Profile
Elsewhere Partners is a growth equity firm based in Austin, Texas, founded in 2017. The firm specializes in investing in lower middle market software companies, particularly those that are bootstrapped or lightly capitalized. With a team of experienced investors and software operators, Elsewhere Partners focuses on providing capital and strategic support to help companies achieve their next growth milestones.
The firm invests in sectors such as IT infrastructure, cybersecurity, business applications, and healthcare IT, targeting companies with $3-15 million in annual recurring revenue. Elsewhere Partners typically engages in majority recapitalizations and focuses on companies headquartered in North America, Europe, and Israel. The firm manages several funds, including Elsewhere Partners I and III, with a combined AUM exceeding $350 million.
Notable investments by Elsewhere Partners include companies like Foresite - cybersecurity solutions, Relatient - healthcare communication, Statflo - customer engagement platform, Itential - network automation, and BurstIQ - healthcare data solutions. These investments highlight the firm's focus on innovative software solutions across various industries.
Industry
Elsewhere Partners Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Elsewhere Partners I, L.P.
|
Venture Capital (VC)
|
Financial Services
Fintech
Media and Entertainment
SaaS
Security
Software
LegalTech
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$70 M
|
June 2019
|
|
Elsewhere Partners III, L.P.
|
Venture Capital (VC)
|
Media and Entertainment
SaaS
Security
Software
Energy
CleanTech
LegalTech
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$285 M
|
June 2024
|
Contacts
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