Activant Capital Group Closes Activant Ventures II at $129 Million
Press Releases
Feb 14, 2018
GREENWICH, Conn., Feb. 14, 2018 /PRNewswire/ — Activant Capital Group, a global growth stage venture capital firm investing in market-leading commerce infrastructure and IoT companies, today announced the final closing of its second fund, Activant Ventures II, with $129 million in committed capital, 70 percent larger than its first fund. Ventures II has already made four investments to date, and the Firm will continue to focus on partnering with world-class entrepreneurs and management teams. Activant Capital Group’s 15-year lock-up on their fund allows the firm to be true long-term partners with entrepreneurs and CEOs. The extended lock-up is a unique attribute, and Activant Capital Group is proud to have investors who support its long-term vision.
Since its inception, Activant Capital Group has invested in 18 technology companies and has had multiple exits for over one billion dollars. The firm invests globally in market leading growth-stage software and hardware businesses in the Commerce and enterprise Internet of things (IoT) sectors, as well as data-heavy businesses in B2B, industrial, agriculture and bio. Activant Capital Group’s team of growth investing experts is composed of both technology investors and operating executives with significant experience scaling technology companies.
“We have carved out a differentiated area within a competitive growth market,” said Steve Sarracino, Founder and Partner at Activant Capital Group. “We provide flexible, long-term capital to our partner companies. Beyond capital, Activant Capital Group is a firm staffed with operators who can further support our partner companies’ founders and CEOs with customer introductions, revenue generating assistance, and strategic and tactical guidance as they transition from an entrepreneurial business to an at-scale enterprise.”
Ventures II will focus on companies with data-heavy business models, marketplaces, and businesses with strong network effects that utilize machine learning and artificial intelligence. Activant Capital Group also believes that 2018 will be a strong year to invest in emerging verticals such as warehouse management, logistics, digital marketplaces, and agriculture technology.
The roster of limited partners includes high quality endowments, foundations, and family offices. The Firm will continue to apply its disciplined, thesis-based approach to investing, and has already deployed almost $50 million from Ventures II. Additionally, Activant Capital Group recently hired COO, Neeta Singh, with a background in both investing and operations to focus on the fund operations and portfolio support.
For more information, please visit: www.activantcapital.com.
About Activant Capital Group
Founded in 2013, Activant Capital Group has invested in a wide array of software companies in its sectors, from logistics to heavy industry and inventory analytics, to mobile-first commerce infrastructure. The firm invests in, and works alongside entrepreneurs at the growth stage, building companies into transformational at-scale enterprises. Activant Capital is focused on investing in commerce infrastructure and enterprise Internet of Things (IoT) as well as growth-stage software, data services and internet businesses.
Media Contact: Jordan Bieber, 212-334-9753 ext 136
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SOURCE Activant Capital