March Capital is a venture growth firm headquartered in Santa Monica that invests globally in technology companies specialising in software, automation, and artificial intelligence.
Portfolio
2
companies
AUM
£1650M
under management
Luminance
Luminance builds artificial intelligence technology to automate and manage enterprise contract lifecycles.
Tessian
Tessian builds machine learning technology to secure the human layer and prevent accidental data loss in enterprises.
Jamie Montgomery
Co-Founder and General Partner
Jamie brings investment and board experience as co-founder and managing partner at March Capital, alongside founding The Montgomery Summit.
LinkedInHyun Koo
Partner
Point72 Private Investments led the round to support global expansion and research initiatives.
"We know this market well and strongly believe in the power of next-generation AI to revolutionise contracting processes across the enterprise. We are excited to back Luminance as it continues building a specialist and trusted technology that has already been adopted by many of the world’s largest organizations. Their team, strategy and vision positions them well to win this market."
March Capital led the Series B round with backing from National Grid Partners and Slaughter and May to fund expansion in the United States.
"This latest round of funding will help us to bring our technology to new markets, strengthen our foothold in the United States where Luminance now generates over one third of its revenue, and solidify our position as the clear market leader in this space."
March Capital led the Series C round, which values the enterprise security firm at $500m and brings total funding to over $120m.
"The security of our operations and data is paramount to the success of Arm, and we’re committed to empowering our people to make sound security decisions while doing their jobs effectively. The concept of human layer security is becoming a critical part of doing business today. Tessian enables us to reduce risk across the organization by providing valuable tools and knowledge to not only stop threats like advanced phishing attacks and accidental data loss, but also continually improve the security behaviors of our teams as the threat landscape evolves."
