BURLINGAME, Calif. & NEW YORK--(BUSINESS WIRE)--PeakSpan Capital announced today it has closed PeakSpan Capital Growth Partners I, L.P., an oversubscribed $150 million fund to invest in growth stage business software companies. While PeakSpan is a new fund, the firm’s strategy is predicated on an approach that Phil Dur and Brian Mulvey, the firm’s co-founders, developed while working together the past eight years.
“We launched PeakSpan with the ambition of building the partner of choice for growth-stage business software companies looking to secure capital and domain expertise to drive resilient growth and value creation,” said Phil Dur, Managing Partner and Co-Founder of PeakSpan Capital. “At its core, our philosophy is centered on leveraging our senior team’s collective 30+ years of experience investing in business software to work shoulder to shoulder with the entrepreneurs and management teams with whom we partner.”
“PeakSpan is unique because we marry an old world, relationship-driven approach to working with management teams with a new world emphasis on data and proprietary technology to supercharge our performance and ability to impact our companies,” said Brian Mulvey, Managing Partner and Co-Founder of PeakSpan. “Our proprietary technology stack, including a database of over 80,000 private company profiles and related information on the business software arena, provides us with the means to punch well above our proverbial weight in everything from sourcing to strategic development.”
About PeakSpan Capital
PeakSpan Capital is a growth equity firm based in Silicon Valley and New York City, exclusively investing in business-to-business software companies which serve the full spectrum of buyers from small businesses to large enterprises. PeakSpan looks to combine its focus and domain expertise with business software with a rich portfolio of proprietary technology assets to help entrepreneurs drive resilient growth and value creation.