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
Avenue Capital Group
$1B
Debut sports fund
Better Tomorrow Ventures
$140M
Third fintech-focused fund
Blackstone
$10B
Third Asia buyout fund
Blue Sage Capital
$287M
First strategic credit fund
Boost VC
$87M
Fourth fund
Gemspring Capital Management
$1.1B
Second growth solutions fund
Hughes & Co.
$260M
Second PE fund focused on health-care softwqare and tech-enabled services
Radian Capital
$600M
Fourth fund
Private Equity Deals
Northern Horizon
ACG Systems
Undisclosed amount
Annapolis, MD-based wireless communications systems integrator and technical services provider
Nuveen
Ally Energy Solutions
Undisclosed amount
Houston, TX-based industrial energy services company
Wynnchurch Capital
Charter Industries
Undisclosed amount
Grand Rapids, MI-based provider of provider of edgebanding products
Sunstone Partners
Clearwater
Undisclosed amount
Nashville, TN-based provider of cybersecurity and compliance solutions for health care
Sheridan Capital Partners
Currier Plastics
Undisclosed amount
Auburn, NY-based maker of custom precision plastic components for health care and life sciences
Spectrum Equity
CyberCube
Undisclosed amount
San Francisco, CA-based risk modeling SaaS
Palm Peak Capital
Domaille Engineering
Undisclosed amount
Rochester, MN-based provider of equipment for manufacturing pre-terminated fiber optic cables
Eagle Merchant Partners
ES Integrated
Undisclosed amount
Charleston, SC-based provider of industrial cleaning, environmental, and waste services
Serata Capital Partners
EventLink Group
Undisclosed amount
Sterling Heights, MI-based experiential marketing platform
TA Associates
FinQuery
Undisclosed amount
Atlanta, GA-based provider of accounting automation software
Revelstoke
Griffin Concierge Medical
Undisclosed amount
Tampa, FL-based membership-based primary care practice
One Equity Partners
McNichols
Undisclosed amount
Tampa, FL-based distributor of specialty metals and fiberglass products
Lovell Minnick Partners
Merchant Industry
Undisclosed amount
Long Island City, NY-based provider of payment acceptance solutions
Rockbridge
Miles Mediation & Arbitration
Undisclosed amount
Atlanta, GA-based dispute resolution provider
Artemis
Millrock Technology
Undisclosed amount
Kingston, NY-based maker of freeze-drying instruments
Mubadala Capital
Silver Rock Financial
Undisclosed amount
Los Angeles, CA-based credit manager
Signal Rock Capital
Thermae Retreat
Undisclosed amount
Fort Lauderdale, FL-based spa operator
Lovell Minnick Partners
Valor PayTech
Undisclosed amount
Jericho, NY-based point-of-sale software and payment tech company
Venture Capital Deals
Peak XV Partners, YC, and Uncorrelated Ventures
Alex
$17M
San Francisco, CA-based AI recruiter
RTP Global, Alpha Square Group, Titanium Ventures, Picus Capital, and Bonfire Ventures
Alvys
$40M
Solana Beach, CA-based management system for freight operators
Lightspeed, First Round, Chemistry, Felicis, A*, Liquid 2 Ventures, and Quiet Capital
Assort Health
$76M
San Francisco, CA-based patient communications automation startup
Thomvest Ventures and Matrix Partners
Baselane
$20M
New York, NY-based banking and financial platform for real estate investors
Pfizer Ventures, LG Corp, Amgen Ventures, Finchley, Global BioAccess Fund, Lotte Holdings CVC, a16z, 8VC, Wing Venture Capital, Catalio, AME Cloud Ventures, Artis Ventures and Gaingels
Cartography Biosciences
$67M
San Carlos, CA-based developer of colon cancer therapies
Novo Holdings, Catalys, SR One, Lightstone VC, Longwood Fund, and Alexandria Venture Investments
Crystalys Therapeutics
$205M
San Francisco, CA-based biotech focused on gout
Accel, Cherry Ventures, and Dig Ventures
Dash0
$35M
New York, NY-based GenAI observability platform
Notable Capital, Lightspeed, Dell Technologies Capital, Unusual Ventures, Cerca Partners, and Triventures
Descope
$35M
Los Altos, CA-based authentication platform
Lightspeed, Khosla Ventures, GV, Contrary, and Vesey Ventures
DualEntry
$90M
New York, NY-based ERP startup
Spark Capital, a16z, Lightspeed, and Menlo Ventures
Eve
$103M
San Mateo, CA-based AI platform for plaintiff law firms
Addition, NEA, D. E. Shaw, Hetz Ventures, and Illuminate Financial
Flox
$25M
New York, NY-based software lifecycle startup
Brevan Howard Digital, CoinFund, DWF, FalconX, Hypersphere, Lemniscap, Nascent, Republic Digital, Selini, Sigil Fund, Susquehanna Crypto, Tioga Capital, and Virtuals Protocol
Flying Tulip
$200M
New York, NY-based on-chain exchange
Advance Venture Partners
Midi
$50M
San Francisco, CA-based provider of women’s virtual care
HV Capital, Atomico, Firstminute Capital, and System.One
Mondoo
$17.5M
San Francisco, CA-based provider of agentic vulnerability management solutions
AIX Ventures, Threshold, and NVentures
Moonlake AI
$28M
San Francisco, CA-based AI research lab
Dawn Capital
Oneleet
$33M
Beaverton, OR-based security compliance platform
Lightspeed, Fuse, and EQT Ventures
Paid
$21.6M
Marlborough, MA-based provider of billing solutions for agent-makers
A16z, a16z, DST, Nvidia, Accel, Elad Gil, Jeff Dean, Eric Schmidt, and Jeff Bezos
Periodic Labs
$300M
San Francisco, CA-based AI scientist startup
Collaborative Fund, Sony Innovation Fund, Helena, Index Ventures, and Nvidia
Phaidra
$50M
Seattle, WA-based provider of AI agents that help manage data centers
Maple Park Capital Partners
Prep Network
$30M
Plymouth, MN-based collegiate athlete recruiting and live events platform
Centana Growth Partners and OMI Capital
RunBuggy
$37M
Tempe, AZ-based platform connecting car shippers and haulers
Bluestone Equity Partners, Silverton Partners, and Next Coast Ventures
Scorability
$40M
Austin, TX-based software platform for college sports recruiting and evaluation
Sanofi Ventures, Viking Global, Janus Henderson, Frazier Life Sciences, GordonMD Global Investments, Agent Capital, Blue Owl Capital, Catalio Capital Management, Cormorant, New Leaf Venture Partners, NYBC Ventures, OrbiMed, QIA, RA Capital Management, Redmile Group, Sofinnova Investments, Soleus Capital and Westlake BioPartners
Star Therapeutics
$125M
South San Francisco, CA-based biotech focused on bleeding disorders
Accel and Peak XV
Supabase
$100M
Postgres database management system
Health Velocity Capital and Kaiser Permanente Ventures
SureCo
$23M
Santa Ana, CA-based ICHRA administrator
Accel, GIC, BlackRock, StepStone, and Khosla Ventures
Vercel
$300M
Covina, CA-based front-end cloud development platform
Hedosophia, Elaia, and Singular
Vibe.co
$50M
Chicago, IL-based streaming ad platform
Noro-Moseley Partners, Cigna, Intermountain Ventures, Flare Capital Partners, and Frist Cressey Ventures
Visana Health
$24M
Minneapolis, MN-based provider of virtual women’s care