Focused Exclusively on Business Software Companies, PeakSpan Capital Raises $265 Million in an Oversubscribed Second Fund

BURLINGAME, Calif. & NEW YORK–(BUSINESS WIRE)–PeakSpan Capital, an investment firm focused on growth-stage
business-to-business software companies, has announced it has raised
$265 million in an oversubscribed second fund.

PeakSpan Capital was founded in 2015 by Phil Dur, Brian Mulvey, and Matt
Melymuka with the mission of being the partner of choice for
best-in-class software entrepreneurs that are looking to scale
resiliently and capitalize on persistently strategic, high-quality
market opportunities. PeakSpan closed its inaugural fund in 2015,
partnering with 12 businesses out of that fund.

“We didn’t launch PeakSpan to pursue a ‘spray and pray’ investment
strategy or encourage companies that we partner with to have a ‘growth
at all costs’ mentality. Instead, we back a limited number of
entrepreneurs and view each of our investments as a true partnership,
working with our management teams to build a foundation of repeatable
and scalable success,” stated Phil Dur. “With decades of collective
experience across dozens of investments throughout the business software
universe, we understand and appreciate the exhilarating but trying
journey involved in building a software business the right way and look
to play an active role in helping our entrepreneurs reach their goal.”

PeakSpan Capital’s objective to break from the traditional growth equity
and venture capital firm approach can be attributed to its foundational
mantra, combining an “old school”, relationship-driven, domain-centric,
and highly-focused approach to working with companies with a “new
school” application of enriched data and technology-assisted processes
across the entire investment lifecycle (from origination through
partnership value-add).

PeakSpan focuses on a tight portfolio of market segments where it
invests exclusively and develops meaningful specialization and domain
expertise. In addition, the firm has a unique emphasis on emerging
growth-stage businesses – companies that have demonstrated
product-market fit and are seeing strong traction, but where continued
sensible scaling is the mandate and consistent execution is a top
priority. PeakSpan emphasizes a transparent, collaborative relationship
with its management teams. “We’d like our companies to view us as an
extension of their management bench. It’s like having a strategic
consulting firm in the trenches with you that understands your stage,
business, and sector cold. When our CEOs shine the bat signal we are
there to help across any initiative, no matter how tactical or
strategic,” noted Matt Melymuka.

“Our proprietary technology platform, which we’ve been building and
refining for over a decade, captures signal data from hundreds of
sources and enriches this data with algorithmic business logic to help
us identify promising prospects and assist portfolio companies across a
broad range of projects – from lead generation for sales teams, to rich
market and competitive insights,” continued Brian Mulvey. “We’ve
invested significant person-years optimizing a next-generation,
data-centric approach to our business, similar to that pursued by many
of our portfolio companies. It’s the combination of our rich technology
assets and a seasoned team of experts focused uniquely on a clear
mission that’s driven our success to date.”

About PeakSpan Capital

PeakSpan Capital is a growth equity firm focused exclusively on growth
stage, B2B/enterprise software companies. The firm invests in companies
that serve the full spectrum of buyers from small businesses to large
enterprises. It is PeakSpan Capital’s ambition to be true domain experts
and thought partners in the categories that inspire them. All of its
research, network development, and learning are focused on the sectors
their entrepreneurs live in. As a result, PeakSpan Capital brings a rich
portfolio of assets to the table that are relevant to all of the
companies with whom it partners. PeakSpan Capital prides itself on a
collaborative approach to working with entrepreneurs and other
stakeholders. Learn
More About PeakSpan Capital
.

Contacts

Kristen Caron, 978-407-9283
[email protected]

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