Here is this week’s Deal Report for private equity and venture capital activity for US-based PE and VC firms and portfolio companies, brought to you by Scherzer International.
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Fundraising for PE & VC Funds
Private Equity Deals
WJ Partners
7 Brew
Undisclosed amount
Springdale, AR-based drive-thru coffee chain
Nexphase Capital Partners
Always Best Care
Undisclosed amount
Rocklin, CA-based in-home senior care company
Aquarian
Brighthouse Financial
Undisclosed amount
Charlotte, NC-based life insurer
Consello Capital
CleanBoss
Undisclosed amount
New York, NY-based maker of cleaning and disinfectant products
L Squared
Ergo
Undisclosed amount
New York, NY-based geopolitical and strategic intelligence firm
Brydon Group
Firm Prospects
Undisclosed amount
Scituate, MA-based legal-tech platform
Bonaccord Capital Partners
Kingswood Capital Management
Undisclosed amount
Los Angeles, CA-based private equity firm focused on midmarket buyouts
Five Arrows
NetVendor
Undisclosed amount
Tualatin, OR-based provider of vendor compliance management software
JLL Partners
Parks Medical Electronics
Undisclosed amount
Aloha, OR-based ultrasound manufacturer
Haven Capital Partners and Altaline
Saratoga Compliance Solutions
Undisclosed amount
New York, NY-based insurance compliance platform
Arsenal Capital Partners
ThermoSafe
Undisclosed amount
Arlington Heights, IL-based packaging business
Venture Capital Deals
Allumia Ventures, Artis Ventures, City Light Capital, LifeArc Ventures, and Limitless Ventures
Affect Therapeutics
$26M
McLean, VA-based gamified mental health startup
Goldman Sachs Alternatives, Evolution Equity Partners, and CapitalG
Armis
$435M
San Francisco, CA-based cyber exposure management
Third Rock Ventures, RA Capital Management, Yosemite, and Sozo Ventures
Azalea Therapeutics
$65M
Berkeley, CA-based genomic medicines startup that wants to apply CRISP to in vivo CAR-T
Forbion, OrbiMed, Enavate Sciences, and Frazier Life Sciences
Braveheart Bio
$185M
San Francisco, CA-based developer of therapeutics for hypertrophic cardiomyopathy
Lightspeed Venture Partners, Bessemer Venture Partners, Angular Ventures, and Uncork Capital
DualBird
$25M
Westborough, MA-based data workload acceleration startup
Unity Ventures, Kylinhall Partners, Vision Plus Capital, Xstar Capital, and the founders of Anker Innovations
Evotrex
$16M
Los Angeles, CA-based developer of power-generating RVs
Basis Set Ventures, Patron, USC Viterbi, AME Cloud Ventures, Matt Pittinsky, Afore Capital, and YC
Flint
$15M
New York, NY-based startup building AI tutors for schools
Benchmark
Fomo
$17M
New York, NY-based social crypto trading app
Menlo Ventures, Mayfield, Innovation Endeavors, NVentures, M12, Snowflake Ventures, and Databricks
Inception
$50M
Palo Alto, CA-based developer of diffusion LLMs
Atomic, Foresite Capital, and Polaris Partners
Indomo
$25M
Boston, MA-based provider of at-home prescription dermatology treatments
LionTree, Eldridge Industries, Slow Ventures, DFJ, Vista Credit Partners, SoftBank, and Tekne Capital
Metropolis
$500M
Los Angeles, CA-based tech-enabled parking lot network
A91 Partners and Goldman Sachs Alternatives
MoEngage
$60M
San Francisco, CA-based customer engagement platform for consumer brands
ABL Bio
Neok Bio
$75M
Palo Alto, CA-based cancer drug developer
Catalyst Investors, Battery Ventures, Tower Research Ventures, K Street Capital, and Blu Ventures
Procurement Sciences
$30M
Dunstable, MA-based provider of government contracts software
Khosla Ventures and Kleiner Perkins
Reevo
$70M
Santa Clara, CA-based go-to-market platform
Fortress Investment Group, Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace
Ripple
$500M
San Francisco, CA-based cryptocurrency company behind XRP
Double Point Ventures, Arch Venture Partners, Khosla Ventures, Bezos Expeditions, NTI, METIS, Australian National Reconstruction Fund, T.Rx Capital, QIA, K5 Global, Protocol Labs, and IQT
Synchron
$200M
New York, NY-based non-surgical brain-computer interface startup
Sofreh Capital
Tala Health
$100M
Santa Monica, CA-based developer of an agentic platform for health care
M13, Primary Venture Partners, and Lerer Hippeau
Teleskope
$25M
New York, NY-based data security startup
Intel Capital, a16z, Abstract Ventures, and Lytical Ventures
Truffle Security
$25M
San Francisco, CA-based enterprise credentialing startup
A.P. Moller, Galvanize, Ora Global, and Sequoia Capital
Upway
$60M
New York, NY-based provider of refurbished e-bikes