Thoma Bravo

Investor type

PE

Founded

1980

AUM

$172 000 M

Location

Chicago, Illinois, United States

Investment Ticket

$0-1 m

Investment Stage

Series B Series A Late Stage (Series C+)

Region of investment

North America Europe
Investor profile last updated: 22 August, 2026

Profile

Thoma Bravo is a leading private equity firm based in Chicago, Illinois, founded in 1980 by Carl D. Thoma and Orlando Bravo. The firm is renowned for its focus on software and technology investments, employing a buy-and-build strategy to drive growth and innovation. With a team of over 120 professionals, Thoma Bravo has established itself as a major player in the private equity landscape, emphasizing collaborative partnerships with management teams.

The firm primarily invests in SaaS, TMT, and information technology sectors, targeting companies in North America and Europe. Thoma Bravo manages approximately $170 billion in assets, with notable funds including Thoma Bravo Fund XV and Thoma Bravo Discover Fund IV. The firm typically engages in growth and expansion stages, leveraging its expertise to enhance operational performance and strategic acquisitions.

Thoma Bravo's portfolio includes notable companies such as Accelerant Holdings - insurance technology, Kneat - enterprise systems for healthcare, Padoa - medical records systems, Replify - business productivity software, and Cherre - database software. These investments highlight the firm's commitment to fostering innovation and delivering value across its portfolio.

Industry

AI Travel Transportation Telecommunications Software Security SaaS Real Estate Media and Entertainment Marketing and Advertising IT Services Internet and Web Services Healthcare Services Fintech Financial Services Edtech Education Digital Business Services (B2B) LegalTech HealthTech TravelTech Technology Energy

Thoma Bravo Funds

Name Type
Questionare
Industry
Questionare
Stage
Questionare
Region
Size AUM Launch date
Thoma Bravo Explore Fund II
Private Equity (PE)
Financial Services
Fintech
Healthcare Services
Security
Software
Technology
Series B
Late Stage (Series C+)
North America
Europe
$5-10 m
$1800 M
December 2022
Thoma Bravo Discover Fund IV
Private Equity (PE)
Healthcare Services
SaaS
Security
Software
Technology
HealthTech
Series B
Late Stage (Series C+)
North America
$5-10 m
$6200 M
December 2022
Thoma Bravo Fund XV
Private Equity (PE)
Financial Services
Fintech
Healthcare Services
SaaS
Security
Software
Technology
Energy
HealthTech
Series B
Late Stage (Series C+)
North America
$5-10 m
$24000 M
December 2022
Thoma Bravo Europe Fund I
Private Equity (PE)
Financial Services
Fintech
Healthcare Services
SaaS
Security
Software
Technology
Series B
Late Stage (Series C+)
North America
$5-10 m
$1800 M
February 2025
Thoma Bravo Fund XVI
Private Equity (PE)
Financial Services
Fintech
Healthcare Services
SaaS
Security
Software
HealthTech
Series B
Late Stage (Series C+)
North America
$5-10 m
$24000 M
June 2025
Thoma Bravo Discover Fund V
Private Equity (PE)
Financial Services
Fintech
Healthcare Services
SaaS
Security
Software
HealthTech
Series B
Late Stage (Series C+)
North America
$5-10 m
$8100 M
June 2025

Contacts

Name
Title
Email
avatar
Orlando Bravo Founder and Managing Partner
Founder and Managing Partner
o•••@•••
avatar
Chip Virnig Partner
Partner
c•••@•••
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Investment-team contacts for Thoma Bravo — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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FAQs about Thoma Bravo

Thoma Bravo is a private equity firm. It backs companies at Series B, Series A and Late Stage (Series C+), writing tickets of $0-1 m.
Thoma Bravo is located in Chicago, Illinois, United States.
Thoma Bravo was founded in 1980.
Thoma Bravo invests in companies and startups in AI, Travel, Transportation, Telecommunications, Software, Security, SaaS, Real Estate, Media and Entertainment, Marketing and Advertising, IT Services, Internet and Web Services, Healthcare Services, Fintech, Financial Services, Edtech, Education, Digital, Business Services (B2B), LegalTech, HealthTech, TravelTech, Technology, Energy.
Thoma Bravo invests in companies and startups in North America, Europe.
Thoma Bravo invests in companies and startups at Series B, Series A, Late Stage (Series C+).
Thoma Bravo usually invests $0-1 m on average.
Thoma Bravo has around $172 000m assets under management.
Thoma Bravo last fund was created/launched in 2025-06-03
Thoma Bravo can be reached through its website thomabravo.com, its LinkedIn page and its X account. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Thoma Bravo — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
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Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 22 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.