How many investments has FTV Capital made?

FTV Capital has 129 tracked investments, 1 of which have exited via acquisition or IPO, including 4 dated in the last 24 months.

What stage does FTV Capital invest at?

FTV Capital invests at the Series A, Series B, Series C, Growth stages.

What is FTV Capital's typical check size?

FTV Capital typically writes checks of $10M – $30M.

Where is FTV Capital located?

FTV Capital is headquartered in New York, US.

Does FTV Capital lead rounds?

Yes, FTV Capital leads investment rounds.

Who does FTV Capital co-invest with?

FTV Capital most often shares deals with JMI Equity, 500 Global, Golub Growth, among 112 tracked co-investors.

FTV Capital

Private equity

New York · Series A–Growth · 16 people tracked

Also known as Ftv · FTV MANAGEMENT COMPANY LP

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Investment thesis

FTV Capital is a growth equity investor that partners with exceptional B2B founders and management teams to accelerate transformative growth. The firm backs AI-driven technology and tech-enabled services companies, adding value through deep sector domain expertise, its Global Partner Network, and its FTV Propel platform. With more than 28 years of experience, FTV focuses on helping management teams navigate complexity, identify opportunities, and execute ambitious growth strategies, positioning companies for continued growth beyond the firm's investment.

Invests inAI & Machine Learning Cloud Computing Cybersecurity Digital Health Enterprise Software Fintech Healthtech HR Tech InsurTech IoT LegalTech Logistics & Supply Chain PropTech SaaS Brazil Global New York San Francisco

Source: firm website, verified Aug 25, 2026.

Stage

Series A–Growth

Check

$10M – $30M

New York, California, US

Leads rounds

Leads

Instruments

Equity

Founded

1998

AUM

$11.9B

Tracked investments

131

Team · 16 people

from curated & public directories

Adam Hallquist· Partner· San Franciscoin

Adam Hallquist is a partner at FTV Capital, which he joined in 2014, focusing on investments in vertical software, payments, and financial technology and services, and leading investments in the FTV Ascend strategy. Before FTV, he worked as an investment banking analyst at Financial Technology Partners. He holds a B.B.A. in finance with a second major in economics from Emory University.

a•••@ftvcapital.comreveal

Alex Malvone· Partner· New Yorkin

Growth equity investor at FTV Capital since 2013 and co-head of FTV Ascend, leading investments in enterprise technology and services and healthcare. Previously an investment banking analyst in Citigroup's global financial institutions group, advising fintech companies on capital markets and M&A. Holds a BS in Economics from The Wharton School at the University of Pennsylvania.

a•••@ftvcapital.comreveal

Alex Mason· Partner· San Franciscoin

Alex Mason is a growth equity investor at FTV Capital focused on healthcare technology and services, having joined in 2019. He previously was a managing director at Carrick Capital Partners and a vice president at Accel-KKR, and worked at TCV and Morgan Stanley. He holds a BS in Economics from the University of Washington and an MBA from Harvard Business School.

a•••@ftvcapital.comreveal

Brad Bernstein· Managing Partner· New Yorkin

Managing partner at FTV Capital overseeing the firm's global strategy and investment decisions, focused on enterprise technology and services and financial technology and services. He joined FTV in 2003 and has over 25 years of private equity experience, having previously been a partner at Oak Hill Capital Management and started his career at Patricof & Company Ventures and Merrill Lynch.

b•••@ftvcapital.comreveal

Brent Fierro· Partner· San Franciscoin

Brent Fierro is a growth equity investor at FTV Capital focused on financial technology and services, where he has worked for over 12 years since joining in 2013. He previously was an investment banking analyst in the financial institutions group at Houlihan Lokey and began his career at the New York Stock Exchange in strategy and data analytics.

b•••@ftvcapital.comreveal

Karen Derr Gilbert· Partner, Chief Operating Officer· San Franciscoin

Karen Derr Gilbert is FTV Capital's chief operating officer, overseeing investor relations, capital formation, business development, marketing and technology, and is a voting member of the firm's investment committee. She joined FTV in 1999 to help build the Global Partner Network and has over 35 years of financial services experience, previously holding roles at Wells Fargo, Merrill Lynch Capital Markets and Shearson Lehman Brothers.

k•••@ftvcapital.comreveal

Kyle Griswold· Partner· New Yorkin

Kyle Griswold has been a growth equity investor at FTV Capital since 2007, leading investments in financial technology and services and vertical software. He previously worked as an investment banking associate at Berkshire Capital Securities focused on financial services, holds a BA from Trinity College, and is a CFA charterholder.

k•••@ftvcapital.comreveal

Mike Vostrizansky· Partner· New Yorkin

A growth equity investor at FTV Capital for over nine years, focused on financial technology and services. He previously worked as a principal at Flexpoint Ford and Pine Brook Road Partners on financial services investments, and began his career in Credit Suisse's financial institutions group.

m•••@ftvcapital.comreveal

Robert Anderson· Partner· San Franciscoin

Rob is a growth equity investor at FTV Capital with over 14 years at the firm, leading investments in vertical software. He previously worked as an investment banking associate in the financial institutions group at Bank of America Merrill Lynch, focusing on fintech M&A and capital raising. He has been recognized by GrowthCap and Private Equity International.

r•••@ftvcapital.comreveal

Kapil Venkatachalam· Partner· New York, New Yorkin

Kapil Venkatachalam is a Partner at FTV Capital, a growth equity firm that invests between $20 million and $400 million in high-growth technology companies. He focuses on growth investments in B2B software and tech-enabled services globally, with previous and current investments spanning public companies including Alarm.com, Rapid7, and Splunk, as well as acquired firms such as ExactTarget, Genesys, and OSIsoft.

Giovanni Bacarella· Principal· New Yorkin

Growth equity investor at FTV Capital focused on enterprise technology and services, who joined the firm in 2017. Previously an investment banking analyst in the financial institutions group at Lazard Frères & Co., working on M&A for banks, asset managers and broker-dealers.

g•••@ftvcapital.comreveal

Jerome Hershey· Principal· New Yorkin

Growth equity investor at FTV Capital since 2018 focused on enterprise technology and services. Previously VP of corporate and business development at OnDeck, and held investing roles at TCV, Blackrock Capital Partners, and Spectrum Equity, after starting as a TMT investment banking analyst at JPMorgan Chase.

j•••@ftvcapital.comreveal

Colleen Cuffaro· Growth Equity Investor· New Haven, Connecticutin 𝕏

Colleen Cuffaro is a healthcare investor at Canaan Partners focused on biopharma companies pursuing transformative, scalable drug technologies such as small molecules and antibodies. She led Canaan's investment in Arrakis Therapeutics and holds a background connected to Yale. Her investment interest centers on companies addressing unmet medical needs through broadly applicable and scalable approaches.

c•••@canaan.comreveal

Joel Albarella· Strategic Advisor· New York City Metropolitan Areain

Joel Albarella is Senior Vice President and Head of New York Life Ventures at New York Life Insurance Company, where he founded the company's corporate venture capital business. He has held roles spanning portfolio management, strategy, M&A, and distribution within asset management, and has developed a co-development platform designed to integrate startup experimentation into enterprise operations. His current focus includes the application of artificial intelligence and emerging technologies in financial services.

Liron Gitig

Payam Vadi· Senior Vice President· San Francisco Bay Areain 𝕏

What they invest in

from 56 of 131 portfolio companies

SaaS ×36Fintech ×31AI & Machine Learning ×19Enterprise Software ×19Cybersecurity ×8Data & Infrastructure ×7InsurTech ×5Digital Health ×3

HQs:United States×22United Kingdom×6

Who they back

founder profiles across 17 portfolio companies

76%

solo founders

13 of 17 mapped founding teams

Founding team size:solo founder×132 founders×4

Investments · 131 tracked

founders shown can be your intro path

By year:2025 · 2 2024 · 3 2022 · 2 2020 · 2 2016 · 1 2015 · 5 2014 · 1 2013 · 117 dated

EXL Serviceexlservice.com in 𝕏NASDAQ: EXLS

EXL provides data and AI solutions for enterprise organizations, helping them implement AI and data-driven strategies across industries including banking, energy, healthcare, insurance, and retail.

AI & Machine LearningData & InfrastructureEnterprise Software

Rohit Kapoor(CEO)

Co-investorsFrontline Strategy Funds Saama Capital

Agiloftagiloft.com inAug 2020✓ verified

Agiloft offers a Contract Lifecycle Management (CLM) and contracts AI platform that centralizes, automates, and governs the contract process from request and negotiation through execution, obligation tracking, and renewal.

AI & Machine LearningEnterprise SoftwareLegalTechRedwood City, US

Colin Earl(Executive Officer, Director)Eric Laughlin(CEO)inJohn Pechacek(CTO)inNicole Milstead(Chief Marketing Officer)inAngel Lange(Finance Leader (CFO))inJoe Yurich(Chief Revenue Officer)in

Co-investorsJMI Equity Kohlberg Kravis Roberts LegalTech

Embrokerembroker.com in 𝕏✓ verified

Embroker is a digital-first business insurance provider that lets companies compare, purchase, and manage commercial insurance policies online, combining an insurance platform with expert broker support.

AI & Machine LearningFintechInsurTechSaaS

Matt Miller(Founder)inYotam Shacham(Founder)Ben Jennings(CEO)in

Co-investors500 Global Bee Partners Canaan Partners Chaos Ventures Clocktower Ventures MassMutual Ventures +6 more

Masttromasttro.com in✓ verified

Masttro is wealth management software for family offices that consolidates ultra-high-net-worth family assets—across public and private markets, entities, trusts, and foundations—into a single reconciled view.

FintechSaaS

Co-investorsCiti Ventures

(Acq'd by EMC)aveksa.com

Co-investorsFirstMark Capital Harmony Partners

360 Privacy360privacy.io in

360 Privacy provides digital executive protection, removing personal information (PII) from data broker websites and continuously monitoring the deep and dark web to identify compromised credentials.

CybersecuritySaaS

Co-investorsFirst In

6 Degrees Health6degreeshealth.com in

6 Degrees Health provides healthcare cost containment solutions built around reference-based pricing, helping employers offer affordable health plans while working with providers on payment accuracy and integrity.

Digital HealthHealthtech

A-LIGN-new-2021

Actimize

APEX Fund Services

Arden

Arden Insurance Services

Aspire Financial Services

Basis

Basis Technologies

Billing Platformbillingplatform.com in 𝕏

BillingPlatform provides a cloud-based billing and revenue management platform supporting the quote-to-cash process, and maintains a network of implementation, technology, payment, and tax partners.

Enterprise SoftwareFintechSaaS

Nathan Shinn(Founder & Chief Strategy Officer)Leonid Solomonik(Founder & CTO)Chris Bishop(Chief Executive Officer)Shane Desrochers(Chief Revenue Officer)Kurt Andersen(Chief Marketing Officer)Brad Sawaya(Chief Financial Officer)

Co-investorsColumbia Capital Future Now Ventures

BlueGill Technologies

BP (3)

ButterflyMXbutterflymx.com in 𝕏Jan 2025

ButterflyMX provides a property access and security platform that connects video intercoms, access control, and security cameras through a single system.

HardwarePropTechSaaSNew York City, US

Cyrus Claffey(Founder & Executive Chairman)

Co-investorsDarco Capital Egis Capital Partners Fifth Wall JMI Equity RiverPark Ventures Volition Capital +1 more

Carbon Underwritingcarbonuw.com in

Carbon is a managed general agent / underwriting business that combines underwriting expertise with technology to provide tailored insurance capacity solutions for its delegated partners.

FintechInsurTechSaaS

CardConnectcardconnect.com in

CardConnect provides a merchant management portal and credit card processing platform for payment partners and ISOs, offering merchant onboarding, residual reporting, account reconciliation, and device management.

FintechRetail TechSaaS

Co-investorsCohen Circle

CashStar inFeb 2015

Portland, US

Steven R. Boal(Founder and Chairman)Michael Ellis(Executive Officer)Ben Kaplan(Executive Officer, Director)

BoardChris Winship(Director)Alex Rampell(Director)inJohn H. Burbank III(Director)

Co-investorsAndreessen Horowitz Nimble Partners

Castle Pines Capital

Catalyst Repository Systemsin 𝕏

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

AI & Machine LearningCloud ComputingData & InfrastructureEnterprise Software

Co-investorsCatalyst Investors Colle Capital Partners Francisco Partners In-Q-Tel JMI Equity

Centaur

CloudFactory

Cloudmarkcloudmark.com in 𝕏

Cloudmark offers messaging security and compliance solutions that protect against spam, phishing, SMiShing, viruses, and malware across mobile messaging, email, rich communications, and social media.

CybersecurityEnterprise SoftwareSaaS

Co-investorsAccelerator Ventures NGP Capital Industry Ventures Summit Partners

Company-com

ConnexPayconnexpay.com inOct 2022

ConnexPay provides a payment platform that lets businesses accept customer payments and fund immediate supplier payments via virtual cards from the same transaction, closing the cash flow gap.

FintechSaaSTravel & HospitalityBonita Springs, US

Robert Kaufman(Chief Executive Officer and member of the Board of Managers)inBob Kaufman(Founder)

BoardMark Buffington(Member of the Board of Managers)inJacob Eisen(Member of the Board of Managers)Pamela Joseph(Member of the Board of Managers)Barbara Polsky(Member of the Board of Managers)

Co-investorsBIP Ventures F-Prime Capital Tamiami Angel BIP Capital

Coremetricscoremetrics.com

Co-investorsAccel W Capital Partners

Covario

DataArtdataart.com in 𝕏

DataArt is a software development company that provides AI and technology consulting and custom software engineering services to help clients advance their technology roadmaps.

AI & Machine LearningDeveloper ToolsEnterprise Software

Co-investorsDa Vinci Capital

Daylight Forensic

Derivative Pathderivativepath.com in 𝕏Jun 2020

Derivative Path offers a platform and advisory services that help alternative investment managers and their portfolio companies manage interest rate and derivatives hedging, including trade execution, pre-trade analysis, and portfolio oversight.

Enterprise SoftwareFintechSaaSWalnut Creek, US

Pradeep Bhatia(Founder)inBrett Morrell(Managing Director, Head of Risk Solutions)inCiccy Yang(Managing Director, Risk Solutions)inPradeep K. Bhatia(Executive Officer, Director)Steven D. Hawk(Executive Officer, Director)John R. Fleming(Executive Officer, Director)

Docupace_docupace.com in

Docupace is a technology company for the wealth management industry, providing a platform that digitizes back-office operations including account onboarding, workflow automation, task tracking, compliance, and data integration.

Enterprise SoftwareFintechSaaS

Co-investorsGenstar TVC Capital

Duosgetduos.com in

Duos builds a member activation and navigation platform for Medicare Advantage plans and healthcare providers to help members engage with their care.

AI & Machine LearningDigital HealthHealthtechSaaSWellness & Fitness

Karl Ulfers(Co-Founder & Chief Executive Officer)Jenn Kerfoot(President & Chief Operations Officer)Art Petrossian(Chief Product & Technology Officer)Nathan Adams(Chief Business Officer)

Co-investorsAble Partners Declaration Partners Forerunner Ventures HDS Capital Imaginary Venture Capital Optum Ventures +3 more

EBANXebanx.com in

EBANX provides a payments platform with proprietary back-end infrastructure that lets global brands process payments and expand into emerging markets without setting up a local entity.

FintechSaaS

eBaoTechebaotech.com in

eBaoTech builds core insurance software for insurers, offering sample applications and an app exchange that cover processes such as agent portal, policy administration, claims, billing, and reinsurance.

FintechInsurTechSaaS

Edgewater Marketsedgewatermarkets.com in 𝕏

Edgewater Markets provides electronic trading technology for FX, deliverable FX, non-deliverable forwards, and precious metals, deployed through local data centers and accessible via a customizable UI or API.

Data & InfrastructureFintechSaaS

Egressegress.com

Egress, a KnowBe4 company, provides a cloud email security platform that uses contextual machine learning and neural networks to defend against advanced phishing attacks and prevent accidental or malicious data loss.

AI & Machine LearningCybersecuritySaaS

Co-investorsAlbionVC

eLoan

Empyrean Benefit SolutionsMar 2015

Houston, US

Richard Wolfe(Executive Officer, Director)David Carlson(Executive Officer, Director)John Hill(Executive Officer)

BoardJohn Chadwick(Director)Christopher Winship(Director)Christopher Tan(Director)

Enfusionenfusion.com inJan 2015

Enfusion, now part of Clearwater Analytics, provides a front-to-back investment management platform covering portfolio management, trading, order management, and execution for asset managers, asset owners, insurers, and hedge funds.

AI & Machine LearningFintechSaaSChicago, US

Oleg Movchan(Director)Scott Werner(Executive Officer, Director)Stephen Malherbe(Executive Officer, Director)Tarek Hammoud(Executive Officer, Director)

Co-investorsICONIQ

ETF Securities

EXL

Financial Enginesfinancialengines.com in 𝕏Feb 2016

Edelman Financial Engines provides financial planning and wealth management services to individual and workplace retirement clients, including investment management, retirement and income planning, insurance review, tax strategy, and estate planning.

FintechSunnyvale, US

Joseph A. Grundfest(Director)Lawerence M. Raffone(Executive Officer, Director)Raymond J. Sims(Executive Officer)

BoardPaul G. Koontz(Executive Officer)Robert A. Huret(Director)Michael E. Martin(Director)

Co-investorsW Capital Partners

Finaro

Fleet One

FleetOne

FundAppsfundapps.co in 𝕏Jul 2025

FundApps provides automated compliance monitoring and regulatory reporting software, including shareholding disclosure services, for compliance teams at asset managers, hedge funds, pension plans, and other financial institutions.

CybersecurityFintechSaaS

Co-investorsScottish Equity Partners SEP

Gale Healthcare

Gale Healthcare Solutions

Globantglobant.com in 𝕏

Globant is an IT and software engineering services company that builds AI-native and digital products for enterprise clients across industries including sports, automotive, media, and government.

AI & Machine LearningDeveloper ToolsEnterprise Software

Martin Migoya(Executive Officer, Director)Guibert Andres Englebienne(Executive Officer, Director)Martin Gonzalo Umaran(Executive Officer, Director)Juan Ignacio Urthiague(Executive Officer)Yanina Conti(Executive Officer)Patricia Pomies(Executive Officer)

Co-investorsGlobant Ventures Riverwood Capital

GMI

Granum

Health Credit Services

Highwayhighway.com

Highway operates a carrier verification platform that replaces one-time onboarding with continuous verification of carrier identity, authority, insurance, capability, and driver participation before, during, and after every freight load.

CybersecurityLogistics & Supply ChainSaaS

ID-me

Mclean, US

Blake M. Hall(Executive Officer, Director)Matt Thompson(Executive Officer)Thomas Pouliot(Director)Alexander D. Perwich II(Director)

BoardNathan McKinley(Director)Kelly Perdew(Director)in

Co-investorsMoonshots Capital

IMPACT STORY

IndexIQ

Intrepid Learning Solutions

InvestCloud

Beverly Hills, US

John Wise(Executive Officer, Director)Colin Close(Executive Officer, Director)

BoardRichard Garman(Director)J.P. Whelan(Director)

Co-investorsKern Capital, LLC Motive Partners

JustParkjustpark.com in 𝕏Mar 2024

JustPark operates an online marketplace and app that lets drivers find and reserve parking and EV charging spaces, and lets space owners rent out their driveways or car parks.

MarketplacesMobility & TransportationPropTech

Co-investorsBMW i Ventures Index Ventures

JustPark

Kore-ai (2)

KVS

Lean Solutions Groupleangroup.com in 𝕏

Lean Solutions Group provides nearshore staff augmentation and outsourced teams combined with AI-enabled tools to support functions across industries such as financial services and transportation and logistics.

AI & Machine LearningFuture of WorkLogistics & Supply Chain

Liberisliberis.com in 𝕏

Liberis provides embedded finance infrastructure that lets partner platforms offer funding products to their small business merchants through a single integration.

Enterprise SoftwareFintechSaaS

LiveIntentliveintent.com in 𝕏Dec 2013

LiveIntent runs email-based advertising that places ads inside premium publisher newsletters, reaching logged-in readers via email-address identity rather than third-party cookies.

AdTechData & InfrastructureMarketing TechMedia & EntertainmentNew York, US

Matt Keiser(Founder & Chief Executive Officer)David Hendricks(Executive Officer)Jason Oates(Chief Business Officer)Brett Pinegar(COO / CFO)Jon Beck(Chief Revenue Officer)Abby Hamilton(Chief People Officer)

Co-investorsBattery Ventures Bullpen Capital Escalate Capital Partners Valor Capital Group First Round Capital Shasta Ventures

LoanProloanpro.io in 𝕏

LoanPro provides an API-first, configurable loan management platform that handles the full lifecycle of credit products—origination, servicing, payments, and collections—for financial institutions and lenders across consumer, business, and auto lending.

Enterprise SoftwareFintechSaaS

LogicSourcelogicsource.com in 𝕏

Norwalk, US

David F. Pennino(Executive Officer, Director)Nicole Burger(Ms. Burger is the Vice President - Finance of the Issuer.)Chris Skillin(Mr. Skillin is the Chief Financial Officer of the Issuer.)

BoardMichael Krupka(Director)Randy Christofferson(Director)Jeffrey C. Bloomberg(Director)

Co-investorsConnecticut Innovations

Luma

Luma Healthlumahealth.io in 𝕏

Luma Health provides patient engagement software for healthcare providers, including outbound conversational AI to recover missed appointments, automated care gap closure from faxed results, and no-code AI workflow tools.

AI & Machine LearningDigital HealthSaaS

Co-investorsCisco Investments Correlation Ventures Epsilon Health Investors InHealth Ventures Pallasite Ventures Shorooq Partners +4 more

ManyPetsmany-group.com in 𝕏

ManyPets (formerly Bought By Many) is a pet insurance provider offering health cover and preventative medication for cats and dogs, serving pet owners in the UK and USA.

ConsumerFintechInsurTech

MarketsAndMarkets

Marketshare

MedSynergies

Mu Sigma

N2F

Neon One

Neptune

OpenSesame

OpenSpan

Orbus Softwareorbussoftware.com inDec 2024

Orbus Software provides enterprise software for managing organizational change and digital transformation.

AI & Machine LearningEnterprise SoftwareSaaSLondon, GB

Steve Fulton(CEO)inDarren Weiss(CFO)inPeter Bates(CPO)inMaureen Pienta(CMO)in

Co-investorsGolub Growth

Ottimateottimate.com in 𝕏

Ottimate provides AI-driven accounts payable automation that processes invoices, flags overpayments and fraud, and speeds up book closing for finance and accounting teams.

AI & Machine LearningFintechSaaS

Bhavuk KaulRam Jayaraman

Co-investors500 Global

Paddlepaddle.com in 𝕏

Paddle is a payment infrastructure and Merchant of Record platform that handles transactions and back-office operations for software companies, including payment processing, tax compliance, and multi-currency management across global markets.

E-commerceEnterprise SoftwareFintechSaaSLondon, GB

Jimmy Fitzgerald(Chief Executive Officer)in

Co-investors83North Fuel Ventures Kindred Capital Notion Capital

Patrapatracorp.com inSep 2022

Patra offers an agentic AI platform purpose-built for insurance operations that reads, structures, compares, checks, and validates work across core workflows such as policy checking, certificate (COI) processing, quote comparison, renewals, and endorsements, with human experts handling judgment and exceptions.

AI & Machine LearningInsurTechSaaS

John Simpson(President and Director)Simon Davis(Vice President and Treasurer)Francis Heffernan III(Director)Mike Vostrizansky(Director)Brad Bernstein(Director)

PeopleCertpeoplecert.org in 𝕏

PeopleCert provides professional certification and examination programs, including the ITIL framework for IT service management and digital transformation.

EdTechEnterprise Software

Perfecto Mobile

Cloud-based enterprise testing, automation and monitoring for mobile apps.

Co-investorsGlobespan Capital Partners

PowerShares

Presidio Reinsurance Group

ProfitSolvprofitsolv.com in 𝕏

ProfitSolv provides a suite of billing, payments, and software solutions for professional services firms, including legal, accounting, consulting, architecture, and engineering practices.

FintechLegalTechSaaS

Co-investorsLightyear

Rapid Ratingsrapidratings.com in 𝕏

RapidRatings provides financial health intelligence and predictive analytics to help enterprises assess and reduce third-party and supply chain risk across their suppliers and vendors.

Data & InfrastructureFintechSaaS

Co-investorsLLR Spectrum Equity

ReliaQuestreliaquest.com in 𝕏

GreyMatter is an agentic AI security operations platform that provides six AI-powered personas to augment security teams in investigation, threat intelligence, detection engineering, threat hunting, and infrastructure monitoring.

AI & Machine LearningCybersecurityEnterprise Software

Brian Murphy(Founder)in

Co-investorsGolub Growth Gula Tech Adventures Moonshots Capital RPS Ventures Storm Ventures Ten Eleven

RiskalyzeDec 2014

Auburn, US

MICHAEL MCDANIEL(Executive Officer, Director)AARON KLEIN(Executive Officer, Director)

BoardANDY SWAN(Director)RYAN SHANKS(Director)STEVE RICKETTS(Director)

Saphyresaphyre.com in

Saphyre provides software for financial institutions to manage account onboarding and maintenance, tracking KYC, tax, credit, legal, and operational setup progress.

Enterprise SoftwareFintechSaaS

Security Compass

Shoutlet inFeb 2015

Madison, US

Aaron T. Everson(Executive Officer, Director)

BoardScott Bleczinski(Director)Joseph Davis(Director)Liron Gitig(Director)Daniel Reed(Director)inBrent Hill(Director)

Co-investorsAmerican Family Ventures

SourceCode

Spredfastspredfast.com in

Austin, US

Kenneth Cho(Director)Tim Barker(Executive Officer)Chris Harrington(Director)Jay Harry(Executive Officer)Favaron Rod(Executive Officer, Director)

BoardDoug Pepper(Director)

Co-investorsAllegro Venture Partners Elsewhere Partners OpenView Venture Partners Riverwood Capital Shasta Ventures Silverton Partners

Strata Fund Solutions

Sunlight Financialsunlightfinancial.com in 𝕏Sep 2015

Sunlight Financial provides home improvement financing for contractors nationwide, offering point-of-sale loan products such as Orange® and Tangerine™ that let homeowners apply for financing during the sales process.

FintechSaaSTeaneck, US

Neil Z. Auerbach(Executive Chairman and Director of the Issuer)Michael Ruehlman(President and Chief Operating Officer of the Issuer)Matthew R. Potere(Chief Executive Officer and Director of the Issuer)Emil Henry, Jr.(Director)Marc Blair(Director)Allessandro Boninsegna(Director)

Co-investorsBay Bridge Ventures Climate

Swan Global Investments

Symbio

Tango

Tango Cardtangocard.com in 𝕏

Tango provides a digital-first rewards and incentives platform that enables businesses to send gift cards, prepaid cards, and charitable donations to customers and employees.

Enterprise SoftwareFintechMarketplacesSaaSSeattle, US

David Leeds(Founder)Carrie Casanas(Executive Officer)G. Scott Greenburg(Executive Officer)Shauna Barker(Executive Officer)

BoardJulie Allegro Constantin(Director)Terry Kramer(Director)

Co-investorsAllegro Venture Partners Floodgate Group 11 SWaN & Legend Venture Partners

Tidal

Tidal Financial Grouptidalfinancialgroup.com in 𝕏

Tidal Financial Group operates a full-service ETF platform that helps asset managers launch, manage, trade, and grow ETFs, including converting managed accounts or mutual funds into ETFs.

FintechSaaS

Gavin Filmore(Chief Executive Officer)

Co-investorsInsignia Capital Group

True Potentialtruepotential.co.uk in 𝕏

True Potential is a financial services and wealth management provider offering investment, pension, and financial advice products in the United Kingdom.

FintechSaaS

Co-investorsCinven

Trustwavetrustwave.com in 𝕏Acquired

Trustwave (operating as LevelBlue) is a managed security services provider offering 24/7 threat detection, investigation, response, and cloud security services for enterprises.

CybersecurityEnterprise SoftwareChicago, US

Andrew Bokor(Executive Officer)Robert J McCullen(Executive Officer)Mark Iserloth(Executive Officer)David Parkinson(Executive Officer)Doug Klotnia(Executive Officer)James Kunkel(Executive Officer)

Co-investorsBright Pixel Capital JMI Equity Paladin Capital Group Partners for Growth Partners for Growth (PFG)The Argentum Group +1 more

Vagaro

VALDvaldperformance.com in 𝕏Sep 2024

VALD builds objective measurement technology and a centralized data platform (VALD Hub) that assess athletes' strength, power, movement, balance and other performance metrics.

HardwareHealthtechSports Tech

Co-investorsPerennial Partners Vistara Growth

Validus

Valitanavalitana.com in

Valitana builds analytics, portfolio management, and compliance software for structured credit markets, covering pre-trade analytics, post-trade surveillance, and multi-asset OMS/PMS across CLO, CMBS, and ABS portfolios.

Data & InfrastructureFintechSaaS

Varicent

Co-investorsSpectrum Equity Warburg Pincus

Velocity Shares

Verus Financial Management

VikingCloudvikingcloud.com in 𝕏

VikingCloud provides cybersecurity and compliance solutions that combine technology with AI-driven insights and expert support to help businesses stay secure and audit-ready.

AI & Machine LearningCybersecuritySaaS

Vindiciavindicia.com in 𝕏

Vindicia offers Retain, a failed payment recovery solution that uses payments intelligence and machine learning to automatically recover failed and unsolvable recurring transactions for subscription businesses.

AI & Machine LearningFintechSaaS

Co-investorsDCM Ventures

Vortx

Vórtxvortx.com.br in

Fintech

VPay

Welcome

WePaywepay.comAcquired

WePay provides payment processing infrastructure via API for software platforms, point-of-sale systems, and online marketplaces serving small and medium-sized businesses.

FintechSan Francisco, US

Bill Clerico(Founder/CEO)inRichard Aberman

Co-investors500 Global August Capital Lobby Capital Ritual Capital Y Combinator Highland Capital Partners

Windwardwindward.ai in 𝕏

Windward is a Maritime AI company that fuses multiple data sources — including AIS, dark vessel signals, EO, SAR, and RF — into a unified maritime intelligence picture with predictive, explainable analytics.

AI & Machine LearningData & InfrastructureDefense TechTel Aviv

Dov Gatmon(Director)Amiad Daniel(Executive Officer, Director)Patrick Poon(Director)Edmund John Phillip Browne(Director)Matan Peled(Director)

BoardEden Shochat(Director)

Co-investorsAleph Thompson Hutton, LLC

WorldFirstworldfirst.com in 𝕏

WorldFirst provides multi-currency business accounts with local bank details, marketplace payment collections, international transfers, and FX tools for e-commerce sellers and companies trading globally.

E-commerceEnterprise SoftwareFintech

Xign

Xplor

Zema

Zema Global

Zoovuzoovu.com in 𝕏

Zoovu offers an AI-powered product discovery platform that unifies search, recommendations, and personalization on a single engine.

AI & Machine LearningE-commerceRetail Tech

Rob Mullenin

Co-investorsBeringea Columbia Lake Partners EBRD Venture Capital Investment Programme Target Global

Exits · 1

IPOs and acquisitions across the tracked portfolio

EXL ServiceNASDAQ: EXLS

Portfolio news

latest coverage across their companies

Duos Technologies swings to $44M profit on asset sale | DUOT Quarterly Report (10-Q)

Duos · stocktitan.net · Aug 19, 2026

Assort Health Adds Senior Leaders From Samsara, Luma Health and Gusto Following $222 Million in Funding | citybiz

Luma Health · citybiz.co · Jul 21, 2026

Top Worktech News From the Week of July 17th: Updates from Oracle, Agiloft, Pega, and More

Agiloft · solutionsreview.com · Jul 17, 2026

Bay Paddle July 25 event raises funds, awareness for Chesapeake | Bay to Bay News

Paddle · baytobaynews.com · Jul 14, 2026

Egress Health — Automated revenue cycle management, starting with dentists | Billion Dollar Pitch Decks

Egress · billiondollarpitchdecks.com · May 3, 2026

Portfolio: embroker : Bee Partners

Embroker · beepartners.vc · Apr 20, 2026

Trustwave Holdings, Inc. | Company Profile - Revenue, Headcount, Tech Stack, Contacts

Trustwave · bitscale.ai · Feb 24, 2026

Alternative Investments Platform Gridline Raises $18.5M

InvestCloud · wealthmanagement.com · Jan 27, 2026

Fund performance · per public LP disclosures · 12

as of Sep 2025

Fund	Vintage	Committed	Net IRR	TVPI	DPI
FTV Ascend ILPs: Teachers' Retirement System of Oklahoma, Teachers' Retirement System of the City of New York, New York City Police Pension Fund +2 more	2024	—	—	1.05x	0.00x
FTV VIIILPs: Teachers' Retirement System of the City of New York, New York City Police Pension Fund, New York City Fire Department Pension Fund +1 more	2024	—	—	0.95x	0.95x
FTV VIII Co-InvestLPs: New York City Police Pension Fund	2024	—	—	0.98x	—
FTV Growth VII - CentreLPs: New York City Police Pension Fund	2022	—	0.0%	1.00x	0.00x
FTV VIILPs: Texas Municipal Retirement System, New York City Employees' Retirement System, Teachers' Retirement System of the City of New York +4 more	2022	—	9.2%	1.25x	0.08x
FTV VII Co-InvestLPs: New York City Employees' Retirement System, New York City Police Pension Fund, New York City Fire Department Pension Fund	2022	—	14.9%	1.24x	0.04x
FTV VI, L.P.LPs: Texas Municipal Retirement System, Teachers' Retirement System of the City of New York, New York City Employees' Retirement System +3 more	2020	—	16.0%	1.82x	0.82x
FTV VLPs: Texas Municipal Retirement System, New York City Police Pension Fund, New York City Board of Education Retirement System	2016	—	23.2%	2.63x	1.46x
FTV IVLPs: New York City Police Pension Fund	2013	—	23.3%	3.40x	3.14x
FTVentures III, LPLPs: New York City Employees' Retirement System, Teachers' Retirement System of the City of New York, New York City Police Pension Fund +1 more	2007	—	15.2%	2.16x	1.94x
FTVentures II & IIILPs: San Diego City Employees' Retirement System	2001	—	15.9%	1.37x	1.37x
FTV VII COINVESTMENTLPs: New York City Board of Education Retirement System	—	—	—	1.43x	—

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

How many investments has FTV Capital made?: FTV Capital has 129 tracked investments, 1 of which have exited via acquisition or IPO, including 4 dated in the last 24 months.
What stage does FTV Capital invest at?: FTV Capital invests at the Series A, Series B, Series C, Growth stages.
What is FTV Capital's typical check size?: FTV Capital typically writes checks of $10M – $30M.
What sectors does FTV Capital focus on?: FTV Capital focuses on AI & Machine Learning, Cloud Computing, Cybersecurity, Digital Health, Enterprise Software, Fintech, Healthtech, HR Tech, InsurTech, IoT, LegalTech, Logistics & Supply Chain, PropTech, SaaS.
Where is FTV Capital located?: FTV Capital is headquartered in New York, US.
Does FTV Capital lead rounds?: Yes, FTV Capital leads investment rounds.
Who does FTV Capital co-invest with?: FTV Capital most often shares deals with JMI Equity, 500 Global, Golub Growth, among 112 tracked co-investors.

Media · Podcasts & interviews

featuring the team

FTV Capital's Brad Bernstein on AI Investing | StartupHub.ai

Brad Bernstein · startuphub.ai

FTV Capital's Brad Bernstein on AI Investing | StartupHub.ai

Brad Bernstein · startuphub.ai

PE New York: Brad Bernstein of FTV Capital Spoke to Courtney McQuade

Markets Group · Brad Bernstein

The Expanding Role of Growth Equity: Brad Bernstein, Managing Partner, FTV Capital

S&P Global Market Intelligence · Brad Bernstein

Karen Derr Gilbert, Partner, FTV Capital | Videos & Movies on Vimeo

Jennifer Kammeyer · Karen Derr Gilbert · vimeo.com

Images

Co-investors · 2

The Chernin Group (TCG Crypto)

TCG (formerly The Chernin Group) is an investment firm that backs platforms and brands shaping culture, focused on sports, media, and content businesses with strong brand identities and loyal fan communities.

$50K – $5M

TCV

TCV is a growth equity investor that has backed global, category-defining technology companies for nearly three decades, partnering with mission-driven teams to help them scale.

$10M – $500M

Firms observed investing alongside FTV Capital, from public investor directories. Shared companies are the overlap with FTV Capital's recorded portfolio.

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