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Triangle Peak Partners

North America, California, United States, Palo Alto

Description

Triangle Peak Partners is a prominent venture capital firm based in Palo Alto, California, specializing in growth-stage investments across the technology and energy transition sectors. The firm distinguishes itself by providing capital and strategic support to companies poised for significant expansion, leveraging its deep industry expertise and extensive network. Their investment philosophy centers on identifying innovative companies with proven business models and strong management teams that are ready to scale.

TheThe firm's investment strategy is primarily focused on growth equity, targeting companies that have achieved product-market fit and are generating substantial revenue, but require capital to accelerate their market penetration, expand product offerings, or pursue strategic acquisitions. Within technology, their interests span enterprise software, cybersecurity, fintech, and artificial intelligence, among others. In the energy transition space, they back companies developing sustainable solutions, including renewable energy infrastructure, energy storage, and clean technology innovations. Triangle Peak Partners often takes a significant minority stake, working closely with portfolio companies to navigate growth challenges and maximize value creation.

Triangle Peak Partners manages a substantial capital base, with over $2.5 billion in assets under management, enabling them to make meaningful investments in their target companies. While specific first check sizes can vary depending on the opportunity and round dynamics, the firm typically deploys capital in the range of $10 million to $50 million for initial investments. This allows them to participate effectively in large growth rounds alongside other institutional investors. To date, Triangle Peak Partners has made over 100 investments, demonstrating a consistent and active presence in the growth equity landscape.

Their long-term approach and commitment to fostering innovation have positioned them as a key partner for entrepreneurs seeking to scale their businesses. The firm's portfolio includes a diverse array of successful companies that have gone on to achieve significant milestones, including IPOs and strategic acquisitions, underscoring Triangle Peak Partners' ability to identify and support future market leaders.

Investor Profile

Triangle Peak Partners has backed more than 76 startups, with 2 new investments in the last 12 months alone. The firm has led 21 rounds, about 28% of its total and boasts 27 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series C, Series D, Series B rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom.
  • Strong thematic focus on Software, Enterprise Software, SaaS.
  • Led 1 rounds in the past year.
  • Typical check size: $10M – $50M.

Stage Focus

  • Series C (28%)
  • Series D (18%)
  • Series B (14%)
  • Series A (11%)
  • Series E (11%)
  • Series Unknown (7%)
  • Series F (4%)
  • Private Equity (4%)
  • Angel (1%)
  • Seed (1%)

Country Focus

  • United States (99%)
  • United Kingdom (1%)

Industry Focus

  • Software
  • Enterprise Software
  • Saas
  • Analytics
  • Cloud Computing
  • Information Technology
  • Video
  • Marketplace
  • Advertising
  • Artificial Intelligence (Ai)
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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 Triangle Peak Partners frequently co-invest with?

Crosslink Capital
North America, California, United States, Menlo Park
Co-Investments: 4
Rosecliff Ventures
North America, New York, United States, New York
Co-Investments: 4
Focus Ventures
North America, California, United States, Palo Alto
Co-Investments: 4
Menlo Ventures
North America, California, United States, San Francisco
Co-Investments: 7
G2 Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 4
DFJ Growth
North America, California, United States, Menlo Park
Co-Investments: 4
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 6
Sapphire Ventures
North America, Texas, United States, Austin
Co-Investments: 6
True Ventures
North America, California, United States, Palo Alto
Co-Investments: 6
RRE Ventures
North America, New York, United States, New York
Co-Investments: 6

Which angels does Triangle Peak Partners often collaborate with?

MW
North America, New York, United States, New York
Shared Deals: 1
Dave Pell
North America, California, United States, San Francisco
Shared Deals: 1
DH
North America, California, United States, San Francisco
Shared Deals: 1
AK
North America, California, United States, Los Angeles
Shared Deals: 1
Matthew Strong
North America, Wisconsin, United States, Milwaukee
Shared Deals: 1
AA
North America, Washington, United States, Seattle
Shared Deals: 1
EB
North America, California, United States, Los Angeles
Shared Deals: 1
BB
North America, Washington, United States, Redmond
Shared Deals: 1
TG
North America, New York, United States, New York
Shared Deals: 1
JC
North America, Washington, United States, Seattle
Shared Deals: 1

What are some of recent deals done by Triangle Peak Partners?

AssetWatch

Westerville, Ohio, United States

AssetWatch is a deployable, remote, end-to-end condition monitoring solution providing predictive insight to enable proactive maintenance.

Big DataIndustrial AutomationInternet of ThingsMachine LearningPredictive Analytics
Series CApr 30, 2025
Amount Raised: $75,000,000
Proscia

Philadelphia, Pennsylvania, United States

Proscia develops digital pathology software designed to help laboratories and life sciences organizations manage and analyze pathology data.

Artificial Intelligence (AI)BiotechnologyLife ScienceMedical
Series DMar 19, 2025
Amount Raised: $50,000,000
Arcadia

Greenwood Village, Colorado, United States

Arcadia is a climate software and data company that specializes in decarbonizing the electric grid.

Clean EnergyCleanTechDatabaseRenewable EnergySoftware
Series EApr 11, 2024
Amount Raised: $50,000,000
Nozomi Networks

San Francisco, California, United States

Nozomi Networks is a cybersecurity company specializing in operational technology and IoT security for critical infrastructure.

Cyber SecurityInformation TechnologyInternet of ThingsNetwork Security
Series EMar 13, 2024
Amount Raised: $100,000,000
AssetWatch

Westerville, Ohio, United States

AssetWatch is a deployable, remote, end-to-end condition monitoring solution providing predictive insight to enable proactive maintenance.

Big DataIndustrial AutomationInternet of ThingsMachine LearningPredictive Analytics
Series BFeb 21, 2024
Amount Raised: $38,000,000
Proscia

Philadelphia, Pennsylvania, United States

Proscia develops a pathology platform to assist routine pathology operations, enhance cancer diagnosis, and improve patient outcomes.

Artificial Intelligence (AI)BiotechnologyLife ScienceMedical
Series CJan 11, 2024
Amount Raised: $9,000,000
Proscia

Philadelphia, Pennsylvania, United States

Proscia develops a pathology platform to assist routine pathology operations, enhance cancer diagnosis, and improve patient outcomes.

Artificial Intelligence (AI)BiotechnologyLife ScienceMedical
Series CJun 3, 2022
Amount Raised: $36,617,270
AssetWatch

Westerville, Ohio, United States

AssetWatch is a deployable, remote, end-to-end condition monitoring solution providing predictive insight to enable proactive maintenance.

Big DataIndustrial AutomationInternet of ThingsMachine LearningPredictive Analytics
Series AMay 20, 2022
Amount Raised: $34,167,997
Arcadia

Greenwood Village, Colorado, United States

Arcadia is a climate software and data company that specializes in decarbonizing the electric grid.

Clean EnergyCleanTechDatabaseRenewable EnergySoftware
Series EMay 10, 2022
Amount Raised: $200,000,000
Heap

San Francisco, California, United States

Heap is a platform that provides analytics infrastructure to reduce the annoying parts of user analytics.

AnalyticsBusiness IntelligenceEnterprise SoftwareProductivity ToolsSmart ContractsSoftware
Series DDec 7, 2021
Amount Raised: $110,000,000