The Scherzer Deal Report: April 2-9, 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

New York, NY
Third global renewable power fund
New York, NY
Fifth private credit fund
San Francisco, CA
10th flagship buyout fund and an overage fund
New York, NY
Third NAV-based loan fund
San Francisco, CA
First dedicated seed fund
New York, NY
Fourth Asia fund
Atlanta, GA
Debut fund
Austin, TX
Third fund
San Francisco, CA
Third fund

Private Equity Investors

Silicon Valley cloud content management company
Platinum Equity
Ann Arbor, MI-based maker of kitchen and bath cabinets
Berkshire Partners
Boston, MA-based provider of telecom data analytics
H.I.G. Capital
Hopkins, Minn.-based consulting and digital transformation firm
Kelso & Co.
Piscataway, NJ-based foodservice distributor to Italian restaurants and pizzerias
Berkshire Partners
Merrillville, IN-based maker of Black hair care products
D1 Capital Partners, Tiger Global, Investment Group of Santa Barbara
Rochester, MI-based corporate performance management software company
McNally Capital
McLean, VA-based provider of intelligence and national security advisory and software services
Vista Equity Partners
Draper, UT-based provider of workforce development software
San Diego, CA-based energy infrastructure company
Providence Strategic Growth
Madison, WI-based provider of mass notification software for safety, emergency and workflow communications
Birmingham, AL-based provider of mental and behavioral health practice management software

Venture Capital Investors

General Catalyst, Boston Seed Capital, Golden Ventures, Manifest, Morningside, Victress Capital
Boston, MA-based personal experience platform
Ajax Strategies, Eclipse Ventures, Quiet Logistics, Bee Partners, Acorn Pacific Ventures
Emeryville, CA-based provider of last-mile logistics
Cleveland Avenue, Stanley Ventures
Chicago, IL-based maker of premium cocktails
Inspired Capital, IA Ventures
San Francisco, CA-based electronic health records company
Accel, Amity, S28 Capital, Sequoia Capital, YC
San Francisco, CA-based no-code sales commission platform
Tiger Global
San Francisco, CA-based conversational messaging platform
Commerce Ventures, Vertical Venture Partners, Healthy Ventures, Collaborative Fund, Fairview Capital, CT Innovations, I2BF Global Ventures
New Haven, CT-based platform that modernizes patient payments
Fidelity, T. Rowe Price
Boulder, CO-based genome engineering company
Tiger Global, Casdin Capital, Iconiq, Andreessen Horowitz, SVB Capital
San Francisco, CA-based maker of digital healthcare maps
Velvet Sea Ventures, Team Hero, Greycroft,
San Diego, CA-based online grocery platform for small retailers
Insight Partners, Uncorrelated Ventures, Jeremy Stoppleman, David Glazer, Michael Ovitz, Kleiner Perkins, Quiet Capital
San Francisco, CA-based remote management platform for customer-facing teams
Tiger Global, Woodline Partners, Wellington Management, Lone Pine Capital, NEA, Glade Brook Capital, DFJ Growth
San Francisco, CA-based platform that connects creators with paying fans
Meritech Capital Partners, Sequoia Capital, True Ventures, Khosla Ventures
San Francisco, CA-based microbiome startup
B Capital Group, Dragoneer, OMERS, GoldenArc Capital
Ambler, PA-based talent experience platform
WI Harper Group, Aspiro Capital Management, Vantage Point Ventures
Palo Alto, CA-based provider of open-networking software
General Catalyst, WRVI Capital
Santa Clara, CA-based app experience infrastructure startup
D1 Capital Partners, Stripe
New York, NY-based provider of digital corporate cards and spend management software
Craft Ventures, Luxor Capital
New York, NY-based build-your-own gift box platform
Lightspeed Venture Partners, Walden International, BlackRock, Greylock, GV, In-Q-Tel, Nepenthe Capital
Palo Alto, CA-based provider of data labeling solutions for machine learning
Gradient Ventures, GGV Capital
San Francisco, CA-based provider of developer tools for building ML applications
Inovia Capital, Forerunner Ventures, Shopify, Golden Ventures, Trucks VC
San Francisco, CA-based provider of same-day retail delivery services
Horizons Ventures, Equinor Ventures and insiders The Engine, Evok Innovations, the GOOSE Society of Texas
Houston, TX-based developer of photocatalyst for industrial energy industries
Fidelity, Surveyor Captial, Ikarian Capital, Janus Henderson, Opaleye Management
Bethesda, MD-based biotech focused on inflammatory eye disease
Vida Ventures, Catalio Capital Management, Polaris Partners, Droia Ventures, Arch Venture Partners, Quark Venture
New York, NY-based biotech focused on metastatic cancer
En Pointe, EPIQ Capital Group, Bonfire Ventures, Bullpen Capital, Cherubic Ventures, ValueStream Ventures
San Francisco, CA-based wealth intelligence platform
April 13th, 2021|Scherzer Deal Report|

The Scherzer Deal Report: March 26-April 2, 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

Greenwich, CT
Fourth flagship buyout fund
New York, NY
First private equity secondaries
Portola Valley, CA
Third fund
San Francisco, CA
VC fund-of-funds
Short Hills, NJ
Fund to extend Terra-Gen ownership
Los Angeles, CA
Second fund
New York, NY
Second VC fund
New York, NY
13th flagship growth equity fund
Boulder, CO
Third sustainable asset fund
New York, NY
Second prop-tech VC fund

Private Equity Investors

Thoma Bravo
San Mateo, CA-based provider of visual test automation software
Francisco Partners
Dallas, TX-based legal education company
Thomas H. Lee Partners
Austin, TX-based provider of product review and user-generated content solution
Aurora Capital Partners
Baltimore, MD-based medical waste collection company
Align Capital Partners
Miami, FL-based formulator and contract manufacturer for animal health
Ethos Capital, The Baupost Group, Neuberger Berma
Seattle, WA-based portfolio of website domains
Vista Equity Partners
Austin, TX-based provider of data software to EMS, fire departments, hospitals and trauma offices
Vestar Capital Partners
Denver, CO-based health insurer
H.I.G. Capital
Cedar Rapids, IA-based provider of digital marketing services to SMBs
Shore Capital
Vancouver, WA-based customer packaging distribution firm
Cornell Capital
Carrollton, TX-based nutritional supplements maker
ECP Liberty
Pittsburgh, PA-based tire recycling company
TPG Rise Fund, Rabobank, S2G Ventures
Los Angeles, CA-based portfolio of plant-based food brands
Odyssey Investment Partners
Hampton, NH-based alliance of independent insurance agencies

Venture Capital Investors

D1 Capital Partners, Sapphire Ventures, Tiger Global, Insight Partners
San Francisco, CA-based account engagement platform
Next Coast Ventures, Mercury Fund, KEC Ventures, Royal Street Ventures, Aspen Capital Group
Chicago, IL-based workflow platform for safety and risk management
8VC, Presight Capital, Peter Thiel, Mubadala Capital, Founders Fund, Gaingels, insiders Luma Bio-IT, Alexandria Venture Investments, Ulysses Diversified Holdings
Lexington, MA-based drug discovery startup
Venrock, Workday Ventures, B Capital Group, Engineering Capital, Firebolt Ventures, Neotribe Ventures
Santa Clara, CA-based provider of automation solutions for corporate finance teams
General Catalyst, Insight Partners, New Leaf Venture Partners, Eclipse Ventures
San Jose, CA-based digital health platform for biopharma and medtech, GV, Amazon Alexa Fund, United Talent Agency, SoftBank Vision Fund 2, Valor Equity Partners, Counterpoint Global, Lightspeed Venture Partners, Kleiner Perkins, Chernin Group, Origin Ventures, Spark Capital
Chicago, IL-based startup that lets fans pay for personalized videos from celebrities
Andreessen Horowitz, Index Ventures, Sequoia Capital, S Capital, Spark Capital, SVB Capital, Citi, J.P. Morgan, State Street
New York, NY-based SaaS platform for helping banks pool trading resources
Morningside Group
Boston, MA-based freelancer marketplace
Blue Venture Fund, 7wire Ventures, Drive Capital, Colorado Impact Fund
Denver, CO-based provider of on-demand virtual health service
Tiger Global, Kinnevik AB, Maverick Ventures, General Catalyst, Wellington Management, Thrive Capital, Redpoint Ventures, Echo Health Ventures, 8VC, Goldman Sachs Asset Management
Brooklyn, NY-based healthcare provider for lower-income communities
Transformation Capital, Glynn Capital, PruVen Capital, Gaingels, Greylock, NEA, Felicis Ventures
San Francisco, CA-based family benefits platform
Viking Global Investors, Senator Investment Group, AiiM Partners, Trousdale Ventures
Troy, NY-based developer of alternatives to foam packaging
Wellington Management, Redmile Group, TCG Crossover, Greenspring Associates, Point72, QIA, Moore Strategic Ventures, Goldman Sachs, CureDuchenne Ventures, 5AM Ventures, MPM Capital, Roche, MRL Ventures Fund, Agent Capital
Boston, MA-based biotech focused on neuromuscular diseases like Duchenne muscular dystrophy
Oak HC/FT, Fidelity, Nyca Partners, Sound Ventures, ThirdStream Partners, Urban Innovation Fund, Kapor Capital
New York, NY-based asset management platform that powers personalization for advisors
D1 Capital, Tiger Global, Iconiq, Susquehanna Growth Equity
Houston, TX-based provider of receivables software
CityRock Venture Partners, New General Market Partners, Gaingels, Interplay Ventures, Relevance Ventures, Towerview Ventures, WorldQuant Ventures
New York, NY-based messaging tech startup
Bain Capital Ventures, Acrew Capital
Boston, MA-based provider of multi-cloud backup and recovery services
Felicis Ventures, Bill Ackman, Maverick Ventures, Elephant VC, FJ Labs, Global Founders Capital
New York, NY-based video conferencing platform with real-time multilingual interpretation
XN, SoftBank Vision Fund 2, LVP, Benchmark, Bitkraft, Correlation Ventures, Epic Games
San Mateo, CA-based multiplayer game creation platform
FinTLV Ventures, Battery Ventures, CapitalG, Group 11, Zeev Ventures, Founders Circle, G Squared
Palo Alto, CA-based small businesses insurance
Flagship Pioneering, Fidelity, Invus, BlackRock, Cowen, Point72, Logos Capital, Mirae Asset Capital
Cambridge, MA-based epigenomics company
Magnetar Group, Yonjin Venture, Bering Capital, RiverVest Venture Partners, QIA, Redmile Group, Helsinn Investment Fund, Canaan Partners, Arch Venture Partners 
Seattle, WA-based immune-oncology startup
Artis Ventures, Lyell Immunopharma, Abstract Ventures, Civilization Ventures, Mubadala, Playground Global, Sahsen Ventures, WRF Capital
Seattle, WA-based developer of smart cell therapies
Greenspring Associates
Miami, FL-based B2B financing platform for SaaS companies
IVP, Atlassian, Accel, Norwest Venture Partners, Okta
Palo Alto, CA-based SaaS management platform
Arix Bioscience, RTW Investments, Perceptive Advisors, RA Capital Management, Pfizer Ventures, BVF Partners, Janus Henderson, Cormorant, HBM Healthcare, Tekla Capital, Acuta Capital Partners, Ridgeback Capital Investments, Surveyor Capital, Laurion Capital Management, Logos Capital, LifeSci Venture Partners
Cambridge, MA-based cancer biologics startup
Avoro Ventures, OrbiMed, Andreessen Horowitz, Perceptive Advisors, T. Rowe Price, Wellington Management, RA Capital Management, Menlo Ventures
Alameda, CA-based molecular engineering startup
Peak6, Upper90, WTI, River Park Ventures
New York, NY-based acquirer of Amazon third-party private-label businesses
Stone Court Capital, Highline Capital
Boston, MA-based weather intelligence platform
Dragoneer, Cobalt Capital, L Catterton, Sapphire Ventures, private individuals
San Francisco, CA-based at-home strength and personal training platform
Apple, Alphabet, Andreessen Horowitz
Brooklyn, NY-based distribution platform for musicians
Rhapsody Venture Partners, Impossible Ventures
Somerville, MA-based provider of navigation systems for self-driving cars
April 6th, 2021|Scherzer Deal Report|

The Scherzer Deal Report: March 22-26, 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

New York, NY
Third fund
New York, NY
Third fund
Zug, Switzerland
Fifth secondaries vehicle focused on midmarket PE fund interests
San Francisco, CA
Ninth VC secondaries fund
Los Angeles, CA
Debut fund
New York, NY
Debut fund
New York, NY
$200M for second flagship fund and $100M for other funds
Boston, MA
New “continuation fund” to its fifth vehicle
St. Louis, MO
Fifth fund
New York, NY
The sixth fund focused on European lower mid-market companies

Private Equity Investors

New Harbor Capital
Pontiac, MI-based at-home respiratory care company
Crescendo Capital Partners
Provider of concrete repair, restoration, and installation of fluid-applied flooring systems
Serent Capital
Torrance, CA-based provider of cloud software to professional services firms
Thoma Bravo
San Francisco, CA-based provider financial markets software
RLG Capital and Trinity Private Equity
American Fork, UT-based online learning platform
Great Hill Partners, Centana Growth Partners, Millennium Technology Value Partner
Palo Alto, CA-based identity verification company
Encore Consumer Capital
New York, NY-based provider of women’s health and wellness products like supplements and OTC suppositories
Susquehanna Private Capital
Charlottesville, VA-based franchisor of home improvement brands

Venture Capital Investors

Third Rock Ventures, Boxer Capital, Invus, MBC Biolabs, YC
South San Francisco, CA-based developer of targeted immunotherapies for cancer
Matrix Capital Management, Surveyor Capital, Rock Springs Capital, Adage Capital Management, Velosity Capital, Medicxi, Advent Life Sciences, Lundbeckfonden Ventures, Arix Bioscience, Chiesi Ventures, Ysios Capital, Columbus Venture Partners
Cambridge, MA-based developer of VDC therapies for cancer
Spark Capital, Canaan Partners, Ten Eleven Ventures, Cyberstarts
San Mateo, CA-based zero-trust network access company
Accel, LinkedIn, Upfront Ventures, Ryan Smith, Omar Johnson, Michael Johnson
Palo Alto, CA-based enterprise event platform
Paradigm, TIME Ventures, Addition, Ribbit Capital
New York, NY-based blockchain analysis company
Eclipse Ventures
Cambridge, MA-based headless commerce startup
Define Ventures, Frist Cressey Ventures, Kaiser Permanente Ventures, SpringRock Ventures, Providence Ventures
Renton, WA-based healthcare access optimization startup
Spectrum Equity, Centana Growth Partners, Propel Venture Partners, Freestyle Capital, Compound Ventures, Upside Partnership
$41MSan Francisco, CA-based HR and benefits platform
Qatar Investment Authority, Charlesbank Capital Partners, Vulcan Capital
San Francisco, CA-based maker of plant-based eggs
OMERS Growth Equity, Kaiser Permanente Group, McKesson Ventures, B Capital Group
San Mateo, CA-based health data analytics platform
KKR, Sapphire Ventures, Citi Ventures
San Mateo, CA-based provider of anti-fraud tools to financial services companies
Mithril Capital
Mountain View, CA-based developer of AI chips for edge computing
Advocate Aurora Health
San Francisco, CA-based telenutrition startup
Thomas H. Lee Partners, Qualcomm Ventures, Volvo, Zebra Technologies, August Capital, CEAS Investments, Hyde Park Angels, Hyde Park Venture Partners, Bain Capital Ventures
Chicago, IL-based supply chain visibility platform
Blackstone Growth
San Francisco, CA-based provider of online mental health services
Redpoint eventures, Pearson Ventures, Daphni, Imaginable Futures, Reach Capital, Trinity Ventures
San Francisco, CA-based coding startup
Insight Partners
Seattle, WA-based provider of fresh food safety and traceability software
CRV, SuperSet, Ridge Ventures, Acrew Capital, SVB
Business data privacy and compliance automation platform
Tiger Global, Casdin Capital, Iconiq Growth, Andreessen Horowitz, SVB Capital
San Francisco, CA-based healthcare insights platform
Soros Fund Management, S&P Global,
New York, NY-based enterprise crypto portfolio management software
Newton, MA-based maker of automatic pill dispensers
Fifth Wall, Tony Xu, Scott Cutler, Andreessen Horowitz
Lehi, UT-based self-storage marketplace
Canapi Ventures, CapitalG, Citi Ventures, Wells Fargo, True Bridge Partners, Camber Creek, Ludlow Ventures, NAR’s Second Century Ventures, Fifth Wall
Boston, MA-based remote online notarization platform
General Catalyst and Vivo Capital, First Round Capital, Manta Ray Ventures, XYZ Capital
San Francisco, CA-based developer of stem cell therapies for blood and immune diseases
Greycroft, Global Founders Fund, Acrew Capital, First American Financial, Shea Ventures, Amazon’s Jeff Wilke
second homeownership platform
Allianz, Acrew Capital, Greycroft, SVB Capital, SiriusPoint, Elefund, Moxley Holding
Provider of workers’ comp insurance for small businesses
8VC, Menlo Ventures, Conversion Capital, Meritech Capital, Fifth Wall, Base10 Partners
San Francisco, CA-based provider of the mortgage industry
SaaSIndex Ventures, Sequoia Capital, Madrona Venture Group
Seattle, WA-based social gaming platform
General Catalyst, FirstMark Capital, TQ Ventures, Altimeter, Baupost, Dragoneer, Shawspring, Radcliff, 776, SignalFire, Torch, BoxGroup
New York, NY-based DTC pharmacy and primary care platform for men’s health
Tiger Global, Sequoia Capital Global, H.I.G. Growth, Arena Holdings, Battery Ventures, Bessemer Venture Partners, Dragoneer, Durable Capital Partners, ICONIQ Growth, Index Ventures, T. Rowe Price
Los Angeles, CA-based provider of software for tradespeople
Coatue, Trinity Ventures, Matrix Partners, Sapphire Ventures
San Francisco, CA-based real estate brokerage platform
Ping An, Pivot Investment Partners, Nationwide, Liberty Mutual, Intact Ventures, Tola Capital, Commerce Venture
Chicago, IL-based provider of claims management software
Fountain Healthcare Partners, Longwood Fund, Lumira Ventures, Sofinnova Investments, LSP
Malvern, PA-based developer of gene therapies for advanced coronary artery disease
March 30th, 2021|Scherzer Deal Report|

The Scherzer Deal Report: January 25-29, 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 Fundraising Location Amount Description
GGV Capital  Menlo Park, CA $2.52B New family of VC funds
Prime Movers Lab Jackson, WY $245M Second fund
TCV Menlo Park, CA $4B Eleventh flagship venture capital fund

Private Equity Investors Company  Amount Description
Health Enterprise Partners  Aware Recovery Care Undisclosed Wallingford, CT-based in-home addiction treatment company
Charger Investment Partners B&B Coffeehouse Undisclosed Sandy, UT-based coffeehouse operator
Shamrock Capital  Bayard Advertising Undisclosed New York, NY-based recruitment marketing company
Envest Capital Partners  Bell & Williams Associates Undisclosed Windham, NH-based collection agency
TPG  Certify Undisclosed Portland, ME-based provider of privileged access management solutions
Andreessen Horowitz Clubhouse $100M San Francisco, CA-based audio social network
Mill Rock Capital DRT Holdings Undisclosed Dayton, OH-based manufacturer of specialized components, precision tools and container systems
General Atlantic Equality Health Undisclosed Phoenix, AZ-based population health risk management company
EQT Exeter Property Group $1.87B Conshohocken, PA-based real estate investment manager
Climate Adaptive Infrastructure, Trilantic North America Intersect Power $127M San Francisco, CA-based developer of utility-scale renewable energy
Citadel, Point72 Asset Management Melvin Capital Management $2.75 b New York, NY-based hedge fund
Bain Capital Double Impact Multi-Specialty HealthCare Undisclosed Baltimore, MD-based provider of outpatient post-traumatic injury care and physical rehabilitation
Praesidian Capital Round 2 Undisclosed South Bend, IN-based maker of collectibles like model car kits
LLR Partners, NewSpring Capital, PNC Bank SparkPost $180M Columbia, MD-based email optimization company
San Francisco Equity Partners SV Labs Undisclosed Santa Cruz, CA-based maker of natural beauty and personal care products
Shore Capital Partners Tandem Undisclosed Westchester, IL-based provider of HR solutions to SMEs
JMI Equity TimelyMD $60M Fort Worth, TX-based telehealth provider focused on colleges
Providence Strategic Growth Traliant Undisclosed Manhattan Beach, CA-based provider of online compliance training for fostering inclusive workplaces
Blue Point Capital Partners Transtar Holding Undisclosed Cleveland, OH-based distributor of original equipment and aftermarket automotive products for the transmission and driveline repair market

Venture Capital Investors Company  Amount Description
Telstra Ventures, HarbourVest Partners, Qualcomm Ventures, Prologis Ventures, Defy Partners, Scale Venture Partners Airspace $38M Carlsbad, CA-based time-critical shopping startup
General Atlantic, CapitalG Albert $100M Walnut, CA-based financial advisory platform
Sixth Street Bloomreach $150M Mountain View, CA-based e-commerce experience company
Cat Rock Capital, Sprints Capital, OpenOcean, Piton Capital, VNV Global, Enern, Manta Ray Ventures Booksy $70M Chicago, IL-based booking platform for beauty companies
Threshold Ventures, Forerunner Ventures, Redesign Health Calibrate $22.5M New York, NY-based telemedicine metabolic health platform
Stripe, Thrive Capital Check $35M New York, NY-based payroll infrastructure startup
Josh Buckley ClassDojo $30M San Francisco, CA-based pre-K-8 communications app
D1 Capital Partners, Bessemer Venture Partners, Pitango, Atreides Management DriveNets $208M Red Bank, NJ-based developer of software-based routing solutions for service providers
Northpond Ventures, Deerfield Management, GV, Alexandria Venture Investments, Arch Venture Partners, Biomatics Capital, Decheng Capital, Tao Capital Partners, Nan Fung Life Sciences Encodia $75M San Diego, CA-based proteomics startup
Stripe Fast $102M San Francisco, CA-based provider of online checkout and identity products
Riverstone Holdings, BP, Energy Innovation Capital, TRIREC, Alumni Ventures Group FreeWire Technologies $50M San Leandro, CA-based EV charging company
Structural Capital IMVU $35M Redwood City, CA-based avatar-based social network
Felicis Ventures, 01 Advisors, Founders Fund, General Catalyst, Shasta Ventures, Silverton Partners, Springdale Venture, Stephen Curry Literati $40M Austin, TX-based book club subscription service
NEA and WestCap Group, Brookfield Asset Management, Riverstone Holdings Loanpal $800M Roseville, CA-based point-of-sale payment platform for solar and other home efficiency solutions
Addition, Durable Capital Partners, Fidelity, Baillie Gifford Lyra Health $187M Burlingame, CA-based provider of mental health care benefits for employers
Boathouse Capital, Sterling National Bank Mediafly $25M Chicago, IL-based sales enablement and content management firm
Coatue, Accel, Aleph, Bessemer Venture Partners, Corner Ventures, General Catalyst, Latitude Melio $110M New York, NY-based B2B payments platform for SMBs
Deerfield Management Nuvalent $50M New York, NY-based developer of lung cancer drugs for patients whose disease has proven resistant to current options
OCA Ventures, Greycroft, Valor Equity Partners, PSP Partners, Hyde Park Angels, Pritzker Group VC, Gaingels, Alumni Venture Group Ocient $40M Chicago, IL-based data analytics startup
Insight Partners, Salesforce Ventures, Sapphire Ventures, Innovation Endeavors, Vertex Ventures, Oryzn Capital OwnBackup $168M Englewood Cliffs, NJ-based cloud data protection platform
Tiger Global  Rhino $95M New York, NY-based deposit insurance startup
Ten Coves Capital, Stone Point Capital, Cota Capital, Mouro Capital, Colchis Capital, Point72 Ventures, JPMorgan Chase Roostify $32M San Francisco, CA-based home lending tech provider
Insight Partners, Wing VC, Team8, Operator Collective SetSail $26M San Mateo, CA-based sales comp platform
Periphas Capital ShipMonk $65M Fort Lauderdale, FL-based provider of e-commerce fulfillment solutions
Coatue, T. Rowe Price, 8VC, Bessemer Venture Partners, CPPIB, Sutter Hill Ventures Sila Nano $590M Alameda, CA-based battery materials company
Weatherford Capital SOMA Global $22.5M Tampa, FL-based provider of cloud tech services for law enforcement and fire departments
Alexa Fund, Munich Re Ventures Span $20M San Francisco, CA-based maker of smart electrical panels
Sapphire Ventures, Storm Ventures, NEA, DFJ DragonFund Splashtop $50M San Jose, CA-based remote access and support platform for businesses
TDK Ventures, Goodyear Ventures Starship Technologies $17M San Francisco, CA-based developer of delivery bots
BlackRock, RA Capital, Longwood Fund, 6 Dimensions Capital, Bessemer Venture Partners, GV, Novartis, Pitango HealthTec TScan Therapeutics $100M Waltham, MA-based developer of T-cell therapies for cancer
Leaps by Bayer, Continental Grain Co., PeakBridge Ventures, Skyviews Life Science, Fall Line Capital, Khosla Ventures, Innovation Endeavors, Marc Benioff Ukko $40M Palo Alto, CA-based biotech focused on eliminating food allergies and sensitivities
Lightspeed Venture Partners, GV Vectorized $15.5M San Francisco, CA-based streaming data tool

February 1st, 2021|Scherzer Deal Report|

The Scherzer Deal Report: January 18-22, 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 Fundraising Location Amount Description
Crossbeam Philadelphia, PA $25M Debut fund
Fort Point Capital Boston, MA $194M Second small cap fund
Growth Street Partners San Francisco, CA $130M Second fund
P4G Capital Management San Francisco, CA $209M Debut fund
Sheridan Capital Partners Chicago, IL $306M Second fund
Union Square Ventures  New York, NY $250M Latest early-stage fund
Union Square Ventures  New York, NY $162M First fund focused on climate tech startup

Private Equity Investors Company  Amount Description
Odyssey Investment Partners Applied Technical Services Undisclosed Marietta, GA-based provider of testing, inspection, and calibration services
I Squared Capital Atlantic Power $961M Boston, MA-based independent power producer with operations in 11 U.S. states and two Canadian provinces
Sycamore Partners Azamara Undisclosed Miami, FL-based boutique luxury cruise business with three ships
General Atlantic, The Vistria Group CareMetx Undisclosed Bethesda, MD-based hub services for patient access to specialty meds
Cohere Capital CCS Undisclosed Portland, OR-based direct-to-consumer retailer of streetwear and skateboard equipment
H.I.G. Capital Continental Batteries Undisclosed Dallas, TX-based cart battery maker
NovaQuest CoreRx Undisclosed Clearwater, FL-based contract development and manufacturing organization
Milestone Partners Cypress Group Undisclosed Baltimore, MD-based property and casualty insurer
Vestar Capital Partners Dr. Praeger’s Sensible Foods Undisclosed Elmwood Park, NJ-based maker of plant-based frozen and refrigerated foods
Partners Group Idera Undisclosed Houston, TX-based provider of database lifecycle management software
Altamont Capital Partners Kinetic Advantage Undisclosed Indianapolis, IN-based newly-formed auto floorplan financing company
Two Sigma Impact and BayPine  Penn Foster Undisclosed Scranton, PA-based distance learning company
BV Investment Partners  PixelMedia Undisclosed Portsmouth, NH-based digital commerce services firm
Elliott Investment Management Removery $50M Austin, TX-based tattoo removal company
Advent International  RxBenefits Undisclosed Birmingham, AL-based pharmacy benefits optimizer
Ridgemont Equity Partners  SoftDocs Undisclosed Columbia, SC-based provider of enterprise content management software for the education market
Sixth Street Talcott Resolution Undisclosed Windsor, CT-based provider of life insurance and annuity services
Growth Catalyst Partners The Equine Network Undisclosed Albuquerque, NM-based provider of sports content and services to the U.S. equine industry

Venture Capital Investors Company  Amount Description
Meritech Capital Partners, Tiger Global, IVP, OMERS Aledade $100M Bethesda, MD-based accountable care organization
Agronomics, Lewis & Clark AgriFood, McWin, Siddhi Capital, Radicle Growth, Rich Products, Thai Union BlueNalu $60M San Diego, CA-based producer of seafood products directly from fish cells
HealthQuest Capital, BlackRock, TCG, Foresite Capital, Greenspring Associates, Morningside Ventures, Portfolio, Highland Capital Partners Everlywell $75M Austin, TX-based in-home health testing platform
Tene Investment Fund $45M New York, NY-based online eyewear retailer and subsidiary of Optimax Eyewear
Sienna Capital, SoftBank Globality $138M Menlo Park, CA-based digital solution for sourcing strategic services
Insight Partners, Norwest Venture Partners Imperfect Foods $95M San Francisco, CA-based online food marketplace aimed at reducing food waste
Endeavor Catalyst, Lumos Capital, Creas Capital, Brighteye Ironhack $20M Miami, FL-based provider of coding bootcamps
GGV Capital, Valor Equity Partners, Kaiser Permanente, 14W, Max Ventures, Pico Partners, Marcy Venture Partners, Primary Venture Partners, BoxGroup K Health $132M New York, NY-based primary care company
Lux Capital, Pivotal BioVentures, The Column Group, DCVC Bio Plexium $35M San Diego, CA-based developer of protein-degrading therapeutics
JMI Equity, Ankona Capital Soci $80M San Diego, CA-based localized marketing startup
Abingworth, Sofinnova Investments, Longitude Capital, Fidelity, Surveyor Capital, Octagon Capital, Kleiner Perkins, GV, Alexandria Venture Investments Vera Therapeutics $80M South San Francisco, CA-based developer of treatments for immunological and inflammatory diseases
Wellington Management, Casdin Capital, Redmile Group, Janus Henderson, Cormorant, Rock Springs Capital, Novo Holdings, Logos Capital, Surveyor Capital, RA Capital, GV, Biomatics Verve Therapeutics $94M Cambridge, MA-based gene-editing startup focused on heart disease
Energize Ventures Volta $125M San Francisco, CA-based EV charging network
Lightspeed Venture Partners, Sino Global Capital, Kenetic Capital, Rockaway Blockchain Fund, Hack VC, DeFi Alliance, Avon Ventures Wintermute $20M Reston, VA-based provider of crypto exchanges and trading platform

January 25th, 2021|Scherzer Deal Report|

The Scherzer Deal Report: January 11-15, 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 Fundraising Location Amount Description
Audax Private Equity New York, NY $1.7B First continuation fund
Heritage Group Nashville, TN $300M Third fund
KKR New York, NY $3.9B First Asia-Pacific infrastructure fund
KKR New York, NY $1.7B First Asia real estate private equity fund
Lafayette Square Holding New York, NY $100M Debut social impact fund
March Capital Santa Monica, CA $450M Third fund
Neuberger Berman New York, NY $2.1B Fourth private equity co-investment fund
New Mountain Capital New York, NY $9.6B Sixth flagship buyout fund
New Mountain Capital New York, NY $640M First non-control fund
O2 Investment Partners Bloomfield Hills, MI $270M Third fund
Transformation Capital Boston, MA $500M Second fund

Private Equity Investors Company  Amount Description
Capital Constellation Avista Capital Partners Undisclosed New York, NY-based health care-focused private equity firm
MountainGate Capital BioDerm Undisclosed Largo, FL-based provider of disposable medical devices and wound care supplies to patients with chronic conditions
SFW Capital Partners Caron Undisclosed Marietta, OH-based lab equipment provider
Oak Hill Capital Partners Checkers Drive-In Restaurants $20M Tampa, FL-based parent company of Checkers & Rally’s iconic drive-thru restaurants
TPG Rise Fund  Element Markets Undisclosed Houston, TX-based sustainability and natural gas offsets trading advisor
Francisco Partners Forcepoint Undisclosed Austin, TX-based cybersecurity company
TPG Greenhouse $500M New York, NY-based human resources software provider
Charlesbank Capital Partners Healthcare Fraud Shield $50M Chesterfield, MO-based provider of fraud, waste and abuse prevention software
Wynnchurch Capital ICA Undisclosed Allentown, PA-based manufacturer of expanded polystyrene foam products
SK Capital Partners Lacerta Undisclosed Mansfield, MA-based maker of specialty thermoformed packaging
Sixth Street Legends Undisclosed New York, NY-based sports hospitality services company co-founded by the New York Yankees and Dallas Cowboys
Warburg Pincus LendingPoint $125M Kennesaw, GA-based provider of personal and small business loans
HGGC, Wealth Partners Capital Group Merit Financial Group Undisclosed Alpharetta, GA-based wealth manager 
TA Associates OmniActive Undisclosed New Jersey and India-based provider of natural nutraceutical ingredients
Varsity Healthcare Partners Peak Dental Services Undisclosed Colorado Springs, CO-based dental services organization
TriSpan Prestige PEO Undisclosed Melville, NY-based professional employer organization
Altamont Capital Partners Specialized Packaging Group Undisclosed Livermore, CA-based protective packaging manufacturer 
BV Investment Partners  Talent Undisclosed New York, NY-based provider of tech-enabled career services
Bain Capital Double Impact  TeachTown Undisclosed Woburn, MA-based provider of hybrid-learning software for students with special education
Spire Capital  The Inception Company Undisclosed Fairfield, NJ-based maker of virtual engagement products and services

Venture Capital Investors Company  Amount Description
ADM Ventures, GV, Barclays, Unreasonable Collective Air Protein $32M Berkeley, CA-based alternative meat startup
Morgan Stanley Expansion Capital, General Catalyst, HighSage Ventures AirSlate $40M Boston, MA-based no-code business automation startup
F-Prime Capital Atalanta Therapeutics $110M Boston, MA-based developer of treatments for neurodegenerative diseases
Coatue, Tiger Global Blend $300M San Francisco, CA-based digital lender
Canvas Ventures, Point72 Ventures, Crosslink Capital Brace $15.7M Los Angeles, CA-based digital mortgage servicing platform
Archina Capital Bryte $24M Los Altos, CA-based developer of AI-powered mattresses
Altimeter Capital, Greenoaks, Lone Pine, Benchmark, Bond, FirstMark, GV, Index Ventures, Tiger Global Cockroach Labs $160M New York, NY-based distributed SQL database
Accel DecisionLink $18.5M Atlanta, GA-based provider of customer cost-benefit analyses for business services
Spark Capital, Andreessen Horowitz, Redpoint Ventures Descript $30M San Francisco, CA-based provider of audio and video transcription and editing software
JMI Equity Employee Navigator $34M Bethesda, MD-based benefits admin and human resources software provider
GV, Arch Venture Partners, Andreessen Horowitz, Casdin Capital, Section 32, Nextech, Arboretum Ventures EQRx $500M Cambridge, MA-based developer of drug equivalars
Insight Partners, Singular, CRV, LaunchHub Ventures Gtmhub $30M Denver, CO-based provider of OKR-focused business orchestration software
Alkeon Capital, Battery Ventures, Citi Ventures, Norwest Venture Partners, Sorenson Capital, Thomvest Ventures, Menlo Ventures, IVP, Unusual Ventures Harness $85M San Francisco, CA-based software delivery platform
CR-CCT Industry Pilot Fund, Redmile Group, Perceptive Advisors Impulse Dynamics $60M Marlton, NJ-based developer of cardiac contractility modulation technology
Mainsail Partners JobNimbus $53M Lehi, UT-based provider of home services software
BlackRock, H.I.G. Growth, OurCrowd, General Atlantic JumpCloud $25M Louisville, CO-based cloud directory platform provider
Foundry Group, Greycroft, Maveron Landing $45M San Francisco, CA-based flexible living startup membership platform
Altimeter Capital, Benchmark, YC Modern Treasury $38M San Francisco, CA-based provider of payment operations software
General Catalyst, Felicis Ventures, Village Global, XYZ Ventures Mosaic $18.5M San Diego, CA-based strategic finance platform
TPG Growth, CapitalG, Geodesic Capital, Greycroft, Canapi Ventures, Digital Garage, Point72 Ventures, Pelion Venture Partners, Regions Financial Corp. MX $300M Lehi, UT-based provider of digital transformation SaaS for banks
Left Lane Ventures, American Family Ventures Neat Capital $22.5M Boulder, CO-based home financing platform
Alaska Permanent Fund, Altitude Life Science Ventures, SoftBank Vision Fund 2, QIA Tessera Therapeutics $230M Cambridge, MA-based programmable genetics startup
GIC, Siemens, Fidelity, Mubadala Investment Co. ThoughtWorks $720M Chicago, IL-based software consultancy
SignalFire, Emerson Collective, Construct Capital, Allen & Co. Tradeswell $15.5M Baltimore, MD-based e-commerce optimization startup
Accel, Silversmith Capital Partners Webflow $140M San Francisco, CA-based no-code website development platform
Altimeter Capital, Insight Partners Workato $110M Mountain View, CA-based business automation integration platform
Merian Chrysalis You & Mr. Jones $60M New York, NY-based brand-tech group

January 19th, 2021|Scherzer Deal Report|

The Scherzer Deal Report: January 1-8, 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 Fundraising Location Amount Description
Access Holdings Baltimore, MD $340M Debut fund
Ares Management Los Angeles, CA $11B Fifth European credit fund
Marathon Asset Management New York, NY $2.5B Distressed credit fund
Oak Hill Capital Partners New York, NY $3.8B Fifth flagship fund
One Way Ventures Boston, MA $57.5M Second fund

Private Equity Investors Company  Amount Description
H.I.G. Capital Action Point and Signature Flexible Packaging Undisclosed Acquisition and merger of two Californian companies in the food and consumer packaging space
USALCO AI Chem/CalChem Undisclosed Provider of specialty chemicals for municipal water treatment and industrial applications
Monomoy Capital Partners Astro Shapes Undisclosed Struthers, OH-based manufacturer of custom-finished aluminum extrusions
Infinedi Partners BWG Strategy Undisclosed Cranford, NJ-based provider of market intelligence and data to investment management and corporate clients via a subscription-based mode
Partners Group Careismatic Brands Undisclosed Chatsworth, CA-based maker of medical apparel
Golden Gate Capital Covia Undisclosed Independence, OH-based provider of mineral-based material solutions for the industrial and energy markets
H.I.G. Capital Crothall Laundry Services Undisclosed Manassas, VA-based provider of outsourced laundry services to the health care and hospitality sectors
Frazier Healthcare Partners CSafe Global Undisclosed Dayton, OH-based provider of cold chain shipping solutions to the life sciences market
Revelstoke Capital Partners Empire Undisclosed Miami-FL-based franchisee and sub-franchisee of 42 Orangetheory studios in the NYC metropolitan area
Onex Credit Falcon Investment Advisors Undisclosed Boston, MA-based private credit manage
Knox Lane Fingerpaint Undisclosed Saratoga Springs, FL-based health and wellness marketing agency
Gen Cap America  Frontier Packaging Undisclosed Tukwila, WA-based maker of seafood packaging
Century Equity Partners Hancock Claims Consultants Undisclosed Alpharetta, GA-based property and casualty inspector
Incline Equity Partners Jon-Don Undisclosed Roselle, IL-based provider of commercial supplies, equipment and consumables to specialty contractors and in-house service providers
JLL Partners Jonathan Engineered Solutions Undisclosed Irvine, CA-based maker of industrial slides and other custom engineered components environments like U.S. Navy ships
SSM Partners Keeps Undisclosed Las Vegas, NV-based provider of auto service and parts analytics and pricing optimization solutions
MidOcean Partners LYNX Franchising Undisclosed Alpharetta, GA-based franchise platform for Jan Pro and other commercial and industrial services
Platinum Equity Mad Engine Undisclosed San Diego, CA-based apparel maker
Vector Capital Mood Media Undisclosed Austin, TX-based provider of in-store media solutions
Ridgemont Equity Partners SEKO Logistics Undisclosed Itasca, IL-based third-party logistics provider
Odyssey Investment Partners Service Champions Undisclosed Brea, CA-based provider of residential HVAC and plumbing services
Peak Rock Capital Shipley Do-Nuts Undisclosed Houston, TX-based quick-service restaurant franchisor
Sagewind Capital Sigma Defense Systems Undisclosed Perry, GA-based provider of airborne intelligence, surveillance and reconnaissance services
Water Street Healthcare Partners Southern Scripts $100M Natchitoches, LA-based pharmacy benefit management company
Golden Gate Capital  Tidal Wave Auto Spa Undisclosed Orange Park, FL-based car wash chain
SK Capital Partners Tilley Chemical Co. Undisclosed Baltimore, MD-based distributor of specialty chemicals and lubricants
Ontario Teachers’, Ares Management TricorBraun Undisclosed St. Louis, MO-based packaging distributor
May River Capital  Unibloc Pump Undisclosed Marietta, GA-based provider of sanitary flow control solutions
Pritzker Private Capital Vertellus Undisclosed Indianapolis, IN-based specialty chemicals company
Kinderhook Industries Vesta Housing Solutions Undisclosed Southfield, MI-based provider of temporary and permanent modular space solutions

Venture Capital Investors Company  Amount Description
Mass General Brigham Ventures, Sanofi Ventures, Pontifax, Hongsen Investment Group, RA Capital, Samsara BioCapital Abcuro $42M Newton, MA-based developer of anti-KLRG1 treatments for autoimmune diseases and cancers
Rock Springs Capital, Foresite Capital, T. Rowe Price, Wellington Management, Blackrock, Cormorant, Perceptive Advisors, EcoR1 Capital, Surveyor Capital, Logos Capital, Viking Global Investors, Bain Capital Life Sciences, Ziff Capital Healthcare Ventures Affinivax $226M Cambridge, MA-based vaccines developer
XN, GV, Valor Equity Partners, Sequoia Capital, Sidewalk Infrastructure Partners, Congruent Ventures, Closed Loop Partners AMP Robotics $55M Denver, CO-based developer of robots for sorting recyclable materials
Northpond Ventures, Cowen Healthcare Investments, HealthCap, BVF Partners, Ridgeback Capital, Johnson & Johnson, BioMotiv, Ionis Pharmaceuticals Aro Biotherapeutics $88M Philadelphia, PA-based developer of tissue-targeted genetic medicine
Newlight Partners, Fortistar, Cottonwood Technology Funds, Sun Mountain Capital BayoTech $157M Albuquerque, NM-based producer of on-site hydrogen
Breakthrough Energy Ventures Boston Metal $50M Woburn, MA-based sustainable metal production startup
Tiger Global, GreatPoint Ventures, Cross Creek, Wildcat Venture Partners, SpringRock Ventures Carrum Health $40M San Francisco, CA-based bundled payment platform for employers
General Atlantic, Greylock, Lux Capital,  Lee Fixel Chronosphere $43.4M Bellevue, WA-based cloud native monitoring tool
Greycroft Citizen $73M New York, NY-based mobile app that provides users with notifications of nearby emergencies and crimes 
General Catalyst, T. Rowe Price, Viking Global Color $167M Burlingame, CA-based genetics and health testing company
RA Capital Management, Eventide Asset Management, New Leaf Venture Partners, Soleus Capital, Driehaus Capital, Osage University Partners, Asymmetry Capital Management, Northpond Ventures, Sands Capital, Sanofi Ventures, Alexandria Venture Investments, Altitude Life Science Ventures, Agent Capital DiCE Molecules $80M South San Francisco, CA-based developer of immunology therapeutics
Hanaco, Schonfeld, PayPal Ventures, Whale Rock Divvy $165M Draper, UT-based corporate spend management solutions
Sapphire Ventures, Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, Redpoint Ventures, Cisco Investments Dremio $135M Santa Clara, CA-based provider of data lake transformation solutions
Goldman Sachs Growth, North Castle Partners Echelon Fitness $65M Chattanooga, TN-based connected fitness company
Omega Funds, Longitude Capital Endeavor BioMedicines $62M San Diego, CA-based biotech focused on pulmonary disease
Qatar Investment Authority Fluence $125M Arlington, VA-based energy storage company
Insight Partners Glia $78M New York, NY-based digital customer service company
Coatue, Tiger Global  Hinge Health $310M San Francisco, CA-based provider of musculoskeletal pain solutions
NightDragon Iboss $145M Boston, MA-based cloud delivered network security company
Nextech, Vida Ventures, Two River Group, Bellco Capital, Polaris Partners, GV, Wellington Partners, Logos Capital IconOVir Bio $77M San Diego, CA-based developer of oncolytic virus therapies
Omega Funds, Fidelity, Atlas Venture, OrbiMed, Bristol Myers Squibb Ikena Oncology $120M Boston, MA-based cancer drug developer
Cormorant Asset Management, Surveyor Capital, Rock Springs Capital, T. Rowe Price, BlackRock, Perceptive Advisors, Lyfe Capital Immuneering $62M Cambridge, MA-based cancer drug developer
RA Capital, Vivo Capital, Foresite Capital, A Plus Partners, Quan Capital, Qiming Venture Partners USA Kira Pharma $53.5M Cambridge, MA and Suzhou, China-based developer of complement-targeted therapies
Sutter Hill Ventures, Altimeter Capital, D1 Capital Partners, Coatue, Dragoneer Investment Group, Liberty Global Ventures, Snowflake Ventures, Tiger Global Lacework $525M San Jose, CA-based cloud security platform
Longitude Capital, Omega Funds, Lundbeckfonden Ventures, PBM Capital, Janus Henderson, Invus, Woodline Partners, the Alzheimer’s Drug Discovery Foundation, Alexandria Venture Investments Lexeo Therapeutics $85M New York, NY-based developer of gene therapies
NEA, Evolution VC Partners, Tyson Ventures New Wave Foods $18M New York, NY-based developer of plant-based shrimp
Francisco Partners News Break $115M Mountain View, CA-based local news app
Runa Capital, S7V, 1984 VC, EFG Hermes, Rucker Park,  Inventure Oxygen $17M San Francisco, CA-based digital banking platform
Catalyst Investors, Sageview Capital, Blue Cloud Ventures, Liberty Global Ventures Pax8 $96M Denver, CO-based cloud software marketplace for IT pro
Insight Partners Quantum Metric $200M Monument, CO-based cloud service to build, test, and fix digital product
Ion Crossover Partners, Nexus Capital Management, Baron Capital Group Resident $130M San Francisco, CA-based mattress brand
Owl Rock Capital, Insight Partners, HarbourVest,  Emergence Capital SalesLoft $100M Atlanta, GA-based sales software company
Boxer Capital, EcoR1 Capital, Omega Funds, Vida Ventures, Surveyor Capital, Invus, Wellington Management, Nextech Invest, OrbiMed, Casdin Capital, Woodline Partners, Logos Capital, Janus Henderson, Atlas Venture, Abingworth Scorpion Therapeutics $162M Boston, MA-based precision oncology startup
Leaps by Bayer, Matrix Partners China, Mirae Asset Capital, Ridgeback Capital, Intel Capital, 8VC, Amgen Ventures, Lux Capital Senti Biosciences $105M South San Francisco, CA-based gene circuit startup
Insight Partners SimpleNexus $108M Lehi, UT-based homeownership platform
Andreessen Horowitz, Salesforce Ventures, Coatue, Index Ventures Starburst Data $100M Boston, MA-based SQL query engine
Bessemer Venture Partners, Next Play Capital, Concrete Rose Capital, Emerson Collective, Voyager Capital Syndio $17.1M Seattle, WA-based provider of HR software for eliminating pay equity gaps
Deerfield Management, Eli Lilly, OrbiMed, Lilly Asia Ventures, Vivo Capital, Samsara Capital, Suvretta Capital Management Terns Pharma $87M Foster City, CA-based biotech focused on non-alcoholic steatohepatitis and other liver diseases
Digital Alpha Advisors WeLink $185M Lehi, UT-based fixed-wireless broadband producer

January 11th, 2021|Scherzer Deal Report|

The Scherzer Deal Report: November 13-19, 2020

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 Fundraising Location Amount Description
Bentley iTwin Ventures Exton, PA $100M Debut Fund
Better Tomorrow Ventures San Francisco, CA $75M Debut Fund
Council Capital Nashville, TN $200M Fourth Fund
NextView Ventures Boston, MA $89M Fourth Fund
Quid San Francisco, CA $320M Debut employee loan fund
Round Hill Music Royalty Partners New York, NY $291M Third fund
Searchlight Capital Partners New York, NY $3.4B Third private equity fund
STG Partners Palo Alto, CA $2B Sixth tech-focused private equity fund
Thomas H. Lee Partners  Boston, MA $900M THL Automation Fund. L.P.

Private Equity Investors Company  Amount Description
Arsenal Capital Partners Best Value Healthcare Undisclosed Lakeland, FL-based primary care platform focused on Medicare Advantage
DW Healthcare Partners CareXM Undisclosed Lehi, UT-based provider of virtual care and patient engagement solutions for post-acute and non-acute health care providers
American Securities Foundation Building Materials  $1.37B Santa Ana, CA-based distributor of specialty buildings products like wallboard, suspended ceiling systems, metal framing
Royal Ahold Delhaize FreshDirect Undisclosed New York, NY-based online grocer
The Home Depot HD Supply Holdings $8B Atlanta, GA-based building products company
Sun Capital Partners Miami Beach Medical Group Undisclosed South Florida-based provider of health care services to Medicare Advantage plan members
Clearlake Capital Group PrimeSource Undisclosed Irving, TX-based distributor of specialty building materials
OMERS Private Equity Turnpoint Undisclosed Louisville, KY-based HVAC, plumbing and electrical services firm
Clearlake Capital Group WellPet Undisclosed Tewksbury, MA-based natural petfood company
KKR Zeus Health $100M Newly formed medical device acquisition platform

Venture Capital Investors Company  Amount Description
Coatue, Decibel Ventures, Index Ventures Abacus.AI $22M San Francisco, CA-based developer of AI module
Menlo Ventures, Greylock Abnormal Security $50M San Francisco, CA-based email security startup
Sapphire Ventures, Elsewhere Partners ActivTrak $50M Austin, TX-based workforce monitoring tool
OMRON, Khosla Ventures, WP Global Partners, Qualcomm Ventures, Bold Capital Partners AliveCor $65M Mountain View, CA-based provider of mobile electrocardiogram technology
Eldridge CAIS $50M New York, NY-based alternative investing platform
Dragoneer, Brookfield Technology Partners, DCVC, Builders VC Carbon Health $100M San Francisco, CA-based healthcare provider startup
Vickers Venture Partners, 212, Streamlined Ventures, Alumni Ventures Group, Waterman Ventures $20M San Francisco, CA-based enterprise computer vision startup
Insight Partners CloudBolt Software $35M Bethesda, MD-based self-service hybrid cloud platform
GS Growth, Salesforce Ventures Cogito $25M Boston, MA-based provider of real-time emotional intelligence solutions
Altimeter Capital,  T. Rowe Price, Blackrock, Silverlake, NEA, Tiger Global DataRobot $270M Boston, MA-based enterprise AI platform
VenBio Partners, Cormorant Asset Management, Boxer Capital, Janus Henderson, Samsara Biocapital, Vivo Capital, Aisling Capital, Vertex Ventures HC, Qiming Venture Partners USA, Driehaus Capital Management, BVF Partners Elevation Oncology $65M New York, NY-based biotech focused on genomically defined cancers
Breakthrough Energy Ventures, The Engine, Prelude Ventures Form Energy $70M Somerville, MA-based developer of battery systems for long-term storage of wind and solar energy
Thrive Capital, GV, Accel, GFC, IA Ventures Headway $26M New York, NY-based software platform that helps therapists accept insurance and helps patients find those therapists
General Catalyst, Khosla Ventures, Arbor Ventures Heyday $175M San Francisco, CA-based startup focused on accelerating consumer product brands on digital marketplaces like Amazon
Travelers, State Farm Ventures, Nationwide Hover $60M San Francisco, CA-based data platform for home improvement and property insurance pros
Valor Equity Partners, Marcy Venture Partners, Atreides Management, PICO Venture Partners, 14W, Max Ventures K Health $42M New York, NY-based digital primary care startup
Quan Capital, 6 Dimensions Capital, Qiming Venture Partners, Sinopharm Capital Kira Pharma $46M Cambridge, MA-based developer of therapies for immune-mediated diseases
Accel, Summit Partners Klaviyo $200M Boston, MA-based marketing automation firm
BBGI Manus Bio $75M Cambridge, MA-based developer of complex natural products through advanced fermentation
Bayer, Humboldt Fund, Sozo Ventures, Agent Capital, InCube Ventures, HOF Capital Metagenomi $65M Emeryville, CA-based gene editing company
SoftBank, Norwest Venture Partners, Accel Partners, Canaan, NEA, NewView Capital, Qualcomm Ventures MindTickle $100M San Francisco, CA-based sales readiness plaform
WTT Investment, DCVC Bio, Valor Equity Partners, Humboldt Fund, Gruss & Co., Novo Holdings, 8VC, SOSV, AgFunder, Wireframe Ventures, Tony Fadell, John Legend, Natalie Portman MycoWorks $45M Emeryville, CA-based developer of a leather alternative
Apple Tree Partners Nereid Therapeutics $50M Boston, MA-based biotech focused on biomolecular condensates
Susquehanna Growth Equity Realync $22M Chicago, IL-based virtual leasing platform for multifamily real estate
TCV, Sequoia Capital, Dragoneer, Madrone Capital Partners, Jackson Square Ventures, Go4it Capital Strava $110M San Francisco, CA-based social platform for fitness
Jackson Square Ventures Trust & Will $15M San Diego, CA-based estate planning platform
MPM Capital, Qiming Venture Partners USA Umoja Biopharma $53M Seattle, WA-based developer of immunotherapies for blood cancer and pediatric osteogenic sarcoma
Cathay Innovation, GreatPoint Ventures, Breyer Capital, Omega Venture Partners, Greycroft, Lerer Hippeau, Interlock Partners, Mark VC, ATX Venture Partners ZenBusiness $55M Austin, TX-based software platform for launching new businesses
SignalFire ZeoTap $18.5M New York, NY-based customer intelligence platform

November 24th, 2020|Scherzer Deal Report|

The Scherzer Deal Report: October 30 – November 5, 2020

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 Fundraising Location Amount Description
Homestead Capital San Francisco, CA $596M Third fund
Oceans Ventures New York, NY $11M Debut fund
Veritas Capital New York, NY $400M First credit fund
Zeal Capital Partners Washington, DC $22.3M Debut fund

Private Equity Investors Company  Amount Description
True Wind Capital AIA Contract Documents Undisclosed Washington, DC-based provider of customizable legal contracts to the construction market
Macquarie Capital, GCM Grosvenor Alaska Communications Undisclosed Anchorage, AK-based telecom company
Inspire Brands Dunkin’ Brands $11.3B Canton, MA-based restaurant platform 
Clearlake Capital Group Endurance International Group  $3B Burlington, MA-based provider of cloud solutions for SMEs
Auxo Investment Partners GC Dies Undisclosed Elmhurst, IL-based steel rule die manufacturer
GreyLion Capital, Stone Point Capital  Hyphen Solutions Undisclosed Addison, TX-based provider of residential construction management software
AE Industrial Partners Linkware and Pangiam Undisclosed Merger of Alexandria, VA-based provider of custom software to federal government clients, and a security and travel consulting services company
Advent International  Nielsen’s Global Connect unit $2.7B New York-based company that tracks consumer goods sales
Kohlberg & Co. Parts Authority Undisclosed New Hyde Park, NY-based aftermarket distributor of replacement car and truck parts
Guardian Capital Partners Upper Echelon Products Undisclosed Austin, TX-based e-tailer of consumer products under such brands as Everlasting Comfort and Café Du Chateau
Court Square Capital Partners Veregy Undisclosed Phoenix, AZ-based energy engineering company

Venture Capital Investors Company  Amount Description
Wheatsheaf Group, GV, Argonautic Ventures, Caisse de dépôt et placement du Québec, Emart, GS Group, Louis Dreyfus Company, iSelect Fund, Fall Line Capital, Mercury Fund, Prelude Ventures, Prolog Ventures, S2G Ventures Benson Hill $150M St. Louis, MO-based crop design company
NTTVC, Qualcomm Ventures, Lightspeed Venture Partners, Norwest Venture Partners, Cervin Ventures Celona $30M Cupertino, CA-based private mobile networking startup
Meritech Capital Partners, Julia and Kevin Hartz, Zac Bookman, Initialized Capital, Axon, Bedrock Capital, Matrix Partners, Founders Fund, YC Flock Safety $47M Atlanta, GA-based developer of local surveillance systems
Canaan Partners, Khosla Ventures, Bling Capital, Rise of the Rest Hermeus $16M Atlanta, GA-based developer of a Mach 5 aircraft
Francisco Partners MyFitnessPal $345M San Francisco, CA-based smartphone app and website that tracks diet and exercise
SoftBank, Mubadala, Oaktree Capital, UBS Asset Management, Target Global REEF Technology $700M Miami, FL-based provider of parking lot tech and services
USVP, Lightstone Ventures, Alumni Venture Partners, Wakestream Ventures, Biosciences Research & Commercialization Center of Western Michigan University, Invest Michigan, Michigan Angel Fund Shoulder Innovations $21.6M Holland, MI-based developer of shoulder replacement systems
Ribbit Capital, NFX, Zigg Capital Tomo Networks $40M Stamford, CT-based home mortgage platform
SIG Asia Investments, Accomplice, Golden Ventures, Jump Capital TVision $16M New York-based provider of TV performance metrics
Morgan Stanley Capital Partners US HealthConnect   Fort Washington, PA-based provider of pharma-sponsored continuing medical education and promotional education to health care providers
NGP Energy Technology Partners, Prelude Ventures, Ajax Strategies Voltus $25M San Francisco, CA-based distributed energy resources platform
Stage 1 Ventures, Mitsubishi WiTricity $34M Watertown, MA-based wireless power transfer company

November 6th, 2020|Scherzer Deal Report|

The Scherzer Deal Report: October 23-30, 2020

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 Fundraising Location Amount Description
Accel-KKR Menlo Park, CA $640M New evergreen fund
Amplify Partners San Francisco, CA $275M Fourth early stage fund
Amplify Partners San Francisco, CA $100M First growth fund
Camber Creek Washington, D.C. $155M Third fund
Eureka Equity Partners Philadelphia, PA $200M Fourth small-cap buyout fund
Impact Engine Chicago, IL $31.5M First private equity fund
RA Capital Management Boston, MA $461 m New biotech-focused venture fund
Ryder System Miami, FL $50M Debut fund
The Blackstone Group New York, NY $8B Second long-hold private equity fund
Thoma Bravo Chicago, IL $17.8 b Fourteenth flagship buyout fund
Thoma Bravo Chicago, IL $3.9 b Third mid-market fund
Thoma Bravo Chicago, IL $1.1 bi First lower-mid market fund

Private Equity Investors Company  Amount Description
GTCR  Consumer Cellular Undisclosed Portland, OR-based wireless company focused on older users
Tiger Global, Fidelity, BlackRock, Neuberger Berman DoubleVerify $350M New York-based digital media engagement analytics company
Francisco Partners Forcepoint Undisclosed Austin, TX-based cybersecurity company
Atwater Capital Freepik Undisclosed Los Angeles, CA-based provider of digital visual content
Rock Mountain Capital  GeoLinks Undisclosed Camarillo, CA-based CLEC
AE Industrial Partners PCI Undisclosed Columbia, MD-based provider of IT services and support to the intelligence and defense communities
Newlight Partners Pondurance Undisclosed Indianapolis, IN-based provider of managed detection and response services
The Blackstone Group Simply Self Storage $1.2B Orlando, FL-based self-storage company
Cohere Capital Sonobi Undisclosed Winter Park, FL-based ad platform for digital media
Lion Equity Partners TY-Harbor Undisclosed Marlton, NJ-based provider of linens to the hospitality and hospital markets
Brookwood Financial Partners Yesway $235M Fort Worth, TX-based convenience store operator

Venture Capital Investors Company  Amount Description
Ginkgo Bioworks, Battelle, General Atlantic, Cascade Investment, Viking Global Investors Allonnia $40M Boston, MA-based bioremediation company focused on waste management
Lux Capital, Andreessen Horowitz, General Catalyst Applied Intuition $125M Sunnyvale, CA-based simulation platform for autonomous systems development
Prelude Ventures, M2O, AVG’s Nassau Street Ventures, Tridon, S2G Ventures, Middleland Capital, Ajax Strategies, Chase Field Arable $20M San Francisco, CA-based provider of data solutions for agriculture
Viking Global Investors, DTCP, and existing backers Arctic Wolf $200M Sunnyvale, CA-based security operations center-as-a-service company
Atlas Venture, RA Capital Management, Alta Partners, Longwood Fund, Takeda Ventures Be Biopharma $52M Cambridge, MA-based developer of engineered B-cell therapies
Macquarie, Napier Park Global, Camden Partners Bluefin $25M Atlanta, GA-based provider of payment and data security services
Highland Capital Management, Coatue Management, T. Rowe Price, OrbiMed, Millennium Management, Neuberger Berman, ClearBridge Investments, First Light Asset Management Caris Life Sciences $235M Irving, TX-based precision medicine company
Point72 Ventures, Mouro Capital, Fidelity, Raptor Group, SBI Holdings, Route 66 Ventures DriveWealth $56.7 m Chatham, NJ-based developer of global digital trading tech
Accel Eagle Eye Networks $40M Austin, TX-based cloud video surveillance company
General Catalyst, Capital One Ventures, Foundation Capital, IVP, Lightspeed Venture Partners Eightfold AI $125M Mountain View, CA-based talent intelligence platform
CNO Financial Group, Guardian Life, Nippon Life, Samsung Ventures, Securian Ventures, Bessemer Venture Partners Fabric $18M New York-based family finance planning startup
NEA, Sound Ventures, Neo, Geodesic Capital, Operator Collective, K9 Ventures Forethought $17M San Francisco, CA-based AI and machine learning platform for customer support teams
PeakEquity Partners Grayshift $47M Atlanta, GA-based provider of mobile device digital forensics
7wireVentures, Pitango HealthTech Homethrive $18M Northbrook, IL-based eldercare platform
Baillie Gifford, T. Rowe Price, Rock Springs, Andreessen Horowitz, Prosus Ventures, 8VC, Thrive Capital Honor $140M San Francisco, CA-based provider of tech-enabled senior care services
Greycroft, Okta Ventures, B Capital Group, First Round Capital Kandji $21M San Diego, CA-based Apple enterprise management solution
Citi, Motley Fool Ventures, Illuminated Funds Group Ketos $15M Milpitas, CA-based provider of water quality and logistics monitoring software
Coatue, 645 Ventures, Primary Ventures Lunchbox $20M Platform that lets restaurants build ordering experiences
Thrive Capital Nava $20M New York-based employee benefits brokerage
Eight Roads Ventures, F-Prime Capital, Partech, Salesforce Ventures, Serena Odaseva $25M San Francisco, CA-based enterprise cloud trust platform
SoftBank Ordermark $120M Los Angeles, CA-based cloud kitchen company
Koch Disruptive Technologies, Evolv Ventures, Henry Crown & Co., NEA, 8VC, Prologis Ventures Outrider $65M Golden, CO-based developer of warehouse yard robots
CAM Capital, Polaris Partners, Samsara BioCapital, Oberland Capital, McDermott, BioRock Ventures, BioBrit Primmune Therapeutics $27.4M San Diego, CA-based biotech focused on acute viral diseases and cancer
Madrona Venture Group, Tola Capital Pulumi $37.5M Seattle, WA-based cloud engineering platform
OrbiMed, Acorn Bioventures Q32 Bio $60M Cambridge, MA-based developer pf biologic therapeutics to restore immune regulation
Jazz Venture Partners, Playground Global, Liquid2 Ventures, Fontinalis Partners $15M Palo Alto, CA-based collaborative robotics startup
Sequoia Capital, Greylock Rockset $40M San Mateo, CA-based real-time indexing database company
TDM Growth Partners Rokt $80M New York-based ecommerce marketing company
Wellington Management, NewView Capital, TSG Consumer Partners, CPP Investments, BlackRock, D1, Battery Ventures, Eldridge, Declaration Partners, Moore Strategic Ventures. Additional investors include Greycroft, Baillie Gifford, Sands Capital, Revolution Growth, and Highland Capital Partners Scopely $340M Los Angeles, CA-based mobile games company
Atlas Venture, Omega Funds, and Vida Ventures, Abingworth, Partners HealthCare Innovation Scorpion Therapeutics $108M Boston, MA-based precision oncology startup
Walvax Biotech, Sunshine Riverhead Capital, Rotating Boulder Fund, Longmen Capital, HongTao Capital, Alpha Win Capital Sirnaomics $105M Gaithersburg, MD-based developer of RNAi therapeutics
Sequoia Capital StrongDM $17M Burlingame, CA-based database access control platform
IVP, SoftBank, Accomplice, Two Sigma Ventures, Collaborative Fund, Thursday Ventures, Nextview Ventures, Promus Ventures, Cavu Ventures, D20 Capital, LionTree Partners Whoop $100M Boston, MA-based maker of fitness-tracking wearable

October 30th, 2020|Scherzer Deal Report|