FTV Capital

We’re so happy to kick off 2025 by announcing the close of our latest (and record!) fundraise totaling $4.05 billion in capital commitments for FTV VIII, our flagship fund, and FTV Ascend I, a debut fund dedicated to smaller investments. 🎉 With this fundraise we carry forward our mission to partner with the most innovative, high-growth companies globally and help them accelerate growth. Building on our 26-year lineage of proactively identifying, funding and supporting entrepreneurs, our approach with FTV VIII and FTV Ascend I remains steadfast: … Focus on core sectors – enterprise and financial technology and services – where we have significant experience and a proven track record. … Build long-term relationships rooted in trust and collaboration to drive exceptional outcomes.  … Add value by leveraging our deep domain expertise, distinctive Global Partner Network®, and proven value creation platform via FTV Propel®. As growth equity plays an increasingly vital role in the innovation ecosystem, the launch of FTV Ascend I alongside our flagship fund allows us to support more entrepreneurs across a broader equity check spectrum while ensuring that every FTV portfolio company benefits from the breadth and depth of our platform. We couldn’t be more excited to partner with the next generation of entrepreneurs who are shaping global industries. Thank you to our limited partners, management teams, strategic advisors, Global Partner Network executives and the many other collaborators in our extended community for your partnership in #PoweringGrowthTogether. 🙌 📰 Read the full announcement in our press release: https://lnkd.in/gNTPPCtA #growthequity #growthinvesting

Exciting news for FTV-backed Vagaro as the company continues to deliver innovative technology solutions for the beauty and wellness industry and reinforce its leadership at the intersection of vertical software and embedded finance! #verticalsoftware #embeddedfinance #businessmanagementsoftware

Thrilled to share that FTV Capital has led a significant strategic growth investment in ButterflyMX, the leading cloud-based property access platform for multifamily and commercial properties. 🦋   ButterflyMX makes property access simple and secure, providing a property-wide suite of software enabled products and services – from video intercoms and connected access control systems to security cameras and front desk management. And the property access control and security market will only continue its explosive growth as demand increases for intelligent solutions that boost revenue, reduce operating expenses, enhance security and improve user experiences.    With nearly 17,000 buildings across North America already using ButterflyMX daily, our investment will help the company expand into new markets, accelerate new product offerings and solidify its position as the leading provider of property access control and security solutions. This investment also highlights FTV’s growing body of work in the proptech ecosystem and joins a large cohort of FTV investments in the security space, where we have extensive experience.   Congrats to Aaron Rudenstine and the entire ButterflyMX team. It's been a pleasure getting to know you over the past three years, and we look forward to helping fuel your growth ahead. Welcome to the FTV portfolio! 🙌 📰 Read the full press release: https://lnkd.in/geevqPGx   #proptech #security #propertymanagement #PoweringGrowthTogether #growthequity CC: Lead Edge Capital, Fifth Wall, JMI Equity, Volition Capital, Richard Liu, Kapil Venkatachalam, Chris McPherson, Adam Motani, Steve Provencher

Very excited to announce that FTV portfolio company, Enfusion (NYSE: ENFN), and Clearwater Analytics (NYSE: CWAN) have entered into a definitive merger agreement for Clearwater to acquire Enfusion for approximately $1.5 billion. 🙌   The acquisition marks an exciting new chapter for all of Enfusion’s key stakeholders and accelerates Clearwater’s vision of building the first cloud-native front-to-back platform for the entire investment management industry.   Thank you to Oleg Movchan and Michael Spellacy for your continued leadership, as well as the entire senior management team and board of directors of Enfusion for your leadership and hard work to achieve this great result. We look forward to what these two innovative software leaders can achieve together to better serve institutional investment managers! 📰 https://lnkd.in/g2tfibhq #investmentmanagement #investmentoperations CC: Brad Bernstein, Robert Anderson, Brent Fierro, Max Weber, Alexis L.

2024 … what a year! 🙏   - $1.0B+ in realizations - $1.6B+ deployed - Opening our London office - Continued collaboration with our Global Partner Network® and driving portfolio growth via FTV Propel® - Strengthening our team with new hires and expanded leadership - And so much more ...   … all culminating in the successful close of our $4.05 billion fundraise for FTV VIII and FTV Ascend I!   Check out our 2024 year in review to get all the highlights surrounding our record momentum and results as we partner with some of the most ambitious entrepreneurs globally. 👉 https://lnkd.in/gushQxa4 We look forward to powering growth together in 2025! 🚀 #2024yearinreview #growthequity #poweringgrowthtogether

Alongside our fundraise news earlier this week, we're thrilled to announce the expansion of our leadership team with several promotions, including:   Karen Derr Gilbert, who joined FTV in 1999 and became partner in 2013, will assume an expanded leadership role as partner and chief operating officer, in which she will lead strategic initiatives to help effectively drive the firm’s growth.   Michael Cichowski, who joined the firm in 2023 as a partner, was named co-head of FTV Ascend. Mike leads investments in financial technology and services.    Alexander Malvone was promoted to partner and co-head of FTV Ascend, alongside Mike. Alex has been with FTV since 2013 and leads investments in enterprise technology and services.   Brent Fierro was promoted to partner. Brent has been with FTV since 2013 and leads investments in financial technology and services.   Paul Cabral, chief financial officer, was promoted to partner. Since joining FTV in 2023, Paul has had a significant impact on the firm’s financial operations and investor reporting.   We thank them for their many contributions and hope you'll join us in celebrating these exceptional leaders. 👏👏 #PoweringGrowthTogether #leadership #partnership

Our latest fundraise, and FTV's existence, wouldn't be possible without the many supporters and collaborators in our orbit. Here's a message of gratitude from our managing partner, Brad Bernstein, as we embark on FTV VIII and FTV Ascend I to continue powering enduring businesses. 🙏 #PoweringGrowthTogether #growthequity #growthinvesting

Here's more about our fundraise in Bloomberg News. Thanks to Gillian Tan for covering this significant milestone and for highlighting our momentum and the exciting opportunity for growth equity today. 📰 Read the full article here: https://lnkd.in/g_GdP-ei   #fundannouncement #growthequity #growthinvesting

“There is a lot of pent up demand, but the question is with so many companies that need to go to market, where will the buyers be in terms of valuation."   FTV Managing Partner Brad Bernstein talks to Bloomberg News' Bailey Lipschultz in this story on the IPO market as more companies look to go public this year.   📰 Read the full article here: https://lnkd.in/gKHfppKE   #IPOmarket #valuations #privatemarket

Very happy to welcome Jay McNamara as CEO of Masttro! Looking forward to working together as this talented team continues to revolutionize the wealth management industry. 👏   #Masttro #wealthmanagementtech #digitalwealthmanagement