
Plymouth Growth
Description
Plymouth Growth is an Ann Arbor, Michigan-based venture capital firm specializing in growth-stage investments for B2B software and tech-enabled services companies. A key differentiator is their strategic focus on companies located primarily in the Midwest and other non-coastal, underserved regions of the United States. This approach addresses a significant funding gap outside traditional tech hubs, providing crucial capital to promising businesses that might otherwise be overlooked.
The firm provides growth capital to companies demonstrating strong revenue growth, capital efficiency, and robust management teams. Their typical initial investment ranges from $5 million to $20 million, providing substantial capital for scaling operations, product development, and market expansion. Plymouth Growth aims to be a long-term partner, offering strategic guidance and operational support beyond just financial investment, helping portfolio companies navigate the complexities of rapid growth.
Founded in 2002, Plymouth Growth has built a significant track record over two decades. They have invested in over 30 companies, demonstrating their commitment to fostering innovation in overlooked markets. Their most recent fund, Plymouth Growth Partners V, successfully closed at $125 million, underscoring their continued capacity to support promising B2B tech ventures. The firm's collaborative partnership model emphasizes working closely with management teams to achieve sustainable success and maximize enterprise value.
Investor Profile
Plymouth Growth has backed more than 63 startups, with 1 new investments in the last 12 months alone. The firm has led 36 rounds, about 57% of its total and boasts 12 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series Unknown, Debt Financing rounds (top funding stages).
- Majority of deals are located in United States, Canada, Australia.
- Strong thematic focus on Software, Information Technology, Enterprise Software.
- Led 1 rounds in the past year.
- Typical check size: $5M – $20M.
Stage Focus
- Series A (22%)
- Series Unknown (21%)
- Debt Financing (16%)
- Series B (14%)
- Series D (8%)
- Series C (6%)
- Private Equity (3%)
- Undisclosed (3%)
- Seed (2%)
- Series E (2%)
Country Focus
- United States (95%)
- Canada (3%)
- Australia (2%)
Industry Focus
- Software
- Information Technology
- Enterprise Software
- Saas
- Analytics
- Telecommunications
- Health Care
- Electronics
- Manufacturing
- Voip
Frequently Asked Questions
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