$125M
San Francisco, CA-based provider of point-of-sale payment solutions

YC Continuity, Andreessen Horowitz, Animal Capital
Whatnot
$50M
Los Angeles, CA-based live-streamed collectibles marketplace

B Capital Group
Yalo
$50M
San Francisco, CA-based conversational commerce platform

SoftBank Vision Fund 2, Sodexo
Zeta
$250M
San Francisco, CA-based banking tech startup

June 2nd, 2021|Scherzer Deal Report|

The Scherzer Deal Report: May 17-21, 2021

Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.

PE and VC Firms

7wire Ventures
$150M
Second fund

Bain Capital Ventures
$1.3B
Ninth fund

IVP
$1.8B
17th growth-stage fund

KKR
$18.5B
13th North America buyout fund

Top Tier Capital Partners
$360M
Europe-focused fund

White Star Capital
$50M
Debut fund

Private Equity Investors

Ares Management
Black Creek Group
Undisclosed
Denver, CO-based real estate management firm

Abry Partners
Concentrix Insurance Solutions
Undisclosed
Greenville, SC-based insurance third-party administration operations and software platform

AE Industrial Partners
Cross-Fire
Undisclosed
Brooklyn, NY-based fire and life safety company

H.I.G. Capital
eHealth
$225M
Santa Clara, CA-based online marketplace for health insurance

KKR
ERM
$2.7B
London-based local sustainability consultant firm

OMERS Private Equity
Gastro Health
$950M
Miami, FL-based gastroenterology physician practice management firm

Accel-KKR
GPS Insight
Undisclosed
Scottsdale, AZ-based provider of fleet management software

Roark Capital
Nothing Bundt Cakes
Undisclosed
Dallas, TX-based franchisor and operator of bundt cake bakeries

SFW Capital Partners
Pion
Undisclosed
Billerica, CA-based provider of analytical instrumentation for formulation development and quality control in life sciences

KKR
Therapy Brands
Undisclosed
Birmingham, AL-based provider of mental and behavioral health practice management software

BlackRock Long Term Private Capital
Transaction Data Systems
Undisclosed
Orlando, FL-based provider of pharmacy software

Genstar Capital
Vector Solutions
Undisclosed
Tampa, FL-based provider of training and risk management solutions

Venture Capital Investors

Insight Partners, Venrock
Altruist
$50M
Los Angeles, CA-based digital platform for registered investment advisors

Fidelity, Dragoneer, John Doerr, March Capital, Emergence Capital, Euclidean Capital, HOF Capital, Telstra Ventures, 40 North Ventures
ASAPP
$120M
New York, NY-based provider of call center software

Fifth Wall, Ironspring Ventures, Tola Capital
Assignar
$20M
Denver, CO-based construction ops management platform

Cormorant Asset Management, OneVentures
Bivacor
$19M
Houston, TX-based developer of magnetic artificial hearts

RRE Ventures, Fin VC, Gaingels, Hack VC, Greycroft, Coatue, Conversion Capital
Boost Insurance
$20M
New York, NY-based B2B digital insurance platform

Draper Esprit, Astanor Ventures, Lowercarbon Capital, Future Positive Capital, Magnus Rausing, TIME Ventures
Cervest
$30M
London-based climate risk quantification startup

ALIVE Israel HealthTech Fund
Cynerio
$30M
New York, NY-based provider of healthcare IoT cybersecurity

Carrick Capital
DailyPay
$500M
New York, NY-based startup that helps employees and contractors receive daily payments

D1 Capital Partners, Maveron, Palm Tree Crew, Drake
Daring Foods
$40M
Wilmington, DE-based maker of plant-based chicken products

UBS O’Connor, K3 Ventures, Graphene Ventures
Eat Just
$170M
San Francisco, CA-based maker of plant-based egg products

Warburg Pincus, Town Hall Ventures, Echo Health Ventures, Mosaic Health Solutions
Eleanor Health
$20M
Waltham, MA-based outpatient addiction and mental health provider

Scale Venture Partners, Madrona Venture Group, Root Ventures, Ubiquity Ventures, Haystack
Esper
$30M
Bellevue, WA-based Android device management platform

10T Holdings, Morgan Creek Digital
Figure
$200M
San Francisco, CA-based consumer lending platform

SoftBank Vision Fund 2
Formlabs
$150M
Somerville, MA-based 3D printing company

D1 Capital Partners, SoftBank, Krillion Ventures
Heru
$30M
Miami, FL-based developer of wearable vision diagnostics and augmentation software

General Catalyst, Arbor Ventures, Khosla Ventures
Heyday
$70M
San Francisco, CA-based platform for acquiring and incubating marketplace-native brands

Bessemer Venture Partners, Index Ventures, Tusk Venture Partners, Rainfall Ventures, Teamworthy Ventures, Walkabout Ventures
Lithic
$43M
New York, NY-based developer of virtual payment cards

Andreessen Horowitz, Kleiner Perkins, Sequoia Capital, Coatue Management, General Catalyst, Iconiq Capital
Loom
$130M
San Francisco, CA-based workplace video messaging startup

Andreessen Horowitz
Maven
$20M
Austin, TX-based platform for cohort-based courses

GV, Norwest Venture Partners, GSR Ventures
OneNav
$21M
Palo Alto, CA-based mobile positioning system for devices

Capital Partners, Kaiser Permanente, General Atlantic, LabCorp, Bristol-Myers Squibb, Merck
PathAI
$165M
Boston, MA-based pathology tech startup

Updata Partners, Rittenhouse Ventures, LinkedIn
Piano
$88M
Philadelphia, PA-based customer analytics and subscription platform

Greenspring Associates
Pipe
$100M
Miami, FL-based B2B financing platform for SaaS companies

Tiger Global, I2BF Global Ventures, SOMA Capital
Portside
$17M
San Francisco, CA-based aviation business management platform

Kleiner Perkins, Founders Fund, SciFi, Caffeinated Capital, WorkLife Ventures, Background Capital, Avlok Kohli
Settle
$15M
San Francisco, CA-based provider of cash flow management solutions

nfraVia Capital Partners, Bpifranc
SightCall
$42M
San Francisco, CA-based virtual assistance platform

Group 11, Zeev Ventures, Migdal Insurance, Harel Group, AltaIR Capital, More Investment House
Sunbit
$130M
Los Angeles, CA-based “buy now pay later” tech startup

Wells Fargo Strategic Capital, Asahi Kasei, AAA, Gaingels, REACH
Super
$50M
San Francisco, CA-based provider of subscription-based homeowner services

Ribbit Capital, Sequoia CapitalVise$65MNew York, NY-based investment portfolio management platform

Aramco Ventures, Western Digital Capital
Wasabi
$25M
Boston, MA-based cloud storage startup

Coatue, Breakthrough Energy Ventures, The Westly Group, Grok Ventures
WeaveGrid
$15M
San Francisco, CA-based provider of EV deployment solutions

Lightspeed Ventures, Future Shape, CRV, Silverton Partners, Tusk Venture Partners, JPMorgan
Wheel
$50M
Austin, TX-based virtual healthcare recruiting platform

Baillie Gifford, Franklin Templeton, Founders Fund, Bedrock Capital, Andreessen Horowitz, Moore Strategic Ventures, 137 Ventures, Brookfield Growth Partners
Workrise
$300M
Austin, TX-based workforce management platform for skilled trades

Addition, Energy Impact Partners, GA Capital, Fourth Realm, Chevron Technology Ventures, LowerCarbon Capital
Zap Energy
$27.5M
Seattle, WA-based fusion energy startup

May 28th, 2021|Scherzer Deal Report|

The Scherzer Deal Report: May 10-14, 2021

Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.

PE and VC Firms

Deerpath Capital Management
$1.1B
Fifth senior debt fund


Perceptive Advisors
$515M
Second early-stage biotech VC fund


Orion Energy Partners
$1.08B
Third energy credit fund

Private Equity Investors

KKR
Box
$500M
Redwood City, CA-based cloud content management platform


Insight Partners Civic
Plus
Undisclosed
Manhattan, KS-based provider of local government interaction software


Regent LP
Club Monaco
Undisclosed
New York-based fashion retailer

SFW Capital
Granite River Labs
Undisclosed
Santa Clara, CA-based provider of test and certification services for digital connectivity and charging technologies


H.I.G. Capital
Homewerks
Undisclosed
Lake Bluff, IL-based provider of home improvement products


TPG Growth
Ideal Image
Undisclosed
Tampa, FL-based aesthetic brand


Apax
Nulo
Undisclosed
Austin, TX-based premium pet food brand


Godspeed Capital
Prime Engineering
Undisclosed
Atlanta, GA-based architecture, engineering, and surveying firm


Arlington Capital
Qarbon Aerospace
Undisclosed
Milledgeville, GA-based composites business of Triumph Group


TA Associates
Radiant Logic
Undisclosed
Novato, CA-based identity unification company


Nolan Capital
Rocky Mountain Recreation Co.
Undisclosed
Valencia, CA-based concessioner for campgrounds and lakes

The Jordan Co.
Spartech
Undisclosed
Maryland Heights, MO-based maker of acrylics and other engineered extruded plastics

Venture Capital Investors

CoVenture, Singh Capital Partners, Crossbeam
Acquco
$160M
Paramus, NJ-based Amazon marketplace rollup

Deerfield Management, Mayo Clinic
Adaptive Phage Therapeutics
$40.75M
Gaithersburg, MD-based biotech focused on infectious diseases

Warburg Pincus, B Capital, Foresite Capital, NEA, Flare Capital Partners
Aetion
$110M
New York, NY-based provider of real-world evidence analytics for biopharma

EQT Ventures, Accel, Emergence Capital, Salesforce Ventures
Airkit
$40M
Palo Alto, CA-based low-code digital customer experience platform

8VC, Two Sigma Ventures, Sherpa Healthcare Partners, Freeflow Ventures
Appia Bio
$52M
Los Angeles, CA-based allogeneic gene therapy startup

ABS Capital Partners
Apptopia
$20M
Boston, MA-based provider of mobile app market intelligence

SoftBank Vision Fund, Wells Fargo Strategic Capital, M12, PayPal Ventures.
Arkose Labs
$70M
San Francisco, CA-based provider of online fraud and abuse prevention solutions

Bain Capital
Axtria
$150M
Berkeley Heights, NJ-based provider of life sciences data analytics software

Mainstreet Investment, Cisco Investments, Temasek
Blind
$37M
Berkeley, CA-based professional social network and chat platform

Sixth Street, T. Rowe Price, Silver Lake, Fidelity, Coatue, Columbia Threadneedle Investments, CPPIB, Millennium Management, Neuberger Berman, Highland Capital Management, Rock Springs Capital, OrbiMed, ClearBridge Investments, Tudor, Eaton Vance, Pura Vida Investments, First Light Asset Management
Caris Life Sciences
$830M
Irving, TX-based precision medicines developer

General Catalyst, Sound Ventures
Collective
$20M
San Francisco, CA-based back-office platform for the self-employed

Perceptive Advisors, MSD Capital, Koch Strategic Platforms, J&J, Decheng Capital, CAVU Ventures, ACME Capital
Cue Health
$235M
San Diego, CA-based developer of portable health testing solutions

Sixth Street Growth
Drfirst
$50M
Rockville, MD-based e-prescribing platform

Maveron, Corner Ventures, Good Friends, Educapital
Engageli
$33M
San Mateo, CA-based online teaching platform

Third Rock Ventures, Boxer Capital, Nextech Invest, Casdin Capital, Invus Financial Advisors, Eventide Asset Management
Flare Therapeutics
$82M
Cambridge, MA-based developer of precision medicines for cancer

Flagship Pioneering, G Squared, Alexandria Venture Investments, Investment Corp. of Dubai, Rivas Capital, Banque Pictet, Pavilion Capital
Inari
$208M
Cambridge, MA-based plant breeding startup

Temasek, Bertelsmann Asia Investment Fund, Joy Capital, Nio Capital, Eight Roads Ventures, F-Prime Capital
Innovusion
$64M
Sunnyvale, CA-based lidar startup

Arch Venture Partners, Foresite Capital
Interline Therapeutics
$92M
San Francisco, CA-based biotech focused on protein communities

Flagship Pioneering
Laronde
$50M
Cambridge, MA-based developer of circular RNA solutions

Stripes, Norwest Venture Partners, First Round Capital, XYZ Ventures, Webb Investment Network, Dollar General
Legion
$50M
Redwood City, CA-based workforce management company

Group 11, Target Global, AltaIR
Lili
$55M
New York, NY-based provider of mobile banking services for freelancers

Norwest Venture Partners
MAËLYS
$30M
New York, NY-based DTC body care brand

Redpoint Ventures, GV, Obvious Ventures, Cowboy Ventures, Sound Ventures, Moxxie Ventures, Tina Sharkey
Nearby
$21M
Oakland, CA-based local e-commerce platform founded by April Underwood

KKR, Ten Eleven Ventures
NetSPI
$90M
Minneapolis, MN-based provider of enterprise penetration testing and attack surface management

Bain Capital Life Sciences, Fidelity, Wellington Management, Viking Global, Janus Henderson, Avoro Capital Advisors, Boxer Capital, Venrock, Fairmount Funds, Driehaus Capital Management, Logos Capital, Deerfield Management
Nuvalent
$135M
Cambridge, MA-based biotech focused on kinase targets in cancer

3L Capital, Greenfield Partners, Team8, Viola Fintech, Arbor Ventures, Eight Roads
Planck
$20M
New York, NY-based commercial insurance data analytics platform

InfraVia, Bpifrance
SightCall
$42M
San Francisco, CA-based AR platform for field service teams

TransUnion
Spring Labs
$30M
Marina del Rey,CA-based developer of a blockchain-based data-sharing platform

Insight Partners, SignalFire, Nextworld Capital, UpWest, Hillsven, Bloomberg, Naver Corp.
Stampli
$50M
Mountain View, CA-based accounts payable automation startup

Deciens Capital, QED Investors, Susa Ventures, SaaStr Fund
Treasury Prime
$20M
San Francisco, CA-based routine task automation platform for banks

True Ventures
Upsie
$18.2M
St. Paul, MN-based platform for buying product warranties

Rucker Park Capital and Craft Ventures
Waybridge
$30M
New York, NY-based supply chain platform for raw materials

May 19th, 2021|Scherzer Deal Report|

The Scherzer Deal Report: May 3-7, 2021

Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.

PE and VC Firms

Audax
$1.85B
Fifth mezzanine debt fund


Boundary Street Capital
$330M
Debut fund


CarVal Investors
$490M
CVI Clean Energy Fund

Emergence
$950M
Sixth early-stage fund ($575M), plus first opportunity fund ($375M)


EnCap Investments
$1.2B
First fund focused on renewable energy


MiddleGround Capital
$736M
New series of funds


Multicoin Capital
$100M
Second fund


New State Capital Partners
$450M
Third fund


Quad Partners
$388M
Fourth fund


Shenkman Capital Management
$325M
Tactical credit fund


Veritas Capital
$1.8B
Midmarket PE fund focused on tech and government companies


Warren Equity Partners
$673M
Third fund

Private Equity Investors

Partners Group
Axia Women’s Health
Undisclosed
Voorhees, NJ-based provider of non-clinical women’s health services


Francisco Partners, TPG
Boomi
Undisclosed
Chesterbrook, PA-based provider of cloud-connected business software


Kelso & Co.
C.L. Smith
Undisclosed
St. Louis, MO-based distributor of rigid packaging solutions


KKR
Charter Next Generation
Undisclosed
Milton, WI-based maker of polyethylene films


Harvest Partners
HelpSystems
Undisclosed
Eden Prairie, MN-based cybersecurity and automation software maker


J.C. Flowers & Co.
iLending
Undisclosed
Englewood, CO-based auto refinance marketing company


Altamont Capital Partners
Intermix
Undisclosed
New York, NY-based high-end fashion retailer


Crest Rock Partners
Jelecos
Undisclosed
Omaha, NE-based AWS consultant


Butterfly
Pete and Gerry’s Organics
Undisclosed
Lebanon, NH-based producer of free-range and pasture-raised eggs


Brentwood Associates
Watermill Express
Undisclosed
Brighton, CO-based provider of drive-thru drinking water and ice refill stations

Venture Capital Investors

EcoR1 Capital, Farallon Capital Management, Avidity Partners, Casdin Capital, GV, Octagon Capital, Perceptive Advisors, RA Capital Management, TCG Crossover, Woodline Partners, Atlas Venture, F-Prime Capital, Lonza, Mass General Brigham Ventures, NEA
Affinia Therapeutics
$110M
Waltham, MA-based gene therapy startup


Andreessen Horowitz
Bitski
$19M
San Francisco, CA-based developer-focused blockchain wallet infrastructure provider


True Ventures, TechNexus
Catch Co.
$38M
Chicago, IL-based fishing supplies e-commerce company


T. Rowe Price, Invus Group, Declaration Partners, Equilibra Partners, SWaN & Legend Venture Partners, Mousse Partners, Revolution Growth, Lighthouse Investment Partners
CAVA
$190M
Washington, DC-based Mediterranean restaurant chain


Decheng Capital, Eclipse Ventures, Skyviews Life Science, 8VC
Cellares
$82M
South San Francisco, CA-based cell therapy manufacturing platform

Longitude Capital, The Rise Fund, RA Capital, Redmile Group, Red Tree VC
Ceribell
$53M
Mountain View, CA-based developer of rain monitors to detect hidden seizures


Andreessen Horowitz, Casdin Capital, GV, Obvious Ventures, Lux Capital, Polaris Partners, CRV, KdT Ventures
Dyno Therapeutics
$100M
Cambridge, MA-based biotech that applies AI to gene therapy


Foresite Capital
Esker Therapeutics
$70M
San Francisco, CA-based startup focused on autoimmune disorders


DADA Holdings
Firefly Aerospace
$75M
Austin, TX-based small satellite launch startup


Bond Capital, NEA, Breyer Capital, Tull Investment Group, NetEase, Dapper Labs, Coinbase Ventures
Genies
$65M
Los Angeles, CA-based avatar platform


Andreessen Horowitz, Thrive Capital, GV, Accel
Headway
$70M
New York, NY-based software platform that helps therapists accept insurance and helps patients find those therapists


Durable Capital Partners, Tiger Global, Battery Ventures, Zeev Ventures, 01 Advisors, Norwest Venture Partners, Citi Ventures
Honeybook
$155M
San Francisco, CA-based client and financial management platform for freelancers and solo entrepreneurs


JMI Equity, ForgePoint Capital, Gula Tech Adventure
Huntress
$40M
Elliott City, MD-based provider of managed detection and response solutions


Tiger Global, TPG, Tidemark, Owl Rock, Meritech Capital Partners
Kajabi
$550M
Irvine, CA-based e-commerce platform for knowledge-based businesses


General Catalyst, Durable Capital Partners, Bond, Lead Edge Capital, Bain Capital Ventures, Raine Ventures
Material Bank
$100M
Miami, FL-based materials marketplace for architects and construction professionals

Morningside Ventures
Neuroelectrics
$17.5M
Barcelona and Cambridge, MA-based developer of brain stimulation technologies and therapies


Catapult Ventures, Conductive Ventures, Taiwania Capital, SIG, Hella Ventures, PHI-Zoyi Capital, R7 Partners, VectoIQ, ACVC Partners, Mesh Ventures, SV Tech Ventures, Schox Ventures, Signature Bank
Oculli
$55M
Dayton, OH-based provider of AI software for radar perception


Addition, Drive Capital, Basis Set, Lemnos Lab
Path Robotics
$56M
Columbus, OH-based developer of autonomous robotic welding systems


Index Ventures, Coatue
Persona
$50M
San Francisco, CA-based identity infrastructure startup


Eldridge, JE Dunn
Prescient
$190M
Mebane, NC-based architectural design and building technology platform


Summit Partners, ICONIQ Growth, Bain Capital Ventures
ReCharge
$227
MLos Angeles, CA-based subscription management platform


Ford, BMW, Volta Energy Technologies
Solid Power
$130M
Louisville, KY-based developer of solid-state batteries


Bain Capital Ventures, GGV Capital, CRV
StarTree
$24M
Mountain View, CA-based cloud analytics-as-a-service platform


Redpoint Ventures, Benchmark, New Enterprise Associates, Icon Ventures, Two Sigma Ventures
Timescale
$40M
New York, NY-based open-source time-series database


Section 32, Soleus Capital, Janus Henderson Investors, Madrona Venture Group, Ridgeback Capital, Alexandria Venture Investments
TwinStrand Biosciences
$50M
Seattle, WA-based developer of next-gen sequencing tech


Sequoia Capital, YC
Vanta
$50M
San Francisco, CA-based automated security, and verified compliance platform


Tiger Global, Nvidia
Vast Data
$83M
New York, NY-based storage software provider

General Atlantic, Centene, AXA Venture Partners, Ardea Partners, Ally Bridge Group, AME Cloud Ventures, Aspect Ventures, Canvas Ventures, Guidewell, NGP Capital, Workday Ventures
Vida Health
$110M
San Francisco, CA-based virtual chronic care platform


SoftBank Vision Fund 2, Capital One Ventures, SVB Capital, Andreessen Horowitz, GGV Capital, Workday Ventures, M12
Workboard
$75M
Redwood City, CA-based OKR platform

May 12th, 2021|Scherzer Deal Report|

The Scherzer Deal Report: April 26-29, 2021


Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.


PE and VC Firms


$60M
Early stage fund
 
€11B
Ffth European direct lending fund
 
$100M
VC fund focused on early-stage healthcare companies
 
$500M
Fourth fund
 
$355M
Third fund
 
$280M
First impact private equity fund
 
$1.7B
Fifth fund

Private Equity Investors


Alinda Capital Partners
Undisclosed
Greenville, NC-based provider of cargo unit load device logistics
 
VSS Capital Partners
Undisclosed
Chicago, IL-based provider of outpatient anesthesia, surgical, and admin services
 
Bain Capital
Undisclosed
St. Paul, MN-based frozen desserts maker
 
Serent Capital
Undisclosed
Tyler, TX-based provider of operations management and workflow solutions for K-12 school districts
 
Aurora Capital Partners
Undisclosed
Greenville, SC-based provider of talent management software for the real estate market
 
TPG Growth
Undisclosed
Alpharetta, GA-based provider of surgical cost management solutions
 
Leeds Equity Partners Option
Undisclosed
New York, NY-based options and futures database and analytics provider
 
Diversis Capital Partners
Undisclosed
San Diego, CA-based developer of video game accessories and peripherals
 
Thoma Bravo
$12.3B
Sunnyvale, CA-based cybersecurity and compliance software maker
 
Newlight Partners
Undisclosed
New York, NY-based acquisition platform focused on the customer marketing sector
 
Paine Schwartz Partners
Undisclosed
Cockeysville, MD-based maker of food safety antimicrobial products
 
The Carlyle Group
$435M
Pleasanton, CA-based maker of life sciences biologic tools
 
Two Sigma Impact, Avance
Undisclosed
Independence, OH-based e-commerce provider of ingredients and supplies to commercial artisans

Venture Capital Investors


Coatue, Addition, DFJ Growth, the Glazer family, K5 Global, the Chainsmokers, Stanford University, Coinbase, Pantera Capital, Charles Schwab, Reid Hoffman, Jerry Yang
$80M
San Francisco, CA-based blockchain developer platform
 
Eventide Asset Management, Cowen Healthcare Investments, 3×5 Partners, Adage Capital Management, Point72, Avego Healthcare Capital, FMB Research, Broadfin Holdings, Roche Venture Fund, RiverVest Venture Partners, Lightchain
$105M
St. Louis, MO, and Brisbane, CA-based cancer-focused biotech
 
Atlantic Bridge Capital, RPS Ventures, Crosslink Capital, IAG Firemark Ventures
$25M
Chicago, IL-based provider of physical property analytics
 
RA Capital Management, Nextech Invest, Fidelity, Wellington Management, Redmile Group, Logos Capital, Surveyor Capital, PFM Health Sciences, Arch Venture Partners, City Hill Ventures, Vertex Ventures HC, GT Healthcare Capital Partners, Boxer Capital, Alexandria Venture Investments
$105M
San Diego, CA-based precision oncology company focused on ecDNA
 
Tiger Global, TCV, GIC, Baillie Gifford, Madrone Capital Partners, Durable Capital Partners, Valiant Capital Management, Base10, YC Continuity, Ribbit Capital, DST Global, Greenoaks Capital, Lone Pine Capital, IVP
$425M
San Francisco, CA-based corporate credit card company focused on startup
 
Altos Ventures, NXF, American Express, JPMorgan
$20M
Tel Aviv and Miami, FL-based payment processing startup
 
Versant Ventures, Westlake Village BioPartners, AbbVie
$140M
Thousand Oaks, Calif.-based developer of tissue-targeted gene therapies
 
Durable Capital Partners, Baillie Gifford, T. Rowe Price, Whale Rock
$300M
New York, NY-based digital pharmacy
 
Valor Equity Partners, Lowercarbon Capital, DRW Venture Capital, Founders Fund, Bain Capital Ventures, Coinbase Ventures, Polychain Capital, KCK Group, Upper90, Winklevoss Capital, Exor, Zigg Capital, JB Straubel
$128M
Denver, CO-based flare migration startup that converts gas into energy for bitcoin mining
 
Andreessen Horowitz, Tiger Global, TQ Ventures, Avenir, Sapphire Ventures, Foundation Capital, Wellington Management, Expa
$220M
New York, NY-based challenger bank
 
M12, Salesforce Ventures, Threshold Ventures, Haystack, Firebolt
$16M
Palo Alto, CA-based enterprise customer intelligence startup
 
Andreessen Horowitz, Wellington Management, Owl Ventures, LionTree Partners, TTV Capital, Canapi Ventures, Wells Fargo Strategic Capital, Bond, Fin VC, Goodwater Capital
$260M
\Atlanta, GA-based debit card startup focused on kids and families
 
Apax Digital, AMI Opportunities Fund, Viola Growth, Flashpoint, Vertex Ventures, Kingfisher Investment Advisors, La Maison Partners
$50M
Walnut, CA-based CRM tool for property management
 
Owl Ventures, Ziff Capital Partners, LionTree Partners, Intel Capital, BBG Ventures, Lucas Venture Group, Reid Hoffman
$50M
Palo Alto, CA-based community platform for creators and brands
 
Key Partners Capital, Astanor Ventures, Horizons Ventures, Cape Capital
$130M
New York, NY-based producer of biofabricated textiles
 
Coatue, Dragoneer, Andreessen Horowitz, Accel, Cobalt
$105M
San Francisco, CA-based video platform for developers
 
Felicis Ventures, Clear Ventures, Trinity Partners, Firebolt Ventures
$15M
Palo Alto, CA-based orchestration platform for dev-ops teams
 
Oak HC/FT, Declaration Partners, PayPal Ventures, Mithril Capital, Senator Investment Group, Liberty City Ventures, WestCap
$300M
New York, NY-based cryptocurrency infrastructure and white-label services platform
 
Josh Buckley, Fifth Wall, Rahul Vohra, JBV Capital, Aleph VC
$50M
Walnut, CA-based location data analytics startup
 
McRock Capital, TransLink Ventures, BMWi Ventures, Kensington Capital Partners, Ironspring Ventures
$33M
San Antonio, TX-based robotic vision startup
 
Atari, ARRI, Founders Fund, TQ Ventures, Coatue, Rogue Capital Partners, Signia Venture Partners, Seedcamp, Talis Capital, SNÖ Ventures
$15M
Palo Alto, CA-based mixed reality gaming startup
 
Morpheus Ventures, GreatPoint Ventures, Ericsson Ventures, Samsung Next Ventures, Tao Capital Partners, Clearvision Ventures, Tau Ventures
$29M
Austin, TX-based provider of dispatch software for 911 centers
 
Vivo Capital, aMoon Fund, Parian Global, Anthem and Blue Ox Healthcare Partners
$100M
Salt Lake City, UT-based provider of prenatal diagnostics
 
Toba Capital, Pentland Group, Lerer Hippeau, Primary Ventures, Brand Foundry
$20M
New York, NY-based veterinary startup
 
Imperative Ventures, Zero Carbon Partners, CPP Investments, Breakthrough Energy Ventures, Prelude Ventures, PIVA Capital, John Doerr, Bill Joy, BP, OCGI Climate Investments
$78M
Piscataway, NJ-based developer of low-carbon cement and concrete
 
Insight Partners
$20M
Providence, RI-based interpersonal finance app for sharing expenses
 
General Catalyst, Franklin Templeton, Jared Leto, Stephen Curry and insiders Coatue, Stripe, Charli D’Amelio, The Chainsmokers, Will Smith, Jeffrey Katzenberg
$100M
San Francisco, CA-based provider of financial services for teens and families
 
Premji Invest, Third Point Ventures, Accel, Bain Capital Ventures, DFJ Growth, Glynn Capital, Goldman Sachs, Insight Partners, Next47
$188M
San Francisco, CA-based dev-ops platform for containers
 
Cathay Innovation, Signalfire
$35M
Boulder, CO-based provider of customer data analytics
 
Blackstone Growth, Accel, Khosla Ventures, TCV
$130M
San Jose, CA-based network intrusion detection company
 
Origin Ventures, Chapford Capital Group
$26M
New York, NY-based rental service for designer handbags, jewelry, and diamonds
 
Fidelity, Forestay Capital, North Atlantic Capital
$112M
Boston, MA-based cloud storage startup
 
True Ventures, Amazon Alexa Fund, MPL Ventures, Mark Pincus
$28M
New York, NY-based interactive music platform
May 6th, 2021|Scherzer Deal Report|

The Scherzer Deal Report: April 19-23, 2021


Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.


PE and VC Firms


$3.5B
Eighth co-investment fund
 
$425M
Second fund-of-funds
 
$165M
Second fund
 
$43M
First traditional VC fund
 
$165M
Third fund
 
$375M
Second fund
 
$544M
Fourth fund
 
$408M
Second fund

Private Equity Investors


Bertram Capital
Undisclosed
Fairfield, OH-based distributor of fasteners and other C-parts
 
Warburg Pincus
Undisclosed
UK-based specialty finance platform focused on commercial aerospace
 
GI Partners
Undisclosed
Andover, MA-based product lifecycle management platform for digital industrial applications
 
Alpine Investors
Undisclosed
Dallas, TX-based provider of software for the outdoor recreation industry
 
Crestview Partners
Undisclosed
Berlin, NJ-based used car financing platform
 
Thoma Bravo
Undisclosed
Minneapolis, MN-based provider of customer engagement and analytics software
 
Astorg Partners
Undisclosed
Dallas, TX-based provider of brand risk and protection solutions
 
Hellman & Friedman
Undisclosed
Austin, TX-based provider of energy data and analytics
 
EQT
$4.6B
Cincinnati, OH-based school bus operators
 
Warren Equity Partners
Undisclosed
Decatur, AL-based provider of GIS services for natural gas and water utility infrastructure
 
Koch Strategic Platforms
$500M
Richardson, TX-based provider of cloud-native software apps for mobile networks
 
Oak Hill Capital, KKR
Undisclosed
Evansville, IN-based fiberoptic network operator
 
Apollo Global Management
$3.3B
Irving, TX-based art and craft products retailer
 
Insight Partners
$172.5M
Australian automated deployment server
 
Gemspring Capital
Undisclosed
Merriam, KA-based developer of retail customer engagement solutions
 
Thoma Bravo
$10.2BRichardson, TX-based provider of software and data analytics to the real estate industry

Venture Capital Investors


Tiger Global, Dragoneer, Susquehanna Growth Equity, Silversmith Capital Partners
$240M
Chicago, IL-based customer experience automation platform
 
RA Capital Management, Redmile Group, Federated Hermes, Foresite Capital, ArrowMark Partners, PremjiInvest, Fidelity, OrbiMed, Polaris Partners, Mithril, GV, Population Health Partners, Adimab, Omega Funds
$336M
Waltham, MA-based developer of antibodies to neutralize coronaviruses
 
Scale Venture Partners, Canaan Partners, Ignition Partners, Zigg Capital
$34M
San Francisco, CA-based risk data platform for commercial property brokers and insurers
 
Evolution Equity Partners, Tiger Global, Ridgeline Partners, Downing Lane, Boldstart Ventures, Version One Ventures, Haystack, Radical Ventures
$20M
New York, NY-based company data privacy platform
 
Sapphire Ventures, Insight Partners, Tiger Global
$125M
India and San Francisco, CA-based billing subscription management company
 
YC Continuity, Andreessen Horowitz, Spark Capital, Lachy Groom, Jeffrey Katzenberg, Jeff Wilke, Anthony Schiller
$156M
San Francisco, CA-based remote hiring company
 
7Ridge, Eldridge
$120M
New York, NY-based developer of enterprise tools for using digital ledgers
 
CDPQ, Neuberger Berman, Atreides Management, Viking Global Investors
$147M
Sunnyvale, CA-based provider of cloud data backup services
 
Spectrum Equity, Information Venture Partners
$74M
Woburn, MA-based provider of asset and liability management software for banks and credit unions
 
OMERS Growth Equity, Kaplan, ABS Capital Partners, NewSpring, Osage Venture Partners
$45M
New York, NY-based provider of executive education courses
 
Felicis Ventures, SVB Capital, Greycroft, Okta Ventures, The Spruce House Partnership
$60M
San Diego, CA-based Apple device management company
 
Khosla Ventures, Lightspeed Venture Partners, Operator Collective, First Round Capital, Homebrew
$27M
New York, NY-based employee benefits startup
 
CapitalG, D1 Capital Partners, BoxGroup, Point72 Ventures, Clocktower Technology Ventures, OldSlip Group
$40M
New York, NY-based provider of bank account opening software
 
Accel, D1 Capital Partners, Valor Equity Partners, Greenoaks Capital, Sound Ventures, Third Kind Ventures
$200M
Philadelphia, PA-based subscription service for “ugly” produce
 
Medicxi
$20M
Boston, MA-based biotech focused on solid tumors
 
Menlo Ventures, YC, General Catalyst, Refactor Capital
$15M
New York, NY-based provider of opioid addiction treatment
 
GV, Unusual Ventures, GSV, Harrison Metal, Gaingels
$30M
Brooklyn-NY-based online provider of intro-level college courses
 
KB Partners, Verizon Ventures, Manheim Investments
$16.7M
Chicago, IL-based provider of real-time streaming tech
 
The Craftory, Artis Ventures, GISEV, Founders Fund, 8VC
$40M
Los Angeles, CA-based probiotics developer
 
GM, SK Inc., Temasek, Applied Ventures, Shanghai Auto, Vertex
$139M
Woburn, MA-based developer of rechargeable batteries for electric vehicle
 
Insight Partners, Union Square Ventures, Stripes Group
$50M
San Francisco, CA-based provider of fraud prevention software
 
QED Investors, Partners for Growth, Endeavor Catalyst, BECO Capital, Global Ventures, OTG Ventures, Endure Capital
$34.3M
San Francisco, CA-based provider of payment products for startups and SMBs
 
Playground Global, Fortescue Future Industries, Coatue, Global Founders Capital, Plug Power, Airbus Ventures, Toyota AI Ventures, Sojitz Corporation, Future Shape
$20.5M
Los Angeles, CA-based developer of hydrogen storage solutions for commercial aircraft
 
Tiger Global
$133M
San Francisco, CA-based biotech that aims to reverse Type 2 diabetes
 
TTV Capital, Owl Ventures, SoftBank, Crosscut Ventures, Mubadala Capital, Next Play Capital, Owl Capital
$35M
Los Angeles, CA-based tech platform for immigrant families
April 30th, 2021|Scherzer Deal Report|

The Scherzer Deal Report: April 12-16, 2021


Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.


PE and VC Firms


$1.27B
Second fund
 
$690M
Second fund
 
$1.3B
Debut fund
 
$125M
Debut fund
 
$3.8B
Second fund
 
$290M
Second fund
 
$30M
Second fund
 
$150M
Second fund

Private Equity Investors


TZP Group
Undisclosed
Oceanside, CA-based provider of maternity and nursing apparel
 
The Carlyle Group
Undisclosed
Santa Monica, CA-based maker of clean beauty products
 
WindRose Health Investors
Undisclosed
Stillwater, MN-based chronic disease management provider
 
Rainier Partners
Undisclosed
Clovis, CA-based packaging distributor for the agriculture industry
 
KKR
Undisclosed
Downers Grove, IL-based IT services provide
 
Hellman & Friedman
$4.25B
Austin, TX-based provider of data analytics SaaS for the oil and gas industry
 
Investcorp, Trilantic North America
Undisclosed
Chicago, IL-based provider of traffic control and pavement marking services
 
The Blackstone Group
Undisclosed
Alvarado, TX-based maker of engineered structured and infrastructure for the electrical utility and telecom markets
 
FFL Partners
$100M
Denver, CO-based provider of global expansion solutions
 
Francisco Partners
Undisclosed
Raleigh, NC-based education technology solution company
 
Sverica
Undisclosed
Santa Clara, CA-based digital consultancy focused on Microsoft cloud platforms

Venture Capital Investors


aMoon, BVF Partners, CAM Capital
$63M
Redwood City, CA-based biotech focused on immunological disease
 
Soleus Capital, RA Capital Management, Adage Capital Management, Pontifax, Aisling Capital, Altium Capital, Amzak Health, Granite Point Capital Management, LifeSci Venture Partners, Lumira Ventures, CAM Capital, Delos Capital, Domain Associates, Sixty Degree Capital
$96M
Mendham, NJ-based biotech focused on chronic hepatitis B
 
Samsara BioCapital, CAM Capital, Adage, Asymmetry, CaaS Capital, Cambrian Bio, Sixty Degree, Soleus Capital, Surveyor Capital, Suvretta, Terra Magnum Capital Partners, NEA, Novo Holdings, SR One, Takeda Ventures, LG Tech, Clough Capital
$115M
Gaithersburg, MD-based cell therapy startup
 
Orbia Ventures, At One Ventures, TDK Ventures, TRUMPF Venture, Doral Energy-Tech Ventures, InMotion Ventures
$20M
Worcester, MA-based battery recycling process
 
Sequoia Capital Global Equities, Altimeter Capital, Byers Capital, Elad Gil, Thrive Capital, Benchmark, Menlo Ventures, Alkeon Capital, Iconiq, Lux Capital, Spark Capital, Lead Edge Capital
$200M
San Francisco, CA-based life sciences R&D cloud
 
Sequoia Capital, Costanoa Ventures
$17M
San Francisco, CA-based data quality automation startup
 
Casdin Capital, NFX, Duquesne Family Office, Section 32, iGlobe Partners, Driehaus Capital
$100M
New York, NY-based cancer recurrence monitoring startup
 
Menlo Ventures, Suffolk Construction, Alumni Ventures Group, Innovation Endeavors, Brick & Mortar Ventures, Obvious Ventures, Grit Labs
$24M
San Francisco, CA-based construction robotics startup
 
Mercury Fund, Arsenal Growth, Moonshots Capital, Scarlet Venture Fund
$25M
Houston, TX-based provider of e-commerce enablement solutions
 
Tiger Global, Base10 Partners, Gradient Ventures
$33M
New York, NY-based provider of appointment scheduling SaaS for sales teams
 
Eldridge, American Family Ventures, Cox Enterprises, OMERS Ventures
$200M
Chicago, IL-based car insurance startup
 
Navy Capital, One Tower Group, Emerald Park Capital and Presidio View Capital
$30M
Sacramento, CA-based designer weed cultivator
 
Sapphire Ventures, Riverwood Capital
$153M
Pleasanton, CA-based upskilling platform
 
Sony, Appaloosa, Baillie Gifford, Fidelity, GIC, T. Rowe Price Ontario Teachers’, BlackRock, Park West, KKR, AllianceBernstein, Altimeter, Franklin Templeton, Luxor Capital
$1B
Cary, NC-based maker of Fortnite
 
Tiger Global, D1 Capital Partners, Addition, The Spruce House Partnership
$300M
Mountain View, CA-based AI chipmaker
 
Goldman Sachs Growth
$75M
Santa Monica, CA-based contextual advertising firm
 
Kleiner Perkins, Foundation Capital and SVB
$20M
San Francisco, CA-based neobank for SMB
 
Pontifax AgTech, Temasek, S2G Ventures, Pangea Ventures, Rhapsody Venture Partners, Asahi Kasai Ventures, Jordan Park Group, the Jeremy and Hannelore Grantham Foundation
$70M
Chicago, IL-based startup focused on mitigating food waste
 
New Mountain Capital
$90M
Chicago, IL-based app that connects homeowners with home services provider
 
Elsewhere Partners
$20M
Atlanta, GA-based provider of network and cloud automation solution
 
Lilly Ventures and Deerfield Management, Goldman Sachs, Arch Venture Partners, Nolan Capital
$139M
Lake Forrest, IL-based gene therapy startup
 
Insight Partners
$125M
Independence, OH-based certificate lifecycle automation company
 
Drive Capital, Root, Amplify, Hustle Fund
$15M
San Francisco, CA-based, real-time data platform
 
Tiger Global, Comcast Ventures, Canaan, Initialized Capital, Sound Ventures, Pivotal Ventures, Magnify Ventures
$60M
Miami, FL-based provider of care and companionship solutions to seniors
 
Seven Seven Six, Bessemer Venture Partners, Slow Ventures, Sound Ventures, Atelier Ventures, Chapter One Ventures
$16M
Los Angeles, CA-based social collaboration marketplace for creatives
 
Intercap
$50M
Los Gatos, CA-based streaming media software provider
 
SoftBank Vision Fund 2, PSP Investments, Alaska Permanent Fund, Invus, Flagship Pioneering
$189M
Cambridge, MA-based biotech focused on immune synapses
 
Sam Altman, Jack Altman, Flexport
$30M
San Francisco, CA-based B2B payments company
 
NightDragon, Cisco Investments, Allegis Cyber
$45M
Charlottesville, VA-based provider of digital risk protection SaaS
 
SoftBank Vision Fund 2, GIV, Temasek, BlackRock, Intel Capital, GV, Walden International, WRVI
$676M
Palo Alto, CA-based developer of machine learning and big data analytics platforms
 
Dragoneer, Greenoaks Capital, Tiger Global, Wellington Management, Durable Capital Partners and insiders Coatue, Index Ventures, Founders Fund, YC
$325M
San Francisco, CA-based data labeling platform
 
SoftBank Vision Fund 2, Bling Capital, DCM, General Catalyst, Norwest Venture Partners and Steadfast Capital Ventures
$220M
San Francisco, CA-based connected home gym company
 
Addition, Redpoint Ventures, GV, Juxtapose, Zigg Capital
$125M
New York, NY-based dentistry startup
 
Weatherford Capital, Accel
$150M
Austin, TX-based insurance comparison site
 
Artis Ventures
$30M
San Francisco, CA-based marketplace for connecting healthcare payors and providers
 
Berkshire Partners
$50M
New York, NY-based provider of colocation procurement SaaS
 
Owl Rock Capital
$100M
San Jose, CA-based UX research platform
 
General Atlantic
$80M
Los Angeles, CA-based provider of plant-based hair products
 
Aquiline Technology Growth, Echo Health Ventures, MassMutual Ventures, Guardian Strategic Ventures, Riverside Acceleration Capital, FCA Venture Partners, First Health Capital Partner
$23M
New York, NY-based platform for quote-to-card experiences in health insurance and benefits
 
North Sound Ventures
$18M
Pasadena, CA-based data analytics and 3D visualization platform
 
PeakSpan Capital
$50M
San Mateo, CA-based provider of animated video content creation for the enterprise
 
Blackhorn Ventures, ACME Capital, Loup Ventures, R7 Partners, Eniac Ventures, Alven Capital, Array Ventures
$40M
San Francisco, CA-based developer of autonomous commercial cargo aircraft
April 21st, 2021|Scherzer Deal Report|