
Eastward Capital Partners
Description
Eastward Capital Partners is a well-established U.S.-based venture debt firm, headquartered in West Newton, Massachusetts. The firm specializes in providing non-dilutive growth capital primarily to companies in the IT, communications, alternative energy, and healthcare sectors. Their strategic focus is on offering flexible debt solutions that enable high-growth technology and life sciences companies to extend their cash runway, achieve critical milestones, and minimize equity dilution, often complementing traditional venture capital funding rounds.
With a history spanning over two decades, Eastward Capital has built a strong track record of supporting innovative businesses. They are recognized for their deep industry knowledge and their ability to structure tailored financing solutions that align with the specific needs and growth trajectories of their portfolio companies, acting as a strategic partner beyond just capital provision.
The firm has demonstrated significant scale and activity throughout its tenure, having invested over $2 billion across more than 200 companies since its inception. Their typical first check sizes range from $5 million to $50 million, catering to a wide spectrum of growth-stage businesses. A recent milestone includes the successful closing of Eastward Fund X in 2021, which secured $250 million in commitments, further solidifying their capacity to deploy substantial capital and continue their investment strategy.
Investor Profile
Eastward Capital Partners has backed more than 123 startups, with 0 new investments in the last 12 months alone. The firm has led 9 rounds, about 7% of its total and boasts 39 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series Unknown, Series A, Series B rounds (top funding stages).
- Majority of deals are located in United States, Canada, Cayman Islands.
- Strong thematic focus on Software, Health Care, Information Technology.
- Typical check size: $5M – $50M.
Stage Focus
- Series Unknown (28%)
- Series A (25%)
- Series B (17%)
- Series C (10%)
- Debt Financing (9%)
- Series D (7%)
- Series E (2%)
- Post Ipo Debt (1%)
- Private Equity (1%)
- Seed (1%)
Country Focus
- United States (97%)
- Canada (2%)
- Cayman Islands (1%)
- Ireland (1%)
Industry Focus
- Software
- Health Care
- Information Technology
- Analytics
- Hardware
- E-commerce
- Artificial Intelligence (Ai)
- Big Data
- Internet
- Enterprise Software
Frequently Asked Questions
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