Volition Capital, a Boston, MA-based technology and consumer growth equity firm, closed two funds, totalling $600m.
The funds include:
- Volition Capital Fund IV, L.P. with $400 million in capital commitments, with limited partners across the endowment, foundation, hospital, fund-of-fund, pension, and family office communities, and
- its inaugural Volition Capital Select Fund I, L.P. with $200m in capital commitments.
With the launch of Fund IV, the firm will maintain its core investment focus in high growth, principally bootstrapped companies with $5 million – $50+ million in revenue in the software, Internet, and consumer sectors.
Select Fund I is a new vehicle with the primary focus of supporting the most promising portfolio companies that warrant larger capital investment.
Volition will maintain its focus of investing $10 million to $50+ million per company while being an active partner and Board member to its portfolio companies.
Founded in 2010 and led by Roger Hurwitz and Sean Cantwell, the firm has invested in over 30 companies in the United States and Canada. Its portfolio spans software, Internet, and consumer sectors with current investments including Arteza, Assent Compliance, Burst Oral Care, Connatix, GRAX, LoanLogics, Recycle Track Systems, Securonix, and Tracelink. Notable exits include Chewy, GlobalTranz, Insite Software, iPipeline, Velocify, and VisualIQ. Volition has over $1.1 billion in assets under management.
FinSMEs
19/12/2019