COHERE CAPITAL
COHERE CAPITAL is a Series B, Series C+ and buyout fund in the US writing up to $250M checks into AI, technology, tech-enabled services, it-consulting-and-outsourcing, iot, digital-marketing-technology, digital-advertising-technology, media-and-information-services-b2b, tech-enabled-services and media-and-information-services.
- Stages
- Series B, Series C+, buyout
- Sectors
- AI, technology, tech-enabled services, it-consulting-and-outsourcing, iot, digital-marketing-technology, digital-advertising-technology, media-and-information-services-b2b, tech-enabled-services, media-and-information-services
- Check size
- up to $250M
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 2019
- Assets under management
- $440M
Thesis
Cohere Capital is a Boston-based private equity firm founded in 2019, currently investing its second fund, Fund II, which closed with over $215 million. The firm manages approximately $440 million in client assets and focuses on growth-oriented, middle-market businesses in the technology and tech-enabled services sectors within the United States. They target companies with an enterprise value under $250 million and EBITDA up to $20 million, ideally showing at least 10% annual growth. Cohere Capital's strategy involves taking majority or influential minority stakes, often through recapitalizations and growth investments, with a preference for founder-owned companies that present some complexity. Their typical hold horizon is four to five years.
Common questions
Does COHERE CAPITAL invest at the Series B stage?
Yes. COHERE CAPITAL lists Series B, Series C+ and buyout among the stages it invests in.
What check size does COHERE CAPITAL write?
COHERE CAPITAL writes up to $250M checks.
Where does COHERE CAPITAL invest?
COHERE CAPITAL invests in the US.