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PSG Equity

North America, Massachusetts, United States, Boston

Description

PSG Equity, based in Boston, Massachusetts, is a prominent growth equity firm with a dedicated focus on partnering with software and technology-enabled services companies. Since its inception in 2014, PSG has carved out a significant niche by providing strategic capital and operational expertise to help portfolio companies achieve transformational growth. The firm's investment philosophy centers on identifying market-leading businesses with strong recurring revenue models and high growth potential, often taking majority stakes to drive value creation.

The firm's strategy involves both initial platform investments and subsequent add-on acquisitions, aiming to build larger, more comprehensive businesses within their target sectors. PSG Equity typically invests in companies seeking capital for organic expansion, strategic mergers and acquisitions, or recapitalizations. They have demonstrated a robust pace of deployment, having invested in over 130 platform companies and facilitated more than 400 add-on acquisitions across their portfolio. This extensive activity underscores their commitment to scaling businesses and fostering market leadership.

PSG Equity commands substantial financial resources, managing over $10 billion in capital. This significant capital base allows them to make substantial initial investments to fuel growth. While specific check sizes can vary based on the opportunity and company stage, PSG typically deploys initial equity investments ranging from approximately $20 million to $200 million for platform companies. For instance, their latest fund, PSG VI, closed with $4.65 billion in commitments in 2023, further solidifying their capacity for large-scale growth investments and their ability to provide the necessary capital and strategic guidance to accelerate the trajectories of their portfolio companies.

Investor Profile

PSG Equity has backed more than 131 startups, with 25 new investments in the last 12 months alone. The firm has led 110 rounds, about 84% of its total and boasts 14 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Private Equity, Series Unknown, Series B rounds (top funding stages).
  • Majority of deals are located in United States, France, Israel.
  • Strong thematic focus on Software, SaaS, Information Technology.
  • Led 21 rounds in the past year.
  • Typical check size: $20M – $200M.

Stage Focus

  • Private Equity (79%)
  • Series Unknown (8%)
  • Series B (3%)
  • Series C (2%)
  • Corporate Round (2%)
  • Series A (2%)
  • Seed (2%)
  • Secondary Market (2%)
  • Series D (1%)

Country Focus

  • United States (63%)
  • France (8%)
  • Israel (7%)
  • Canada (5%)
  • Germany (5%)
  • Spain (3%)
  • The Netherlands (2%)
  • Australia (2%)
  • United Kingdom (2%)
  • Denmark (1%)

Industry Focus

  • Software
  • Saas
  • Information Technology
  • E-commerce
  • Artificial Intelligence (Ai)
  • Enterprise Software
  • Analytics
  • Cyber Security
  • Financial Services
  • Health Care
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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 PSG Equity frequently co-invest with?

Silversmith Capital Partners
North America, Massachusetts, United States, Boston
Co-Investments: 4
Savano Capital Partners
North America, Maryland, United States, Baltimore
Co-Investments: 2
Toba Capital
North America, California, United States, San Francisco
Co-Investments: 3
Providence Equity Partners
North America, Rhode Island, United States, Providence
Co-Investments: 4
Battery Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 2
97212 Ventures
North America, New York, United States, New York
Co-Investments: 2
Verdane
Europe, Oslo, Norway, Oslo
Co-Investments: 2
Kennet Partners
Europe, England, United Kingdom, London
Co-Investments: 2
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 2
Blue Star Innovation Partners
North America, Texas, United States, Frisco
Co-Investments: 3

Which angels does PSG Equity often collaborate with?

TC
North America, North Carolina, United States, Charlotte
Shared Deals: 1
JJ
North America, Texas, United States, Dallas
Shared Deals: 1
Daniel Schryer
Asia, Bali, Indonesia
Shared Deals: 1
TJ
North America, New York, United States, Port Washington
Shared Deals: 1
Shared Deals: 1
KS
North America, New York, United States, Port Washington
Shared Deals: 1
BB
North America, Washington, United States, Bellingham
Shared Deals: 1

What are some of recent deals done by PSG Equity?

HeroDevs

Sandy, Utah, United States

HeroDevs provides products and solutions for companies with open source libraries that have reached end of life

Developer ToolsOpen SourceSoftware
Private EquityJul 24, 2025
Amount Raised: $125,000,000
HOPPR

Chicago, Illinois, United States

At HOPPR, we empower developers to build AI medical imaging apps to improve care access, efficiency & equity in healthcare.

Artificial Intelligence (AI)Health CareHealth DiagnosticsInformation TechnologyMedicalSoftware
Series AJun 17, 2025
Amount Raised: $31,500,000
Button

New York, New York, United States

Button is the mobile commerce technology company that is powering a commerce-driven internet.

Enterprise SoftwareMobileMobile AppsSoftware
Private EquityJun 16, 2025
Uptick

Melbourne, Victoria, Australia

Uptick is a leading provider of asset maintenance software for field servicing companies.

ComplianceFacility ManagementInformation TechnologySoftware
Private EquityJun 5, 2025
Glasswall

London, England, United Kingdom

Glasswall is a cybersecurity company that uses CDR technology to eliminate malicious file threats at scale.

Cloud SecurityComplianceConsultingCyber SecuritySecuritySoftware Engineering
Private EquityApr 24, 2025
Protecht

Sydney, New South Wales, Australia

Protecht is a risk management experts providing cost effective risk management solutions to help you achieve your strategic objectives.

ConsultingEnterprise Resource Planning (ERP)Risk ManagementSoftware
Private EquityMar 24, 2025
Amount Raised: $280,000,000
Lightkeeper

Boston, Massachusetts, United States

Lightkeeper provides managers immediate and relevant information for making critical investment decisions .

Financial ServicesInformation TechnologySoftware
Private EquityMar 14, 2025
Checkmk

Munich, Bayern, Germany

Creators of checkmk, an IT monitoring software

Information TechnologySoftware
Private EquityFeb 26, 2025
Quantum Machines

Tel Aviv, Tel Aviv, Israel

Quantum Machines develops advanced hardware and software solutions for the effective control and operation of quantum computers.

Quantum ComputingSoftwareSoftware Engineering
Series CFeb 25, 2025
Amount Raised: $170,000,000
Uscreen

Bethesda, Maryland, United States

Uscreen is an all-in-one video membership platform for creators to launch memberships that include live streaming, community, and apps.

CommunitiesContent CreatorsSaaSSubscription ServiceVideoVideo on DemandVideo Streaming
Private EquityFeb 13, 2025
Amount Raised: $150,000,000