THOMA BRAVO
THOMA BRAVO is a Series C+ and buyout fund in the US writing $100M–$300M checks into AI, Enterprise, Security, software, technology, application-software, infrastructure-software and edtech.
- Stages
- Series C+, buyout
- Sectors
- AI, Enterprise, Security, software, technology, application-software, infrastructure-software, edtech
- Check size
- $100M–$300M
- Invests in
- US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 1980
- Assets under management
- $183B
- Website
- thomabravo.com
Thesis
Thoma Bravo is a prominent American private equity and growth capital firm with a strong focus on the software and technology sectors. Founded in 1980 and headquartered in Chicago, Illinois, it manages over $183 billion in assets. The firm's investment strategy centers on acquiring and building innovative software and technology-enabled businesses through a 'consolidation' or 'buy and build' approach. They identify and invest in growth-oriented companies, primarily in application software, infrastructure software, and cybersecurity, with a preference for control deals in enterprise software. Thoma Bravo actively pursues buyouts of private companies, corporate divisions, and take-private transactions of public companies, partnering with management to drive operational improvements and growth. Their strategy involves acquiring platform companies and pursuing add-on acquisitions to consolidate markets. Thoma Bravo has a global presence with offices in Chicago, Miami, San Francisco, New York City, Dallas, and London, but primarily focuses on companies within the United States. They also operate a private credit platform for software and technology investments. The firm's 15th fund closed in December 2022 with $24.3 billion, and they raised $34.4 billion in June 2025 across three funds. While specific check sizes vary, investments typically range from $100 million to $300 million.
Common questions
Does THOMA BRAVO invest at the Series C+ stage?
Yes. THOMA BRAVO lists Series C+ and buyout among the stages it invests in.
What check size does THOMA BRAVO write?
THOMA BRAVO writes $100M–$300M checks.
Where does THOMA BRAVO invest?
THOMA BRAVO invests in the US.