Neon Pagamentos, a leading Brazilian fintech, announced today an investment of R$ 400 million by General Atlantic (GA), a leading global growth equity firm, and Banco Votorantim (BV). The round is considered to be the largest Series B investment made in Brazil. The venture capital funds Monashees, Omidyar Network, Propel, Quona and Mabi, existing Series A investors, followed the contribution in this second round, reinforcing the confidence of the shareholders.
General Atlantic, a leading global growth equity firm, announced today the expansion of its senior leadership team with the promotions of Gabriel Caillaux, Martín Escobari and Anton Levy to Co-Presidents. In these newly-created roles, Messrs. Caillaux, Escobari and Levy will work closely with Chief Executive Officer Bill Ford in leading the firm’s strategy and will assume greater responsibility for the global investment program and investor engagement. Bill Ford will continue to lead the firm as Chief Executive Officer and Chairman of the Management Committee.
Riskified, the payments and fraud-prevention solutions provider, announced today its Series E funding round of $165 million, led by global growth investor General Atlantic, at a valuation of more than $1 billion. The proceeds will be primarily used by Riskified to more rapidly scale its business domestically and internationally and to expand its product footprint.
General Atlantic, a leading global growth equity firm, announced today that Judson (Jud) Linville has joined the firm as a Senior Advisor. Dr. Linville was most recently Chief Executive Officer of Global Cards and Consumer Services at Citigroup.
General Atlantic, a leading global growth equity firm, announced today that Kell Reilly has joined the firm as a Managing Director. Mr. Reilly will focus on investments in the Technology sector, based in Palo Alto. He joins the firm from D1 Capital Partners, a global long/short investment fund, where he served as Co-Head of the Technology, Media & Telecommunications sector.
General Atlantic, a leading global growth equity firm, announced today that Justin Sunshine has joined the firm as a Managing Director in its New York office. Mr. Sunshine, who spent the past ten years at Blackstone, will focus on investments in the Healthcare sector.
Pendo Raises $100 Million at a $1 Billion Valuation To Help More SaaS Companies and Digital Enterprises Become Product Led
Pendo.io, the product cloud company, today announced it raised $100 million in Series E funding to help companies become product led. Sapphire Ventures led the round, with participation from new investors General Atlantic and Tiger Global, along with existing investors Battery Ventures, Meritech Capital, FirstMark, Geodesic Capital, and Cross Creek. Pendo has now raised $206 million and will use the new funds to accelerate global expansion and drive product development to meet the growing demand for software that makes digital products easier to use. The company’s valuation is now $1 billion.
General Atlantic, a leading global growth equity firm, today announced that Lu Wang has joined the firm as an Operating Partner. Based in Beijing, Mr. Wang will provide strategic counsel to the firm’s investment team and portfolio companies through his significant operational expertise spanning the internet, e-commerce, digital and technology sectors in China.
Marathon Health (“Marathon,” or the “Company”), a leading provider of employer health centers, and General Atlantic, a leading global growth equity firm, today announced a strategic partnership that will position Marathon to further scale its operations and footprint to serve employees, spouses, and dependents across the United States. Along with the transaction, General Atlantic became the majority owner of Marathon, while Goldman Sachs’ Private Capital Investing Division has exited its approximately three-year partnership with the Company.
Sanfer, one of Mexico’s leading independent pharmaceutical companies, today announced it has obtained a USD $500 million minority investment from Caisse de dépôt et placement du Québec (CDPQ), a long-term institutional investor. The investment, one of the largest minority private equity transactions in Mexico, will enable Sanfer to execute on its continued expansion plans across Mexico and the broader Latin American region.
Morphe Holdings, a global beauty company, and General Atlantic, a leading global growth equity firm, announced today the launch of a new partnership in which General Atlantic will acquire a majority stake in the company alongside existing investor Summit Partners and co-founders Chris and Linda Tawil. Additional terms of the deal were not disclosed.
Motif Ingredients Rebrands to Motif FoodWorks, Raises $27.5 Million to Fuel Animal-Free Ingredients R&D
Ingredients innovation company, Motif Ingredients, today announced it received $27.5 million in funding led by General Atlantic, a leading global growth equity firm, with participation from CPT Capital. The company also revealed a new brand identity and name, Motif FoodWorks, and announced a number of additions to its leadership team. The capital raise, evolution of its brand and expanded team strategically position Motif FoodWorks to fulfill its aspiration to extend the realm of what’s possible with animal-free ingredients.