Invictus Growth Partners Closes Oversubscribed Fund II with Funds Totaling $574 Million
Summary
“We are honored and grateful for the support from our returning and new investors, which include pension plans, endowments, foundations, insurance companies, healthcare institutions, and family offices,” said John DeLoche, Invictus Co-founder and Managing Partner. “This includes our world class team’s stewardship, machine learning-powered GTM operational enhancements through our DIANE platform, and the support of a dedicated portfolio company success team, the Invictus Guild.” Invictus’ Fund II received strong support from existing investors, and new investors made up more than two thirds of total committed capital, broadening the diversification of the firm’s world class institutional limited partner base. Invictus has completed twelve platform investments and add-on acquisitions in its focus areas of enterprise cloud software, cybersecurity, and fintech. Ten of the twelve completed investments were sourced with DIANE, Invictus’ proprietary machine learning-powered outbound sales engine for B2B use cases. Portfolio companies have seen a 90% increase in direct sales efficiency leveraging the platform, which also provides access to thousands of potential new enterprise customers.