March Capital

March Capital is a prominent venture growth firm based in Santa Monica, California, established in 2014. The firm specializes in investing in the digital transformation of cloud-based software, with a particular focus on enterprise software, infrastructure, and cybersecurity companies. March Capital targets growth-stage companies, aiming to support them through significant scaling phases. Their investment thesis centers on identifying disruptive technologies and business models that are reshaping industries through cloud adoption and advanced software solutions.

As a venture growth firm, March Capital typically provides substantial capital to companies that have already achieved product-market fit and are demonstrating strong revenue growth. They often lead or co-lead investment rounds, providing strategic guidance and leveraging their extensive network to help portfolio companies accelerate their expansion. Initial investment checks from March Capital generally range from $10 million to $50 million, though they have the capacity to deploy significantly more capital in follow-on rounds as companies continue to scale. Their portfolio includes notable companies such as CrowdStrike, Rubrik, and ServiceTitan, underscoring their commitment to high-impact enterprise technology.

March Capital has demonstrated significant fundraising success, having raised over $1.6 billion in total capital across its various funds. In 2022, the firm announced the close of its fourth flagship fund, March Capital Fund IV, at $450 million, further solidifying its capacity to invest in the next generation of enterprise leaders. Additionally, March Capital manages a dedicated cybersecurity fund, the March Capital Cyber Fund, which closed at $100 million in 2021, highlighting their specialized expertise and commitment to a critical sector within the digital transformation landscape. This robust capital base and focused strategy position March Capital as a key player in the venture growth ecosystem for enterprise software.