Supporting the Best Entrepreneurs in Technology and Healthcare
What We Believe In
“Do the right thing. It will gratify some people and astonish the rest.”
Our reputation is the single most important asset we have. Its importance dwarfs that of any single investment or any financial outcome we may achieve.
“We must hang together…or assuredly we will all hang separately.”
The investing founders are equal partners. And have agreed that we will be as long as we are doing this. We will win or lose as a team. Sharing the benefit of the full team’s collective experience is a bedrock principle of the firm.
“In the course of my life, I have often had to eat my words, and I must confess that I have always found it a wholesome diet.”
Starting a business is, by definition, a crazy thing to do. Given we took the leap ourselves, we will never lose sight of the challenges our entrepreneurs chose to take on every day.
“When others are greedy, be fearful. When others are fearful, be greedy.”
That said, we’ve been investors a long time. We know what we are looking for and when we find it, we don’t care if the rest of the world disagrees. Actually, those are the best times to invest.
What We Look For
Great companies are driven by the inspiration of great founders and entrepreneurs. Our job isn’t to build great companies, it’s to find those who do, and support them in any way that we can.
Scale: Greater than $10M Revenue
We look for companies that are “through the tunnel”. For these companies, the question is no longer “Can this be a business?” but rather “How big and important can this business be?”
Growth: Greater than 20%
Growth covers up for lots of sins. We believe in markets – when customers want to buy your product you are doing something right.
That said, we believe the true test is being able to sell your product for more than it costs to build and deliver. Novel concept these days, but we think reaching breakeven / profitability speaks volumes about an entrepreneur.
In case we weren’t clear – it’s that important.
Who We Are
The founding team has known each other for nearly 20 years. We like and respect each other. We love coming to work together. And we believe that the “who” you are doing something with is as important as the “what” you are actually doing.
Collectively, we have over 40 years of growth equity experience. We are proud of the returns we have generated for our partners and investors, but value above everything else our relationships with the founders, entrepreneurs, and CEOs whom we have supported.
We understand what it is like to be entrepreneurs because we are entrepreneurs.
We invest in two core verticals: SaaS & Information Services and Healthcare IT & Services. We have focused on our core markets for the past 15 years. We have spent our careers sourcing and leading growth equity investments in some of the most recognizable and successful technology and healthcare companies in the country.
We believe that our thesis-driven approach within these specific verticals gives us a perspective to best help our management teams. Specialization matters to us—and we believe it matters to those we partner with. We take pride in our deep domain experience, and are excited by the daily challenge to remain experts in what we view as the largest, most dynamic, and most exciting industries of the economy.
June 14, 2016
Impact Radius Acquires Forensiq, Creating The World’s First Marketing System of Record With Built-In Fraud Detection