Scherzer Deal Report

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

The Scherzer Deal Report: November 18-22, 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

Bain Capital
$5.7B
Second global special situations fund

Bling Capital
$270M
Fourth flagship VC fund

Blue Bear Capital
$160M
Third early-stage climate fund

Frazier Healthcare Partners
$2.3B
11th growth buyout fund

 

Gramercy Funds Management

$685M

Second emerging markets private credit fund

Initiate Ventures
$45M
Debut fund

Jupiter Bioventures
$70M
Debut fund

NaviMed Capital
$450M
Third fund

Neos Partners
$1.37B
Second fund

Rubicon Technology Partners
$500M
Single-asset continuation fund

Silver Point Capital
$8.5B
Latest direct lending fund

Theory Ventures
$450M
Second fund

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

The Scherzer Deal Report: November 11-15, 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

Forerunner Ventures
$500M
Seventh early-stage fund

Godspeed Capital
$675M
Third fund

Portal Ventures
$75M
Second fund

Transom Capital Group
$675M
Fourth fund

Private Equity Deals

Inverness Graham
Alliant
Undisclosed amount
Brewster, NY-based advertising data firm

Go Capital and Station Partners
Arketi Group
Undisclosed amount
Atlanta, GA-based digital marketing and PR agency for B2B tech companies

Stonepeak
Boundary Street Capital
Undisclosed amount
Alexandria, VA-based private credit firm

Golden Gate Capital
Brava
Undisclosed amount
Washington, IA-based provider of composite roofing materials

Lone View Capital
CargoSprint
Undisclosed amount
Peachtree City, GA-based provider of cargo industry solutions

May River Capital
Cashco
Undisclosed amount
Ellsworth, KS-based provider of pressure management solutions

Morgan Street Holdings
Continental Services
Undisclosed amount
Troy, MI-based provider of contract dining services

HighPost Capital
Front Row Group
Undisclosed amount
New York, NY-based e-commerce agency and accelerator for beauty, health, wellness, and CPG brands

Sumeru Equity Partners
JobNimbus
Undisclosed amount
Lehi, UT-based provider of roofing contractor SaaS

Sound Growth Partners
LPi Digital
Undisclosed amount
Milwaukee, WI-based provider of print and digital bulletins and newsletters to faith-based, community, and membership organizations

Golden Gate Capital
OneZero
Undisclosed amount
Cambridge, MA-based provider of multi-asset enterprise trading tech

Wynnchurch Capital
Principal Industries
Undisclosed amount
San Antonio, TX-based provider of LED components and engineered assemblies for signage and brand imaging

Sterling Investment Partners
PROtect
Undisclosed amount
Wichita, KS-based provider of safety, reliability, and compliance services

ZMC
Pure Wafer
Undisclosed amount
San Jose, CA-based maker of silicon wafers

1315 Capital
SciSafe
Undisclosed amount
Cranbury, NJ-based provider of biological and drug storage services

Goldman Sachs Alternatives
Sila Services
Undisclosed amount
King of Prussia, PA-based provider of residential HVAC, plumbing and electrical services

Halifax Group
Universal Air Conditioner
Undisclosed amount
Mansfield, TX-based designer and distributor of aftermarket auto parts

Venture Capital Deals

Sapphire Sport, a16z, General Catalyst, 20VC Growth, FJ Labs, Shilling, and Thayer Ventures
Bounce
$19M
San Francisco, CA-based provider of free luggage storage for travelers

Accel, 8VC, Overmatch Ventures, and Lerner Enterprises
Chaos Industries
$145M
Los Angeles, CA-based defense tech startup

RPM Ventures, GiantLeap Capital, and Human Element
Firefly Aerospace
$175M
Houston, TX-based rocket maker

HV Capital, a16z, and YC
Fleek
$20.4M
San Francisco, CA-based secondhand clothing marketplace

TELUS Global Ventures, 7Wire Ventures, Pitango HealthTech, Human Capital, Outcomes Collective Growth Capital, Allianz, and The K Fund
Homethrive
$20M
Northbrook, IL-based caregiving startup

Inovia Capital, Icon Ventures, General Catalyst, Maven Ventures, Healthier Capital, Up2 Opportunity Fund, and CFO Advisors
Medeloop
$15M
Menlo Park, CA-based clinical research analysis startup

Wellington Management, Venrock, Fidelity, Janus Henderson, T. Rowe Price, Viking Global Investors, Deep Track Capital, RA Capital Management, Arch Venture Partners, Alpha Wave Ventures, GV, SoftBank, Newpath Partners, and SymBiosis
Metsera
$215M
New York, NY-based developer of medicines for obesity and metabolic diseases

DCVC, a16z, USV, Felicis, Washington Harbour Partners, Chevron, Founders Fund, Decisive Point, McKinley Alaska, Boost VC, and Also Capital
Radiant
$100M
El Segundo, CA-based maker of portable nuclear generators

Celesta Capital, GreatPoint Ventures, and Juniper Networks
Recogni
$102M
San Jose, CA-based developer of generative AI inference systems

S2G Ventures, CPT Capital, Lux Capital, Nourish Ventures, and Meach Cove Capital
Shiru
$16M
Alameda, CA-based ingredient discovery platform

Shield Capital, Point72 Ventures, Booz Allen Ventures, Aero X Ventures, Trousdale Ventures, TRAC VC, Munich Re Ventures, Toyota Ventures, NFX, and Industrious Ventures
Starfish Space
$29M
Washington, DC-based developer of satellite servicing and inspection spacecraft

Third Rock Ventures, Atlas Venture, GV, and RA Capital Management
Trace Neuroscience
$101M
South San Francisco, CA-based developer of genomic medicines for neurodegenerative diseases

Premji Invest, Radical Ventures, Iconiq Growth, Salesforce Ventures, Adobe Ventures, B Capital, Citi Ventures, IBM Ventures, and Workday Ventures
Writer
$200M
San Francisco, CA-based generative AI platform for enterprises

The Scherzer Deal Report: November 4-8, 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

Pelican Energy Partners
Houston, TX
$450M
First fund

Shamrock Capital
Los Angeles, CA
$1.25B & $320M
Sixth flagship fund and first small-cap fund

Private Equity Deals

Choice Health at Home
Accentra
Undisclosed amount
Oklahoma City, OK-based hospice provider

Aero Accessories & Repair
Aero Instruments
Undisclosed amount
Buffalo, NY-based aerospace MRO

Stonepeak
Air Transport Services Group
$3.1B
Wilmington, OH-based aircraft lessor and cargo transport company

26North Partners
ArchKey Solutions
Undisclosed amount
Fenton, MO-based electrical services provider

GHO Capital and Ampersand Capital Partners
Avid Bioservices
$1.1B
Tustin, CA-based biologics Contract development and manufacturing organization (CDMO)

Minds + Assembly
Boldscience
Undisclosed amount
Alpharetta, GA-based medical communication agency

Better Protection
DFS Fire Systems
Undisclosed amount
Dallas-Fort Worth, TX-based provider of fire protection services

1440 Foods
FitCrunch
Undisclosed amount
Bohemia, NY-based protein bar brand

Stengel Hill Architecture
Mason Blau & Associates
Undisclosed amount
Clearwater, FL-based full-service architectural firm

Elevate Patient Financial Solutions
NYX Health Eligibility Services
Undisclosed amount
Alpharetta, GA-based provider of RCM focused on eligibility verification and enrollment services

Monomoy Capital Partners
Oliver Packaging and Equipment
Undisclosed amount
Walker, MI-based maker of food packaging systems and bakery equipment

Savillex
Optimum Processing
Undisclosed amount
San Rafael, CA-based maker of customized, single-use bioprocessing systems for life science

Access Group
Paytronix
Undisclosed amount
Newton, MA-based restaurant customer engagement and payments software provider

Renovus Capital Partners
Performive
Undisclosed amount
Marietta, GA-based provider of managed IT services for midmarket enterprises

Carlson Private Capital Partners
Quantum Design International
Undisclosed amount
San Diego, CA-based maker of instrumentation for material characterization and other advanced research applications

Blackstone
Retail Opportunity Investments Corp.
$4B
San Diego, CA-based U.S. shopping mall operator

Comvest Private Equity
Riccobene Associates Family Dentistry
Undisclosed amount
Cary, NC-based dental services organization

Sagewind Capital
Sabel Systems
Undisclosed amount
Beavercreek, OH-based provider of digital transformation solutions to the U.S. Defense Department and other government agencies

Coker
TTG Healthcare Advisors
Undisclosed amount
Chandler, AZ-based healthcare consulting firm

AT&T
U.S. Cellular
$1.02B
Chicago, IL-based mobile network operator

Cogenuity Partners
United Safety & Survivability
Undisclosed amount
Exton, PA-based maker of safety and survivability products for niche markets

Venture Capital Deals

Qatar Investment Authority, United Therapeutics, Fidelity, and TPG Rise
Beta Technologies
$318M
South Burlington, VA-based electric airplane maker

Fiserv, Shopify Ventures, Capital One Ventures, Accel, Bessemer, Coatue, Frontline Ventures, General Catalyst, Latitude, and Thrive Capital
Melio
$150M
New York, NY-based B2B payments platform for SMBs

Thrive Capital, Lux Capital, Bond, Jeff Bezos, OpenAI, and Redpoint Ventures
Physical Intelligence
$400M
San Francisco, CA-based developer of operating systems for robots

The Scherzer Deal Report: October 28-November 1, 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

Adams Street Partners
$1.1B
2024 global funds program

BBG Ventures
$60M
Second fund

Berkshire Partners
$7.8B
11th private equity fund

Blackstone
$22B
New direct lending fund

Socium Ventures
$300M
Second fund

Private Equity Deals

Francisco Partners
AdvancedMD
$1.13B
South Jordan, UT-based provider of SaaS for ambulatory physician practices

iCapital, Apollo, and Blue Owl
AltExchange
Undisclosed amount
Edwards, CO-based provider of alternative investment data aggregation and reporting company

Leeds Equity Partners
Archer Review
Undisclosed amount
Dallas, TX-based provider of medical exam prep services

WellSky
Bonafide
Undisclosed amount
Thousand Oaks, CA-based provider of business workflow management software for durable medical equipment and home medical equipment companies

Godspeed Capital
Concordia Technologies
Undisclosed amount
Huntsville, AL-based provider of hypersonic weapons and missile defense systems tech

Patient Square Capital
CorroHealth
Undisclosed amount
Plano, TX-based provider of revenue cycle management for health systems and health plans

Encore Consumer Capital
DeIorio
Undisclosed amount
Utica, NY-based maker of pizza dough balls, pre-formed crusts, and shells

CVC Capital Partners
Epicor
Undisclosed amount
Austin, TX-based industry-specific business software firm

Blackstone
EQT Corp.
$3.5B
Pittsburgh, PA-based independent natural gas producer

Serent Capital
Finys
Undisclosed amount
Troy, MI-based provider of core insurance software

Gridiron Capital
Health Monitor Network
Undisclosed amount
Montvale, NJ-based health-care marketing firm

Hyve Group
HLTH
Undisclosed amount
New York, NY-based health-care conference organizer

Neuberger Berman
Mariner
Undisclosed amount
Overland Park, KS-based financial services firm

Aquarian
PACE Equity
$1B
Milwaukee, WI-based provider of C-PACE loans to real estate owners and energy upgrade developers

EQTPage
Up Group
Undisclosed amount
New York City, NY-based provider of HR software

Egen (fka SpringML)
Qarik
Undisclosed amount
New York, NY-based Google Cloud tech consultancy

Battery Ventures
QSR Automations
Undisclosed amount
Louisville, KY-based provider of restaurant tech

Percheron Capital
Right Restoration Partners
Undisclosed amount
Atlanta, GA-based acquisition platform for emergency restoration services businesses

BC Credit Partners
Runway Growth
Undisclosed amount
Chicago, IL-based provider of growth loans

Presidio Investors
The Only Agency
Undisclosed amount
Los Angeles, CA-based creative talent firm

Venture Capital Deals

General Catalyst, Alkeon Capital, Brookfield Technology Partners, and Georgian
Armis
$200M
San Francisco, CA-based cyber exposure management company

Macquarie Asset Management
BondBloxx
$27M
Larkspur, CA-based provider of bond ETFs

Flexpoint Ford, Nyca Partners, and Viola Ventures
Duetti
$34M
New York, NY-based music financing startup that acquires catalogs from independent artists

RA Capital Management, Sectoral Asset Management, B Capital, Marshall Wace, Avego Bioscience Capital, Longwood Fund, RTW Investments, ADAR1 Capital Management, NEXTBio Capital, Beiersdorf VC, FemHealth Ventures, Allostery Investments, Pivotal bioVenture Partners, EQT Life Sciences, Andera Partners, Amplitude Ventures, Symbiosis, and Verition Fund Management
Evommune
$115M
Palo Alto, CA-based biotech focused on immune-mediated inflammatory diseases

Edison Partners, StepStone Group, and Columbus Capital
Fingercheck
$115M
Brooklyn, NY-based workforce management platform for SMB

Novo Holdings, Gimv, Red Tree Venture Capital, HealthCap, BioGeneration Ventures, M Ventures, and BOM
Kivu Bioscience
$92M
San Francisco, CA-based developer of antibody-drug conjugates

Fifth Wall, Saint-Gobain, and Ayala
Merlin Solar
$31M
San Jose, CA-based developer of solar panels for trucks and rooftops

Koch Disruptive Tech, NEA, 8VC, Ark Invest, B37 Ventures, FM Capital, Interwoven Ventures, NVentures, Prologis Ventures, Goose Capital, Lineage Ventures, Presidio Ventures, and Service Provider Capital
Outrider
$62M
Golden, CO-based developer of self-driving tech for electric yard trucks

Prelude Ventures
Redoxblox
$30M
San Diego, CA-based industrial heat startup that uses thermochemical energy

Emergence Capital, Founder Collective, and Homebrew
Regal
$40M
New York, NY-based maker of contact center software

Goldman Sachs
Simbe Robotics
$50M
South San Francisco, CA-based maker of retail inventory robotics

Qualcomm Ventures, Scale Venture Partners, StepStone Group, Redpoint Ventures, and Bessemer Venture Partners
Spot AI
$31M
San Francisco, CA-based video monitoring startup

General Catalyst, Primary Ventures, and Lightspeed Venture Partners
Tabs
$25M
New York, NY-based revenue automation platform for B2B companies

Woven Capital, Innovation Endeavors, Norwest Venture Partners, and Qualcomm Ventures
Third Wave Automation
$27M
Union City, CA-based maker of autonomous forklifts

The Scherzer Deal Report: October 21-25, 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

Chemistry
$350M
First fund

General Catalyst
$8B
New funds

Private Equity Deals

Wafra
Aquila Air Capital
Undisclosed amount
New York, NY-based engine lessor

Morgan Stanley Infrastructure Partners
Flexential
Undisclosed amount
Charlotte, NC-based provider data center firm backed by GI Partners

Genstar Capital
Likewize
Undisclosed amount
Dallas, TX-based provider of mobile device warranties and repair services

Sage Sustainable Electronics
Relectro
Undisclosed amount
Telford, PA-based electronics management company that specialized in electronics repair, focused on refurbishing products for continued use before disposal

Sophos and Thoma Bravo
Secureworks
$859M
Atlanta, GA-based cybersecurity firm

Foundation Source
Vennfi
Undisclosed amount
Atlanta, GA-based donor-advised fund sponsor

Venture Capital Deals

Novo Holdings, F-Prime Capital, Eight Roads Ventures Japan, Piper Heartland Healthcare Capital, NYBC Ventures and Blackstone Life Sciences
AvenCell Therapeutics
$112M
Watertown, MA-based developer of switchable cell therapies   

Aven
Cell Therapeutics Inks
$112M Series B

Cambridge, MA-based company focused on B Cell Medicines (BCMs)

ARCH Venture Partners, Atlas Venture, RA Capital Management, and Alta Partners

Be Biopharma
$82M
Cambridge, MA-based company focused on B Cell Medicines (BCMs)    

Bond Capital, NVentures, Anthos Capital, Fuse Venture Capital, Ignition Partners, Revolution, Sozo Ventures, and Voyager Capital
Carbon Robotics
$70M
Seattle, WA-based developer of agricultural robots    

Acrew Capital, Leap and Lightspeed Capital
Finix
$75M
San Francisco, CA-based payments company    

FedEx and Cedar Pine
Nimble
$106M

San Francisco, CA-based autonomous e-commerce fulfillment company 

83North, True Global Ventures, 10D, Entrée Capital, HighSage Ventures, MUFG Innovation Partners, and Viola Credit
Obligo
$35M
New York, NY-based provider of security deposit option    

Breakout Ventures, Innovation Endeavors, and Bison Ventures
Passkey Therapeutics
$20M
Cambridge, MA-based developer of synergistic multifunctional therapeutics    

Susquehanna Growth Equity, Stephens Group, Strada, and ASA
SchooLinks
$80M
Austin, TX-based provider of college and career readiness software for K-12 students    

General Atlantic, T. Rowe Price, Foresite Capital, Invus, Goldman Sachs, CPP Investments, Arch Venture Partners, Sofinnova Investments, Third Rock Ventures, and PureTech Health
Seaport Therapeutics
$225M

Boston, MA-based developer of neuropsychiatric medicines

Abstract Ventures, Elad Gil, a16z, and Bret Taylor
Socket
$40M
San Francisco, CA-based cybersecurity startup focused on software supply chain attacks

Lightspeed Venture Partners, a16z, and Foundation Capital
Tennr
$37M
New York, NY-based healthcare workflow automation platform

WestCap and a16z
Valon
$100M
New York, NY-based mortgage servicing platform

Elda River Capital and the Pritzker Organization
Zephyr
$60M
McLean, VA-based digital home services platform

Bond Capital, DST Global, Adams Street, Alkeon, YC, and CRV
Zip
$190M
San Francisco, CA-based procurement orchestration platform

The Scherzer Deal Report: October 14-18, 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

Adams Street Partners
$1.2B
Fourth Venture Innovation set of funds

CID Capital
$250M
Fourth fund

Insight Partners
$1.5B
Third continuation fund

KdT Ventures
$100M
Fourth fund

Victor Capital Partners
$310M
Second midmarket PE fund

Private Equity Deals

Audax Private Equity
Avantor
$650M
Radnor, PA-based clinical services business

AustralianSuper
DataBank
$2B
Dallas, TX-based data center operator

Frazier Healthcare Partners
DirectMed Imaging
Undisclosed amount
Poway, CA-based provider of aftermarket parts and component repairs for diagnostic imaging equipment

Turnspire Capital Partners
GHP Group
Undisclosed amount
Niles, IL-based outdoor living and indoor heating products company

Allied Industrial Partners
JCL Energy
Undisclosed amount
Sharon, PA-based distributor of pad-mounted transformers

General Atlantic and Bridgepoint
Kyriba
Undisclosed amount
San Diego, CA-based provider of treasury and cash management software

Accel-KKR
LeagueApps
Undisclosed amount
New York, NY-based youth sports management platform

Falfurrias
Neighborly Software
Undisclosed amount
Atlanta, GA-based provider of SaaS for government program enrollment, administration, and reporting

Blue Point Capital Partners
Pinnacle MEP Holdings
Undisclosed amount
St Clair Shores, MI-based HVAC and plumbing services provider

Gryphon Investors
RapidAir
Undisclosed amount
Auburndale, WI-based maker of branded compressed air solutions

Thomas H. Lee Partners
Red Nucleus
Undisclosed amount
Yardley, PA-based life sciences communications firm

Mainsail Partners
Skimmer
$74M
Austin, TX-based provider of software for pool services businesses

Permira
Squarespace
Undisclosed amount
New York, NY-based website-building platform for businesses and brands

Sound Growth Partners
Stueve Construction
Undisclosed amount
Algona, IA-based provider of engineering and construction services for bulk fertilizer storage facilities

Post Oak Energy Capital
Tiburon Oil & Gas Partners
Undisclosed amount
Houston, TX-based company dedicated to acquiring, developing, and operating upstream oil and gas assets in the Appalachian Basin

Graham Partners
Tulkoff Food Products
Undisclosed amount
Baltimore, MD-based maker of horseradish products, sauces, and other condiments

Silver Lake
Zuora
$1.7B
Redwood City, CA-based company that helps companies launch subscription services

Venture Capital Deals

Andreessen Horowitz, Magic Johnson, Sandberg Bernthal Venture Partners, Banc of California, Twine Ventures, Springbank, and AlleyCorp
Alchemy
$31M
New York, NY-based developer of in-house pharmacy programs for clinics with large HIV and hepatitis C patient populations

Pantera Capital, a16z, and NFX
Azra Games
$42.7M
Sacramento, CA-based developer of mobile role-playing games

Ripple
Bitnomial
$25M
Chicago, IL-based digital asset derivatives exchange company

Zintinus, The Hershey Co., Whole Foods Market, DMG Ventures, Hamilton Lane, and Praesidium
Blue Stripes
$20M
New York, NY-based maker of consumer food products from cacao fruit

TVC Capital and Toloka.vc
Capacity
$26M
St. Louis, MO-based support automation startup

Bain Capital Ventures, Elad Gil, A*, Accel, BOND Capital, and ACME Capital
Decagon
$65M
San Francisco, CA-based developer of AI customer support agents

DCVC, Breakthrough Energy Ventures, and Valo Ventures
Equilibrium Energy
$39M
Boston, MA-based operator of grid-connected battery systems

Eight Roads Ventures, Elevation Capital, and 3one4 Capital
Everstage
$30M
New York, NY-based provider of enterprise sales performance management software

Stand Together Ventures, GovTech, George Lucas, and Mellody Hobson
ForceMetrics
$22M
Denver, CO-based decision-assist platform founded by former FBI agents.

Scale Venture Partners and Premji Invest
Galileo
$45M
San Francisco, CA-based provider of generative AI evaluation and observability for enterprises

L Catterton, USV, Cathay Innovation, Equal Ventures, and Eniac Ventures
Ghost
$40M
Chicago, IL-based B2B retail inventory marketplace

Silas Capital, Strand Equity, and AF Ventures
Hello Cake
$18M
Los Angeles, CA-based sexual wellness brand

Osaka Gas and Mitsubishi Heavy Industries
Koloma
$50M
Denver, CO-based green hydrogen startup

T. Rowe Price, Fidelity, and GV
Lightmatter
$400M
Mountain View, CA-based photonic supercomputing startup

Toyota Ventures, Samsung Next, The ACTIVE Fund, Assembly Ventures, Magenta Venture Partners, J-Ventures, Triventures, Singtel Innov8 Ventures, Telefónica, Team8, and Alter Venture Partners
Monogoto
$27M
Palo Alto, CA-based provider of software-defined connectivity solutions

Smith Point Capital, Nexus Venture Partners, and Battery Ventures
Neuron7.ai
$44M
San Jose, CA-based service resolution intelligence startup

Menlo Ventures, IVP, Socii, Founders Fund, Long Journey, 8VC, Friends & Family Capital, and Fifth Down
Numeric
$28M
San Francisco, CA-based accounting automation startup

Oak HC/FT, Bessemer Venture Partners, Flare Capital Partners, Frist Cressey Ventures, CVS Health Ventures, and Takeda Digital Ventures
Oshi Health
$60M
New York, NY-based virtual gastrointestinal clinic network

Matter Venture Partners, Drive Capital, Yamaha Ventures, Taiwania Capital, MediaTek, Catapult Ventures, Gaingels, Addition, Tiger Global, and Basis Set
Path Robotics
$100M
Columbus, OH-based developer of autonomous robotic welding systems

S2G Ventures
REsurety
$32M
Boston, MA-based provider of data analytics for clean energy companies

Crosspoint Capital
SynthBee
$20M
Fort Lauderdale, FL-based compute intelligence startup

Flourish Ventures, Eaton, Veriten, MassMutual Ventures, inVest Ventures, CarMax, Montage Ventures, Acrew Capital, Holman, Virta Ventures, and Invest Detroit
Treehouse
$16.6M
Detroit, MI-based installation platform for electrification projects

Insight Partners, Venrock, and Vanguard
Vanilla
$35M
Salt Lake City, UT-based provider of estate planning software for financial advisers and wealth managers

Amazon’s Climate Pledge Fund, Ares Management, NGP, Ken Griffin, and the University of Michigan
X-energy
$500M
Rockville, MD-based developer of small modular reactors

The Scherzer Deal Report: October 7-11, 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

Mill Point Capital
$1.7B
Third midmarket PE fund

Renovus Capital Partners
$875M
Fourth buyout fund

Shore Capital Partners
$1.9B
First health care fund, second business services fund and first search fund

Siguler Guff
$580M
Private credit fund focused on small businesses

Private Equity Deals

Renovus Capital Partners
Angeion Group
Undisclosed amount
Philadelphia, PA-based class action law firm

Kava Equity Partners
Arrowhead Contracting
Undisclosed amount
Overland Park, KS-based environmental remediation services firm

Sixth Street
AtVenu
$130M
San Clemente, CA-based live event payment processor

Staple Street Capital
Avante Health Solutions
Undisclosed amount
Chicago, IL-based medical equipment maker

Apollo Global Management
Barnes Group
$3.6B
Bristol, CT-based maker of aerospace components

Bain Capital Credit
Chartbeat
Undisclosed amount
Austin, TX-based media analytics software firm.

Butterfly Equity
Duckhorn Portfolio
$1.95B
St. Helena, CA-based winery owner

26North
Onelife Fitness
Undisclosed amount
McLean, VA-based gym chain

Blue Point Capital Partners
Pinnacle MEP Holdings
Undisclosed amount
St Clair Shores, MI-based HVAC and plumbing services provider in the Midwest

Radial Equity Partners
Plasticade
Undisclosed amount
Des Plaines, IL-based maker of traffic safety and signage products

TA Associates
Solifi
Undisclosed amount
Minneapolis, MN-based secured finance software firm

Wind Point Partners, Duration Capital Partners, and Oaktree Capital Management
STG Logistics
$300M
Bensenville, IL-based transloading and containerized freight services firm

H.I.G. Capital
STS Aviation Group
Undisclosed amount
Jensen Beach, FL-based aviation services company

IQVentures
The Aaron’s Company
$504M
Atlanta, GA-based lease-to-own retailer

KKR
The Parking Spot
Undisclosed amount
Chicago, IL-based owner and operator of near-airport parking properties

VSS Capital Partners
Treya Partners
Undisclosed amount
San Francisco, CA-based management consultancy focused on procurement and spend management

Venture Capital Deals

a16z, Two Sigma Ventures, RV Invest, Eli Lilly, GV, Biovision Ventures, Valhalla Ventures, Indicator Ventures, Alumni Ventures, LifeLink Ventures, Mana Ventures, Gaingels, and ExitFund
Arda Therapeutics
$43M
San Carlos, CA-based developer of cell depletion therapies for chronic diseases

Oak HC/FT
Auger
$100M
Placentia, CA-based operating system for global supply chains

Dealer Tire
BizzyCar
$15M
St. Peters, MO-based provider of vehicle recall solutions

Engine Ventures, At One Ventures, Angular Ventures, Tamarack Global, Propeller Ventures, Starlight Ventures, and Nucleation Capital
Blue Energy
$45M
Washington, DC-based developer of underwater nuclear reactors

SignalFire, Samsung Next, Alumni Ventures, Matrix, Accel, Susa and YC
Centaur Labs
$16M
Boston, MA-based health data annotation startup

Arch Venture Partners, Fidelity, Invus, Slate Path Capital, Rock Springs Capital, Regeneron Ventures, and AN Ventures
Arda Therapeutics
$135M
Cambridge, MA-based developer of RNAi-based medicines

Sands Capital, CPPIB, Norwest Venture Partners, Global Health Investment Corp., and Breakout Ventures
Cytovale
$100M
San Francisco, CA-based developer of detection tech for sepsis and other immune-mediated diseases

Two Sigma Venture
Distributional
$19M
Berkeley, CA-based AI testing startup

Titanium Ventures, Nemetschek Group Andres Construction, Satterfield & Pontikes, Navitas Capital, Zacua Ventures, Fifth Wall, and Ironspring Ventures
Document Crunch
$21.5M
Atlanta, GA-based document compliance platform for construction

General Catalyst, Town Hall Ventures, Echo Health Ventures, Northpond Ventures, Rethink Impact, and Emerson Collective
Eleanor Health
$30M
Waltham, MA-based addiction treatment startup

Bain Capital Ventures, Premji Invest, Lightspeed Venture Partners, Bessemer Venture Partners, SignalFire, and B Capital Group
EvenUp
$135M
San Francisco, CA-based provider of AI solutions for personal injury law

CapitalG and Viewpoint Ventures
Farther
$72M
New York, NY-based wealth advisory startup

Bessemer Venture Partners
FlexFactor
$16.8M
Miami, FL-based startup tackling lost revenue from payment snafus

T. Rowe Price, GE Vernova, TPG Rise Climate, Breakthrough Energy Ventures, Capricorn, Coatue, Energy Impact Partners, The Engine Ventures, NGP, Temasek, GIC, Prelude Ventures, Claure Group, Gigascale Capital, Blindspot Ventures, and VamosVentures
Form Energy
$405M
Somerville, MA-based developer of long-duration batteries

Georgian and Health Catalyst Capital
Glooko
$100M
Palo Alto, CA-based provider of remote patient monitoring and chronic care management for diabetes

WestCap, Goldman Sachs, ClearSky, NightDragon, and Vertex
Human Security
$50M
New York, NY-based cybersecurity startup

Khosla Ventures, Thrive Capital, Kleiner Perkins, and Ribbit Capital
Imprint
$75M
New York, NY-based co-branded credit card startup

Atlas Venture, The Column Group, TCG, Droia Ventures, Digitalis Ventures, Euclidean Capital, Alexandria Venture Investments, and YK Bioventures
Judo Bio
$100M
Cambridge, MA-based developer of oligonucleotide medicines delivered to the kidney

GoBig, Emergence Capital, High Alpha, ServiceNow Ventures, Salesforce Ventures, and Permanent Capital
Logik.io
$25M
Highland Park, IL-based CPQ fintech

StepStone Group
Maven Clinic
$125M
New York, NY-based women and family health virtual clinic

Lightspeed Venture Partners, Thompson Reuters Ventures, Bling Capital, Flybridge Capital, Company Ventures and TheLegalTech Fund
Noetica AI
$22M
New York, NY-based provider of benchmarking software

Arboretum Ventures, JJDC, Catalio Capital Management, Freepoint Capital Group, Visionary Ventures, Bluestem Capital, SBI Innovation Fund, Sequoia Capital, and Maverick Ventures
Orasis Pharmaceuticals
$68M
Ponte Vedra, FL-based developer of ophthalmic drugs

Thomvest Ventures, M12, Cheyenne Ventures, Menlo Ventures, and Unusual Ventures
Reylance AI
$32M
San Francisco, CA-based data governance platform

GV, Aperiam Ventures, Craft Ventures, Room40 Ventures, Venrock, and Virgo Strategic Investments
Scope3
$25M
New York, NY-based decarbonization startup focused on the media, AI, and advertising industries

Norwest Venture Partners, Seroba, OSF Ventures, Global BioAccess, U.S. Venture Partners, Amzak Health, Treo Ventures, and Aperture Venture Partners
ShiraTronics
$66M
Minneapolis, MN-based developer of neurostimulation therapies for chronic migraine patients

Hedosophia, Venrock, March Capital, Flare Capital, Breyer Capital, and inHealth Ventures
Suki
$70M
Redwood City, CA-based developer of AI assistants for doctors and patients

Emergence Capital, Thrive Capital, OpenAI Startup Fund, Neo, Abstract, 20Sales, and Altcap
Unify
$19M
San Francisco, CA-based provider of go-to-market tech

Portage
Zeal
$15M
San Francisco, CA-based payroll platform

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