# Summit Partners: portfolio, investments and team

> Summit Partners is a private equity based in United States. 356 investments on record, 8 in the last 12 months, latest Oct 2026.

Source: https://millionrounds.com/fund/summit-partners (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Summit Partners

Last cheque observed Oct 2026; 356 cheques on record.

Email

Deploying now New fund $101M, Sept 2026 Private equity

Pre-seed Seed Series A Technology Healthcare & Life Sciences Growth Products & Services

Follow Summit Partners and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fsummit-partners)

Deploying now

**62%** of best year **8** **cheques in 12 months**, 356 on record

Since the last cheque **9** days **00** hrs **00** min **00** sec

Median round **$81M** Cheque size, as they say **$10M – $100M** Rounds led **11 of 356** Sole investor **250 rounds** Exits **120 from the portfolio** Mostly in **United States, 68%**

Pitch Summit Partners

## Summit Partners highlights

- 01 8 cheques in the last 12 months
- 02 Mostly Venture and Growth: 56% of its rounds
- 03 Sole investor in 250 rounds, median $26M
- 04 120 exits from the portfolio

## What they do

> At Summit Partners we provide capital and resources to power the growth of category-leading companies as a growth-focused private equity investor. From their own website

- **Type:** Private equity (from a list, unverified)
- **Cheque size:** $10M – $100M as they say
- **Stages:** Pre-seed Seed Series A Series B Growth Pre-IPO
- **Sectors:** Technology Healthcare & Life Sciences Growth Products & Services
- **Based in:** Boston, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **356 appearances**

- **2026** 8 rounds
- **Oct** **[Cognitive Credit](https://millionrounds.com/company/cognitive-credit)** Growth · US · Pulse 2.0 **$40M** *Led*
- **Jul** **[Keyfactor](https://millionrounds.com/company/keyfactor)** US · Crunchbase News **$1.0B** *Led*
- **Jun** **[Quantifind](https://millionrounds.com/company/quantifind)** Growth · US · Ventureburn **$200M** *Led*
- **Jun** **[Chronograph](https://millionrounds.com/company/chronograph)** Growth · US · AlleyWatch **$140M** With 1 other
- **Jun** **[Runpod](https://millionrounds.com/company/runpod)** Series A · US **$100M** With 2 others
- **May** **[LifeStance Health](https://millionrounds.com/company/lifestance-health)** Secondary · US **$285M** Sole investor
- **Apr** **[Hyperlight](https://millionrounds.com/company/hyperlight)** Series C · US **$80M** With 1 other
- **Feb** **[Stay22](https://millionrounds.com/company/stay22)** Growth · CA **$122M** With 1 other
- **2025** 10 rounds
- **Aug** **[Klaviyo](https://millionrounds.com/company/klaviyo)** Secondary · US **$195M** With 2 others
- **Jul** **[Quorso](https://millionrounds.com/company/quorso)** Venture · GB **Undisclosed** With 2 others
- **Jun** **[MUBI](https://millionrounds.com/company/mubi)** GB · Crunchbase News **$100M** With 2 others
- **Apr** **[Manychat](https://millionrounds.com/company/manychat)** Growth · US · Crunchbase News **$140M** *Led*
- **Apr** **[ModMed](https://millionrounds.com/company/modmed)** Growth · US **$100M** With 3 others
- **Apr** **[Instrumentl](https://millionrounds.com/company/instrumentl)** Growth · US **$55M** With 3 others
- **Feb** **[NinjaOne](https://millionrounds.com/company/ninjaone)** Series C · US · Crunchbase News **$500M** With 3 others
- **Feb** **[StackAdapt](https://millionrounds.com/company/stackadapt)** Growth · CA · Crunchbase News **$235M** With 4 others
- **Feb** **[Fundraise Up](https://millionrounds.com/company/fundraise-up)** Series B · US · AlleyWatch **$70M** *Led*
- **Jan** **[Fundraise Up](https://millionrounds.com/company/fundraise-up)** US · AlleyWatch **$40M** *Led*
- **2024** 7 rounds
- **Sept** **[Hyperlight](https://millionrounds.com/company/hyperlight)** Series B · US **$37M** With 1 other
- **Jul** **[Earned Wealth](https://millionrounds.com/company/earned-wealth)** Venture · US **$200M** With 1 other
- **Jun** **[Celcoin](https://millionrounds.com/company/celcoin)** Series C · BR **$125M** With 1 other
- **May** **[Onestock](https://millionrounds.com/company/onestock)** Growth · FR **$72M** Sole investor
- **May** **[LifeStance Health](https://millionrounds.com/company/lifestance-health)** Secondary · US **$125M** Sole investor
- **May** **[Lazada Group](https://millionrounds.com/company/lazada-group)** Venture · SG **$230M** With 3 others
- **Apr** **[Netgain Solutions](https://millionrounds.com/company/netgain-solutions)** Series B · US **$35M** Sole investor
- **2023** 5 rounds
- **Nov** **[Patriot Growth Insurance Services](https://millionrounds.com/company/patriot-growth-insurance-services)** Debt · US **$500M** With 1 other
- **Sept** **[Red Points](https://millionrounds.com/company/red-points)** Venture · ES **Undisclosed** With 4 others
- **May** **[Keeper Security](https://millionrounds.com/company/keeper-security)** Venture · US **Undisclosed** With 1 other
- **Apr** **[Doctrine](https://millionrounds.com/company/doctrine)** Venture · FR **Undisclosed** With 3 others
- **Feb** **[Jobber](https://millionrounds.com/company/jobber)** Series D · CA **$100M** With 4 others
- **2022** 9 rounds
- **Oct** **[Podium](https://millionrounds.com/company/podium)** Venture · US **Undisclosed** With 4 others
- **Oct** **[Snap Finance](https://millionrounds.com/company/snap-finance)** Growth · US **$21M** Sole investor
- **Oct** **[Immersive](https://millionrounds.com/company/immersive)** Series C · GB **$66M** With 5 others
- **Jul** **[PriceLabs](https://millionrounds.com/company/pricelabs)** Series A · US **$30M** Sole investor
- **Jul** **[Halborn](https://millionrounds.com/company/halborn)** Series A · US **$90M** With 2 others
- **Jun** **[Foxen](https://millionrounds.com/company/foxen)** Series A · US **$44M** Sole investor
- **Apr** **[Later](https://millionrounds.com/company/later)** Growth · US **$135M** With 4 others
- **Mar** **[Akeneo](https://millionrounds.com/company/akeneo)** Series D · FR **$135M** With 4 others
- **Jan** **[ProGlove](https://millionrounds.com/company/proglove)** Venture · DE **Undisclosed** With 2 others
- **2021** 9 rounds
- **Oct** **[Hairstory](https://millionrounds.com/company/hairstory)** Growth · US **$24M** Sole 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 registration **24 named**

AD **Adam D. Britt** Executive officer i Filing they signed

AH **Adam Hugh Hennessey** Executive Officer of the Investment Manager i Filing they signed

AD **Alexander D. Whittemore** Executive officer of the general partner of the general partner i Filing they signed

AD **Alexander D. Whittmore** Executive Officer i Filing they signed

AA **Andrew A. Mccarthy** Executive Officer i Filing they signed

BR **Bruce Roger Evans** Executive officer of the general partner of the general partner i Filing they signed

CJ **Charles J. Fitgerald** Executive officer i Filing they signed

CJ **Charles James Fitzgerald** Executive officer i Filing they signed

CR **Christian R. Strain** Executive Officer i Filing they signed

CJ **Christopher John Dean** Executive Officer i Filing they signed

CZ **Courtney Z. McCarthy** Promoter i Filing they signed

CD **Craig David Frances** Executive Officer of the Investment Manager i Filing they signed

DM **Darren Michael Black** Executive Officer of the Investment Manager i Filing they signed

DW **David W. Averett** Executive Officer i Filing they signed

DN **Dennis N. Kim** Executive Officer i Filing they signed

DB **Devin B. O'Malley** Executive Officer i Filing they signed

EH **Erin Helen White** Chief Compliance Officer i Form ADV

GN **Gabe N. Carreiro** Executive Officer i Filing they signed

GS **Greg S. Goldfarb** Executive Officer i Filing they signed

GJ **Gregg J. Nardone** Executive officer of the investment adviser i Filing they signed

GB **Gus B. Phelps** Executive Officer i Filing they signed

HL **Han L. Sikkens** Executive Officer i Filing they signed

JM **James M. Freeland** Executive officer of the investment adviser i Filing they signed

JD **Jay D. Pauley** Executive Officer i Filing they signed

We also hold **214** 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

**$47B** assets it manages, 3 advisers combined Oct 2026

**12+** funds on file numbered funds in its name

**Registered** investment adviser full reporting to the SEC

- **Legal name:** Summit Partners Credit Advisors, L.P.
- **SEC number:** CRD 175100

Funds on its Form ADV

**100** private funds, **$38B** in gross assets · filed Sept 2024

Private equity **88** Hedge **12**

- Summit Partners Growth Equity Fund XI-A, L.P. *Private equity* 132 investors $4.4B
- Summit Partners Growth Equity Fund XI-B, L.P. *Private equity* 142 investors $4.2B
- Summit Partners Growth Equity Fund X-A, L.P. *Private equity* 118 investors $3.7B
- Summit Partners Growth Equity Fund IX-A, L.P. *Private equity* 226 investors $2.6B
- Summit Partners Growth Equity Fund X-B, L.P. *Private equity* 100 investors $2.6B
- Summit Partners Growth Equity Fund IX-B, L.P. *Private equity* 81 investors $1.6B
- Summit Partners Europe Growth Equity Fund IV, SCSP *Private equity* 95 investors $1.5B
- Summit Partners Europe Growth Equity Fund II, SCSP *Private equity* 69 investors $1.5B
- Summit Partners Europe Growth Equity Fund III, SCSP *Private equity* 83 investors $1.4B
- Summit Partners Reinvestment Fund, L.P. *Private equity* 162 investors $1.4B

And 90 more on the filing.

Who backs their funds

## 3 LPs on record in Summit Partners's funds

- **Committed:** $3.9B
- **Funds:** 22
- **Vintages:** 2004 to 2025

The institutions that put money into its funds, which the firm then invests in companies. Source: the pension's own report, latest Jun 2026.

- [**California State Teachers Retirement System** 17 funds *$2.3B*](https://millionrounds.com/fund/california-state-teachers-retirement-system) Fund Vintage Committed Summit Partners GE XII 2025 $350M Summit Partners Europe Growth Equity Fund IV 2024 $147M Summit Prtnrs Growth Eqty XI A 2022 $450M Summit Partners Europe GE III 2021 $117M Summit Partners VC Fd V-A 2021 $90M Summit Ptrs Reinvestment Fund 2021 $61M Summit Partners Growth Equity Fund X-A 2020 $300M Summit Partners Europe Growth Equity Fund II 2018 $59M and 9 more
- [**Minnesota State Board of Investments** 7 funds *$945M*](https://millionrounds.com/fund/minnesota-state-board-of-investments) Fund Vintage Committed Summit Partners Growth Equity XII 2024 $250M Summit Partners Growth Equity Fund XI 2021 $250M Summit Partners Growth Equity Fund X-A 2019 $150M Summit Partners Growth Equity Fund IX 2015 $100M Summit Partners Growth Equity Fund VIII 2011 $100M Summit Subordinated Debt Fund IV 2008 $50M Summit Subordinated Debt Fund III 2004 $45M
- [**California Public Employees' Retirement System (CalPERS)** 2 funds *$650M*](https://millionrounds.com/fund/california-public-employees) Fund Vintage Committed Summit Partners Growth Equity Fund XI-A 2022 $400M Summit Partners Growth Equity Fund X-A 2020 $250M

## What they claim to have backed

From their own portfolio page (on their website)

**1** of 2 we have independently watched raise

[Odoo](https://millionrounds.com/company/odoo) Cancer Insight

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 **120 in all**

**[Namshi](https://millionrounds.com/company/namshi)** Bought by [Noon](https://millionrounds.com/fund/noon) **$335M** Aug 2022

**[RiskIQ](https://millionrounds.com/company/riskiq)** Bought by [Microsoft](https://millionrounds.com/fund/microsoft) **$500M** Jul 2021

**[Namshi](https://millionrounds.com/company/namshi)** Bought by [Emaar Malls PJSC](https://millionrounds.com/fund/emaar-malls-pjsc) **$151M** May 2017

**[The Mutual Fund Store](https://millionrounds.com/company/the-mutual-fund-store)** Bought by [Financial Engines](https://millionrounds.com/fund/financial-engines) **Undisclosed** Nov 2015

**[Help/Systems](https://millionrounds.com/company/help-systems)** Bought by [H.I.G. Capital](https://millionrounds.com/fund/h-i-g-capital) **Undisclosed** Aug 2015

**[360T](https://millionrounds.com/company/360t)** Bought by Deutsche Börse **$796M** Jul 2015

**[Multifonds](https://millionrounds.com/company/multifonds)** Bought by [Temenos](https://millionrounds.com/fund/temenos) **Undisclosed** Mar 2015

**[Solid State Equipment Holdings](https://millionrounds.com/company/solid-state-equipment-holdings)** Bought by [Veeco Instruments](https://millionrounds.com/fund/veeco-instruments) **Undisclosed** Dec 2014

**[Telerik](https://millionrounds.com/company/telerik)** Bought by Progress Software **$263M** Oct 2014

**[Fortegra Financial](https://millionrounds.com/company/fortegra-financial)** Bought by Tiptree Financial **$218M** Aug 2014

**[Answers Corporation](https://millionrounds.com/company/answers-corporation)** Bought by [Apax Partners](https://millionrounds.com/fund/apax-partners) **Undisclosed** Aug 2014

**[National Veterinary Associates](https://millionrounds.com/company/national-veterinary-associates)** Bought by [Ares Management](https://millionrounds.com/fund/ares-management) **Undisclosed** Jul 2014

**[Hiperos](https://millionrounds.com/company/hiperos)** Bought by Opus Global **Undisclosed** Jul 2014

**[Sparta Systems](https://millionrounds.com/company/sparta-systems)** Bought by [Thoma Bravo](https://millionrounds.com/fund/thoma-bravo) **Undisclosed** Jul 2014

**[Hittite Microwave](https://millionrounds.com/company/hittite-microwave)** Bought by Analog Devices **Undisclosed** Jun 2014

**[AMX](https://millionrounds.com/company/amx)** Bought by Harman International Industries **$365M** May 2014

**[MDVIP](https://millionrounds.com/company/mdvip)** Bought by [Summit Partners](https://millionrounds.com/fund/summit-partners) **Undisclosed** May 2014

**[Progressive Finance](https://millionrounds.com/company/progressive-finance)** Bought by Aaron's **$700M** Apr 2014

**[PeopleAdmin](https://millionrounds.com/company/peopleadmin)** Bought by Promachos Holding **Undisclosed** Mar 2014

**[Newmarket International](https://millionrounds.com/company/newmarket-international)** Bought by Amadeus **$500M** Dec 2013

The latest 20 here. 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

**Paradigm Outcomes** **Undisclosed** Jun 2015

**[DentalPro](https://millionrounds.com/company/dentalpro)** **Undisclosed** Apr 2015

**[MDVIP](https://millionrounds.com/company/mdvip)** **Undisclosed** May 2014

**[Physicians Formula](https://millionrounds.com/company/physicians-formula)** **Undisclosed** Nov 2003

New fund on file

**$101M**

raised in Sept 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$81M** the round, not its cheque Alone, median **$26M**

Led 11 of 356 rounds **3%**

- **Said size:** $10M – $100M
- **Sole investor:** 250 rounds
- **Last cheque:** Oct 2026
- **Exits:** 120 from the portfolio

Rounds by stage said on their site

- Venture *35*
- Growth said *34*
- Series C *21*
- Series B said *17*
- Series A said *16*
- Pre-seed said *-*
- Seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Kinnevik](https://millionrounds.com/fund/kinnevik) 6
- [Tengelmann Ventures](https://millionrounds.com/fund/tengelmann-ventures) 5
- [Battery Ventures](https://millionrounds.com/fund/battery-ventures) 4
- [HV Capital](https://millionrounds.com/fund/hv-capital) 4
- [Rocket Internet](https://millionrounds.com/fund/rocket-internet-6) 4
- [500 Global](https://millionrounds.com/fund/500-startups) 3

**Pitching Summit 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 Summit Partners. A count of rooms they were both in, not a relationship either has claimed.

[**Kinnevik** VC firm **6** rounds together](https://millionrounds.com/fund/kinnevik)[**Tengelmann Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/tengelmann-ventures)[**Battery Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/battery-ventures)[**HV Capital** VC firm **4** rounds together](https://millionrounds.com/fund/hv-capital)[**Rocket Internet** Investment firm **4** rounds together](https://millionrounds.com/fund/rocket-internet-6)[**500 Global** Angel **3** rounds together](https://millionrounds.com/fund/500-startups)[**Access Industries** Corporate VC **3** rounds together](https://millionrounds.com/fund/access-industries)[**Bain Capital Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/bain-capital-ventures)[**Intel Capital** Corporate VC **3** rounds together](https://millionrounds.com/fund/intel-capital)[**Salesforce Ventures** Corporate VC **3** rounds together](https://millionrounds.com/fund/salesforce-ventures)[**Sands Capital Ventures** Private equity **3** rounds together](https://millionrounds.com/fund/sands-capital-ventures)[**Wellington Management** VC firm **3** rounds together](https://millionrounds.com/fund/wellington-management)

## Recently backed

The latest companies Summit Partners put money into.

[**Cognitive Credit** $40M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Keyfactor** $1.0B · Jul 2026](https://millionrounds.com/company/keyfactor)[**Quantifind** $200M · Jun 2026](https://millionrounds.com/company/quantifind)[**Chronograph** $140M · Jun 2026](https://millionrounds.com/company/chronograph)[**Runpod** $100M · Jun 2026](https://millionrounds.com/company/runpod)[**Hyperlight** $80M · Apr 2026](https://millionrounds.com/company/hyperlight)

## Quick answers about Summit Partners

### What does Summit Partners invest in?

Summit Partners invests most often at Venture and Growth (56% of the rounds on record), in sectors such as Technology, Healthcare & Life Sciences and Growth Products & Services.

### How active is Summit Partners?

356 investments on record, 8 of them in the last 12 months, and it led 11. The most recent was in Oct 2026.

### What has Summit Partners invested in recently?

Its most recent investments on record: Cognitive Credit (Growth, Oct 2026), Keyfactor (Undisclosed round, Jul 2026) and Quantifind (Growth, Jun 2026).

### How big are Summit Partners's cheques?

The median round it joins is $81M. It says it writes cheques of $10M to $100M.

### Does Summit Partners lead rounds?

Sometimes: it led 11 of its 356 investments on record (3%).

### Where does Summit Partners invest?

Most of the companies it backs are in the United States (68%), Canada (8%) and the United Kingdom (8%).

### Is Summit Partners investing now?

Yes: it is actively investing, with 8 investments in the last 12 months.

### Who does Summit Partners invest alongside?

Most often Kinnevik (6 rounds together), Tengelmann Ventures (5 rounds together) and Battery Ventures (4 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=summit-partners) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=summit-partners)
