We recently announced our investment in LinkSquares’ $40 million Series B fundraising round. We have been investing in and helping B2B SaaS companies scale for over 20 years. Based on this experience, the type of growth we anticipate for LinkSquares requires more than just adding more customers – it means laying a solid foundation of people and processes so the company can sustain and survive rapid, profitable expansion.
LinkSquares, provider of the fastest and most comprehensive AI-powered contract lifecycle management and analysis tool, raised $40 million in Series B financing led by Sorenson Capital with additional new investors Catalyst Investors, Xerox, Bottomline Technologies, DraftKings’ founders and key legal and compliance executives, as well as existing investors Hyperplane Venture Capital, MassMutual Ventures, First Ascent Ventures participated in the round.
Catalyst Investors and Sageview Capital co-led the $96 million funding round in Pax8, the best place for IT professionals to buy cloud products. Catalyst partner Todd Clapp was named to the Pax8 Board of Directors.
BrightFarms has secured more than $100 million in debt and new equity capital to support robust expansion plans. The Series E round of funding was led by Cox Enterprises, which now owns a majority stake in the company, and includes a follow-on investment from growth equity firm Catalyst Investors. BrightFarms will use the funds to invest in its current farms and retail programs and expand its network of regional indoor farms across the U.S.
CEO of Catalyst-backed PresenceLearning, Kate Eberle Walker, discusses her company’s recent $27 million Series D. The pandemic accelerated the completion of the funding round, which helps the company’s expansion of online therapy and assessment services to meet growing school needs.
PresenceLearning, the leading provider of live online special education related services for K-12 schools, received a $27 million Series D investment led by Bain Capital Double Impact. Existing investors Catalyst Investors, New Markets Venture Partners and Catamount Ventures also participated in the round. The latest funding positions the company to accelerate its expansion of online therapy and assessment services to meet growing school needs.
Catalyst Investors partnered with Great Hill Partners to acquire EnterpriseDB, the leading database management system for PostgreSQL.
Catalyst led the $12 million Series B funding of the leading field data collection and project management platform for trade contractors. Catalyst partner Susan Bihler joined eSUB’s Board of Directors as part of the investment.
ChowNow, whose food-ordering platform makes it easier for local restaurants to accept online orders, has raised $21 million in a series C round of funding from private equity firms 3L Capital and Catalyst Investors.
Catalyst portfolio company Weave, a customer experience management (CXM) platform, raised an additional $37.5 million in a Series C funding round. Catalyst participated in the round led by Lead Edge Capital along with other existing investors Bessemer Venture Partners, Crosslink Capital and Pelion Venture Partners.