
Mainsail Partners
Description
Mainsail Partners is a San Francisco-based growth equity firm specializing in investments in bootstrapped business-to-business (B2B) software companies. Established with a unique focus on profitable, founder-owned businesses that have not previously raised institutional capital, Mainsail provides both capital and strategic operational support to accelerate growth. The firm manages over $2.2 billion in committed capital, demonstrating its significant presence and capacity within the growth equity landscape.
Mainsail's investment strategy is centered on partnering with founders who seek to scale their operations without relinquishing full control. They typically make equity investments ranging from $25 million to $150 million, targeting companies with strong recurring revenue and a proven product-market fit. While they are flexible in taking either minority or majority stakes, their core value proposition lies in their ability to provide hands-on operational guidance rather than just capital infusion.
A key differentiator for Mainsail is its dedicated "Mainsail Growth Team," a group of in-house experts who work directly with portfolio companies across various functions, including sales, marketing, product, finance, and talent acquisition. This operational support is designed to help founders professionalize their businesses, optimize processes, and achieve sustainable growth. The firm has a track record of successfully partnering with over 70 software companies, assisting them in navigating the complexities of scaling and preparing for future liquidity events. Their long-term partnership approach emphasizes building enduring value and supporting founders through their growth journey.
Investor Profile
Mainsail Partners has backed more than 43 startups, with 7 new investments in the last 12 months alone. The firm has led 36 rounds, about 84% of its total and boasts 15 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Private Equity, Series Unknown, Series C rounds (top funding stages).
- Majority of deals are located in United States, Canada, United Kingdom.
- Strong thematic focus on Software, Information Technology, SaaS.
- Led 7 rounds in the past year.
- Typical check size: $25M – $150M.
Stage Focus
- Private Equity (56%)
- Series Unknown (42%)
- Series C (2%)
Country Focus
- United States (95%)
- Canada (2%)
- United Kingdom (2%)
Industry Focus
- Software
- Information Technology
- Saas
- Health Care
- Enterprise Software
- Compliance
- Business Intelligence
- Information Services
- Cyber Security
- Enterprise Resource Planning (Erp)
Frequently Asked Questions
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