BETA The Capitalization Report v20.03.10 Fund


Keyword for fund version of the report: Elevate Capital, LSP, Imperial College London, Kleiner Perkins, Vertica Capital Partners, Bregal Sagemount, Innovestor, Anthemis, BV Investment Partners,

 

Silicon Valley based venture capital firm Kleiner Perkins has launched its nineteenth fund, KP19, with $700M

Elevate Capital, a Portland, Ore.-based venture capital fund that supports inclusion and diversity by targeting entrepreneur investments in women and minorities that includes founders of color, LGBTQ, immigrants, and veterans, is raising a second fund

LSP, a life sciences investor in Europe, has held its final close of LSP 6 at the $600m hard cap

Imperial College London has launched its first Innovation fund to invest in early-stage, high-growth, knowledge-intensive companies spun out of the world top ten university

Vertica Capital Partners, a NYC-based private equity firm, closed its $205m maiden fund

RTP Global, a global venture capital firm focused on early-stage technology investments, is launching a $650M fund to back tech startups

Bregal Sagemount, a NYC-based growth-focused private equity firm, closed its Bregal Sagemount Fund III, at $1.5 billion

Innovestor, a Helsinki, Finland-based venture capital firm, held the first close of its new B2B Industrial Technology Fund, at €30M

Anthemis, a London, UK and NYC-based venture platform dedicated to investing in the change in financial services, held the first close of its $90m latest discretionary fund

BV Investment Partners, a Boston, MA-based middle-market private equity firm, closed BV Investment Partners Fund X, at $1.1 billion

The Capitalization Report has identified 35 plus new funds.  Contact us at NewFunds@RedHookCapital.co anytime for more information.

PRESS RELEASE FROM KLEINER PERKINS:

Announcing KP19 Thursday, March 5, 2020

We’re excited to announce Kleiner Perkins’ nineteenth venture fund, KP19, with $700M to focus on early stage investments in Enterprise, Consumer, Hardtech, Fintech, and Healthcare companies.

The last few years in venture capital have been incredibly exciting with more amazing entrepreneurs and growing businesses than ever before. The momentum in our industry is palpable, and the opportunity is bigger than ever. Success requires a jedi-like focus and a small, nimble team of dedicated practitioners.

 

 

 

 

BETA: The Capitalization Report v20.02.13


RHC MIT Alumni SPV

Sponsored Ad by RHC7 with goal of MIT alumni co-investing through SPVs.

EDITORS NOTE: Today we focus on recent SaaS deals.  Here are the keywords for us today: SaaS, SaaSWorks, Rimilia, Talage, Powell Software, EquityBee, Spectrum Equity, Morgan Stanley Capital Partners, Kleiner Perkins, KKR Global Impact Fund SCSp

SAAS DEAL FLOW

  • SaaSWorks, a Boston, MA-based company that delivers operational solutions for scaling SaaS businesses, raised $5m in funding.  The round was led by Conversion Venture Capital with participation from unnamed SaaS CEOs, CFOs and executives.
  • Talage, a Reno, Nevada-based SaaS-based digital insurance platform, raised $5 million in Series A funding. Merus Capital led the round and was joined by investors including Calibrate Ventures, WTI and Hallador Investment Advisors. 
  • Rimilia, a U.K.-based SaaS-based fintech company, raised $15 million in funding. Investors include Eight – Roads Ventures, Kennet Partners, and Silicon Valley Bank.
  • Attentive, a personalized mobile messaging SaaS platform for brands, raised $70 million in Series C funding. Sequoia and IVP co-led the round and were joined by investors including Eniac Ventures and NextView Ventures.
  • SimScale, a Germany-based provider of a SaaS application for engineering simulation, today raised €27 million ($29.8 million) in Series C funding. Insight Partners led the round and was joined by investors including Earlybird, Union Square Ventures, June Fund, Vito Ventures, Bayern Kapital, and High-Tech Gründerfonds. 
  • Powell Software, a digital workplace, and intranet SaaS software provider raised $16 million in funding. Level Equity and Cap Horn co-led the round
  • Partnerize, a U.K.-based SaaS partner automation platform, raised $50 million in funding. Accel-KKR led the round.

FUNDS WE KNOW (KNEW)

  • Apax Partners agreed to acquire Cadence Education, a Scottsdale, Ariz.-based provider of early childhood education in North America, from Morgan Stanley Capital PartnersFinancial terms weren’t disclosed. 
  • Nova Credit, a cross-border consumer credit reporting startup, raised $50 million in funding. Kleiner Perkins led the round and was joined by investors including Canapi Ventures and existing investors Index Ventures, General Catalyst, Nyca Partners, Sound Ventures, Alex Rodriguez and U2 guitarist the Edge.
  • Headspace, a global leader in mindfulness and meditation, today announced it raised a total of $93 million in its Series C funding round. The round was led by blisce/, with participation from Waverley Capital and Times Bridge – the global investments and partnerships arm of The Times Group of India – and existing investors The Chernin Group, Spectrum Equity, and Advancit Capital. The new funding includes $53 million of equity from participating investors and $40 million of debt capital from Pacific Western Bank.
  • EquityBee, a Los Angeles-based startup that helps employees with stock options funding, raised $6.6 million in funding. Group11 led the round and was joined by investors including Battery Ventures and LocalGlobe.
  • Snowflake, a San Mateo, Calif.-based cloud-based data warehouse company, raised $479 million at a $12.4 billion valuation. Dragoneer Investment Group led the round and was joined by investors including Salesforce Ventures, Altimeter Capital, ICONIQ Capital, Madrona Venture Group, Redpoint Ventures, Sequoia Capital, and Sutter Hill Ventures.
  • Cherre, a New York-based real estate data, and analytics platform, raised $16 million in funding.  Intel Capital led the round and was joined by investors including Navitas Capital, Carthona Capital, Zigg Capital, Dreamit Ventures, and Silicon Valley Bank.
  • Worlds, a Dallas-based spatial AI company spun out of Hypergiant Sensory Sciences, raised $10 million in Series A funding.  Align Capital led the round and was joined by investors including Chevron Technology Ventures, PIVA, and Hypergiant Industries.

OTHER NEWS OF INTEREST

  • KKR, a New York-based global investment firm, raised $1.3 billion for its KKR Global Impact Fund SCSp.
  • Global bank Citi launched a $150m impact fund designed to make equity investments in private sector companies that have a positive impact on society
  • Praetorian, an Austin-based cybersecurity company, raised $10 million in Series A funding. Investors include Bill Wood Ventures and McKinsey & Company.

PRESS RELEASE PICKED BY EDITOR

KKR Closes $1.3 Billion Global Impact Fund, Fund to Invest in Solutions-Oriented Businesses, February 12, 2020 07:00 AM Eastern Standard Time

NEW YORK–(BUSINESS WIRE)–KKR, a leading global investment firm, today announced the final closing of KKR Global Impact Fund SCSp (“KKR Global Impact” or the “Fund”), a $1.3 billion fund dedicated to investment opportunities in companies whose core business models provide commercial solutions to an environmental or social challenge.

Read More: https://www.businesswire.com/news/home/20200212005060/en/

Repost – IND Pipeline 20181211


REPOST from Investor Network Destinations >> IND Pipeline 20181211

#indpick Plaid, a San Francisco-based fintech company, raised $250 million in Series C funding.  Mary Meeker led the round (from Kleiner Perkins’ growth fund), and was joined by investors including Andreessen Horowitz, Index Ventures, Goldman Sachs, NEA, and Spark Capital.

OTHER DEALS OF INTEREST

  • Tomahawk Robotics, a Melbourne, FL-based startup bringing advanced robotic control systems to enterprise markets, raised $2.4m in seed funding

  • GenEdit, Inc., a Berkeley, CA-based developer of novel polymer nanoparticle technology platform for non-viral-based delivery of gene therapeutics, completed an $8.5m seed financing

  • WhyHotel, a Washington, D.C.-based alternative lodging service that operates pop-up hotels in newly built, luxury apartment buildings, secured $10M in Series A funding

FOR OTHER DEALS CLOSED

https://investornetworkdestinations.com/ind-pipeline-20181211/

PEG Pipeline ( aka Deals that close)


We would be happy to host a two day strategy session here in San Diego or Washington, DC should you need talk growth strategies.  When you have $5 million plus in EBITDA, you have a lot good options for your company.

Below are example of private equity group deals that closed or are in the works!  Text JD at 858-869-9483 anytime.

PEG PIPELINE

• The Blackstone Group is nearing a $1.8 billion agreement to purchase the U.S. real estate assets of Swedish pension manager Alecta, according to Bloomberg.

• Brixey & Meyer Capital has acquired Stillwater Technologies, a Troy, Ohio-based provider of precision machining and resistance welding solutions to multiple industries, from Bill and Wanda Lukens. No financial terms were disclosed.www.stlwtr.com

• Cogentrix Solar Holdings, a Charlotte, N.-based portfolio company of The Carlyle Group, has agreed to sell a Colorado solar power plant to Korea Electric Power Corp. for an undisclosed amount. KEPCO and Carlyle also signed a separate power company development partnership.

• CVC Capital Partners has agreed to acquire a 15% stake in Indonesian hospital operator PT Siloam International Hospitals for around $166 million from majority owner PT Lippo Karawaci.

• MBK Partners has abandoned plans to acquire Japanese golf course operatorAccordia Golf Co. (Tokyo: 2131) after a recent spike in the company’s stock price, according to Reuters. The deal would have valued Accordia at upwards of $1.6 billion. Read more.

• Nutanix, a San Jose, Calif.-based provider of datacenter infrastructure solutions, has agreed to acquire PernixData and has completed an acquisition of Calm.io. No financial terms were disclosed for either deal. PernixData is a San Jose, Calif.-based maker of software that aggregates all the flash-based storage that comes with servers into one sharable pool. Its backers include Menlo Ventures, Kleiner Perkins and Lightspeed Venture Partners. Calm.io is an India-based data center automation company that had been backed by Sequoia Capital India. Nutanix, which filed for an IPO last December, has raised over $300 million in VC funding from firms like Lightspeed.

• Quadrant Private Equity has acquired WorldMark, an Australian provider of auto add-on products like window tint to car dealerships, from Navis Capital Partners. No financial terms were disclosed. Read more.

• TDR Capital has hired Goldman Sachs and ABG Sundal Collier to find a buyer for Norwegian cruise operator Hurtigruten ASA, according to Bloomberg. Possible suitors reportedly include Bain Capital, EQT Partners and TPG Capital. Hurtigruten is generating around €135 million in annual EBITDA.

• TriStyle Mode GmbH, a German direct fashion retailer owned by Equistone Partners Europe, has acquired Long Tall Sally, a UK-based long/tall women’s apparel maker. No financial terms were disclosed. The seller was Amery Capital.www.longtallsally.com

KKR

• Nutanix, a San Jose, Calif.-based provider of datacenter infrastructure solutions, has agreed to acquire PernixData and has completed an acquisition of Calm.io. No financial terms were disclosed for either deal. PernixData is a San Jose, Calif.-based maker of software that aggregates all the flash-based storage that comes with servers into one sharable pool. Its backers include Menlo Ventures, Kleiner Perkins and Lightspeed Venture Partners. Calm.io is an India-based data center automation company that had been backed by Sequoia Capital India. Nutanix, which filed for an IPO last December, has raised over $300 million in VC funding from firms like Lightspeed.

Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Reuters, and other sources.  Please check company website for best information.

Contact JD Morris anytime via text 858-869-9483 about $4 million plus EBITDA deals.  Our network of deal people can do billion dollar to just few million dollar M&A deals.

Happy Networking,

JD Morris

JD Morris

Join me on LinkedIN: https://www.linkedin.com/in/jdmorris

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In investing, what is comfortable is rarely profitable.


We give our hats off to Venture Capital firms today with the quote from Robert Arnott! “In investing, what is comfortable is rarely profitable.” – Robert Arnott

RED HOOK CAPITAL TOP DEAL FLOW:

  • 1.18 acres land deal in Carlsbad, CA with Ocean, Lagoon, and La Costa Resort golf course views for development ( www.TheMorrisTeam.com is the syndication contact ).
  • Android gaming system company  ( JD Morris is the syndication contact ).
  • Music artist direct sales portal  ( JD Morris is the syndication contact ).

DEALS THAT CLOSED:

  • Bespoke Post, a subscription-based e-commerce startup, raised $850,000 in seed funding from Great Oaks VC, 500 Startups, Brad Harrison Ventures, 1-800 Flowers’ investing arm, and several angels.
  • Centzy, a search engine for local businesses, raised $1.6 million in seed funding from Cowboy Ventures, Founder Collective,Lightbank, ff Venture Capital, and strategic angels found on AngelList.
  • Choose Energy, which allows consumers to compare electricity plans, raised a $4 million Series A fundraising round from KPCB and Stephens Capital Partners.
  • Deliv, a same-day delivery service, closed a $1 million seed funding round. The funding came from General Catalyst, Redpoint Ventures, Trinity Ventures, Operators Fund, and PivotNorth.
  • Fanzy, a marketing app company, raised $550,000 in seed funding from Kima Ventures, Paolo Rubatto’s Start Capital, and OREFA.
  • GreenLancer, a web-based solar energy engineering company, secured more than $275,000 in private funding from a syndicate of Michigan-based investors.
  • Joyride, maker of voice-activated mobile apps, raised $1 million in seed funding from Freestyle Capital, Cowboy Venture Fund, and angel investor Seth Goldstein.
  • Rev.com, a freelance marketplace, raised $4.5 million in Series A financing led by Globespan Capital, with participation from Craig Sherman and Austin Ligon.
  • Pasteurization Technology Group (PTG), raised $5 million in funding from Canadian-based EIC Ventures, as well as Kennington.
  • Playdek, a gaming publisher, raised $3.8 million in Series A funding led by Qualcomm Incorporated, with participation from IDG Ventures, ff Venture Capital, Deep Fork Capital, Greycroft Partners, Jarl Mohn and angel investors.
  • Simpler, an employee onboarding company, raised $1.25 million from Andreessen Horowitz, Kleiner Perkins, Khosla Ventures, SV Angel, Data Collective, AngelPool, Kenny Van Zant, Alex Bard, Gary Benitt, Elad Gil, Sid Henderson and Formation8.
  •  Sherpa, a virtual personal assistant app for Android-powered mobile devices, raised a $1.6 million seed round. The money came from unnamed angel investors.
  • Showpad, a service that turns tablets into sales and presentation tools, raised a $2 million Series A funding round from Hummingbird Ventures.
  • SoSocio, an app that lets users turn their Facebook photos into books, raised $600,000 in second round funding from a European consortium of private investors led by VC Brooklyn Ventures from The Netherlands.

Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Rueters, and other sources.  Please check company website for best information.

Happy Investing & Networking,

JD Morris

 

JD Morris

SOCIAL NETWORKING:

Facebook URL: https://www.facebook.com/InvestorNetwork

LinkedIN URL: http://www.linkedin.com/groups/Investor-Network-JD-Morris-Accredited-53760/about

Key Words:

Bespoke Post, , Brad Harrison Ventures, Cowboy Ventures, Founder Collective,Lightbank, Choose Energy, KPCB, Stephens Capital Partners, Deliv, General Catalyst, Redpoint Ventures, Trinity Ventures, Operators Fund, PivotNorth, Fanzy, Kima Ventures, OREFA, GreenLancer, Joyride, Freestyle Capital, Cowboy Venture Fund, Seth Goldstein, Rev.com, Globespan Capital, Craig Sherman, Austin Ligon, Pasteurization Technology Group (PTG), EIC Ventures, Kennington, Playdek, IDG Ventures, ff Venture Capital, Deep Fork Capital, Greycroft Partners, Jarl Mohn, Andreessen Horowitz, Kleiner Perkins, Khosla Ventures, SV Angel, Data Collective, AngelPool, Kenny Van Zant, Alex Bard, Gary Benitt, Elad Gil, Sid Henderson, Formation8,  Sherpa, Hummingbird Ventures, SoSocio, VC Brooklyn Ventures, Red Hok Capital, JD Morris, Land Deal, Angel Deal, Venture Capital Deal