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Palisades Growth

North America, California, United States, Los Angeles

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
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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 Palisades Growth frequently co-invest with?

Paladin Capital Group
North America, District of Columbia, United States, Washington
Co-Investments: 2
Worldview Technology Partners
North America, California, United States, San Mateo
Co-Investments: 2
Vesbridge Partners
North America, Massachusetts, United States, Wakefield
Co-Investments: 2
Mission Ventures
North America, California, United States, San Diego
Co-Investments: 2
Mobius Venture Capital
North America, Colorado, United States, Boulder
Co-Investments: 2
Emergence
North America, California, United States, San Francisco
Co-Investments: 4
Advanced Technology Ventures
North America, California, United States, Menlo Park
Co-Investments: 3
Redpoint
North America, California, United States, Menlo Park
Co-Investments: 2
Selby Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 2
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 2

Which angels does Palisades Growth often collaborate with?

GK
North America, California, United States
Shared Deals: 1

What are some of recent deals done by Palisades Growth?

AiCure

New York, New York, United States

AiCure is an advanced data analytics company that uses artificial intelligence to understand how patients respond to treatments.

AnalyticsArtificial Intelligence (AI)Clinical TrialsHealth CareMachine LearningMedicalSoftware
Series CNov 7, 2019
Amount Raised: $24,500,000
X1 Discovery

Los Angeles, California, United States

X1 offers solutions that enable knowledge workers to access all forms of corporate data through a single interface.

Cloud ComputingComplianceDocument ManagementEdiscoveryEnterprise SoftwareProductivity ToolsRisk ManagementSocial MediaSoftware
Series BOct 2, 2019
Amount Raised: $5,100,000
Hart

Costa Mesa, California, United States

Hart is building the foundation for the future of healthcare.

Data IntegrationDeveloper PlatformHealth Care
Private EquityNov 27, 2018
QLess

Pasadena, California, United States

QLess is a mobile queuing platform and appointment scheduling software.

MobileMobile AppsSoftware
Series ANov 6, 2017
Amount Raised: $5,500,000
Docupace

Los Angeles, California, United States

Docupace is a solutions provider focused on digitizing and automating operations in the financial advice and investment industry.

Data Center AutomationDocument ManagementFinancial ServicesFinTechSecuritySoftware
Private EquityJun 1, 2016
Amount Raised: $16,500,000
GroundTruth

New York, New York, United States

GroundTruth, the leading location technology company that drives results with real-world data.

AdvertisingAnalyticsMarketingMobileMobile Apps
Series CNov 9, 2012
Amount Raised: $5,000,000
Lucix Corporation

Camarillo, California, United States

Lucix is the world leader in Space Communications Payload Electronics.

ElectronicsSatellite Communication
Series UnknownFeb 2, 2009
Amount Raised: $3,000,000
Andigilog

Tempe, Arizona, United States

Andigilog, a fabless analog and mixed-signal semiconductor company, provides intelligent thermal management solutions.

ElectronicsManufacturingSemiconductor
Series BFeb 20, 2007
Amount Raised: $18,000,000
Akana by Perforce

Minneapolis, Minnesota, United States

Akana is a full lifecycle API management platform that supports multicloud deployments with industry-leading security.

Cloud Data ServicesCloud InfrastructureCloud SecurityDeveloper APIsEnterprise SoftwareSoftware
Series DJun 12, 2006
Amount Raised: $11,000,000
Visage Mobile

Larkspur, California, United States

Wireless expense management firm specializing in reducing communications costs using software & expert analysts.

ConsultingEnterprise SoftwareInformation TechnologySoftwareTelecommunicationsWired TelecommunicationsWireless
Series DDec 5, 2005
Amount Raised: $30,000,000