Palisades Growth
Description
Palisades Growth Capital is a Los Angeles-based private equity firm specializing in growth-stage software and technology-enabled services businesses. Established with a clear focus on the B2B SaaS sector, the firm partners with companies that have demonstrated strong product-market fit and are poised for significant scaling. Their investment philosophy centers on providing not just capital, but also strategic guidance and operational support to help portfolio companies navigate the complexities of rapid growth and market expansion.
The firm typically targets companies generating between $10 million and $100 million in annual recurring revenue, indicating their preference for businesses that have already achieved substantial commercial traction. Palisades Growth Capital's initial investment cheques range from $10 million to $50 million, positioning them as a significant capital partner for companies seeking to accelerate their growth initiatives, expand into new markets, or pursue strategic acquisitions. They often take minority stakes, collaborating closely with management teams to unlock further value.
Palisades Growth Capital has successfully raised multiple funds, underscoring its commitment to the growth equity landscape. Their second fund, Palisades Growth Capital II, closed in 2021 with $260 million in commitments, building on the success of their inaugural fund. This substantial capital base allows them to make meaningful investments and provide follow-on funding as their portfolio companies mature. Their portfolio includes well-known names in the B2B software space such as Salesloft, Clari, and Outreach, reflecting their expertise in identifying and nurturing high-potential technology firms.
The firm's strategic location in Los Angeles provides access to a vibrant tech ecosystem, further enhancing its ability to source and support promising ventures. Palisades Growth Capital distinguishes itself through a disciplined investment approach, focusing on businesses with robust unit economics and defensible market positions. They aim to be a long-term partner, leveraging their deep industry knowledge and network to drive sustainable value creation for both their limited partners and portfolio companies.
Investor Profile
Palisades Growth has backed more than 22 startups, with 0 new investments in the last 12 months alone. The firm has led 6 rounds, about 27% of its total and boasts 13 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series B, Series Unknown, Series C rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Software, Information Technology, Enterprise Software.
- Typical check size: $10M – $50M.
Stage Focus
- Series B (27%)
- Series Unknown (27%)
- Series C (18%)
- Series D (9%)
- Private Equity (9%)
- Series A (9%)
Country Focus
- United States (100%)
Industry Focus
- Software
- Information Technology
- Enterprise Software
- Telecommunications
- Manufacturing
- Electronics
- Digital Media
- Consulting
- Wired Telecommunications
- Wireless
Frequently Asked Questions
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