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.
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Fundraising for PE & VC Funds
Forward Consumer Partners
$500M
Second fund
Kleiner Perkins
$3.5B
22nd early-stage fund & a growth fund
Lead Edge Capital
$3.5B
Seventh flagship growth equity fund
Overmatch Ventures
$250M
Second fund
Pritzker Alternative Strategies
$385M
Debut fund-of-funds for family offices
Private Equity Deals
Lone Star Funds
Alliance Ground International
Undisclosed amount
Miami, FL-based airport services provider
Terminus Capital Partners
Andesa
Undisclosed amount
Allentown, PA-based provider of policy lifecycle administration of insurance and annuity products
Rootstock
Ascent Solutions
Undisclosed amount
Minneapolis, MN-based provider of Salesforce-native ERP and operational applications
TPG and Allianz-X
Cambridge Mobile Telematics
$350M
Cambridge, MA-based telematics provider
Relation Insurance Services
Chinook Insurance Group
Undisclosed amount
Seattle, WA-based commercial insurer
Etna Capital
Code Road
Undisclosed amount
Boca Raton, FL-based provider of digital engineering and software development to enterprise customers
Hopper OS
Efferent
Undisclosed amount
The Woodlands, TX-based healthcare informatics company
GIC
Envu
Undisclosed amount
Cary, NC-based pest control chemicals manufacturer
Allvia
HR Pals
Undisclosed amount
Los Angeles, CA-based provider of outsourced HR administration and employee support services
Tandym Group
InteliNotion
Undisclosed amount
Princeton, NJ-based provider of software company for structured content authoring and content management
Echo Global Logistics
ITS Logistics
Undisclosed amount
Reno, NV-based third-party logistics provider
Thompson Street Capital Partners
Karpel
Undisclosed amount
St. Louis, MO-based provider of case management software for prosecutor and public defender offices
Primary Wave
Kobalt
$1.5B
New York City, NY-based music publisher
Synergy Sports Capital
League One Volleyball
Undisclosed amount
Salt Lake City, UT-based volleyball franchise
Amlon
Lion Industrial Resources
Undisclosed amount
Channelview, TX-based industrial waste management firm
Goldner Hawn
Lone Star Environmental Cos.
Undisclosed amount
Houston, TX-based provider of underground infrastructure services
Southfield Capital
Metric Search
Undisclosed amount
New York City, NY-based recruiter focused on areas like life sciences and data centers
KKR
Nothing Bundt Cakes
$2B
Addison, TX-based bakery chain
Viventium
Perks4Care
Undisclosed amount
Lighthouse Point, FL-based rewards and recognition platform for post-acute care workers
Bonaccord Capital Partners
Prime Finance
Undisclosed amount
San Francisco, CA-based commercial real estate credit platform
Gravis
Procon Pacific
Undisclosed amount
Lombard, IL-based maker of intermediate bulk containers and industrial packaging
Clearlake
Qualus
Undisclosed amount
Lake Mary, FL-based power and electric grid services platform
Advent International
Salt and Stone
Undisclosed amount
Castaic, CA-based body care and fragrance company
Bansk
So Good So You
Undisclosed amount
Minneapolis, MN-based maker of wellness shots
Main Post
Stellar Snacks
Undisclosed amount
Carson City, NV-based pretzel maker
Bow River Capital
TrackVia
Undisclosed amount
Denver, CO-based federal contracting compliance platform
AEA Investors
Trinamix
Undisclosed amount
San Jose, CA-based provider of cloud and ERP solutions
Chimney Rock
United Electronics
Undisclosed amount
Charleston, SC-based electronics design and manufacturing company
HGGC and Wealth Partners Capital Group
Verdence Capital Advisors
Undisclosed amount
Hunt Valley, MD-based registered investment adviser (RIA)
Venture Capital Deals
Quadrille Capital, General Catalyst, and Bling Capital
Adonis
$40M
New York City, NY-based orchestration platform for health-care
RCMRTW Investments
Amani Therapeutics
$25M
New York City, NY-based neuropsychiatric biotech
Headline, Village Global, and TA Ventures
Blossom Health
$20M
New York City, NY-based psychiatry platform
Sumeru Equity Partners and Camber Creek
Cents
$140M
New York City, NY-based provider of payments software for launderers
Balderton Capital, DTCP, Accel, Cherry Ventures, and Dig Ventures
Dash0
$110M
New York City, NY-based observability startup
A91 Partners, SIG, and Prosus Ventures
Deccan AI
$25M
San Francisco, CA-based provider of post-training data and evaluation
Abstract, Lightspeed, USV, Seven Stars, Mantis, and Tusk Ventures
Doctronic
$40M
New York City, NY-based telemedicine practice
Madrona, Premji Invest, Intuit Ventures, Greyhound Capital, Commerce Ventures, Theory, General Catalyst, Contrary Capital, Mintaka, and Pathlight VC
Doss
$55M
San Francisco, CA-based provider of inventory management software
Seligman Ventures, Intel Capital, AIconic Ventures, and Cambium Capital
Epic Microsystems
$21M
Morgan Hill, CA-based developer of power delivery solutions for AI infrastructure
Satori Neuro and Prime Movers Lab
Gilgamesh Pharma
$60M
New York City, NY-based neuroscience biotech
Menlo Ventures, Factory, Eclipse, Prosperity7, and Triatomic
Gimlet Labs
$80M
San Francisco, CA-based developer of AI inference software
Khosla Ventures, 359 Capital, General Catalyst, Valor Equity, Common Metal, Makers Fund, Arcadia, and SV Angel
Highlight AI
$40M
San Francisco, CA-based proactive operating system for business teams
Volition Capital
Keynes
$40M
Austin, TX-based connected TV analytics platform
Cubit Capital and Idea Fund Partners
Lucid Bots
$20M
Charlotte, NC-based maker of window-washing drones
General Catalyst
Mirage
$75M
New York City, NY-based maker of the Captions video editing app
Samsung Catalyst Fund, Galvanize, Brevan Howard Macro Venture Fund, ArcTern Ventures, Celesta Capital, Drive Capital, First Spark Ventures, and Micron Ventures
Normal Computing
$50M
New York City, NY-based maker of software for chip design and thermodynamic computing chips
Neuro.VC and Byers Capital
Oryon Cell Therapies
$21M
Belmont, MA-based developer of stem cell therapies for Parkinson’s
Ondas, Hood River, Cedar Pine, Hanwha Asset Management, and Booz Allen Hamilton
PDW
$110M
Huntsville, AL-based drone maker
NEA, Transformation Capital, GreatPoint Ventures, Cathay Innovation, Menlo Ventures, SignalFire, Frist Cressey Ventures, Flare Capital Partners, Healthier Capital, Town Hall Ventures, and Intermountain Ventures
Qualified Health
$125M
San Carlos, CA-based AI platform for health systems
Insight Partners
Rocketlane
$60M
San Francisco, CA-based customer onboarding and project delivery platform for professional service firms
Intact Private Capital, Spark Capital, and Costanoa Ventures
Shepherd
$42M
San Francisco, CA-based commercial insurance platform
Advent International
Shield AI
$2B
San Diego, CA-based -based developer of drone tech for the military
StepStone, GV, Riot Ventures, Fika Ventures, and CIV
Sift
$42M
El Segundo, CA-based “intelligence layer” for complex machine
Oak HC/FT, a16z, Flourish, Gradient, NAventures, National Bank of Canada, and YC
Spade
$40M
New York City, NY-based data and AI platform which helps banks and fintechs turn transaction strings into structured merchant data
RA Capital, Engine Ventures, GHIC, and Siteground
Terrestrial Bio
$50M
Boston, MA-based GLP-1 delivery company
Oak HC/FT, CRV, and Black Opal Ventures
Thesis Care
$45M
New York City, NY-based clinical care platform
Fulcrum Equity Partners, Amex Ventures, and TTV Capital
Worth
$30M
Orlando, FL-based SMB onboarding platform for financial institutions
Mohari Ventures Natural Capital, Craft Ventures, Iconiq, Woven Capital, NGP Capital, Samsung Next, and Hexagon
Xona
$170M
Burlingame, CA-based network of small satellites for navigation