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Welcoming Rivet to the Portfolio

We are pleased to announce that we recently led a $20.5 million Series B in Rivet, a company on a mission to solve the broken healthcare billing process. Rivet provides a healthcare billing platform that promotes transparency around pricing and financial responsibility across the key stakeholders in healthcare – patients, providers and payers. The company is led by a trio of first-time co-founders in Ted Ferrin, Andrew Harding and Paul Draper who possess a keen ability to identify an acute problem in the market, develop and launch a product and achieve product-market fit in rapid succession.

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Press Releases

Effectual Named MSP of the Year at the Channel Partner Insight US MSP Innovation Awards 2022

Catalyst portfolio company Effectual, a modern, cloud first managed and professional services company, was named the winner of MSP of the Year at the Channel Partner Insight US MSP Innovation Awards 2022. Effectual was selected as a winner rising above hundreds of entries from their peers and competitors in the technology sector: a market where spend is expected to reach $7 trillion within the decade.

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Press Releases

Rivet Raises $20.5 Million Series B Led by Catalyst Investors

Rivet, the modern healthcare billing platform, raised $20.5 million in a Series B funding round led by Catalyst Investors with participation from co-investor Ankona Capital and existing investors Menlo Ventures, Pelion Venture Partners and Lux Capital. Catalyst’s Tyler Newton will join Rivet’s Board of Directors.

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Press Releases

EDB, Leading Global Provider of Enterprise-Class Software and Services for Postgres, Announces Majority Growth Investment from Bain Capital Private Equity

Catalyst portfolio company EnterpriseDB, the leader in accelerating Postgres® in the enterprise, announced a majority growth investment from Bain Capital Private Equity.  EDB will continue to operate under the leadership of Ed Boyajian, President and CEO of EDB, an open source pioneer who has led the company since 2008. Great Hill Partners, which acquired EDB in 2019, will remain a significant shareholder.

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Press Releases

Ekos announces new wine production experience for the industry’s only end-to-end business management software

Catalyst portfolio company Ekos, a comprehensive business management software for wineries, introduced a brand-new experience for wine production within its software. Over the next three months, Ekos will release a series of new features within the production module that will transform the current workflow to provide winemakers a platform for efficiently tracking production from intake through case goods.

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