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Arsenal Growth Equity

North America, Florida, United States, Winter Park

Description

Arsenal Growth Equity, established in 2000 and headquartered in Winter Park, Florida, is a specialized private equity firm providing growth capital to high-growth, founder-owned B2B software companies. The firm focuses on businesses that have demonstrated strong product-market fit and possess significant potential for expansion, aiming to accelerate their trajectory through strategic partnerships and capital infusion.

The firm's investment philosophy centers on collaborating closely with management teams to unlock value. Beyond providing capital, Arsenal Growth Equity offers operational expertise, strategic guidance, and support for inorganic growth initiatives such as mergers and acquisitions. They typically seek to make either minority or control investments, tailoring their approach to best suit the needs and objectives of the founder-led businesses they back, ensuring alignment for long-term success.

Arsenal Growth Equity's typical initial investment ranges from $10 million to $50 million, reflecting their commitment to providing substantial growth capital. Over its two-decade history, the firm has built a robust portfolio, with Crunchbase data indicating 38 investments and 14 exits, showcasing a consistent track record in the B2B software sector. Their successful exits include notable companies like Kaseya and ConnectWise. The firm has also demonstrated its ability to raise significant capital, with Arsenal Growth Fund IV closing at $150 million and a target of $250 million for Arsenal Growth Fund V, underscoring their ongoing capacity to deploy capital into promising software ventures.

Investor Profile

Arsenal Growth Equity has backed more than 45 startups, with 2 new investments in the last 12 months alone. The firm has led 11 rounds, about 24% of its total and boasts 14 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Luxembourg.
  • Strong thematic focus on Software, Information Technology, Enterprise Software.
  • Led 1 rounds in the past year.
  • Typical check size: $10M – $50M.

Stage Focus

  • Series B (36%)
  • Series A (31%)
  • Series Unknown (13%)
  • Series C (9%)
  • Series D (4%)
  • Seed (4%)
  • Convertible Note (2%)

Country Focus

  • United States (96%)
  • United Kingdom (2%)
  • Luxembourg (2%)

Industry Focus

  • Software
  • Information Technology
  • Enterprise Software
  • Cyber Security
  • Analytics
  • Health Care
  • Network Security
  • Saas
  • Logistics
  • Manufacturing
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Arsenal Growth Equity frequently co-invest with?

Claremont Creek Ventures
North America, California, United States, Oakland
Co-Investments: 3
Huron River Ventures
North America, Michigan, United States, Ann Arbor
Co-Investments: 2
Mitsui Global Investment
North America, California, United States, Menlo Park
Co-Investments: 3
Mercury
North America, Texas, United States, Houston
Co-Investments: 2
.406 Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 3
Evergy Ventures
North America, Missouri, United States, Kansas City
Co-Investments: 2
Braemar Energy Ventures
North America, New York, United States, New York
Co-Investments: 3
GE Ventures
North America, California, United States, Menlo Park
Co-Investments: 3
EnerTech Capital
North America, Pennsylvania, United States, Ambler
Co-Investments: 2
Allos Ventures
North America, Indiana, United States, Carmel
Co-Investments: 5

Which angels does Arsenal Growth Equity often collaborate with?

Marcos Galperin
South America, Distrito Federal, Argentina, Buenos Aires
Shared Deals: 1
SR
North America, California, United States, San Francisco
Shared Deals: 1
Lior Prosor
Asia, Israel
Shared Deals: 1
MB
North America, California, United States, San Francisco
Shared Deals: 1
PK
North America, New York, United States, New York
Shared Deals: 1
GH
North America, California, United States, Palo Alto
Shared Deals: 1
Matt Avril
North America, Florida, United States, Vero Beach
Shared Deals: 1
JR
North America, Vermont, United States, Burlington
Shared Deals: 1
GK
North America, Indiana, United States, Poland
Shared Deals: 1
SP
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Arsenal Growth Equity?

TaDaweb

Belval, Luxembourg, Luxembourg

Tadaweb provides an open-source intelligence platform that transforms how businesses generate intelligence from publicly available data.

AnalyticsEnterprise SoftwareOnline PortalsOpen Source
Series UnknownJun 19, 2025
Amount Raised: $19,828,807
OneRail

Orlando, Florida, United States

OneRail is a software-as-a-service platform that offers final mile delivery services for enterprise shippers.

Delivery ServiceFreight ServiceLast Mile TransportationLogisticsSaaS
Series CNov 21, 2024
Amount Raised: $42,000,000
Intracare Health Services

Deerfield Beach, Florida, United States

Intracare is a tech-enabled provider of complex drug and biologic infusion therapy coordinated under the supervision of a provider.

Health CareHealth DiagnosticsRehabilitationTherapeuticsWellness
Series BSep 1, 2023
OneRail

Orlando, Florida, United States

OneRail is a software-as-a-service platform that offers final mile delivery services for enterprise shippers.

Delivery ServiceFreight ServiceLast Mile TransportationLogisticsSaaS
Series BNov 30, 2022
Amount Raised: $33,000,000
Virtual Internships

London, England, United Kingdom

Virtual Internship Partners provides transformative, 21st-century remote-work experiences for students and graduates

EdTechEducation
Series ASep 14, 2022
Amount Raised: $14,300,000
Sayari Labs

Washington, District of Columbia, United States

Sayari Labs is a provider of financial intelligence and supply chain risk solutions for analysts and investigators.

AnalyticsData VisualizationFinancial ServicesInformation TechnologySoftware
Series CSep 14, 2021
Amount Raised: $40,000,000
Cart.com

Houston, Texas, United States

Cart.com is a technology company that provides a unified commerce platform to help companies from discovery to delivery.

AnalyticsInformation TechnologyLogisticsSoftwareSupply Chain Management
Series BAug 11, 2021
Amount Raised: $98,000,000
Honorlock

Boca Raton, Florida, United States

Honorlock provides remote proctoring services for colleges and universities.

EdTechEducationSoftwareWeb Apps
Series BApr 27, 2021
Amount Raised: $25,000,000
Cart.com

Houston, Texas, United States

Cart.com is a technology company that provides a unified commerce platform to help companies from discovery to delivery.

AnalyticsInformation TechnologyLogisticsSoftwareSupply Chain Management
Series AApr 15, 2021
Amount Raised: $25,000,000
Elevate K-12

Chicago, Illinois, United States

Elevate K-12 is an instructional services company that provides live streaming instruction to K-12 classrooms.

E-LearningEdTechEducation
Series BMar 10, 2021
Amount Raised: $9,548,207