San Mateo, California, USA, Could twentieth, 2025, FinanceWire
● Second flagship fund closed above the unique laborious cap with sturdy help from current traders and new traders comprising greater than two-thirds of capital
● 83% of accomplished investments have been sourced with in-house developed AI platform, DIANE
● Invictus empowers beforehand bootstrapped cloud software program, cybersecurity, and fintech corporations with devoted working and knowledge science sources
Invictus Growth Partners (“Invictus”), a number one non-public fairness agency targeted on progress buyouts of decrease middle-market enterprise software program companies within the cloud software program, cybersecurity, and fintech sectors, introduced the ultimate closing of Invictus Progress Fund II, L.P. (“Fund II”), with whole capital commitments of $574 million in its core fund and associated co-investment funds. Fund II was oversubscribed at $488 million in fund commitments, surpassing each its goal of $350 million and the unique laborious cap of $450 million.
“We’re honored and grateful for the help from our returning and new traders, which embody pension plans, endowments, foundations, insurance coverage corporations, healthcare establishments, and household workplaces,” stated John DeLoche, Invictus Co-founder and Managing Associate. “The early help and management from our current traders helped to drive investor demand and facilitate a profitable fundraise regardless of a difficult setting.”
“We’ll proceed our technique of bringing a partnership method and deep working experience and sources to our portfolio corporations to assist them scale,” stated William Nettles, Invictus Co-founder and Managing Associate. “This consists of our world class group’s stewardship, machine learning-powered GTM operational enhancements via our DIANE platform, and the help of a devoted portfolio firm success group, the Invictus Guild.”
Invictus’ Fund II obtained sturdy help from current traders, and new traders made up greater than two thirds of whole dedicated capital, broadening the diversification of the agency’s world class institutional restricted associate base.
Invictus has accomplished twelve platform investments and add-on acquisitions in its focus areas of enterprise cloud software program, cybersecurity, and fintech. The agency targets corporations with at the least $10 million of annual recurring income which have been bootstrapped or have annual recurring income higher than fairness capital raised. Invictus targets corporations with sturdy product market match which can be worthwhile or practically worthwhile on the time of funding.
Ten of the twelve accomplished investments have been sourced with DIANE, Invictus’ proprietary machine learning-powered outbound gross sales engine for B2B use instances. DIANE is an acronym for Deal Intelligence Evaluation Neural Engine, and was constructed in-house at Invictus beginning in 2019. Invictus is now on its third era of machine studying for operational enhancements powered by DIANE. The primary era targeted on in-house funding sourcing. The second and third generations give attention to GTM operational enhancements that are solely accessible to Invictus portfolio corporations. Portfolio corporations have seen a 90% improve in direct gross sales effectivity leveraging the platform, which additionally offers entry to 1000’s of potential new enterprise prospects.
Portfolio corporations additionally profit from entry to the Invictus Guild, a group of working executives who’ve expertise working at a few of the most profitable know-how corporations. Invictus Guild Members function throughout ten disciplines which can be essential for scaling know-how corporations, together with gross sales, advertising, buyer success, enterprise growth, company growth, knowledge science, human sources, product growth, finance, and CEO coaches. They function mentors, operational advisors, and sources of finest practices and expertise for Invictus portfolio corporations. In addition they make investments personally in each portfolio firm.
Zaid Abdul-Aleem, Invictus Associate and Head of Associate and Capital Options, led the Fund II fundraise whereas Cooley served as Authorized Advisor.
Customers can study extra at invictusgrowth.com.
About Invictus Progress Companions
Invictus Growth Partners is a buyout and progress fairness agency that invests in excellent, bootstrapped, capital-efficient, automation-enabled cloud software program, cybersecurity, and fintech corporations. The agency is devoted to supporting corporations in search of capital and strategic sources to speed up their progress.
Contact
Associate and Head of Operations
Heather Brien
Invictus Progress Companions
[email protected]
