Strattam Capital Investment Fund III Closed on $308 Million
22 April 2024
Supports Technology Buyouts and Scaling Innovative Founder-Led Companies
Austin, Texas – April 22, 2024 – Strattam Capital, a private equity firm focused on investing in founder-led B2B technology companies, today announced the closing of its third flagship fund, Strattam Capital Investment Fund III (“SCIF III”), with total commitments of $308 million. With strong support from existing and new investors, SCIF III builds on the firm’s previous fund with a 33% increase in capital commitments, bringing total AUM to more than $1 billion.
“We are grateful to our capital partners for their unwavering support and confidence in Strattam,” said Bob Morse, Co-Founder and Managing Partner at Strattam Capital. “Our Five-Point Plan approach of aligning before signing resonates with founders when they choose to bring in a capital partner.”
Strattam has maintained its strategy of investing in independent, founder-led technology companies with equity investments ranging from $20 million to $60 million. The Firm’s investment process is rooted in the belief that successful relationships between founders and private equity firms demand collaboration and transparency. Through its unique Five-Point Plan process, Strattam agrees with founders on the highest priority initiatives and establishes a detailed plan to support their execution before binding commitments are made.
“This new fund allows Strattam to continue partnering with founders who have built exceptional businesses,” said Adrian Polak, Co-Founder and Partner at Strattam Capital.
Since its founding in 2014, Strattam has completed transactions with more than 50 founder-led companies across 16 platforms. The firm has been honored as an Inc. Founder-Friendly Private Equity Firm for each of the past four years.
Harken Capital served as the placement agent for Strattam. Weil, Gotshal & Manges provided legal counsel.
About Strattam Capital
Strattam Capital invests in founder-led independent B2B software and technology companies across North America. We believe in aligning with founders and CEOs before signing, via our Five-Point Plan process to allow execution with purpose, excitement, and efficiency. With offices in Austin and San Francisco, we connect companies with the people, process, and scale needed to reach their potential. For more information, please visit Strattam.com.