
North Atlantic Capital
Description
North Atlantic Capital is a seasoned growth equity firm with a rich history dating back to its founding in 1986. Based in Portland, Maine, the firm specializes in providing expansion capital to innovative technology companies throughout the United States. Their investment strategy targets later-stage venture and growth equity opportunities, focusing on businesses that have demonstrated strong revenue growth and possess proven business models. They typically seek to partner with management teams to help scale operations, expand market reach, and achieve strategic objectives.
The firm has a robust track record, having invested in over 100 companies across various technology sectors. Their commitment to supporting growth-stage enterprises is underscored by their successful fundraising efforts, including the close of North Atlantic Capital V in 2018, which secured $150 million in capital commitments. This substantial fund allows them to make meaningful investments and provide ongoing support to their portfolio companies.
North Atlantic Capital typically deploys initial investments ranging from $5 million to $20 million. They are prepared to lead or co-lead funding rounds and often take an active role, including board representation, to provide strategic guidance. Their long-term perspective and deep industry expertise enable them to be a valuable partner for technology companies poised for significant expansion.
Investor Profile
North Atlantic Capital has backed more than 36 startups, with 1 new investments in the last 12 months alone. The firm has led 20 rounds, about 56% of its total and boasts 21 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series Unknown, Series C, Debt Financing rounds (top funding stages).
- Majority of deals are located in United States, Germany, United Kingdom.
- Strong thematic focus on Software, Telecommunications, Mobile.
- Led 1 rounds in the past year.
- Typical check size: $5M – $20M.
Stage Focus
- Series Unknown (42%)
- Series C (22%)
- Debt Financing (14%)
- Series B (11%)
- Series A (6%)
- Series E (3%)
- Series D (3%)
Country Focus
- United States (94%)
- Germany (3%)
- United Kingdom (3%)
Industry Focus
- Software
- Telecommunications
- Mobile
- Advertising
- Enterprise Software
- Saas
- Real Time
- Security
- Financial Services
- Fintech
Frequently Asked Questions
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