# Sterling Partners: portfolio, investments and team > Sterling Partners is a vc firm based in United States. 14 investments on record, latest Aug 2016. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/sterling-partners (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Sterling Partners Last cheque observed Aug 2016. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Quiet VC firm Seed Series A Series B Fitness Internet Financial Services Cheques on record **0%** of best year **0** **cheques in 12 months**, 14 on record Since the last cheque **3715** days **00** hrs **00** min **00** sec Median round **$43M** Rounds led **0 of 14** Sole investor **9 rounds** Exits **2 from the portfolio** Mostly in **United States, 100%** Pitch Sterling Partners ## Sterling Partners highlights - 01 14 rounds on record - 02 Mostly Growth and Series A: 60% of its rounds - 03 Sole investor in 9 rounds, median $30M - 04 2 exits from the portfolio ## What they do > We are an investment Management Platform We invest and manage across strategies and asset classes. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B Growth - **Sectors:** Fitness Internet Financial Services - **Based in:** Chicago, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **14 appearances** - **2016** 1 round - **Aug** **[Panopto](https://millionrounds.com/company/panopto)** US · FinSMEs **$43M** Sole investor - **2014** 2 rounds - **Oct** **[Results Physiotherapy](https://millionrounds.com/company/results-physiotherapy)** US **Undisclosed** Sole investor - **Jun** **[SAVO](https://millionrounds.com/company/savo)** Venture · US **$35M** With 2 others - **2012** 3 rounds - **Jul** **[SecureNet Payment Systems](https://millionrounds.com/company/securenet-payment-systems)** Growth · US · securenet.com **$18M** Sole investor - **Apr** **[School of Rock](https://millionrounds.com/company/school-of-rock)** Venture · US · finsmes.com **$5.0M** Sole investor - **Apr** **[Desert Industrial X-Ray](https://millionrounds.com/company/desert-industrial-x-ray)** US · finsmes.com **Undisclosed** Sole investor - **2011** 3 rounds - **Dec** **[First Choice Emergency Room](https://millionrounds.com/company/first-choice-emergency-room)** US · finsmes.com **Undisclosed** Sole investor - **Apr** **[School of Rock](https://millionrounds.com/company/school-of-rock)** Venture · US · businessinsider.com **$3.5M** Sole investor - **Apr** **[IO.com](https://millionrounds.com/company/io-com)** Growth · US · freshnews.com **$105M** Sole investor - **2008** 1 round - **Dec** **[IO.com](https://millionrounds.com/company/io-com)** Growth · US · datacenterknowledge.com **$56M** Sole investor - **2007** 1 round - **Oct** **[Avectra](https://millionrounds.com/company/avectra)** Series A · US · citybizlist.com **$27M** With 1 other - **2005** 1 round - **Sept** **[SAVO](https://millionrounds.com/company/savo)** Series A · US · illinoisvc.org **$10M** With 2 others - **2004** 1 round - **Jun** **[eCredit](https://millionrounds.com/company/ecredit)** Series B · US **$8.0M** With 3 others - **2002** 1 round - **Oct** **[AnAerobics](https://millionrounds.com/company/anaerobics)** Series A · US **$15M** 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** DL **Douglas Lee Becker** Manager and Senior Managing Director of Sterling Fund Management, LLC and Manager of Sterling Fund Management Holdings G i Form ADV JW **Jeffrey William Elburn** Managing Director of Sterling Fund Management, LLC and Chief Financial Officer i Form ADV MA **Maury Avram Epstein** Managing Director of Sterling Fund Management, LLC and Chief Operating Officer, Chief Compliance Officer and General Cou i Form ADV RC **Rudolf Christopher Hoehnsaric** Manager and Senior Managing Director of Sterling Fund Management, LLC and Manager of Sterling Fund Management Holdings G i Form ADV SM **Steven Michael Taslitz** Manager and Senior Managing Director of Sterling Fund Management, LLC and Manager of Sterling Fund Management Holdings G i Form ADV We also hold **14** 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 **$462M** assets it manages Oct 2026 **Registered** investment adviser full reporting to the SEC - **Legal name:** Sterling Fund Management, LLC - **SEC number:** CRD 160338 Funds on its Form ADV **22** private funds, **$1.1B** in gross assets · filed Mar 2024 - Sterling Small Market Education Fund, L.P. *Private equity* 2 investors $504M - Laureate Co-Investors I Limited Partnership *Private equity* 1 investor $148M - Sterling Capital Partners IV, L.P. *Private equity* 86 investors $139M - Laureate Co-Investors II Limited Partnership *Private equity* 1 investor $75M - Sterling Partners - Small Market Growth Secondary, L.P. *Private equity* 2 investors $72M - Sterling Partners - Small Market Growth 2009, L.P. *Private equity* 22 investors $38M - Sterling Lecturio Fund, LLC *Private equity* 23 investors $34M - ILM Investments Limited Partnership *Private equity* 4 investors $33M - Avathon Imagine Co-Invest LLC *Private equity* 2 investors $15M - Sterling Lecturio Feeder LLC *Private equity* 19 investors $13M And 12 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 Design + Build by Itemdataobject 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** **[SecureNet Payment Systems](https://millionrounds.com/company/securenet-payment-systems)** Bought by [Worldpay](https://millionrounds.com/fund/worldpay) **Undisclosed** Nov 2014 **[eCredit](https://millionrounds.com/company/ecredit)** Bought by [Fidelity Ventures](https://millionrounds.com/fund/fidelity-ventures) **Undisclosed** Dec 2006 An exit counts when it came after the firm's first round in the company. From historical deal records. ## Companies it bought Acquisitions by the firm itself **Hoffman Southwest** **Undisclosed** Jul 2015 **Surgical Solutions** **Undisclosed** Dec 2014 **Florida Coastal School of Law** **Undisclosed** Jan 2004 ## The cheque Seed Series A Series B Median round joined **$43M** the round, not its cheque Alone, median **$30M** Led 0 of 14 rounds **0%** - **Sole investor:** 9 rounds - **Last cheque:** Aug 2016 - **Exits:** 2 from the portfolio Rounds by stage said on their site - Growth said *3* - Series A said *3* - Venture *3* - Series B said *1* - Seed said *-* Cheques by year Led Joined 2002 2016 Often in the room with - [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) 2 **Pitching Sterling 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 Sterling Partners. A count of rooms they were both in, not a relationship either has claimed. [**Sapphire Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/sapphire-ventures) ## Recently backed The latest companies Sterling Partners put money into. [**Panopto** $43M · Aug 2016](https://millionrounds.com/company/panopto) ## Quick answers about Sterling Partners ### What does Sterling Partners invest in? Sterling Partners invests most often at Growth and Series A (60% of the rounds on record), in sectors such as Fitness, Internet and Financial Services. ### How active is Sterling Partners? 14 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2016. ### What has Sterling Partners invested in recently? Its most recent investments on record: Panopto (Undisclosed round, Aug 2016). ### How big are Sterling Partners's cheques? The median round it joins is $43M. ### Does Sterling Partners lead rounds? Rarely, if at all: none of its 14 investments on record names it as the lead. ### Where does Sterling Partners invest? Most of the companies it backs are in the United States (100%). ### Is Sterling Partners investing now? No investments in the last 12 months; the latest was in Aug 2016. ### Who does Sterling Partners invest alongside? Most often Sapphire Ventures (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=sterling-partners) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=sterling-partners)