TLDR:
- Cypress Growth Capital raised an oversubscribed Fund V of $60 million in just 43 days, defying market norms.
- The private equity firm has made 10 investments in the past 15 months and is expanding its team to support its growing portfolio.
Dallas-based Cypress Growth Capital closed its oversubscribed Fund V at $60 million in just 43 days, defying market norms. The firm, known for non-dilutive growth capital investments in tech-enabled services and SaaS companies, has raised $10 million more than originally targeted. The quick close of the fund is attributed to the firm’s strategy and strong track record. With the fund’s success, Cypress Growth Capital is expanding its team, recently welcoming partner Cliff Sentell and planning to make additional hires in the near future.
Despite the challenging fundraising environment, Cypress Growth Capital has seen unprecedented success with Fund V. The firm’s focus on creating value for its portfolio companies and its equity-preserving investment model have been particularly appealing to entrepreneurs who are cautious about high valuations and equity dilution. With a history of over $2.4 billion in enterprise value created and $600 million in entrepreneur wealth generated, Cypress Growth Capital is demonstrating its ability to identify and support high-potential companies in the tech-enabled services and SaaS sectors.
In the past 15 months, Cypress has made 10 investments, well above its historical average. The firm is expanding its geographic reach, with recent deals in states like Georgia, Colorado, and the Carolinas. Cypress remains committed to investing in founder-led companies in tech-enabled services and B2B SaaS, providing capital and operational expertise to help them succeed. With plans to deploy Fund V, Cypress Growth Capital is focused on supporting the growth of high-potential companies in innovative sectors.
