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.