Sunday, October 25, 2020

The Scherzer Deal Report: September 21-27, 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
Kindred Capital London, England £81 m Second fund
L Squared Capital Partners Newport Beach $500M Third growth equity fund
Longitude Capital Boston, MA and Greenwich, CT $585 m Fourth fund


Private Equity Investors Company  Amount Description
KKR 1-800 Contacts Undisclosed Draper, Utah-based contact lens retailer
Thomas H. Lee Partners, Frazier Healthcare Partners Adare Pharma Undisclosed Lawrence Township, NJ-based specialty contract development and manufacturing organization
Gridiron Capital AML RightSource $426.5M Cleveland, OH-based outsourced provider of anti-money laundering and financial crime compliance software
Polaris Partners ARInsights Undisclosed Florida-based provider of SaaS to the analyst relations market
Vector Capital  Patron Undisclosed Wexford, PA-based provider of live and virtual event technology solutions
Odyssey Investment Partners ProPharma Undisclosed Overland Park, KS-based provider of compliance-related pharma services
TCG SketchyMedical $30M Los Angeles, CA-based online medical education company that leverages visual memory techniques
Palladium Equity Partners Trachte USA Undisclosed Oregon, WI-based provider of engineered buildings and hardware for housing electrical and other equipment
The Carlyle Group TriNetX Undisclosed Cambridge, MA-based health research network
The Orogen Group Westcor Undisclosed Maitland, FL-based land title insurance company
Microsoft ZeniMax Media $7.5B Rockville, MD-based parent company of game publishers like Bethesda


Venture Capital Investors Company  Amount Description
Group 42,  BP Ventures Beyond Limits $113M Los Angeles, CA-based industrial AI company
T. Rowe Price, Tiger Global, NEA, Bessemer Venture Partners, Greenspring Associates Bright Health $500M Minneapolis, MN-based health plan startup
Wilshire Lane Partners, Hanaco, Norwest Venture Partners, 8VC, Maveron Common $50M New York-based co-living company
D1 Capital Partners  Goat $100M Los Angeles, CA-based online and physical reseller of collectible sneakers
Canapi Ventures, TTV Capital, Bond, DST Global, Goodwater Capital, Fin VC, Relay Ventures Greenlight Financial $215M Atlanta, GA-based provider of a fintech app and debit card for kids
Goodwater Capital, Founders Fund, Floodgate, Raine Ventures IRL $16M San Francisco, CA-based event discovery startup
Boehringer Ingelheim Venture Fund, Epidarex Capital, Santé Ventures, Yonjin Venture, Dolby Family Ventures, Sixty Degree Capital Libra Therapeutics $29M San Diego, CA-based biotech focused on ALS and other neurodegenerative diseases
Aisling Capital, HBM Healthcare Investments, Cormorant Asset Management, GV, Amzak Health, Casdin Capital, Sixty Degree Capital, Cambridge Asset Management, NEA Monte Rosa Therapeutics $96M Boston, MA-based developer of precision medicines to degrade disease-causing proteins
CapitalG, Munich Re Next Insurance $250M Palo Alto, CA-based digital insurer for small businesses
FP Credit, Oak HC/FT, IA Capital Group NextCapital $30M Chicago, IL-based digital service for retirement planning
Arch Venture Partners, Bluebird Ventures Nutcracker Therapeutics $60M Emeryville, CA-based developer of mRNA therapeutics
Mithril Capital, Marvell, BlackRock, Fidelity, Temasek, Atlantic Bridge, Redline Capital,  Capricorn Investment Group, Dell Technologies Capital, Mayfield, Nepenthe, WRVI Capital Nuvia $240M Santa Clara, CA-based chip design startup
Lightspeed Venture Partners, Reach Capital, USV, SV Angel, FundersClub, YC Outschool $45M San Francisco, CA-based live video platform for online classes
Samsara BioCapital, Roche Venture Fund, Medicxi, Osage University Partners Palladio Biosciences $20M Horsham, PA-based drugmaker focused on orphan kidney diseases
Valar Ventures, Rosecliff Ventures, Afore Capital, RiverPark Ventures, Great Oaks VC, GR Capital, Nelstone Ventures, Abstract Ventures, Ride Ventures, Gramercy Fund, Adventure Collective, Starta Ventures Petal $55M New York-based credit card startup
Josh Buckley, Sequoia Capital Global Equities, Sozo Ventures, Caffeinated Capital, KSK Angel Fund, Mistletoe Singapore, Digital Garage, Will Smith’s Dreamers, Makers Fund Playco $100M Tokyo- and San Francisco-based mobile gaming startup
Andreessen Horowitz, Sequoia Capital, DST Global, Ribbit Capital, 9Yards Capital, D1 Capital Partners Robinhood $460M Menlo Park, CA-based no-fee digital brokerage
Warburg Pincus Salsify $155M Boston, MA-based commerce experience platform for brands
Foxconn, Corning, E Ink, GIS, MRI SigmaSense $22M Austin, TX-based developer of touch screen performance tech
EcoR1 Capital, Boxer Capital, Fidelity, Nantahala Capital, RA Capital, OrbiMed, USVP, Nextech Invest, Hunt Tech Ventures, Pontifax Silverback Therapeutics $85M Seattle, WA-based developer of immune-modulating drug conjugates
DST Global, Dragoneer, Franklin Templeton SpotOn $60M San Francisco, CA-based provider of payments solutions for SMB
Amazon Climate Fund, Meson Capital, BMW iVentures, JLL Spark, Wind Ventures, Future Shape Turntide Technologies $33M Sunnyvale, CA-based developer of “sustainable” electric motors
NEA and Meritech Capital Partners, Lightstone Ventures,  Perceptive Advisors Willow $55M Mountain View, CA-based maker of wearable breast pumps
Insight Partners, Silversmith Capital Partners Within3 $100M Lakewood, OH-based life sciences collaboration platform

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