FTV Capital is a growth equity investment firm that has raised over $3.7 billion to invest in high-growth companies offering a range of innovative solutions in three sectors: enterprise technology & services, financial services and payments & transaction processing. FTV’s experienced team leverages its domain expertise and proven track record in each of these sectors to help motivated management teams accelerate growth.
Growth equity firm FTV Capital has led a £78.4 million ($98 million) growth equity investment in Bought By Many, a rapidly growing pet insurance provider in the UK, the firm told PE Hub. In connection with the transaction, FTV vice president Mike Vostrizansky will join the company's board. Prior to this funding round, Bought By Many has raised £33.2M to date, Vostrizansky said. FTV's growth equity investment is intended to fuel product development, expand the growth of its customer base, increase market share in the UK and target further international expansion.
FTV Capital specializes in investments in mid venture, middle market, later stage, late venture, recapitalizations, growth capital, growth equity, build-ups, and buyouts in the Fintech sector. The firm prefers to invest between $10 million and $85 million in equity per transaction in companies with limited technology risk. The firm considers investment in companies with annualized revenues between $10 million and $100 million and 20+ historical and near-term revenue growth. It prefers to acquire a board seat and be the lead investor in its portfolio companies.
FTV's ID.me joined hands with Slack to create a secure communication workspace for healthcare workers, while NewsCred is sourcing PPE masks and delivering them to NYC medical professionals. FTV Capital-backed enterprise technology companies are re-purposing an existing investment strategy to address the unexpected needs of healthcare workers fighting the coronavirus war.
Scott Price, Brian Murphy and Tony DiBenedetto settle into blue-clothed patio couches and chairs as the sun begins to dip. The trio occasionally sees a manatee ripple in the canal bordering Murphy’s Sunset Park home. They uncork a bottle of wine. Price, known amongst the group as having the most wine literacy, brought a 2007 bottle in honor of the year Murphy launched his multimillion-dollar Tampa cybersecurity company, ReliaQuest.
In FTV Capital’s early days, the internet itself was still in its infancy, a tech stock boom was underway on Wall Street and private equity’s role in growing tech giants had yet to emerge. More than two decades later, FTV is firmly at the forefront of enterprise technology investing with a focus on cybersecurity and
FTV Capital made an investment in Security Compass, a Canada-based provider of enterprise DevSecOps software solutions. Financial terms weren't disclosed.
While businesses have more sources of capital than ever before, from bank loans to initial coin offerings to alternative online investments, experts are urging small to medium-sized businesses (SMBs) to take a strategic approach to their fundraising efforts — often by combining a variety of funding sources to mitigate risk. Venture capital (VC) is not easily available to every startup, but this week, VC investors hinted at a big year ahead for the B2B FinTech space. In total, more than $1 billion was raised this week, with funds landing at an array of technologies from B2B payments to payroll to eProcurement.
The customer always comes first, and more than 30 million U.S. small- to medium-sized businesses are competing for that client relationship and sparking a wave of payment innovation. We’re seeing more businesses employing contactless/unattended payment systems, SMBs rapidly adopting integrated business management software & payment solutions and accelerating adoption of electronic payments (vs. checks) for B2B transactions.
Integrated vertical software with payment functionality, especially for small and mid-sized businesses, will continue to experience significant growth. As electronic payments grow towards ubiquity, the integration of payments into value-added software solutions provides tremendous value for businesses.
