Greenridge Growth Partners Raise $255 Million for Second Fund

Greenridge Growth Partners, a private equity firm investing in growing, bootstrapped software companies, has successfully closed its second fund, Greenridge Growth Partners II, L.P. with $255 million in new capital commitments. The fund was oversubscribed and received diverse commitments from various investors, including endowments, foundations, asset managers, family offices, fund-of-funds, founders, and industry executives. 

Greenridge focuses on control investments in founder-owned B2B software businesses with annual recurring revenue ranging from $5 million to $15 million. The firm intends to continue investing in purpose-built, vertical-specific software businesses in partnership with exceptional entrepreneurs

Greenridge Growth Partners is a software-focused private equity firm based in Austin, TX, seeking to invest alongside outstanding software entrepreneurs. The firm has fourteen professionals based in Austin across its sourcing, investment, and operations teams.