Fundraising Fox

Francisco Partners

Private equity

San Francisco

Also known as FRANCISCO PARTNERS MANAGEMENT, L.P.

✨ Fox Verdict
Sign up to see your fit

Investment thesis

Francisco Partners is a private equity and credit investment firm focused on technology and technology-enabled businesses, with offices in San Francisco, London, and New York.

Invests inCrypto & Web3Enterprise SoftwareSaaSEuropeGlobalIsraelMiddle East & North AfricaNorth AmericaSan Francisco

Source: firm website, verified Aug 11, 2026.

HQ
San Francisco, CA, US
Instruments
Equity Β· Debt
Founded
2017
AUM
$47.1B
Tracked investments
183

What they invest in

from 35 of 183 portfolio companies

Enterprise Software Γ—19SaaS Γ—17AI & Machine Learning Γ—12Data & Infrastructure Γ—7Developer Tools Γ—6Fintech Γ—6Cloud Computing Γ—5Cybersecurity Γ—4

HQs:United StatesΓ—18United Arab EmiratesΓ—1

Investments Β· 183 tracked

founders shown can be your intro path

By year:2025 Β· 12016 Β· 22015 Β· 25 dated

GoodrxNASDAQ: GDRX
Paysafepaysafe.comin𝕏NYSE: PSFE

Paysafe provides payment processing solutions supporting 260+ payment types and 48 currencies, including checkout flows, multicurrency and cross-border payments, digital wallets, prepaid cards, and fraud/compliance tools.

E-commerceEnterprise SoftwareFintech

WaystarNASDAQ: WAY
Accelaaccela.comFeb 2015βœ“ verified

Accela provides cloud-based software and IT management solutions for government agencies and communities to deliver digital services, streamline operations, and improve resident engagement.

AI & Machine LearningCloud ComputingGovTechSaaSSan Ramon, US

Colin Samuels(Executive Officer)Jeffrey Tung(Executive Officer)Maury Blackman(Executive Officer, Director)Derek Chau(Director)Tyler Wick(Director)Daniel Kim(Director)

ActivTrakactivtrak.cominπ•βœ“ verified

ActivTrak provides a workforce analytics and work intelligence platform that helps organizations monitor productivity, manage capacity, and make informed workforce decisions by tracking activity across people, applications, and AI tools.

AI & Machine LearningEnterprise SoftwareFuture of WorkHR TechAustin, US

Heidi Farris(CEO)in

Andhealthandhealth.cominAug 2025βœ“ verified

AndHealth provides comprehensive chronic care with evidence-based treatments to reduce symptoms and flares and slow disease progression, offering virtual or in-person appointments.

Digital HealthHealthtechWellness & FitnessColumbus, US

Matthew Scantland(Executive Officer, Director)

BoardChris Adams(Director)Andrew Maurer(Director)

Avangateavangate.cominπ•βœ“ verified

Verifone (formerly Avangate/2Checkout) operates an all-in-one monetization and digital commerce platform that helps businesses sell software and digital goods globally, expand internationally, and manage recurring revenue across channels.

E-commerceFintechSaaS

Vendavovendavo.cominπ•βœ“ verified

Vendavo provides a platform for B2B manufacturers, distributors, high-tech and industrial services companies to manage pricing, rebate accounting, and sales complexity at scale.

AI & Machine LearningEnterprise SoftwareRetail TechSaaSSales Tech

Sharath Dorbala(CEO)

2Checkout Avangate
8X88x8.com
Aconex
Acousticacoustic.com

Acoustic is a marketing technology company that provides a customer engagement platform for lifecycle marketers to understand consumer intent and drive engagement through real-time behavioral data and AI-powered analytics.

Enterprise SoftwareMarketing TechSaaS

Aderant
Advancedmd
Aeries Software
Aesynt
Akqa
API Healthcare

Healthcare-specific workforce management software for health systems

Attachmateattachmate.com
Attenti
Availity

HealthtechJacksonville, US

Christopher Hunter(Director)Steve Betts(Director)Earnie Franklin(Director)Aaron Gani(Director)Carl McDonald(Director)John Jesser(Director)

Avalon
BARBRI

Premier provider of practical legal education, best known for its bar review preparation programs.

Barracudabarracuda.comin𝕏

Barracuda provides a cybersecurity platform (BarracudaONE) covering email, data, application, and network protection, along with a managed XDR service for threat detection and incident response.

CybersecurityEnterprise SoftwareSaaS

Betterment
BeyondTrust

Cyber security threat management software to reduce IT security risks and simplify compliance reporting.

Black Duckin𝕏

Synopsys provides design automation tools and intellectual property for semiconductor and electronics companies to develop smart, connected devices.

Developer ToolsEnterprise SoftwareSemiconductors

Doug Levin(Founder)

Blackline SafetyJun 2016

Calgary

Brad Lawrence Gilewich(Director)Robert John Herdman(Director)Michael Franklin Hayduk(Director)Shane Martin Grennan(Executive Officer)John Robert Finbow(Director)Barry David Moore(Executive Officer)

Blancco
Blue Coatbluecoat.com
Blujay Kewill
Boomi
Bswiftbswift.comin𝕏

bswift is an AI-native benefits administration platform that helps employers manage enrollment, eligibility, and compliance, offering both fully customizable (Unlimited) and pre-defined (Simplify) implementation paths.

AI & Machine LearningHR TechSaaS

C Mac
Capsa Healthcare
Capsilon

San Francisco, US

David Sohm(Executive Officer)Michael J. Danaher(Executive Officer)Sanjeev Malaney(Executive Officer, Director)David Chen(Executive Officer)Martin Waters(Executive Officer)

Capsule
Catalyst Repository Systemsin𝕏

OpenText provides enterprise software for data management, content management, and AI-powered automation across organizations.

AI & Machine LearningCloud ComputingData & InfrastructureEnterprise Software

Civitas Learningcivitaslearning.comin𝕏

Civitas Learning provides a data analytics and student success platform for colleges and universities, enabling institutional leaders and student-facing staff to make data-informed decisions to improve student outcomes and retention.

AI & Machine LearningData & InfrastructureEdTechEnterprise Software

Clicksoftware
Corsair
CoverMyMeds
Cross Match
Dextrys
Discovery Educationdiscoveryeducation.comin𝕏

Discovery Education provides a K-12 education platform offering digital curriculum, educator-vetted content, and instructional tools across core subjects such as literacy, science, and social studies.

EdTechSaaS

Drawbridge
Dynamo
E2Opene2open.comin𝕏

e2open provides supply chain software that integrates networks, data, and applications to manage global production and distribution for enterprises.

Enterprise SoftwareLogistics & Supply ChainSaaSAustin, US

Mark Hall(Chief Executive Officer)Pawan Joshi(Chief Strategy Officer)Lynn Holmgren(EVP, Chief Administrative Officer and Chief of Customer Operations)

Edifecs
Ef Johnson
efficient IPefficientip.comin𝕏
Efront
Eg Software
Elite
Esolutions
Eventbriteeventbrite.comin𝕏

Eventbrite operates an online platform for discovering, creating, and selling tickets to events such as music, nightlife, performing and visual arts, food and drink, and business gatherings across major U.S. cities.

ConsumerMarketplacesMedia & Entertainment

Evite
Ex Libris

Provider of enterprise software solutions for academic, research, and national libraries.

Follett Software
Forcepointforcepoint.comin𝕏

Forcepoint provides data security and AI governance solutions that monitor AI tool usage, prevent unauthorized access, and detect data loss across cloud, endpoint, email and network infrastructure.

AI & Machine LearningCybersecurityData & Infrastructure

Exits Β· 4

IPOs and acquisitions across the tracked portfolio

GoodrxNASDAQ: GDRXPaysafeNYSE: PSFEWaystarNASDAQ: WAYSmartBearacq. by Francisco Partners

Portfolio news

latest coverage across their companies

Fund performance Β· per public LP disclosures Β· 18

as of Jun 2023
FundVintageCommittedNet IRRTVPIDPI
FP Credit Partners III Aggregator, L.P.LPs: Empire State Development – New York Ventures, California State Teachers' Retirement System2025β€”19.7%1.44x0.42x
FP Credit IIILPs: South Carolina Retirement System Investment Commission2024β€”0.0%β€”β€”
Francisco Partners Agility IIILPs: California Public Employees' Retirement System, California State Teachers' Retirement System, Empire State Development – New York Ventures +5 more2023β€”β€”1.18x0.00x
Francisco Partners VIILPs: California Public Employees' Retirement System, Washington State Investment Board, Oregon Public Employees Retirement System +8 more2023β€”β€”1.10x0.00x
Francisco Partners VII A L.P.LPs: California State Teachers' Retirement System2023β€”13.7%1.07xβ€”
Francisco Agility IIILPs: South Carolina Retirement System Investment Commission2022β€”0.9%β€”β€”
FP Credit Partners II Aggregator, LPLPs: Empire State Development – New York Ventures2021β€”β€”1.22x0.25x
Francisco Partners VI LPLPs: California State Teachers' Retirement System, Washington State Investment Board, California Public Employees' Retirement System +5 more2021β€”14.2%1.50x0.17x
Francisco Partners Agility IILPs: California Public Employees' Retirement System, Oregon Public Employees Retirement System, California State Teachers' Retirement System +3 more2020β€”28.0%2.18x0.92x
Francisco Partners GP VILPs: South Carolina Retirement System Investment Commission2020β€”15.0%β€”β€”
Francisco Partners V LPLPs: Washington State Investment Board, California State Teachers' Retirement System, Oregon Public Employees Retirement System +5 more2018β€”18.1%2.30x0.93x
Francisco Partners AgilityLPs: North Carolina Retirement Systems, California State Teachers' Retirement System, Carnegie Corporation of New York2017β€”82.5%4.96x3.85x
Francisco P art ners IV, L.P.LPs: City of San Jose Police and Fire Department Retirement Plan2015β€”25.8%3.08x2.39x
Francisco Partners IV LPLPs: Oregon Public Employees Retirement System, California State Teachers' Retirement System, Washington State Investment Board +7 more2015β€”25.5%3.03x2.44x
Francisco Partners III LPLPs: Oregon Public Employees Retirement System, California Public Employees' Retirement System, California State Teachers' Retirement System +4 more2011β€”22.9%3.43x3.16x
FRANCISCO PARTNERS II LPLPs: California Public Employees' Retirement System, Oregon Public Employees Retirement System, North Carolina Retirement Systems +3 more2006β€”10.4%1.65x1.64x
Francisco Partners, L.P. - WSIB SecondaryLPs: Washington State Investment Board2004β€”21.0%2.10x2.14x
Francisco Partners, L.P.LPs: Washington State Investment Board, California Public Employees' Retirement System, John D. and Catherine T. MacArthur Foundation +1 more2000β€”4.4%1.30x1.27x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

What sectors does Francisco Partners focus on?
Francisco Partners focuses on Crypto & Web3, Enterprise Software, SaaS.
Where is Francisco Partners located?
Francisco Partners is headquartered in San Francisco, US.

Images

Francisco Partners photo

Similar investors

Featured in lists