Francisco Partners
Private equitySan Francisco
Also known as FRANCISCO PARTNERS MANAGEMENT, L.P.
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.
Source: firm website, verified Aug 11, 2026.
What they invest in
from 35 of 183 portfolio companiesEnterprise Software Γ19SaaS Γ17AI & Machine Learning Γ12Data & Infrastructure Γ7Developer Tools Γ6Fintech Γ6Cloud Computing Γ5Cybersecurity Γ4
HQs:United StatesΓ18United Arab EmiratesΓ1
Investments Β· 183 tracked
founders shown can be your intro pathBy year:2025 Β· 12016 Β· 22015 Β· 25 dated
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)
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
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)
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
Healthcare-specific workforce management software for health systems
HealthtechJacksonville, US
Christopher Hunter(Director)Steve Betts(Director)Earnie Franklin(Director)Aaron Gani(Director)Carl McDonald(Director)John Jesser(Director)
Premier provider of practical legal education, best known for its bar review preparation programs.
Cyber security threat management software to reduce IT security risks and simplify compliance reporting.
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)
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)
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
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
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)
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
Provider of enterprise software solutions for academic, research, and national libraries.
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 portfolioGoodrxNASDAQ: GDRXPaysafeNYSE: PSFEWaystarNASDAQ: WAYSmartBearacq. by Francisco Partners
Portfolio news
latest coverage across their companiesProsper Β· healthcareittoday.com Β· Jul 17, 2026
Black Duck Β· fortuneindia.com Β· Jul 17, 2026
Sumo Logic Β· biometricupdate.com Β· Jul 16, 2026
TouchBistro Inc. (Exited) Β· betakit.com Β· Jul 13, 2026
Jamf Β· siliconangle.com Β· Jul 1, 2026
Vendavo Β· vendavo.com Β· Jul 1, 2026
Forcepoint Β· trysignalbase.com Β· May 12, 2026
E2Open Β· e2open.com Β· Apr 30, 2026
Fund performance Β· per public LP disclosures Β· 18
as of Jun 2023| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| FP Credit Partners III Aggregator, L.P.LPs: Empire State Development β New York Ventures, California State Teachers' Retirement System | 2025 | β | 19.7% | 1.44x | 0.42x |
| FP Credit IIILPs: South Carolina Retirement System Investment Commission | 2024 | β | 0.0% | β | β |
| Francisco Partners Agility IIILPs: California Public Employees' Retirement System, California State Teachers' Retirement System, Empire State Development β New York Ventures +5 more | 2023 | β | β | 1.18x | 0.00x |
| Francisco Partners VIILPs: California Public Employees' Retirement System, Washington State Investment Board, Oregon Public Employees Retirement System +8 more | 2023 | β | β | 1.10x | 0.00x |
| Francisco Partners VII A L.P.LPs: California State Teachers' Retirement System | 2023 | β | 13.7% | 1.07x | β |
| Francisco Agility IIILPs: South Carolina Retirement System Investment Commission | 2022 | β | 0.9% | β | β |
| FP Credit Partners II Aggregator, LPLPs: Empire State Development β New York Ventures | 2021 | β | β | 1.22x | 0.25x |
| Francisco Partners VI LPLPs: California State Teachers' Retirement System, Washington State Investment Board, California Public Employees' Retirement System +5 more | 2021 | β | 14.2% | 1.50x | 0.17x |
| Francisco Partners Agility IILPs: California Public Employees' Retirement System, Oregon Public Employees Retirement System, California State Teachers' Retirement System +3 more | 2020 | β | 28.0% | 2.18x | 0.92x |
| Francisco Partners GP VILPs: South Carolina Retirement System Investment Commission | 2020 | β | 15.0% | β | β |
| Francisco Partners V LPLPs: Washington State Investment Board, California State Teachers' Retirement System, Oregon Public Employees Retirement System +5 more | 2018 | β | 18.1% | 2.30x | 0.93x |
| Francisco Partners AgilityLPs: North Carolina Retirement Systems, California State Teachers' Retirement System, Carnegie Corporation of New York | 2017 | β | 82.5% | 4.96x | 3.85x |
| Francisco P art ners IV, L.P.LPs: City of San Jose Police and Fire Department Retirement Plan | 2015 | β | 25.8% | 3.08x | 2.39x |
| Francisco Partners IV LPLPs: Oregon Public Employees Retirement System, California State Teachers' Retirement System, Washington State Investment Board +7 more | 2015 | β | 25.5% | 3.03x | 2.44x |
| Francisco Partners III LPLPs: Oregon Public Employees Retirement System, California Public Employees' Retirement System, California State Teachers' Retirement System +4 more | 2011 | β | 22.9% | 3.43x | 3.16x |
| FRANCISCO PARTNERS II LPLPs: California Public Employees' Retirement System, Oregon Public Employees Retirement System, North Carolina Retirement Systems +3 more | 2006 | β | 10.4% | 1.65x | 1.64x |
| Francisco Partners, L.P. - WSIB SecondaryLPs: Washington State Investment Board | 2004 | β | 21.0% | 2.10x | 2.14x |
| Francisco Partners, L.P.LPs: Washington State Investment Board, California Public Employees' Retirement System, John D. and Catherine T. MacArthur Foundation +1 more | 2000 | β | 4.4% | 1.30x | 1.27x |
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
Similar investors
AirTree Ventures runs the Pioneers community, a program supporting women and gender-diverse operators, founders and aspiring founders working in high-growth startups, offering mentorship, events and access to the AirTree team.
August Capital is a venture capital firm that invests in a small number of companies, providing hands-on support to entrepreneurs building their businesses.
Bessemer Venture Partners is a venture capital firm that partners with entrepreneurs from early stages through every stage of growth, publishing investment roadmaps across multiple technology sectors.
Insight Partners is a venture and growth-stage software investor featuring a large portfolio of technology companies across multiple sectors and regions.
Day One Ventures is an early-stage venture firm that backs mission-driven founders and pairs capital with hands-on communications, PR, storytelling and marketing support.
