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Scherzer Deal Report

The Scherzer Deal Report: May 3-7, 2021

Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.

PE and VC Firms

Audax
$1.85B
Fifth mezzanine debt fund


Boundary Street Capital
$330M
Debut fund


CarVal Investors
$490M
CVI Clean Energy Fund

Emergence
$950M
Sixth early-stage fund ($575M), plus first opportunity fund ($375M)


EnCap Investments
$1.2B
First fund focused on renewable energy


MiddleGround Capital
$736M
New series of funds


Multicoin Capital
$100M
Second fund


New State Capital Partners
$450M
Third fund


Quad Partners
$388M
Fourth fund


Shenkman Capital Management
$325M
Tactical credit fund


Veritas Capital
$1.8B
Midmarket PE fund focused on tech and government companies


Warren Equity Partners
$673M
Third fund

Private Equity Investors

Partners Group
Axia Women’s Health
Undisclosed
Voorhees, NJ-based provider of non-clinical women’s health services


Francisco Partners, TPG
Boomi
Undisclosed
Chesterbrook, PA-based provider of cloud-connected business software


Kelso & Co.
C.L. Smith
Undisclosed
St. Louis, MO-based distributor of rigid packaging solutions


KKR
Charter Next Generation
Undisclosed
Milton, WI-based maker of polyethylene films


Harvest Partners
HelpSystems
Undisclosed
Eden Prairie, MN-based cybersecurity and automation software maker


J.C. Flowers & Co.
iLending
Undisclosed
Englewood, CO-based auto refinance marketing company


Altamont Capital Partners
Intermix
Undisclosed
New York, NY-based high-end fashion retailer


Crest Rock Partners
Jelecos
Undisclosed
Omaha, NE-based AWS consultant


Butterfly
Pete and Gerry’s Organics
Undisclosed
Lebanon, NH-based producer of free-range and pasture-raised eggs


Brentwood Associates
Watermill Express
Undisclosed
Brighton, CO-based provider of drive-thru drinking water and ice refill stations

Venture Capital Investors

EcoR1 Capital, Farallon Capital Management, Avidity Partners, Casdin Capital, GV, Octagon Capital, Perceptive Advisors, RA Capital Management, TCG Crossover, Woodline Partners, Atlas Venture, F-Prime Capital, Lonza, Mass General Brigham Ventures, NEA
Affinia Therapeutics
$110M
Waltham, MA-based gene therapy startup


Andreessen Horowitz
Bitski
$19M
San Francisco, CA-based developer-focused blockchain wallet infrastructure provider


True Ventures, TechNexus
Catch Co.
$38M
Chicago, IL-based fishing supplies e-commerce company


T. Rowe Price, Invus Group, Declaration Partners, Equilibra Partners, SWaN & Legend Venture Partners, Mousse Partners, Revolution Growth, Lighthouse Investment Partners
CAVA
$190M
Washington, DC-based Mediterranean restaurant chain


Decheng Capital, Eclipse Ventures, Skyviews Life Science, 8VC
Cellares
$82M
South San Francisco, CA-based cell therapy manufacturing platform

Longitude Capital, The Rise Fund, RA Capital, Redmile Group, Red Tree VC
Ceribell
$53M
Mountain View, CA-based developer of rain monitors to detect hidden seizures


Andreessen Horowitz, Casdin Capital, GV, Obvious Ventures, Lux Capital, Polaris Partners, CRV, KdT Ventures
Dyno Therapeutics
$100M
Cambridge, MA-based biotech that applies AI to gene therapy


Foresite Capital
Esker Therapeutics
$70M
San Francisco, CA-based startup focused on autoimmune disorders


DADA Holdings
Firefly Aerospace
$75M
Austin, TX-based small satellite launch startup


Bond Capital, NEA, Breyer Capital, Tull Investment Group, NetEase, Dapper Labs, Coinbase Ventures
Genies
$65M
Los Angeles, CA-based avatar platform


Andreessen Horowitz, Thrive Capital, GV, Accel
Headway
$70M
New York, NY-based software platform that helps therapists accept insurance and helps patients find those therapists


Durable Capital Partners, Tiger Global, Battery Ventures, Zeev Ventures, 01 Advisors, Norwest Venture Partners, Citi Ventures
Honeybook
$155M
San Francisco, CA-based client and financial management platform for freelancers and solo entrepreneurs


JMI Equity, ForgePoint Capital, Gula Tech Adventure
Huntress
$40M
Elliott City, MD-based provider of managed detection and response solutions


Tiger Global, TPG, Tidemark, Owl Rock, Meritech Capital Partners
Kajabi
$550M
Irvine, CA-based e-commerce platform for knowledge-based businesses


General Catalyst, Durable Capital Partners, Bond, Lead Edge Capital, Bain Capital Ventures, Raine Ventures
Material Bank
$100M
Miami, FL-based materials marketplace for architects and construction professionals

Morningside Ventures
Neuroelectrics
$17.5M
Barcelona and Cambridge, MA-based developer of brain stimulation technologies and therapies


Catapult Ventures, Conductive Ventures, Taiwania Capital, SIG, Hella Ventures, PHI-Zoyi Capital, R7 Partners, VectoIQ, ACVC Partners, Mesh Ventures, SV Tech Ventures, Schox Ventures, Signature Bank
Oculli
$55M
Dayton, OH-based provider of AI software for radar perception


Addition, Drive Capital, Basis Set, Lemnos Lab
Path Robotics
$56M
Columbus, OH-based developer of autonomous robotic welding systems


Index Ventures, Coatue
Persona
$50M
San Francisco, CA-based identity infrastructure startup


Eldridge, JE Dunn
Prescient
$190M
Mebane, NC-based architectural design and building technology platform


Summit Partners, ICONIQ Growth, Bain Capital Ventures
ReCharge
$227
MLos Angeles, CA-based subscription management platform


Ford, BMW, Volta Energy Technologies
Solid Power
$130M
Louisville, KY-based developer of solid-state batteries


Bain Capital Ventures, GGV Capital, CRV
StarTree
$24M
Mountain View, CA-based cloud analytics-as-a-service platform


Redpoint Ventures, Benchmark, New Enterprise Associates, Icon Ventures, Two Sigma Ventures
Timescale
$40M
New York, NY-based open-source time-series database


Section 32, Soleus Capital, Janus Henderson Investors, Madrona Venture Group, Ridgeback Capital, Alexandria Venture Investments
TwinStrand Biosciences
$50M
Seattle, WA-based developer of next-gen sequencing tech


Sequoia Capital, YC
Vanta
$50M
San Francisco, CA-based automated security, and verified compliance platform


Tiger Global, Nvidia
Vast Data
$83M
New York, NY-based storage software provider

General Atlantic, Centene, AXA Venture Partners, Ardea Partners, Ally Bridge Group, AME Cloud Ventures, Aspect Ventures, Canvas Ventures, Guidewell, NGP Capital, Workday Ventures
Vida Health
$110M
San Francisco, CA-based virtual chronic care platform


SoftBank Vision Fund 2, Capital One Ventures, SVB Capital, Andreessen Horowitz, GGV Capital, Workday Ventures, M12
Workboard
$75M
Redwood City, CA-based OKR platform

|Scherzer Deal Report|

The Scherzer Deal Report: April 26-29, 2021

Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.

 

PE and VC Firms

$60M
Early stage fund
 
€11B
Ffth European direct lending fund
 
$100M
VC fund focused on early-stage healthcare companies
 
$500M
Fourth fund
 
$355M
Third fund
 
$280M
First impact private equity fund
 
$1.7B
Fifth fund

Private Equity Investors

Alinda Capital Partners
Undisclosed
Greenville, NC-based provider of cargo unit load device logistics
 
VSS Capital Partners
Undisclosed
Chicago, IL-based provider of outpatient anesthesia, surgical, and admin services
 
Bain Capital
Undisclosed
St. Paul, MN-based frozen desserts maker
 
Serent Capital
Undisclosed
Tyler, TX-based provider of operations management and workflow solutions for K-12 school districts
 
Aurora Capital Partners
Undisclosed
Greenville, SC-based provider of talent management software for the real estate market
 
TPG Growth
Undisclosed
Alpharetta, GA-based provider of surgical cost management solutions
 
Leeds Equity Partners Option
Undisclosed
New York, NY-based options and futures database and analytics provider
 
Diversis Capital Partners
Undisclosed
San Diego, CA-based developer of video game accessories and peripherals
 
Thoma Bravo
$12.3B
Sunnyvale, CA-based cybersecurity and compliance software maker
 
Newlight Partners
Undisclosed
New York, NY-based acquisition platform focused on the customer marketing sector
 
Paine Schwartz Partners
Undisclosed
Cockeysville, MD-based maker of food safety antimicrobial products
 
The Carlyle Group
$435M
Pleasanton, CA-based maker of life sciences biologic tools
 
Two Sigma Impact, Avance
Undisclosed
Independence, OH-based e-commerce provider of ingredients and supplies to commercial artisans

Venture Capital Investors

Coatue, Addition, DFJ Growth, the Glazer family, K5 Global, the Chainsmokers, Stanford University, Coinbase, Pantera Capital, Charles Schwab, Reid Hoffman, Jerry Yang
$80M
San Francisco, CA-based blockchain developer platform
 
Eventide Asset Management, Cowen Healthcare Investments, 3×5 Partners, Adage Capital Management, Point72, Avego Healthcare Capital, FMB Research, Broadfin Holdings, Roche Venture Fund, RiverVest Venture Partners, Lightchain
$105M
St. Louis, MO, and Brisbane, CA-based cancer-focused biotech
 
Atlantic Bridge Capital, RPS Ventures, Crosslink Capital, IAG Firemark Ventures
$25M
Chicago, IL-based provider of physical property analytics
 
RA Capital Management, Nextech Invest, Fidelity, Wellington Management, Redmile Group, Logos Capital, Surveyor Capital, PFM Health Sciences, Arch Venture Partners, City Hill Ventures, Vertex Ventures HC, GT Healthcare Capital Partners, Boxer Capital, Alexandria Venture Investments
$105M
San Diego, CA-based precision oncology company focused on ecDNA
 
Tiger Global, TCV, GIC, Baillie Gifford, Madrone Capital Partners, Durable Capital Partners, Valiant Capital Management, Base10, YC Continuity, Ribbit Capital, DST Global, Greenoaks Capital, Lone Pine Capital, IVP
$425M
San Francisco, CA-based corporate credit card company focused on startup
 
Altos Ventures, NXF, American Express, JPMorgan
$20M
Tel Aviv and Miami, FL-based payment processing startup
 
Versant Ventures, Westlake Village BioPartners, AbbVie
$140M
Thousand Oaks, Calif.-based developer of tissue-targeted gene therapies
 
Durable Capital Partners, Baillie Gifford, T. Rowe Price, Whale Rock
$300M
New York, NY-based digital pharmacy
 
Valor Equity Partners, Lowercarbon Capital, DRW Venture Capital, Founders Fund, Bain Capital Ventures, Coinbase Ventures, Polychain Capital, KCK Group, Upper90, Winklevoss Capital, Exor, Zigg Capital, JB Straubel
$128M
Denver, CO-based flare migration startup that converts gas into energy for bitcoin mining
 
Andreessen Horowitz, Tiger Global, TQ Ventures, Avenir, Sapphire Ventures, Foundation Capital, Wellington Management, Expa
$220M
New York, NY-based challenger bank
 
M12, Salesforce Ventures, Threshold Ventures, Haystack, Firebolt
$16M
Palo Alto, CA-based enterprise customer intelligence startup
 
Andreessen Horowitz, Wellington Management, Owl Ventures, LionTree Partners, TTV Capital, Canapi Ventures, Wells Fargo Strategic Capital, Bond, Fin VC, Goodwater Capital
$260M
\Atlanta, GA-based debit card startup focused on kids and families
 
Apax Digital, AMI Opportunities Fund, Viola Growth, Flashpoint, Vertex Ventures, Kingfisher Investment Advisors, La Maison Partners
$50M
Walnut, CA-based CRM tool for property management
 
Owl Ventures, Ziff Capital Partners, LionTree Partners, Intel Capital, BBG Ventures, Lucas Venture Group, Reid Hoffman
$50M
Palo Alto, CA-based community platform for creators and brands
 
Key Partners Capital, Astanor Ventures, Horizons Ventures, Cape Capital
$130M
New York, NY-based producer of biofabricated textiles
 
Coatue, Dragoneer, Andreessen Horowitz, Accel, Cobalt
$105M
San Francisco, CA-based video platform for developers
 
Felicis Ventures, Clear Ventures, Trinity Partners, Firebolt Ventures
$15M
Palo Alto, CA-based orchestration platform for dev-ops teams
 
Oak HC/FT, Declaration Partners, PayPal Ventures, Mithril Capital, Senator Investment Group, Liberty City Ventures, WestCap
$300M
New York, NY-based cryptocurrency infrastructure and white-label services platform
 
Josh Buckley, Fifth Wall, Rahul Vohra, JBV Capital, Aleph VC
$50M
Walnut, CA-based location data analytics startup
 
McRock Capital, TransLink Ventures, BMWi Ventures, Kensington Capital Partners, Ironspring Ventures
$33M
San Antonio, TX-based robotic vision startup
 
Atari, ARRI, Founders Fund, TQ Ventures, Coatue, Rogue Capital Partners, Signia Venture Partners, Seedcamp, Talis Capital, SNÖ Ventures
$15M
Palo Alto, CA-based mixed reality gaming startup
 
Morpheus Ventures, GreatPoint Ventures, Ericsson Ventures, Samsung Next Ventures, Tao Capital Partners, Clearvision Ventures, Tau Ventures
$29M
Austin, TX-based provider of dispatch software for 911 centers
 
Vivo Capital, aMoon Fund, Parian Global, Anthem and Blue Ox Healthcare Partners
$100M
Salt Lake City, UT-based provider of prenatal diagnostics
 
Toba Capital, Pentland Group, Lerer Hippeau, Primary Ventures, Brand Foundry
$20M
New York, NY-based veterinary startup
 
Imperative Ventures, Zero Carbon Partners, CPP Investments, Breakthrough Energy Ventures, Prelude Ventures, PIVA Capital, John Doerr, Bill Joy, BP, OCGI Climate Investments
$78M
Piscataway, NJ-based developer of low-carbon cement and concrete
 
Insight Partners
$20M
Providence, RI-based interpersonal finance app for sharing expenses
 
General Catalyst, Franklin Templeton, Jared Leto, Stephen Curry and insiders Coatue, Stripe, Charli D’Amelio, The Chainsmokers, Will Smith, Jeffrey Katzenberg
$100M
San Francisco, CA-based provider of financial services for teens and families
 
Premji Invest, Third Point Ventures, Accel, Bain Capital Ventures, DFJ Growth, Glynn Capital, Goldman Sachs, Insight Partners, Next47
$188M
San Francisco, CA-based dev-ops platform for containers
 
Cathay Innovation, Signalfire
$35M
Boulder, CO-based provider of customer data analytics
 
Blackstone Growth, Accel, Khosla Ventures, TCV
$130M
San Jose, CA-based network intrusion detection company
 
Origin Ventures, Chapford Capital Group
$26M
New York, NY-based rental service for designer handbags, jewelry, and diamonds
 
Fidelity, Forestay Capital, North Atlantic Capital
$112M
Boston, MA-based cloud storage startup
 
True Ventures, Amazon Alexa Fund, MPL Ventures, Mark Pincus
$28M
New York, NY-based interactive music platform
|Scherzer Deal Report|

The Scherzer Deal Report: April 19-23, 2021

 

Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.

 

PE and VC Firms

$3.5B
Eighth co-investment fund
 
$425M
Second fund-of-funds
 
$165M
Second fund
 
$43M
First traditional VC fund
 
$165M
Third fund
 
$375M
Second fund
 
$544M
Fourth fund
 
$408M
Second fund

Private Equity Investors

Bertram Capital
Undisclosed
Fairfield, OH-based distributor of fasteners and other C-parts
 
Warburg Pincus
Undisclosed
UK-based specialty finance platform focused on commercial aerospace
 
GI Partners
Undisclosed
Andover, MA-based product lifecycle management platform for digital industrial applications
 
Alpine Investors
Undisclosed
Dallas, TX-based provider of software for the outdoor recreation industry
 
Crestview Partners
Undisclosed
Berlin, NJ-based used car financing platform
 
Thoma Bravo
Undisclosed
Minneapolis, MN-based provider of customer engagement and analytics software
 
Astorg Partners
Undisclosed
Dallas, TX-based provider of brand risk and protection solutions
 
Hellman & Friedman
Undisclosed
Austin, TX-based provider of energy data and analytics
 
EQT
$4.6B
Cincinnati, OH-based school bus operators
 
Warren Equity Partners
Undisclosed
Decatur, AL-based provider of GIS services for natural gas and water utility infrastructure
 
Koch Strategic Platforms
$500M
Richardson, TX-based provider of cloud-native software apps for mobile networks
 
Oak Hill Capital, KKR
Undisclosed
Evansville, IN-based fiberoptic network operator
 
Apollo Global Management
$3.3B
Irving, TX-based art and craft products retailer
 
Insight Partners
$172.5M
Australian automated deployment server
 
Gemspring Capital
Undisclosed
Merriam, KA-based developer of retail customer engagement solutions
 
Thoma Bravo
$10.2BRichardson, TX-based provider of software and data analytics to the real estate industry

Venture Capital Investors

Tiger Global, Dragoneer, Susquehanna Growth Equity, Silversmith Capital Partners
$240M
Chicago, IL-based customer experience automation platform
 
RA Capital Management, Redmile Group, Federated Hermes, Foresite Capital, ArrowMark Partners, PremjiInvest, Fidelity, OrbiMed, Polaris Partners, Mithril, GV, Population Health Partners, Adimab, Omega Funds
$336M
Waltham, MA-based developer of antibodies to neutralize coronaviruses
 
Scale Venture Partners, Canaan Partners, Ignition Partners, Zigg Capital
$34M
San Francisco, CA-based risk data platform for commercial property brokers and insurers
 
Evolution Equity Partners, Tiger Global, Ridgeline Partners, Downing Lane, Boldstart Ventures, Version One Ventures, Haystack, Radical Ventures
$20M
New York, NY-based company data privacy platform
 
Sapphire Ventures, Insight Partners, Tiger Global
$125M
India and San Francisco, CA-based billing subscription management company
 
YC Continuity, Andreessen Horowitz, Spark Capital, Lachy Groom, Jeffrey Katzenberg, Jeff Wilke, Anthony Schiller
$156M
San Francisco, CA-based remote hiring company
 
7Ridge, Eldridge
$120M
New York, NY-based developer of enterprise tools for using digital ledgers
 
CDPQ, Neuberger Berman, Atreides Management, Viking Global Investors
$147M
Sunnyvale, CA-based provider of cloud data backup services
 
Spectrum Equity, Information Venture Partners
$74M
Woburn, MA-based provider of asset and liability management software for banks and credit unions
 
OMERS Growth Equity, Kaplan, ABS Capital Partners, NewSpring, Osage Venture Partners
$45M
New York, NY-based provider of executive education courses
 
Felicis Ventures, SVB Capital, Greycroft, Okta Ventures, The Spruce House Partnership
$60M
San Diego, CA-based Apple device management company
 
Khosla Ventures, Lightspeed Venture Partners, Operator Collective, First Round Capital, Homebrew
$27M
New York, NY-based employee benefits startup
 
CapitalG, D1 Capital Partners, BoxGroup, Point72 Ventures, Clocktower Technology Ventures, OldSlip Group
$40M
New York, NY-based provider of bank account opening software
 
Accel, D1 Capital Partners, Valor Equity Partners, Greenoaks Capital, Sound Ventures, Third Kind Ventures
$200M
Philadelphia, PA-based subscription service for “ugly” produce
 
Medicxi
$20M
Boston, MA-based biotech focused on solid tumors
 
Menlo Ventures, YC, General Catalyst, Refactor Capital
$15M
New York, NY-based provider of opioid addiction treatment
 
GV, Unusual Ventures, GSV, Harrison Metal, Gaingels
$30M
Brooklyn-NY-based online provider of intro-level college courses
 
KB Partners, Verizon Ventures, Manheim Investments
$16.7M
Chicago, IL-based provider of real-time streaming tech
 
The Craftory, Artis Ventures, GISEV, Founders Fund, 8VC
$40M
Los Angeles, CA-based probiotics developer
 
GM, SK Inc., Temasek, Applied Ventures, Shanghai Auto, Vertex
$139M
Woburn, MA-based developer of rechargeable batteries for electric vehicle
 
Insight Partners, Union Square Ventures, Stripes Group
$50M
San Francisco, CA-based provider of fraud prevention software
 
QED Investors, Partners for Growth, Endeavor Catalyst, BECO Capital, Global Ventures, OTG Ventures, Endure Capital
$34.3M
San Francisco, CA-based provider of payment products for startups and SMBs
 
Playground Global, Fortescue Future Industries, Coatue, Global Founders Capital, Plug Power, Airbus Ventures, Toyota AI Ventures, Sojitz Corporation, Future Shape
$20.5M
Los Angeles, CA-based developer of hydrogen storage solutions for commercial aircraft
 
Tiger Global
$133M
San Francisco, CA-based biotech that aims to reverse Type 2 diabetes
 
TTV Capital, Owl Ventures, SoftBank, Crosscut Ventures, Mubadala Capital, Next Play Capital, Owl Capital
$35M
Los Angeles, CA-based tech platform for immigrant families
|Scherzer Deal Report|

The Scherzer Deal Report: April 12-16, 2021

Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.

 

PE and VC Firms

$1.27B
Second fund
 
$690M
Second fund
 
$1.3B
Debut fund
 
$125M
Debut fund
 
$3.8B
Second fund
 
$290M
Second fund
 
$30M
Second fund
 
$150M
Second fund

Private Equity Investors

TZP Group
Undisclosed
Oceanside, CA-based provider of maternity and nursing apparel
 
The Carlyle Group
Undisclosed
Santa Monica, CA-based maker of clean beauty products
 
WindRose Health Investors
Undisclosed
Stillwater, MN-based chronic disease management provider
 
Rainier Partners
Undisclosed
Clovis, CA-based packaging distributor for the agriculture industry
 
KKR
Undisclosed
Downers Grove, IL-based IT services provide
 
Hellman & Friedman
$4.25B
Austin, TX-based provider of data analytics SaaS for the oil and gas industry
 
Investcorp, Trilantic North America
Undisclosed
Chicago, IL-based provider of traffic control and pavement marking services
 
The Blackstone Group
Undisclosed
Alvarado, TX-based maker of engineered structured and infrastructure for the electrical utility and telecom markets
 
FFL Partners
$100M
Denver, CO-based provider of global expansion solutions
 
Francisco Partners
Undisclosed
Raleigh, NC-based education technology solution company
 
Sverica
Undisclosed
Santa Clara, CA-based digital consultancy focused on Microsoft cloud platforms

Venture Capital Investors

aMoon, BVF Partners, CAM Capital
$63M
Redwood City, CA-based biotech focused on immunological disease
 
Soleus Capital, RA Capital Management, Adage Capital Management, Pontifax, Aisling Capital, Altium Capital, Amzak Health, Granite Point Capital Management, LifeSci Venture Partners, Lumira Ventures, CAM Capital, Delos Capital, Domain Associates, Sixty Degree Capital
$96M
Mendham, NJ-based biotech focused on chronic hepatitis B
 
Samsara BioCapital, CAM Capital, Adage, Asymmetry, CaaS Capital, Cambrian Bio, Sixty Degree, Soleus Capital, Surveyor Capital, Suvretta, Terra Magnum Capital Partners, NEA, Novo Holdings, SR One, Takeda Ventures, LG Tech, Clough Capital
$115M
Gaithersburg, MD-based cell therapy startup
 
Orbia Ventures, At One Ventures, TDK Ventures, TRUMPF Venture, Doral Energy-Tech Ventures, InMotion Ventures
$20M
Worcester, MA-based battery recycling process
 
Sequoia Capital Global Equities, Altimeter Capital, Byers Capital, Elad Gil, Thrive Capital, Benchmark, Menlo Ventures, Alkeon Capital, Iconiq, Lux Capital, Spark Capital, Lead Edge Capital
$200M
San Francisco, CA-based life sciences R&D cloud
 
Sequoia Capital, Costanoa Ventures
BigEye
$17M
San Francisco, CA-based data quality automation startup
 
Casdin Capital, NFX, Duquesne Family Office, Section 32, iGlobe Partners, Driehaus Capital
$100M
New York, NY-based cancer recurrence monitoring startup
 
Menlo Ventures, Suffolk Construction, Alumni Ventures Group, Innovation Endeavors, Brick & Mortar Ventures, Obvious Ventures, Grit Labs
$24M
San Francisco, CA-based construction robotics startup
 
Mercury Fund, Arsenal Growth, Moonshots Capital, Scarlet Venture Fund
$25M
Houston, TX-based provider of e-commerce enablement solutions
 
Tiger Global, Base10 Partners, Gradient Ventures
$33M
New York, NY-based provider of appointment scheduling SaaS for sales teams
 
Eldridge, American Family Ventures, Cox Enterprises, OMERS Ventures
$200M
Chicago, IL-based car insurance startup
 
Navy Capital, One Tower Group, Emerald Park Capital and Presidio View Capital
$30M
Sacramento, CA-based designer weed cultivator
 
Sapphire Ventures, Riverwood Capital
$153M
Pleasanton, CA-based upskilling platform
 
Sony, Appaloosa, Baillie Gifford, Fidelity, GIC, T. Rowe Price Ontario Teachers’, BlackRock, Park West, KKR, AllianceBernstein, Altimeter, Franklin Templeton, Luxor Capital
$1B
Cary, NC-based maker of Fortnite
 
Tiger Global, D1 Capital Partners, Addition, The Spruce House Partnership
$300M
Mountain View, CA-based AI chipmaker
 
Goldman Sachs Growth
$75M
Santa Monica, CA-based contextual advertising firm
 
Kleiner Perkins, Foundation Capital and SVB
$20M
San Francisco, CA-based neobank for SMB
 
Pontifax AgTech, Temasek, S2G Ventures, Pangea Ventures, Rhapsody Venture Partners, Asahi Kasai Ventures, Jordan Park Group, the Jeremy and Hannelore Grantham Foundation
$70M
Chicago, IL-based startup focused on mitigating food waste
 
New Mountain Capital
$90M
Chicago, IL-based app that connects homeowners with home services provider
 
Elsewhere Partners
$20M
Atlanta, GA-based provider of network and cloud automation solution
 
Lilly Ventures and Deerfield Management, Goldman Sachs, Arch Venture Partners, Nolan Capital
$139M
Lake Forrest, IL-based gene therapy startup
 
Insight Partners
$125M
Independence, OH-based certificate lifecycle automation company
 
Drive Capital, Root, Amplify, Hustle Fund
$15M
San Francisco, CA-based, real-time data platform
 
Tiger Global, Comcast Ventures, Canaan, Initialized Capital, Sound Ventures, Pivotal Ventures, Magnify Ventures
$60M
Miami, FL-based provider of care and companionship solutions to seniors
 
Seven Seven Six, Bessemer Venture Partners, Slow Ventures, Sound Ventures, Atelier Ventures, Chapter One Ventures
$16M
Los Angeles, CA-based social collaboration marketplace for creatives
 
Intercap
$50M
Los Gatos, CA-based streaming media software provider
 
SoftBank Vision Fund 2, PSP Investments, Alaska Permanent Fund, Invus, Flagship Pioneering
$189M
Cambridge, MA-based biotech focused on immune synapses
 
Sam Altman, Jack Altman, Flexport
$30M
San Francisco, CA-based B2B payments company
 
NightDragon, Cisco Investments, Allegis Cyber
$45M
Charlottesville, VA-based provider of digital risk protection SaaS
 
SoftBank Vision Fund 2, GIV, Temasek, BlackRock, Intel Capital, GV, Walden International, WRVI
$676M
Palo Alto, CA-based developer of machine learning and big data analytics platforms
 
Dragoneer, Greenoaks Capital, Tiger Global, Wellington Management, Durable Capital Partners and insiders Coatue, Index Ventures, Founders Fund, YC
$325M
San Francisco, CA-based data labeling platform
 
SoftBank Vision Fund 2, Bling Capital, DCM, General Catalyst, Norwest Venture Partners and Steadfast Capital Ventures
$220M
San Francisco, CA-based connected home gym company
 
Addition, Redpoint Ventures, GV, Juxtapose, Zigg Capital
$125M
New York, NY-based dentistry startup
 
Weatherford Capital, Accel
$150M
Austin, TX-based insurance comparison site
 
Artis Ventures
$30M
San Francisco, CA-based marketplace for connecting healthcare payors and providers
 
Berkshire Partners
$50M
New York, NY-based provider of colocation procurement SaaS
 
Owl Rock Capital
$100M
San Jose, CA-based UX research platform
 
General Atlantic
$80M
Los Angeles, CA-based provider of plant-based hair products
 
Aquiline Technology Growth, Echo Health Ventures, MassMutual Ventures, Guardian Strategic Ventures, Riverside Acceleration Capital, FCA Venture Partners, First Health Capital Partner
$23M
New York, NY-based platform for quote-to-card experiences in health insurance and benefits
 
North Sound Ventures
$18M
Pasadena, CA-based data analytics and 3D visualization platform
 
PeakSpan Capital
$50M
San Mateo, CA-based provider of animated video content creation for the enterprise
 
Blackhorn Ventures, ACME Capital, Loup Ventures, R7 Partners, Eniac Ventures, Alven Capital, Array Ventures
$40M
San Francisco, CA-based developer of autonomous commercial cargo aircraft
|Scherzer Deal Report|

The Scherzer Deal Report: April 2-9, 2021

Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.

 

PE and VC Firms

New York, NY
$4.8B
Third global renewable power fund
 
New York, NY
$1B
Fifth private credit fund
 
San Francisco, CA
$11.7B
10th flagship buyout fund and an overage fund
 
New York, NY
$400M
Third NAV-based loan fund
 
San Francisco, CA
$200M
First dedicated seed fund
 
New York, NY
$15B
Fourth Asia fund
 
Atlanta, GA
$25M
Debut fund
 
Austin, TX
$2B
Third fund
 
San Francisco, CA
$600M
Third fund

Private Equity Investors

KKR
$500M
Silicon Valley cloud content management company
 
Platinum Equity
Undisclosed
Ann Arbor, MI-based maker of kitchen and bath cabinets
 
Berkshire Partners
Undisclosed
Boston, MA-based provider of telecom data analytics
 
H.I.G. Capital
Undisclosed
Hopkins, Minn.-based consulting and digital transformation firm
 
Kelso & Co.
Undisclosed
Piscataway, NJ-based foodservice distributor to Italian restaurants and pizzerias
 
Berkshire Partners
Undisclosed
Merrillville, IN-based maker of Black hair care products
 
D1 Capital Partners, Tiger Global, Investment Group of Santa Barbara
Undisclosed
Rochester, MI-based corporate performance management software company
 
McNally Capital
Undisclosed
McLean, VA-based provider of intelligence and national security advisory and software services
 
Vista Equity Partners
Undisclosed
Draper, UT-based provider of workforce development software
 
KKR
$3.37B
San Diego, CA-based energy infrastructure company
 
Providence Strategic Growth
Undisclosed
Madison, WI-based provider of mass notification software for safety, emergency and workflow communications
 
KKR
$1.5B
Birmingham, AL-based provider of mental and behavioral health practice management software
 

Venture Capital Investors

General Catalyst, Boston Seed Capital, Golden Ventures, Manifest, Morningside, Victress Capital
$30M
Boston, MA-based personal experience platform
 
Ajax Strategies, Eclipse Ventures, Quiet Logistics, Bee Partners, Acorn Pacific Ventures
$20M
Emeryville, CA-based provider of last-mile logistics
 
Cleveland Avenue, Stanley Ventures
$20M
Chicago, IL-based maker of premium cocktails
 
Inspired Capital, IA Ventures
$17M
San Francisco, CA-based electronic health records company
 
Accel, Amity, S28 Capital, Sequoia Capital, YC
$46M
San Francisco, CA-based no-code sales commission platform
 
Tiger Global
$100M
San Francisco, CA-based conversational messaging platform
 
Commerce Ventures, Vertical Venture Partners, Healthy Ventures, Collaborative Fund, Fairview Capital, CT Innovations, I2BF Global Ventures
$15M
New Haven, CT-based platform that modernizes patient payments
 
Fidelity, T. Rowe Price
$150M
Boulder, CO-based genome engineering company
 
Tiger Global, Casdin Capital, Iconiq, Andreessen Horowitz, SVB Capital
$220M
San Francisco, CA-based maker of digital healthcare maps
 
Velvet Sea Ventures, Team Hero, Greycroft, Loeb.nyc
$26M
San Diego, CA-based online grocery platform for small retailers
 
Insight Partners, Uncorrelated Ventures, Jeremy Stoppleman, David Glazer, Michael Ovitz, Kleiner Perkins, Quiet Capital
$25M
San Francisco, CA-based remote management platform for customer-facing teams
 
Tiger Global, Woodline Partners, Wellington Management, Lone Pine Capital, NEA, Glade Brook Capital, DFJ Growth
$155M
San Francisco, CA-based platform that connects creators with paying fans
 
Meritech Capital Partners, Sequoia Capital, True Ventures, Khosla Ventures
$54M
San Francisco, CA-based microbiome startup
 
B Capital Group, Dragoneer, OMERS, GoldenArc Capital
$100M
Ambler, PA-based talent experience platform
 
WI Harper Group, Aspiro Capital Management, Vantage Point Ventures
$20M
Palo Alto, CA-based provider of open-networking software
 
General Catalyst, WRVI Capital
$25M
Santa Clara, CA-based app experience infrastructure startup
 
D1 Capital Partners, Stripe
$115M
New York, NY-based provider of digital corporate cards and spend management software
 
Craft Ventures, Luxor Capital
$15M
New York, NY-based build-your-own gift box platform
 
Lightspeed Venture Partners, Walden International, BlackRock, Greylock, GV, In-Q-Tel, Nepenthe Capital
$35M
Palo Alto, CA-based provider of data labeling solutions for machine learning
 
Gradient Ventures, GGV Capital
$35M
San Francisco, CA-based provider of developer tools for building ML applications
 
Inovia Capital, Forerunner Ventures, Shopify, Golden Ventures, Trucks VC
$17.5M
San Francisco, CA-based provider of same-day retail delivery services
 
Horizons Ventures, Equinor Ventures and insiders The Engine, Evok Innovations, the GOOSE Society of Texas
$23M
Houston, TX-based developer of photocatalyst for industrial energy industries
 
Fidelity, Surveyor Captial, Ikarian Capital, Janus Henderson, Opaleye Management
$70M
Bethesda, MD-based biotech focused on inflammatory eye disease
 
Vida Ventures, Catalio Capital Management, Polaris Partners, Droia Ventures, Arch Venture Partners, Quark Venture
$44M
New York, NY-based biotech focused on metastatic cancer
 
En Pointe, EPIQ Capital Group, Bonfire Ventures, Bullpen Capital, Cherubic Ventures, ValueStream Ventures
$21M
San Francisco, CA-based wealth intelligence platform
 
|Scherzer Deal Report|

The Scherzer Deal Report: March 26-April 2, 2021

Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.

 

PE and VC Firms

Greenwich, CT
$3.1B
Fourth flagship buyout fund
 
New York, NY
$3B
First private equity secondaries
 
Portola Valley, CA
$350M
Third fund
 
San Francisco, CA
$100M
VC fund-of-funds
 
Short Hills, NJ
$1.2B
Fund to extend Terra-Gen ownership
 
Los Angeles, CA
$20M
Second fund
 
New York, NY
$134M
Second VC fund
 
New York, NY
$6.65B
13th flagship growth equity fund
 
Boulder, CO
$1.25B
Third sustainable asset fund
 
New York, NY
$225M
Second prop-tech VC fund
 

Private Equity Investors

Thoma Bravo
Undisclosed
San Mateo, CA-based provider of visual test automation software
 
Francisco Partners
Undisclosed
Dallas, TX-based legal education company
 
Thomas H. Lee Partners
Undisclosed
Austin, TX-based provider of product review and user-generated content solution
 
Aurora Capital Partners
Undisclosed
Baltimore, MD-based medical waste collection company
 
Align Capital Partners
Undisclosed
Miami, FL-based formulator and contract manufacturer for animal health
 
Ethos Capital, The Baupost Group, Neuberger Berma
Undisclosed
Seattle, WA-based portfolio of website domains
 
Vista Equity Partners
Undisclosed
Austin, TX-based provider of data software to EMS, fire departments, hospitals and trauma offices
 
Vestar Capital Partners
$100M
Denver, CO-based health insurer
 
H.I.G. Capital
Undisclosed
Cedar Rapids, IA-based provider of digital marketing services to SMBs
 
Shore Capital
Undisclosed
Vancouver, WA-based customer packaging distribution firm
 
Cornell Capital
Undisclosed
Carrollton, TX-based nutritional supplements maker
 
ECP Liberty
Undisclosed
Pittsburgh, PA-based tire recycling company
 
TPG Rise Fund, Rabobank, S2G Ventures
$335M
Los Angeles, CA-based portfolio of plant-based food brands
 
Odyssey Investment Partners
Undisclosed
Hampton, NH-based alliance of independent insurance agencies
 

Venture Capital Investors

D1 Capital Partners, Sapphire Ventures, Tiger Global, Insight Partners
$125M
San Francisco, CA-based account engagement platform
 
Next Coast Ventures, Mercury Fund, KEC Ventures, Royal Street Ventures, Aspen Capital Group
$15M
Chicago, IL-based workflow platform for safety and risk management
 
8VC, Presight Capital, Peter Thiel, Mubadala Capital, Founders Fund, Gaingels, insiders Luma Bio-IT, Alexandria Venture Investments, Ulysses Diversified Holdings
$75M
Lexington, MA-based drug discovery startup
 
Venrock, Workday Ventures, B Capital Group, Engineering Capital, Firebolt Ventures, Neotribe Ventures
$15.5M
Santa Clara, CA-based provider of automation solutions for corporate finance teams
 
General Catalyst, Insight Partners, New Leaf Venture Partners, Eclipse Ventures
$101M
San Jose, CA-based digital health platform for biopharma and medtech
 
E.ventures, GV, Amazon Alexa Fund, United Talent Agency, SoftBank Vision Fund 2, Valor Equity Partners, Counterpoint Global, Lightspeed Venture Partners, Kleiner Perkins, Chernin Group, Origin Ventures, Spark Capital
$100M
Chicago, IL-based startup that lets fans pay for personalized videos from celebrities
 
Andreessen Horowitz, Index Ventures, Sequoia Capital, S Capital, Spark Capital, SVB Capital, Citi, J.P. Morgan, State Street
$90M
New York, NY-based SaaS platform for helping banks pool trading resources
 
Morningside Group
$35M
Boston, MA-based freelancer marketplace
 
Blue Venture Fund, 7wire Ventures, Drive Capital, Colorado Impact Fund
$20M
Denver, CO-based provider of on-demand virtual health service
 
Tiger Global, Kinnevik AB, Maverick Ventures, General Catalyst, Wellington Management, Thrive Capital, Redpoint Ventures, Echo Health Ventures, 8VC, Goldman Sachs Asset Management
$192M
Brooklyn, NY-based healthcare provider for lower-income communities
 
Transformation Capital, Glynn Capital, PruVen Capital, Gaingels, Greylock, NEA, Felicis Ventures
$40M
San Francisco, CA-based family benefits platform
 
Viking Global Investors, Senator Investment Group, AiiM Partners, Trousdale Ventures
$60M
Troy, NY-based developer of alternatives to foam packaging
 
Wellington Management, Redmile Group, TCG Crossover, Greenspring Associates, Point72, QIA, Moore Strategic Ventures, Goldman Sachs, CureDuchenne Ventures, 5AM Ventures, MPM Capital, Roche, MRL Ventures Fund, Agent Capital
$116M
Boston, MA-based biotech focused on neuromuscular diseases like Duchenne muscular dystrophy
 
Oak HC/FT, Fidelity, Nyca Partners, Sound Ventures, ThirdStream Partners, Urban Innovation Fund, Kapor Capital
$29M
New York, NY-based asset management platform that powers personalization for advisors
 
D1 Capital, Tiger Global, Iconiq, Susquehanna Growth Equity
$300M
Houston, TX-based provider of receivables software
 
CityRock Venture Partners, New General Market Partners, Gaingels, Interplay Ventures, Relevance Ventures, Towerview Ventures, WorldQuant Ventures
$36M
New York, NY-based messaging tech startup
 
Bain Capital Ventures, Acrew Capital
$87.5M
Boston, MA-based provider of multi-cloud backup and recovery services
 
Felicis Ventures, Bill Ackman, Maverick Ventures, Elephant VC, FJ Labs, Global Founders Capital
$21M
New York, NY-based video conferencing platform with real-time multilingual interpretation
 
XN, SoftBank Vision Fund 2, LVP, Benchmark, Bitkraft, Correlation Ventures, Epic Games
$100M
San Mateo, CA-based multiplayer game creation platform
 
FinTLV Ventures, Battery Ventures, CapitalG, Group 11, Zeev Ventures, Founders Circle, G Squared
$250M
Palo Alto, CA-based small businesses insurance
 
Flagship Pioneering, Fidelity, Invus, BlackRock, Cowen, Point72, Logos Capital, Mirae Asset Capital
$126M
Cambridge, MA-based epigenomics company
 
Magnetar Group, Yonjin Venture, Bering Capital, RiverVest Venture Partners, QIA, Redmile Group, Helsinn Investment Fund, Canaan Partners, Arch Venture Partners 
$40.6M
Seattle, WA-based immune-oncology startup
 
Artis Ventures, Lyell Immunopharma, Abstract Ventures, Civilization Ventures, Mubadala, Playground Global, Sahsen Ventures, WRF Capital
$30M
Seattle, WA-based developer of smart cell therapies
 
Greenspring Associates
$150M
Miami, FL-based B2B financing platform for SaaS companies
 
IVP, Atlassian, Accel, Norwest Venture Partners, Okta
$45M
Palo Alto, CA-based SaaS management platform
 
Arix Bioscience, RTW Investments, Perceptive Advisors, RA Capital Management, Pfizer Ventures, BVF Partners, Janus Henderson, Cormorant, HBM Healthcare, Tekla Capital, Acuta Capital Partners, Ridgeback Capital Investments, Surveyor Capital, Laurion Capital Management, Logos Capital, LifeSci Venture Partners
$152M
Cambridge, MA-based cancer biologics startup
 
Avoro Ventures, OrbiMed, Andreessen Horowitz, Perceptive Advisors, T. Rowe Price, Wellington Management, RA Capital Management, Menlo Ventures
$100M
Alameda, CA-based molecular engineering startup
 
Peak6, Upper90, WTI, River Park Ventures
$100M
New York, NY-based acquirer of Amazon third-party private-label businesses
 
Stone Court Capital, Highline Capital
$77M
Boston, MA-based weather intelligence platform
 
Dragoneer, Cobalt Capital, L Catterton, Sapphire Ventures, private individuals
$250M
San Francisco, CA-based at-home strength and personal training platform
 
Apple, Alphabet, Andreessen Horowitz
$50M
Brooklyn, NY-based distribution platform for musicians
 
Rhapsody Venture Partners, Impossible Ventures
$15M
Somerville, MA-based provider of navigation systems for self-driving cars
|Scherzer Deal Report|

The Scherzer Deal Report: March 22-26, 2021

Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.

 

PE and VC Firms

New York, NY
$50M
Third fund
 
New York, NY
$70M
Third fund
 
Zug, Switzerland
$786M
Fifth secondaries vehicle focused on midmarket PE fund interests
 
San Francisco, CA
$850M
Ninth VC secondaries fund
 
Los Angeles, CA
$103M
Debut fund
 
New York, NY
$25M
Debut fund
 
New York, NY
$200M for second flagship fund and $100M for other funds
 
Boston, MA
$532M
New “continuation fund” to its fifth vehicle
 
St. Louis, MO
$275M
Fifth fund
 
New York, NY
€465M
The sixth fund focused on European lower mid-market companies
 

Private Equity Investors

New Harbor Capital
Undisclosed
Pontiac, MI-based at-home respiratory care company
 
Crescendo Capital Partners
Undisclosed
Provider of concrete repair, restoration, and installation of fluid-applied flooring systems
 
Serent Capital
Undisclosed
Torrance, CA-based provider of cloud software to professional services firms
 
Thoma Bravo
$3.75B
San Francisco, CA-based provider financial markets software
 
RLG Capital and Trinity Private Equity
Undisclosed
American Fork, UT-based online learning platform
 
Great Hill Partners, Centana Growth Partners, Millennium Technology Value Partner
$150M
Palo Alto, CA-based identity verification company
 
Encore Consumer Capital
Undisclosed
New York, NY-based provider of women’s health and wellness products like supplements and OTC suppositories
 
Susquehanna Private Capital
Undisclosed
Charlottesville, VA-based franchisor of home improvement brands
 

Venture Capital Investors

Third Rock Ventures, Boxer Capital, Invus, MBC Biolabs, YC
$55M
South San Francisco, CA-based developer of targeted immunotherapies for cancer
 
Matrix Capital Management, Surveyor Capital, Rock Springs Capital, Adage Capital Management, Velosity Capital, Medicxi, Advent Life Sciences, Lundbeckfonden Ventures, Arix Bioscience, Chiesi Ventures, Ysios Capital, Columbus Venture Partners
$80M
Cambridge, MA-based developer of VDC therapies for cancer
 
Spark Capital, Canaan Partners, Ten Eleven Ventures, Cyberstarts
$50M
San Mateo, CA-based zero-trust network access company
 
Accel, LinkedIn, Upfront Ventures, Ryan Smith, Omar Johnson, Michael Johnson
$40M
Palo Alto, CA-based enterprise event platform
 
Paradigm, TIME Ventures, Addition, Ribbit Capital
$100M
New York, NY-based blockchain analysis company
 
Eclipse Ventures
$18M
Cambridge, MA-based headless commerce startup
 
Define Ventures, Frist Cressey Ventures, Kaiser Permanente Ventures, SpringRock Ventures, Providence Ventures
$20M
Renton, WA-based healthcare access optimization startup
 
Spectrum Equity, Centana Growth Partners, Propel Venture Partners, Freestyle Capital, Compound Ventures, Upside Partnership
$41MSan Francisco, CA-based HR and benefits platform
 
Qatar Investment Authority, Charlesbank Capital Partners, Vulcan Capital
$200M
San Francisco, CA-based maker of plant-based eggs
 
OMERS Growth Equity, Kaiser Permanente Group, McKesson Ventures, B Capital Group
$153M
San Mateo, CA-based health data analytics platform
 
KKR, Sapphire Ventures, Citi Ventures
$200M
San Mateo, CA-based provider of anti-fraud tools to financial services companies
 
Mithril Capital
$50M
Mountain View, CA-based developer of AI chips for edge computing
 
Advocate Aurora Health
$25M
San Francisco, CA-based telenutrition startup
 
Thomas H. Lee Partners, Qualcomm Ventures, Volvo, Zebra Technologies, August Capital, CEAS Investments, Hyde Park Angels, Hyde Park Venture Partners, Bain Capital Ventures
$100M
Chicago, IL-based supply chain visibility platform
 
Blackstone Growth
$100M
San Francisco, CA-based provider of online mental health services
 
Redpoint eventures, Pearson Ventures, Daphni, Imaginable Futures, Reach Capital, Trinity Ventures
$20M
San Francisco, CA-based coding startup
 
Insight Partners
$15M
Seattle, WA-based provider of fresh food safety and traceability software
 
CRV, SuperSet, Ridge Ventures, Acrew Capital, SVB
$23M
Business data privacy and compliance automation platform
 
Tiger Global, Casdin Capital, Iconiq Growth, Andreessen Horowitz, SVB Capital
$220M
San Francisco, CA-based healthcare insights platform
 
Soros Fund Management, S&P Global, CPA.com
$53M
New York, NY-based enterprise crypto portfolio management software
 
Accelmed
$40M
Newton, MA-based maker of automatic pill dispensers
 
Fifth Wall, Tony Xu, Scott Cutler, Andreessen Horowitz
$53M
Lehi, UT-based self-storage marketplace
 
Canapi Ventures, CapitalG, Citi Ventures, Wells Fargo, True Bridge Partners, Camber Creek, Ludlow Ventures, NAR’s Second Century Ventures, Fifth Wall
$130M
Boston, MA-based remote online notarization platform
 
General Catalyst and Vivo Capital, First Round Capital, Manta Ray Ventures, XYZ Capital
$63M
San Francisco, CA-based developer of stem cell therapies for blood and immune diseases
 
Greycroft, Global Founders Fund, Acrew Capital, First American Financial, Shea Ventures, Amazon’s Jeff Wilke
$75M
second homeownership platform
 
Allianz, Acrew Capital, Greycroft, SVB Capital, SiriusPoint, Elefund, Moxley Holding
$118M
Provider of workers’ comp insurance for small businesses
 
8VC, Menlo Ventures, Conversion Capital, Meritech Capital, Fifth Wall, Base10 Partners
$15M
San Francisco, CA-based provider of the mortgage industry
 
SaaSIndex Ventures, Sequoia Capital, Madrona Venture Group
$100M
Seattle, WA-based social gaming platform
 
General Catalyst, FirstMark Capital, TQ Ventures, Altimeter, Baupost, Dragoneer, Shawspring, Radcliff, 776, SignalFire, Torch, BoxGroup
Ro 
$500M
New York, NY-based DTC pharmacy and primary care platform for men’s health
 
Tiger Global, Sequoia Capital Global, H.I.G. Growth, Arena Holdings, Battery Ventures, Bessemer Venture Partners, Dragoneer, Durable Capital Partners, ICONIQ Growth, Index Ventures, T. Rowe Price
$500M
Los Angeles, CA-based provider of software for tradespeople
 
Coatue, Trinity Ventures, Matrix Partners, Sapphire Ventures
$150M
San Francisco, CA-based real estate brokerage platform
 
Ping An, Pivot Investment Partners, Nationwide, Liberty Mutual, Intact Ventures, Tola Capital, Commerce Venture
$30M
Chicago, IL-based provider of claims management software
 
Fountain Healthcare Partners, Longwood Fund, Lumira Ventures, Sofinnova Investments, LSP
$22.6M
Malvern, PA-based developer of gene therapies for advanced coronary artery disease
|Scherzer Deal Report|

The Scherzer Deal Report: January 25-29, 2021

Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.

PE and VC Firms Fundraising Location Amount Description
GGV Capital  Menlo Park, CA $2.52B New family of VC funds
Prime Movers Lab Jackson, WY $245M Second fund
TCV Menlo Park, CA $4B Eleventh flagship venture capital fund

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

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

|Scherzer Deal Report|

The Scherzer Deal Report: January 18-22, 2021

Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.

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

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

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

|Scherzer Deal Report|

The Scherzer Deal Report: January 11-15, 2021

Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.

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

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

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

|Scherzer Deal Report|
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