NGP Capital

NGP Capital is a growth-stage venture capital firm with a strong focus on B2B software companies, operating primarily across the United States and Europe. Headquartered in Palo Alto, California, with additional offices in Berlin and Helsinki, the firm leverages a global perspective to identify and support disruptive technology companies. NGP Capital targets sectors critical to the evolving digital economy, including cybersecurity, edge cloud, digital industries, and broader digital transformation initiatives. Their investment thesis centers on backing companies with proven products, initial market traction, and significant potential for scaling.

The firm's strategy emphasizes a hands-on approach, providing not just capital but also strategic guidance, operational expertise, and access to a vast network of industry contacts. NGP Capital seeks to partner with ambitious founders who are building category-leading businesses in complex B2B markets. Their areas of interest extend to enterprise SaaS, industrial tech, mobility, and proptech, reflecting a diverse yet focused portfolio designed to capitalize on macro technological shifts.

NGP Capital manages substantial capital, with their latest fund, NGP Capital IV, closing at $400 million in 2021. This fund, along with previous vehicles, contributes to an approximate total of $1.2 billion under management across all funds. The firm typically makes initial investments ranging from $5 million to $20 million, demonstrating a commitment to providing meaningful capital at the growth stage. They also have the capacity for significant follow-on investments, supporting their portfolio companies through multiple funding rounds as they achieve key milestones and expand their market presence.