Sverica Capital Management
Growth-Oriented Private Equity Firm
Boston, MA, San Francisco, CA, and Austin, TX
Category: Emerging Growth
Mark: A
Comments are closed.
Profile
Sverica Capital Management is a leading growth-oriented private equity firm with committed capital of $2 billion across six funds. The firm acquires, invests in, and actively builds companies that are, or could become, leaders in their industries. Since inception, Sverica— with offices in Boston, San Francisco, and Austin—has followed a “business builder” approach to investing, taking an active role in supporting its portfolio companies. The firm devotes significant internal time and resources to help management teams develop and execute growth strategies, proactively seeking levers to accelerate growth by reinvesting in those companies. Sverica is committed to building businesses collaboratively that can endure for the long term, starting with a strong foundation and bringing the right people and playbook to drive reinvestment and ultimately deliver strong returns for its investors.
Awards
2025 Top Private Equity Firms
2024 Top Private Equity Firms
2023 Top Private Equity Firms
Key People
Sverica has a team of professionals with diverse backgrounds. Several of the firm’s Managing Partners have run companies themselves prior to joining Sverica which resonates with founders of bootstrapped businesses. Growth is at the center of everything that Sverica does and unsurprisingly its team employs a growth mindset that is continuously looking for new ways to grow its portfolio companies and ultimately drive returns for our investors.
Funds Raised
Sverica has grown both in team and fund size at a measured pace (by design) over the past decade.
| Fund Name | Size | Date |
|---|---|---|
| Sverica Fund VI | $750M | 2023 |
| Sverica Fund V | $450M | 2019 |
| Sverica Fund IV | $275M | 2016 |
Key Investments
iWave: Invested in 2017, exited 2022
Sector: Software
iWave bundles philanthropic and wealth data into user-friendly subscription (SaaS) software solutions. iWave’s “360 Search” capabilities allow subscribers to efficiently research individuals and companies across multiple datasets through one unified search and their batch analytics capabilities allow users to screen entire prospect databases at once. From schools like Yale and Stanford to healthcare and arts organizations like Doctors Without Borders and the Smithsonian Institute, iWave has assisted over 6,000 organizations in the United States, Canada, and overseas.
Stream Companies: Invested in 2019
Sector: Marketing Technology and Services
Stream Companies is an Integrated Advertising Agency and a SaaS based technology company for the retail and automotive industries. With over 20 years of experience in advertising and digital marketing, Stream Companies uses a data driven and solutions-oriented approach to support businesses across the U.S. with their services.
Coastal Cloud: Invested in 2020, exited 2026
Sector: Cloud Services
Coastal Cloud is a Salesforce Platinum consulting partner based in Palm Coast, Florida. Through its unique consulting business model, the Company provides implementations and managed services to assist clients in migrating to next-generation systems. Coastal Cloud, one of the fastest companies to achieve Platinum status with Salesforce and was recently named the #1 partner in North America by Salesforce.
DeFy: Invested in 2020, in the process of exiting
Sector: Technology (Cybersecurity)
Defy is a cybersecurity solutions provider that partners with leading and emerging technology vendors to deliver customized security programs for organizations across North America. The Company helps clients consolidate technologies, reduce complexity, and achieve meaningful cost savings while strengthening their security posture. Defy’s end-to-end capabilities span product resale, consultation, assessments, integration, and ongoing support across a wide range of technologies. Founded in 2017 and headquartered in Canonsburg, Pennsylvania, Defy has established itself as a trusted partner for organizations seeking both protection and efficiency in today’s evolving cyber landscape.
ShadowDragon: Invested in 2021
Sector: Cybersecurity
ShadowDragon is a threat intelligence software provider focused on offering publicly accessible information (PAI) and open-source intelligence (OSINT) data and tools to both public sector and commercial clients to help streamline investigations and safeguard assets. ShadowDragon’s flagship solution, SocialNet, aggregates data from 140+ different platforms across the clear, deep, and dark web to uncover identities, networks, and connections of potential threat actors.
Hirebotics: Invested in 2023
Sector: Advanced Industrial
Hirebotics is an innovative, high-growth automation company that created a first-of-its-kind collaborative robot solution designed specifically for welding applications. Hirebotics’ Cobot Welder product combines premium welding equipment and a robotic arm with easy-to-use robust proprietary software to help address an acute shortage of skilled welding technicians. The Company’s internally developed software platform, Beacon, is the only cloud-based experience in the industry and the most accessible and easy-to-use tool on the market. Hirebotics’ approach to tool-in-hand applications like welding can readily be applied to adjacent use-cases.
First Stop Health: Invested in 2023
Sector: Healthcare
First Stop Health (“FSH”) is a premier provider of virtual care services that works with mid-size employers to help reduce costs and provide convenient care options for their employees. The Company delivers three primary services – virtual urgent care, mental health, and primary care – for a fixed, per employee per month (“PEPM”) fee. FSH provides its members access to high quality, 24/7 care through its network of physicians and healthcare providers, all delivered seamlessly through the Company’s proprietary technology platform.
Raken: Invested in 2025
Sector: Software
Raken is the leading field-first construction management platform designed to simplify and streamline critical jobsite workflows. With an intuitive mobile app, Raken makes it easy to manage daily reports, time and production tracking, scheduling, safety, RFIs, and more. Trusted by over 70,000 users, Raken helps contractors save time, cut costs, reduce risk, and keep every project moving forward.
Capital Responsibility
Sverica Capital is dedicated to maintaining the highest standards of integrity, conduct and professional responsibility in the pursuit of its goal of consistently achieving the highest quality investment returns for its clients. At all times, it is Sverica Capital’s intension to conduct its business in an honest and ethical manner in all aspects of its operations, which includes considering the impact of its actions and investment decisions. Importantly, the firm seeks to grow and improve the companies in which it invests, leaving the companies better off than when the firm first invested, including on environmental, social and governance matters. To this end Sverica Capital has adopted a set of policies and procedures that seek to ensure that these ESG factors are considered in all areas of operation.
CEO Reviews
Scott Walker, Co-Founder, Accuvant (Now Optiv Security)
“Given the tremendous success we had together and the strategic value they brought, I feel fortunate to have been partners with the Sverica team and unequivocally recommend them as an “operator friendly” partner to other entrepreneurs and business owners.”
David Barfield, CEO, Bartech Group
“The collaborative partnership approach and investment philosophy shared by Sverica were true differentiators for my family and management team.”
Tom Burns, Founder & CEO, Resonetics
“Sverica played a pivotal role in evolving Resonetics from a single-site, specialty manufacturer to a best-in-class global supplier of laser processing services to the medical device industry.”
Sara Hale, Co-Founder & President, Coastal Cloud
“After meeting with many potential Private Equity investors, Sverica was different and better. They came across as truthful, intelligent, and trustworthy. We chose Sverica because we wanted these attributes in a partner that was going to work with us to achieve our goals of growing the company while keeping our culture. We are happy to say that our working partnership has led to great growth together. We are very thankful that we chose each other!”
Steve McLaughlin, CEO, Restorixhealth
“Sverica was instrumental in propelling RestorixHealth from a regional player to a national footprint.”
Paul Stillmank, Founder & CEO, 7summits
“They are a highly resourceful team of professionals, and, while they are both analytical and forward thinking, they also pushed our thinking about scale leading to detailed go-to-market models, predictive forecasting, and repeatability in our business.”

