United States · Investor

Triangle Peak Partners

Last cheque observed Nov 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

QuietNew fund $150M, Apr 2019Asset manager

GrowthTechnologyClean TechEnergy

Cheques on record
0%of best year0cheques in 12 months, 58 on record
Since the last cheque2539days00hrs00min00sec
Median round$33MRounds led1 of 58Sole investor5 roundsExits8 from the portfolioMostly inUnited States, 97%
Pitch Triangle Peak Partners

Triangle Peak Partners highlights

  1. 01

    58 rounds on record

  2. 02

    Mostly Series C and Series B: 57% of its rounds

  3. 03

    Sole investor in 5 rounds, median $300M

  4. 04

    8 exits from the portfolio

What they do

Triangle Peak Partners is a multi-strategy asset management firm with a focus on growth stage investments in technology, clean tech and energy.From their own website
Type
Asset manager
Cheque size
Not stated
Stages
Growth
Sectors
TechnologyClean TechEnergy
Based in
Carmel-by-the-Sea, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first58 appearances

  1. 2019

    3 rounds

  2. Nov
    AerospikeSeries D · US · FinSMEs$32MLed
  3. Nov
    SquareFootSeries B · US · FinSMEs$16MWith 4 others
  4. Jul
    HeapSeries C · US · FinSMEs$55MWith 9 others
  5. 2018

    2 rounds

  6. May
    MesosphereSeries D · US · FinSMEs$125MWith 9 others
  7. Apr
    SquareFootSeries A · US · FinSMEs$7.0MWith 10 others
  8. 2016

    1 round

  9. Jun
    AlphaSense$33MWith 3 others
  10. 2015

    4 rounds

  11. Nov
    OpenHouseSeries A$14MWith 1 other
  12. Oct
    SunnovaDebt · US$300MSole investor
  13. Oct
    Stitch LabsSeries B · US$15MWith 2 others
  14. Apr
    TheSquareFootSeed · US$2.0MWith 2 others
  15. 2014

    9 rounds

  16. Nov
    SunnovaVenture · US$250MWith 1 other
  17. Nov
    GetaroundSeries B · US$24MWith 3 others
  18. Oct
    SnapLogicSeries D · US$20MWith 4 others
  19. Sept
    Ping Identity CorporationSeries G · US$35MWith 8 others
  20. Aug
    Agent AceSeries A · USUndisclosedWith 1 other
  21. Jun
    Puppet LabsSeries E · US$40MWith 4 others
  22. Apr
    BoundarySeries C · US$22MWith 3 others
  23. Apr
    SCIenergyVenture · US$12MWith 4 others
  24. Mar
    TakeLessonsSeries C · US$7.0MWith 4 others
  25. 2013

    12 rounds

  26. Dec
    KurtosysSeries C · GB$8.0MWith 1 other
  27. Dec
    SojernSeries C · US$10MWith 4 others
  28. Oct
    Prism SkylabsSeries B · US · finsmes.com$15MWith 9 others
  29. Oct
    Agent AceSeed · USUndisclosedSole investor
  30. Oct
    Achates PowerSeries C · US · finsmes.com$35MWith 4 others
  31. Sept
    Guardian AnalyticsSeries E · US · sec.gov$12MWith 3 others
  32. Jul
    Ping Identity CorporationSeries F · US · finsmes.com$44MWith 8 others
  33. May
    MachinimaUSUndisclosedWith 1 other
  34. Apr
    VidyoGrowth · US · freshnews.com$17MWith 5 others
  35. Apr
    VidyoSeries D · US$17MWith 7 others
  36. Jan
    TakeLessonsSeries C · US · techcrunch.com$4.0MWith 4 others
  37. Jan
    TakeLessonsSeries B · US$4.0MWith 5 others
  38. 2012

    5 rounds

  39. Oct
    Prism SkylabsSeries A · US · techcrunch.com$7.5MWith 12 others
  40. Sept
    SnapLogicSeries C · US · marketwire.com$20MWith 2 others
  41. Feb
    Marin SoftwareSeries F · US · venturebeat.com$30MWith 6 others
  42. Jan
    FramehawkSeries B · US · sec.gov$5.5MWith 2 others
  43. Jan
    Quotient TechnologyUSUndisclosedSole investor
  44. 2011

    10 rounds

  45. Dec
    FramehawkSeries B · US · finsmes.com$11MWith 3 others
  46. Sept
    YieldexSeries C · US · paidcontent.org$10MWith 4 others
  47. Aug
    SCIenergySeries C · US · finsmes.com$9.6MWith 1 other
  48. Jun
    Ping Identity CorporationSeries D · US · techcrunch.com$21MWith 7 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 registration5 named

DFDain Flagg DegroffManaging Member of Triangle Peak Partners Global Allocation GP, LLC, the General PartneriFiling they signed
DLDavid Laurence PesikoffManaging Member of Triangle Peak Partners Global Allocation GP, LLC, the General PartneriFiling they signed
MCMichael Creighton MorganManaging Member of Triangle Peak Partners Global Allocation GP, LLC, the General PartneriFiling they signed
SMScott Michael BilyeuChief Financial Officer; Chief Compliance OfficeriForm ADV
TCTyler C PetersonMANAGER OF TPP III GP, LLC, GENERAL PARTNERiFiling they signed

We also hold 16 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

$272Massets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
Legal name
Triangle PEAK Partners, LP
SEC number
CRD 147917

Funds on its Form ADV

3 private funds, $271M in gross assets · filed Jul 2024

  1. Triangle Peak Partners III, L.P.Hedge20 investors$134M
  2. Triangle Peak Partners II, L.P.Hedge31 investors$106M
  3. Triangle Peak Partners Private Equity, L.P.Hedge23 investors$31M

Exits from the portfolio

Companies it backed that were later bought or listed8 in all

TakeLessonsBought by MicrosoftUndisclosedSept 2021
Fusion-ioBought by SanDisk$1.1BJun 2014
FramehawkBought by Citrix SystemsUndisclosedJan 2014
OptifyBought by MarketoUndisclosedAug 2013
Tremor VideoListed$75MJun 2013
Marin SoftwareListed$105MMar 2013
LibreDigitalBought by RR Donnelley (Nasdaq:RRD)UndisclosedAug 2011
FliqzBought by VBrick Systems, Inc.UndisclosedFeb 2011

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 Triangle Peak Partners. A count of rooms they were both in, not a relationship either has claimed.

Andreessen HorowitzVC firm6rounds togetherMenlo VenturesVC firm6rounds togetherCrosslink CapitalVC firm5rounds togetherDFJVC firm5rounds togetherSapphire VenturesVC firm5rounds togetherSAP VenturesVC firm4rounds togetherAlsop Louie PartnersVC firm3rounds togetherAmicus CapitalVC firm3rounds togetherAppian VenturesVC firm3rounds togetherBenchmarkVC firm3rounds togetherCorrelation VenturesVC firm3rounds togetherDAG VenturesVC firm3rounds together

Recently backed

The latest companies Triangle Peak Partners put money into.

Aerospike$32M · Nov 2019SquareFoot$16M · Nov 2019Heap$55M · Jul 2019AlphaSense$33M · Jun 2016

Quick answers about Triangle Peak Partners

What does Triangle Peak Partners invest in?

Triangle Peak Partners invests most often at Series C and Series B (57% of the rounds on record), in sectors such as Technology, Clean Tech and Energy.

How active is Triangle Peak Partners?

58 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Nov 2019.

What has Triangle Peak Partners invested in recently?

Its most recent investments on record: Aerospike (Series D, Nov 2019), SquareFoot (Series B, Nov 2019) and Heap (Series C, Jul 2019).

How big are Triangle Peak Partners's cheques?

The median round it joins is $33M.

Does Triangle Peak Partners lead rounds?

Sometimes: it led 1 of its 58 investments on record (2%).

Where does Triangle Peak Partners invest?

Most of the companies it backs are in the United States (97%).

Is Triangle Peak Partners investing now?

No investments in the last 12 months; the latest was in Nov 2019.

Who does Triangle Peak Partners invest alongside?

Most often Andreessen Horowitz (6 rounds together), Menlo Ventures (6 rounds together) and Crosslink Capital (5 rounds together).

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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