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Volition Capital

North America, Massachusetts, United States, Boston

Description

Volition Capital is a prominent growth equity firm based in Boston, United States, established in 2010. The firm specializes in providing capital to high-potential, founder-owned companies, primarily across various technology sectors. Their core mission revolves around partnering with entrepreneurs to accelerate growth and scale their businesses, often serving as the initial institutional investor.

Volition Capital's investment strategy is highly focused on businesses that have achieved significant traction and are poised for further expansion. They target companies typically generating annual revenues ranging from $5 million to $100 million, indicating a preference for established, yet still rapidly growing, enterprises. The firm emphasizes a collaborative approach, offering strategic guidance and operational support in addition to capital.

The firm's typical first cheque size ranges from $10 million to $100 million, positioning them to support substantial growth initiatives without requiring excessive dilution for founders. Volition Capital primarily invests across three key sectors: Software & Tech-Enabled Services, Internet & Consumer, and Financial Technology, demonstrating a broad yet specialized focus within the tech landscape. A significant milestone for the firm was the closing of Volition Capital Fund V in 2023, which raised $670 million, bringing their total capital raised across all funds to over $1.1 billion.

With a robust portfolio that includes over 80 investments, Volition Capital has demonstrated a consistent ability to identify and nurture successful companies. Their track record includes numerous successful exits, underscoring their expertise in guiding portfolio companies towards strategic outcomes. The firm's commitment to long-term partnerships and deep industry insights makes them a valuable partner for founders navigating the complexities of scaling a high-growth business.

Investor Profile

Volition Capital has backed more than 83 startups, with 6 new investments in the last 12 months alone. The firm has led 55 rounds, about 66% of its total and boasts 19 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series Unknown, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Canada, United Kingdom.
  • Strong thematic focus on Software, SaaS, Information Technology.
  • Led 5 rounds in the past year.
  • Typical check size: $10M – $100M.

Stage Focus

  • Series A (31%)
  • Series Unknown (22%)
  • Series B (18%)
  • Series D (8%)
  • Series C (7%)
  • Series E (4%)
  • Series F (4%)
  • Private Equity (2%)
  • Seed (2%)
  • Post Ipo Equity (1%)

Country Focus

  • United States (92%)
  • Canada (6%)
  • United Kingdom (2%)

Industry Focus

  • Software
  • Saas
  • Information Technology
  • Financial Services
  • Cyber Security
  • Fintech
  • Marketing
  • Analytics
  • E-commerce
  • Supply Chain Management
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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 Volition Capital frequently co-invest with?

SAP
Europe, Baden-Wurttemberg, Germany, Walldorf
Co-Investments: 4
General Catalyst
North America, Massachusetts, United States, Cambridge
Co-Investments: 7
Appian Ventures
North America, Colorado, United States, Denver
Co-Investments: 3
Fidelity Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 4
FirstMark
North America, New York, United States, New York
Co-Investments: 4
F-Prime Capital
North America, Massachusetts, United States, Cambridge
Co-Investments: 4
Greenspring Associates
North America, Maryland, United States, Owings Mills
Co-Investments: 4
Sapphire Ventures
North America, Texas, United States, Austin
Co-Investments: 8
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 4
Flagship Pioneering
North America, Massachusetts, United States, Cambridge
Co-Investments: 4

Which angels does Volition Capital often collaborate with?

EC
North America, California, United States, San Carlos
Shared Deals: 1
Shared Deals: 1
Aydin Mirzaee
North America, Ontario, Canada, Ottawa
Shared Deals: 1
ES
North America, California, United States, Mountain View
Shared Deals: 1
Shared Deals: 1
JF
North America, New York, United States, New York
Shared Deals: 1
Shared Deals: 1
Shared Deals: 1
Shared Deals: 1
NG
North America, California, United States, Santa Monica
Shared Deals: 1

What are some of recent deals done by Volition Capital?

LinkBy

Sydney, New South Wales, Australia

LinkBy makes your brand famous with cost-per-click press releases sent to the publishing brands.

AdvertisingMarketing
Series BJul 15, 2025
Amount Raised: $15,000,000
PetScreening

Mooresville, North Carolina, United States

Pet Screening provides compliance and policy management software that helps housing providers manage residents' pets and assistance animals.

PetProperty ManagementSoftware
Series BMar 6, 2025
Amount Raised: $80,000,000
Relish

Newbury, Ohio, United States

Strategically extend enterprise applications to maximize investment

AppsCloud ComputingIaaSInformation TechnologyPaaSSoftware
Series BFeb 19, 2025
Amount Raised: $25,000,000
Recycle Track Systems

New York, New York, United States

Recycle Track Systems provides waste management solutions for businesses and communities.

Environmental EngineeringRecyclingSustainabilityWaste Management
Series UnknownJan 24, 2025
Amount Raised: $40,000,000
Levanta

Seattle, Washington, United States

Levanta develops an affiliate marketing software purpose-built for Amazon.

Affiliate MarketingMarketingSoftware
Series ANov 19, 2024
Amount Raised: $20,000,000
Grove Collaborative

San Francisco, California, United States

Grove creates and curates high-performing, planet-first home, and personal care products.

Consumer GoodsE-CommerceInternetManufacturingRetail
Post Ipo EquitySep 23, 2024
Amount Raised: $15,000,000
Cohora

Boston, Massachusetts, United States

Cohora is a customer activation and engagement platform.

CosmeticsFashionMarketingTravel
SeedSep 10, 2024
Amount Raised: $2,500,000
Creatio

Boston, Massachusetts, United States

Creatio offers a no-code platform that automates CRM and enterprise workflows.

CRMDeveloper ToolsInformation TechnologySaaS
Private EquityJun 26, 2024
Amount Raised: $200,000,000
Screenverse Inc

Cranford, New Jersey, United States

DOOH, AdTech, Programmatic, pDOOH, Largest network of digital screens in the physical world

AdvertisingAdvertising PlatformsDigital MediaOutdoor Advertising
Series UnknownApr 30, 2024
Amount Raised: $10,500,000
HALO Technologies

Antrim, Antrim, United Kingdom

HALO Technologies provides body camera leasing to the retail, transportation, and law enforcement industries.

Cloud ComputingDigital MediaProduct DesignSoftware
Series AFeb 27, 2024
Amount Raised: $20,000,000