United States · Investor

LLR Partners

Filed with the SEC to raise a fund in Aug 2026, closing $1,425M. Last cheque observed Sep 2022.

QuietNew fund $1.4B, Aug 2026VC firm

SeedSeries ALongevityMental HealthHealthtech

Cheques on record
0%of best year0cheques in 12 months, 45 on record
Since the last cheque1501days00hrs00min00sec
Median round$30MRounds led1 of 45Sole investor29 roundsExits5 from the portfolioMostly inUnited States, 100%
Pitch LLR Partners

LLR Partners highlights

  1. 01

    45 rounds on record

  2. 02

    Mostly Venture and Growth: 87% of its rounds

  3. 03

    Sole investor in 29 rounds, median $30M

  4. 04

    5 exits from the portfolio

What they do

LLR Partners is a lower middle market private equity firm focused on investing in software and tech-enabled companies within the knowledge economy.From their own website
Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
SeedSeries A
Sectors
LongevityMental HealthHealthtech
Based in
Philadelphia, United States
Cold pitches
Accepted

The record

Every round we can evidence, newest first45 appearances

  1. 2022

    1 round

  2. Sept
    PCS SoftwareGrowth · US · Firms' own news pagesUndisclosedLed
  3. 2019

    4 rounds

  4. Dec
    SuvodaUS · FinSMEs$40MSole investor
  5. Dec
    Relay NetworkUS · Businesswire$30MSole investor
  6. Apr
    Digital GuardianUS · FinSMEs$30MSole investor
  7. Jan
    IntelityUS · FinSMEs$44MSole investor
  8. 2018

    1 round

  9. Mar
    MidigatorUS · FinSMEs$30MSole investor
  10. 2017

    1 round

  11. Nov
    eLocalUS · FinSMEs$25MSole investor
  12. 2015

    5 rounds

  13. May
    CoreDialGrowth · US$28MSole investor
  14. May
    CompoSecureUSUndisclosedSole investor
  15. Apr
    WennSoftUSUndisclosedSole investor
  16. Mar
    Agility RecoveryUSUndisclosedSole investor
  17. Feb
    Message SystemsSeries C · US$27MWith 2 others
  18. 2014

    4 rounds

  19. Nov
    VersionOneSeries B · US$20MSole investor
  20. Oct
    PhreesiaSeries E · US$30MWith 2 others
  21. Jun
    ACREVenture · USUndisclosedSole investor
  22. Jun
    AasonnGrowth · US$20MSole investor
  23. 2013

    7 rounds

  24. Dec
    iJET InternationalVenture · USUndisclosedSole investor
  25. Dec
    UltisatVenture · USUndisclosedSole investor
  26. Oct
    LogiAnalyticsGrowth · US · finsmes.com$28MWith 1 other
  27. Oct
    CigitalGrowth · US · bizjournals.com$50MSole investor
  28. Apr
    Cedar CapitalVenture · US$75MWith 2 others
  29. Mar
    HighPoint SolutionsVenture · USUndisclosedSole investor
  30. Jan
    AlsbridgeUS · finsmes.comUndisclosedSole investor
  31. 2012

    5 rounds

  32. Sept
    Orbis EducationVenture · US · sec.gov$24MSole investor
  33. Jul
    PHYSICIANS IMMEDIATE CAREVenture · USUndisclosedWith 1 other
  34. Jun
    Message SystemsSeries B · US · sec.gov$32MSole investor
  35. Jun
    Ultimus Fund SolutionsVenture · USUndisclosedSole investor
  36. Jun
    SDIUS · prnewswire.comUndisclosedWith 1 other
  37. 2011

    6 rounds

  38. Aug
    VectorLearningVenture · US · finsmes.com$24MSole investor
  39. Jul
    QuintiqUS · finsmes.comUndisclosedWith 1 other
  40. Jun
    Pet360Venture · US · reuters.com$18MWith 1 other
  41. Jun
    Strategic DistributionVenture · USUndisclosedSole investor
  42. Feb
    NumotionVentureUndisclosedSole investor
  43. Jan
    Avenues: The World SchoolVenture · US$75MWith 1 other
  44. 2010

    5 rounds

  45. Oct
    LightspeedUS · finsmes.comUndisclosedSole investor
  46. Sept
    TribridgeVenture · US$24MSole investor
  47. Jul
    IOD IncorporatedVenture · US$35MSole investor
  48. Jun
    Vivere HealthVenture · US$23MSole investor
  49. Mar
    Message SystemsSeries A · US · wiredvc.com$6.0MWith 1 other
  50. 2009

    1 round

  51. Jun
    RevitasGrowth · US$55MSole investor

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 registration16 named

DJDavid J. ReuterManaging Director of the Top GPiFiling they signed
DJDavid J. StienesManaging Director of the Top GPiFiling they signed
HJHoward J. RossManaging Director of the Top GPiFiling they signed
IJIra J. LubertManaging Director of the Top GPiFiling they signed
JJJack J. SlyeManaging Director of the Top GPiFiling they signed
JDJoshua David LoftusGeneral Counsel of the Top GPiFiling they signed
MLMichael LevenbergManaging Director of the Top GPiFiling they signed
MWMichelle Woods VaughnChief Compliance OfficeriForm ADV
MJMitchell J. HollinManaging Director of the Top GPiFiling they signed
NSNoah Steven BeckerChief Financial Officer of the Top GPiFiling they signed
RGRyan GoldenbergManaging Director of the Top GPiFiling they signed
SASasank AletiManaging Director of the Top GPiFiling they signed
SJScott J. PerricelliManaging Director of the Top GPiFiling they signed
SJSeth J. LehrManaging Director of the Top GPiFiling they signed
TJTodd J. MorrisseyManaging Director of the Top GPiFiling they signed
ZSZachary SigalManaging Director of the Top GPiFiling they signed

We also hold 114 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

$7.6Bassets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
Legal name
LLR Management Holdco, L.P.
SEC number
CRD 323438

Funds on its Form ADV

17 private funds, $5.9B in gross assets · filed Mar 2024

  1. LLR Equity Partners V, L.P.Private equity255 investors$1.8B
  2. LLR Equity Partners VI, L.P.Private equity358 investors$1.3B
  3. LLR Equity Partners Vii,l.p.Private equity188 investors$651M
  4. LLR Equity Partners International VI, L.P.Private equity35 investors$587M
  5. LLR Equity Partners IV, L.P.Private equity149 investors$569M
  6. LLR Equity Partners International V, L.P.Private equity11 investors$268M
  7. LLR Equity Partners International Vii,l.p.Private equity22 investors$251M
  8. LLR Equity Partners Parallel V, L.P.Private equity73 investors$116M
  9. LLR V Sponsor Co-Invest, L.P.Private equity44 investors$87M
  10. LLR VI Sponsor Co-Invest ,L.P.Private equity20 investors$81M

And 7 more on the filing.

What they claim to have backed

From their own portfolio page (on their website)

0 of 2 we have independently watched raise

CommunityLinkedIn

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 listed5 in all

IOD IncorporatedBought by New Mountain CapitalUndisclosedJul 2015
Pet360Bought by PetSmart$130MSept 2014
QuintiqBought by Dassault Systemes$337MJul 2014
NovientBought by Solution 6 Group LtdUndisclosedJun 2002

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as LLR Partners. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies LLR Partners put money into.

Quick answers about LLR Partners

What does LLR Partners invest in?

LLR Partners invests most often at Venture and Growth (87% of the rounds on record), in sectors such as Longevity, Mental Health and Healthtech.

How active is LLR Partners?

45 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Sept 2022.

What has LLR Partners invested in recently?

Its most recent investments on record: PCS Software (Growth, Sept 2022), Suvoda (Undisclosed round, Dec 2019) and Relay Network (Undisclosed round, Dec 2019).

How big are LLR Partners's cheques?

The median round it joins is $30M.

Does LLR Partners lead rounds?

Sometimes: it led 1 of its 45 investments on record (2%).

Where does LLR Partners invest?

Most of the companies it backs are in the United States (100%).

Is LLR Partners investing now?

No investments in the last 12 months; the latest was in Sept 2022.

Who does LLR Partners invest alongside?

Most often NewSpring (3 rounds together), Mellon Ventures (2 rounds together) and Updata Partners (2 rounds together).

Raising now?

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it