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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

£2.7B

under management

By category

  • eCommerce£184M
  • InsurTech£78.4M
  • FinTech£68.4M
  • AI/ML£50.3M

By location

  • London£216M
  • Europe£78.4M
  • Reading£50.3M
  • New York£36.4M

Portfolio companies

BB

Bought By Many

Bought By Many offers digital insurance products.

CloudFactory

CloudFactory

CloudFactory delivers managed workforce solutions for artificial intelligence data processing.

Liberis

Liberis

Liberis provides accessible embedded finance platforms and revenue-based funding for small businesses.

OS

Orbus Software

Orbus Software provides SaaS enterprise transformation and architecture platforms.

Paddle

Paddle

Paddle provides an e-commerce management platform tailored for software businesses.

VR

Validus Risk Management

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


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
View all 8 team members
KV

Kapil Venkatachalam

Partner

Kapil is a partner at FTV Capital, focusing on B2B software and tech enabled services. He previously spent over a decade and a half as a general partner at TCV after starting his career in technology investment banking at Goldman Sachs & Co.

LinkedIn
MC

Mike Cichowski

Partner

Mike brings growth investing experience from FTV Capital, Aquiline Technology Growth, and Daher Ventures. He also serves as a board member for Valitana, Saphyre, and Validus Risk Management.

LinkedIn

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, 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