The Scherzer Deal Report: September 19-23, 2022
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 and Lucas and Associates, LLC.
PE and VC Firms
$3.7B
Fund focused on sports, media, and entertainment
$225M
Second early-stage fund
$100M
Debut fund
$2.5B
Third opportunities fund
$252M
Debut special opportunities fund
$150M
Second growth fund
$3B
12th fund-of-funds
$353M
Fifth SBIC fund
$215M
Eighth seed fund and fourth select fund
$500M
Second fund
$1.02B
Third fund
$1.1B
Fifth debt fund
Private Equity Deals
British Columbia Investment Management Corp.
Undisclosed
Columbia, MD-based residential services franchising platform
Acrisure
Undisclosed
Schaumberg, IL-based small business insurer
Atlas Merchant Capital
Undisclosed
Seattle, WA-based midmarket investment bank
Goldman Sachs, Cleanhill Partners
Undisclosed
Poway, CA-based provider of utility-scale inverters.
Norwest Venture Partners
Undisclosed
San Leandro, CA-based acne skincare brand
Runway Growth Capital, Skyview Capital
Undisclosed
Bethesda, MD-based cybersecurity company
Shamrock Capital
Undisclosed
San Francisco, CA-based communications firm for tech and health care companies
Vector Capital
$100M
Santa Clara, CA-based network security company
BlackRock Long Term Private Capital
Undisclosed
Lincoln, NE-based oral surgery and digital dentistry platform
Bregal Sagemount
Undisclosed
Lehi, UT-based provider of solar sales, proposal, and design software
TSG Consumer Partners, Leon Capital Group
Undisclosed
Nashville, TN-based dental support organization
GIC, Oak Street
Undisclosed
Scottsdale, AZ-based net-lease
REITLLR Partners
Undisclosed
Peachtree Corners, GA-based provider of managed mobility services
WindRose Health Investors
Undisclosed
Greenwich, CT-based provider of pharma rebate administration services
Venture Capital Deals
Sixth Street Growth
$200M
Chicago, IL-based employer-of-record platform
Haymaker Ventures
$15M
San Francisco, CA-based maker of cash flow analysis software for small businesses
NIO Capital, BAI Capital, Franklin Templeton, NewView Capital, Acadia Woods Partners
$39M
Boston, MA-based digital chassis company
Andreessen Horowitz
$16M
San Francisco, CA-based flexible office lease startup
Pelion Venture Partners, Crosslink Capital, Anthemis, Trucks VC, FJ Labs, Tribeca Early Stage Partners, Refashiond Ventures
$26M
New York, NY-based fintech platform for freight brokers
Left Lane Capital, Horizon Kinetics, Gaingels, Republic. co
$30M
New York, NY-based blockchain-based diamond commodities trading startup
Alpine Software Group
$20M
Miami, FL-based rental property management software startup
Emergence Capital, Caffeinated Capital, Pear
$15M
San Francisco, CA-based provider of insurance underwriter workflow software
Goldman Sachs, GiantLeap Capital, Intel Capital
$90M
Mountain View, CA-based data security startup
Insight Partners, Future Ventures, Arcadia Investment Partners, Bold Capital Partners, Plum Alley, Myelin VC, TA Ventures, Gaingels, Korify Capital
$17M
New York, NY-based cell engineering startup focused on female reproduction.
Silversmith Capital Partners
$50M
Washington, DC-based fundraising platform for nonprofit educational institutions
Hudson Structured Ventures, Anthemis Group
$15M
Beaverton, OR-based life insurance refinancing startup
John Deere, MS&AD Ventures, Bee Partners, UpWest, TAU Ventures
$16M
David, CA-based agricultural data startup
Volta Energy Technologies, Flag Group
$38M
Denver, CO-based battery performance and safety startup
EQT Ventures, Accel, Menlo Ventures
$36M
New York, NY-based HR data platform
Battery Ventures, Schneider Electric, RXR, Bienville Capital, 8VC, Suffolk Construction, Human Capital, AME, BoxGroup
$39M
San Francisco, CA-based construction materials management platform
Tiger Global, Tusk Venture Partners, Shima Capital, Circle Ventures, Solana Ventures, Polygon Ventures, Avalanche Labs, Galaxy Labs
$15M
New York, NY-based token management platform
Valar Ventures, Heartcore Capital
$30M
Miami, FL-based mobile banking service for migrants
Brevan Howard Digital, Morgan Creek Digital, Samsung Next, FTX Ventures, Point72 Ventures, Kraken Ventures, Uncork Capital, Underscore VC, Galaxy, Coinbase Ventures
$35M
New York, NY-based provider of crypto market intelligence products
US Venture Partners, GPG Ventures, Exceller Hunt Ventures
$73M
Austin, TX-based maker of neurological medical devices
Alpine Space Ventures, Vsquared Ventures, Lavrock Ventures, Airbus Ventures, In-Q-Tel, Pallas Ventures, Techstars Ventures
$28M
Los Angeles, CA-based developer of modular space propulsion systems
Gurnet Point Capital, TechU Ventures, The American Cancer Society
$34.4M
Natick, MA-based biotech focused on early detection of viral-driven cancers.
Centerbridge Partners, Allianz X, White Mountains Insurance Group, Gallatin Point Capital, Greycroft, Acrew Capital
$315M
Washington, DC-based provider workers’ comp insurance to small businesses
RA Capital Management, Bain Capital Life Sciences, BB Biotech AG, Longitude Capital, Medicxi, RxCapital
$132M
Charlottesville, VA-based biotech focused on metabolic disorders.
Andreessen Horowitz, XYZ, Nyca Partners, Sound Ventures, Activant Capital, Visa, Google Ventures, Eric Schmidt, Vikram Pandit, The General Partnership, NAventures, ING Ventures, ConsenSys, Cross River Digital Ventures, Alloy Labs, Uniswap Labs Ventures
$51.5M
Miami, FL-based digital transaction fraud detection startup
Norwest Venture Partners, Alumni Ventures, Companion Fund, Struck Capital, SWS Venture Capital, TTV Capital
$35M
Pasadena, CA-based fintech focused on human and pet health.
Craft Ventures
$21M
San Francisco, CA-based security review platform
ATW Partners, Kleiner Perkins
$71M
Long Beach, CA-based developer of a catapult-style space launch system
BRV Capital Management
$100M
Millbrae, CA-based provider of grocery software
Makers Fund, NEA, a16z
$50M
Los Angeles, CA-based game maker
North Castle Partners, HartBeat Ventures, Rx3 Ventures
$165M
Dallas, TX-based maker of personal massage devices
Madrona, PSL Ventures, Oregon Venture Fund, Elevate Capital, Portland Seed Fund
$15M
Portland, OR-based travel planning and booking platform
Linse Capital, MSD Partners, Sequoia Capital, Next47, Meritech Capital, Felicis Ventures
$205M
San Mateo, CA-based developer of physical security cameras for the enterprise
Arthur Ventures, Peterson Partner
$20M
Salt Lake City, UT-based AI for destination tourism
DCVC, Heritage Group Ventures, Genoa Ventures, Mott Corp., MANN+HUMMEL Corporate Ventures, Burnt Island Ventures, R-Cubed Capital Partners
$33M
Cambridge, MA-based developer of reverse osmosis membrane tech