AMERICAN DISCOVERY INVESTMENT ADVISORS, LLC
AMERICAN DISCOVERY INVESTMENT ADVISORS, LLC is a Series C+, buyout and other fund in the US writing $10M–$50M checks into Fintech, software-services, business-technology-services and healthcare-services.
- Stages
- Series C+, buyout, other
- Sectors
- Fintech, software-services, business-technology-services, healthcare-services
- Check size
- $10M–$50M
- Invests in
- US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2016
- Assets under management
- $286.1M
- Website
- americandiscoverycapital.com
Thesis
American Discovery Capital (ADC) is an integrated, independent merchant banking firm founded in 2016 and based in Los Angeles, California. The firm operates through advisory services and principal investments, focusing on partnering with founder-led and family-owned businesses in the lower middle market. Their investment strategy targets US-based companies with $10-50 million in revenue, seeking majority or significant minority stakes. ADC engages in buyout, expansion, growth, restructuring, and succession-driven investment stages, primarily within the Software & Services sectors, including business and technology services, healthcare services, and fintech. They differentiate themselves through a merchant banking model that generates proprietary deal flow and a hands-on approach, providing strategic advice, operational expertise, and capital solutions. American Discovery Fund I closed in 2019 with $60 million, and American Discovery Fund II (ADF II) closed in July 2024 with $190 million. As of May 28, 2025, American Discovery Investment Advisors, LLC reported AUM of $286.1 million.
Common questions
Does AMERICAN DISCOVERY INVESTMENT ADVISORS, LLC invest at the Series C+ stage?
Yes. AMERICAN DISCOVERY INVESTMENT ADVISORS, LLC lists Series C+, buyout and other among the stages it invests in.
What check size does AMERICAN DISCOVERY INVESTMENT ADVISORS, LLC write?
AMERICAN DISCOVERY INVESTMENT ADVISORS, LLC writes $10M–$50M checks.
Where does AMERICAN DISCOVERY INVESTMENT ADVISORS, LLC invest?
AMERICAN DISCOVERY INVESTMENT ADVISORS, LLC invests in the US.