Scherzer Deal Report

The Scherzer Deal Report: February 10-14, 2025

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.

Sign up: Get private equity and venture capital deals delivered to your inbox every week!

Fundraising for PE & VC Funds

IMB Partners
$125.5M
Debut fund

Northrim Horizon
$235M
Third PE fund

Oaktree Capital Management
$16B
12th flagship fund

PSG
$8B
Sixth flagship fund ($6B) and a new continuation fund ($2B)

Thomson Reuters
$150M
Second VC fund

Ulu Ventures
$208M
Fourth fund

Private Equity Deals

Tiger Infrastructure Partners
Bolder Industries
Undisclosed amount
Boulder, CO-based circular-economy infrastructure platform for the rubber, plastic and petrochemical industries

Platinum Equity
Global the Source
Undisclosed amount
Universal City, TX-based master distributor of HVAC/R components

Purchase Capital
Jetset Pilates
Undisclosed amount
New York, NY-based reformer Pilates chain

McNally Capital
Jewett Automation
Undisclosed amount
Richmond, VA-based manufacturer of industrial filtration equipment and automation solutions

Fourshore Partners
Palm Coast Sales
Undisclosed amount
Jupiter, FL-based wholesale distributor of outdoor kitchen appliances

Nautic Partners
Proud Moments ABA
Undisclosed amount
Brooklyn, NY-based provider of applied behavioral analysis (ABA) therapy to children with autism

Multiples
QBurst
Undisclosed amount
Chantilly, VA-based product development and consulting company

Rotunda Capital Partners
RMH Systems
Undisclosed amount
Waukee, IA-based provider of material handling, packaging, and automation solutions

RF Investment Partners
S&K Building Services
Undisclosed amount
Indianapolis, IN-based provider of window washing and related services to multi-story commercial properties

Gemspring
Sitemetric
Undisclosed amount
Houston, TX-based provider of construction jobsite security, safety, and workforce management solutions

PSG
Uscreen
Undisclosed amount
Bethesda, MD-based video monetization platform for creators

Warburg Pincus
Vermont Information Processing
$1B
Colchester, VT -based provider of software for beverage distributors

The Riverside Co.
Wall Street Prep
Undisclosed amount
Newton, MA-based provider of financial training solutions and certifications

Venture Capital Deals

Accurant International, Carrier Global, Climate Investment, Breakthrough Energy Ventures, Next47, and Wind Ventures
75F
$45M
Minneapolis, MN-based company commercial HVAC automation company

NEA, Foresite Capital, RA Capital Management, Bain Capital Life Sciences, Redmile Group, Samsara BioCapital, Sanofi Ventures, Pontifax, Mass General Brigham Ventures, New Leaf Ventures, abrdn, BlackRock, Eurofarma Ventures, and Soleus Capital
Abcuro
$200M
Newton, MA-based developer of anti-KLRG1 treatments for autoimmune diseases and cancer

S2G Investments
ANA
$50M
Henderson, NV-based maker of hybrid mobile generators

Amplify Partners and Spark Capital
Antithesis
$30M
Vienna, VA-based autonomous software testing startup

B Capital, Capital Factory, and Google
Apptronik
$350M
Austin, TX-based developer of humanoid robots

PeakSpan Capital, YC, Trestle Partners, and Singularity Capital
Boostly
$22M
Lehi, UT-based provider of SMS marketing software for restaurants

Oak HC/FT
Candid Health
$52.5M
San Francisco, CA-based revenue cycle management platform for medical billing

Bond and Workday
Comulate
$20M
San Francisco, CA-based revenue management platform for insurance brokers

Menlo Ventures, Left Lane Capital, Foundation Capital, and Afore Capital
ConverzAI
$16M
Redmond, WA-based provider of recruiting software

Tiger Global, Maverick Silicon, Capital TEN, SIP Global Partners, Zero Infinity Partners, CTBC VC, Vanderbilt University, Morgan Creek Digital, RTX Ventures, Anzu Partners, Scout Ventures, AlleyCorp, ACVC, and S5VEn
Charge AI
$100M
Santa Clara, CA-based developer of analog in-memory-computing AI chips

The Steele Foundation
Epicore Biosystems
$26M
Cambridge, MA-based wearables startup

General Catalyst, Floodgate, Sierra Ventures, Hakluyt Capital, Defy, Everywhere Ventures, B3 Capital, Backbone, and Firsthand
Eudia
$30M
Palo Alto, CA-based AI platform for enterprise legal teams

8VC, Autotech Ventures, Munich Re Ventures, and Weatherford Capital
High-Definition Vehicle Insurance
$40M
Chicago, IL-based commercial auto insurance startup

NVP and Tiger Global
ICON
$56M
Austin, TX-based company that builds homes using 3D printing

Beringea
InvestNext
$15M
Detroit, MI-based real estate investment management platform

Lightspeed Venture Partners, Altimeter Capital, Alpine Space Ventures, and First Round Capital
K2 Space
$110M
Torrance, CA-based satellite platform

CRV, HubSpot Ventures, Recall Capital, and Afore
Koala
$15M
San Francisco, CA-based CRM startup

Pulse Fund, Social Capital, and Seven Seven Six
Mast Reforestation
$25M
Seattle, WA-based reforestation startup

Acrew Capital, Morgan Stanley, Amex Ventures, TIAA Ventures, Allstate, Intel Capital, Mango Capital, and True Ventures
Moderne
$30M
Miami, FL-based automated code refactoring and analysis company

Goldman Sachs Alternatives, Novo Holdings, Longwood Fund, DCVC Bio, and Arkin Bio Capital
Newleos Therapeutics
$93.5M
Boston, MA-based developer of anti-anxiety drugs

Five Elms Capital
Pathify
$25M
Denver, CO-based digital engagement hub for higher ed

Battery Ventures, Index Ventures, and Connect Ventures
Plain
$15M
San Francisco, CA-based B2B customer support startup

Forerunner Ventures, Left Lane Capital, and Felicis
Prenuvo
$120M
Redwood City, CA-based provider of whole-body MRI screening

Google and SoftBank
QuEra Computing
$170M
Boston, MA-based quantum computing startup

Activant Capital, a16z, Nyca Partners, GV, Geodesic Capital, Cross Creek Capital, Moody’s Analytics, Experian Ventures, and NAventures
Sardine
$70M
Miami, FL-based fraud prevention startup

Brightmind Partners, Costanoa Ventures, M12, and Cisco Investments
SGNL
$30M
Palo Alto, CA-based identity management startup

Vertex Growth Singapore, Trident Partners, Xeed VC, Arkam Ventures, Prosus Ventures, and Premji Invest
SpotDraft
$54M
New York, NY-based contract management platform for in-house legal teams

Threshold Ventures, Craft Ventures, Intel Capital, and YC
Suger
$15M
San Francisco, CA-based platform for helping software companies transact on cloud marketplaces

The Scherzer Deal Report: February 3-7, 2025

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.

Sign up: Get private equity and venture capital deals delivered to your inbox every week!

Fundraising for PE & VC Funds

Balbec Capital
$1.7B
Sixth private credit fund

CF Private Equity
$665M
15th venture fund-of-funds ($539M), second venture direct fund ($100M, and a blockchain venture fund ($25M)

Conviction Partners
$230M
Second fund

GTMfund
$54M
Second VC fund

Longshore Capital Partners
$325M
Second fund

o15 Capital Partners
$370M
Credit opportunities fund

Overlap Holdings
$33M
Debut VC fund

Petra Capital Partners
$270M
Fifth growth equity fund

TVM Ventures
$100M
Debut fund

Private Equity Deals

Blackstone
AI Fire
Undisclosed amount
Long Beach, CA-based provider of fire safety equipment

TPG
Altus Power
Undisclosed amount
Stamford, CT-based owner of largest commercial-scale solar in the U.S.

The Stephens Group
Astro Pak
Undisclosed amount
Costa Mesa, CA-based provider of cleaning services for regulated industries

Brookfield
Chemelex
Undisclosed amount
Houston, TX provider of electric thermal and sensing solutions

Trinity Hunt Partners
Craft and Verndale
Undisclosed amount
Boston, MA-based digital customer experience services companies

Frontenac
CROM
Undisclosed amount
Gainesville, FL-based provider of water infrastructure solutions

Permira
Encore Fire Protection
Undisclosed amount
Pawtucket, RI-based leading provider of fire protections services

Architect Equity
Gibbs Die Casting
Undisclosed amount
Henderson, KY-based maker of die-cast products for the automotive and industrial markets

DigiCap
Govplace
Undisclosed amount
Bethesda, MD-based provider of IT solutions for federal agencies

Rubicon Founders
Horizon Infusions
Undisclosed amount
Blue Ash, OH-based ambulatory infusion provider

Godspeed Capital
InSite Engineering
Undisclosed amount
Hoover, AL-based water and wastewater engineering firm

Greenhall Capital Partners
Johnson Communications
Undisclosed amount
Alvarado, TX-based company focused on on rural fiber-optic telecom deployment

Stone Point Capital
Kestra
Undisclosed amount
Austin, TX-based wealth management platform

Bain Capital
Milacron
Undisclosed amount
Batesville, IN-based provider of plastic processing equipment and services

JLL Partners
Odyssey Behavioral Healthcare
Undisclosed amount
Brentwood, TN-based provider of behavioral health care

Energy Spectrum Partners
Renegade Infrastructure
Undisclosed amount
Houston, TX-based developer and acquirer of midstream energy infrastructure

JMI Equity
SimpliGov
Undisclosed amount
Sacramento, CA-based government workflow automation platform

Turn/River Capital
SolarWinds
Undisclosed amount
Austin, TX-based provider of observability and IT management software

Court Square Capital Partners and WindRose Health Investors
Soleo Health
Undisclosed amount
Frisco, TX-based infusion company

CIVC PartnersStrategus
Undisclosed amount
Englewood, CO-based managed services provider of connected TV advertising campaigns

Berkshire Partners
Triumvirate Environmental
Undisclosed amount
Somerville, MA-based provider of environmental services

Venture Capital Deals

Greylock, Spark Capital, and CRV
7ai
$36M
Boston, MA-based agentic security platform

Energize Capital, Lightspeed Venture Partners, Bain Capital Ventures, G9 Ventures, Capital F, Woodline Partners, and Frontline Growth
Archive
$30M
San Francisco, CA-based online resale platform for fashion

Northzone, Sofina, and FJ Labs
Berry Street
$50M
New York, NY-based nutrition counseling platform

Nexus Venture Partners
Cognida.ai
$15M
Chicago, IL-based enterprise AI startup

Goldman Sachs, General Catalyst, and Forerunner
Fay
$50M
San Francisco, CA-based digital nutritional therapy company

DFJ Growth, Booz Allen Ventures, Revolution Capital, Costanoa Ventures, Washington Harbour Partners, Veteran Ventures, and Founders Circle Capital|
Hidden Level
$65M
Syracuse, NY-based drone defense startup

Battery Ventures, Citi Ventures, Sorenson Capital, and Pelion Ventures Partners
Jump
$20M
Salt Lake City, UT provider of AI solutions for financial advisors

Flare Capital Partners, CVS Health Ventures, McKesson Ventures, .406 Ventures, Obvious Ventures, and Frist Cressey Ventures
Lynx
$27M
Boston, MA-based fintech for healthcare payments and administration

Base10 Partners
Monograph
$20M
San Francisco, CA-based architecture project management platform

USV, Congruent Ventures, Powerhouse Ventures, and Jetstream
Presto
$15M
Oakland, CA-based developer of charging-management software for EV fleets

Left Lane Capital, YC, Base10, and FundersClub
Riot
$30M
New York, NY-based provider of employee-focused cyber-protection software

Menlo Ventures, Felicis, Harpoon Ventures, Lightspeed Venture Partners, Redpoint Ventures, and Sequoia Capital
Semgrep
$100M
San Francisco, CA-based application security platform

Cambridge Cos SPG, Eni Next, Milliken & Co., Kirkbi Climate, Convent Capital, Swen Capital Partners, MBX Capital, and the Oman Investment Authority
Tidal Vision
$140M
Bellingham, WA-based green chemistry startup

Warburg Pincus and Berkshire Partners
Triumph Group
$3B
Radnor, PA-based maker of aftermarket parts for aerospace and defense systems

Intel Capital, Jump Capital, Eniac Ventures, and Peak XV Partners
TrueFoundry
$19M
San Francisco, CA-based AI deployment and scaling platform

NewRoad Capital Partners, Roku, Second Alpha Partners, Norwest Venture Partners, S4S Ventures, and Progress Ventures
tvScientific
$25.5M
El Segundo, CA-based ad tech startup

Altos Ventures, New Legacy Ventures, Lerer Hippeau, Catapult Ventures, Lavrock Ventures, New Stack Ventures, TenOneTen, DA Ventures, Union Labs VC, and Techstars
Urban Sky
$30M
Denver, CO-based stratospheric balloon maker

Segra Capital Management, Jane Street, Ares Management, and Emerson Collective
X-energy

$700M
Rockville, MD-based developer of small modular reactors

KKR
XOi
$230
MNashville, TN-based provider of field service tech

The Scherzer Deal Report: January 27-31, 2025

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.

Sign up: Get private equity and venture capital deals delivered to your inbox every week!

Fundraising for PE & VC Funds

Blue Sage Capital
$618M
Fourth fund

Cogenuity Partners
$425M
Debut fund

Francisco Partners
$3.3B
Third opportunistic credit fund

Private Equity Deals

Blackford Capital
Ace Controls
Undisclosed amount
Houston, TX-based maker of industrial control panels

Triton Pacific Healthcare Partners and Star Mountain Capital
Already Autism Health
Undisclosed amount
Charlotte, NC-based applied behavior analysis firm

Wynnchurch Capital
Astro Shapes
Undisclosed amount
Struthers, OH-based maker of custom aluminum extrusions

Apollo Global Management
Barnes Group
Undisclosed amount
Bristol, CT-based maker of aerospace components

e2p
Bil-Jac Foods
Undisclosed amount
Medina, OH-based maker of premium dog food and treats

TJC
Databank
Undisclosed amount
Dallas, TX-based data center operator

Fengate Private Equity
eMAX Health
Undisclosed amount
Delray Beach, FL-based pharma R&D firm

Carlyle
Entertainment 360
Undisclosed amount
Hollywood, CA-based production and talent management firm

ICV Partners
Environmental Remedies
Undisclosed amount
Hayward, CA-based provider of residential asbestos abatement services

Bain Capital
Frontline Road Safety
Undisclosed amount
Denver, CO-based provider of pavement marking services

KKR
Henry Schein
Undisclosed amount
Melville, NY-based provider of products to dentists and doctors

Northlane Capital Partners
Plus Delta Partners
Undisclosed amount
Carlsbad, CA-based provider of fundraising solutions for education and nonprofits

Blackstone
Potomac Energy Center
Undisclosed amount
Loudoun County, VA-based natural gas plant

Vista Equity Partners
RiskExec
Undisclosed amount
Knoxville, TN-based fair lending compliance reporting and analytics SaaS

BP Energy Partners and Keystone Group
Smart Wires
Undisclosed amount
Durham, NC-based grid upgrade and analytics provider

Brightstar Capital Partners
WW Williams
Undisclosed amount
Dublin, OH-based provider of commercial trucking parts

Venture Capital Deals

Index Ventures and GV
Allara Health
$26M
New York, NY-based virtual care provider for women with chronic hormonal conditions

BioStar Capital, Cue Growth Partners, and the University of Michigan
Amplitude Vascular Systems
$36M
Boston, MA-based developer of medical devices for calcified arterial disease

Mosaic General Partnership, Zeev Ventures, Entrée Capital, and Tal Ventures
Anchor
$20M
New York, NY-based invoice management startup

Questa Capital, SignalFire, Frist Cressey Ventures, CityLight Ventures, InterAlpen Partners, Valeo Ventures and Hustle Fund, and JSL Health
Bicycle Health
$16.5M
Boston, MA-based virtual opioid addiction treatment startup

Bison Ventures, Cibus Capital, Acre Venture Partners, Congruent Ventures, Fall Line Capital, E14 Fund, SNR, and Serra Ventures
Bonsai Robotics
$15M
San Jose, CA-based autonomous agriculture startup

Sageview Capital, Headline, and RWT Horizons
Closinglock
$34M
Austin, TX-based provider of payment and fraud prevention tools for real estate

USVP, Tokio Marine, Mayo Clinic, and Artis Ventures
Delfina
$17M
San Francisco, CA-based maternal health startup

Tamarack Global, Cantos Ventures, Overmatch, Alpaca, Sparkwave Capital, YC, and Scrum Ventures
Earth AI
$20M
San Mateo, CA-based mining exploration startup

A16z, Iconiq Growth, NEA, World Innovation Lab, Valor, Endeavor Catalyst Fund, Lunate, Sequoia Capital, Salesforce Ventures, Smash Capital, SV Angel, NFDG, and BroadLight Capital
ElevenLabs
$180M
New York, NY-based AI voice synthesis startup

Lightspeed Venture Partners, SoftBank, Sam Altman, Capricorn Investment Group, Mithril Capital, Dustin Moskovitz, and Nucor
Helion
$425M
Everett, WA-based nuclear fusion startup

Tribe Capital, PIF, Republic Capital, Vibe VC, Humbition, Hanwha, Gaingels, Looking Glass Capital, FJ Labs, and Agent Capital
Hone Health
$33M
New York, NY-based telehealth startup focused on longevity care

Armira Growth, Alantra, and Fortyone
Meteomatics
$22M
Exton, PA-based weather intel provider

CapitalG, Redpoint Ventures, and Baukunst
Motif
$46M
San Francisco, CA-based developer of architecture design software

Inovia Capital, Information Venture Partners, Bluefish Capital, NextWorld Capital, NJP Ventures, and Operator Stack Fund
Nue
$20M
San Francisco, CA-based revenue lifecycle management startup

Felicis and Lightspeed Venture Partners
Observo AI
$15M
Fremont, CA-based data pipeline startup

General Catalyst, Insight Partners, Caffeinated Capital, 9Yards Capital, and Human Capital
Onebrief
$50M
Austin, TX-based platform for military planning and operations

Hedosophia
Qsic
$25M
Dallas, TX-based in-store audio company

Transformation Capital, Khosla Ventures, World Innovation Lab, UP2398, Kickstart Fund, OCV Partners, and Cone Health
Rad AI
$60M
San Francisco, CA-based maker of AI tools for radiologists

Touring Capital, Foundation Capital, Omega Healthcare Investors, Inc., Founders Fund, Cross Creek, Samsung Next, and Qualcomm Ventures
SafelyYou
$43M
San Francisco, CA-based fall prevention and senior living care startup

Dell Technologies Capital, Vertex Ventures, Cota Capital, Village Global, Bloomberg Beta, West Wave Capital, and Uncorrelated Ventures
Savant Labs
$18.5M
San Mateo, CA-based automation platform for business analysts

GreatPoint Ventures, CrowdStrike Falcon Fund, Planven, Cota Capital, and Storm Ventures
Seraphic Security
$29M
San Jose, CA-based provider of enterprise browser security solutions

March Capital, Addition, and Z47
SuperOps
$25M
Dallas, TX-based IT automation SaaS

Centana Growth Partners, Silverton Partners, Impact Engine, Northwestern Mutual Ventures, and Alumni Ventures
The Helper Bees
$35M
Austin, TX-based provider of non-skilled home care

WiL, Sageview Capital, AVP, RRE Ventures, Two Sigma Ventures, Qualcomm Ventures, Fifth Wall, Supply Chain Ventures, and Sorenson Capital
Tive
$40M
Boston, MA-based provider of shipment monitoring solutions

Woven Capital, UMC Capital, MyBerg, W.R. Berkley, Menora Mivtachim, and More Investment House
UVeye
$41M
Teaneck, NJ-based vehicle inspection tech startup

Munich Re Ventures, Microsoft’s Climate Innovation Fund, Tyche Partners, Piva Capital, National Grid Partners, Dara Holdings, SiteGround, VXI Capital, Breakthrough Energy Ventures, Congruent Ventures, Engine Ventures, Fine Structure Ventures, and Galvanize Climate Solutions
Veir
$75M
Woburn, MA-based startup replacing conventional power lines with superconductors

Threshold Ventures, Avenir Ventures, BAM Ventures, Spark Capital, Zetta Venture Partners, and Pillar VC
VideaHealth
$40M
Boston, MA-based dental AI startup

The Scherzer Deal Report: January 20-24, 2025

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.

Sign up: Get private equity and venture capital deals delivered to your inbox every week!

Fundraising for PE & VC Funds

Incline Equity Partners
$500M
Second fund

Madrona Ventures
$770M
Early-stage startups ($495M) and later-stage fund ($275M)

Novacap
$1B
First digital infrastructure fund.

Private Equity Deals

Aiga Capital Partners
Cenergy Power
Undisclosed amount
Aliso Viejo, CA-based solar developer

LL Funds
Evernest
$15M
Birmingham, AL-based property management company

Latticework Capital Management and Edgehill Management
Life Science Connect
Undisclosed amount
Pittsburgh, PA-based life science digital media business

Wafra
Niobrara Capital
Undisclosed amount
New York, NY-based private equity firm founded by Chip Schorr, Todd Bradley and Mike Pompeo

American Pacific Group
ServerLift
Undisclosed amount
Phoenix, AZ-based manufacturer of handling and lifting equipment for IT infrastructure

Venture Capital Deals

Google
Anthropic
$1B
San Francisco, CA-based AI business

Maverick Silicon, Synopsys, Matrix Partners, and Intel Capital
Baya Systems
$36M
Santa Clara, CA-based system IP business

Meritech Capital Partners LP, Sequoia Capital Operations LLC, First Round Capital LLC, Box Group LLC and Boldstart Ventires LLC
Clay
$40M
New York, NY-based sales AI startup

Meta, Temasek, and QIA
Databricks
$10B
San Francisco, CA-based data intelligence company

Summit Partners and Telescope Partners
Fundraise Up
$70M
Brooklyn, NY-based fundraising platform for nonprofits

QIA, Greylock Partners, NEA, Andreessen Horowitz, and Index Ventures
Instabase
$100M
San Francisco, CA-based startup using AI to organize and analyze unstructured data

Balderton Capital, Visionaries Club, Creandum, Firstminute, and Seedcam
Lindus Health
$55M
New York, NY-based clinical trials research services company

Avenue Sports Fund
Men in Blazers Media Network
$15M
New York, NY-based U.S. soccer media business

Emergence Capital, Avra Capital, Samsung Next, Andreessen Horowitz, Y Combinator, and Ardent
Method
$41.5M
Austin, TX-based startup embedding debt and debt repayment features into fintech applications

SYN Ventures, ClearSky, Atlantic Bridge, Flint Capital, DNX Ventures, and Glilot Capital Partners
Mitiga
$30M
New York, NY-based cyber investigation and response business

Connect Ventures, monashees, Kickstart, Samsung Next, Toba Capital, Valutia, and Pelion
Music AI
$40M
Salt Lake City, UT-based AI app maker for audio and music

Wave Ventures, UPMC Enterprises, Labcorp and First Trust Capital Partners
Percipio Health
$20M
Plano, TX-based startup using smartphones to assess population health

Sequoia Capital, Paradigm, a16z crypto, and Variant
Phantom
$150M
San Francisco, CA-based crypto wallet business

Georgian, 01A, avra, Addition, Bessemer Venture Partners, General Catalyst, and the South Park Commons Fund
Render
$80M
San Francisco, CA-based cloud application company

Koch Disruptive Technologies
Rhino.ai
$50M
Washington, DC-based tech modernization company using AI

Bessemer Venture Partners, Bain Capital Ventures, Menlo Ventures, Inspired Capital, and AlleyCorp
ShopMy
$77.5M
New York, NY-based digital shop maker for creators

Emergence, GV, Madrona, The Chainsmokers (Mantis VC), and Conviction
StackBlitz
$83.5M
San Francisco, CA-based maker of AI developer tools used to build websites

The Scherzer Deal Report: January 13-17, 2025

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.

Sign up: Get private equity and venture capital deals delivered to your inbox every week!

Fundraising for PE & VC Funds

Cohere Capital Partners
$215M
Second fund focused on tech-enabled lower midmarket companies

Colbeck Capital Management
$700M
Third midmarket private credit fund

Hildred Capital Management
$800M
Third midmarket healthcare fund

Insight Partners
$12.5B
3th flagship fund and second opportunities fund

Mountaingate Capital
$570M
Third lower midmarket PE fund

Sky Island Capital
$300M
Second fund focused on tech-enabled lower midmarket companies

StepStone Group
$1.4B
Infrastructure co-investment fund

Private Equity Deals

New Mountain Capital
Access Healthcare
Undisclosed amount
Dallas, TX-based revenue cycle management firm

Abu Dhabi Investment Authority
AlphaGen
$500M
Staten Island, NY-based power infrastructure company

Harvest Partners
Alumni Staffing
Undisclosed amount
Bridgewater, NJ-based locum tenens health-care staffing firm

WindRose Health Investors
Civie
Undisclosed amount
Plano, TX-based provider of AI-powered radiology solutions

PSG
Core Sound Imaging (dba Studycast)
$80M
Raleigh, NC-based medical imaging platform

Roark Capital
GPRS Holdings
Undisclosed amount
Maumee, OH-based provider of subsurface contractor

InTandem Capital Partners
Healthfuse
Undisclosed amount
Milwaukee, WI-based provider of revenue cycle vendor management

Consortium Brand Partners
Jonathan Adler
Undisclosed amount
New York, NY-based home décor and furniture company

New Mountain Capital
Machinify
Undisclosed amount
Palo Alto, CA-based provider of health-care payments software

Revelstoke Capital Partners
Omega Systems
Undisclosed amount
Reading, PA-based provider of managed IT and security services

Brookfield Asset Management and Antin Infrastructure Partners
Origis Energy
Undisclosed amount
Miami, FL-based renewable energy company

ADIA and GIC
Pye-Barker
Undisclosed amount
Alpharetta, GA-based fire protection company

Gryphon Investors
Spindrift
Undisclosed amount
Newton, MA-based maker of sparkling water products

Berkshire Partners and Court Square
Thrive
Undisclosed amount
Foxborough, MA-based cybersecurity and IT manages services company

Montagu
Tyber Medical
Undisclosed amount
Bethlehem, PA-based orthopedic device company

New Mountain Capital
Union Healthcare Insight
Undisclosed amount
Washington, DC-based healthcare research and insights platform

Rotunda Capital Partners
Value Added Distributors
Undisclosed amount
Shawnee, WI-based distributor of hoses and other products to specialty vehicle OEMs and other mobile fluid power users

GTCR
Winged Keel
Undisclosed amount
New York, NY-based life insurance brokerage focused on inter-generational wealth and estate planning strategies

Venture Capital Deals

Aramco Ventures and SV Investment
Amogy
$56M
Brooklyn-based developer of ammonia-based fuels for trucks and ships.

Counterpoint Global, Felicis, GV, HBM Genomics, Khosla Ventures, Menlo Ventures, Nimble Ventures, Redmile Group, T. Rowe Price, and Wing VC
Clear Labs
$30M
San Carlos, CA-based sequencing platform for turnkey diagnostics

TWG Global
Colossal Biosciences
$200M
Austin, TX-based “de-extinction” company known for its work on the woolly mammoth and dodo

A16z, Lightspeed Venture Partners, and Menlo Ventures
Eve
$47M
San Francisco, CA-based AI legal platform

Capricorn, Leitmotif, Tiger Global, Coca-Cola, Greycroft, ArcTern Ventures, Thor Industries, TechNexus, Ridgeline, Maniv Mobility, Ironspring Ventures, Schematic Ventures, and Overture Climate
Harbinger
$100M
Los Angeles, CA-based maker of electric commercial trucks

53 Stations, Biospring Partners, B Capital Group, and Glasswing Ventures
Labviva
$25M
Boston, MA-based procurement platform for life sciences

Tribeca Venture Partners and DNX Ventures
Leap
$20M
New York, NY-based physical retail platform for digital brands

Tikehau Capital, Axial Partners, Bpifrance, Foundation Capital, Temasek, and Uncork Capital
Loft Orbital
$170M
San Francisco, CA-based space infrastructure startup

Springcoast Partners, Edison Partners, and Americo
Overhaul
$55M
Austin, TX-based provider of supply chain risk management solutions

LFX Venture Partners and GLP
Pipe17
$15.5M
Seattle, WA-based e-commerce order management platform

Smith Point Capital, HSBC, Berkeley SkyDeck, DallasVC, Insight Partners, JPMorgan Chase, and SignalFire
Prophecy
$47M
Palo Alto, CA-based data copilot

KKR and Bessemer Venture Partners
Qventus
$85M
San Francisco, CA-based provider of hospital management automation software

Matrix Partners, Sound Ventures, Woodson Capital, and Touch Ventures
Reshop
$17M
San Francisco, CA-based instant refunds startup

Booz Allen Ventures, NordicNinja, and SIP Capital
SEEQC
$30M
Elmsford, NY-based quantum computing startup

Health Care Service Corp., Adams Street, Cobalt Ventures, and Horizon Mutual Holdings
Solera Health
$40M
Phoenix, AZ-based provider of health-care navigation software

Breakthrough Energy Ventures, Glade Brook Capital Partners, Industrious Ventures, Point72 Ventures, Seven Seven Six, and YC
Stoke Space
$260M
Kent, WA-based, maker of reusable rockets

Left Lane Capital
The Snow League
$15M
New York, NY-based pro snowboarding league from Shaun White

Regeneron, Illumina and 17 U.S. health systems
Truveta
$320M
Bellevue, WA-based health data platform with a genetics database

NEA, Yosemite, Regeneron Ventures, and Hevolution Foundation
Tune Therapeutics
$175M
Durham, NC-based epigenome editing company

Double Point Ventures, DCVC Bio, ARK Invest, Cormorant, MPM Capital, Qiming Venture Partners USA, RTW Investments, Alexandria Venture Investments, SoftBank, CaaS Capital, Emerson Collective, K2 HealthVentures, Myeloma Investment Fund, and the University of Minnesota Endowment
Umoja Biopharma
$100M
Seattle, WA-based cancer biotech

Centana Growth Partners
Vividly
$30M
San Francisco, CA-based trade promotion management platform for CPG brands

The Scherzer Deal Report: January 6-10, 2025

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.

Sign up: Get private equity and venture capital deals delivered to your inbox every week!

Fundraising for PE & VC Funds

Ares Management
$1.3B
Second climate infrastructure fund

Bonaccord Capital Partners
$1.6B
Second GP stakes fund

FTV Capital
$4.05B
Eighth growth equity fund ($3.4B) and an early-stage fund ($651M)

Trinity Ventures
$435M
14th fund

Valspring Capital
$255M
Debut fund

Vistria Group
$3B
Fifth flagship PE fund

Private Equity Deals

Bregal Sagemount
360 Advanced
Undisclosed amount
St. Petersburg, FL-based cybersecurity and compliance consultancy

Genstar Capital
Aperture
Undisclosed amount
Arlington, TX-based provider of forensic expert witness services

Graycliff Partners
Boss Industries
Undisclosed amount
LaPorte, IN-based provider of power takeoff and engine-driven air tech

GTCR
Concord Servicing
Undisclosed amount
Scottsdale, AZ-based provider of loan servicing software

PSG
CourseKey
Undisclosed amount
San Diego, CA-based vocational student success platform

Blackstone
DDN
$300M
Chatsworth, CA-based data storage and analysis company

Berkshire Partners
Electric Power Engineers
Undisclosed amount
Austin, TX-based energy and power systems engineering and consulting firm

Wind Point Partners
ExperiGreen
Undisclosed amount
Mishawaka, IN-based provider of lawn care services for over 140k residential customers

Lion Equity Partners
Global Compression Services
Undisclosed amount
Midland, TX-based provider of parts for reciprocating natural gas engines and compressors

Cuadrilla Capital
Gluware
Undisclosed amount
Sacramento, CA-based network automation

Fundamental Advisors
HeloAir
Undisclosed amount
Richmond, VA-based operator of utility and fire suppression helicopters

Red Arts Capital KKSP
Precision Machining
Undisclosed amount
Glendale Heights, IL-based maker of custom-turned metal components

Warburg Pincus
Mashura
$300M
Scottsdale, AZ-based maker of smart cabinets for veterinary and dental clinics

Vistara Growth
Matic Insurance Services
Undisclosed amount
Columbus, OH-based insurtech platform

Bregal Sagemount and Primus Capital
MDaudit
Undisclosed amount
Waltham, MA-based provider of back-office software for health systems

Waud Capital Partners
Mopec Group
Undisclosed amount
Madison Heights, MI-based maker of medical equipment for pathology

Coalesce Capital Pearl
Meyer
Undisclosed amount
Wellesley, MA-based executive compensation and leadership consultancy

H.I.G. Capital
Quisitive
Undisclosed amount
Irving, TX-based provider of Microsoft solutions

Battery Ventures
RetailNext
Undisclosed amount
Campbell, CA-based provider of physical retail analytics

Arcline
RMS
Undisclosed amount
Bethlehem, Pa.-based OEM of turbomachinery parts

Advent International
Sauer Brands
Undisclosed amount
Richmond, VA-based condiments and spices maker

Battery Ventures
Signiant
Undisclosed amount
Lexington, MA-based media software company

Venture Capital Deals

Omega Funds, TCGX, Enavate Sciences, Jeito Capital, Blue Owl Healthcare Opportunities, Longitude Capital, OrbiMed, Logos Capital, Marshall Wace, Catalio Capital Management, abrdn, and Digitalis Ventures
Aviceda Therapeutics
$207.5M
Cambridge, MA-based biotech focused on chronic inflammation

Rubicon Founders, Oak HC/FT, and K2 HealthVentures
Evergreen Nephrology
$130M
Nashville, TN-based provider of value-based kidney care

Bio-Rad Labs, Petrichor, Labcorp, Morningside Ventures, Lightchain Capital, NT Investments, Granger Management, Mercy Health, and Tri Locum Partners
Geneoscopy
$105M
St. Louis, MO-based provider of gastrointestinal diagnostics

Felicis, YC, age1, Modi Ventures, and Wilson Sonsini
General Proximity
$16M
San Francisco, CA-based developer of induced proximity medicines

Sequoia Capital
Gridware
$26.4M
San Francisco, CA-based provider of grid monitoring software

ADIA, Hanwha Impact, NGS Super, State of Michigan Retirement System, and Flagship Pioneering
Inari
$144M
Cambridge, MA-based seed-breeding company

NewSpring Capital, Hetz Ventures, Camber Creek, Khosla Ventures, JLL Spark, DivcoWest Ventures, Rudin Ventures, and Ground Up Ventures
Jones
$15M
New York, NY-based insurance verification startup

Versant Ventures, Mubadala Capital, Bristol Myers Squibb, Taiho Ventures, and AbbVie
Light Horse Therapeutics
$62M
San Diego, CA-based cancer biotech

Carrick Capital Partners and AB Private Credit Investors
OnPay
$63M
Atlanta, GA-based payroll and benefits startup

The Lightsmith Group, HSCM Ventures, GLP Capital Partners, Lineage Ventures, and FirstTracks Ventures
Parsyl
$20M
Denver, CO-based supply chain insurer

BMW i Ventures, Yamaha, Envisioning Partners, MPower, and Escape Velocity
Phoenix Tailings
$43.8M
Burlington, MA-based developer of rare earths from mining waste

Amex Ventures, Raga Partners, Alumni Ventures, Parameter Ventures, Bessemer Venture Partners, and Health Velocity Capital
Torch Dental
$17M
New York, NY-based dental supply startup

Avra, DST Global, Greycroft, a16z, CapitalG, Bond, Durable Capital Partners, and YC
Whatnot
$265M
San Francisco, CA-based live-shopping platform for collectibles

Jeito Capital, EQT, Fountain Healthcare Partners, and Lumira Ventures
XyloCor Therapeutics
$67.5M
King of Prussia, PA-based developer of gene therapies for cardiovascular disease

The Scherzer Deal Report: December 30, 2024 – January 3, 2025

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.

Sign up: Get private equity and venture capital deals delivered to your inbox every week!

Fundraising for PE & VC Funds

Accel
$650M
Eightg India-focused VC fund

Tacora Capital
$269M
Second venture debt fund

Private Equity Deals

Olympus Partners
Accelevation
Undisclosed amount
Miamisburg, OH-based provider of data center infrastructure products and services

Butterfly Equity
Duckhorn Portfolio
Undisclosed amount
St. Helena, CA-based winery owner

Highlander Partners
Ergobaby
Undisclosed amount
Los Angeles, CA-based baby carrier and stroller maker

OEP Ethos
Energy
Undisclosed amount
Houston, TX-based provider of rotating equipment for the energy industry

New Enterprise Associates
NeueHealth
Undisclosed amount
Minneapolis, MN-based health-care provider

Birch Hill Equity Partners
Rexall and Well.ca
Undisclosed amount
Canadian based pharmacy businesses

Balmoral Funds
Sheppard
Undisclosed amount
Hanover, PA-based provider of truck-steering technologies

Venture Capital Deals

SouthState
Independent Bank Group
Undisclosed
McKinney, TX-based financial institution

Durable Capital Partners and T. Rowe Price
KoBold Metals
$537M
Berkeley, CA-based EV battery mineral exploration company

The Scherzer Deal Report: December 9-13, 2024

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.

Sign up: Get private equity and venture capital deals delivered to your inbox every week!

Fundraising for PE & VC Funds

Carlyle
$7.1B
Third credit opportunities fund

Centana Growth Partners
$600M
Third fund

Dimension
$500M
Second fund

Humba Ventures
$40M
Second deep-tech and defense-tech fund

Laude Ventures
$150M
Debut fund

Redesign Health
$175M
New fund

Private Equity Deals

Shore Capital Partners
Agentis Longevity
Undisclosed amount
Nashville, TN-based longevity health care platform

Clarion Capital Partners
Arthur Murray International
Undisclosed amount
Coral Gables, FL-based international franchisor of dance studios

Blue Owl Capital
Bitkraft Ventures
Undisclosed amount
San Francisco, CA-based VC firm focused on gaming

Comvest Private Equity
Bland Landscaping
Undisclosed amount
Apex, NC-based provider of commercial landscaping services

TruArc Partners
DMI Personal Care
Undisclosed amount
Wharton, NJ-based contract manufacturer for beauty and personal care brands

Broad Sky Partners
Frontline Managed Services

Undisclosed amount
Atlanta, GA-based provider of managed services for the legal industry

Platinum Equity
Global the Source
Undisclosed amount
Universal City, TX-based master distributor of HVAC/R components

Google and TPG Rise Climate
Intersect Power
Undisclosed amount
Houston, TX-based renewables firm

Clear Peak Capital
ITsynch
Undisclosed amount
Orlando, FL-based provider of fleet management software for the cruise and maritime industries

New Heritage Capital
JA Moody
Undisclosed amount
Malvern, PA-based provider of marine products to U.S. Navy and commercial clients

Orion Infrastructure Capital, Nexus Holdings, Khasma Capital, Sterling Bank and Ameris Bank
Nexus W2V
$140M
Greenville, SC-based waste-to-fuels developer

Argosy Healthcare Partners
Nicklas Medical Staffing
Undisclosed amount
Jacksonville, FL-based staffing firm for pathology and histology labs

Patient Square Capital
Patterson Cos.
Undisclosed amount
Menlo Park, CA-based dental and animal health products distributor

Recognize
SDG Corp.
Undisclosed amount
Norwalk, CT-based provider of cybersecurity services

TZP Growth Equity
TruVideo
Undisclosed amount
Wellesley, MA-based provider of AI and AR communications tech for the transportation industry

Venture Capital Deals

Theory Ventures
Aampe
$18M
San Francisco, CA-based developer of AI agents for consumer apps

Coatue
Albert Invent
$22.5M
Oakland, CA-based AI platform for the chemicals sector

Bain Capital Life Sciences, Janus Henderson, OrbiMed, 3H Health Investment, Yonghua Capital, Legend Capital, and Elikon Venture
Angitia Biopharmaceuticals
$120M
Woodland Hills, CA-based biotech focused on serious musculoskeletal diseases

Sapphire Ventures and Mucker Capital
Ask Sage
$17M
Arlington, VA-based GenAI platform for DoD and other government agencies

Advent Global Opportunities, Light Street Capital, AMD Ventures, Intel Capital, and NVIDIA
Ayar Labs
$155M
San Jose, CA-based provider of optical interconnect solutions for large-scale AI workloads

Vertex Growth Fund, Nexus NeuroTech Ventures, Action Potential, Johnson & Johnson, Lightstone, Lux, GV, OSF Ventures, Ascension Ventures, TriVentures, Reimagined Ventures, Peak6, and Fiscus
Cala Health
$50M
San Mateo, CA-based bioelectronic medicine startup

Eclipse, Yu Galaxy, and Intuitive Ventures
Capstan Medical
$110M
Santa Cruz, CA-based developer of minimally invasive treatments for heart valve disease

Index Ventures
Cartesia
$22M
San Francisco, CA-based developer of state-space models

Founders Fund, Fidelity, Long Journey Ventures, Mubadala, NVIDIA, Ribbit Capital, and Valor Equity Partners
Crusoe
$600M
San Francisco, CA-based AI data center provider

Insight Partners, M12, BGV, Capital One Ventures, Engineering Capital, and Vertex Ventures
Envinced
$55M
Carlsbad, CA-based maker of accessibility dev tools

DN Capital, Framework, Clear Ventures, and Fellows Fund
Evidently
$15M
Palo Alto, CA-based AI platform for health-care workflows

Base10 Partners, Inovia Capital, White Star Capital, and Fonds de solidarité FTQ
Flare
$30M
Encinitas, CA-based cyber threat intelligence focused on data theft

Avataar Ventures and Qualcomm Ventures
LambdaTest
$38M
San Francisco, CA-based software testing platform

M12, Mayfield, Stepstone Group and Prosperity7 Ventures
NeuBird
$22.5M
San Francisco, CA-based software and infrastructure reliability management startup

Alpha Edison
One Bio
$27M
David, CA-based developer of a concentrated form of fiber

M&G Catalyst and Glade Brook Capital Partners
Pixxel
$24M
Los Angeles, CA-based developer of a hyperspectral satellite constellation

Bluestone Equity Partners
Players Health
$60M
Minneapolis, MN-based provider of athlete safety and sports insurance solutions

Deerfield Management, Foresite Capital, and Medical Excellence Capital
Pleno
$25M
San Diego, CA-based biological target detection startup

Peak XV, Titanium Ventures, Accel, and Valley Capital Partners
RapidCanvas
$16M
Austin, TX-based provider of AI agents for data scientists

Maverix Private Equity, MacKinnon, Bennett & Co., Blue Bear Capital, Congruent Ventures, Buoyant Ventures, and YC
Raptor Maps
$35M
Boston, MA-based developer of solar farm monitoring software

Regeneron Ventures, Cure Ventures, and Invus Group
Tasca Therapeutics
$25M
Boston, MA-based oncology biotech

HubSpot Ventures, In-Q-Tel, Databricks, SK Telecom, and Snowflake Ventures
Twelve Labs
$40M
San Francisco, CA-based AI company focused on video understanding

Bessemer Venture Partners, Abstract Ventures, AI Grant, Y Combinator, Saga Ventures, and Michael Ovitz
Vapi
$20M
San Francisco, CA-based AI voice startup

Suvretta Capital Management, Longitude Capital, Surveyor Capital, Osage University Partners, PhiFund, JW Childs, and Connecticut Innovations
Veradermics
$75M
New Haven, CT-based developer of dermatologic drugs

a16zWave
Forms AI
$40M
Menlo Park, CA-based audio LLM startup

Toyota’s Woven Capital, Activate Capital, Collab Fund, Emerson Collective, and Salesforce Ventures
WeaveGrid
$28M
San Francisco, CA-based EV charging software provider

Insight Partners
Zest AI
$200M
Burbank, CA-based automated underwriting startup

The Scherzer Deal Report: December 2-6, 2024

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.

Sign up: Get private equity and venture capital deals delivered to your inbox every week!

Fundraising for PE & VC Funds

Atlas Venture
$450M
14th biotech-focused VC fund

Swish Ventures
$60M
New seed fund

Valeas
$600M
Debut fund

Private Equity Deals

Altus Capital Partners
Air Innovations
Undisclosed
Houston, TX-based maker of environmental control units for manufacturers and distributors

Vector Capital
Bigtincan
Undisclosed amount
Waltham, MA-based provider of enterprise sales enablement software

CCMP
Combined Caterers
Undisclosed amount
Charlotte, NC-based event management and catering services provider

Insight Partners
Cosmo Tech
Undisclosed amount
French provider of AI simulation software for enterprise decision-making

PSG
Element451
$175M
Raleigh, NC-based higher ed CRM

Sojourner Consumer Partners
Hawaii Coffee Co.
Undisclosed amount
Honolulu, HI-based coffee

Private Equity
Ingtegris
Undisclosed amount
Cranbury Township, NJ-based cybersecurity and IT consulting firm

Blackstone Tactical Opportunities, Greater Sum Ventures, Goldman Sachs, Insight Partners, and PSG
Inhabit
Undisclosed amount
Knoxville, TN-based provider of property management software

VSE
Kellstrom
Undisclosed amount
Davie, FL-based aerospace engine aftermarket company

Align Capital Partners
MKB Co.
Undisclosed amount
Belleville, PA-based maker of erosion control, pollution prevention and stormwater management products

Berkshire Partners
RJW
Undisclosed amount
Woodridge, IL-based provider of retail logistics solutions for CPG brands

CVC Capital Partners
Therakos
Undisclosed amount
Raritan, NJ-based developer of extracorporeal photopheresis delivery systems for immunomodulatory therapies

Summit Partners
UHY
Undisclosed amount
Albany, NY-based provider of accounting, tax, consulting, and advisory services

Avenue Sports Fund
Unrivaled
Undisclosed amount
New York, NY-based new 3-on-3 women’s basketball league

Venture Capital Deals

Lowercarbon Capital and Collaborative Fund
Acceleron Fusion
$24M
Cambridge, MA-based developer of muon-catalyzed fusion energy

Congruent Ventures, Liberty Mutual Investments CalSTRS, Sequoia Capital, XN, Blue Earth Capital, Wellington Management, Range Ventures, and Tao Capital Partners
Amp Robotics
$91M
Louisville, CO-based developer of trash-sorting robots and recycling facilities

Insight Partners, Battery Ventures, and insiders
Cleerly
$106M
New York, NY-based provider of early detection for heart problems

Decarbonization Partners, MassMutual Ventures, Avista Development, Clean Energy Ventures, Energy Innovation Capital, Energy, LG Technology Ventures, and Zoma Capital
ConnectDER
$35M
Philadelphia, PA-based provider of residential decarbonization solutions

Eos Ventures and TIAA Ventures
DPL Financial Partners
$23M
Louisville, KY-based platform for commission-free annuities

Canaan Partners, Kleiner Perkins, Peak XV Partners, Wing Ventures, and Recall Capital
Enterpret
$20.8M
San Francisco, CA-based customer feedback insights platform

Future Positive, Lowercarbon Capital, Japan Airlines, Mitsubishi (Americas), Mitsui, Siemens Financial Services, and H&M Group
Heirloom
$150M
San Francisco, CA-based direct air capture company

BlackRock
HPS Investment Partners
$12B
New York, NY-based private credit manager

Light Street Capital, NewView Capital and Partners Group
Lumin Digital
$160M
San Ramon, CA-based digital banking provider

Frazier Life Sciences, Deep Track Capital, Janus Henderson Investors, Logos Capital, Third Rock Ventures, Arch Venture Partners, and Matrix Capital Management
Maze Therapeutics
$115M
South San Francisco, CA-based human genetics biotech

Accel
Public
$105M
New York, NY-based investing platform

Camber Creek and Left Lane Capital
S.MPLE
$45M
New York, NY-based sales app for real estate brokers

Foresite Capital, Torch Capital, Montage Ventures, Friedom Partners, Read Capital, and One Eight Capital
Sollis Health
$33M
New York, NY-based concierge care provider

Sapphire Ventures, General Catalyst, Next47, and NGP Capital
Tractian
$120M
Atlanta, GA-based manufacturing AI startup focused on reducing downtime

Intel Capital, SYN Ventures, Sorenson Capital, Rain Capital, and Wipro Ventures
Tuskira
$28.5M
San Francisco, CA-based threat defense platform

Craft Ventures, TCV, Alta Park Capital, Greylock, Cyberstarts, Leaders Fund, Cerca, and Sheva
Upwind
$100M
San Francisco, CA-based cloud security startup

TPG, Temasek, and Neuberger Berman Capital Solutions
Veeam
$2B
Seattle, WA-based data resiliency firm

XYZ VC, Glynn Capital, Nava Ventures, Bloomberg Beta, and Mango Capital
Yurts
$40M
San Francisco, CA-based developer of AI chatbots for DoD and other high-security users

The Scherzer Deal Report: November 25-29, 2024

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.

Sign up: Get private equity and venture capital deals delivered to your inbox every week!

Fundraising for PE & VC Funds

Private Equity Deals

Nordic Capital
Anaqua
$2.5B
Boston, MA-based provider of IP management software

Haveli Investment
AppViewX
Undisclosed amount
New York, NY-based provider of automated certificate lifecycle management and public key infrastructure solutions

MidOcean Partners
Arnott Industries
Undisclosed amount
Merritt Island, FL-based maker of air suspension systems and suspension components for the automotive aftermarket 

H.I.G. Growth Partners
Carebox
Undisclosed amount
Sanford, NC-based provider of clinical trials software

Norwest Venture Partners
Divi
Undisclosed amount
Dallas, TX-based hair care startup

Morgan Stanley Capital Partners
FoodScience
Undisclosed amount
Williston, VT-based provider of pet and human nutritional supplements

Charlesbank Capital Partners
Implan
Undisclosed amount
Huntersville, NC-based provider of economic impact data and analytical software

Sunstone Partners
KMS Technology
Undisclosed amount
Atlanta, GA-based provider of software development and testing services

Blackstone
Lancium
$500M
Houston, TX-based data center developer

Investcorp and PSP Investments
PKF O’Connor Davies
Undisclosed amount
Harrison, NY-based accountancy firm

Periscope Equity
RepTrak
Undisclosed amount
Boston, MA-based provider of reputation intelligence solutions

Venture Capital Deals

Kairos HQ, PACE Healthcare Capital, Emmeline Ventures, and Amboy Street Ventures
Alloy
$16M
New York, NY-based menopause care startup

Mitsubishi
Ample
$25M
San Francisco, CA-based EV battery swapping startup

Alter Venture Partners, Cisco Investments, Moment Ventures, Wistron, Accton, Celestica, and Qualcomm Ventures
Aviz Networks
$17M
San Jose, CA-based networking software company

Upfront Ventures
BrightAI
$15M
Hackensack, NJ-based provider of physical infrastructure monitoring solution

Blackstone Innovations Investments, Fintop Capital, and Jam Fintop
Cardo AI
$15M
New York, NY-based private credit tech platform

Astō Consumer Partners and Amberstone
Clean Skin Club
$32M
Weston, FL-based maker of disposable facial towels

Lightspeed Venture Partners, Khosla Ventures, Coatue, Dell Technologies Capital, and Nat Friedman
Distyl
$20M
San Francisco, CA-based startup that helps integrate AI into core biz workflows

Conti Ventures and The Production Board
EarthOptics
$24M
Arlington, VA-based developer of soil data software for agriculture

Kinnevik, FPV, Baillie Gifford, Premji Invest, Lingotto Innovation, Lux Capital, Dimension Capital, True Ventures, Cresset Partners, The Nature Conservancy, and Henry Kravis
Enveda
$130M
Boulder, CO-based drug discovery startup that focuses on medicinal plants

StepStone Group, Emergence Capital, Caffeinated Capital, and Pear VC
Federato
$40M
San Francisco, CA-based insurance underwriting platform

Volta Energy Technologies
Iontra
$45M
Centennial, CO-based supplier of battery charger microcontrollers

The Blackstone Group
Jersey Mike’s Subs
$8B
Manasquan, NJ-based sandwich shop chain

Tiger Global, Balderton, OTPP, 137 Ventures, a16z, Index Ventures, CRV, Sapphire Ventures, and Notable Capital
Kong
$175M
San Francisco, CA-based developer of cloud API tech

Cisco Investments, JPMorgan, K5 Global, and Nvidia
Lightning AI
$50M
New York, NY-based provider of AI dev tools

Cerberus, Murata Electronics North America Inc., IAG Capital Partners, Safar Partners, QVT, Element Six, and In-Q-Tel
Lightsynq
$18M
Boston, MA-based quantum interconnect startup

Altos Ventures, Ridge Ventures, Zigg Capital, Susa Ventures, and Amplo
Lightyear
$31M
New York, NY-based network procurement startup

Pantera Capital, Polychain Capital, PokerGo, Hack VC, Dream Ventures, Accomplice, Mirana, and Josh Hannah
Monkey Tilt
$30M
Las Vegas, NV-based online gaming platform

Benchmark
New Lantern
$19M
San Francisco, CA-based AI radiology startup

Celesta Capital, Tenacity Ventures, Cedars Sinai, Eragon, and Singularity Ventures
OneCell Diagnostics
$16M
Cupertino, CA-based precision oncology startup

Aliment Capital
OneRail
$42M
Orlando, FL-based omnichannel fulfillment startup

Teradyne Robotics Ventures, Toyota Ventures, Ranpak, Third Kind Venture Capital, One Madison Group, Hyperplane, and Catapult Ventures
Pickle Robot
$50M
Cambridge, MA-based developer of warehouse robots

Siddhi Capital, Piva Capital, Betagro Ventures, Chipotle, Griffith Foods, and Astanor Ventures
Plantible Foods
$30M
San Diego, CA-based maker of plant-based protein

8VC
Seen Health
$22M
San Francisco, CA-based PACE provider for senior health care

KDDI, Axon, and Linse Capital
Skydio
$170M
San Mateo, CA-based drone maker

Runway Growth Capital
Snap Mobile
$23M
Seattle, WA-based fundraising platform for schools and organizations

Goldman Sachs Alternatives
Spectro Cloud
$75M
San Jose, CA-based Kubernetes management startup

Socium Ventures, Nvidia, Databricks, and Play Time Ventures
SuperAnnotate
$36M
San Francisco, CA-based provider of software for managing large-scale AI datasets

B Capital, CommonSpirit Health, CVS Health Ventures, RA Capital Management, Nexus NeuroTech Ventures, GV, Optum Ventures, and Rock Health Capital
Synapticure
$25M
Chicago, IL-based virtual care company for patients and caregivers living with neurodegenerative diseases like Alzheimer’s and Parkinson’s

Prelude Ventures, Lowercarbon Capital, Earthshot Ventures, WovenEarth Ventures, Fall Line Capital, and Rethink Impact
Vaulted Deep
$32M
Houston, TX-based biomass carbon removal and storage startup

Spark Capital, YC, Felicis, and Day One Ventures
Wordware
$30M
San Francisco, CA-based operating system for AI development

Cook Medical, Invus Opportunities, F-Prime Capital, and Medical Technology Venture Partners
Zenflow
$24M
San Francisco, CA-based developer of a minimally invasive device for benign prostatic hyperplasia

Go to Top