# Argonaut Private Equity: portfolio, investments and team > Argonaut Private Equity is a private equity based in United States. 13 investments on record, latest Jun 2019. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/argonaut-private-equity (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Argonaut Private Equity Filed with the SEC to raise a fund in Aug 2026, closing $98M. Last cheque observed Jun 2019. Email Quiet New fund $98M, Aug 2026 Private equity Seed Series A Series B Biodiversity Cleantech Waste Follow Argonaut Private Equity and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fargonaut-private-equity) Cheques on record **0%** of best year **0** **cheques in 12 months**, 13 on record Since the last cheque **2700** days **00** hrs **00** min **00** sec Median round **$55M** Rounds led **0 of 13** Sole investor **3 rounds** Exits **2 from the portfolio** Mostly in **United States, 83%** Pitch Argonaut Private Equity ## Argonaut Private Equity highlights - 01 13 rounds on record - 02 Mostly Venture and Series C: 45% of its rounds - 03 Sole investor in 3 rounds, median $11M - 04 2 exits from the portfolio ## What they do > We are one of the largest private equity firms in the Central U.S. From their own website - **Type:** Private equity (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B Growth Pre-IPO - **Sectors:** Biodiversity Cleantech Waste - **Based in:** Tulsa, United States - **Cold pitches:** Accepted ## The record Every round we can evidence, newest first **13 appearances** - **2019** 1 round - **Jun** **[Alkami](https://millionrounds.com/company/alkami)** Series E · US · FinSMEs **$55M** With 3 others - **2016** 1 round - **Jan** **[Pivot3](https://millionrounds.com/company/pivot3)** **$56M** With 9 others - **2015** 1 round - **Feb** **[Pivot3](https://millionrounds.com/company/pivot3)** Growth · US **$45M** With 4 others - **2014** 2 rounds - **Oct** **[Pivot3](https://millionrounds.com/company/pivot3)** Series E · US **$2.0M** With 4 others - **Feb** **[Excellence Engineering](https://millionrounds.com/company/excellence-engineering)** US **Undisclosed** Sole investor - **2011** 2 rounds - **May** **[Crown Bioscience](https://millionrounds.com/company/crown-bioscience)** Series C · US · equityhelpdesk.com **$29M** With 4 others - **Mar** **[Yulex](https://millionrounds.com/company/yulex)** Venture · US · bizjournals.com **$15M** Sole investor - **2010** 3 rounds - **Oct** **[Aspen Aerogels](https://millionrounds.com/company/aspen-aerogels)** Venture · US · press.aerogel.com **$22M** With 5 others - **Jul** **[eYantra Industries](https://millionrounds.com/company/eyantra-industries)** Venture · IN · thehindubusinessline.com **$7.5M** Sole investor - **Feb** **[Luminus Devices](https://millionrounds.com/company/luminus-devices)** Series B · US · altassets.com **$19M** With 3 others - **2007** 1 round - **Apr** **[Cordys](https://millionrounds.com/company/cordys)** Growth · NL **$80M** With 1 other - **2006** 1 round - **May** **[Luminus Devices](https://millionrounds.com/company/luminus-devices)** Series D · US · luminus.com **$38M** With 5 others - **2005** 1 round - **May** **[Novariant](https://millionrounds.com/company/novariant)** Series C · US · novariant.com **$16M** With 6 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **5 named** KR **Kelby R. Hagar** President of BW Investment Management, Inc., the GP of Argonaut Fund V GP, LP, each Issuer's General Partner i Filing they signed PJ **Patrick Joseph Sullivan** Chief Compliance Officer of BW Investment Management, Inc., the GP of Argonaut Fund IV GP, LP, each Issuer's General Partner i Filing they signed PR **Phil R. VanTrease** Chief Financial Officer of BW Investment Management, Inc., the GP of Argonaut Fund IV GP, LP, each Issuer's General Partner i Filing they signed PD **Philip Dean Vantrease** Chief Financial Officer; General Counsel; Secretary i Form ADV SR **Steven Ryan Mitchell** President & CEO of BW Investment Management, Inc., the GP of Argonaut Fund IV GP, LP, each Issuer's General Partner i Filing they signed We also hold **35** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$3.0B** assets it manages Oct 2026 **Registered** investment adviser full reporting to the SEC - **Legal name:** Argonaut Private Capital, LP - **SEC number:** CRD 283878 Funds on its Form ADV **8** private funds, **$3.8B** in gross assets · filed Mar 2024 - ARG Private Equity, LLC *Private equity* 1 investor $1.0B - Argonaut Private Equity Fund IV, L.P. *Private equity* 64 investors $667M - Argonaut Private Equity Fund III, L.P. *Private equity* 30 investors $650M - Argonaut Private Equity Fund V, L.P. *Private equity* 103 investors $550M - ARG Private Equity II, LLC *Private equity* 1 investor $519M - Argonaut Private Equity Fund III AIV, L.P. *Private equity* 30 investors $216M - Argonaut Private Equity Fund IV-A, L.P. *Private equity* 10 investors $124M - Argonaut Private Equity Fund V-A, L.P. *Private equity* 16 investors $67M ## What they claim to have backed From their own portfolio page (on their website) **0** of 2 we have independently watched raise Investor Portal Station8branding Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. ## Exits from the portfolio Companies it backed that were later bought or listed **2 in all** **[Cordys](https://millionrounds.com/company/cordys)** Bought by OpenText Corporation **$33M** Aug 2013 **[Luminus Devices](https://millionrounds.com/company/luminus-devices)** Bought by Lightera **$22M** Jun 2013 An exit counts when it came after the firm's first round in the company. From historical deal records. New fund on file **$98M** raised in Aug 2026 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Seed Series A Series B Median round joined **$55M** the round, not its cheque Alone, median **$11M** Led 0 of 13 rounds **0%** - **Sole investor:** 3 rounds - **Last cheque:** Jun 2019 - **Exits:** 2 from the portfolio Rounds by stage said on their site - Venture *3* - Series C *2* - Growth said *2* - Series E *2* - Series D *1* - Series B said *1* - Seed said *-* Cheques by year Led Joined 2005 2019 Often in the room with - [S3 Ventures](https://millionrounds.com/fund/s3-ventures) 4 - [InterWest Partners](https://millionrounds.com/fund/interwest-partners) 3 - [Mesirow Financial](https://millionrounds.com/fund/mesirow-financial) 2 - [Stata Venture Partners (SVP)](https://millionrounds.com/fund/stata-venture-partners-svp) 2 - [Wilson Sonsini Goodrich & Rosati](https://millionrounds.com/fund/wilson-sonsini-goodrich-and-rosati) 2 **Pitching Argonaut Private Equity?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Argonaut Private Equity. A count of rooms they were both in, not a relationship either has claimed. [**S3 Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/s3-ventures)[**InterWest Partners** VC firm **3** rounds together](https://millionrounds.com/fund/interwest-partners)[**Mesirow Financial** Private equity **2** rounds together](https://millionrounds.com/fund/mesirow-financial)[**Stata Venture Partners (SVP)** VC firm **2** rounds together](https://millionrounds.com/fund/stata-venture-partners-svp)[**Wilson Sonsini Goodrich & Rosati** Corporate VC **2** rounds together](https://millionrounds.com/fund/wilson-sonsini-goodrich-and-rosati) ## Recently backed The latest companies Argonaut Private Equity put money into. [**Alkami** $55M · Jun 2019](https://millionrounds.com/company/alkami) ## Quick answers about Argonaut Private Equity ### What does Argonaut Private Equity invest in? Argonaut Private Equity invests most often at Venture and Series C (45% of the rounds on record), in sectors such as Biodiversity, Cleantech and Waste. ### How active is Argonaut Private Equity? 13 investments on record, 0 of them in the last 12 months. The most recent was in Jun 2019. ### What has Argonaut Private Equity invested in recently? Its most recent investments on record: Alkami (Series E, Jun 2019) and Pivot3 (Jan 2016). ### How big are Argonaut Private Equity's cheques? The median round it joins is $55M. ### Does Argonaut Private Equity lead rounds? Rarely, if at all: none of its 13 investments on record names it as the lead. ### Where does Argonaut Private Equity invest? Most of the companies it backs are in the United States (83%), India (8%) and the Netherlands (8%). ### Is Argonaut Private Equity investing now? No investments in the last 12 months; the latest was in Jun 2019. ### Who does Argonaut Private Equity invest alongside? Most often S3 Ventures (4 rounds together), InterWest Partners (3 rounds together) and Mesirow Financial (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=argonaut-private-equity) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=argonaut-private-equity)