
Topmark Partners
Description
Topmark Partners, based in Tampa, Florida, is a growth equity firm that specializes in providing capital to expansion-stage businesses. Operating as the successor firm to Stonehenge Growth Equity Partners, Topmark leverages a long-standing track record in the venture capital landscape, having evolved its identity while maintaining its core investment philosophy. The firm primarily targets companies with proven business models, strong management teams, and significant revenue traction, focusing on sectors such as software, tech-enabled services, healthcare IT, and business services.
Topmark's investment strategy centers on providing growth capital to companies that are past the early startup phase and are ready to scale. Beyond capital, they emphasize a hands-on approach, offering strategic guidance, operational expertise, and access to their extensive network to help portfolio companies achieve their growth objectives. They actively seek to partner with management teams that demonstrate strong leadership and a clear vision for market expansion, aiming to be a value-added partner throughout the growth journey.
The firm has a substantial capital base, having raised over $600 million across multiple funds since its inception. Their typical initial investment ranges from $5 million to $15 million, with the flexibility to participate in larger rounds through co-investments or provide additional capital for follow-on rounds. While their primary geographic focus is the Southeastern and Mid-Atlantic United States, they are open to compelling opportunities across the nation. This strategic geographic focus allows them to build strong regional networks and provide localized support to their portfolio companies, fostering long-term success.
Investor Profile
Topmark Partners has backed more than 27 startups, with 2 new investments in the last 12 months alone. The firm has led 7 rounds, about 26% of its total and boasts 7 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series B, Series Unknown, Seed rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Health Care, Software, Elder Care.
- Led 1 rounds in the past year.
- Typical check size: $5M – $15M.
Stage Focus
- Series B (26%)
- Series Unknown (26%)
- Seed (19%)
- Series A (15%)
- Series C (7%)
- Series D (4%)
- Private Equity (4%)
Country Focus
- United States (100%)
Industry Focus
- Health Care
- Software
- Elder Care
- Web Development
- Saas
- Medical
- Information Technology
- Biotechnology
- Medical Device
- Cloud Computing
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.