Riverwood Capital
Growth equityMenlo Park · Growth–Late Stage · 43 people tracked
Also known as RIVERWOOD CAPITAL MANAGEMENT L.P.
Investment thesis
Riverwood Capital partners with proven technology and tech-enabled businesses—defined as profitable companies or those with positive unit economics—to help them scale into world-class organizations. The firm targets companies with large market opportunities and demonstrated business models that can accelerate growth with additional capital and support. Riverwood emphasizes scalability, profitable growth, culture, and teamwork, and can structure either minority or control deals. It draws on a Scalability Playbook, an advisor network, and institutional relationships to provide operational and strategic help. Investments are pursued globally, with particular emphasis on North America, Latin America, and select emerging markets.
Source: firm website, verified Aug 3, 2026.
Team · 43 people
from the firm's website & public directoriesWhat they invest in
from 26 of 164 portfolio companiesEnterprise Software ×15AI & Machine Learning ×14SaaS ×11Data & Infrastructure ×7Cybersecurity ×6HR Tech ×4Marketing Tech ×3PropTech ×3
HQs:United States×25Brazil×3Chile×1Colombia×1United Kingdom×1
Investments · 164 tracked
founders shown can be your intro pathVTEX offers a composable digital commerce platform for brands, retailers, and manufacturers to run B2B and B2C online stores.
E-commerceRetail TechSaaSGrand Cayman, BR
Paulo Passoni(Director)Francisco Alvares Demalde(Director)Andre Spolidoro Ferreira Gomes(Director)Mariano Gomide de Faria(Founder & Co-CEO)Geraldo do Carmo Thomaz Junior(Executive Officer, Director)Geraldo Thomaz(Founder & Co-CEO)
Board seatFrancisco Alvarez-Demalde· per SEC Form D
BlackBerry operates two divisions focused on security and innovation: one providing end-to-end encryption and zero-trust identity control for governments and critical industries, and another offering QNX embedded software and real-time operating systems used in over 275 million vehicles worldwide.
CybersecurityEnterprise SoftwareIoT
Dallas, US
Al Bhakta(Director of the Issuer)Todd Minnis(Chairman of the Board of Directors of the Issuer)Lori Wittman(Director of the Issuer)Matthew Troxell(Director of the Issuer)Jeff Fuge(Senior Vice President of the Issuer)Kirk Klatt(Senior Vice President of the Issuer)
Neighborhood social network; IPO 2021
Nutanix provides a cloud infrastructure platform that enables organizations to run applications, data, and AI across hybrid environments including public clouds, private clouds, datacenters, on-premises, and edge locations.
AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareSan Jose, US
Rajiv Mirani(Executive Officer)Howard Ting(Executive Officer)Michael P. Scarpelli(Director)Jeffrey T. Parks(Director)Dheeraj Pandey(Executive Officer, Director)Duston M. Williams(Executive Officer)
One Model provides a platform for HR teams to extract, analyze, and visualize workforce data through explainable AI and analytics tools.
AI & Machine LearningEnterprise SoftwareHR TechSan Antonio, US
Chris Butler(Co-Founder, CEO)David Wilson(Co-Founder, COO)Matthew Wilton(Co-Founder, CTO)
BoardDon Douglas(Director)
SecurityScorecard provides third-party risk management (TPRM) software using AI to help organizations identify, monitor, and mitigate cybersecurity risks across their supply chain and vendor networks.
AI & Machine LearningCybersecurityEnterprise SoftwareSaaSNew York, US
Aleksandr Yampolskiy(Founder & CEO)inSam Kassoumeh(Director)
Montclair, US
Adam Grant(Director)Giancarlo Esposito(Director)Michelle Kydd Lee(Director)Panagiotis Stylianos Gianopoulos(Director)William Moran(Director)Molly Ringwald(Director)
Board seatChris Varelas· per SEC Form D · $6.5M raise · filed Aug 2025
Fort Worth, US
Mike Zappert(Director)Anilu Vazquez-Ubarri(Director)Francisco Alvarez-Demalde(Director)Astha Malik(Director)Steve Ellis(Director)Daniel Chait(Executive Officer, Director)
Board seatFrancisco Alvarez-Demalde· per SEC Form D · $271.6M raise · filed Mar 2021
Greenhouse is an end-to-end hiring platform for scaling companies that manages talent sourcing, recruitment, candidate evaluation, and employee onboarding through structured workflows and analytics.
AI & Machine LearningEnterprise SoftwareHR TechSaaS
Daniel Chait(Founder)inMamoon Hamid(Director)Jonathan K. Stross(Executive Officer, Director)
Board seatFrancisco Alvarez-Demalde· per SEC Form D · $50M raise · filed Jul 2018
Industrious operates a network of coworking and private office spaces that serve hybrid workers and small teams.
Future of WorkPropTech<UNKNOWN>
Marc Schechter(Director)Jamie Hodari(Executive Officer, Director)Michael Robson(Executive Officer)Lee Linden(Director)Justin Stewart(Executive Officer, Director)Dave DeClark(Director)
Board seatFrancisco Alvarez-Demalde· per SEC Form D · $85M raise · filed Feb 2018
Grand Cayman
Wolfgang Schwerdtle(Director)Francisco Alvarez-Demalde(Director)Lee Fixel(Director)Nicolas Szekasy(Director)Cassio Casseb(Director)Leonardo Dib(Director)
Board seatFrancisco Alvarez-Demalde· per SEC Form D · $45M raise · filed Apr 2015
Wilmington, US
Volkan Erturk(Director, Executive Officer)Hamdi Alper Memis(Director, Executive Officer)Volkan Ert?rk(Executive Officer, Director)
BoardSeymur Tari(Director)Joe De Pinho(Director)Cem Sertoglu(Director)
Board seatJoe De Pinho· per SEC Form D · $45M raise · filed Sep 2024
Garnerville, US
Jose De Pinho(Director)Aaron Rubin(Executive Officer, Director)Maggie Barnett(Executive Officer, Director)Jonathan Gutwein(Director)
Board seatFrancisco Alvarez-Demalde· per SEC Form D · $10.4M raise · filed Nov 2022
SpyCloud is an identity threat protection company that detects and responds to stolen credentials, malware-exfiltrated data, and phishing intelligence to prevent account takeover, fraud, ransomware, and session hijacking for enterprise customers.
CybersecurityEnterprise SoftwareAustin, US
Jason Lancaster(SVP, Investigations)Trevor HilligossPhil Fuster(VP, Federal Sales)John Stewart(Director)Edward Ross(Executive Officer, Director)Kip McClanahan(Director)
Board seatHarish BelurVizay Kotikalapudi· per SEC Form D
Centennial, US
SEAN D MCARTHUR(Executive Officer, Director)STEPHEN LAWLER(Director)ALEXANDER WIECHERT(Director)ERIK JORGENSEN(Executive Officer, Director)TOM SMACH(Director)
Board seatTom Smach· per SEC Form D · $7.5M raise · filed Oct 2019
Palo Alto, US
S. Mohan(Director)Jonathan Yaron(Executive Officer, Director)Jeffrey Parks(Director)Patrick Cordes(Director)Wai San Loke(Director)
Alation builds a data catalog platform with machine learning and generative AI capabilities that helps enterprises find, understand, and trust their data.
AI & Machine LearningData & InfrastructureEnterprise SoftwareRedwood City, US
Satyen Sangani(Founder)Dr. Venky Ganti(Founder)Dr. Feng Niu(Founder)Aaron Kalb(Founder)
BigID is a data security platform that discovers, classifies, and governs enterprise data across cloud, SaaS, and unstructured environments to enable privacy, security, and compliance.
CybersecurityData & InfrastructureEnterprise SoftwareMamaroneck, US
Gil Beyda(Director)Nimrod Vax(Secretary, Director)Dimitri Sirota(President, Treasurer, Chief Executive Officer, Director)
BoardEd Sim(Director)
Irvine, US
Steven Dietz(Director)Prateek Singh Khokhar(Executive Officer)Caitlyn Peskind(Executive Officer)William D. Dallas(Executive Officer, Director)Michael Middleman(Director)Steven Shafran(Director)
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Fund performance · per public LP disclosures · 3
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Riverwood Capital Partners IVLPs: California State Teachers' Retirement System | 2023 | — | 16.7% | 1.12x | — |
| Riverwood Capital Partners IIILPs: California State Teachers' Retirement System | 2020 | — | 15.8% | 1.58x | 0.29x |
| Riverwood Capital Partners (Parallel - A) L.P.LPs: California Public Employees' Retirement System | 2010 | — | 22.7% | 1.96x | 1.71x |
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 stage does Riverwood Capital invest at?
- Riverwood Capital invests at the Growth, Late Stage stages.
- What is Riverwood Capital's typical check size?
- Riverwood Capital typically writes checks of $25M – $250M.
- What sectors does Riverwood Capital focus on?
- Riverwood Capital focuses on AI & Machine Learning, Cloud Computing, Cybersecurity, Enterprise Software, Fintech, SaaS, Sector Agnostic.
- Where is Riverwood Capital located?
- Riverwood Capital is headquartered in Menlo Park, US.
- Does Riverwood Capital lead rounds?
- Yes, Riverwood Capital leads investment rounds.
Media · Podcasts & interviews
featuring the teamFrancisco Alvarez-Demalde, Co-Founder + Managing Partner of Riverwood Capital joins NYSE Floor Talk
New York Stock Exchange · Francisco Alvarez-Demalde
Co-investors · 10
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Firms observed investing alongside Riverwood Capital, from public investor directories. Shared companies are the overlap with Riverwood Capital's recorded portfolio.
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