PeakSpan Capital, a Burlingame, CA- and NYC-based investment firm focused on growth-stage business-to-business software companies, raised $265m in second fund.
Founded in 2015 by Phil Dur, Brian Mulvey, and Matt Melymuka, PeakSpan Capital is a growth equity firm focused exclusively on growth stage, B2B/enterprise software companies. It combines relationship-driven, domain-centric, and focused approach to working with companies with an application of enriched data and technology-assisted processes across the entire investment lifecycle (from origination through partnership value-add).
The firm focuses on a tight portfolio of market segments where it invests exclusively and develops meaningful specialization and domain expertise. In addition, PeakSpan has a unique emphasis on emerging growth-stage companies that have demonstrated product-market fit and are seeing strong traction, but need to continue scaling with consistent execution.
The firm closed its inaugural fund in 2015, partnering with 12 businesses.