STRAYLIGHT CAPITAL MANAGEMENT
STRAYLIGHT CAPITAL MANAGEMENT is a Series C+ fund in the US and Midwest US writing $5M–$25M checks into Enterprise, b2b-software, tech-enabled-services and software.
- Stages
- Series C+
- Sectors
- Enterprise, b2b-software, tech-enabled-services, software
- Check size
- $5M–$25M
- Invests in
- US-wide, Midwest US
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2002
- Assets under management
- $226.7M
Thesis
Straylight Capital Management is a growth equity firm founded in 2002, formerly known as Plymouth Ventures and Plymouth Growth. Headquartered in Ann Arbor and Detroit, Michigan, they focus on investing in founder-led B2B technology companies, with a particular emphasis on the SaaS sector. Their investment thesis targets growth-stage companies with annual revenues between $3 million and $13 million, providing flexible capital and hands-on operational support. Straylight acts as a lead investor, typically deploying $5 million to $25 million per deal, with an initial investment preference of $5 million to $10 million. They primarily invest in North America, with a strong focus on the Midwest, aiming to support companies often overlooked by coastal investors. Their strategy emphasizes capital-efficient and sustainable growth, leveraging private equity skillsets for growth through acquisitions. The firm manages approximately $226.7 million in assets under management.
Common questions
Does STRAYLIGHT CAPITAL MANAGEMENT invest at the Series C+ stage?
Yes. STRAYLIGHT CAPITAL MANAGEMENT lists Series C+ among the stages it invests in.
What check size does STRAYLIGHT CAPITAL MANAGEMENT write?
STRAYLIGHT CAPITAL MANAGEMENT writes $5M–$25M checks.
Where does STRAYLIGHT CAPITAL MANAGEMENT invest?
STRAYLIGHT CAPITAL MANAGEMENT invests in the US and Midwest US.