Divergent Investments is a private equity firm that focuses on late stage investments in high growth technology companies. Recently, the firm led a $30 million Series B funding round for the Professional Triathletes Organization (PTO). Here is an overview of Divergent Investments and its investment strategies.
Divergent Investments’ Investment Focus and Strategy
Divergent Investments is a growth equity firm that provides capital to late stage, high growth technology companies. It targets investments in software, consumer internet, fintech, healthtech, edtech and other technology sectors. The firm seeks to invest in companies that have an established product-market fit and are in a high growth phase.
Divergent’s investment strategy is to identify companies that have a proven business model and strong growth metrics. It looks for companies that have potential to become leaders in their market verticals. The firm provides not just capital but also strategic and operational support to help its portfolio companies accelerate growth.
Divergent’s Recent PTO Investment
Divergent Investments recently led a $30 million Series B funding round for the Professional Triathletes Organization (PTO). The PTO runs triathlon events and represents professional triathletes.
The investment will help PTO accelerate its global expansion efforts and grow its media distribution. Divergent partner Michael Moritz stated that the firm views PTO as an innovative league that can dramatically increase triathlon’s popularity and bring inspiring athleticism to screens around the world.
Other Notable Divergent Investments
Some other recent investments by Divergent Investments include:
– Data software company Incorta ($100 million Series D)
– AI writing platform Anthropic ($200 million Series B)
– Digital health platform Galileo ($70 million Series B)
– Fintech Cross River Bank ($620 million)
Divergent’s portfolio demonstrates its focus on late stage technology companies across software, AI, digital health, fintech and other sectors that have achieved substantial scale and growth.
Divergent’s Investment Team and Background
Divergent Investments was founded in 2014 by a team of seasoned technology investors. The partners have decades of experience investing in high-growth tech companies.
Notable members of the investment team include:
– Michael Ma (Co-Founder & Managing Partner) – ex-General Catalyst
– Matt Streisfeld (Co-Founder & Managing Partner) – ex-General Atlantic
– Sean Dalton (General Partner) – ex-Sequoia Capital
The team’s experience at top tier venture capital and growth equity firms enables Divergent to identify and partner with leading late stage tech companies.
Divergent Investments focuses on making late stage growth equity investments in established high growth technology companies. Its investment in PTO highlights its strategy of backing innovative companies with strong momentum. With its experienced investment team, Divergent is well positioned to continue investing in leading late stage tech firms.