Sunday, January 24, 2021

The Scherzer Deal Report: November 13-19, 2020


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.


PE and VC Firms Fundraising Location Amount Description
Bentley iTwin Ventures Exton, PA $100M Debut Fund
Better Tomorrow Ventures San Francisco, CA $75M Debut Fund
Council Capital Nashville, TN $200M Fourth Fund
NextView Ventures Boston, MA $89M Fourth Fund
Quid San Francisco, CA $320M Debut employee loan fund
Round Hill Music Royalty Partners New York, NY $291M Third fund
Searchlight Capital Partners New York, NY $3.4B Third private equity fund
STG Partners Palo Alto, CA $2B Sixth tech-focused private equity fund
Thomas H. Lee Partners  Boston, MA $900M THL Automation Fund. L.P.


Private Equity Investors Company  Amount Description
Arsenal Capital Partners Best Value Healthcare Undisclosed Lakeland, FL-based primary care platform focused on Medicare Advantage
DW Healthcare Partners CareXM Undisclosed Lehi, UT-based provider of virtual care and patient engagement solutions for post-acute and non-acute health care providers
American Securities Foundation Building Materials  $1.37B Santa Ana, CA-based distributor of specialty buildings products like wallboard, suspended ceiling systems, metal framing
Royal Ahold Delhaize FreshDirect Undisclosed New York, NY-based online grocer
The Home Depot HD Supply Holdings $8B Atlanta, GA-based building products company
Sun Capital Partners Miami Beach Medical Group Undisclosed South Florida-based provider of health care services to Medicare Advantage plan members
Clearlake Capital Group PrimeSource Undisclosed Irving, TX-based distributor of specialty building materials
OMERS Private Equity Turnpoint Undisclosed Louisville, KY-based HVAC, plumbing and electrical services firm
Clearlake Capital Group WellPet Undisclosed Tewksbury, MA-based natural petfood company
KKR Zeus Health $100M Newly formed medical device acquisition platform


Venture Capital Investors Company  Amount Description
Coatue, Decibel Ventures, Index Ventures Abacus.AI $22M San Francisco, CA-based developer of AI module
Menlo Ventures, Greylock Abnormal Security $50M San Francisco, CA-based email security startup
Sapphire Ventures, Elsewhere Partners ActivTrak $50M Austin, TX-based workforce monitoring tool
OMRON, Khosla Ventures, WP Global Partners, Qualcomm Ventures, Bold Capital Partners AliveCor $65M Mountain View, CA-based provider of mobile electrocardiogram technology
Eldridge CAIS $50M New York, NY-based alternative investing platform
Dragoneer, Brookfield Technology Partners, DCVC, Builders VC Carbon Health $100M San Francisco, CA-based healthcare provider startup
Vickers Venture Partners, 212, Streamlined Ventures, Alumni Ventures Group, Waterman Ventures Chooch.ai $20M San Francisco, CA-based enterprise computer vision startup
Insight Partners CloudBolt Software $35M Bethesda, MD-based self-service hybrid cloud platform
GS Growth, Salesforce Ventures Cogito $25M Boston, MA-based provider of real-time emotional intelligence solutions
Altimeter Capital,  T. Rowe Price, Blackrock, Silverlake, NEA, Tiger Global DataRobot $270M Boston, MA-based enterprise AI platform
VenBio Partners, Cormorant Asset Management, Boxer Capital, Janus Henderson, Samsara Biocapital, Vivo Capital, Aisling Capital, Vertex Ventures HC, Qiming Venture Partners USA, Driehaus Capital Management, BVF Partners Elevation Oncology $65M New York, NY-based biotech focused on genomically defined cancers
Breakthrough Energy Ventures, The Engine, Prelude Ventures Form Energy $70M Somerville, MA-based developer of battery systems for long-term storage of wind and solar energy
Thrive Capital, GV, Accel, GFC, IA Ventures Headway $26M New York, NY-based software platform that helps therapists accept insurance and helps patients find those therapists
General Catalyst, Khosla Ventures, Arbor Ventures Heyday $175M San Francisco, CA-based startup focused on accelerating consumer product brands on digital marketplaces like Amazon
Travelers, State Farm Ventures, Nationwide Hover $60M San Francisco, CA-based data platform for home improvement and property insurance pros
Valor Equity Partners, Marcy Venture Partners, Atreides Management, PICO Venture Partners, 14W, Max Ventures K Health $42M New York, NY-based digital primary care startup
Quan Capital, 6 Dimensions Capital, Qiming Venture Partners, Sinopharm Capital Kira Pharma $46M Cambridge, MA-based developer of therapies for immune-mediated diseases
Accel, Summit Partners Klaviyo $200M Boston, MA-based marketing automation firm
BBGI Manus Bio $75M Cambridge, MA-based developer of complex natural products through advanced fermentation
Bayer, Humboldt Fund, Sozo Ventures, Agent Capital, InCube Ventures, HOF Capital Metagenomi $65M Emeryville, CA-based gene editing company
SoftBank, Norwest Venture Partners, Accel Partners, Canaan, NEA, NewView Capital, Qualcomm Ventures MindTickle $100M San Francisco, CA-based sales readiness plaform
WTT Investment, DCVC Bio, Valor Equity Partners, Humboldt Fund, Gruss & Co., Novo Holdings, 8VC, SOSV, AgFunder, Wireframe Ventures, Tony Fadell, John Legend, Natalie Portman MycoWorks $45M Emeryville, CA-based developer of a leather alternative
Apple Tree Partners Nereid Therapeutics $50M Boston, MA-based biotech focused on biomolecular condensates
Susquehanna Growth Equity Realync $22M Chicago, IL-based virtual leasing platform for multifamily real estate
TCV, Sequoia Capital, Dragoneer, Madrone Capital Partners, Jackson Square Ventures, Go4it Capital Strava $110M San Francisco, CA-based social platform for fitness
Jackson Square Ventures Trust & Will $15M San Diego, CA-based estate planning platform
MPM Capital, Qiming Venture Partners USA Umoja Biopharma $53M Seattle, WA-based developer of immunotherapies for blood cancer and pediatric osteogenic sarcoma
Cathay Innovation, GreatPoint Ventures, Breyer Capital, Omega Venture Partners, Greycroft, Lerer Hippeau, Interlock Partners, Mark VC, ATX Venture Partners ZenBusiness $55M Austin, TX-based software platform for launching new businesses
SignalFire ZeoTap $18.5M New York, NY-based customer intelligence platform

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