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Eastward Capital Partners

North America, Massachusetts, United States, West Newton

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
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Eastward Capital Partners frequently co-invest with?

M
North America, California, United States, San Francisco
Co-Investments: 6
Shelter Capital Partners
North America, California, United States, Los Angeles
Co-Investments: 3
Spark Capital
North America, California, United States, San Francisco
Co-Investments: 3
FJ Labs
North America, New York, United States, New York
Co-Investments: 3
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 4
Founder Collective
North America, Massachusetts, United States, Cambridge
Co-Investments: 4
Battery Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 6
Columbia Capital
North America, Virginia, United States, Alexandria
Co-Investments: 3
Pinnacle Ventures
North America, California, United States, Menlo Park
Co-Investments: 3
Lerer Hippeau
North America, New York, United States, New York
Co-Investments: 3

Which angels does Eastward Capital Partners often collaborate with?

EL
North America, Florida, United States, Miami Beach
Shared Deals: 2
AL
Europe, Lombardia, Italy, Milan
Shared Deals: 1
AK
Europe, Riga, Latvia, Riga
Shared Deals: 1
Shared Deals: 1
AK
Europe, Berlin, Germany, Berlin
Shared Deals: 1
Shared Deals: 1
SB
North America, New York, United States, New York
Shared Deals: 2
AC
North America, New York, United States, New York
Shared Deals: 1
BY
North America, North Carolina, United States, Raleigh
Shared Deals: 2
AG
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Eastward Capital Partners?

Lightmatter

Boston, Massachusetts, United States

Lightmatter changes chip architecture, powering faster, energy-efficient computing with photonic processors for sustainable AI advancement.

Artificial Intelligence (AI)HardwareMachine LearningSemiconductorSoftware
Series CDec 19, 2023
Amount Raised: $155,000,000
GAN Integrity

New York, New York, United States

GAN Integrity is enabling the world's smartest brands to do the right thing.

ComplianceSoftware
Series COct 26, 2023
Bigleaf Networks

Beaverton, Oregon, United States

Bigleaf is a cloud-based internet redundancy and optimization service.

ComputerInternetProfessional NetworkingWireless
Series UnknownOct 22, 2023
Amount Raised: $5,016,094
Archer Roose

Boston, Massachusetts, United States

Worldly wines for the curious.

Consumer GoodsWine And Spirits
Series UnknownOct 1, 2023
Viome

Bellevue, Washington, United States

Viome is a provider of comprehensive health insights designed to help people track their gut microbiome health.

Dietary SupplementsHealth CareMedicalWellness
Series CAug 18, 2023
Amount Raised: $86,500,000
Mixlab

New York, New York, United States

Mixlab is a pet pharmacy.

Health CarePetPharmaceutical
Series AAug 14, 2023
Amount Raised: $10,000,000
Flueid

Austin, Texas, United States

Flueid is a real estate tech company that provides data and insights for real estate workflows.

Enterprise SoftwareFinTechInsurTechPropTechReal EstateSoftware
Debt FinancingAug 10, 2023
Amount Raised: $2,500,000
Simbe Robotics

San Francisco, California, United States

Simbe Robotics builds automation solutions for shelf auditing and analytics.

Artificial Intelligence (AI)Retail TechnologyRoboticsSales Automation
Series BJul 13, 2023
Amount Raised: $28,000,000
HOP WTR

Los Angeles, California, United States

HOP WTR is a calorie-free sparkling water brewed with hops, adaptogens, and nootropics that is filled with health benefits.

Food and BeverageHealth CareWine And Spirits
Series AJul 1, 2023
Cure Hydration

New York, New York, United States

Cure Hydration is a science-backed electrolyte drink mix made with natural ingredients and no added sugar

Food and BeverageOrganicOrganic Food
Series AApr 17, 2023
Amount Raised: $5,600,000