The Scherzer Deal Report: March 18-25, 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
FMI Investment Partners Durham, NC $26M Debut fund
Fort Ross Ventures Menlo Park, CA $235M Second fund
Mayfield Menlo Park, CA $475M 16th early-stage fund 
Mayfield Menlo Park, CA $275M 2nd opportunities fund
Origami Capital Partners Chicago, IL $520M 4th fund
The Carlyle Group Washington, DC $2.3B 4th Japan buyout fund


Private Equity Investors Company  Amount Description
TA Associates Accion Labs Undisclosed Pittsburgh, PA-based software engineering company
Levine Leichtman Capital Partners Blue Ridge ESOP Associates Undisclosed Charlottesville, VA-based provider of ESOP administration and recordkeeping solutions
OLX Group, Andreessen Horowitz, Warburg Pincus OfferUp $120M Bellevue, WA-based peer-to-peer marketplace for local goods
Marlin Equity Partners SmartLinx Undisclosed Iselin, NJ-based provider of workforce management software for skilled nursing, senior living and post-acute care providers
Gainline Capital Partners SourceHOV Undisclosed Fort Worth, TX-based provider of tax incentive solutions to accounting firms and mid-market companies
MPE Partners Teel Plastics Undisclosed Baraboo, WI-based manufacturer of highly engineered and complex plastic components
The Jordan Co. Transportation Impact Undisclosed Emerald Isle, NC-based provider of software for high-volume shippers
Northlane Capital Partners VMG Health Undisclosed Dallas, TX-based valuation and transaction advisory firm exclusively focused on the healthcare industry


Venture Capital Investors Company  Amount Description
Decheng Capital, Oceanpine Capital Apexigen $65M San Carlos, CA-based developer on cancer antibodies
M12, PayPal, USVP Arkose Labs $22M San Francisco, CA-based provider of online fraud and abuse prevention software
Fidelity, Valor Equity Partners Castle Creek Biosciences $55M Exton, PA-based gene therapy company focused on rare skin conditions
Updata Partners CData $20M Chapel Hill, NC-based provider of data access and connectivity software
Insight Partners, Cisco Investments, Lightspeed Venture Partners, Norwest Venture Partners, Redpoint Ventures Dremio $70M Santa Clara, CA-based “data lake engine” startup
Insight Partners, Wing VC, General Catalyst Espressive $30M Santa Clara, CA-based developer of company help-desk chatbots
Stripe, Index Ventures, Susa Ventures Fast $20M San Francisco, CA-based developer of platform-agnostic login and checkout services
Dell Technologies Capital, Accel Humio $20M London-based log management platform
Casdin Capital, Greenspring Associates, Alexandria Venture Investments, Illumina Ventures, Polaris Partners, The Column Group Kallyope $112M New York-based biotech focused on the “gut-brain axis,”
Notion Capital, Workday Ventures, Foundation Capital, Emergence Capital Mya Systems $18.75M San Francisco, CA-based hiring chatbot
Generation Investment Management,  Breakthrough Energy Ventures, 1955 Capital, Mousse Partners, ADM Ventures, Danone Manifesto Ventures Nature’s Fynd $80M Chicago, IL-based alternative protein startup
B Capital Group, Kleiner Perkins, Khosla Ventures, Accomplice, Top Tier Capital Partners Plastiq $75M San Francisco, CA-based solution for paying bills via credit card
4BIO Capital, Arkin Bio Ventures, Takeda Ventures, New York Ventures, Alexandria Venture Investments Redpin Therapeutics $15.5M New York-based chemo-genetics focused on nervous system diseases
Cobro Ventures, Taiwania Capital, 3E Bioventures Capital, Yonjin Capital, VIVA Biotech Holdings Regenacy Pharma $30M Waltham, MA-based developer of diabetes treatments
Advance, The Chernin Group Scopely $200M Los Angeles, CA-based mobile gaming company
Mann & Hummel, IDEA Fund Partners, Multiplier Capital, Lead Edge Capital, Arsenal Growth, One Better Ventures, Bonaventure Capital SecondNature $16.4M North Carolina-based DTC air purifier and water filter startup
Undisclosed SoftIron $34M London-based developer of data center appliances
Argo Infrastructure Partners, Wafra, Macquarie Capital Principal Finance, Cequel, Ontario Teachers, RedBird Capital Partners, The Stephens Group, Thompson Street Capital Partners TierPoint $320M St. Louis, MO-based data center operator

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