The Scherzer Deal Report: June 17-21, 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

Charlesbank Capital Partners
$1.3B
Second tech opportunities fund

Kinderhook Industries
$2.75B
Eighth fund

Paradigm
$850M
Third fund

Refactor Capital
$50M
Fourth fund

The Engine
$398M
Third fund

Private Equity Deals

Everlane Equity Partners
Carey & Co.
Undisclosed amount
New York, NY-based provider of professional services to nonprofits

Advent International and Abu Dhabi Investment Authority
Fisher Investments
Undisclosed amount
Plano, TX-based money management firm

Antin Infrastructure Partners
GTL Leasing
Undisclosed amount
Tulsa, OK-based lessor of gaseous hydrogen transportation and storage equipment

H.I.G. Capital
Health-E Commerce
Undisclosed amount
New York, NY-based FSA and HSA marketplace

Stellex Capital Management
J. Skinner Baking
Undisclosed amount
Omaha, NE-based maker of artisan baked goods

Blue Sage Capital One
Source Flooring and Solutions
Undisclosed amount
Atlanta, GA-based provider of flooring products and installation services

Trive Capital and Bluejay Capital Partners
RPM Fright Systems
Undisclosed amount
Royal Oak, MI-based finished vehicle logistics provider

Tiger Infrastructure Partners
Unison Energy
Undisclosed amount
Greenwich, CT-based energy-as-a-service platform

Venture Capital Deals

Crosslink Capital and Anthemis
Amplify Life Insurance
$20M
San Francisco, CA-based life insurance platform

Trousdale Ventures, Development Bank of Japan, Quanta Computer, Kleiner Perkins, Lavrock Ventures, L3Harris Technologies, InMotion Ventures, Matter Venture Partners, MESH Ventures, and Assembly Ventures
CesiumAstro
$65M
Austin, TX developer of space communications tech

Sapphire Ventures and Silversmith Capital Partners
Constructor
$25M
San Francisco, CA-based product discovery and search platform for enterprise e-commerce

Forerunner Ventures, Index Ventures, GV, and True Ventures
Daydream
$50M
San Francisco, CA-based e-commerce platform

Lightspeed, Vesey Ventures, Commerce Ventures, Accel, and Aleph
Finaloop
$35M
Brooklyn, NY-based e-commerce accounting platform

Lanchi Ventures
Genspark
$60M
Palo Alto, CA-based AI search engine startup

Wellington Management, NGP Capital, Euclidean Capital, Advance Venture Partners, SQN Venture Partners, 3M Ventures, B Capital, Bow Capital, Calibrate Ventures, OCA Ventures, and Swift Ventures
GrayMatter
$45M
Gardena, CA-based industrial robotics company

PayPal Ventures, Gradient Ventures, Velvet Sea Ventures, BAG Ventures, and Deciens Capita
Gynger
$20M
New York, NY-based embedded financing platform for technology purchases

Benchmark, Thrive Capital, Bond, and Conviction
HeyGen
$60M
Los Angeles, CA-based AI video generation platform for businesses

Blue Venture Fund, LRVHealth, Optum Ventures, .406 Ventures, Highmark Ventures, and VentureforGood
Humata Health
$25M
Winter Park, FL-based health-care prior authorization startup

Kleiner Perkins, Meritech, and Sapphire Ventures
Huntress
$150M
Columbia, MD-based cybersecurity startup focused on small businesses

Menlo Ventures, Allstate Strategic Ventures, Liberty Mutual Strategic Ventures, Lux Capital, Construct Capital, and Haystack Ventures
Kinetic
$21M
Santa Ana, CA-based digital maintenance and servicing platform for EVs

Conifer Infrastructure Partners, Breakthrough Energy Ventures, Eni Next, Add Ventures by SCG, and Autodesk Foundation
M2X Energy
$40M
Rockledge, FL-based gas-to-methanol startup

Third Rock Ventures, Sofinnova Investments, Forbion, Perceptive Xontogeny Venture Fund, venBio, AlphaWave Global, Omega Funds, and Surveyor Capital
Marea Therapeutics
$190M
South San Francisco, CA-based developer of cardiometabolic medicines

HealthQuest Capital, Adams Street, Icon Ventures, Polaris Partners, .406 Ventures, and RRE Ventures
Nomad Health
$22M
New York, NY-based health care staffing and travel nurse company

Andreessen Horowitz, First Round Capital, Stripes, BoxGroup, Operator Partners, and SV Angel
Pomelo Care
$46M
Jersey City, NJ-based virtual maternal care provider

Samsung, Helium-3 Ventures, Honda Motor, LKQ, SCG, Traxys, and Wistron
Princeton NuEnergy
$30M
Bordentown, NJ-based direct recycler

Innovius Capital
SewerAI
$15M
Walnut Creek, CA-based sewer inspection startup

Buckley Ventures, OpenAI Startup Fund, Khosla Ventures, Paul Graham, and Jeff Weiner
Speak
$20M
San Francisco, CA-based language-learning app

Andreessen Horowitz and Perceptive Advisors
Talkiatry
$130M
New York, NY-based psychiatric care startup

Tiger Global Management, Proficio Capital Partners, and Impulse
Vecna Robotics
$40M
Waltham, MA-based maker of autonomous warehouse forklifts

Sandbox Industries, Forgepoint Capital, Ardent Venture Partners, and MTech Capital
Verituity
$18.8M
McLean, VA-based payout verification startup

|Scherzer Deal Report|

The Scherzer Deal Report: June 10-14, 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

FFL Partners
Apex Infusion
Undisclosed amount
Signal Hill, CA-based provider of ambulatory infusion therapy services

Ardian
CampusParc
Undisclosed amount
Columbus, OH-based concessionaire managing parking facilities at Ohio State’s flagship campus

Blackford Capital
Eight12
Undisclosed amount
Aliso Viejo, CA-based automation and controls engineering firm

Serent Capital
HarperDB
Undisclosed amount
Denver, CO-based distributed systems platform

Great Sum Ventures
Kologik
Undisclosed amount
Baton Rouge, LA-based provider of law enforcement software

KKR
Quick Quack
Undisclosed amoun
tRoseville, CA-based car wash operator

Leonard Green Partners and Francisco Partners
RedSail Technologies
Undisclosed amount
Spartanburg, SC-based pharmacy software provider

Atlantic Street Capital
Zips Car Wash
$70M
Little Rock, AR-based operator of over 270 car wash locations in 20+ states

Clearhaven Partners
Zixi
Undisclosed amount
Waltham, MA-based software-defined video platform

Private Equity Deals

Alerce Medical Technology Partners
Alzheon
$100M
Framingham, MA-based drugmaker focused on Alzheimer’s disease

NEA, Neo, and Sequoia Capital
Anterior
$20M
New York, NY-based health insurance approval expeditor

XYZ VC, CRV, Upfront Ventures, 8VC, Toyota Ventures, Point72 Ventures, Mirae Asset Capital, Outsiders Fund, GSBackers, a16z, Shield Capital, J2 Ventures, Ravelin, Baiju Bhatt, and Avalon Capital Group
Apex
$95M
Culver City, CA-based satellite bus maker

Jeisys Medical and Catalio Capital
Avava
$35M
Waltham, MA-based medical aesthetics company

GM
Cruise
$850M
San Francisco, CA-based robotaxi and self-driving business

Adams Street Partners, Khosla Ventures, Redpoint Ventures, Costanoa Ventures, Vertex Ventures, Crane Venture Partners, and Wing VC
Cyberhaven
$88M
San Jose, CA-based data security startup

Innovation Endeavors
ElectronX
$15M
Chicago, IL-based energy exchange focused on grid transition

Microsoft, The Nature Conservancy, Premji Invest, Lingotto Investment Fund, Kinnevik, True Ventures, FPV, Level Ventures, and Jazz Venture Partners
Enveda
$55M
Boulder, CO-based drug discovery startup that focuses on medicinal plants

Nyca Partners, RPM Ventures, Streamlined Ventures, Expa Ventures, Activant Capital, Colle Capital, and Frontier VC
Findigs
$27M
New York, NY-based rental screening startup

Westly Group, Norwest Venture Partners, Pear VC, and Bull City Venture Partners
Learn to Win
$30M
Redwood City, CA-based provider of enterprise training SaaS

Morgan Stanley Expansion Capital and Bridge Bank
Mad Mobile
$50M
Tampa, FL-based provider of restaurant and retail payment SaaS

G2 Venture Partners, Wind River Ventures, and Sovereign’s Capital
Relay
$35M
Raleigh, NC-based communications platform for frontline workers

Eni and Fontinalis Partners
Swift Solar
$27M
San Carlos, CA-based solar manufacturer

Venture Capital Deals

Iconiq Growth, Atreides Management, Stepstone Group, Redpoint Ventures, Benchmark Capital, and Artisanal Ventures
AcuityMD
$45M
Boston, MA-based targeting platform for medical device companies

Founders Fund, DragonFly Capital, Cyber Fund, SevenX, Figment, Nomad Capital, LocalGlobe, Altos Ventures, Chapter One, Superscrypt, Foresight Ventures, Mirana Ventures, KR1, RW3 Ventures, Alliance Dao, Hashkey, Elixir Capital, and Spark Digital Capital
Avail
$43M
Chicago, IL-based modular blockchain startup

Databricks Ventures, Decibel, Bain Capital Ventures, Eniac Ventures, and 645 Ventures
Cube
$25M
San Francisco, CA-based semantic layer for data apps

Artis Ventures, Highland Capital Partners, NTTVC, and Questa Capital
Eko Health
$41M
Emeryville, CA-based developer of remote heart and lung disease detection tech

Innova Health Partners, Wavemaker Three-Sixty Health, Kimera Limited, Women’s Venture Capital Fund, Golden Seeds, Band of Angels, and Houston Angel Network
Materna Medical
$20M
Mountain View, CA-based developer of women’s pelvic health device.

Fonterra Co-operative Group, Breakthrough Energy Ventures, Mayfield, SOSV, Shorewind Capital, Darco Capital, Conti Ventures, and In-Q-Tel
Prolific Machines
$55M
Emeryville, CA-based protein cell production tech startup that leverages light

Khosla Ventures, General Catalyst, BOND, Founders Fund, and others
Sword Health
$30M
New York, NY-based maker of physical therapy hardware

Theory Ventures
Tobiko
$21.8M
San Mateo, CA-based data transformation startup

NEA, Nventures, Index Ventures, Radical Ventures, WndrCo, and Korea Investment Partners
Twelve Labs
$50M
San Francisco, CA-based AI company focused on video understanding

True Ventures and Prelude Ventures
Understory
$15M
Madison WI-based provider of climate risk-related insurance.

Lobby Capital, The Hive, Future Positive, Common Metal, Jony Ive, Evan Sharp, and Biz Stone
Vantage Discovery
$16M
San Jose, CA-based search and content discovery platform for e-commerce

Arch Venture Partners, NVentures, Menlo Ventures, Madrona, Lifeforce Capital, and Altitude Life Science Ventures
Vilya
$21M
Seattle, WA-based biotech focused on medicines that precisely target disease biology

Breakthrough Energy Ventures, Lowercarbon Capital, Prelude Ventures, Emerson Collective, Gigascale Capital, and Starlight Ventures
Xcimer
$100M
Redwood City, CA-based nuclear fusion startup

|Scherzer Deal Report|

The Scherzer Deal Report: June 3-7, 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

MFG Partners
$300M
Debut fund

StepStone Group
$3.3B
Sixth VC secondaries fund

WndrCo
$460M
New seed and VC funds

Yukon Partners
$765M
Fifth fund

Private Equity Deals

Tenex Capital Management
Behavioral Innovations
Undisclosed amount
Dallas, TX-based operator of 77 therapy centers for children with autism

Providence Equity Partners
Brandt Information Services
Undisclosed amount
Tallahassee, FL-based provider of outdoor recreational tech platforms

New Mountain Capital
Consor
Undisclosed amount
Houston, TX-based provider of transportation and water infrastructure engineering and consulting services

New Mountain Capital
Grant Thornton
Undisclosed amount
Chicago, IL-based auditing firm

Wynnchurch Capital
Hydraulic Technologies
Undisclosed amount
Rockford, IL-based maker of high-pressure hydraulic tools and equipment

Insight Partners
Nexus Cognitive
Undisclosed amount
Addison, TX-based provider of managed services for big data infrastructure

Consortium Brand Partners
Outdoor Voices
Undisclosed amount
New York, NY-based distressed athleisure brand

Bain Capital
PowerSchool
$5.6B
Folsom, CA-based provider of cloud software for K-12 education

Greenbriar Equity Group
Renuity
Undisclosed amount
Coral Gables, FL-based home services platform.

Trilantic North America
SOFIE Biosciences
Undisclosed amount
Dulles, VA-based radiopharmacy and CDMO

TA Associates
Solarity
Undisclosed amount
St. Louis, MO-based provider of automated clinical data processing solutions for acute and ambulatory health-care providers

Greenbriar Equity Group
Sunvair
Undisclosed amount
Valencia, CA-based provider of aircraft MRO services

L Squared Capital Partners
TeachTown
Undisclosed amount
Woburn, MA-based provider of educational solutions for students with moderate to severe learning challenges

Rockbridge Growth Equity
Vici Media
Undisclosed amount
Philadelphia, PA-based provider of white-label digital marketing and advertising solutions