Monthly Archives: May 2024

The Scherzer Deal Report: May 20-24, 2024

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

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

Fundraising for PE & VC Funds

Alcazar Energy
$490M
Second fund

Carlyle
$2.8B
Fifth Japan-focused buyout fund

Contour Venture Partners
$42M
Fifth fund

Eir Partners Capital
$496M
Second fund

Entrepreneurial Equity Partners
$546M
Second fund

Paceline Equity Partners
$780M
Second fund

Peterson Partners
$265M
10th PE fund

RedBird Capital Partners
$5.3B
Fourth flagship fund ($3.9B) and its next RedBird IMI fund ($1.4B)

Riata Capital Group
$285M
Second fund

Valar Ventures
$300M
Ninth fund

Private Equity Deals

InTandem Capital
Adams Clinical
Undisclosed amount
Watertown, MA-based clinical trial sites network

Vitruvian Partners
Aduro Advisors
Undisclosed amount
Denver, CO-based fund administrator for VC and PE firms

Kinderhook Industries
Apex Waste Solutions
Undisclosed amount
Colorado Springs, CO-based materials management company

Renovus Capital Partners
Case Work
Undisclosed amount
Austin, TX-based legal services provider

Encore Consumer
Capital Chalet Desserts
Undisclosed amount
Sacramento, CA-based maker of frozen bakery desserts and baked good inclusions

The Riverside Company
CRIO
Undisclosed amount
Boston, MA-based provider of e-clinical software

BV Investment Partners
CyberSheath
Undisclosed amount
Reston, VA-based IT services provider for companies in the defense industrial sector

Macquarie Capital
Earth Resources Technology
Undisclosed amount
Laurel, MD-based data systems and technology company that provides services to federal agencies

Nexa Equity
Easy Metrics
$31M
Bellevue, WA-based warehouse and factory labor analytics company

Core Industrial Partners
Fathom Digital Manufacturing
Undisclosed amount
Hartland, WI-based 3D printing firm

Blue Point Capital Partners
National Safety Apparel
Undisclosed amount
Cleveland, OH-based maker of personal protective equipment for the electrical, industrial and service markets

Motive Ventures,Hamilton Lane, and S&P Global
Novata
Undisclosed amount
New York, NY-based provider of sustainability solutions for private markets

KPS Capital Partners
Primient
Undisclosed amount
Decatur, IL-based maker of plant-based food and industrial ingredient

Forward Consumer Partners
Xochitl
Undisclosed amount
Irving, TX-based maker of tortilla chips and salsas

Goldman Sachs Alternatives
Xpress Wellness
Undisclosed amount
Oklahoma City, OK-based provider of health care services to underserved communities and nursing home residents across Oklahoma, Kansas, and Texas

Venture Capital Deals

InTandem Capital
Adams Clinical
Undisclosed amount
Watertown, MA-based clinical trial sites network

Vitruvian Partners
Aduro Advisors
Undisclosed amount
Denver, CO-based fund administrator for VC and PE firms

Kinderhook Industries
Apex Waste Solutions
Undisclosed amount
Colorado Springs, CO-based materials management company

Renovus Capital Partners
Case Work
Undisclosed amount
Austin, TX-based legal services provider

Encore Consumer
Capital Chalet Desserts
Undisclosed amount
Sacramento, CA-based maker of frozen bakery desserts and baked good inclusions

The Riverside Company
CRIO
Undisclosed amount
Boston, MA-based provider of e-clinical software

BV Investment Partners
CyberSheath
Undisclosed amount
Reston, VA-based IT services provider for companies in the defense industrial sector

Macquarie Capital
Earth Resources Technology
Undisclosed amount
Laurel, MD-based data systems and technology company that provides services to federal agencies

Nexa Equity
Easy Metrics
$31M
Bellevue, WA-based warehouse and factory labor analytics company

Core Industrial Partners
Fathom Digital Manufacturing
Undisclosed amount
Hartland, WI-based 3D printing firm

Blue Point Capital Partners
National Safety Apparel
Undisclosed amount
Cleveland, OH-based maker of personal protective equipment for the electrical, industrial and service markets

Motive Ventures,Hamilton Lane, and S&P Global
Novata
Undisclosed amount
New York, NY-based provider of sustainability solutions for private markets

KPS Capital Partners
Primient
Undisclosed amount
Decatur, IL-based maker of plant-based food and industrial ingredient

Forward Consumer Partners
Xochitl
Undisclosed amount
Irving, TX-based maker of tortilla chips and salsas

Goldman Sachs Alternatives
Xpress Wellness
Undisclosed amount
Oklahoma City, OK-based provider of health care services to underserved communities and nursing home residents across Oklahoma, Kansas, and Texas

May 29th, 2024|Scherzer Deal Report|

The Scherzer Deal Report: May 13-17, 2024

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

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

Fundraising for PE & VC Funds

Accel
$650M
Eighth Europe-focused VC fund

Accion
$152.5M
New fund focused on emerging market financial institutions

NewVale Capital
$167M
Debut fund

Peakbridge
$187M
Second growth fund

Sands Capital
$555M
Third life sciences fund

Starshot Capital
$35M
Debut fund

Private Equity Deals

Brightstar Capital Partners
AGS
Undisclosed amount
Las Vegas, NV-based provider of gaming equipment like slot machines

Attain Capital
Excella
Undisclosed amount
Arlington, VA-based IT consultancy

ArcLight Capital Partners
Gulf Coast Express Pipeline
Undisclosed amount
Houston, TX-based natural gas pipeline in the Permian Basin

Mill Point Capital
iQor
Undisclosed amount
Fort Lauderdale, FL-based provider of business process outsourcing solutions

FalconPoint Partners
Jennmar
Undisclosed amount
Pittsburgh, PA-based provider of ground control products for civil infrastructure and other end markets

Watermill Group
Musser Lumber Company
Undisclosed amount
Rural Retreat, VA-based maker of dried hardwood fiber

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

Venture Capital Deals

Goldman Sachs Alternatives, Eli Lilly, Vivo Capital, RA Capital Management, Point72, EcoR1 Capital, Boxer Capital, Schrödinger, and Inning One Ventures
Ajax Therapeutics
$95M
New York, NY-based blood cancer biotech

Tiger Global, NextEquity Partners, Geodesic Capital, Dallas VC, Sequoia Capital, Kleiner Perkins, and Koch Disruptive Technologies
Alkira
$100M
San Jose, CA-based cloud connectivity company

Wellington Management, G2 Venture Partners, Triangle Peak Partners, Standard Investments, Osage University Partners, and JobsOhio Growth Capital Fund
AssetWatch
$38M
Westerville, OH-based asset monitoring and predictive maintenance firm

Nat Friedman, Daniel Gross, Spark Capital, Quiet Capital, and Patrick and John Collison
Bot Co.
$150M
Scottsdale, AZ-based robotics startup

Schooner Capital, SV Health Investors, Sparta Group, Excelestar Ventures, PV Capital Management, and Catalyst Health Ventures
Brixton Biosciences
$33M
Cambridge, MA-based developer of therapies for chronic and acute pain

XYZ Venture Capital, Addition, Narya Capital, Susa Ventures, and Maverick Ventures
Chapter
$50M
New York, NY-based medicare navigation platform

Spark Capital, Dawn Capital, King River Capital, and G Squared
Cover Genius
$80M
New York, NY-based embedded insurance startup.

General Catalyst, Forerunner Ventures, and 1984
Fay
$25M
San Francisco, CA-based platform that helps dieticians launch insurance-covered practices

Radian Group
FinLocker
$17M
St. Louis, MO-based white-label financial fitness app

SaaStr, Alven, Horsley Bridge, Amplify, Shopify, Sapphire, CRV, and Transpose Platform
Gorgias
$29M
San Francisco, CA-based customer service platform for e-commerce brands

Radical Ventures
Nabla Bio
$26M
Cambridge, MA-based generative protein design startup

ABB, GS Energy, Clean Energy Ventures, and Engie New Ventures
Ndustrial
$18.5M
Raleigh, NC-based industrial energy data provider

Elephant
PayHOA
$27.5M
Lexington, KY-based provider of homeowner’s association management software

Iconiq Growth, KKR, and L Catterton
Restaurant365
$175M
Irvine, CA-based provider of restaurant management software

Transformation Capital
SmarterDx
$50M
New York, NY-based revenue cycle management company

Left Lane Capital
Steno
$46M
Los Angeles, CA-based provider of legal support and court reporting service

Aflac
Tree Line Capital Partners
c. $100M
San Francisco, CA-based lower middle-market direct lender

Accel, CRV, GV, Notable Capital, Bedrock, Geodesic Capital, Tiger Global, 8VC, and SV Angel
Vercel
$250M
Covina, CA-based front-end cloud development platform

Bessemer Venture Partners, Tru Arrow Partners, Drive Capital, Top Harvest Capital, Shasta Ventures, and ID Ventures
Voxel51
$30M
Ann Arbor, MI-based visual AI startup

Valor Equity Partners, Nvidia, Norwest Venture Partners, Micron Ventures, Qualcomm Ventures, and Hitachi Ventures
Weka
$140M
Campbell, CA-based data platform

Valo Ventures, VoLo Earth Ventures, B Current Impact Investment, MIH Capital, and Thin Line Capital
XGS Energy
$20M
Palo Alto, CA-based geothermal energy tech developer

FPV Ventures
Yendo
$15M
Dallas, TX-based provider of vehicle-secured credit cards

May 22nd, 2024|Scherzer Deal Report|

The Scherzer Deal Report: May 6-10, 2024

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

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

Fundraising for PE & VC Funds

97212 Ventures
$20M
Debut fund

Avenue Capital Group
$1B+
Fifth Europe special situations fund

EnCap
$1.5B
Second energy transition fund

Iconiq Growth
$5.75B
Two new funds

Palm Beach Capital
$350M
Sixth fund

Rev1 Ventures
$6M
Seed and pre-seed fund focused on Central Ohio startups

Silver Lake
$20.5B
Seventh flagship fund

TPG
$5.3B
Eighth Asia private equity fund

Vance Street Capital
$775M
Fourth fund

Private Equity Deals

Thomas H. Lee Partners
Agiliti
$2.5B
Minneapolis, MN-based provider of health care tech management and services

Global Infrastructure Partners and CPP Investments
Allete
Undisclosed amount
Duluth, MN-based utility

Basalt Infrastructure Partners
EnviroSpark
$50M
Atlanta, GA-based EV charging company

MAI Capital Management
Harbor Wealth Management
Undisclosed amount
Boulder, CO-based wealth management firm

L2 Capital
Kosmos Q
Undisclosed amount
Devon, PA-based brand of barbecue rubs and sauces

TPG Rise Climate
Olympus Terminals
Undisclosed amount
Long Beach, CA-based renewable fuels storage provider

EQT Partners
Perficient
Undisclosed amount
St. Louis, MO-based digital consultancy

Wynnchurch Capital
Reagent Chemical & Research
Undisclosed amount
Ringoes, NJ-based distributor of hydrochloric acid

Bain Capital
Sikich
$250M
Chicago, IL-based accounting firm

Monomoy Capital Partners
Southern Exteriors
Undisclosed amount
Jackson, GA-based installer of exterior building solutions in the southeastern United States

Clearlake Capital and Francisco Partners
Synopsys
Undisclosed amount
Sunnyvale, CA-based software integrity unit 

Venture Capital Deals

Liberty Global, Shield Capital, and GP Ventures
Anetac
$16M
Los Altos, CA-based identity and security platform

Dragonfly Capital, Room40 Ventures, Selini Capital, Breed VC, FalconX, and Circle Ventures
Arbelos Markets
$28M
New York, NY-based liquidity provider for crypto derivatives markets

Breakthrough Energy Ventures, Grantham Foundation, AgriZeroNZ, Rabo Ventures, Overview Capital, and The51 Food & AgTech Fund
ArkeaBio
$26.5M
Boston, MA-based developer of a vaccine to reduce livestock methane emissions

Goldman Sachs Alternatives, Cormorant Asset Management, Nextech Ventures, Redmile Group, EcoR1 Capital, Marshall Wace, Logos Capital, Frazier Life Sciences, venBio, and Illumina Ventures
Attovia
$105M
Fremont, CA-based biotech focused on immunology and inflammation

Frazier Life Sciences, RA Capital Management, T. Rowe Price, Wellington Management, Novo Holdings, RiverVest Venture Partners, Octagon Capital, Arkin Bio Ventures, HBM Healthcare Investments, and Unicorn Capital
Bluejay Therapeutics
182M
San Mateo, CA-based biotech whose lead candidate is focused on chronic hepatitis D

Ten Coves Capital, Ankona Capital, Pelion Venture Partners, Tenaya Capital, and NewView Capital
Canopy
$35M
Draper, UT-based provider of accounting software

Touring Capital, Morgan Stanley, Nexus Venture Partners
Daloopa
$18M
New York, NY-based fundamental and historical data provider

Felicis, Radical Ventures, Amplify Partners, Elad Gil, M12, and the Amazon Alexa Fund
DatologyAI
$46M
Menlo Park, CA-based platform for automated data curation.

GV, Nextech Invest, Polaris Innovation Fund, and Alexandria Venture Investments
Delphia Therapeutics
$67M
Cambridge, MA-based cancer biotech

Zeev Ventures, Arkin Holdings, Launchbay Capital, Ibex Investors, Phoenix Insurance, and IT-Farm
Honeycomb
$36M
Chicago, IL-based digital insurer

Ingersoll Rand, Stratasys, Future Labs Capital, GC Ventures America, iGlobe Partners, Ocado, Phoenix Venture Partners and Zeon Ventures
Inkbit
$19M
Medford, MA-based additive manufacturing startup

Riverwood Capital, Norwest Venture Partners, Stripes Group, Webb Investment Network, and XYZ
Legion Technologies
$50M
Santa Clara, CA-based provider of workforce management software

Bosch Ventures, Khosla Ventures, LG Tech Ventures, Formosa Smart Energy Tech, Anglo American, Chevron Technology Ventures, Shell Ventures and Myriad Ventures
Li Industries
$36M
Pineville, NC-based battery recycling startup.

Grosvenor Food & AgTech, Prelude Ventures, BOND, Revolution Growth, and Congruent
Meati Foods
$100M
Boulder, CO-based maker of mushroom-based foods.

NFX, Grove Ventures, Secret Chord Ventures, Ronald Cohen, and Unbox Ventures
Opmed.ai
$15M
Boston, MA-based provider of operating room workflow software

Artis Ventures, Wing VC, Fusion Fund, OMX Ventures, Alexandria Venture Investments, Gaingels, Civilization Ventures, Hawktail, and Cancer Research Institute
OverT Bio
$16M
New York, NY-based developer of cell therapies for solid tumors

Flagship Pioneering
Prologue Medicines
$50M
Cambridge, MA-based drug developer focused on the viral proteome

Khosla Ventures, World Innovation Lab, Artis Ventures, OCV Partners, Kickstart Fund, and Gradient Ventures
Rad AI
$50M
San Francisco, CA-based provider of AI-guided tools for radiologists

Intel Capital and Dell Technologies Capital
RunPod
$20M
Dover, DE-based AI dev platform

B Capital, Allos Ventures, First Trust Capital Partners, and Rock River Capital
Sift Healthcare
$20M
Milwaukee, WI-based revenue cycle management software provider

Lightspeed, Nexus Venture Partners, General Catalyst, and YC
Triomics
$15M
San Francisco, CA-based provider of workflow software for oncologic clinical trials

Level One Fund, Horizons Ventures, SOSV, Collaborative Fund, and Nimble Partners
Voyage Foods
$52M
Oakland, CA-based maker of cocoa-free chocolate

A16z, Lightspeed, Thrive Capital, Greylock, Wellington Management, Cyberstarts, Greenoaks, Howard Schultz, Index Ventures, Salesforce Ventures, and Sequoia Capital
Wiz
$1B
New York, NY-based cloud security firm

Obvious Ventures, Clearvision Ventures, Munich Re Ventures, Union Square Ventures, Lowercarbon Capital, Safar Partners, and First Star Ventures
Zanskar
$30M
Salt Lake City, UT-based geothermal exploration company

May 15th, 2024|Scherzer Deal Report|

The Scherzer Deal Report: April 29-May 3, 2024

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

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

Fundraising for PE & VC Funds

BlackRock
$5B
New fund with a Riyadh-based investment team

Hyde Park Venture Partners
$98M
Fourth fund

Latticework
$345M
Second fund

Private Equity Deals

Accel-KKR
Accertify
Undisclosed amount
Itasca, IL-based provider of fraud prevention solutions

Riverspan Partners
Barretts Minerals
$32M
Mount Vernon, IN-based talc supplier

KKR and Veritas
Cotiviti
Undisclosed amount
South Jordan, UT-based health analytics firm

TA Associates and LLR Partners
Edmunds GovTech
Undisclosed amount
Northfield, NJ-based provider of ERP software to local governments

Kain Capital
Essen Health Care
Undisclosed amount
Bronx, NY-based operator of medical clinics in the Bronx with over 450 practitioners

Tailwind Capital
GrayMatter
Undisclosed amount
Pittsburgh, PA-based provider of technical engineering services for automation-related issues

Maximum Effort Investments
Homage
Undisclosed amount
Columbus, OH-based provider of vintage-inspired sports and licensed apparel

Rosemont
Northside Capital Management
Undisclosed amount
Hood River, OR-based outsourced investment manager for ultra-high net worth families

Breck Partners
NPX One
Undisclosed amount
Reading, PA-based maker of polystyrene trays for fresh protein

Council Capital
OccMD
Undisclosed amount
Dallas, TX-based occupational injury medical management company

Generate Capital, Healthcare of Ontario Pension Plan, and HESTA
Pine Gate Renewables
$650M
Asheville, NC-based clean energy project owner and operator

Shore Capital Partners
PRO-spectus
Undisclosed amount
Huntington Beach, CA-based provider of market access consulting and patient services

Forest Road Asset Management, Liberty Global, Wildcat Capital Management, and Playground Productions
Range Media Partners
Undisclosed amount
Santa Monica, CA-based entertainment talent agency

WindRose Health Investors
SubjectWell
Undisclosed amount
Austin, TX-based clinical trial marketplace

H.I.G. Capital
USA DeBusk
Undisclosed amount
Deer Park, TX-based provider of industrial cleaning and infrastructure services

Charger Investment Partners
Wolf-Gordon
Undisclosed amount
New York, NY-based maker of interior surface products

Venture Capital Deals

Perceptive Advisors, Pillar VC, 380 Cap, and Accanto Partners
Adaptilens
$17.5M
Boston, MA-based maker of an intraocular lens to correct vision.

Lightrock, Lightsmith Group, Duke Energy, Sabanci Ventures, Marubeni, National Grid, Edison International, SE Ventures, G2 Venture Partners, Benhamou Global Ventures, and Shell Ventures
AiDash
$58.5M
San Jose, CA-based provider of wildfire risk software for utilities

Quiet Capital, Healthier Capital, Baszucki Group, Mike Volpi, Bling Capital, 8VC, Virtue, and Able Partners
Amae Health
$15M
San Francisco, CA-based provider of care for severe mental health illnesses

Giant Ventures, Opera Tech Ventures, and Mubadala Capital
Arbol
$60M
New York, NY-based climate insurance startup

FirstMark Capital, Vertical Venture Partners, LiveOak Venture Partners, Revel Partners, ECMC, and Crow Holdings
Backflip
$15M
Dallas, TX-based platform for acquiring and renovating single-family homes.

NEA, Lightspeed, and Sapphire Sport
Beehiiv
$33M
New York, NY-based newsletter platform founded by Morning Brew vets.

Accel, Cisco, and CrowdStrike
Corelight
$150M
San Francisco, CA-based provider of open network detection and response solutions.

Coatue, Magnetar, Altimeter Capital, Fidelity, and Lykos Global Management
CoreWeave
$1.1B
Roseland, NJ-based cloud computing platform

Insight Partners
Elisity
$37M
San Jose, CA-based provider of identity-based network micro segmentation.

JPMorgan Asset Management, Frazier Life Sciences, Avalon Ventures, Lightspeed Venture Partners, Samsara BioCapital, Amgen Ventures, Regeneron Ventures, Bregua Corp., Pappas Capital, and Alexandria Venture Investments
Enlaza Therapeutics
$100M
La Jolla, CA-based covalent biologic platform

7wire Ventures and Elevance Health
GroundGame.Health
$17M
Tampa, FL-based startup linking community-based organizations with health plans and providers.

Hamilton Ventures
Inhabitr
$27M
San Francisco, CA-based commercial real estate furnishing platform

Coatue and Sequoia Capital
Island
$175M
Dallas, TX-based provider of secure enterprise browsers

Khosla Ventures, 5AM Ventures, Gilde Healthcare, SoftBank, General Catalyst, HBM Healthcare Investments, Blue Water Life Sciences, Innovation Endeavors, and Waycross Ventures
Karius
$100M
Redwood City, CA-based provider of blood-testing for infectious disease

AMD Ventures, First Round Capital, Amplify Partners, Andrew Ng, Dylan Field, Drew Houston, Andrej Karpathy, and Bernard Arnault
Lamini
$25M
Palo Alto, CA-based enterprise platform for deploying gen AI.

Catalus Capital and Saft
LiNova Energy
$15.8M
Monrovia, CA-based developer of polymer cathodes for batteries

Friends & Family Capital, Fifth Down Capital, Goldcrest Capital, Craft Ventures, and Godfrey Capital
Peregrine
$30M
San Francisco, CA-based data integration platform for state and local governments

Ivanhoe Capital and Wilson Sonsini
Pure Lithium
$15M
Boston, MA-based developer of lithium extraction tech

BlackRock, Hamilton Lane, ParaFi Capital, and Tradeweb Markets
Securitize
$47M
Miami, FL-based platform for tokenizing real-world assets.

Maverick Capital and Translink Capital
Thintronics
$23M
Berkeley, CA-based maker of insulators for electronic applications

IVP, Citi Ventures, Geodesic Capital, Sorenson Capital, and Unusual Ventures
Traceable AI
$30M
San Francisco, CA-based API security startup

General Catalyst, 7wireVentures, Geodesic Capital, Memorial Hermann Health System, Threshold Ventures, Kinnevik, Ally Bridge Group, Human Capital, Merck Global Health Innovation Fund, Alta Partners, and Leaps by Bayer
Transcarent
$126M
San Francisco, CA-based health care navigation company

Oak HC/FT
Trovo Health
$15M
New York , NY-based AI workflow tool for health care practitioners

Iconiq Growth, Granite Capital Management, Adams Street Partners, and Sound Ventures
Truist
$169M
Culver City, CA-based custodian for RIAs

May 8th, 2024|Scherzer Deal Report|

The Scherzer Deal Report: April 22-26, 2024

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

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

Fundraising for PE & VC Funds

Decarbonization Partners
$1.4B
Debut fund

Eniac Ventures
$220M
Sixth seed fund ($160M) and a new select fund ($60M)

GEF Capital Partners
$325M
Second fund

Mercer
$3.9B
Seventh private markets fund

Norwest Venture Partners
$3B
17th fund

Vestar Capital Partners 
$1.2B
Single-asset continuation fund

Private Equity Deals

GTCR
AssetMark
Undisclosed amount
Concord, CA-based wealth management technology platform for financial advisors

Gamut Capital Management
DEX Imaging
Undisclosed amount
Tampa, FL-based provider of managed print services

Apax Digital
IANS
Undisclosed amount
Boston, MA-based provider of research and advisory services for the infosec market.

Arcline Investment Management
Kaman
Undisclosed amount
Bloomfield, CT-based aerospace and defense firm

Serent Capital
Medical Informatics Engineering
Undisclosed amount
Fort Wayne, IN-based developer of EHR and health IT software

Shoreline Equity Partners
Prime Meats
Undisclosed amount
Jacksonville, FL-based protein processor and distributor.

Granite Creek Capital Partners and Boathouse Capital
The District Communications Group
Undisclosed amount
Washington, DC-based provider of market research and communications services to federal government clients.

Century Park Capital Partners
Total Access Elevator
Undisclosed amount
Santa Fe Springs, CA-based commercial elevator modernization, maintenance, and repair services

Blackstone
Tropical Smoothie Café 
Undisclosed amount
Atlanta, GA-based restaurant chain

Apollo Global Management
US Silica
Undisclosed amount
Katy, TX-based frack-sand provider.

The Stephens Group
VisionSafe
Undisclosed amount
Kaneohe, HI-based provider aircraft cockpit smoke displacement systems

Incline Equity Partners
VMG Health
Undisclosed amount
Dallas, TX-based compliance, strategy and advisory firm

Arch Venture Partners, Foresite Capital, F-Prime, NEA, Sequoia Capital, Lux Capital, Lightspeed Venture Partners, Menlo Ventures, Two Sigma Ventures, the Parker Institute for Cancer Immunotherapy, Byers Capital, Rsquared, and SV Angel
Xaira Therapeutics
Undisclosed amount
San Francisco, CA-based AI drug discovery startup

Venture Capital Deals

City of Hope
AccessHope
$33M
Duarte, CA-based cancer care startup

Sutter Hill Ventures, Index Ventures, Innovation Endeavors, Lightspeed Venture Partners, and Meritech Capital
Augment
$252M
Palo Alto, CA-based AI coding assistance startup

Agent Capital, Bioluminescence Ventures, and Double Point Ventures
Cerevance
$47M
Boston, MA-based developer of Parkinson’s disease therapies

Ibex Investors
Chemix
$20M
Sunnyvale, CA-based AI EV battery startup

AyurMaya, Fidelity, Invus, SymBiosis Capital Management, Velocity Capital, and Woodline Partners
Endeavor BioMedicines
$132.5M
San Diego, CA-based biotech focused on fibrosis

a16z, Atomic, and Sam Altman
Exowatt
$20M
Miami, FL-based modular energy platform for data centers

Bessemer Venture Partners
Givebutter
$50M
Austin, TX-based nonprofit fundraising and CRM platform

Vensana Capital, Treo Ventures, and Hatteras Venture Partners
iVEAcare
$27.5M
Minneapolis, MN-based developer of neuromodulation devices

Deerfield Management, Endeavor Health, Kleiner Perkins, Sandbox Industries, BlueCross BlueShield Venture Partners, and JD
Linx Lumeris
$100M
St. Louis, MO-based value-based care enabler.

Emerson Collective and GV
Midi Health
$60M
Menlo Park, CA-based virtual menopause care provider.

Polychain Capital, Hack VC, Placeholder, Archetype, Maven 11, Robot Ventures, Figment Capital, Nomad Capital, Bankless Ventures, OKX Ventures, dao5, and Aptos Labs
Movement Labs
$38M
San Francisco, CA-based Layer 2 blockchain development firm

Lachy Groom and Tola Capital
Nooks
$15M
Oakton, VA-based prospecting platform for outbound sales team

Catalio Capital Management, The Production Board, Mountain Group Partners, Byers Capital, and Mayo Clinic
PinkDx
$40M
Daly City, CA-based women’s health startup initially focused on diagnosing gynecological cancer.

Vy Capital, Founders Fund, A* Capital, and Afore Capital
Pomelo
$35M
San Francisco, CA-based international money transfer startup

Coatue, Dragoneer, Founders Fund, and Greenoaks
Rippling
$200M
San Francisco, CA-based employee onboarding company

Khosla Ventures, Ahern Innovation Capital, Hevolution, R42, Modi Ventures, Cerigo Investments, Shanda Group, Refactor Capital, LongeVC, and Italian Angels for Growth
Rubedo Life Sciences
$40M
Sunnyvale, CA-based developer of therapies targeting senescent cells that cause chronic atopic dermatitis and chronic psoriasis.

Index Ventures, Decibel Partners, and Slow Ventures
Sublime Security
$20M
Washington, DC-based email security platform

General Atlantic, StepStone Group, and D.E. Shaw
ThreatLocker
$115M
Orlando, FL-based endpoint security company

Lightspeed Faction, Galaxy Ventures, Sequoia Capital, Coinbase Ventures, Alchemy, Figment Capital, and Mirana Ventures
Turnkey
$15M
New York, NY-based provider of wallet infrastructure for crypto developers

KarpReilly, The Family Fund, Grey Space Group, Jack Harlow and Machine Gun Kelly
Wilde Brands
$20M
Nashville, TN-based maker of snack chips from chicken breasts

May 1st, 2024|Scherzer Deal Report|
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