Scherzer Deal Report Archives

The Scherzer Deal Report: Dec 4-11, 2019

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

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

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

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

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

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

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

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

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

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The Scherzer Deal Report: Nov 20-27, 2019

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

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PE and VC Firms Fundraising	Location	Amount	Description
Next Coast Ventures	Austin, TX	$130M	Second fund
Novacap	Montreal, Canada	C$940	Fifth fund
Weekend Fund	Seattle WA	$10M	Second fund

Private Equity Investors	Company	Amount	Description
Cinven	Barentz	Undisclosed	Dutch ingredients distributor for the food, pharmaceutical, personal care, and animal nutrition markets
Pfingsten	Environmental Lights	Undisclosed	San Diego, CA-based maker of commercial LED lighting
Silver Lake	First Advantage	Undisclosed	Atlanta, GA-based background check provider
ClearLight Partners	Handel’s	Undisclosed	Youngstown, OH-based ice cream shop franchise
New Mountain Capital	Horizon Group Services	Undisclosed	Newark, DE-based provider of residential HVAC, plumbing and electrical services
Levine Leichtman Capital Partners	Milton Industries	Undisclosed	Chicago, IL-based maker of tools and accessories for pneumatic applications
Encore Consumer Capital	Murry’s	Undisclosed	Greenbelt, MD-based maker of frozen French toast sticks and bites
Kartesia	Richardson	Undisclosed	Philadelphia, PA-based provider of enterprise sales training to the Fortune 1000
Harvest Partners	Service Express	Undisclosed	Grand Rapids, MI-based provider of post-warranty data center equipment maintenance service

Private Equity Investors	Company	Amount	Description
Volition Capital	Arteza	$24M	Miami, FL-based direct-to-consumer arts and crafts supplier
Salesforce Ventures, SoftBank Vision Fund, Goldman Sachs	Automation Anywhere	$290M	San Jose, CA-based robotic process automation startup
Point72 Ventures, GSR Ventures	Deep 6 AI	$17M	Pasadena, CA-based provider of clinical trials acceleration software
Insight Partners, Accel, FirstMark, SignalFire, Shasta Ventures	Frame.io	$50M	New York-based video review and collaboration platform
Galaxy Interactive, Valor Equity, K5 Global, March Capital Partners, OCA Ventures, Makers Fund, Horizons Ventures	Genvid Technologies	$27M	New York-based interactive video streaming engine
Aperex Technologies, Showa Denko, Cabot Corp., BASF, OVP Venture Partners	Group14 Technologies	$18M	Seattle, WA-based developer of materials for electric vehicle batteries
Redpoint Ventures, Felicis Ventures, Ribbit Capital, Zigg Capital	Juniper Square	$75M	San Francisco, CA-based investment management platform for commercial real estate
Sequoia Capital, Kleiner Perkins, Kevin Systrom, Mike Krieger	Loom	$30M	San Francisco, CA-based video-based enterprise collaboration platform
Accel, 8VC	Nines	$16.5M	Palo Alto, CA-based teleradiology startup
Thrive Capital	Rightway Healthcare	$20M	New York-based health benefits navigation platform
Spectrum Equity	Scribd	$58M	San Francisco-based subscription reading service
Meritech Capital, Spark Capital, GGV Capital, True Ventures	Tray.io	$50M	San Francisco, CA-based workflow automation platform

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The Scherzer Deal Report: Nov 13-20, 2019

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

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PE and VC Firms Fundraising	Location	Amount	Description
.406 Ventures	Boston, MA	$294M	Fourth fund
Alpine Investors	San Francisco, CA	$1B	Seventh fund
Balance Point Capital	Westport, CT	$85M	Fourth fund
CAVU Venture Partners	New York, NY	$250M	Third fund
CincyTech	Cincinnati, OH	$50M	Fifth fund
Clocktower Technology Ventures	Santa Monica, CA	$70M	Second fund focused on early-stage fintech companies
Elliott Management	New York, NY	$2B	Buyout fund
HarbourVest Partners	Boston, MA	$3B	Fifth co-investment private equity fund
Impact Engine	Chicago, IL	$25M	Second fund
Kindred Ventures	San Francisco, CA	$55M	Debut fund
Northgate Capital	San Francisco, CA	$120M	Eighth VC fund-of-funds
NovaQuest	Raleigh, NC	$275M	New fund
OpenView Venture Partners	Boston, MA	$450M	Sixth fund
Palm Drive Capital	New York, NY	$44M	Third fund
Sightway Capital	New York, NY	$1.2B	Debut fund
The House Fund	Berkeley, CA	$44M	Second fund
Unusual Ventures	Menlo Park, CA	$400M	Second fund

Private Equity Investors	Company	Amount	Description
Vista Equity Partners	Accelya	Undisclosed	Spanish provider of financial and commercial analytics to the airline industry
Clayton, Dubilier & Rice	Cynosure	Undisclosed	Westford, MA-based maker of medical aesthetics systems
HKW	John M. Floyd & Associates	Undisclosed	Baytown, TX-based provider of overdraft program software for regional banks and credit unions
Providence Equity Partners	N2y	Undisclosed	Huron, OH-based provider of software and curriculum to the K-12 special ed market
Cerberus Capital Management	Off Lease Only	Undisclosed	West Palm Beach, FL-based used car dealer
Advent International	Olaplex	Undisclosed	Santa Barbara, CA-based professional hair care brand
RedBird Capital Partners	OneTeam Partners	$125M	New York and Washington, DC-based management group for pro athlete portrayals
Luminate Capital Partners	Quantivate	Undisclosed	Woodinville, WA-based risk mitigation and compliance platform for financial institutions
Brighton Park Capital	Relatient	Undisclosed	Franklin, TN-based provider of healthcare patient engagement software
Vista Equity Partners	Sonatype	Undisclosed	Fulton, MD-based open-source automation company
Dominus Capital	Surface Preparation Technologies	Undisclosed	New Kingstown, PA-based provider of roadway rumble strips
Hanover Partners	Westside	Undisclosed	Madera, CA-based maker of tomato and pistachio harvesting equipment

Private Equity Investors	Company	Amount	Description
Greylock	Abnormal Security	$24M	San Francisco, CA-based cloud email security startup
Triangle Peak Partners, NewView Capital Partners, Alsop Louie Partners, Eastward Capital Partners	Aerospike	$32M	Mountain View, CA-based provider of NoSQL data solutions
Shasta Ventures, Unusual Ventures	Banyan Security	$17M	San Francisco, CA-based provider of secure remote access solutions
Insight Partners, Sequoia Capital, Battery Ventures, Mayfield	BigPanda	$50M	Mountain View, CA-based autonomous ops platform
Kleiner Perkins, Coinbase Ventures, ConsenSys, A Capital, Collaborative Fund, Sound Ventures, Galaxy Digital, Initialized Capital	Bison Trails	$24.5M	New York, NY-based blockchain protocols startup
ION Crossover Partners, MUFG, O.G. Tech, Vintage Investment Partners, Maor Investments, M12, Lightspeed Venture Partners, Menlo Ventures, 83North, SVB, Nationwide, Citi Ventures	Blue Vine	$102.5M	Redwood City, CA-based provider of banking services to SMBs
Founders Fund, Coatue Management, A-Rod Corp, Atomic VC, CAA Ventures, Cherubic Ventures, Maverick Capital, Nine Four Ventures, Wing Ventures	Bungalow	$32M	San Francisco, CA-based co-living company
Battery Ventures, MizMaa Ventures	CHEQ	$16M	New York, NY-based ad fraud prevention startup
Altimeter Capital, Sutter Hill Ventures	Clumio	$135M	San Jose, CA-based provider of enterprise data backup solutions
BuildGroup, Arthur Ventures, Gula Tech Adventures	Cybrary	$15M	College Park, MD-based cybersecurity career development platform
Lightspeed Venture Partners	CyCognito	$23M	Palo Alto, CA-based continuous attack surface testing platform
Palm Drive Capital, Altos Ventures, NFP Ventures, Stage 2 Capital, MPK Equity Partners, Seyen Capital, MK Capital	DataCubes	$15.2M	Schaumburg, IL-based provider of underwriting decisioning software for P&C insurers
Reshape, Fifth Wall Ventures, Mitsui Fudosan, RXR Realty, Thor Equities, Bessemer Venture Partners, Alate Partners, Quiet Capital, S28 Capital, Canvas Ventures, Comcast Ventures, Upshift Partners, Impala Ventures, ENIAC Ventures, Crystal Towers	Eden	$25M	San Francisco, CA-based workplace management platform
Foresite Capital	GenapSys	$90M	Redwood City, CA-based genome sequencing company
Top Tier Capital Partners, CSL Ventures, Crosslink Capital, Bowery Capital, Blue Bear Capital	GoExpedi	$25M	Houston, TX-based online procurement platform for oilfield services
Kleiner Perkins, S28 Capital, YC	Gravitational	$25M	Oakland, CA-based cloud deployment startup
Bayer, Novartis, Evotec, M Ventures, Alexandria Venture Investments	Immunitas Therapeutics	$39M	Boston, MA-based immuno-oncology startup
EQT Ventures, NFX, YC	Let’s Do This	$15M	San Francisco and London-based online marketplace for endurance events
Javelin Venture Partners, Avon Ventures, Alumni Ventures, Hashed, Galaxy Digital, Struck Capital	Mythical Games	$19M	Los Angeles, CA-based game publisher focused on “player-owned economies”
Griffin Gaming Partners, Galaxy Digital Capital, KPCB Holdings, Korea Investment Partners, TABLE, Blue Planet Software, Ocean Road	N3twork	$40M	San Francisco, CA-based games publisher
General Atlantic, Banco Votorantim, Monashees, Omidyar Network, Propel, Quona, Mabi	Neon	$94M	Brazilian digital bank
Capricorn Investment Group, Dell Technologies Capital, Mayfield, WRVI Capital, Nepenthe LLC	Nuvia	$53M	Santa Clara, CA-based chip design startup
Adams Street Partners, Sapphire Ventures, AllianceBernstein	Punchh	$40M	San Mateo, CA-based provider of customer marketing software for physical retailers
Citadel founder Ken Griffin	Rex	$40M	Austin, TX-based residential real estate brokerage platform
Index Ventures	Starburst	$22M	Boston, MA-based data analytics modernization startup
Spark Capital, General Catalyst, Hanaco Ventures, Empire Angels	Superpedestrian	$20M	Boston, MA-based scooter fleet developer
Andreessen Horowitz, Base10 Partners	Virtual Kitchen Co.	$15M	San Francisco, CA-based cloud kitchen startup
YC Continuity Fund	Vouch	$45M	San Francisco, CA-based provider of business insurance to startups
BlueCross BlueShield Venture Partners, Threshold Ventures, F-Prime Capital	Wellframe	$20M	Boston, MA-based digital health management company
MPM Capital, Longwood Fund, Taiho Ventures, Arkin Bio Ventures, UPMC Enterprises, DC Investment Partners	Werewolf Therapeutics	$56M	Cambridge, MA-based developer of cancer drugs
DCVC Bio	X-37	$14.5M	San Francisco, CA-based AI-enabled drug discovery startup

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The Scherzer Deal Report: Nov 6-13, 2019

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

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PE and VC Firms Fundraising	Location	Amount	Description
Altas Partners	Toronto, Canada	$3B	Second fund
Boldstart Ventures	New York, NY	$157M	Fourth seed and early-stage fund and first opportunities fund
CVC Capital Partners	Luxembourg	$1.6M	Second growth equity fund
Inspired Capital	New York, NY	$200M	Debut fund
Newbury Partners	Stamford, CT	$1.75B	Fifth fund
Norwest Venture Partners	Palo Alto, CA	$2B	Fifteenth fund
Pathlight Capital	Hingham, MA	$540M	Debut fund
SK Capital Partners	New York, NY	$400M	New fund
The Chernin Group	Los Angeles, CA	$700M	Debut fund

Private Equity Investors	Company	Amount	Description
Industrial Growth Partners	ASPEQ	Undisclosed	St. Louis, MO-based manufacturer of highly engineered electric-heating and thermal-management technologies
Gemspring Capital	Crafty Apes	Undisclosed	New York, NY-based visual effects company
Sverica	Gryphon Networks	Undisclosed	Boston, MA-based provider of sales performance management and compliance software
General Catalyst, Emerson Collective, Iconiq Capital, Lead Edge Capital, Workday Ventures, Salesforce Ventures, Next Play Capital, Silicon Valley Bank, Felicis Ventures, Bessemer Ventures, Redpoint Ventures, Harrison Metal	Guild Education	$157M	Denver, CO-based education benefits platform focused on creating opportunity for America’s workforce through education
Advent International	Mariana Tek	Undisclosed	Washington, DC-based provider of business management software for the fitness market
Butterfly Equity	Orgain	Undisclosed	Irvine, CA-based maker of organic and “clean” protein powders, shakes, and nutrition bars
Dyal Capital	Owl Rock Capital	$500M	New York, NY-based private debt lender
Main Post Partners	Sugared + Bronzed	Undisclosed	Beverly Hills, CA-based provider of sugaring and sunless tanning services
Apollo Global Management	Tech Data	$5.4B	Clearwater, FL-based IT equipment distributor
Starwood Energy Group	Third Coast Midstream	Undisclosed	Lavaca, TX-based gas gathering infrastructure

Private Equity Investors	Company	Amount	Description
Accel, Slack Fund	1Password	$200M	Toronto, Canada-based online password manager
Wellington Management, Fidelity, Bain Capital Ventures, Bessemer Venture Partners, Tribeca Venture Partners	ACV Auctions	$150M	Buffalo, NY-based wholesale auto auction site
Sequoia Capital, BV, Closed Loop Partners, Congruent Ventures, Sidewalk Labs	AMP Robotics	$16M	Denver, CO-based developer of robots for sorting recyclable materials
Optum Ventures, Pritzker Group VC, Baird Capital, Math Ventures, Levy Family Partners, Illinois Ventures, Wintrust	Apervita	$22M	Chicago, IL-based healthcare analytics platform
Atlas Ventures, Pfizer Ventures, Tekla Capital, BioInnovation Capital	Arkuda Therapeutics	$44M	Cambridge, MA-based biotech focused on dementia
RTW Investments, Cormorant Asset Management, CureDuchenne, Logos Capital, Partner Fund Management, Perceptive Advisors, ST Pharm, Alethea Capital, Alexandria Venture Investments, Boxer Capital, Brace Pharma Capital, EcoR1 Capital, Takeda Ventures	Avidity Biosciences	$100M	La Jolla, CA-based biotech startup focused on rare muscle disorders
Generation Investment Management, T. Rowe Price, Baillie Gifford, Fidelity, Durable Capital Partners, CapitalG, Lone Pine Capital	Convoy	$400M	Seattle, WA-based marketplace that connects truckers and shippers
Index Ventures, Sussex Place Ventures, Contour Ventures, Partnership Fund for New York, Outrun Ventures	Cutover	$17M	New York-based work orchestration and observability platform
Bessemer Venture Partners, Energize Ventures, AirTree, Emergence Capital, Scale Venture Partners, Uncork Capital	DroneDeploy	$35M	San Francisco, CA-based drone mapping and analytics platform
GreatPoint Ventures, Pritzker Group VC, Lightbank, Shah Capital Partners	Extend	$16.4M	San Francisco, CA-based extended warranties-as-a-service startup
Accel, CapitalG, Sequoia Capital	Freshworks	$150M	San Mateo, CA-based provider of customer support software
Kairos Ventures, Bold Capital Partners	GuRu Wireless	$15M	Pasadena, CA-based millimeter-wave technology startup
Insight Partners	Hundred	$8M	New York, NY-based personalized vitamin brand
Founders Fund	iSee	$15M	Cambridge, MA-based autonomous driving startup for trucks
Panorama Point Partners, Iron Gate Capital, DH Capital	Liqid	$28M	Broomfield, CO-based composable infrastructure hardware and software platform
Battery Ventures	LogRocket	$15M	Cambridge, MA-based startup focused on identifying and fixing software bugs
ICONIQ Capital, Kleiner Perkins, Sapphire Ventures, Lightspeed Venture Partners, Bain Capital Ventures, Comerica Bank	Moveworks	$75M	Mountain View, CA-based provider of automated employee IT support services
Bain Capital Ventures, Venrock	Nightfall	$15.5M	San Francisco, CA-based data loss prevention platform
Clearvision Ventures, Sequoia Capital, Invicta Growth, Bunge Ventures, Chevron, Goldman Sachs, Tech Pioneers Fund, GV, Geodesic Capital, SKY Perfect JSAT, Intellectus Partners, Lux Capital	Orbital Insight	$50M	Mountain View, CA-based provider of geospatial analytics solutions
Paychex founder Tom Golisano	PostProcess Technologies	$20M	Buffalo, NY-based provider of automated finishing solutions for 3D-printed products
Blue Ox Healthcare Partners	Sera Prognostics	$36M	Salt Lake City, UT-based prenatal diagnostics startup
CVC Growth Partners, Centana Growth Partners, Voyager Capital	SheerID	$64M	Portland, OR-based marketing ID verification company
F-Prime Capital, Sequoia Capital, Freestyle Capital, Founders Fund	Snapdocs	$25M	San Francisco, CA-based home mortgage closing platform
Spectrum Equity	Spreedly	$75M	Durham, NC-based provider of digital payments optimization software
Shasta Ventures, Salesforce Ventures, Steve Young	Threekit	$20M	Chicago, IL-based developer of immersive product experiences for brands and retailers
Razor’s Edge Ventures, New York City Ventures, Paladin Capital Group, RRE Ventures, S&P Global	Ursa	$15M	Ithaca, NY-based geospatial analytics-as-a-service startup
Foundry Group, Two Sigma Ventures, Accomplice, Thursday Ventures, Promus Ventures, SVB	Whoop	$55M	Boston, MA-based maker of wearable fitness trackers
Redpoint Ventures, Norwest Venture Partners, Geodesic Capital, Battery Ventures, Storm Ventures	Workato	$70M	Cupertino, CA-based automation platform for workflow management
Vulcan Capital, Marubeni Corp., Madrona Venture Group, Tenaya Capital	Wrench	$20M	Seattle, WA-based on-demand vehicle repair service for consumers and fleets

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The Scherzer Deal Report: Oct 30-Nov 6, 2019

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

Manage your Scherzer International subscription(s).

PE and VC Firms Fundraising	Location	Amount	Description
Brookfield Asset Management	Toronto, Canada	$9B	Fifth flagship private equity fund
KKR	New York and London	€5.8B	Fifth European buyout fund
L Catterton Asia	Singapore	$1.45B	Third fund
Modus Capital	New York and Egypt	$75M	Fund targeting early and growth stage companies across the Middle East and North Africa
Peak Ventures	Lehi, UT	$75M	Third fund for firm formerly known as Album VC

Private Equity Investors	Company	Amount	Description
Yellow Wood Partners	Dr. Scholl’s	$585M	Global foot-care products brand
BV Investment Partners	EDCO Health Information Solutions	Undisclosed	St. Louis-based provider of automated unstructured data indexing software for healthcare providers
NGL Energy Partners	Hillstone Environmental Partners	Undisclosed	Denver, CO-based provider of water pipeline and disposal infrastructure solutions
ICV Partners	JK & T Wings	Undisclosed	Shelby Charter, MI-based franchisee of Buffalo Wild Wings restaurants
Spectrum Equity	Kajabi	Undisclosed	Irvine, CA-based platform that helps individuals and small businesses create online courses and training materials
First Reserve	Lamons	Undisclosed	Houston, TX-based gaskets manufacturer
Gravity	On Point Oilfield Holdings	Undisclosed	Permian Basin produced water midstream business
CVC Capital Partners	Ontic	Undisclosed	Chatsworth, CA-based provider of OEM-licensed parts for aerospace platforms
CPPIB	Pattern Energy	Undisclosed	San Francisco, CA-based renewable energy group
CI Capital Partners	WTS International	Undisclosed	Rockville, MD-based spa design and management firm
Harvest Partners	Yellowstone Landscape	Undisclosed	Bunnell, FL-based provider of commercial landscaping services

Private Equity Investors	Company	Amount	Description
The Column Group, Vida Ventures, Samsara BioCapital, Nextech Invest	A2 Biotherapeutics	$57M	Agoura Hills, CA-based developer of cell therapies for cancer
Palisades Growth Capital, Innov8, Asahi Kasei, Accelmed Growth Partners, SpringRock Ventures, Baird Capital, New Leaf Venture Partners, Pritzker Group, Biomatics Capital, Tribeca Venture Partners, SVB	AiCure	$24.5M	New York-based visual recognition platform for monitoring patient progress in clinical trials
H.I.G. BioHealth Partners, 7wire Ventures, SV Health Investors, Bluestem Capital	Clarify Medical	$18M	San Diego, CA-based developer of a phototherapy device for treating psoriasi
Fresenius Medical Care, Wellington Partners, Bayer, Arch Venture Partners, Biomatics Capital, Alta Partners, Khosla Ventures	eGenesis	$100M	Cambridge, MA-based gene editing biotech startup
SV Health Investors, BlueCross BlueShield Venture Partners	Healthify	$16M	New York-based healthcare referrals platform
Zeev Ventures, Group 11, Menlo Ventures, Crosslink Capital, Stereo Capital	HomeLight	$63M	San Francisco, CA-based platform for matching home-sellers with real estate agents
Community Investment Management	Kenzie Academy	$100M	Indianapolis, IN-based software engineering apprenticeship school
Goldman Sachs	LeaseQuery	$40M	Atlanta, GA-based provider of lease accounting software
Comcast Ventures, NEA, Andreessen Horowitz, Pillar VC, Amdocs	Neural Magic	$15M	Somerville, MA-based machine learning startup that leverages commodity CPUs,
Insight Partners, Bessemer Venture Partners, New Era Capital Partners, Dynamic Loop Capital	Papaya Global	$45M	New York-based payroll and payment management platform
General Atlantic, General CatalystMerck, Bristol-Myers Squibb	PathAI	$75M	Boston, MA-based computational pathology startup
Georgian Partners, Wells Fargo, Citi Ventures, Untitled Investments, Sapphire Ventures, Bain Capital, Primary Venture Partners	Reonomy	$60M	New York-based commercial real estate data and analytics platform
Norwest Venture Partners	Senreve	$16.75M	San Francisco, CA-based maker of luxury handbags
NEA, CureDuchenne Ventures	Shape Therapeutics	$35.5M	Seattle, WA-based developer of RNA-editing gene therapies
Khosla Ventures, Mayfield, M12	Volterra	$50M	Santa Clara, CA-based provider of distributed cloud services

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The Scherzer Deal Report: Oct 23-30, 2019

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

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PE and VC Firms Fundraising	Location	Amount	Description
Crestline Investors	Fort Worth, TX	$360M	Third Europe-focused opportunities fund
KKR	New York, NY	$2B	Second tech-focused growth equity fund
Rise of the Rest	Washington, DC and San Francisco, CA	$150M	Second seed fund
The Carlyle Group	New York, NY	€6.4B	Fifth European buyout fund

Private Equity Investors	Company	Amount	Description
Clayton, Dubilier & Rice	Anixter International	Undisclosed	Glenview, IL-based distributor of solutions for network & security, electrical & electronic solutions and utility power
Graham Partners	Gatekeeper Systems	Undisclosed	Foothill Ranch, CA-based provider of intelligent shopping cart systems for retailers
SK Capital	GEON Performance Solutions	Undisclosed	Avon Lake, OH-based plastic compounded solutions group
The Carlyle Group	Hilb Group	Undisclosed	Richmond, VA-based insurance brokerage
Rockbridge Growth Equity	ProSites	Undisclosed	Temecula, CA-based online marketing firm
Granite Creek Capital Partners, Red Arts Capital	Sunset Pacific Transportation	Undisclosed	Chino, CA-based leasing logistics company

Private Equity Investors	Company	Amount	Description
Tiger Global, Accel, Vulcan Capital, Founders Co-op	Ally	$15M	Seattle, WA-based goal-setting and business performance management software provider
Ampersand Capital Partners	Arranta Bio	$82M	Watertown, MA-based microbiome contract development and manufacturing organization (CDMO)
CRV, Formation 8, Ignition Partners, Liberty Global Ventures	Aviatrix	$40M	Santa Clara, CA-based provider of networking and security services for multi-cloud enterprises
Evolution Ventures, Macy’s, Khosla Ventures, Peak State Ventures	b8ta	$50M	San Francisco, CA-based retail-as-a-service startup
Volition Capital	Burst Oral Care	$20M	Los Angeles, CA-based sonic oral care company
OMERS Ventures, Emergence Capital, Mayfield, Cowboy Ventures, Verizon Ventures	Crunchbase	$30M	San Francisco, CA-based provider of private-company prospecting and research solutions
Forerunner Ventures	Curated	$27.5M	San Francisco, CA-based personalized online shopping platform
Breakout Ventures, Blackhorn Ventures, Western Technology Investment	Cytovale	$15M	San Francisco, CA-based developer of biomarkers for early detection of sepsis
ST Telemedia, Redpoint Ventures, Kleiner Perkins, Nextworld Capital, Citi Ventures, Top Tier Capital Partners	Datameer	$40M	San Francisco, CA-based big data analytics platform
Novo Holding, Access Biotech, Atlas Venture	Disc Medicine	$50M	Cambridge, MA-based hematology startup
JAFCO, Goldman Sachs, NEC Corp	DotData	$23M	San Mateo, CA-based data science automation startup
Intel Capital, Hearst Ventures, Team8	Duality Technologies	$16M	Newark, NJ-based provider of privacy-enhancing data science solutions based on homomorphic encryption
Guidepost Growth Equity	Green Rabbit	$31M	Braintree, MA-based provider of cold chain e-commerce logistics for the food industry
Samsung Catalyst, Mubadala, ACME Capital, Airbus Ventures, Hewlett Packard Pathfinder, Tao Capital Partners, Correlation Ventures, A&E Investment, Amazon, NEA, GV, Osage University Partners	IonQ	$55M	College Park, MD-based quantum computing startup
Point72 Ventures, Lululemon, LionTree, Spark Capital, Lerer Hippeau	Mirror	$34M	New York, NY-based maker of at-home “mirrors” that stream studio fitness classes
Omega Funds, Aisling Capital, Altitude Life Science Ventures, Baupost Group, Boxer Capital, EDBI, ECOR1 Capital, Fidelity, Pavilion Capital, Perceptive Advisors, Redmile Group, Surveyor Capital	Nuvation	$275M	New York, NY-based stealth biotechnology company developing proprietary therapies for oncology
ATW Partners, SJF Ventures, Health Catalyst Capital, Inova Health Systems, RTI International, ARUP Labs	PierianDx	$27M	St. Louis-based clinical genomics informatics startup
Greylock, Thomvest, Bain Capital Ventures, NFX, NYCA Ventures	Ribbon	$30M	New York, NY-based home finance startup
TDM Growth Partners	Rokt	$48M	New York, NY-based e-commerce marketing company
NewView Capital, CPPIB, Baillie Gifford, Greycroft, Revolution Growth, Sands Capital Ventures	Scopely	$200M	Los Angeles, CA-based mobile gaming company
Companion Fund, TTV Capital, FJ Labs, Struck Capital	Scratchpay	$15M	Los Angeles, CA-based provider of payment plans for veterinary care
Georgian Partners	Shipwell	$35M	Austin, TX-based software platform for managing trucking logistics
SignalFire, NextWorld Capital, Bloomberg Beta, Hillsven Capital	Stampli	$25M	Mountain View, CA-based accounts payable automation and communications platform
Andreessen Horowitz, Westlake Village BioPartners, Gilead Sciences, UPenn, Be The Match BioTherapeutics, American Cancer Society	Tmunity Therapeutics	$75M	Philadelphia, PA-based developer of T-cell immunotherapies
WestRiver Group, RNS Partner	Toca Football	$25M	Costa Mesa, CA-based soccer training startup
Health Enterprise Partners, MemorialCare Innocation Fund	Twistle	$16M	Seattle, WA-based healthcare process automation startup
Silver Lake	Vacasa	$319M	Portland, OR-based vacation rental management company

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The Scherzer Deal Report: Oct 16-23, 2019

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

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PE and VC Firms Fundraising	Location	Amount	Description
Bloomberg Beta	New York, NY	$75M	Third fund
Refactor	Burlingame, CA	$30M	Second seed stage fund
TPG Sixth Street Partners	San Francisco, CA	$2.2B	Capital Solutions fund

Private Equity Investors	Company	Amount	Description
SkyKnight Capital	AeroCare Holdings	Undisclosed	Orlando, FL-based provider of home healthcare solutions for patients with chronic respiratory conditions
Lee Equity Partners	Cosmetic Solutions	Undisclosed	Pompano Beach, FL-based contract manufacturer for skincare brands
LLR Partners, Parthenon Capital	DaySmart Software	Undisclosed	Ann Arbor, MI-based provider of business management software to the spa/salon, pet care, and tattoo markets
Power Digital	Factorial Digital	Undisclosed	Asbury Park, NJ-based growth marketing and SEO agency
Anacapa Partners	I4Pro	Undisclosed	São Paulo, Brazil-based provider of ERP software for the Brazilian insurance market
One Rock Capital Partners	Innophos	$932M	Dallas, TX-based provider of furniture to off-campus student housing properties
Cerberus Capital Management	Kellermeyer Bergensons Services	Undisclosed	Oceanside, CA-based industrial and commercial facilities management firm
Periscope Equity	Mobile Solutions	Undisclosed	Centennial, CO-based SaaS mobile mobility management platform
One Equity Partners	ORS MEDCO	Undisclosed	Deerfield, IL-based wholesaler of maintenance and repair focused non-discretionary and consumable industrial and automotive aftermarket products
Inmar	OwnerIQ	Undisclosed	Boston, MA-based provider of self-support product information for consumers
Genpact	Rightpoint	Undisclosed	Chicago, IL-based digital consultancy
Nautic Partners	Spartech	Undisclosed	Maryland Heights, MO-based custom manufacturer of specialized acrylics and other engineered extruded plastics
Platinum Equity	TruckPro	Undisclosed	Cordova, TN-based heavy-duty truck parts distributor

Venture Capital Investors	Company	Amount	Description
General Atlantic, JMI Equity	Benevity	C$40M	Canadian provider of corporate social responsibility and employee engagement software
Insight Partners, Accel	Corelight	$50M	San Francisco, CA-based cybersecurity company
Andreessen Horowitz, Alkeon Capital Management, BlackRock, Coatue, Dragoneer, Geodesic, Green Bay Ventures, NEA, T. Rowe Price, Tiger Global	Databricks	$400M	San Francisco, CA-based data analytics SaaS company
Northzone	Disperse	$15M	London-based construction tech startup
Corner Ventures, Aleph, CPPIB, Innovation Endeavors, La Maison, Playground Ventures, Temasek	Fabric	$110M	New York, NY-based innovative logistics company-based provider of automated retail logistics
Index Ventures, Spark Capital, Tribe Capital, SC Ventures, Glynn Capital, Greylock, NEA, Andreessen Horowitz	Instabase	$105M	San Francisco, CA-based social platform for business data
GMAG Holdings, Winnebago Industries	Motiv Power Systems	$60M	Foster City, CA-based electric truck chassis company
Mosaik Partners, Medici Ventures, Intuitive Venture Partners	PeerNova	$31M	San Jose, CA-based provider of end-to-end digitization for financial institutions
DCVC Bio, The Column Group, M Ventures, CRV, Neotribe Ventures	Plexium	$28M	San Diego, CA-based biotech focused on protein degredation
Redline Capital, MMC Ventures, GMG Ventures, Hearst Ventures	Signal AI	$25M	New York, NY-based business intelligence and media monitoring startup
NEA, Andreessen Horowitz, a16z Cultural Leadership Fund, Green Bay Ventures	Sisu	$52.5M	San Francisco, CA-based maker of diagnostic technology for structured data
Lux Capital, DFJ	Zoox	$200M	Foster City, CA-based self-driving automaker

|Scherzer Deal Report|

The Scherzer Deal Report: Oct 9-16, 2019

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

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PE and VC Firms Fundraising	Location	Amount	Description
BoxGroup	New York, NY	$165M	Flagship vehicle ($82.5M) and an opportunities fund ($82.5M)
Craft Ventures	San Francisco, CA	$500M	Second fund led by David Sacks
Day One Ventures	San Francisco, CA	$20M	Third fund
Jackson Square Ventures	San Francisco, CA	$193M	Third VC fund
KPS Capital Partners	New York, NY	$7B	Fifth flagship buyout fund,($6B) and debut middle-market buyout fund ($1B)
M13	Los Angeles, CA	$175M	Second fund

Private Equity Investors	Company	Amount	Description
Lovell Minnick Partners	Billhighway	Undisclosed	Troy, MI-based provider of software and payment solutions to membership-based organizations
Whitney, Bradley & Brownn	BRTRC Federal Solutions	Undisclosed	Vienna, VA-based provider of support services to U.S. military and intelligence agencies
The Carlyle Group	Cepsa	Undisclosed	Spanish oil company
GHK Capital Partners	Dura-Supreme	Undisclosed	Howard Lake, MN-based maker of semi-custom and custom cabinetry
Five Elms Capital	FMX	Undisclosed	Columbus, OH-based provider of facilities and maintenance management software
The Carlyle Group	HireVue	Undisclosed	Salt Lake City, UT-based provider of talent assessment and video interviewing software
KKR	Hyperoptic	Undisclosed	British residential gigabit broadband provider
Blue Wolf Capital Partners	Kirlin Design Build	Undisclosed	Rockville, MD-based engineering and construction company focused on large government and private-sector projects
Cornell Capital	Lorom	Undisclosed	Taipei-based specialized cable manufacturing and assembly company
HGGC	Monotype Imaging	$825M	Woburn, MA-based font licensor
Ampersand Capital Partners	New England Peptid	Undisclosed	Gardner, MA-based provider of custom peptides and antibodies to the life sciences market
Lincolnshire Management	Powerhouse	Undisclosed	Crowley, TX-based construction and facilities maintenance company
Baymark Partners	Presidium Network Services	Undisclosed	Lakeland, FL-based IT services provider
Thoma Bravo	Sophos Group	Undisclosed	British cybersecurity company
Cornell Capital	Spectrum Automotive	Undisclosed	Fairfield, NJ-based agent, marketer and administrator of auto finance and insurance products
Revelstoke Capital Partners	The Care Team	Undisclosed	Farmington Hills, MI-based provider of home health and hospice services
Rockbridge Growth Equity	White Glove	Undisclosed	Birmingham, MI-based seminar marketing and planning company
Marlin Equity Partners	Whitlock	Undisclosed	Richmond, VA-based provider of audiovisual and video collaboration solutions

Venture Capital Investors	Company	Amount	Description
Accelled, Salesforce Ventures	Algolia	$110M	San Francisco, CA-based search-as-a-service startup
Bond, General Catalyst, Bessemer Venture Partners, Blackbird, Sequoia China	Canva	$85M	Australian design software company
Prelude Ventures, Innovation Endeavors, Moore Strategic Ventures, Next47	Citrine	$20M	Redwood City, CA-based materials data and AI platform
Tiger Global, Sequoia India	CleverTap	$35M	Mountain View, CA-based mobile marketing and customer analytics platform
Novo Holdings, Venrock, DROIA Oncology Ventures, Osage University Partners, Lightstone Ventures, Celgene	Cyteir Therapeutics	$40.2M	Lexington, MA-based cancer therapy startup
Union Grove Venture Partners, Ajax Strategies, Crosslink Capital, March Capital Partners	Descartes Labs	$20M	Santa Fe, NM-based satellite imagery analytics startup
Edison Partners, Allos Ventures, Cultivation Capital	Emplify	$15M	Indianapolis, IN-based employee engagement improvement startup
The Chernin Group	Exploding Kittens	$30M	Los Angeles, CA-based maker of card games
e.ventures, Evolv Ventures, Poseidon	Flowhub	$23M	Denver, CO-based provider of cannabis retail management software
Accel	Galileo Financial	$77M	Salt Lake City, UT-based provider of backend software for fintech companies
Foundry Group, Lerer Hippeau, Kickstart Ventures, Gingerbread Capital	Havenly	$32M	Denver, CO-based interior design platform
H.I.G Growth, Upfront Ventures, Accel, Morgan Stanley	Invoca	$56M	Santa Barbara, CA-based provider of call tracking and conversational analytics software
Tiger Global	Lattice	$25M	San Francisco, CA-based employee management platform
Walmart, Hut 8 Ventures, Lennar	Level Home	$71M	Redwood City, CA-based smart-lock developer
White Star Capital, FirstMark Capital, Amplo, Alpha Edison Partners, Arkitekt Ventures, Galaxy Digital	Parsley Health	$26M	New York, NY-based personalized holistic health services startup
Sapphire Ventures, General Atlantic, Tiger Global, Battery Ventures, Meritech Capital, FirstMark, Geodesic Capital, Cross Creek	Pendo	$100M	Raleigh, NC-based customer analytics platform
HP Enterprise, Lightspeed Venture Partners	Pensando	$145M	San Jose, CA-based developer of new edge services models of enterprise and cloud computing
Contour Venture Partners, Core Capital Partners	Radius Networks	$15M	Washington, DC-based provider of physical customer traffic analytics
IAC, Slow Ventures, AXA Venture Partners, Open Ocean	Thimble	$22M	New York, NY-based provider of short-term insurance to small businesses and freelancers
DBL Partners	Wheels	$50M	Los Angeles, CA-based dockless e-bike rental company

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