Late stage funding is intended for more mature companies in need of backing for new product and project developments, expansion, growth objectives, or pre-IPO activities.¬† While some investors focus on¬†early stage, seed stage, and start up capital,¬†late stage¬†private equity can result¬†in larger amounts ranging from $2 million to $75 million¬†in funding¬†based¬†on¬†your¬†company’s status, needs, cash flow, revenues, profit,¬†and potential.
According to reports by Dow Jones this year,¬†funds for late stage financing have increased¬†more than 70%.¬†And just as some venture capitalists¬†focus¬†on industry, market, or region,¬†some firms specialize in¬†full-cycle financing while some are only interested in late stage¬†rounds.¬†Normally,¬†this type of¬†equity is raised through¬†funds¬†managed by established¬†late stage venture capital firms.
If your company¬†needs help getting to that next¬†phase, submit your business plan to FindVenture.com.
Emigrant Capital provides late stage financing to companies with $20 million-$100 million in annual revenue.¬†¬†It is a subsidiary of Emigrant Savings Bank and operates a $150 million fund.
Kline Hawkes & Co. operates three funds totaling $300 million in capital.¬†¬†Although it focuses on Southern California and west coast funding, they also provide funding to companies across the nation in IT, industrial manufacturing, enterprise software, business¬†services, and aerospace/defense. Kline Hawkes & Co. invests late stage¬†amounts ranging from $5 million to $10 million.
Morgan Stanley Venture Partners is a subsidiary of $30¬†billion¬†global financial services company, Morgan Stanley.¬† Since¬†its launch in 1986, it has invested more than $1.2 billion in more than 140 companies for investors in their network.¬†¬†The company provides¬†late stage investments¬†of $5 million to $30 million to businesses in the healthcare and technology sectors.
Institutional Venture Partners has backed more than 300 companies since its formation in 1980 including Netflix, MySQL, and¬†Motion Computing.¬†¬†It currently has $3 billion in committed capital and focuses on high-growth businesses¬†within media and technology. Institutional Venture Partners is considered¬†one of the most successful media venture capital firms.
Convergent Capital specializes in late stage financing ranging from $2 million to $8 million for small businesses in diverse industries with positive cash flow and annual revenue of more than $5 million.¬†¬†The company was launched in 1998 and currently has¬†more than $150 million in capital¬†under management.
Morgenthaler Ventures is a venture capital and private equity firm with $3 billion in capital under management.¬† Over the past 40 years, it has invested in more than 300 companies in the IT and life sciences spaces.¬† With investments ranging from $5 million to $15 million, Morgenthaler Ventures has backed companies such as Nextel and Apple.
Capital Resource Partners provides investments ranging from $5 million to $25 million to companies in consumer products and services, business services, software/information services, proprietary industrial products/services, and healthcare services.¬† Companies within their portfolio are typically profitable with revenue of $15 million or more.¬† Over the past 23 years, Capital Resource Partners has backed more than 80 companies, and currently manages $1 billion in capital spanning five funds.
Gemini Investors has invested more than $350 million in over 75 companies nationwide since 1993.¬† The company focuses on businesses with revenues of $10 million to $50 million, providing backing ranging from $3 million to $8 million. Gemini Investors supports companies through growth objectives, acquisitions, and buyouts.
FTV Capital invests is a venture capital firm¬†backing¬†companies within the software, business services, and financial services sectors.¬† Since its formation in 1998, it has provided backing ranging from $10 million to $75 million, and currently has $1 billion in committed capital spanning three funds.