The Scherzer Deal Report: Feb 12-19, 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
Align Capital Partners Dallas, TX and Cleveland, OH $450M Second private flagship fund
ForgePoint Capital San Francisco, CA $450M Second fund
Marcy Venture Partners San Francisco, CA $85M Flagship venture capital fund
Odyssey Investment Partners New York, NY $3.25B Sixth middle-market buyout fund
Pamlico Capital Charlotte, NC $1.4B Fifth flagship fund

Private Equity Investors Company  Amount Description
TA Associates Auction Technology Group Undisclosed London and Omaha, NE-based online auctions platform
Platinum Equity Biscuit International Undisclosed Paris-based manufacturer of private label cookies
Amherst Residential Front Yard Residential Undisclosed U.S. Virgin Islands-based real estate investment trust company
Thompson Street Capital Partners Len the Plumber Undisclosed Baltimore-DC metropolitan-based full-service residential plumbing contractor

Private Equity Investors Company  Amount Description
Norwest Venture Partners, Menlo Ventures, True Ventures, Khosla Ventures, First Round Capital, Ram Shriram, Maynard Webb Investment Aisera $20M Palo Alto, CA-based robotic process automation startup
Integrity Growth Partners Algo $15M Troy, MI-based supply chain technology company
WAVE Equity Partners, Chevron Technology Ventures, Marubeni Corporation Carbon Clean Solutions $16M London-based carbon dioxide separation technology company
Goldman Sachs, Tiger Global Management, Adage Capital Management Flywire $120M Boston, MA-based vertical payments company
Morgan Stanley Expansion Capital, NewView Capital, Upfront Venture GumGum $22M Santa Monica, CA-based computer vision and natural language processing company
ForgePoint Capital Huntress Labs $18M Elliott City, MD-based cybersecurity startup
CDC Group iMerit $20M Los Gatos, CA-based data annotation and enrichment company
Icon Ventures, Sequoia Capital, Oak HC/FT, Spring Mountain Capital, Female Founders Fund, Harmony Partners, Reese Witherspoon, Natalie Portman, Mindy Kaling Maven $45M New York-based company providing employee benefits focused on women’s health and family planning
Coatue Management, Insight Partners OneTrust $210M Atlanta, GA-based cybersecurity company
NEA, 8VC Outrider $53M Golden, CO-based startup developing robots for warehouse yards
Optum Ventures Scipher Medicine $25M Waltham, MA-based developer of a molecular technology platform
Insight Partners, Tiger Global Management, Qualcomm Ventures LLC, Vista Public Strategies of Vista Equity Partners, Third Point Ventures SentinelOne $200M Mountain View, CA-based cybersecurity company
Bessemer Venture Partners, TPG, Greenoaks Capital, Tiger Global Management, Durable Capital Partners, TCV, G Squared, Light Street Capital, Alta Park Capital Toast $400M Boston, MA-based maker of payment processing hardware and software for restaurants
Benesse Holdings Udemy $50M San Francisco, CA-based online education company
Artiman Ventures, Robert Bosch Venture Capital, Abies Ventures, Asahi Kasei Corporation, Hui Capital, Sony Innovation Fund UltraSense Systems $20M San Jose, CA-based maker of touch user interface technology using 3D ultrasound
Sequoia Capital India, Eight Roads Ventures, F-Prime Capital, Cisco Investments Whatfix $32M San Jose, CA-based provider of digital enterprise tool
Intel Capital, NEA, Highland Capital Partners, Redline Capital Management, Hercules Capital, Core Capital ZeroFox $74M Baltimore, MD-based cybersecurity company

February 20th, 2020|Scherzer Deal Report|

The Scherzer Deal Report: Feb 5-12, 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
A/O PropTech London, England €250M Debut fund
Battery Ventures Boston, MA $2B Battery Ventures XIII $1.2B fund and Battery Ventures XIII Side fund with $800M
KKR New York, NY $1.3B First global impact investing fund

Private Equity Investors Company  Amount Description
Post Capital Partners Agile Sourcing Partners Undisclosed Corona, CA-based BPO company for the electric and gas utility, commercial construction, security, and telecom markets
AE Industrial Partners American Pacific Undisclosed Cedar City, UT-based chemical manufacturer for U.S. government military and space programs
Apax Partners Cadence Education Undisclosed Scottsdale, AZ-based early childhood education provider
Industrial Opportunity Partners Competition Cams Undisclosed Memphis, TN-based maker camshaft and valvetrain-related components for the automotive aftermarket
 Investcorp Fortune International Undisclosed Bensenville, IL-based distributor of seafood and gourmet food products
Trilantic North America Gorilla Commerce Undisclosed Westport, CT-based direct-to-consumer home and pet product development platform
One Rock Capital Partners Innophos $932M Cranbury, NJ-based food additives maker
Entrepreneurial Equity Partners Kronos Foods Corp. Undisclosed Glendale Heights, IL-based provider of Mediterranean food products
Gryphon Investors Pacur Undisclosed Oshkosh, WI-based provider of specialty plastic packaging materials for the medical device industry
Brentwood Associates Parchment Undisclosed Scottsdale, AZ-based digital credentialing service
EQT Partners Rimes Technology Undisclosed New York-based provider of financial data management and regulatory software
Westhook Capital Santa Rita Landscaping Undisclosed Tucson, AZ-based provider of commercial landscaping services
RedBird Capital Partners, CJ Entertainment, Tencent Skydance Media Undisclosed Hollywood, CA-based film studio 
Morgenthaler Private Equity Teel Plastics Undisclosed Baraboo, WI-based manufacturer of custom plastic tubing
Washington Equity Partners Tube Bending Undisclosed Apple Valley, CA-based manufacturer and fabricator of tubing and tubing assemblies

Venture Capital Investors Company  Amount Description
AccelFoods, New Crop Capital, Green Monday Ventures, Blue Horizon Alpha Foods $28M New York-based provider of vegetarian prepared meals
Venrock, Andreessen Horowitz Astranis $90M San Francisco, CA-based commercial satellite startup
Insight Partners Carbon Relay $63M Boston, MA-based startup focused on optimizing app performance in Kubernetes environments
ForgePoint Capital, Trend Forward Capital Cysiv $26M Dallas, TX-based SOC-as-a-service startup
WRVI Capital, Dell Technologies Capital, Redline Capital, Acorn Pacific Ventures Datometry $17M San Francisco,CA-based data warehouse virtualization startup
Millennium New Horizons, Unbound, LG, Nvidia Deep Instinct $43M US-Israeli cybersecurity startup
Osparie Ag Science, Spark Capital Freight Farms $15M Boston, MA-based maker of vertical-farming containers
super[set], Ridge Ventures Habu $15M US based developer of “omni-channel orchestration for the entire customer journey
blisce,  Waverley Capital, Times Bridge Headspace $53M Santa Monica, CA-based meditation app maker
Cyrus Capital Partners, State Farm Ventures, Upfront Ventures, FirstMark Capital, Greycroft HopSkipDrive $22M Los Angeles, CA-based ride-share company focused on kids and families
Northpond Ventures, Genoa Ventures, Vertical Venture Partners Intabio $18M Newark, CA-based developer of instrumentation systems for biotherapeutic precision analysis and quality assessment
Premji Invest, Cox Enterprises, Temasek F-Prime Capital, Devonshire Investors, .406 Ventures, Flare Capital Partners, Polaris Partners, Khosla Ventures Iora Health $126M Boston, MA-based primary care provider that focuses on Medicare patients over 65
Bain Capital Life Sciences, Andera Partners, GIMV, Legend Capital, NeoMed Management, RMM, Valiance Life Sciences, VI Partners JenaValve Technology $50M Irvine, CA-based developer of replacement heart valves
Greycroft, Maveron, Abstract Ventures Landing $20M San Francisco, CA membership-based provider of finished urban apartments
Eight Roads, F-Prime Capital, Matrix Partners India, Ventureast MoEngage $25M San Francisco, CA and Bangalore-based customer engagement and insights startup
Sequoia Capital, CPPIB, PSP Investments, Lightspeed Venture Partners, Accel, Base Partners, Iconiq Capital, Sapphire Ventures, Geodesic Capital, Social Capital Netskope $340M Los Altos, CA-based cloud access security broker,
Accel, Two Sigma Ventures, Heavybit, Prime Set, Bedrock Capital Radar $20M Brooklyn, NY-based location data infrastructure startup
Dragoneer Investment Group, Salesforce Ventures, Altimeter Capital, Iconiq Capital, Madrona Venture Group, Redpoint Ventures, Sequoia Capital, Sutter Hill Ventures Snowflake $479M San Mateo, CA-based cloud data warehousing company
Arch Venture Partners, Milky Way Ventures, 8VC, Lyell Immunopharma Sonoma Biotherapeutics $40M San Francisco, CA and Seattle, WA-based developer of regulatory T-cell treatments for autoimmune and neurodegenerative diseases
Cardinal Health, Novartis, Gilead Sciences, Canaan Partners, Threshold Ventures, Section 32, LifeForce Capital, Casdin Capital, Hive Ventures Vineti $35M San Francisco, CA-based developer of logistics software for cell and gene therapies

February 14th, 2020|Scherzer Deal Report|

The Scherzer Deal Report: Jan 29 – Feb 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
Trivest Partners Miami, FL $670M Trivest Growth Investment Fund II (“TGIF II”) and the Trivest Discovery Fund
Turn/River Capital San Francisco, CA $420M Fourth fund
Vestar Capital Partners New York, NY $1.1B Seventh middle-market buyout fund
Andreessen Horowitz Menlo Park, CA $750M Third life sciences  fund
ArcLight Capital Boston, MA $3.4B Seventh energy infrastructure fund
Industry Ventures San Francisco, CA $125M Debut tech buyout fund
U.S. Venture Partners Menlo Park, CA $340M Twelfth early-stage VC fund
Ecosystem Investment Partners Baltimore, MD $455M Fourth fund
Generate Capital San Francisco, CA $1B New fund

Private Equity Investors Company  Amount Description
Advent International Forescout Technologies $1.9B San Jose, CA-based device visibility and control company
Freeman Spogli Galco Undisclosed Madison Heights, MI-based distributor of MRO industrial electronic components
Black Dragon Capital Grass Valley Undisclosed Montreal-based provider of broadcast equipment and solutions
New Mountain Capital ILC Dover Undisclosed Frederica, DE-based maker of engineered products
Kriya Capital Medstat Accounts Receivables Management Undisclosed Mesa, AZ-based provider of revenue cycle services for medical professionals
Lakeview Capital The Mochi Ice Cream Co. Undisclosed Los Angeles, CA-based maker of branded mochi ice cream
Frontenac XanEdu Undisclosed Ann Arbor, MI-based provider of customized digital and print course materials

Private Equity Investors Company  Amount Description
SoftBank Vision Fund 2, GreenOaks Capital, Jackson Square Ventures, Olive Tree Capital, Zola Global Alto $250M San Francisco, CA-based digital pharmacy
Cottonwood Venture Partners, Mercury Fund Ambyint $15M Calgary-based AI-powered production and artificial lift optimization
Insight Partners, Lightspeed Venture Partners, Angular Ventures, Silvertech Ventures Aquant $30M New York-based service intelligence platform
Koch Disruptive Technologies, CRV, CrowdStrike Automox $30M Boulder, CO-based cyber hygiene platform provider
Koito Manufacturing Cepton Tech $50M San Jose, CA-based developer of LiDAR solutions
Eclipse Venture ClearMetal $15M San Francisco, CA-based Continuous Delivery Experience “CDX” for supply chains and logistics solutions
Andreessen Horowitz, Greylock Cresta $21M San Francisco, CA-based AI platform for customer service
Activant Capital, 8VC, GLP, Ryan Peterson Deliverr $40M San Francisco, CA-based delivery fulfilment startup
NewRoad Capital Partners, Greycroft, 9Yards Emerge $20M Phoenix, AZ-based digital freight marketplace
Sequoia Capital, Activant Capital, Inspired Capital, Acrew Capital, Bain Capital Ventures Finix $35M San Francisco, CA-based payments infrastructure platform
Imaginary Ventures, Wittington Ventures, Fifth Wall, Lerer Hippeau, Revolution’s Rise of the Rest Seed Fund, M3 Ventures, The University of Chicago, Collaborative VC, Wasson Enterprise, Bluestein Associates, Barshop Ventures Foxtrot $17M Chicago, IL-based online convenience store
Bessemer Venture Partners, Lead Edge Capital, Insight Partners, Atomico, 11.2 Capital, Quadrille Capital, Heuristic Capital Hinge Health $90M San Francisco, CA-based digital physical therapy platform
Morpheus Ventures, Alpha Edison,  PSP Growth HouseCanary $65M San Francisco, CA-based home valuation company
McKesson Ventures, Define Ventures, Khosla Ventures, Brook Byers, Marc Benioff Lightship $20M Los Angeles, CA-based direct-to-patient clinical research startup
Perceptive Advisors, Clifton Capital, RA Capital Management, Soleus Capital, ArrowMark Partners, Polaris Venture Partners, North Bridge Venture Partners, Intersouth Partners Lyra Therapeutics $30M Watertown, MA-based biotech focused on ear, nose and throat disease
Verily, Decheng, NFX, Mayfield, Brook Byers, Jeff Huber Mammoth Biosciences $45M San Francisco, CA-based CRISPR disease detection platform
AME Cloud Ventures, DataCore Software, Insight Partners MayaData $26M Palo Alto, CA-based container attached storage provider for Kubernetes
NEA, Apax Digita, Santo Domingo Family, Comerica Bank, TriplePoint Capital Moda Operandi $100M New York-based fashion discovery platform
MIG Capital, Western Digital Capital, Orange Digital Ventures, Partech Ventures, BGV, Plug-N-Play NGD Systems $20M Irvine, CA-based computational storage startup
SBI Holdings OpenLegacy $20M Princeton, NJ-based enterprise API integration platform
D1 Capital Partners, Fidelity, Partner Fund Management, T. Rowe. Price, Perceptive Advisors Outset Medical $125M San Jose, CA-based developer of an all-in-one dialysis device
DNX Ventures, Battery Ventures, Epic Ventures, Commerce Ventures, Wildcat Ventures, Leap Global Partners, BlueRun Ventures Paystand $20M Scotts Valley, CA-based commercial payments platform
Vulcan Capital, Durable Capital Partners Rad Power Bikes $25M Seattle, WA-based e-bike brand and retailer
Oak HC/FT, Felicis Ventures, Prologis, Craft Ventures, Signia Venture Partners, Storm Ventures, Struck Capital, Stage 2 Capital Sendoso $40M San Francisco, CA-based sending platform for e-gifts and customer engagement
Vertical Venture Partners, Grayhawk Capital, Ankona Capital, Blossom Street Ventures SOCi $15M San Diego, CA-based localized marketing platform
Yamasa, Pontifax AgTech, Partech Partners, Azure Capital Partners, Next Equity The Bouqs Co. $30M Venice Beach, CA-based online flower retailer
Accel, Floodgate, Weatherford Capital, Ballast Point Ventures, Silverton Partners The Zebra $38.5M Austin, TX-based auto insurance marketplace
GV, Bain Capital Ventures, Casdin Capital, Define Ventures Verana Health $100M San Francisco, CA-based clinical database

February 6th, 2020|Scherzer Deal Report|

The Scherzer Deal Report: Jan 22-29, 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
Benhamou Global Ventures Palo Alto, CA $150M Fourth fund
GLS Capital Chicago, IL $345M Debut litigation finance fund
Intermediate Capital Group London, UK $2.4B Third fund
Kinderhook Industries  New York, NY $1.11B Sixth private equity fund
Prime Movers Lab Jackson, WY $100M First seed-stage fund 
Ribbit Capital Palo Alto, CA $420M Sixth flagship fund

Private Equity Investors Company  Amount Description
TPG Growth Denali Water Solutions Undisclosed Russellville, AR-based provider of specialty waste and environmental recycling and disposal services
Incline Equity Partners  Foundation Source Undisclosed Fairfield, CT-based provider of support services to private foundations
Gryphon Investors PestRoutes Undisclosed Mckinney, TX-based provider of business management software for pest control companies
Warburg Pincus Scale Microgrid Solutions Undisclosed Ridgewood, NJ-based distributed clean energy and microgrid platform

Private Equity Investors
Susquehanna Growth Equity, Silversmith Capital Partners ActiveCampaign $100M Chicago, IL-based customer experience automation startup
SBI Material Innovation Fund, Future Shape, PeopleFund, Thiel Capital, DCVC,  YC Advano $18.5M New Orleans, LA-based developer of solutions for improving rechargeable battery life
Sequoia Capital, IVP, Eniac Ventures, NextView Ventures Attentive $70M New York-based personalized mobile messaging platform for brands
Centana Growth Partners, Pimco, Global Atlantic Beacon Platform $20M New York-based provider of capital markets software
Lightspeed Venture Partners, MizMaa Ventures, TLV Partners Bond $15M New York-based maker of electric tricycles for last-mile delivery
Greylock, Battery Ventures, Lerer Hippeau Clubhouse $25M New York-based software provider for engineers to produce new features or standalone apps
Mitsubishi Estate Co., Industry Ventures, Prudence Holdings, Lerer Hippeau Ventures, Jackson Square Ventures Crexi $30M Los Angeles, CA-based commercial real estate marketplace
Samsung, Industry Ventures, AvidBank, M12, Costanoa Ventures, True Ventures, Northgate Directly $20M San Francisco, CA-based developer of crowdsourced chatbots for customer service
Mubadala Capital, Canvas Ventures Gabi $27M San Francisco, CA-based startup aimed at helping consumers save money on home and auto insurance
Insight Partners Hivebrite $20M New York-based community management and engagement platform
Union Square Ventures, FirstMark Capital, Bain Capital Ventures, Index Ventures, Redpoint Ventures, Spark Capital, Thrive Capital Justworks $50M New York-based provider of HR management software
Horizons Ventures, Alibaba, CDIB, Himax Technologies, Qualcomm, Thundersoft, Sequoia Capital Kneron $40M San Diego, CA-based on-device edge startup
Morgan Stanley Expansion Capital, HPE, Sapphire Ventures OpsRamp $37.5M San Jose, CA-based startup that helps IT teams automate and manage hybrid environments
Coatue Management, First Round Capital Persona $17.5M San Francisco, CA-based identity verification startup
KKR, Norwest Venture Partners, Revolution Ventures, Susa Ventures, AXA Venture Partners, MassMutual Ventures,Transamerica Ventures Policygenius $100M New York-based online insurance marketplace
RA Capital, Abbvie Ventures, Atlas Venture, Arix Bioscience Quench Bio $50M Cambridge, MA-based biotech focused on inflammatory diseases
Anchor Group, Comcraft Roambee $15.2M Santa Clara, CA-based on-demand shipment monitoring platform
General Catalyst, Mayfield $50M San Jose, CA-based provider of cybersecurity and compliance automation tool
Felicis Ventures, Next47, Sequoia Capital, Meritech Capital Verkada $80M San Mateo, CA-based developer of physical security cameras for the enterprise
Eminence Capital, Raine Ventures Whip Media Group $50M Santa Monica, CA-based maker of the TV Time tracking app for television and film viewing

January 31st, 2020|Scherzer Deal Report|

The Scherzer Deal Report: Jan 15-22, 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.

Manage your Scherzer International subscription(s).

PE and VC Firms Fundraising Location Amount Description
Lexington Partners New York, NY $14B Ninth fund
Define Ventures San Francisco, CA $87M Debut fund
HarbourVest Partners Boston, MA 2.61B Eleventh US fund-of-funds
Hollyport Capital London, UK $1B Seventh private equity secondaries fund
KKR  New York, NY $2.2B Second tech growth equity fun
Manulife Investment Management Boston, MA $1.5B First Private Equity fund of funds
Pathway Capital Management   $1B Third private credit fund
Siguler Guff New York, NY $1.6B Fourth fund
The Blackstone Group New York, NY $3.4B Life Science fund

Private Equity Investors Company  Amount Description
Palladium Equity Partners  Accupac Undisclosed Mainland, PA-based provider of outsourced manufacturing and packaging solutions for the personal care and beauty markets
TPG Sixth Street Partners AvidXchange $260M Charlotte, NC-based provider of accounts payable and payment automation software
Veritas Capital  Campus Management Undisclosed Boca Raton, FL-based provider of student information systems and other software for higher education
New Mountain Capital Classic Collision Undisclosed Atlanta, GA-based operator of 34 collision-repair facilities in the Southeastern U.S.
Stone Point Capital, Further Global Duff & Phelps $4.2B New York, NY-based corporate advisor and valuation firm
Frazier Healthcare Partners Eptam Precision Solutions Undisclosed Northfield, NH-based outsourced medical device manufacturer
Skyview Capital Fidelis Cybersecurity Undisclosed Bethesda, MD-based enterprise network security company
Regent Square, Galtney Partners Generator Source Undisclosed Brighton, CO-based provider of commercial standby generators
Rhone Group, Chatterjee Group Lummus Technology $2.725B Bloomfield, NJ-based provider of chemical processing technologies for hydrocarbon industry
Long Ridge Equity Partners NinjaTrader Undisclosed Chicago, IL-based provider of trading software and brokerage services
Brand Velocity Partners Original Footwear Undisclosed Stockton, CA-based maker of footwear for military and law enforcement personnel
McNally Capital  Re-Sourcing Holdings Undisclosed New York, NY-based provider of staffing and direct hire solutions with a focus on compliance, legal, IT, finance, and HR

Private Equity Investors Company  Amount Description
SoftBank Group Bear Robotics $32M Redwood City, CA-based developer of food-delivery robots
SoftBank Group, Canaan Partners, NEA, Khosla Ventures Berkshire Grey $263M Lexington, MA-based developer of pick-and-place robots for commerce
T. Rowe Price, Viking Global Color $75M Burlingame, CA-based maker of at-home genetic testing kits
Norwest Venture Partners, Insight Partners, Norwest Partners FloQast $40M Los Angeles, CA-based provider of software for accountants
Arboretum Ventures, Venture Investors, Capital Midwest Fund, OSF HealthCare Health Scholars $17M Westminster, CO-based provider of VR simulations for clinical healthcare training
SoftBank Group, Norwest Venture Partners, Temasek, Richard Branson, Bill Gates, Threshold Ventures, Cargill, Tyson Foods, Finistere, Future Ventures, Kimbal Musk, Fifty Years, CPT Capital Memphis Meats $161M Berkeley, CA-based developer of cell-based meats
Emergence Capital, Ridge Ventures, 11.2 Capital, First Round Capital, Homebrew, Susa Ventures, SV Angel Outlier $22.1M Oakland, CA-based provider of automated business analytics
WestBridge Capital, AllianceBernstein, AXA Venture Partners, Sierra Ventures, Omidyar Technology Ventures, Sigma Prime, Karlani Capital Phenom People $30M Philadelphia, PA-based talent experience management platform
Five Elms Capital, Join Capital Proxyclick $15M New York, NY cloud-based visitor management platform
Inovia Capital, Blumberg Capital, FJ Labs Shyft $15M San Francisco, CA-based corporate relocation marketplace
SoftBank Group, DCM, Innovation Endeavors, Moore Strategic Ventures Skylo $103M San Mateo, CA-based network that connects any machine or sensor via satellites
Calibrate Ventures, Material Impact, Fanuc Corp., Honeywell, Hyperplane, Scale, Tekfen Ventures, Yamaha Soft Robotics $23M Bedford, MA-based robotics startup
BMW i Venture Software Motor Co. $25M Sunnyvale, CA-based provider of optical motor systems
Airbus, Catapult Ventures, Lauder Partners, John Doerr, Byers family SpinLaunch $35M Sunnyvale, CA-based developer of rocket-less satellite launch systems
Insight Partners, Goldman Sachs, Accel, Bain Capital Ventures Sysdig $70M San Francisco-based dev-ops platform
Andreessen Horowitz, M12, GGV Capital, Workday Ventures WorkBoard $30M Redwood City, CA-based provider of goal-setting SaaS

January 23rd, 2020|Scherzer Deal Report|

The Scherzer Deal Report: Jan 8-15, 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.

Manage your Scherzer International subscription(s).

PE and VC Firms Fundraising Location Amount Description
Lexington Partners New York, NY $14B Ninth fund
Define Ventures San Francisco, CA $87M Debut fund
HarbourVest Partners Boston, MA 2.61B Eleventh US fund-of-funds
Hollyport Capital London, UK $1B Seventh private equity secondaries fund
KKR  New York, NY $2.2B Second tech growth equity fun
Manulife Investment Management Boston, MA $1.5B First Private Equity fund of funds
Pathway Capital Management   $1B Third private credit fund
Siguler Guff New York, NY $1.6B Fourth fund
The Blackstone Group New York, NY $3.4B Life Science fund

Private Equity Investors Company Amount Description
AFV Partners Aircraft Performance Group Undisclosed Castle Rock, CO-based provider of flight operations software to business and charter aviators
Goldman Sachs Aptos Undisclosed Atlanta, GA-based provider of retail industry software
Denham Capital  Ceiba Energy $250M Developer and owner of power generation assets in Latin America
MiddleGround Capital  EDSCO Fasteners Undisclosed Denton, TX-based maker of anchoring systems for power transmission poles and other large steel structures
KPS Capital Partners IKG $85M Channelview, TX-based manufacturer of steel and aluminum bar grating
One Rock Capital Partners Innophos $932M Cranbury, NJ-based food additives maker
Freeman Spogli & Co. Kamps Undisclosed Grand Rapids, MI-based pallet management service provider
TPG Sixth Street Partners Medsphere Systems $40M Carlsbad, CA-based provider of healthcare IT software
Harvest Partners MRI Software Undisclosed Solon, OH-based provider of real estate management software
May River Capital NSL Analytical Services Undisclosed Cleveland, OH-based materials testing lab
Visa Plaid $5.3B San Francisco, IL-based provider of analytics software for accessing transaction data
Gemspring Capital  Skyline Displays Undisclosed St. Paul, MN-based provider of trade show displays
Arcapita  Waste Harmonics Undisclosed Victor, NY-based provider of waste management solutions

Private Equity Investors
Insight Partners 6sense $40M San Francisco, CA-based predictive intelligence platform for marketing and sales
March Capital Partners, Cisco Ventures, Sequoia Capital, Andreessen Horowitz, FirstMark Capital ActionIQ $32M New York-based customer data platform
Cigna Ventures Arcadia $29.5M Burlington, MA-based developer of population health management software
Cox Enterprises, Drive Capital, Heritage Group, Hearst Ventures, NCT Ventures Aver $27M Columbus, OH-based provider of bundled healthcare payment solutions
Qatar Investment Authority, Temasek, Calridge, Green Monday Ventures Califia Farms $225M Los Angeles, CA-based almond and oat milk producer
Adjuvant Capital, Euclidean Capital, Topspin Partners Codagenix $20M Farmingdale, NY-based developer of prophylactic vaccines and oncolytic virus therapies
Declaration Partners, Maverick Ventures, AllianceBernstein PCI, SymphonyAI Group Concerto HealthAI $150M Boston, MA-based provider of data and “enterprise AI tech” for precision oncolog
Insight Partners, Prism Ventures Covera Health $23.5M New York-based radiology diagnostics startup
AnGes, OrbiMed and Takeda Ventures Emendo Biotherapeutics $61M New York-based gene editing company
GV, Arch Venture Partners, Andreessen Horowitz, Casdin Capital, Section 32, Nextech, and Arboretum Ventures EQRx $200M Cambridge, MA-based developer of drug equivalars
L Catterton FlashParking $60M Austin, TX-based parking tech startup
Stray Dog Capital, Rocana Ventures, Almanac Investments, CPT Capital, New Crop Capital, Greenleaf Foods, 301 INC Gathered Foods $32M New York-based maker of plant-based seafood products
Grey Sky Venture Partners, Khosla Ventures, Northpond Ventures, Think.Health Ventures Inflammatix $32M Burlingame, CA-based developer of point-of-care infection diagnostics
MTech Capital, Viola FinTech, MassMutual, Nationwide Insurify $23M Cambridge, MA-based online insurer
Northpond Ventures IsoPlexis $20M Branford, CT-based developer of single-cell functional proteomics
Toyota, Baillie Gifford, Global Oryx, SPARX Group, Intel Capital, Capricorn Investment Group, JetBlue Technology Ventures, AME Cloud Ventures Joby Aviation $590M Santa Cruz, CA-based developer of electric air taxis
Brentwood Associates KeyMe $35M New York-based developer of key duplication kiosks
Gilead Sciences, Vida Ventures, Westlake Village BioPartners Kyverna $25M Berkeley, CA-based developer of cell therapies for serious autoimmune diseases
Bessemer Venture Partners, Threshold Ventures, Redpoint Ventures, Uncork Capital, Vertex Ventures, Bloomberg Beta LaunchDarkly $54M Oakland, CA-based feature management platform for software developers
Turning Rock Partners Next Level Aviation $15M Sunrise, CA-based supplier of spare parts for commercial aircraft
Fortress Investment Group, Columbia Capital, Future Fund, Telcom Ventures, Goldman Sachs, NEA, Oak Investment Partners NextNav $120M Sunnyvale, CA-based developer of a non-GPS indoor positioning system
Madrone Capital Partners, Arch Venture Partners, Decheng Capital, Domain Associates, Biomatics Capital Partners, Altitude Life Sciences Ventures, Nan Fung Life Sciences Omniome $60M San Diego, CA-based DNA sequencing platform
Vida Ventures, AbbVie Ventures, Foresite Capital, Canaan Partners PACT Pharma $75M San Francisco, CA-based developer of personalized adoptive T cell therapies
Updata Partners, Equity Venture Partners Practifi $16.3M Chicago, IL-based business management platform for financial advisors
Pavilion Capital, Decheng Capital, Hansjörg Wyss ReadCoor $27M Cambridge, MA-based multi-omic spatial sequencing platform
TIO Bioventures Treadwell Therapeutics $27M New York-based oncology pharma startup
Georgian Partners, Kleiner Perkins, M12, OurCrowd, Seven Peaks Ventures Trusona $20M Scottsdale, AZ-based multi-factor authentication startup
Alta Partners, RA Capital Management, Boxer Capital, Canaan Partners Tyra Biosciences $50M Carlsbad, CA-based developer of therapies targeted at drug-resistant cancer cells
Caffeinated Capital, Venrock, Obvious Ventures, Creandum, Playground Global, SciFi VC Virta Health $93M San Francisco, CA-based biotech that aims to reverse Type 2 diabetes,
Iconiq Capital, Tiger Global, Accel, Founders Fund, NGP Capital, Newfund Capital, Qualcomm Ventures Zinier $90M San Francisco, CA-based field service automation startup
Vertical Venture Partners, Health Velocity Capital, Healthworx, Horizon Healthcare Services Zipari $22.5M Brooklyn, NY-based customer experience platform for health insurance

January 16th, 2020|Scherzer Deal Report|

The Scherzer Deal Report: Jan 1-8, 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.

Manage your Scherzer International subscription(s).

PE and VC Firms Fundraising
Goodyear Tire & Rubber Co. Akron, OH $100M Debut of its corporate VC fund
H.I.G. WhiteHorse Miami, FL $1.1 b New senior secured financing fund
Narya Capital Cincinnati, OH $93M Debut fund
Platinum Equity Partners Santa Ana, CA $10B Fifth fund
Royal Street Ventures Kansas City, MO $16.4M Third fund
Shoreline Equity Partners Jacksonville, FL $300M Debut fund 
Vistria Group Chicago, IL $1.1 B Third fund

Private Equity Investors
Thomas H. Lee Partners  AmeriLife Undisclosed Clearwater, FL-based life and health insurer
Insight Partners Armis $1.1B Palo Alto, CA-based enterprise IoT security platform
One Equity Partners CDI Undisclosed New York, NY-based provider of IT infrastructure hardware and software, consulting, and managed services
Sun Capital Partners Cotton Holdings Undisclosed Houston, TX-based provider of infrastructure support services for the commercial restoration market
Colony Capital DataBank $185M Dallas, TX-based data center operator
Trinity Hunt Partners Dataprise Undisclosed Rockville, MD-based IT managed services provider
Northleaf Capital Partners  Douglas Terminals Undisclosed Belgian liquid bulk storage terminal 
Serent Capital ePayPolicy Undisclosed Austin, TX-based provider of electronic payments software for the excess and surplus insurance market
Galen Partners Evolve Treatment Centers Undisclosed Los Angeles, CA-based adolescent behavioral health services provider
Osceola Capital Healthcents Undisclosed Austin, TX-based provider of medical reimbursement services
NovaQuest, TripleTree Capital Partners, Frist Cressey Ventures InformedDNA Undisclosed St. Petersburg, FL-based genetic testing company
Permira, GIC, CPPIB Lytx Undisclosed San Diego, CA-based provider of video telematics for driver risk management
Aquiline Capital Partners Ontellus Undisclosed Houston, TX-based outsourced records retrieval company
ACON Investments Pine Environmental Services Undisclosed Windsor, NJ-based renter of environmental test and measurement equipment
Frontenac Prime Technology Group Undisclosed Wayne, PA-based provider of outsourced app development managed software for highly-regulated industries
Levine Leichtman Capital Partners  Resolution Economics Undisclosed Los Angeles, CA-based provider of economic and statistical consulting and expert testimony
Accel-KKR Springbrook Software Undisclosed Portland, OR-based provider of ERP and payments software for local government
Warburg Pincus Sundyne Undisclosed Arvada, CO-based provider of aftermarket industrial pumps and compressors
Sheridan Capital Partners  Tarrytown Expocare Undisclosed Austin, TX-based long-term care pharmacy for patients with intellectual and developmental disabilities
Crossplane Capital TransAxle Undisclosed Cinnaminson, NJ-based provider of drivetrain components for trucking companies
The Halifax Group TriMech Undisclosed Glen Allen, VA-based provider of computer-aided design and engineering software
Insight Partners Veeam Software Undisclosed Data backup company that plans to move its headquarters from Switzerland to the US

Private Equity Investors Company  Amount Description
TPG Sixth Street Partners, Goldman Sachs AvePoint $200M Jersey City, NJ-based provider of Microsoft Sharepoint management software
Tiger Global BigID $50M Israeli privacy compliance platform
L Catterton, Apax Digital, Temasek ClassPass $285M New York, NY-based fitness class marketplace
OMERS Ventures, American Family Ventures, Cox Enterprises, IA Capital Group Clearcover $43M Chicago, IL-based auto insurer
Future Ventures, Amplitude Ventures, Khosla Ventures, Magnetic Ventures, True Ventures Deep Genomics C$40 M Toronto-based developer of drugs for rare genetic diseases
CVC Growth Partners EcoVadis $200M Paris-based provider of business sustainability ratings for supply chains
Iconiq Capital, Susquehanna Growth Equity, Citi Ventures HighRadius $125M Houston, TX-based provider of order-to-cash and treasury management software
Andreessen Horowitz, Oak HC/FT, IA Ventures, Felicis Ventures Komodo Health $50M San Francisco, CA-based healthcare insights platform
Venrock, Highland Capital Partners, Providence Ventures, Salesforce Ventures Kyruus $42M Boston, MA-based provider of search and scheduling software for health systems
Vulcan Capital, Andreessen Horowitz, QED Investors, Fifth Wall Ventures, Thrive Capital, Valor Capital, Monashees Loft $175M Brazil-based platform for buying and selling residential properties
DCVC Bio, 5AM Ventures, Alta Partners, Alexandria Venture Investments, Mayo Clinic Novome Biotechnologies $33M San Francisco, CA-based drug developer that leveraged engineered gut bacteria
Navitas Capital, FirstMark Capital, Accomplice, Juxtapose Orchard $36M New York, NY-based home-buying marketplace
Concord Health Partners, Children’s Health of Dallas, OSF Healthcare System Pieces Technologies $25.7M Dallas, TX–based healthcare patient analytics company
SVB, Khosla Ventures, Bain Capital Ventures, Lightspeed Venture Partners and Canvas Ventures, Citi Ventures, Fort Ross Ventures, 7 Global Capital Roofstock $50M Oakland, CA-based online marketplace for single-family rental home investments
Insight Partners, Access Industries, Bessemer Venture Partners, Battery Ventures, DFJ Growth Sisense $100M New York, NY-based analytics platform for builders
Everstone Slayback Pharma $50M Princeton, NJ-based generic drugmaker
EW Healthcare Partners, Redmile Group, ArrowMark Partners, Broadfin Capital, General Atlantic, Orbimed, Meritech Capital Partners, CVF, NeoMed Management, Perceptive Advisors, JMR Capital, SEB Private Equity, Security Pacific Finance Sonendo $85M Laguna Hills, CA-based leading dental technology company
Kayne Partners, Kennet Partners Spatial Networks $42.5M St. Petersburg, FL-based provider of geospatial data collection and analytics for field ops
Nicol Investment Co., Maveron, Convivialite The Guild $25M Austin, TX-based short-term apartment rental platform
Madrona Venture Group, Alexandria Venture Investments, Ridgeback Capital,  Sahsen Ventures TwinStrand Biosciences $16M Seattle, WA-based generic sequencing tech startup
Blackhorn Ventures, Highland Capital, Fontanalis Partners, Drive Capital, Tectonic Ventures Vecna Robotics $50M Waltham, MA-based maker of self-driving forklifts
Bluestem Capital, PrairieGold Venture Partners, Genesis Innovation Group Virtual Incision $20M Lincoln, NE-based developer of miniaturized surgical robots

January 10th, 2020|Scherzer Deal Report|

The Scherzer Deal Report: Dec 11-18, 2019

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.

Manage your Scherzer International subscription(s).

PE and VC Firms Fundraising
Acrew Capital Palo Alto, CA $250M First fund
Gryphon Investors San Francisco, CA $300M Second mezzanine fund
Metric Capital Partners London, England €1.2B Fourth fund
Moxxie Ventures Mountain View, CA $25M Debut fund
Provident Capital Partners Singapore $200M Second fund focused on Southeast Asia
Rev1 Ventures Columbus, OH $15M Second fund
Sapphire Ventures Palo Alto, CA $1.15B $1 billion for its fourth flagship fund and $150 million for a new opportunities fund
Transformation Capital Boston, MA $425M Second fund
Tusk Ventures New York, NY and Los Angeles, CA $70M Second fund
Värde Partners Minneapolis, MN $2.47B 13th fund

Private Equity Investors Company Amount Description
Apax Partners Coalfire Undisclosed Westminster, CO-based provider of cybersecurity advisory and assessment services
Thompson Street Capital Partners Data Dimensions Undisclosed Janesville, WI-based provider of business process automation software
Partners Group Eyecare Partners $2.2B U.S. optometry and ophthalmology services group
Lovell Minnick Partners Fortis Undisclosed Novi, MI-based provider of payments and merchant solutions to businesses and software developers
LLR Partners Geoforce Undisclosed Plano, TX-based provider of traceability solutions for field equipment and vehicles
Attention Capital Girlboss Undisclosed Los Angeles, CA-based millennial women-focused media company
The Riverside Company HealthTech BioActives Undisclosed Spanish manufacturer of active pharmaceutical ingredients (APIs), excipients, flavourings and sweeteners for the pharmaceutical, nutraceutical and cosmetic industries
Crestview Partners  ICM Partners $150M Hollywood talent agency
NewLook Capital InSite Undisclosed Hoover, AL-based designer, builder, and operator of wastewater treatment facilities
Thoma Bravo J.D. Power Undisclosed Wilmington, DE-based customer survey and car ratings company
Francisco Partners, Elliott Management LogMeIn Undisclosed Boston-based workplace software company
The Halifax Group Maverick Fitness Undisclosed Dallas-based owner of 30+ Orange Theory fitness centers
The Blackstone Group Tallgrass Energy Undisclosed Kansas-based midstream energy infrastructure company
Five Point Energy, GIC, Magnetar Capital WaterBridge Holdings Undisclosed Houston, TX-based water midstream platform

Private Equity Investors Company Amount Description
Pantera Capital, Stanford University, Coinbase, Mayfield, SignalFire, Samsung, StartX, Kenetic, Dreamer Alchemy $15M San Francisco-based startup that helps companies build apps on top of blockchain tech
Andreessen Horowitz, NEA, Intel Capital, Ant Financial, Amplify Partners, 11.2 Capital, The House Fund Anyscale $20.6M Berkeley, CA-based open-source platform for helping developers build distributed apps
Perceptive Advisors, Redmile Group, Soleus Capital, Driehaus Capital Management, ArrowMark Partners, Sands Capital, Longwood Fund, PBM Capital, Boulder Venture ArcherDX $55M Boulder, CO-based personalized genomic medicine startup
McCarthy Capital Big Belly Solar Undisclosed Needham, MA-based maker of solar-powered, sensor-equipped waste and recycling stations for public spaces
NEA, Bessemer Venture Partners, Cross Creek Advisors, Declaration Partners, Flare Capital Partners, Greenspring Associates, Meritech Capital, Redpoint Ventures, Town Hall Ventures Bright Health $635M Minneapolis, MN-based health insurance company
Goldman Sachs CallMiner $75M Waltham, MA-based provider of speech and customer interaction analytics
GGV Capital, Eldridge Industries, 3L Capital, Tribeca Venture Partners, SoftBank NY, Tenaya Capital, Upper90 Domio $50M New York-based renter of apartment-like hotel rooms
Avathon Capital, National Grid Partners, State Street Global Advisors, REV Venture Partners EdCast $35M San Francisco-based provider of personalized corporate learning software
Longitude Capital, ARCH Venture Partners, Bluebird Ventures, Adams Street Partners, Vertex Ventures HC, The Longevity Fund Epirium Bio $85M San Diego, CA-based clinical stage biopharmaceutical company
Arcline Investment Management Fairbanks Morse $450M Beloit, WI-based maker of diesel engines and generators
Insight Partners, Accomplice, Navitas Capital HqO $34M Boston-based tenant experience platform for commercial real estate
Tribe Capital, Amaranthine, Crosslink Capital, Uncork Capital Huckleberry $18M San Francisco-based online insurance purchasing and management platform for small businesses
Lux Capital, A.Capital, Betaworks Hugging Face $15M New York-based natural language processing library and chatbot developer
Boxcar PMJ Immuneering $17M Cambridge, Mass.-based drug startup whose lead candidate is aimed at cancer cachexia
Jump Capital, High Alpha Capital, Greenspring Associates, SVB LogicGate $24.75M Chicago-based process automation startup for enterprise GRC
Scale Venture Partners, General Catalyst, Polaris Partners, 7wire Ventures OM1 $50M Boston-based startup focused on predicting medical patient outcomes
Healthcare Venture Partners, Breyer Capital Paige $45M New York-based computational pathology startup focused on cancer
BIP Capital, Jeff Vinik, Teall Capital, Crossover PlayOn Sports $25M Atlanta-based high school sports media company
Open Prairie, S2G Ventures, Middleland Capital Shenandoah Valley Organic $15M Harrisonburg, VA-based organic meat brand
Lightspeed Venture Partners, Upfront Ventures, Advancit Capital Solve $20M Venice Beach, CA-based maker of mobile crime mystery games
Sageview Capital Theatro $20M Dallas-based enterprise mobile voice platform
5AM Ventures TMRW Life Sciences $25M New York-based embryology and cryo-management startup
MPM Capital, Pfizer Ventures, Invus, Partners Innovation Fund, Alexandria Venture Investments, Atlas Ventures Triplet Therapeutics $49M Cambridge, MA-based developer of drugs for repeat expansion disorders 
Undisclosed Velano Vascular $25M San Francisco-based developer of vascular access technology products
Insight Partners, Battery Ventures, Hyde Park Venture Partners, EPIC Ventures, Bowery Capital, Cintrifuse Vndly $35M Cincinnati, OH-based management platform for gig economy workforce

December 20th, 2019|Scherzer Deal Report|

The Scherzer Deal Report: Dec 4-11, 2019

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.

Manage your Scherzer International subscription(s).

PE and VC Firms Fundraising Location Amount Description
Centana Growth Partners New York, NY $375M Second fund
Hyde Park Venture Partners Chicago, IL and Indianopolis, IN $100M Third fund
Kaiser Permanente Ventures Oakland, CA $141M Fifth fund
Leonard Green & Partners Los Angeles, CA $14.75B $12 billion for its eighth flagship buyout fund, and $2.75 billion for its first middle-market fund
May River Capital Chicago, IL $300M Second fund
Omega Funds Boston, MA $438M Sixth fund
Parthenon Capital Boston, MA $2B+ Sixth PE fund
Pear Palo Alto, CA $160M Third fund
Piva San Francisco, CA $250M Debut fund
PXV Fund  New York, NY $210M Debut biotech VC fund
SignalFire San Francisco, CA $500M $300 million for its second growth-stage venture fund and $200 million for its third seed fund
Spring Lane Capital Boston, MA and Quebec, Canada $157M Debut fund

Private Equity Investors Company Amount Description
Boathouse Capital Fresh Dining Concepts Undisclosed Coral Gables, FL-based Auntie Anne’s franchisee with over 50 stores
Growth Street Partners HR Acuity Undisclosed Florham Park, NJ-based provider of software to manage, track, and investigate employee issues
Harvest Partners Lazer Spot Undisclosed Alpharetta, GA-based provider of outsourced rail yard management services
KKR  Metro Pacific Hospitals Holding $685M Philippines’ largest hospital chain
Varsity Healthcare Partners Peak Undisclosed Colorado Springs, CO-based provider of gastroenterology services and related patient diagnostic and remedial treatment services

Private Equity Investors Company Amount Description
Piper Jaffrey Merchant Banking, Telegraph Hill Partners, Agilent Technologies, Innovatus Capital Partners Akoyo Biosciences $50M Menlo Park, CA-based spatial biology startup
G2VP, Macquarie Capital, Macquarie Commodities, Global Markets, Mitsui USA, Seek Ventures, Energy Impact Partners, Box Group, ValueAct Capital Arcadia $30M Washington, DC-based tech company focused on consumer energy
Boxer Capital Black Diamond Therapeutics $85M Cambridge, MA-based cancer precision medicine company
Bain Capital Ventures, The KCK Group, Founders Fund, Winklevoss Capital, Polychain Capital Crusoe Energy Systems $70M Denver-based provider of innovative solutions for the energy industry
Tao Capital Partners FoodMaven $15.3M Colorado Springs, CO-based food-sourcing startup
Vitruvian Partners Gelesis $63.4M Boston, MA-based developer of an oral hydrogel for treating obesity and chronic GI tract diseases
Iconiq Capital, General Catalyst, G20, Pillar, American Family Ventures Hometap $100M Boston,vMA-based startup that helps homeowners take out cash without assuming new debt
Ally Bridge Group, Bain Capital Life Sciences, Ascension Ventures, Delos Capital, Rock Springs Capital, 3H Health Investment, Incept LLC IImperative Care $85M Campbell, CA-based developer of neurovascular devices for treating ischemic and hemorrhagic strokes
Andreessen Horowitz, Geodesic Capital, Khosla Ventures Imply $30M Burlingame, CA-based provider of real-time analytics
Paladin Capital Group Inscripta $125M Boulder, CO-based developer of genome-engineering devices
Viking Global Investors, CRV, Index Ventures, Blue Cloud Ventures, Harmony Partners, Stereo Capital Iterable $60M San Francisco, CA-based cross-channel growth marketing platform
Abingworth, Qiming Venture Partners USA, Surveyor Capital, Alexandria Venture Investments Jasper Therapeutics $35M Palo Alto, CA-based developer of safer, non-chemo conditioning and therapeutic agents for hematopoietic stem cell transplants and gene therapies
S3 Ventures, Next Coast Ventures LeanDNA $15M Austin, TX-based analytics platform for factory management
Goldman Sachs LeanTaaS $40M Santa Clara, CA-based provider of SaaS for managing operating room and infusion center operations
Ganot Capital Notal Vision $25M Manassas, VA-based provider of ophthalmic diagnostic services
Scale Venture Partners, Nexus Venture Partners, Steadview Capital, 01 Advisors, Emergent Ventures ObserveAI $26M San Francisco, CA-based provider of voice customer service agent enablement software
Battery Ventures, Wing VC, 1011 Ventures, Unusual Ventures Ordr $27.5M Boston, MA-based enterprise IoT security startup
Rho Capital Partners, H.I.G. Growth Partners, ThornTree Capital Partners Passport $65M Charlotte, NC-based mobility management platform
Millennium Technology Value Partners, Third Point Ventures, Eastward Capital Partners PrecisionHawk $32M Raleigh, NC-based developer of drones for the enterprise
PXV Fund Quellis Biosciences $17M Boston, MA-based drug startup focused on rare diseases
Grand Oaks Capital Viridi Parente $29M Buffalo, NY-based maker of renewable power systems for heavy machinery and storage applications
Durable Capital Partners, T Rowe Price, L Catterton Vroom $254M New York, NY-based platform for buying and selling used vehicles
Vitruvian Partners, Insight Partners WalkMe $90M San Francisco-based digital adoption platform for enterprises
Harbert Growth Partners, Camber Creek, Highland Capital Partners, Working Lab Capital, Geolo Capital, Rise of the Rest WhyHotel $20M Washington, DC-based operator of pop-up hotels in luxury apartment buildings
Benchmark, Bessemer Venture Partners Wildlife Studios $60M San Francisco, CA-based mobile gaming studios
Matrix Capital, Viking Global Investors, Redmile Group, Farallon Capital, Perceptive Advisors, Surveyor Capital, and Eventide Asset Management Zentalis Pharma $85M New York and San Diego-based cancer drug startup
Airbnb, Comcast, CEAS Investments, TI Platform Management, Alumni Ventures Group, Initialized Capital, NFX, Spike Ventures Zeus Living $55M San Francisco, CA-based corporate housing startup

December 12th, 2019|Scherzer Deal Report|

The Scherzer Deal Report: Nov 27-Dec 4, 2019

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.

Manage your Scherzer International subscription(s).

PE and VC Firms Fundraising Location Amount Description
8-Bit Capital San Francisco, CA $25M Debut fund
Accel Palo Alto, CA $550M Sixth India-focused VC fund
Commerce Ventures San Francisco, CA $60M Third fund
Harlem Capital New York, NY $40M Debut fund for diversity-focused venture capital firm
Plexo Capital San Francisco, CA $42.5M Debut fund
Portag3 Ventures Toronto, Canada $320M Second fund
Revelstoke Capital Partners Denver, CO $1.4B Second fund
Storm Ventures Menlo Park, CA $130M Sixth fund

Private Equity Investors Company Amount Description
AE Industrial Partners AIM MRO Undisclosed Ohio-based maker of consumable repair products and materials for the aerospace engine aftermarket
Permira Cambrex $2.4B New Jersey-based life sciences contract manufacturer
TZP Capital Partners Christy Sports Undisclosed Lakewood, CO-based winter sports and outdoor furniture retailer
CapitalG, Union Square Ventures, Kleiner Perkins, NEA, Drive Capital, Ashton Kutcher, Tim Ferriss Duolingo $30M Pittsburgh, PA-based language-learning platform
Thoma Bravo Instructure approx $2B Salt Lake City,UT-based education software company
Stone Point Capital PrismHR Undisclosed Hopkinton, MA-based HR technology platform powering payroll, benefits, and HR for small and medium-sized businesses
Gemspring Capital  Shrieve Chemical Co. Undisclosed Texas-based provider of industrial chemicals, performance fluids and specialty lubricants
Monomoy Capital Partners  Sportech Undisclosed Elk River, MN-based maker of cab components and systems for powersports
WILsquare Capital Versare Solutions Undisclosed Minneapolis, MN-based manufacturer and e-commerce based marketer of branded space efficiency and acoustical products

Private Equity Investors Company Amount Description
SoftBank Group, New Ground Ventures, Toyo Kanetsu Corporate Venture Investment Partnership, RevTech Accel Robotics $30M San Diego, CA-based computer vision startup focused on cashier-less stores
Deerfield Management Civetta Therapeutics $53M Cambridge, MA-based developer of drugs targeting beta-propeller proteins
Sequoia Capital Dolls Kill $40M Los Angeles-based fashion brand and retailer
Morgan Creek Digital, MUFG Innovation Partners, DCM, Digital Currency Group, HCM Capital, Ribbit Capital, RPM Ventures, partners of DST Global Figure $103M San Francisco-based consumer lending platform
NEA, American Express, Latitude Ventures Flow $37M Hoboken, NJ-based provider of cross-border ecommerce software for brands and retailers
Sequoia Capital, Battery Ventures, Norwest Venture Partners, Shlomo Kramer, Wing Venture Capital, NextWorld Capital, Cisco Investments Gong $65M San Francisco-based revenue intelligence platform
Omega Funds, Atlas Venture, Abingworth IFM Therapeutics $55.5M Boston-based biotech focused on autoimmune diseases
Coatue Management, Battery Ventures, Tiger Global Management Kustomer $60M SaaS platform for enterprise customer service
Toyota May Mobility $50M Ann Arbor, MI-based operator of autonomous shuttle services
Valor Equity Group, The Rise Fund, Velocity Capital Migo $20M San Francisco-based consumer credit platform for emerging markets
Oak HC/FT, Aleph, Lane Bess Panorays $15M New York-based security lifecycle management startup
Durable Capital Partners Rapyd $20M Half Moon Bay, CA-based fintech-as-a-service provider
LLR Partner Relay Network $30M Radnor, PA-based personalized mobile engagement company
 LLR Partner Suvoda $40M Conshohocken, PA-based provider of software for randomization and trial supply management

December 6th, 2019|Scherzer Deal Report|