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Wellington Financial

North America, California, United States, San Francisco

Description

Wellington Financial LP is a prominent privately-held specialty finance firm based in San Francisco, California, specializing in providing non-dilutive growth capital to technology and life sciences companies across North America. The firm is recognized as a leading venture debt provider, offering a flexible alternative or complement to traditional equity financing. Their core offering includes term loans, venture loans, and amortizing loans designed to support companies through various stages of growth, from expansion to pre-IPO.

Wellington Financial's investment strategy focuses on providing capital that allows entrepreneurs to maintain greater ownership and control of their companies. They typically partner with companies that have strong venture capital backing, proven business models, and significant growth potential. The firm's expertise lies in structuring debt solutions that are tailored to the specific needs and cash flow profiles of high-growth businesses, enabling them to fund working capital, accelerate product development, expand sales and marketing efforts, or finance strategic acquisitions without the immediate dilution associated with equity rounds.

Over its history, Wellington Financial has established a robust track record, having deployed over $1 billion in capital. This substantial investment has supported more than 200 companies, demonstrating their significant impact on the innovation ecosystem. They are known for providing loans that typically range from $5 million up to $40 million, catering to a diverse portfolio of companies seeking substantial growth capital. Their long-term approach and deep understanding of the venture landscape make them a valuable financial partner for ambitious enterprises.

Investor Profile

Wellington Financial has backed more than 45 startups, with 0 new investments in the last 12 months alone. The firm has led 17 rounds, about 38% of its total and boasts 32 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Debt Financing, Series Unknown, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Canada, United Kingdom.
  • Strong thematic focus on Software, Analytics, SaaS.
  • Typical check size: $5M – $40M.

Stage Focus

  • Debt Financing (62%)
  • Series Unknown (24%)
  • Series B (4%)
  • Private Equity (2%)
  • Series E (2%)
  • Post Ipo Debt (2%)
  • Series C (2%)

Country Focus

  • United States (60%)
  • Canada (38%)
  • United Kingdom (2%)

Industry Focus

  • Software
  • Analytics
  • Saas
  • Information Technology
  • Enterprise Software
  • Mobile
  • Internet
  • Cloud Computing
  • Collaboration
  • Document 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 Wellington Financial frequently co-invest with?

Recruit Strategic Partners
Asia, Tokyo, Japan, Tokyo
Co-Investments: 1
Toba Capital
North America, California, United States, San Francisco
Co-Investments: 1
Bridge Bank
North America, California, United States, San Jose
Co-Investments: 2
Silicon Valley Bank
North America, California, United States, Santa Clara
Co-Investments: 3
Insight Partners
North America, New York, United States, New York
Co-Investments: 2
BDC Venture Capital
North America, Alberta, Canada, Calgary
Co-Investments: 2
Bluestem Capital
North America, South Dakota, United States, Sioux Falls
Co-Investments: 1
Kennet Partners
Europe, England, United Kingdom, London
Co-Investments: 1
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 1
PSG Equity
North America, Massachusetts, United States, Boston
Co-Investments: 1

Which angels does Wellington Financial often collaborate with?

BB
North America, Washington, United States, Bellingham
Shared Deals: 1

What are some of recent deals done by Wellington Financial?

Agilence

Mount Laurel, New Jersey, United States

Agilence specializes in exception reporting and business intelligence solutions for retail loss prevention and operations.

Cloud ComputingComputerEnterprise SoftwareFood and BeverageRetailSoftwareVideo
Series UnknownAug 15, 2017
Amount Raised: $4,000,000
Commerce Signals

Palo Alto, California, United States

Commerce Signal unlock merchant acquirer payment data for use in media measurement.

AnalyticsMobileRetailSoftware
Series BJul 17, 2017
Amount Raised: $12,000,000
Exari Systems

Boston, Massachusetts, United States

Exari Systems is an automated document assembly and contract automation software company.

Cloud ComputingDocument ManagementEnterprise SoftwareSaaSSoftware
Debt FinancingJun 12, 2017
Amount Raised: $24,000,000
Electric Cloud

San Jose, California, United States

Electric Cloud helps organizations deliver better software faster by automating, and accelerating build, deployment, and release processes.

Cloud ManagementData Center AutomationDeveloper ToolsDevOpsEnterprise SoftwareInformation TechnologySoftware
Debt FinancingFeb 13, 2017
Amount Raised: $11,000,000
Dejero

Waterloo, Ontario, Canada

Critical connectivity solutions provider

Communications InfrastructureInformation and Communications Technology (ICT)InternetMobileSoftwareTelecommunicationsWireless
Series UnknownFeb 10, 2017
Amount Raised: $14,000,000
Conversica

San Mateo, California, United States

Conversica creates intelligent virtual assistants to serve as virtual team members.

Artificial Intelligence (AI)Machine LearningSaaSSales AutomationVirtual Assistant
Private EquityDec 14, 2016
Amount Raised: $34,000,000
SparkPost

Columbia, Maryland, United States

SparkPost is an email delivery and optimization platform that helps companies send and analyze their email communications.

AnalyticsBusiness Information SystemsEmailEmail MarketingMessaging
Debt FinancingDec 6, 2016
Amount Raised: $10,000,000
Metamarkets

San Francisco, California, United States

Metamarkets offers an interactive analytics platform for buyers and sellers of programmatic advertising.

AdvertisingAnalyticsReal TimeSoftware
Debt FinancingOct 18, 2016
Amount Raised: $14,250,000
Unified

New York, New York, United States

Unified equips marketers with information and intelligence they need to make the best decisions about their social advertising investments.

AdvertisingAnalyticsBig DataBrand MarketingInternetMarketing AutomationSocial Media AdvertisingSocial Media ManagementSocial Media Marketing
Debt FinancingSep 15, 2016
Amount Raised: $10,000,000
SpringCM

Chicago, Illinois, United States

SpringCM is a secure document and contract management platform used to solve critical business needs.

Cloud ComputingCollaborationDocument ManagementEnterprise SoftwareSaaSSoftware
Series UnknownJun 27, 2016
Amount Raised: $17,500,000