+1.866.723.2287

Scherzer Deal Report

The Scherzer Deal Report: September 30-October 4, 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

Fidelity
$250M
First dedicated VC fund

Gallant Capital Partners
$406M
Second fund

Monarch Alternative Capital
$4.7B
Sixth opportunistic credit fund

OceanSound Partners
$1.49B
Second fund

Prospect Partners
$225M
Fifth fund

Summit Partners
$9.5B
12th flagship U.S. growth equity fund

Private Equity Deals

Unusual VC, Wing VC, Founder Collective, XFund, and Alt Capital
AirOps
$15.5M
San Francisco, CA-based AI workflow platform

New Era Capital Partners, Mindset Ventures, Redseed Ventures, and Silvertech Ventures
Apono
$15.5M
New York, NY-based provider of cloud access solutions

General Catalyst, Celesta Capital, and Alorica
Crescendo
$50M
San Francisco, CA-based customer experience platform

Eclipse, Taiwania Capital, Qualcomm Ventures, Alter Venture Partners, Nautilus Venture Partners, and Silicon Valley Bank
DataPelago
$47M
Sunnyvale, CA-based data processing startup

Greenoaks
Eon
$77M
New York, NY-based cloud infrastructure backup company

Next47 and Ten Eleven Ventures
Harmonic Security
$17.5M
San Francisco, CA-based zero-touch data protection startup

Founders Fund, Lux Capital, Spring Tide, DCVC, Airbus Ventures, Alumni Ventures, Balerion Space Ventures, RTX Ventures, Tamarack Global, 137 Ventures, Elysium, First Principles Group, Island Green, Overmatch, and Trousdale Ventures
Impulse Space
$150M
Redondo Beach, CA-based developer of orbital transfer vehicles

Atlas Venture, Bain Capital Life Sciences, RTW Investments, and Lyra Capital
Kailera Therapeutics
$400M
Boston, MA-based developer of injectable and oral therapies for treating chronic weight management

Altos Ventures
MarqVision
$16M
Los Angeles, CA-based online brand protection startup

Lightspeed and Alpha Wave
Mstack
$40M
Houston, TX-based manufacturing chemicals sourcing platform

Touring Capital, Mitsui, Costanoa Ventures, Threshold Ventures, and Gradient
Numa
$32M
Lafayette, CA-based provider of AI chatbots for auto dealer

PSG, Google Ventures, Addition, Samsung Next, and Dynamic Loop Capital
Nym
$47M
New York, NY-based autonomous medical coding startup

Bain Capital Ventures, DST Global, StepStone Group, Schroders Capital, Premji Invest, BAM Elevate, B Capital, Winslow Capital, Adams Street, Dorsal Capital, and Fin Capital
Poolside
$500M
Rolling Meadows, IL-based developer of AI for software development

Greylock, Unusual Ventures, and angel investors
Resolve AI
$35M
San Francisco, CA-based “AI production engineer”

Kin Ventures, Arch Ventures, General Catalyst, GV (Google Ventures), F-Prime, Mass General Brigham Ventures, and 1843 Capital
Rippl
$23MS
eattle, WA-based virtual dementia care company

Netflix, Dell Technologies Capital, a16z, Bitkraft, and F4 Fund
Series Entertainment
$28M
Rocklin, CA-based game studio startup

Council Capital
StrataPT
$25M
Osprey, FL-based physician practice management software provider

Goldman Sachs, Fidelity, Deep Track Capital, Atlas Venture, Cormorant Asset Management, OrbiMed, Viking Global Investors, and Invus
Triveni Bio
$115M
Waltham, MA-based developer of an eczema antibody

Index Ventures
Valdera
$15M
San Francisco, CA-based sourcing platform for chemicals and raw material

Industry Ventures, eGateway Capital, and Highmount Capital
Vizit
$25M
Boston, MA-based provider of performance analytics for brand visuals

CRV, Wing VC, Conviction, Snowflake, Databricks, Pear VC, Tectonic Ventures, and Fusion Fund
Voyage AI
$20M
Palo Alto, CA-based developer of RAG tools to reduce AI hallucination

Venture Capital Deals

Reid Hoffman, Offline Ventures, Sound Ventures, Karlie Kloss, Colin Kaepernick, founder of Lumi, and Christy Turlington Burns
Arcade
$17M
San Francisco, CA-based generative AI marketplace

Brightway Future Ventures, Cherubic Venture, EnvisionX Venture, First Star Venture, Linear Capital, M31 Capital, Taihill Venture, and Uphonest Capital
Bot Auto
$20M
Houston, TX-based autonomous trucking startup

Wellington Management, Toshiba, DNX, Cox, and Prologis
Crisp
$72M
Bentonville, AR-based supply chain data startup

GV, Collaborative Fund, Breakthrough Energy Ventures, NGP, and Lennar
Dandelion Energy
$40M
Mt. Kisco, NY-based geothermal energy startup

Cathay Innovation, USV, Keyframe Capital, Equal Ventures, and BoxGroup
David Energy
$23M
Brooklyn, NY-based energy retailer

Telescope Partners
Fathom
$17M
San Francisco, CA-based meetings intelligence platform

Avidity Partners, Spark Capital, Ingeborg Investments, Barrel Ventures, Siam Capital, Relish Works, CF Private Equity, and Primary Venture Partners
Helaina
$45M
New York, NY-based maker of human-equivalent bioactive proteins

Edison Partners
K1x
$20M
Chicago, IL-based provider of K-1 data aggregation and reporting solutions

Threshold Ventures, Lux Capital, PFM Health Sciences, and Fred Moll
Mendaera
$73M
San Mateo, CA-based medical robotics developer

Centaurus Capital and New System Ventures
MetOx
$25M
Houston, TX-based maker of ultraefficient grid wires

Flagship Pioneering
Mirai Bio
$50M
Cambridge, MA-based platform for enhancing genetic medicines

Gradient Ventures, Construct Capital, Neo, PSL Ventures, Bezos Expeditions, Fintech Fund, Operator Stack, and Upper90
Outgo
$15M
Seattle, WA-based freight carrier banking startup

A16z, First Round Capital, and M13
Prepared
$27M
New York, NY-based startup that helps 911 dispatchers get a caller’s real-time location

Obvious Ventures, Piva Capital, Prelude Ventures, Metaplanet Holdings, and YC
Pyka
$40M
Oakland, CA-based developer of autonomous electric planes

Novo Holdings, U.S. Venture Partners, Norwest Venture Partners, InnovaHealth Partners, and The Vertical Group
Route 92 Medical
$50M
San Mateo, CA-based maker of medical devices for neurovascular interventions

Holcim and CRH
Sublime Systems
$75M
Somerville, MA-based green cement startup

Evolution Equity Partners, Bessemer Venture Partners, Notable Capital, Greenfield Partners, and Strait Capital
Torq
$70M
Portland, OR-based no-code automation platform for security teams

Sapphire Ventures, KeyCorp, IonPacific, GV, Kleiner Perkins, Citi Ventures, DCM, and Ericsson Ventures
UJET
$76M
San Francisco, CA-based provider of cloud contact center solutions

OPG Pension Plan, ArcelorMittal, Ara Partners and Aramco Ventures
Utility Global
$53M
Houston, TX-based hydrogen and gas production startup for “hard-to-abate industries”

Warburg Pincus and SoftBank
WhatFix
$125M
San Jose, CA-based digital transformation firm

Bessemer Venture Partners
Wrapbook
$20M
Hollywood, CA-based payroll and accounting services firm

Health 2047 Capital Partners, CRG, First Trust Capital Partners and insiders Newlight Partners, Town Hall Ventures, Health 2047, and Leavitt Equity Partners
Zing Health
$140M
Chicago, IL-based Medicare Advantage insurer

|Scherzer Deal Report|

The Scherzer Deal Report: September 23-27, 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

Arch Venture Partners
$3B+
12th fund

Boldstart Ventures
Miami, FL
$250M
Seventh fund

KKR
$4.6B
Debut fund focused on North American midmarket buyouts

StepStone Group
$7.4B
Fifth private equity secondaries fund

Private Equity Deals

Thompson Street Capital Partners
ATIS
Undisclosed amount
Creve Coeur, MO-based provider of elevator and escalator safety inspections and related services

Sixth Street
EdgeConneX
Undisclosed amount
Herndon, VA-based data center operator

Vista Equity Partners
Gnosis Freight
Undisclosed amount
Charleston, SC-based provider of supply chain visibility and execution software

Leonard Green & Partners
GSI
Undisclosed amount
Westminster, CO-based provider of geohazard mitigation solutions and roadway safety services

TPG
Homrich Berg
Undisclosed amount
Atlanta, GA-based wealth manager

Beach Point Capital Management
Metro Franchising
Undisclosed amount
Great Neck, NY-based Dunkin’ franchisees with 105 stores in the New York metro region

Blackstone and Vista Equity
Smartsheet
Undisclosed amount
Bellevue, WA-based maker of workplace collaboration software

Pinegrove Capital Partners
SVB Capital
$340M
Santa Clara, CA-based investment platform business

New State Capital Partners
The Expo Group
Undisclosed amount
Irving, TX-based provider of services to the trade show and live event industry

Venture Capital Deals

Reid Hoffman, Offline Ventures, Sound Ventures, Karlie Kloss, Colin Kaepernick, founder of Lumi, and Christy Turlington Burns
Arcade
$17M
San Francisco, CA-based generative AI marketplace

Brightway Future Ventures, Cherubic Venture, EnvisionX Venture, First Star Venture, Linear Capital, M31 Capital, Taihill Venture, and Uphonest Capital
Bot Auto
$20M
Houston, TX-based autonomous trucking startup

Wellington Management, Toshiba, DNX, Cox, and Prologis
Crisp
$72M
Bentonville, AR-based supply chain data startup

GV, Collaborative Fund, Breakthrough Energy Ventures, NGP, and Lennar
Dandelion Energy
$40M
Mt. Kisco, NY-based geothermal energy startup

Cathay Innovation, USV, Keyframe Capital, Equal Ventures, and BoxGroup
David Energy
$23M
Brooklyn, NY-based energy retailer

Telescope Partners
Fathom
$17M
San Francisco, CA-based meetings intelligence platform

Avidity Partners, Spark Capital, Ingeborg Investments, Barrel Ventures, Siam Capital, Relish Works, CF Private Equity, and Primary Venture Partners
Helaina
$45M
New York, NY-based maker of human-equivalent bioactive proteins

Edison Partners
K1x
$20M
Chicago, IL-based provider of K-1 data aggregation and reporting solutions

Threshold Ventures, Lux Capital, PFM Health Sciences, and Fred Moll
Mendaera
$73M
San Mateo, CA-based medical robotics developer

Centaurus Capital and New System Ventures
MetOx
$25M
Houston, TX-based maker of ultraefficient grid wires

Flagship Pioneering
Mirai Bio
$50M
Cambridge, MA-based platform for enhancing genetic medicines

Gradient Ventures, Construct Capital, Neo, PSL Ventures, Bezos Expeditions, Fintech Fund, Operator Stack, and Upper90
Outgo
$15M
Seattle, WA-based freight carrier banking startup

A16z, First Round Capital, and M13
Prepared
$27M
New York, NY-based startup that helps 911 dispatchers get a caller’s real-time location

Obvious Ventures, Piva Capital, Prelude Ventures, Metaplanet Holdings, and YC
Pyka
$40M
Oakland, CA-based developer of autonomous electric planes

Novo Holdings, U.S. Venture Partners, Norwest Venture Partners, InnovaHealth Partners, and The Vertical Group
Route 92 Medical
$50M
San Mateo, CA-based maker of medical devices for neurovascular interventions

Holcim and CRH
Sublime Systems
$75M
Somerville, MA-based green cement startup

Evolution Equity Partners, Bessemer Venture Partners, Notable Capital, Greenfield Partners, and Strait Capital
Torq
$70M
Portland, OR-based no-code automation platform for security teams

Sapphire Ventures, KeyCorp, IonPacific, GV, Kleiner Perkins, Citi Ventures, DCM, and Ericsson Ventures
UJET
$76M
San Francisco, CA-based provider of cloud contact center solutions

OPG Pension Plan, ArcelorMittal, Ara Partners and Aramco Ventures
Utility Global
$53M
Houston, TX-based hydrogen and gas production startup for “hard-to-abate industries”

Warburg Pincus and SoftBank
WhatFix
$125M
San Jose, CA-based digital transformation firm

Bessemer Venture Partners
Wrapbook
$20M
Hollywood, CA-based payroll and accounting services firm

Health 2047 Capital Partners, CRG, First Trust Capital Partners and insiders Newlight Partners, Town Hall Ventures, Health 2047, and Leavitt Equity Partners
Zing Health
$140M
Chicago, IL-based Medicare Advantage insurer

|Scherzer Deal Report|

The Scherzer Deal Report: September 16-20, 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

Avid Ventures
$87M
Second fund

Cerulean Ventures
$10M
Debut fund

Costanoa Ventures
$394M
Fifth early-stage fund ($275M) and third opportunities fund ($119M)

Era Ventures
$88M
Debut fund

Headline
$865M
Growth-stage fund

Kohlberg & Co.
$4.3B
Tenth midmarket PE fund

Moderne Ventures
$230M
Third fund

Patron
$100M
Second fund

Silver Point Capital
$4.6B
Latest opportunistic private credit fund

Private Equity Deals

Luminate Capital
AbsenceSoft
Undisclosed amount
Golden, CO-based provider of leave management software

RF Investment Partners
Altro and Amici Pharmaceuticals
Undisclosed amount
Long Island, NY-based providers of generic veterinary drug sourcing, production and insights

Agellus Capital
BlackPoint
Undisclosed amount
Kent, WA-based provider of managed IT and cybersecurity services

New Heritage Capital
Brilliant
Undisclosed amount
San Francisco, CA-based provider of corporate gifting and branded merchandise solutions

Brookfield Asset Management
Castlelake
$1.5B
Minneapolis, MN-based private credit firm

Genstar Capital
Flourish Research
Undisclosed amount
Apex, NC-based operator of multi-site clinical trials

Kingswood Capital Management
Kichler Lighting
Undisclosed amount
Solon, OH-based lighting company

Carlyle
North Bridge
Undisclosed amount
New York, NY-based provider of private credit to landlords for clean energy projects

Platinum Equity and Butterfly
Rise Baking Co
Undisclosed amount
Minneapolis, MN-based leading supplier of bakery products

Heartwood Partners
Royal Products
Undisclosed amount
Hauppauge, NY-based maker of precision machine tool performance accessories

Bain Capital Life Sciences
Serán Bioscience
$200M
Bend, OR-based CDMO for pharma and biotech

EverBank
Sterling Bank and Trust
$261M
Southfield, MI-based banking and loan institution

Carlyle
Unison
Undisclosed amount
San Francsico, CA-based residential equity company

Freeman Spogli
VIO Med Spa
Undisclosed amount
Strongsville, OH-based franchisor of full-service med spas

Venture Capital Deals

Benchmark, Quiet Capital, SV Angel, Abstract Ventures, Lux Capital, Operator Partners, Visionaries, Activant, HubSpot Ventures, Project A, 20VC, 20Growth, and 20Sales
11x
$24M
San Francisco, CA-based developer of autonomous digital worker

PJC, Techstars Ventures, Gaingels Ventures, Water Bear Ventures, and Launchpad Venture Group
AceUp
$22.5M
Boston, MA-based leadership coaching startup

Avfuel, Lowercarbon Capital, In-Q-Tel, Alaska Airlines, Connecticut Innovation’s Climate Tech Fund, Duncan Aviation, and JSSI
Air Company
$69M
Brooklyn, NY-based vodka distiller turned aviation fuel maker

Baird Capital, Blue Heron Capital, TDF Ventures, and TechOperators
BlackCloak
$17M
Lake Mary, FL-based cybersecurity platform for executives, high-net-worth individuals

HighSage Ventures, Intel Capital, CBRE, Nuveen, RXR, TA Realty, Trustbridge Partners, Glilot Capital Partners, and Carthona Capital
Cherre
$30M
New York, NY-based provider of real estate data management SaaS

NEA, Galaxy Interactive, and Sanabil Investments
DeltaStream
$15M
Menlo Park, CA-based serverless stream processing platform

Redpoint Ventures, Y Combinator, Okta Ventures, Base10 Partners, and Formus Capital
Every
$22.5M
San Francisco, CA-based HR and spend management startup

Foundry, Catalyst by Wellstar, Headwaters Ventures, and UnitedHealthcare Accelerator
Ferrum Health
$16M
Sunnyvale, CA-based provider of AI deployment solutions for healthcare

Cormorant, Mubadala, and a16z
GC Therapeutics
$65M
Cambridge, MA-based cell therapy startup

Craft Ventures, 53 Stations, Trust Ventures, and LiveOak Ventures
GreenLite
$28.5M
New York, NY-based construction permitting startup

Permira
Hotel Engine
$140M
Denver, CO-based hospitality booking company

Norwest Venture Partners, Intel Capital, OpenView, Magma, and Alon Cohen
Intezer
$33M
New York, NY-based autonomous security ops startup

Duquesne, The Stephens Group, Brand Foundry Ventures, and American Family Ventures
Ledgebrook
$17M
Boston, MA-based specialty insurtec

Tiger Global
LiquidStack
$20M
Carrollton, TX-based provider of liquid cooling for data centers

Altos Ventures, SaaStr Fund, and OpenView Venture Partners
Mangomint
$35M
Los Angeles, CA-based provider of salon and spa software

Column Group, Sanofi Ventures, Samsara Bio Capital, and Euclidean Capital
Nura Bio
$68M
South San Francisco, CA-based biotech focused on debilitating neurological diseases

Mayfield, Uncorrelated Ventures, Menlo Ventures, Greylock Partners, South Park Commons, Basecase, and Scribble Ventures
Orb
$25M
San Francisco, CA-based software billing platform

Deerfield Management, Corteva, Aliment Capital, and Leaps by Bayer
Pairwise
$40M
Durham, NC-based plant-focused gene editing startup

Insight Partners
PictorLabs
$30M
Los Angeles, CA-based provider of histopathology software

Riverwood Capital and Earlybird Digital East Fund
Picus Security
$45M
San Francisco, CA-based cybersecurity startup

Nyca Partners, Citi Ventures, Brian Kelly, Samsung Next, RiverPark Ventures, Four Cities Capital, and MoreThan Capital
Point.me
$15M
New York, NY-based travel points search engine

Harbert Growth Partners, MissionOG, Liberty Mutual Strategic Ventures, and Vestigo Ventures
Roots Automation
$22.2M
New York, NY-based developer of a generative AI model for insurance claims

Mayfield, General Catalyst, and Abstract Ventures
TeamBridge
$28M
San Francisco, CA-based provider of HR software for hourly workers

TPG Rise Climate, Capricorn Investment Group, Pulse, Fifth Wall, Northstar VC, TGVP, Alaska Airlines, DCVC, Munich Re Ventures, and Emerson Collective
Twelve
$200M
Berkeley, CA-based sustainable aviation fuel startup

Susquehanna Growth Equity
Virtuous
$100M
Phoenix, AZ-based provider of fundraising CRM for nonprofits

GV, Citi Ventures, Outpost Ventures, 53 Stations, and Firebolt Ventures
Wealth.com
$20M
Gilbert, AZ-based estate planning startup

Andreessen Horowitz, Nvidia, NEA, Radical Ventures, Marc Benioff, Adobe Ventures, Databricks Ventures, Reid Hoffman, and Ashton Kutcher
World Labs
$230M
Stanford, CA-based startup led by “modmother of AI” Fei-Fei Li

|Scherzer Deal Report|

The Scherzer Deal Report: September 9-13, 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

Alpha Partners
$153M
Third fund

Bain Capital Life Sciences
$3B
Fourth fund

eGateway Capital
$94M
Second fund

Fika Ventures
$160M
Fourth fund

Five Point Energy
$1.4B
Fourth energy infrastructure fund

Next Frontier Capital
$102M
Fourth fund

Rethink Impact
$250M
Third fund

Private Equity Deals

THL Partners
AMI
Undisclosed amount
Duluth, GA-based firmware company

Sound Growth Partners
ATEK Access Technologies
Undisclosed amount
Eden Prairie, MN-based maker of memory keys for access control and data storage

Nexus Capital
Big Lots
Undisclosed amount
Columbus, OH-based discount home goods retailer

SEVA
Chicory
Undisclosed amount
New York, NY-based contextual commerce media platform

New Mountain Capital
Datassential
Undisclosed amount
Chicago, IL-based food and beverage intelligence platform

Madison Dearborn Partners
Harmonia Holdings
Undisclosed amount
Blacksburg, VA-based provider of tech services to the U.S. federal government

Blue Star Innovation Partners
Ledger Run
Undisclosed amount
Tiburon, CA-based provider of workflow optimization solutions

Rotunda Capital Partners
Mama Lycha Foods
Undisclosed amount
Houston, TX-based maker and distributor of Latin American foods

K1 Investment Management
MariaDB
Undisclosed amount
Redwood City, CA-based cloud database software firm

Coalesce Capital
Miller Environmental Group
Undisclosed amount
Calverton, NY-based provider of waste, industrial, and environmental services

Tower Arch Capital
Miller Industries
Undisclosed amount
Fenton, MI-based maker of custom modular systems

Falfurrias
Moxfive
Undisclosed amount
Tysons, VA-based cybersecurity company

Perpetual Capital Partners
Novatech
Undisclosed amount
Nashville, TN-based provider of nationwide managed office solutions

Shamrock Capital
Nth Degree
Undisclosed amount
Duluth, GA-based event management and experiential marketing company

Eir Partners
PharmaForceIQ
Undisclosed amount
Orlando, FL-based omnichannel orchestration and measurement solution to pharma and life science companies

Renovus Capital Partners
QualX
Undisclosed amount
Springfield, VA-based provider of information management solutions to the federal government

Post Oak Energy Capital
Quantent Energy Partners
Undisclosed amount
Oklahoma City, OK-based platform that made its initial acquisitions of natural gas assets in the Haynesville Shale

Warburg Pincus and Vista Equity
Redwood Software
Undisclosed amount
Frisco, TX-based provider of automation fabric solutions

Aleph Capital Partners and Crestview Partners
Saber Interactive
Undisclosed amount
Ft. Lauderdale, FL-based video game developer

Altas Partners
Sedgwick
Undisclosed amount
Memphis, TN-based claims management firm 

Venture Capital Deals

Anzu Partners, Energy Impact Partners, LaunchCapital, Material Impact, and Volta Energy Technologies
6K
$82M
North Andover, MA-based battery materials maker

Acrew Capital, Ballistic Ventures, Ten Eleven Ventures, Okta Ventures, and CrowdStrike Falcon Fund
Aembit
$25M
Silver Springs, MD-based provider of non-human identity and access management solutions

Heron Rock, Volvo Group VC, Obvious Ventures, Ibex Investors, Compound, Winthrop Square, and Cooley
AIfleet
$16.6M
Austin, TX-based trucking tech startup

Sutter Hill Ventures, Canaan Partners, and Wing VC
AttoTude
$29M
Menlo Park, CA-based provider of AI and hyperscale data center applications

GV, Floodgate, Bloomberg Beta, Haystack, Octave Ventures, and MS&AD
Bounti
$16M
San Jose, CA-based developer of autonomous AI products for sales and marketing

Venrock, Fairmount, TCGX, venBio Partners, Foresite Capital, Third Rock Ventures, Fidelity, Samsara BioCapital, Qiming Venture Partners USA, OrbiMed, Boxer Capital, Redmile Group, Vida Ventures, Two River, Franklin Templeton, LifeSci Venture Partners, Mirae Asset Capital Life Science, Polaris Innovation Fund, and Soleus Capital
Candid Therapeutics
$370M
San Diego, CA-based biotech focused on T cell engagers

Alibaba, Unusual Ventures, Volpe Capital, RX Ventures, Falabella Ventures, and Philippos Kourkoulos Latsis
Connectly
$20M
Redwood City, CA-based conversational commerce startup

GMO Payment Gateway and Sumitomo Mitsui Bank
Drip Capital
$23M
Palo Alto, CA-based working capital startup

PeakSpan Capital
Finally
$50M
Miami, FL-based bookkeeping software provider

Moore Strategic Ventures, XYZ VC, Hedosophia VC, Standard Investments, Crescent Cove Advisors, Enlightenment Capital, and Four More Capital
Forterra
$75M
Clarksburg, MD-based self-driving tech developer

Altimeter, DST Global, Craft Ventures, Sapphire Ventures, SoftBank, Coatue, General Catalyst, Iconiq Growth, IVP, Kleiner Perkins, Lightspeed Venture Partners, and Sequoia Capital
Glean
$260M
Palo Alto, CA-based AI enterprise search startup

Town Hall Ventures, NEA, and Kaiser Permanente
Habitat Health
$50M
San Francisco, CA-based provider of home care support for older adults

Distributed Global, Hashkey Capital, Folius Ventures, the Stellar Development Foundation, and Tibas Ventures
Huma
$38M
San Francisco, CA-based payments blockchain network

Brookfield Asset Management
Infinium
$1.1B
Sacramento, CA-based company focused on converting carbon dioxide into sustainable aviation fuel

Khosla Ventures and Think.Health
Inflammatix
$57M
Sunnyvale, CA-based molecular diagnostics startup focused on acute infection and sepsis

Northzone, Inspired Capital, Eniac Ventures, and Surface Ventures
Nirvana
$24.2M
New York, NY-based health-care bill transparency startup

SYN Ventures, Zscaler, and Lightspeed
P0 Security
$15M
San Francisco, CA-based enterprise cloud security startup

Children’s Health, Concord Health Partners, OSF HealthCare, and Rittenhouse Ventures
Pieces Technologies
$25M
Irving, TX-based provider of solutions for inpatient care teams8

VC, Menlo Ventures, Meritech, Khosla Ventures, and Fifth Wall
Polly
$25M
San Francisco, CA-based provider of mortgage capital markets software

Left Lane Capital
Smartcat
$43M
Boston, MA-based translation automation platform

Johnson and Johnson Innovation, S3 Ventures, Lumira Ventures, SV Health Investors, Deerfield Management, NovaVenture, and Heartwork Capital
SpectraWave
$50M
Bedford, MA-based medical imaging startup focused on coronary artery disease

Pelion Venture Partners, AXA Venture Partners, Valor Equity Partners, DataTribe, and Cyfr Capital
Strider Technologies
$55M
South Jordan, UT-based cyber intelligence company

RA Capital Management, Catalio Capital, Eli Lilly, Cooley, Insight Partners, NVentures, and Gaingels
Superluminal Medicines
$120M
Waltham, MA-based generative biology and chemistry startup

Barclays, Bank of America, Citi, Deutsche Bank, JPMorgan, Morgan Stanley, and Wells Fargo
Versana
$26M
New York-based syndicated loan platform

Khosla Ventures, Bold Capital, WRG Ventures, and Marc Benioff
Viome
$25M
Bellevue, Wash., maker of home microbiome tests

QED Investors, Canvas Ventures, American Family Ventures, HC9 Ventures, Valor Capital Group, and Manchester Story
XP Health
$33.2M
San Carlos, Calif., vision care affordability startup

Scottish National Investment Bank, Airbus, Barclays Sustainable Impact Capital and Saudi Arabia’s NEOM Investment Fund
ZeroAvia
$150M
Hollister, Calif., developer of hydrogen-powered airplane engines

|Scherzer Deal Report|

The Scherzer Deal Report: September 2-6, 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

Asylum Ventures
$55M
Debut fund

Bregal Sagemount
$800M
Credit solutions fund

Halo Capital
$25M
Debut crypto fund

MCJ
$80.6M
Second fund

Slauson & Co.
$100M
Second fund

SparkLabs
$50M
Fund focused on AI startups

Warburg Pincus
$4B
Structured transactions fund

Private Equity Deals

Tower Arch Capital
ACS Manufacturing
Undisclosed amount
Denison, TX-based maker of structural enclosures for backup power systems

H.I.G. Capital
Action Elevator
Undisclosed amount
Millersville, MD-based elevator services company

Apax Partners
Altus Fire & Life Safety
Undisclosed amount
New York, NY-based provider of fire and life safety services

26North Partners
ArchKey Solutions
Undisclosed amount
St. Louis, MO-based provider of electrical, technological, and specialty systems

Mercer Advisors
Benchmark Wealth Management
Undisclosed amount
Old Lyme, CT-based financial planning and wealth management firm

Kohlberg & Co.Clea
Result
Undisclosed amount
Austin, TX-based energy efficiency services provider

RF Investment Partners and Greenridge Growth Partners
Covr
Undisclosed amount
Salt Lake City, UT-based provider of workforce management software to the post-acute care industry

Partners Group
EdgeCore Digital Infrastructure
$1.9B
Broomfield, CO-based data center operator

Welsh, Carson, Anderson & Stowe
EquiLend
Undisclosed amount
New York, NY-based provider of data and analytics solutions to the securities finance industry

Bansk Group
Foundation Wellness
Undisclosed amount
Wadsworth, OH-based maker of orthotics products

Charlesbank Capital Partners
Front Row Group
Undisclosed amount
New York, NY-based e-commerce agency and accelerator for beauty, health, wellness, and CPG brands

Amulet Capital Partners
Genetics & IVF Institute
Undisclosed amount
Fairfax, VA-based provider of reproductive tissue banking services

Rotunda Capital Partners
Lehman Pipe and Supply
Undisclosed amount
Miami, FL-based distributor of industrial pipe, valves, and fittings

Revelstoke Capital Partners
MediQuant
Undisclosed amount
Independence, OH-based provider of data archiving and interoperability software for hospitals and health systems

TPG Rise Climate
Miratech
Undisclosed amount
Tulsa, OK-based provider of aftermarket emissions and noise reduction tech for stationary industrial engines

Iron Creek Partners
MoneyThumb
Undisclosed amount
Encinitas, CA-based automated document evaluation company

WindRose Health Investors
MyndYou
Undisclosed amount
New York, NY-based provider of conversational AI solutions for healthcare

Hg
Ncontracts
Undisclosed amount
Brentwood, TN-based provider of risk and vendor management solutions

Turnspire Capital Partners
Pharmachem
Undisclosed amount
Kearny, NJ-based nutraceuticals business

Venture Capital Deals

Arch Venture Partners, Milky Way Investments Group, Regeneron Ventures, Nvidia, T. Rowe Price, Rock Springs Capital, Bristol Myers Squibb, Westlake Village BioPartners, SoftBank, and the Parker Institute for Cancer Immunotherapy
Arsenal Biosciences
$325M
South San Francisco, CA-based programmable cell therapy startup

NewSpace Capital
Atlas Space Operations
$15M
Traverse City, MI-based provider of ground station services for satellite communications

Scale Venture Partners, Sequoia Capital, and YC
Cortex
$60M
San Francisco, CA-based productivity platform for engineers

Lux Capital, Eisai Innovation, NATCO Pharma, Parkwood Corp. Arch Venture Partners, Khosla Ventures, Farallon Capital Management, Alta Partners, Leaps by Bayer, DaVita, and Freseniuse
Genesis
$191M
Cambridge, MA-based developer of human-compatible organs that are derived from pigs

John Doerr’s family office, Sam Altman-founded Hydrazine Capital, and Material Impact
Galy
$33M
Boston, MA-based developer of lab-grown cotton

Zeev Ventures, Stereo Capital, and Menlo Ventures
HomeLight
$20M
Scottsdale, AZ-based provider of buy-before-you-sell real estate products

Blue Delta Capital Partners
ITC Federal
$25M
Arlington, VA-based provider of IT solutions and enterprise services to U.S. federal agencies

Accel
Laravel
$57M
Benton AR-based PHP web application framework

Shell Ventures, Eni Next, Engine Ventures, New Climate Ventures, Hartree, bp Ventures, Arosa Ventures, Vale Ventures, Newlab, and MCJ Collective
Mantel Capture
$30M
Cambridge, MA-based carbon capture startup that uses molten borate

A16z, Bain Capital Ventures, and YC
Mintlify
$18.5M
New York, NY-based code documentation platform

Ascenta Capital, Woodline Partners, Samsara Biocapital, Longitude Capital, Enavate Sciences, NuevaBio, and Eli Lilly
OrsoBio
$67M
Menlo Park, CA-based developer of obesity treatments

Silver Lake Waterman
Oyster
$59M
Wilmington, DE-based payroll and HR platform for distributed workforces

Icon Ventures, Mayfield, GTM Capital, and StepStone Group
Revefi
$20M
Seattle, WA-based data ops automation startup

Change Forces Capital, Grantham Foundation, Astanor Ventures, Acre Venture Partners, Anthos Capital, Thia Ventures, Emerson Collective, and Ag Ventures Alliance
Switch Bioworks
$17M
San Carlos, CA-based developer of sustainable fertilizers

Index Ventures and General Catalyst
Thatch
$38M
San Francisco, CA-based personalized health benefits startup

D2 Asset Management, Saluda Grade, Second Century Ventures, and Reach
Unlock Technologies
$30M
Tempe, AZ-based home equity agreement provider

Georgian, Salesforce Ventures, NVIDIA, Softbank Ventures Asia, DuckDuckGo, and Day One Ventures
You.com
$50M
Palo Alto, CA-based search engine

|Scherzer Deal Report|

The Scherzer Deal Report: August 26-30, 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

Abry Partners and Coller Capital
$1.6B
GP-led credit continuation fund

CenterOak Partners
$1.1B
Third fund

G Squared
$1.1B
Sixth flagship fund

LS Power Group
$2.7B
Fifth fund

Magnetar
$235M
AI fund

Oncology Ventures
$30M
Debut fund

Private Equity Deals

Citation Capital
Aptive Environmental
Undisclosed amount
Provo, UT-based pest control company

One Equity Partners
EthosEnergy
Undisclosed amount
Houston, TX-based provider of rotating equipment for energy customers

Mill Point Capital
Garyline
Undisclosed amount
Spring Hill, FL-based provider of promotional and specialty packaging products

O2 Investment Partners
Harley Exteriors
Undisclosed amount
Bothell, WA-based provider of residential renovation services

GHK Capital Partners
Horizon Group
Undisclosed amount
Jamaica, NY-based provider of international freight forwarding services

Falfurrias Management Partners
Moxfive
Undisclosed amount
Tysons, VA-based cybersecurity company

Boyne Capital
Premier Building Associates
Undisclosed amount
North Branford, CT-based roofing contractor

Mainsail Partners
Rentvine
$74M
Estero, FL-based provider of property management software for the long-term residential rental market

KKR
Varsity Brands
$4.75B
Memphis, TN-based maker of yearbooks and class rings

Venture Capital Deals

Scale Venture Partners
Bland AI
$16M
San Francisco, CA-based conversational AI platform for enterprise phone calls

Sequoia Capital, Ribbit Capital, Index Ventures, and Haun Ventures
Bridge

$58M

San Antonio, TX-based money movement startup

 

Foundry, Pacific Alliance Venture, GS Futures, DNX Ventures, Ray Stata, Joi Ito, Carrier, and Qualcomm
Butlr
$38M
Burlingame, CA-based senor platform for intelligent buildings

 

General Catalyst, Kleiner Perkins, and Greenoaks
Codeium
$150M
San Jose, CA-based code acceleration platform

Redpoint Ventures, Animo Ventures, Costanoa Ventures, FJ Labs, RTP Global, and South Park Commons
Comun
$21.5M
New York, NY-based digital bank focused on U.S. immigrants

GV, GIC, CapitalG, IVP, and CRV
Cribl
$319M
San Francisco, CA-based data infrastructure startup

Gigafund, the Autodesk Foundation, and family offices
Last Energy
$40M
Washington, DC-based developer of micro-nuclear power plants

Eric Schmidt, CapitalG, Atlassian, Elad Gil, Jane Street, Nat Friedman, Daniel Gross, and Sequoia Capital
Magic
$320M
San Francisco, CA-based generative AI coding company

IAG Capital Partners
Miris
$26M
Culver City, CA-based provider of spatial content streaming solutions

Forbion and RA Capital Management
Navigator Medicines
$100M
Scotch Plains, NJ-based developer of bispecific antibodies

Headlight Partners
nOps
$30M
San Francisco, CA-based provider of an AI platform for businesses to manage and optimize their cloud usage, spending, and commitments on Amazon Web Services

Millennium New Horizons, Samsung Next, GTMfund, DCM Ventures, and Jason Lemkin
OpusClip
$30M
Redwood City, CA-based AI-powered video repurposing startup

Castle Island Ventures, Hack VC, Franklin Templeton Digital Assets, OKX Ventures, and Mirana Ventures
SatLayer
$8M
Seattle, WA-based BTC re-staking platform developer

Sapphire Ventures, Bonfire Ventures, and Foothill Ventures
Supio
$25M
Seattle, WA-based provider of a purpose-built AI platform for personal injury and mass tort plaintiff law firms

Framework Ventures, Lightspeed Faction, Arrington Capital, Hivemind Capital. M12, DCG, F-Prime Capital, OKX Ventures, Circle Ventures, and Alumni Ventures
SxT Labs
$20M
Los Angeles, CA-based developer of a verifiable compute layer

|Scherzer Deal Report|

The Scherzer Deal Report: August 19-23, 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

HarbourVest Partners
$18.5B
11th private equity secondaries fund ($15.1B) and Secondary Overflow Fund V ($3.4B)

Radical Ventures
$800M
New fund

Private Equity Deals

Audax Private Equity
Avantor
$650M
Radnor Township, PA-based clinical services business

Rise Growth Partners
Bleakley
Undisclosed
Fairfield, NJ-based wealth advisory and financial planning firm

Quantum Capital Group
Caerus Oil and Gas
$1.8B
Denver, CO-based conventional oil and gas producer

Sixth Street
Caliche Development Partners
Undisclosed amount
Houston, TX-based acquirer and operator of natural gas and industrial gas storage assets

Topspin Consumer Partners
Carpe
Undisclosed amount
Durham, NC-based antiperspirant brand

Koch Equity Development
Iconectiv
$1B
Bridgewater, NJ-based call-routing business

Falfurrias Management Partners
Jumo Health
Undisclosed amount
New Haven, CT-based provider of clinical trial solutions

Arsenal Capital
Knowtion Health
Undisclosed amount
Boca Raton, FL-based provider of revenue cycle insurance claim resolution services

Terramont Infrastructure Partners, Tecum Capital, and Patriot Capital
Long Island Waste Services
Undisclosed amount
Islandia, NY-based solid-waste hauler

Warburg Pincus
MIAX
$100M
Miami, FL-based parent company of options exchange operator

Warren Equity Partners
MoboTrex
Undisclosed amount
Davenport, IA-based provider of traffic and mobility solutions to government agencies

Brighton Park Capital and Symphony Ventures
TikPick
$250M
New York, NY-based online ticket marketplace

Carlyle
Worldpac
Undisclosed amount
Newark, CA-based auto parts wholesale distributor

Venture Capital Deals

Nova Threshold, 776, Initialized, Caladan, YC, Uncorrelated Ventures, and Jed McCaleb
AstroForge
$40M
Huntington Beach, CA-based asteroid mining startup

Bessemer Venture Partners, Fifth Growth Fund, and Red Cell Partners
Defcon AI
$44M
McLean, VA-based provider of modeling, simulation, and analysis for military applications

Innovation Endeavors, Icon Ventures, Amplify Partners, and Menlo Ventures
Eppo
$28M
San Francisco, CA-based AI experimentation platform

Blockchain Capital, 1kx, Offchain Labs, Polygon, and Matter Labs
Fabric Cryptography
$33M
Santa Clara, CA-based maker of cryptography hardware

Khosla Ventures and Temasek
Fortera
$85M
San Jose, CA-based maker of low-carbon cement

Lightspeed, GIC, Sequoia Capital, Coatue, Lead Edge Capital, and JPMorgan
Grafana Labs
$270M
New York, NY-based open observability platform.

Lagniappe Capital Partners
Home Run Dugout
$22.5M
Katy, TX-based baseball-focused eat-ertainment concept.

Zeev Ventures
Lettuce
$15M
San Francisco, CA-based automated accounting and tax solution

Sonder Capital and Olympus Corporation of the Americas
Neptune Medical
$97M
Menlo Park, CA-based developer of GI devices and robotics

Plum Alley Ventures, Khosla Ventures, and Bold Capital Partners
Openwater
$54M
San Francisco, CA-based developer of open-source tech for medical devices

PeakSpan Capital, UST Global, Verica, Vertical, and YouNest
Opkey
$47M
Dublin, CA-based test automation platform

Eventide, Labcorp, Quest Diagnostics, and GenHenn Capital Venture
PreciseDx
$20.7M
New York, NY-based oncology diagnostics company

Pelion Venture Partners, Cervin Ventures, Epic, Kickstart, and Aglaé Ventures
Redo
$24M
Heber City, UT-based provider of returns management software

WestCap
Siepe
$30M
Dallas, TX-based provider of software to the private credit industry

Andreessen Horowitz
Slingshot AI
$30M
Albany, NY-based mental health startup

A16z and Polychain Capital
Story Protocol
$80M
Bellevue, WA-based blockchain platform for IP owners to track usage

Moderne Ventures, Construct Capital, First Round Capital, FJ Labs, and Redpoint Ventures
The Rounds
$24M
Philadelphia, PA-based provider of e-commerce restocking solutions

Redpoint
Trunk Tools
$20M
New York, NY-based provider of automation solutions for construction documentation

Omega Funds, Intuitive Ventures, Cleveland Clinic, Ajax Health, Longview Ventures, Aperture Venture Partners, and JobsOhio Growth Capital Fund
XII Medical
$45M
Union City, CA-based developer of therapies for obstructive sleep apnea

|Scherzer Deal Report|

The Scherzer Deal Report: August 12-16, 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

HighPost Capital/HIPstr
$100M
Early-stage fund

Resurgens Technology Partners
$800M
Third fund

Private Equity Deals

Lightyear Capital Cura
Linc Healthcare
Undisclosed amount
Chicago, IL-based provider of employee assistance, student, and workforce mental health programs

Lindsay Goldberg
Golden State Foods
Undisclosed amount
Irvine, CA-based distributor of food to the foodservice and retail sectors

Summit Park
Hylaine
Undisclosed amount
Charlotte, NC-based tech consultancy

Vista Equity Partners
Jaggaer
Undisclosed amount
Morrisville, NC-based supply chain software firm

Blackstone
M3
Undisclosed amount
Lawrenceville, GA-based provider of hospitality accounting software

Warburg Pincus
Service Express
Undisclosed amount
Grand Rapids, MI-based provider of post-warranty data center maintenance services

MidOcean Partners
SI Solutions
Undisclosed amount
Huntersville, NC-based provider of engineering and other services for the power and critical infrastructure markets

Venture Capital Deals

Andreessen Horowitz and Thrive Capital
Anysphere
$60M
Buffalo, NY-based developer of an AI-powered coding assistant

PFM Health Sciences, BlackRock Innovation Capital, MTIP, Bioniq Capital, Pictet Alternative Advisors, Surgical.ai, Aescuvest, Optum Ventures, Cure Capital, Relyens Group, Vesalius Biocapital, Lauxera Capital, Plug & Play, and ProAssurance Corp.
Caresyntax
$80M
San Francisco, CA-based surgical data analysis platform

Haun Ventures, F-Prime Capital, Spartan Capital, Slow Ventures, Lightspeed Venture Partners, Galaxy Ventures, Wintermute Ventures, PayPal Ventures, General Catalyst, Bessemer Venture Partners, and Coinbase Ventures
Chaos Labs
$55M
New York, NY-based provider of on-chain risk management

Avanta Ventures, Liberty Mutual Insurance, Old Republic International Corporation, and Stray Dog Enterprises
Companion Protect
$20.3M
Leawood, KS-based pet health administrator

Khosla Ventures, Mayfield Fund, and Dheeraj Pandey’s family office, Param Hansa Values
DevRev
$100M
Palo Alto, CA-based customer relationship and product development software provider

Decarbonization Partners, Ecolab, Rethink Impact, GSBackers, Greycroft, and Breakthrough Energy Ventures
Guidewheel
$31M
San Francisco, CA-based maker of factory ops software

Deep Track Capital, Frazier Life Sciences, RA Capital Management, Vida Ventures, Boxer Capital, Taiho Ventures, Canaan Partners, Access Biotechnology, Elm Street Ventures, and Connecticut Innovations
Halda Therapeutics
$126M
New Haven, CT-based developer of solid tumor drugs

Alpha Wave Ventures, Amzak Health, HealthQuest Capital, JJDC, Venture Investors, Lumira Ventures, Yonjin Venture, and the State of Wisconsin Investment Board
HistoSonics
$102M
Minneapolis, MN-based developer of liver cancer therapy solutions

NEA, 7WireVentures, Signal Fire, and Viola Ventures
PayZen
$232M
San Francisco, CA-based provider of health care financing tools

Arch Venture Partners, F-Prime Capital, Sequoia Capital, Hither Creek Ventures, Canaan Partners, Fitz Gate Ventures, In-Q-Tel, Osage University Partners, Connecticut Innovations, Tao Capital Partners, and Tribeca Venture Partner
Quantum Circuits
$60M
New Haven, CT-based developer of superconducting architecture

General Catalyst
Re:Build Manufacturing
$120M
Cambridge, MA-based provider of industrial manufacturing solutions

Pantera Capital, Binance Labs, Polychain Capital, Samsung, Matrix Partners, dao5, Geekcartel, Nomad Capital, SCB 10X, Canonical Capital, Mirana Ventures, Foresight Ventures, Dispersion Capital, Aegis Ventures, Alumni Ventures, and Tangent Ventures
Sahara AI
$43M
Los Angeles, CA-based decentralized AI blockchain platform

|Scherzer Deal Report|

The Scherzer Deal Report: August 5-9, 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

Flint Capital
$160M
Third VC fund

Thrive Capital
$5B
Ninth early-stage fund ($1B) and its third growth fund ($4B)

Private Equity Deals

Greenbacker Capital
3V Infrastructure
Undisclosed amount
New York, NY-based EV charging infrastructure firm

Gamut Capital Management
Airtron
Undisclosed amount
Columbus, OH-based maker of HVAC systems

Platinum Equity
ASP Global
Undisclosed amount
Atlanta, GA-based developer of consumable medical products

Quantum Capital
Cogentrix Energy
$3B
Charlotte, NC-based operator of natural gas power plants

Consello Capital
EHE Health
Undisclosed amount
New York, NY-based provider of preventive health care

Meaningful Partners
Fitness Ventures
Undisclosed amount
Longwood, FL-based second-largest Crunch Fitness franchisee.

Aurora Capital Partners
GenServe
Undisclosed amount
Plainview, NY-based provider of backup power solutions

Stellex
McConway & Torley and Standard Forged Products
Undisclosed amount
Pittsburgh, PA-based makers of products for rail and industrial customers

Bernhard Capital Partners
New Mexico Gas Company
$1.25B
Albuquerque, NM-based energy and services company.

Bansk Group
PetIQ
$1.5B
Eagle, ID-based pet medication and wellness company

Apax Partners
Thoughtworks
$1.75B
Chicago, IL-based tech consultancy

Cerberus Capital Management
Vivace International
Undisclosed amount
San Antonio, TX-based maker of propulsion tanks for space and defense applications

Venture Capital Deals

Wellington Management, Greylock, Menlo Ventures, Insight Partners, and CrowdStrike Falcon Fund
Abnormal Security
$250M
San Francisco, CA-based email security company

Dragonfly, CMT Digital, Castle Island Ventures, Wintermute, 6th Man Ventures, and ParaFi
Andrena
$18M
New York, NY-based developer of a decentralized physical infrastructure network protocol

Threshold
Freshpaint
$30M
San Francisco, CA-based health care privacy platform

BlackRock, Neuberger Berman, Type One Ventures, Cisco, KDDI, and Samsung Catalyst Fund
Groq
$640M
Mountain View, CA-based AI chipmaker

Infinite Capital, Hanwha Asset Management, Cubit Capital, Origin Ventures, Industrious Ventures, Venn10 Capital, Lockheed Martin Ventures, Metaplanet, Liquid 2 Ventures, and TechNexus
H3X
$20M
Denver, CO-based electric motor maker

Harbert Growth Partners, Northwestern Mutual Future Ventures, and Bull City Venture Partners
Levitate
$15M
Raleigh, NC-based CRM software startup.

GV
Mechanical Orchard
$50M
San Francisco, CA-based cloud ops-as-a-service

Activate Capital, Acme Capital, Costanoa Ventures, Radical Ventures, and Congruent Ventures
Muon Space
$56.7M
Mountain View, CA-based space-as-as-service startup

Enlightened Hospitality Investments
Oats Overnight
$35M
Tempe, AZ-based oatmeal maker

Mayfield, Revolution Ventures, Prime Movers Lab, and Idealab Studio
ProRata.ai
$25M
Seattle, WA-based developer of a subscription AI chatbot that would share attribution and revenue with media publishers.

Sapphire Ventures, Meritech Capital, and OpenView
Rewst
$45M
Tampa, FL-based automation platform for MSPs

Canvas Ventures
Savvy
$15.5M
New York, NY-based provider of wealth management software

Sixth Street Growth, Insight Partners, Altira Group, Second Avenue Partners, and Saudi Aramco Energy Ventures
Seeq
$50M
Seattle, WA-based provider of industrial analytics and monitoring

SV Health Investors, 1315 Capital, and RC Capital
Spineology
$25M
St. Paul, MN-based spinal fusion startup

|Scherzer Deal Report|

The Scherzer Deal Report: July 29-August 2, 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

Amulet Capital Partners
$1.3B
Third fund

Blue Delta Capital Partners
$250M
Fourth fund

Knox Lane
$1B
Second fund

Moxxie Ventures
$95M
Third fund

Quinbrook Infrastructure Partners
$3B
Fifth energy transition-focused fund

Siddhi Capital
$135M
Second fund

venBio
$528M
Fifth fund

Private Equity Deals

Bain Capital Insurance
1970 Group
Undisclosed amount
New York, NY-based specialized risk financing provider to the insurance industry

Rand Logistics
Andrie
Undisclosed amount
Muskegon, MI-based marine transporter of liquid bulk commodity goods

Mollitiam Holdings
BluRoc
Undisclosed amount
Northampton, MA-based provider of road and other infrastructure

BharCap Partners
Electronic Merchant Systems
Undisclosed amount
Cleveland, OH-based merchant payments company

Mainsail Partners
INNERGY
Undisclosed amount
Sauk Rapids, MN-based provider of cloud-based software for woodworking, cabinetry, stone, metal, and other engineer-to-order shops

Stanley Capital Partners and Goldman Sachs Alternatives
SePRO Corporation
Undisclosed amount
Carmel, IN-based environmental restoration company

Vistria Group
Soliant
Undisclosed amount
Peachtree Corners, GA-based health care staffing and recruiting firm

Berkshire Partners and Leonard Green & Partners
Vital Care
Undisclosed amount
Brentwood, TN-based franchisor of infusion therapy pharmacies

CORE Industrial Partners
Winky Lux
Undisclosed amount
New York, NY-based beauty company

Venture Capital Deals

Aliment Capital and Steve Kaplan
Agrovision
$100M
Los Angeles, CA-based superfruit producer

Forbion, Ono Venture Investment, Alexandria Venture Investments, ARCH Venture Partners, and ND Capital
AIRNA
$60M
Cambridge, MA-based RNA editing therapeutics company

US Innovative Technology Fund, March Capital, Generation Investment Management, Salesforce Ventures, Friends and Family Capital, GV, Activate Capital, Floating Point, and OMERS Ventures
Altana
$200M
New York, NY-based supply chain monitoring company

TO VC, Congruent Ventures, Grantham Foundation, Microsoft Climate Innovation Fund, S2G Ventures, Overture.vc, Wireframe Ventures, Autodesk Foundation, Anglo American, Susquehanna Foundation, US Endowment for Forestry and Communities, TELUS Pollinator Fund for Good, and Elemental Excelerator
Applied Carbon
$21.5M
San Francisco, CA-based automated biochar production tech startup

Invictus Growth Partners
Axiad
$25M
Santa Clara, CA-based cybersecurity startup

Ontario Teachers’ Pension Plan, Vanderbilt University Endowment, and the University of Illinois Foundation
Bilt Rewards
$150M
New York, NY-based credit card startup

Greycroft, Bain Capital Ventures, Lightspeed, Lip-Bu Tan, Conviction, Recall Capital, Bezos Expeditions, NVentures, HSBC Ventures, and Snowflake Ventures
Contextual AI
$80M
Mountain View, CA-based enterprise AI company

CrimsoNox Capital, Mozilla Ventures, FPV Ventures, Sands Capital, Decibel VC, Booz Allen Hamilton, and AI Fund
Credo AI
$21M
Palo Alto, CA-based AI risk and compliance startup

Accel and Section 32
Ema
$36M
San Francisco, CA-based AI agents startup

Portage, Lumir Ventures, F2 Venture Capital, Viola Ventures, and Munich Re Ventures
Faye
$31.5M
Newark, DE-based travel insurance startup

Centana Growth Partners, MassMutual Ventures, Sandbox Insurtech Ventures, and Forte Ventures

Gradient AI
$56.1M
Boston, MA-based insurance software startup

Prelude Ventures, Carbon Direct Capital, Breakthrough Energy Ventures, and Overture
Graphyte
$30M
Dover, DE-based carbon capture startup

01 Advisors, Baseline Ventures, Haystack Ventures, Octave, Mantis Venture Capital, and Insight Partners
Haus
$20M
San Francisco, CA-based marketing attribution startup

Prosperity7 Ventures, Neotribe Ventures, Hitachi, Tenable Ventures, Carahsoft Technology, Wipro Ventures, SecureOctane, and Alumni Ventures Group
Lineaje
$20M
Saratoga, CA-based supply chain cybersecurity startup

Lux Capital, Starwood Capital Group, Flex Capital, Stellar MLS, REcolorado MLS, and California Regional MLS
Perchwell
$25M
New York, NY-based residential real estate data startup

Evolution Equity Partners, 01 Advisors, StepStone Group, Samsung, Acrew Capital, boldstart ventures, Knollwood Capital, Pelion Ventures, and Salesforce Ventures
Protect AI
$60M
Seattle, WA-based AI and machine learning security company

NightDragon, Bluestone Equity Partners, Caden Capital, Cota Capital, Tru Arrow Partners, and Uncorrelated Ventures
Rhombus
$45M
Sacramento, CA-based physical security startup

Generation Investment Management, Kinnevik, William K Warren Foundation, RRE, and Northzone
Spring Health
$100M
San Francisco, CA-based mental health startup

Breakthrough Energy Ventures, Foxglove Ventures, and GD1
Type One Energy
$82.4M
Knoxville, TN-based fusion energy company

DCVC, Lowercarbon Capital, E12, Decathlon, and SOSV
Unspun
$32M
Oakland, CA-based 3D weaving technology company

|Scherzer Deal Report|
© 2012- SCHERZER INTERNATIONAL | ALL RIGHTS RESERVED
Go to Top