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Texas-Squared Startup Newsletter #449
Texas Startup News, Opinion & Events in the Lone StartUP State
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CONSUMER PACKAGED GROWTH. Austin Business Journal ARTICLE
Strattam Capital Closes Third Fund with $308 Million in Capital Commitments — Link
“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.”