# Silversmith Capital Partners: portfolio, investments and team > Silversmith Capital Partners is a private equity based in United States. 15 investments on record, latest Jul 2025. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/silversmith-capital-partners (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Silversmith Capital Partners Last cheque observed Jul 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Quiet Private equity Seed Series A Series B Connected Health Connected-health Healthcare Follow Silversmith Capital Partners and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fsilversmith-capital-partners) Cheques on record **0%** of best year **0** **cheques in 12 months**, 15 on record Since the last cheque **465** days **00** hrs **00** min **00** sec Median round **$64M** Cheque size, as they say **$20M – $125M** Rounds led **0 of 15** Sole investor **4 rounds** Exits **1 from the portfolio** Mostly in **United States, 80%** Pitch Silversmith Capital Partners ## Silversmith Capital Partners highlights - 01 15 rounds on record - 02 Mostly Seed and Series A: 88% of its rounds - 03 Sole investor in 4 rounds, median $45M - 04 1 exits from the portfolio ## What they do > We invest in technology. healthcare. growth. partnerships. From their own website - **Type:** Private equity (from a list, unverified) - **Cheque size:** $20M – $125M as they say - **Stages:** Seed Series A Series B Growth - **Sectors:** Connected Health Connected-health Healthcare - **Based in:** Boston, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **15 appearances** - **2025** 1 round - **Jul** **[Rocksalt](https://millionrounds.com/company/rocksalt)** Seed · US · Crunchbase News **$3.5M** With 4 others - **2019** 5 rounds - **Aug** **[Webflow](https://millionrounds.com/company/webflow)** Series A · US · FinSMEs **$72M** With 4 others - **Jun** **[Unily](https://millionrounds.com/company/unily)** GB · FinSMEs **$68M** With 1 other - **May** **[PDFTron](https://millionrounds.com/company/pdftron)** CA · FinSMEs **$71M** Sole investor - **May** **[BHE](https://millionrounds.com/company/bhe)** US · FinSMEs **$78M** With 1 other - **Mar** **[Impact](https://millionrounds.com/company/impact)** US · FinSMEs **$75M** With 1 other - **2018** 1 round - **Nov** **[Botkeeper](https://millionrounds.com/company/botkeeper)** Series A · US · FinSMEs **$18M** With 9 others - **2017** 1 round - **Sept** **[Absorb Software](https://millionrounds.com/company/absorb-software)** CA · FinSMEs **$59M** Sole investor - **2016** 2 rounds - **Oct** **[ActiveCampaign](https://millionrounds.com/company/activecampaign)** US · FinSMEs **$20M** Sole investor - **Jun** **[Impact Radius](https://millionrounds.com/company/impact-radius)** US · Pacbiztimes **$30M** Sole investor - **2015** 2 rounds - **Aug** **[ThriveHive](https://millionrounds.com/company/thrivehive)** Seed · US **$2.5M** With 12 others - **Apr** **[Crayon](https://millionrounds.com/company/crayon)** Venture · US **$1.5M** With 11 others - **2013** 1 round - **Jul** **[Privy.com](https://millionrounds.com/company/privy-com)** Seed · US · techcrunch.com **$1.7M** With 7 others - **2012** 1 round - **May** **[GroSocial](https://millionrounds.com/company/grosocial)** Seed · US · techcrunch.com **$1.0M** With 1 other - **2007** 1 round - **Sept** **[HubSpot](https://millionrounds.com/company/hubspot)** Series A · US **$5.0M** With 2 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** JJ **James John Quagliaroli** Managing Partner i Form ADV JR **Jeffrey Ryan Crisan** Managing Partner i Form ADV LF **Lori Frutkin Whelan** Managing Partner and Chief Operating Officer i Form ADV RA **Rafael Alberto Urdaneta** Chief Compliance Officer and Chief Financial Officer i Form ADV TA **Todd Andrew Maclean** Managing Partner i Form ADV We also hold **51** 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 **$7.2B** assets it manages Oct 2026 **4+** funds on file numbered funds in its name **Registered** investment adviser full reporting to the SEC - **Legal name:** Silversmith Management, L.P. - **SEC number:** CRD 281620 Funds on its Form ADV **21** private funds, **$4.9B** in gross assets · filed Mar 2024 - Silversmith Capital Partners IV-A, L.P. *Private equity* 58 investors $870M - Silversmith Capital Partners II-A L.P. *Private equity* 41 investors $869M - Silversmith Capital Partners I-A L.P. *Private equity* 38 investors $859M - Silversmith Capital Partners III-A, L.P. *Private equity* 47 investors $601M - Silversmith Capital Partners II-B L.P. *Private equity* 23 investors $384M - Silversmith Capital Partners IV-B, L.P. *Private equity* 37 investors $376M - Silversmith Capital Partners I-B L.P. *Private equity* 17 investors $311M - Silversmith Capital Partners III-B, L.P. *Private equity* 33 investors $270M - Silversmith Capital Partners II-C L.P. *Private equity* 48 investors $87M - Silversmith Capital Partners I-C L.P. *Private equity* 63 investors $79M And 11 more on the filing. ## What they claim to have backed From their own portfolio page (on their website) **2** of 4 we have independently watched raise [Activecampaign](https://millionrounds.com/company/activecampaign)[Webflow](https://millionrounds.com/company/webflow) Absorblms Onbe 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 **1 in all** **[GroSocial](https://millionrounds.com/company/grosocial)** Bought by Infusionsoft **Undisclosed** Jan 2013 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Seed Series A Series B Median round joined **$64M** the round, not its cheque Alone, median **$45M** Led 0 of 15 rounds **0%** - **Said size:** $20M – $125M - **Sole investor:** 4 rounds - **Last cheque:** Jul 2025 - **Exits:** 1 from the portfolio Rounds by stage said on their site - Seed said *4* - Series A said *3* - Venture *1* - Series B said *-* - Growth said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [Boston Syndicates](https://millionrounds.com/fund/boston-syndicates) 2 - [HubSpot Ventures](https://millionrounds.com/fund/hubspot-ventures) 2 - [Jere Doyle](https://millionrounds.com/fund/jere-doyle) 2 **Pitching Silversmith Capital Partners?** 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 Silversmith Capital Partners. A count of rooms they were both in, not a relationship either has claimed. [**Boston Syndicates** VC firm **2** rounds together](https://millionrounds.com/fund/boston-syndicates)[**HubSpot Ventures** Corporate VC **2** rounds together](https://millionrounds.com/fund/hubspot-ventures)[**Jere Doyle** Angel network **2** rounds together](https://millionrounds.com/fund/jere-doyle) ## Recently backed The latest companies Silversmith Capital Partners put money into. [**Rocksalt** $3.5M · Jul 2025](https://millionrounds.com/company/rocksalt)[**Webflow** $72M · Aug 2019](https://millionrounds.com/company/webflow)[**Impact** $75M · Mar 2019](https://millionrounds.com/company/impact)[**Botkeeper** $18M · Nov 2018](https://millionrounds.com/company/botkeeper)[**ActiveCampaign** $20M · Oct 2016](https://millionrounds.com/company/activecampaign) ## On podcasts 1 episode naming Silversmith Capital Partners in the title, and 1 more that mention it. - [Growth Investor](https://millionrounds.com/podcasts/growth-investor) 14 Sept 2022 · 22 min Partners For The Long Run: Silversmith Capital Partners’ Jeff Crisan Mentions [Silversmith Capital Partners](https://millionrounds.com/fund/silversmith-capital-partners) Apple PodcastsShow page ### Mentioned in - [Growth Investor](https://millionrounds.com/podcasts/growth-investor) 6 Nov 2024 · 23 min Exceptional Software Investor: Silversmith’s Jim Quagliaroli Apple PodcastsShow page ## Quick answers about Silversmith Capital Partners ### What does Silversmith Capital Partners invest in? Silversmith Capital Partners invests most often at Seed and Series A (88% of the rounds on record), in sectors such as Connected Health, Connected-health and Healthcare. ### How active is Silversmith Capital Partners? 15 investments on record, 0 of them in the last 12 months. The most recent was in Jul 2025. ### What has Silversmith Capital Partners invested in recently? Its most recent investments on record: Rocksalt (Seed, Jul 2025), Webflow (Series A, Aug 2019) and Unily (Undisclosed round, Jun 2019). ### How big are Silversmith Capital Partners's cheques? The median round it joins is $64M. It says it writes cheques of $20M to $125M. ### Does Silversmith Capital Partners lead rounds? Rarely, if at all: none of its 15 investments on record names it as the lead. ### Where does Silversmith Capital Partners invest? Most of the companies it backs are in the United States (80%), Canada (13%) and the United Kingdom (7%). ### Is Silversmith Capital Partners investing now? No investments in the last 12 months; the latest was in Jul 2025. ### Who does Silversmith Capital Partners invest alongside? Most often Boston Syndicates (2 rounds together), HubSpot Ventures (2 rounds together) and Jere Doyle (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=silversmith-capital-partners) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=silversmith-capital-partners)