In 1984 was created Summit Partners, which is appeared as VC. The main department of described VC is located in the Boston. The venture was found in North America in United States.
The usual cause for the fund is to invest in rounds with 1-2 partakers. Despite the Summit Partners, startups are often financed by Rocket Internet, HV Holtzbrinck Ventures, TEV | Tengelmann Ventures. The meaningful sponsors for the fund in investment in the same round are Kinnevik AB, Rocket Internet, TEV | Tengelmann Ventures. In the next rounds fund is usually obtained by Kinnevik AB, TEV | Tengelmann Ventures, Rocket Internet.
Speaking about the real fund results, this VC is 3 percentage points more often commits exit comparing to other organizations. Opposing the other organizations, this Summit Partners works on 31 percentage points more the average amount of lead investments. The common things for fund are deals in the range of 50 - 100 millions dollars. The fund is constantly included in 7-12 deals per year. The top amount of exits for fund were in 2018. The top activity for fund was in 2013. Despite it in 2019 the fund had an activity. The typical startup value when the investment from Summit Partners is more than 1 billion dollars.
We can highlight the next thriving fund investment areas, such as Information Technology, E-Commerce. Among the most popular portfolio startups of the fund, we may highlight Uber, Infor, Avast. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. The fund has no specific favorite in a number of founders of portfolio startups. If startup sums 4 or 5+ of the founder, the chance for it to be financed is low. Besides, a startup requires to be at the age of 6-10 years to receive the investment from the fund.
The fund was created by E. Roe Stamps, Gregory Avis, Stephen Woodsum. Besides them, we counted 10 critical employees of this fund in our database.
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Notable deals
Company | Industry | Round Size | Date | Investors | Location |
Hyperlight | $37M | 23 Sep 2024 | Cambridge, Massachusetts, United States | ||
Forme Financial | $200M | 10 Jul 2024 | New York, New York, United States | ||
Celcoin | $125M | 18 Jun 2024 | Barueri, São Paulo, Brazil | ||
PostPilot | 05 Jun 2024 | Greenville, South Carolina, United States | |||
Netgain Solutions | $35M | 03 Apr 2024 | Littleton, Colorado, United States | ||
Imagen | $30M | 19 Dec 2022 | Tel Aviv, Tel Aviv, Israel | ||
Immersive Labs | $66M | 12 Oct 2022 | Bristol, England, United Kingdom | ||
onxMaps | $87M | 04 Oct 2022 | Heart of Missoula, Montana, United States | ||
PriceLabs | $30M | 28 Jul 2022 | Chicago, Illinois, United States |
– TurningPoint Healthcare Solutions, a Lake Mary, Fla.-based leader in advanced clinical and technology-enabled complex care management, received a growth funding of undisclosed amount.
– The round was led by Summit Partners, with participation from Oak HC/FT and existing investor Sopris Capital.
– The new investment will enable the company to expand into areas of healthcare, enhance its innovative technology and product offering, and expand its geographic presence.
– Odoo, a Belgium-based provider of open-source-based business software that ranges from inventory management and ERP to human resources and CRM software, marketing tools and more, some 30,000 in all, raised $215m funding.
– The round was led by Summit Partners.
– It brings Odoo to a valuation of over €2 billion.
– With 7 million users on its platform, Odoo is a prime example of the strong payoffs to be had from economies of scale in the most successful open-source projects, but it’s also doing so with a twist.
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Latest deals
Company | Industry | Round Size | Date | Investors | Location |
Hyperlight | $37M | 23 Sep 2024 | Cambridge, Massachusetts, United States | ||
Forme Financial | $200M | 10 Jul 2024 | New York, New York, United States | ||
Celcoin | $125M | 18 Jun 2024 | Barueri, São Paulo, Brazil | ||
PostPilot | 05 Jun 2024 | Greenville, South Carolina, United States | |||
Netgain Solutions | $35M | 03 Apr 2024 | Littleton, Colorado, United States | ||
Imagen | $30M | 19 Dec 2022 | Tel Aviv, Tel Aviv, Israel | ||
Immersive Labs | $66M | 12 Oct 2022 | Bristol, England, United Kingdom | ||
onxMaps | $87M | 04 Oct 2022 | Heart of Missoula, Montana, United States | ||
PriceLabs | $30M | 28 Jul 2022 | Chicago, Illinois, United States |