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FTV Capital

FTV Capital

Venture Capital

FTV Capital is a sector-focused growth equity investment firm that invests in enterprise and financial technology companies.

Portfolio

6

companies

AUM

£2700M

under management


Portfolio companies

VR

Validus Risk Management

Validus delivers software and financial risk management platforms for private markets.

OS

Orbus Software

Orbus Software provides SaaS enterprise transformation and architecture platforms.

Paddle

Paddle

Paddle provides a complete payments infrastructure and merchant of record service for software companies.

BB

Bought By Many

Bought By Many provides digital pet insurance policies for cats and dogs.

Liberis

Liberis

Liberis provides an embedded business finance platform for small enterprises.

CloudFactory

CloudFactory

CloudFactory delivers managed workforce solutions for artificial intelligence data processing.


Team

AM

Alex Mason

Partner

LinkedIn
Abhay Puskoor

Abhay Puskoor

Principal

Abhay is a senior vice president at Vista Equity Partners. He previously served as a principal at Ftv Capital and an analyst at Credit Suisse.

LinkedIn
JH

Jerome Hershey

Senior Investment Advisor

Jerome serves as a senior investment advisor and principal at FTV Capital, holding board seats at Highway, Windward, Lean Solutions Group, and Liberis.

LinkedIn
Mike Vostrizansky

Mike Vostrizansky

Mike is a partner at FTV Capital, following investment roles at Pine Brook Road Partners and Flexpoint Ford.

LinkedIn
BB

Brad Bernstein

Managing Partner

Brad brings investment and private equity experience from roles at FTV Capital and Oak Hill Capital.

LinkedIn
Kyle Griswold

Kyle Griswold

partner

LinkedIn
KV

Kapil Venkatachalam

Partner

MC

Mike Cichowski

Partner


Recent investments

Seed
£36.4M

FTV Capital led a growth equity investment into the private markets risk management platform.

"For the past 15 years, our relentless commitment to excellence has been the foundation of our success. We are proud to serve some of the world’s largest private capital managers, while maintaining a culture that never stands still. Innovation drives us—whether through designing customized hedging strategies or developing technology that streamlines operations, mitigates risk, and enhances efficiency for our clients. With the backing of FTV Capital, we are poised to scale faster and deliver even greater value to our growing client base."
— Kevin Lester, Chief Executive Officer
Seed
$2

FTV Capital led the investment round with participation from existing backer SilverTree Equity to accelerate product development and market reach.

"We are immensely proud of Orbus’s track record of strong growth and product innovation over the past few years. We have solidified our position as a market leader in enterprise architecture. FTV’s investment and SilverTree’s significant rollover reflect the tremendous progress we’ve made and the significant opportunity ahead. Together, we will accelerate our expansion into key markets, enhance our AI-driven platform, and continue to deliver exceptional value to our customers worldwide. We are excited for this next chapter of growth and success."
— Gareth Burton, CEO
Series D+
$163M

The Series D round values the payments infrastructure provider at $1.4bn and includes participation from several existing investors.

"The opportunity in software is enormous, with tens of thousands of incredibly innovative businesses bringing great products to market every year. Unfortunately, many SaaS companies still find their growth hindered by the operational challenges that arise when scaling; from handling subscriptions management or tax compliance to localizing payment options in every market. Paddle was created to remove these invisible barriers so that SaaS companies can just focus on building and selling software. 2021 was a fantastic year for us, but we are only just getting started. We have big plans for 2022 and beyond and we’re delighted to have the backing of so many fantastic investors who all share our vision."
— Christian Owens, CEO and co-founder
Series C
£52.0M

The revenue delivery platform has secured £52m in a Series C round led by FTV Capital to fuel global expansion.

"We are witnessing a systemic shift within software, with the ‘growth at any cost’ mindset gradually being replaced by a realisation that businesses must scale more efficiently and with clearer purpose. We’ve been extremely impressed with Christian and Harrison’s ambition and Paddle’s growth to date and we believe they are defining a new category with Paddle’s Revenue Delivery Platform — one that will be critical to helping companies adapt to change while empowering them to take advantage of the huge acceleration in demand for digital products. With more than two decades investing in the SaaS and payments sectors, FTV will bring the best of our domain expertise to accelerate Paddle’s exciting growth."
— Kyle Griswold, partner
Series C
£78.4M

FTV Capital led the £78.4m growth equity round with backing from existing investors to support new market entries and product development.

"We’re delighted to close this round with the full support of our investors. This investment gives us the opportunity to look ahead, create more jobs and provide the insurance pet owners care about for years to come."
— Steven Mendel, CEO
Seed
£32.0M

The funding round was led by FTV Capital with participation from Blenheim Chalcot.

"Small businesses are the lifeblood of the global economy, yet they continue to be turned away by banks and traditional lenders or faced with unhelpful repayment terms and complex processes. We are delighted with this investment from FTV Capital as it means we can continue to onboard new partners, expand our product range and grow our team in order to serve the 50 million small businesses across the US, Europe and the UK with much needed funding. 2020 is set to be an exciting year for Liberis and this financial investment will help to accelerate our plans so we can support thousands more small businesses around the world with fast, flexible and fair funding."
— Rob Straathof, CEO
Series C
£50.3M

FTV Capital led the investment round with participation from Weatherford Capital to advance workforce development and global market expansion.

"CloudFactory is poised for tremendous growth across many industry verticals where executives are clamoring for data labeling capabilities that meet superior quality standards and are consistently delivered. We are excited to partner with CloudFactory’s proven management team who have the unique vision and exemplary execution skills to achieve their business goals and successfully fulfill their mission."
— Alex Mason, Partner