# Vista Equity Partners: portfolio, investments and team

> Vista Equity Partners is a private equity based in United States. 64 investments on record, 17 in the last 12 months, latest Oct 2026.

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

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

# Vista Equity Partners

Last cheque observed Oct 2026; 64 cheques on record.

Email

Deploying now New fund $1.5B, Sept 2026 Private equity

Growth Buyout Debt Software Enterprise Software AI

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

Deploying now

**100%** of best year **17** **cheques in 12 months**, 64 on record

Since the last cheque **4** days **00** hrs **00** min **00** sec

Median round **$40M** Rounds led **5 of 64** Sole investor **13 rounds** Exits **2 from the portfolio** Mostly in **United States, 51%**

Pitch Vista Equity Partners

## Vista Equity Partners highlights

- 01 17 cheques in the last 12 months
- 02 Mostly Venture and Growth: 69% of its rounds
- 03 Sole investor in 13 rounds, median $34M
- 04 2 exits from the portfolio

## What they do

> Investing across the software lifecycle with tailored equity and credit solutions. From their own website

- **Type:** Private equity
- **Cheque size:** Not stated
- **Stages:** Growth Buyout Debt
- **Sectors:** Software Enterprise Software AI
- **Based in:** Austin, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **64 appearances**

- **2026** 17 rounds
- **Oct** **[Hyperbolic](https://millionrounds.com/company/hyperbolic)** Series A · US · AI Funding Tracker **$30M** With 5 others
- **Sept** **[Pipedrive](https://millionrounds.com/company/pipedrive)** EE · Firms' own news pages **Undisclosed** *Led*
- **Sept** **[Arcee AI](https://millionrounds.com/company/arcee-ai)** Series B · US · Ventureburn **$150M** *Led*
- **Sept** **[Hope Care Health](https://millionrounds.com/company/hope-care-health)** Series A · PT **$7.0M** Sole investor
- **Aug** **[CAIS](https://millionrounds.com/company/cais)** Series D · US · Fintech Global **$170M** *Led*
- **Jul** **[Cover Genius](https://millionrounds.com/company/cover-genius)** Venture · AU · AlleyWatch **$111M** With 2 others
- **Jul** **[SambaNova Systems](https://millionrounds.com/company/sambanova-systems)** Growth · US · TechCrunch **$1.0B** With 15 others
- **Jul** **[Together AI](https://millionrounds.com/company/together-ai)** Series C · US · TechCrunch **$800M** With 9 others
- **Jul** **[Medyria](https://millionrounds.com/company/medyria)** Venture · CH **$4.3M** With 2 others
- **May** **[SOKAI](https://millionrounds.com/company/sokai)** Debt · JP **$75M** With 1 other
- **Apr** **[NeoCognition](https://millionrounds.com/company/neocognition)** Seed · US · TechCrunch **$40M** *Led*
- **Apr** **[Xoople](https://millionrounds.com/company/xoople)** Series B · ES · TechCrunch **$130M** With 7 others
- **Apr** **[Vena Solutions](https://millionrounds.com/company/vena-solutions)** Venture · CA **Undisclosed** With 3 others
- **Mar** **[Portside](https://millionrounds.com/company/portside)** Venture · US **Undisclosed** With 4 others
- **Mar** **[Eranovum](https://millionrounds.com/company/eranovum)** Debt · ES **$18M** Sole investor
- **Feb** **[SambaNova](https://millionrounds.com/company/sambanova)** Series E · US · TechStartups **$350M** *Led*
- **Jan** **[Playlist](https://millionrounds.com/company/playlist)** Growth · US **$785M** With 2 others
- **2025** 7 rounds
- **Sept** **[Highlight Therapeutics](https://millionrounds.com/company/highlight-therapeutics)** Venture · ES **$18M** With 1 other
- **Sept** **[AKUVO](https://millionrounds.com/company/akuvo)** Venture · US **Undisclosed** With 1 other
- **Jul** **[Xoople](https://millionrounds.com/company/xoople)** Venture · ES **$25M** Sole investor
- **Jun** **[PFx Biotech](https://millionrounds.com/company/pfx-biotech)** Grant · PT **$2.9M** With 3 others
- **May** **[RollKall Technologies](https://millionrounds.com/company/rollkall-technologies)** Venture · US **Undisclosed** Sole investor
- **Mar** **[Assent](https://millionrounds.com/company/assent)** Venture · CA **Undisclosed** With 3 others
- **Feb** **[Omniscope](https://millionrounds.com/company/omniscope)** Venture · US **Undisclosed** With 1 other
- **2024** 4 rounds
- **Nov** **[pleez](https://millionrounds.com/company/pleez)** Venture · PT **$3.0M** With 3 others
- **Jul** **[Aptean](https://millionrounds.com/company/aptean)** Venture · US **Undisclosed** With 1 other
- **Jun** **[IENAI SPACE](https://millionrounds.com/company/ienai-space)** Seed · ES **$4.2M** With 1 other
- **May** **[Flash](https://millionrounds.com/company/flash)** Grant · DE **$5.8M** With 2 others
- **2023** 9 rounds
- **Oct** **[Reliance Jio](https://millionrounds.com/company/reliance-jio)** Debt **$2.0B** With 3 others
- **Jun** **[GRAPHENEST](https://millionrounds.com/company/graphenest)** Seed · PT **$2.0M** With 3 others
- **Jun** **[Caresync.website](https://millionrounds.com/company/caresync-website)** Series A · DK **$11M** With 3 others
- **May** **[Resilinc](https://millionrounds.com/company/resilinc)** Venture · US **Undisclosed** With 4 others
- **May** **[Innovapptive](https://millionrounds.com/company/innovapptive)** Venture · US **Undisclosed** With 2 others
- **Apr** **[Mansa](https://millionrounds.com/company/mansa)** Seed · US **$8.0M** With 2 others
- **Apr** **[Tripleseat](https://millionrounds.com/company/tripleseat)** Venture · US **Undisclosed** With 2 others
- **Apr** **[Stämm](https://millionrounds.com/company/stamm)** Venture · US **Undisclosed** With 2 others
- **Mar** **[TROOP](https://millionrounds.com/company/troop)** Series B · ES **$11M** With 5 others
- **2022** 9 rounds
- **Dec** **[Nexue](https://millionrounds.com/company/nexue)** Seed · US **$3.5M** With 2 others
- **Jun** **[Outreach](https://millionrounds.com/company/outreach)** Venture · US **Undisclosed** With 6 others
- **Jun** **[Kushki](https://millionrounds.com/company/kushki)** Series B · EC **$100M** With 4 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 **21 named**

AG **Alan Gregory Schwartz** Senior Managing Director, Chief Legal Officer, Co-Head, Legal & Compliance i Form ADV

BW **Betty Weni Hung** Managing Director, Private Equity, Member of Executive Committee i Form ADV

BF **Brian F. Sheth** a Managing Member and Authorized Signatory of the General Partner. i Filing they signed

CS **Christina Silvia Lema** Managing Director, General Counsel of Vista Equity Partners Management, LLC i Form ADV

DA **David Andrew Breach** President and Chief Operating Officer, Member of Executive Committee i Form ADV

DJ **David Jude Flannery** Senior Managing Director and President of Vista Credit Partners, Member of Executive Committee i Form ADV

GR **Gregory Ridgway Myers** Senior Managing Director and Head of Capital & Partner Solutions, Member of Executive Committee i Form ADV

GT **Gregory Thomas Galligan** Co-Chief Investment Officer i Form ADV

GG **Gwen Gorham Reinke** Senior Managing Director, Chief Compliance Officer, Co-Head, Legal & Compliance i Form ADV

JP **James Patrick Hickey** Senior Managing Director and Perennial Fund Co-Head, Permanent Capital, Member of Executive Committee i Form ADV

JF **John F. Warnken-Brill** a Member, Chief Financial Officer and Authorized Signatory of the General Partner. i Filing they signed

JP **Justin P Hirsch** Managing Director, Head of Strategy, Member of Executive Committee i Form ADV

KJ **Kenneth Joseph Burke** Senior Vice President, Head of Legal & Compliance, Vista Credit Partners i Form ADV

LB **Lauren Bennett Dillard** Senior Managing Director, Chief Financial Officer, Member of Executive Committee i Form ADV

MS **Maneet Saroya** Senior Managing Director and Flagship Fund Co-Head, Private Equity, Member of Executive Committee i Form ADV

MA **Martin Andrew Taylor** Senior Managing Director, Co- Head of Foundation Fund, Member of Executive Committee i Form ADV

ME **Michael Eugene Fosnaugh** Senior Managing Director and Flagship Fund Co-Head, Private Equity, Member of Executive Committee i Form ADV

NS **Nadeem Syed** Senior Managing Director, Private Equity, Member of Executive Committee i Form ADV

PS **Patrick Severson** Senior Managing Director, Co-Head of Foundation Fund, Member of Executive Committee i Form ADV

RN **Rachel Nicole Arnold** Senior Managing Director, Co-Head of Endeavor Fund, Member of Executive Committee i Form ADV

RF **Robert Frederick Smith** the Managing Member of VEFIIGP, LLC and a Managing Member and Authorized Signatory of the General Partner. i Filing they signed

We also hold **96** 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

**$116B** assets it manages, 3 advisers combined Oct 2026

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

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

- **Legal name:** Vista Credit BDC Management, L.P.
- **SEC number:** CRD 329152

Funds on its Form ADV

**123** private funds, **$111B** in gross assets · filed May 2024

Private equity **101** Hedge **22**

- Vista Equity Partners Fund VII-A, L.P. *Private equity* 280 investors $12B
- Vista Equity Partners Fund VII, L.P. *Private equity* 215 investors $11B
- Vista Equity Partners Fund VIII-A, L.P. *Private equity* 254 investors $10B
- Vista Equity Partners Fund VI, L.P. *Private equity* 148 investors $10B
- Vista Equity Partners Fund VIII, L.P. *Private equity* 161 investors $8.3B
- Vista Equity Partners Fund V, L.P. *Private equity* 133 investors $7.9B
- Vista Credit Partners Fund III, L.P. *Hedge* 178 investors $6.5B
- Vista Equity Partners Fund VI-A, L.P. *Private equity* 123 investors $6.1B
- Vista Equity Partners Fund V-A, L.P. *Private equity* 37 investors $3.2B
- Vista Foundation Fund IV, L.P. *Private equity* 150 investors $3.1B

And 113 more on the filing.

Who backs their funds

## 4 LPs on record in Vista Equity Partners's funds

- **Committed:** $2.7B
- **Funds:** 12
- **Vintages:** 2007 to 2022

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

- [**Oregon Public Employees Retirement Fund** 8 funds *$1.9B*](https://millionrounds.com/fund/oregon-public-employees) Fund Vintage Committed Vista Equity Partners Fund VIII 2022 $250M Vista Equity Partners Fund VII 2018 $500M Vista Equity Partners Fund VI 2016 $500M Vista Foundation Fund III 2016 $200M Vista Equity Partners Fund V 2014 $200M Vista Foundation Fund II 2013 $75M Vista Equity Partners Fund IV 2011 $100M Vista Equity Partners Fund III 2007 $100M
- [**California Public Employees' Retirement System (CalPERS)** 1 fund *$400M*](https://millionrounds.com/fund/california-public-employees) Fund Vintage Committed Vista Equity Partners Fund VII-Z 2019 $400M
- [**Minnesota State Board of Investments** 1 fund *$200M*](https://millionrounds.com/fund/minnesota-state-board-of-investments) Fund Vintage Committed Vista Equity Partners Perennial 2020 $200M
- [**California State Teachers Retirement System** 2 funds *$130M*](https://millionrounds.com/fund/california-state-teachers-retirement-system) Fund Vintage Committed Vista Foundation Fund IV 2020 $100M Vista Equity Endeavor II 2019 $30M

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[MicroEdge](https://millionrounds.com/company/microedge)** Bought by Blackbaud **Undisclosed** Sept 2014

**[BigMachines](https://millionrounds.com/company/bigmachines)** Bought by [Oracle Corporation](https://millionrounds.com/fund/oracle) **$400M** Oct 2013

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

**[Shopatron](https://millionrounds.com/company/shopatron)** **Undisclosed** Nov 2015

**[MarketLive](https://millionrounds.com/company/marketlive)** **Undisclosed** Nov 2015

**Solera Holdings** **$3.7B** Sept 2015

**PowerSchool** **Undisclosed** Jul 2015

**[Mediaocean](https://millionrounds.com/company/mediaocean)** **Undisclosed** Jun 2015

**[Automated Insights](https://millionrounds.com/company/automated-insights)** **$80M** Feb 2015

**Advanced Computer Software** **Undisclosed** Nov 2014

**NAVEX Global** **Undisclosed** Oct 2014

**TransFirst** **Undisclosed** Oct 2014

**[TIBCO Software Inc.](https://millionrounds.com/company/tibco-software-inc)** **$4.3B** Sept 2014

**TIBCO Software** **$4.3B** Sept 2014

**AgData** **Undisclosed** Jul 2014

New fund on file

**$1.5B**

raised in Sept 2026

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

## The cheque

Growth Buyout Debt

Median round joined **$40M** the round, not its cheque Alone, median **$34M**

Led 5 of 64 rounds **8%**

- **Sole investor:** 13 rounds
- **Last cheque:** Oct 2026
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Venture *24*
- Growth said *9*
- Series B *6*
- Seed *6*
- Series A *3*
- Buyout said *-*
- Debt said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Cambium Capital](https://millionrounds.com/fund/cambium-capital) 5
- [General Atlantic](https://millionrounds.com/fund/general-atlantic) 3
- [General Catalyst](https://millionrounds.com/fund/general-catalyst) 3
- [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) 3
- [Techstars](https://millionrounds.com/fund/techstars) 3
- [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) 3

**Pitching Vista Equity Partners?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

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

[**Cambium Capital** VC firm **5** rounds together](https://millionrounds.com/fund/cambium-capital)[**General Atlantic** Private equity **3** rounds together](https://millionrounds.com/fund/general-atlantic)[**General Catalyst** VC firm **3** rounds together](https://millionrounds.com/fund/general-catalyst)[**Salesforce Ventures** Corporate VC **3** rounds together](https://millionrounds.com/fund/salesforce-ventures)[**Techstars** VC firm **3** rounds together](https://millionrounds.com/fund/techstars)[**Tiger Global Management** VC firm **3** rounds together](https://millionrounds.com/fund/tiger-global-management)[**Alumni Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**Battery Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/battery-ventures)[**Emergence Capital** VC firm **2** rounds together](https://millionrounds.com/fund/emergence-capital)[**Industry Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/industry-ventures)[**Insight Partners** VC firm **2** rounds together](https://millionrounds.com/fund/insight-venture-partners)[**Intel Capital** Corporate VC **2** rounds together](https://millionrounds.com/fund/intel-capital)

## Recently backed

The latest companies Vista Equity Partners put money into.

[**Hyperbolic** $30M · Oct 2026](https://millionrounds.com/company/hyperbolic)[**Pipedrive** Sept 2026](https://millionrounds.com/company/pipedrive)[**Arcee AI** $150M · Sept 2026](https://millionrounds.com/company/arcee-ai)[**Hope Care Health** $7.0M · Sept 2026](https://millionrounds.com/company/hope-care-health)[**CAIS** $170M · Aug 2026](https://millionrounds.com/company/cais)[**Cover Genius** $111M · Jul 2026](https://millionrounds.com/company/cover-genius)

## On podcasts

6 episodes naming Vista Equity Partners in the title, and 4 more that mention it.

- [Alt Goes Mainstream](https://millionrounds.com/podcasts/alt-goes-mainstream) 22 Jul 2026 · 25 min Vista Equity Partners' Monti Saroya - "harnessing" the power of AI in the enterprise: AGM Live at SuperReturn With [Monti Saroya](https://millionrounds.com/person/monti-saroya) Mentions [Vista Equity Partners](https://millionrounds.com/fund/vista-equity-partners) Apple PodcastsShow page
- [Alt Goes Mainstream](https://millionrounds.com/podcasts/alt-goes-mainstream) 13 Nov 2025 · 53 min Vista Equity Partners' Robert F. Smith - on who will benefit from AI Mentions [Vista Equity Partners](https://millionrounds.com/fund/vista-equity-partners)[Endeavor](https://millionrounds.com/fund/endeavor) Apple PodcastsShow page
- [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) 9 Jun 2025 · 59 min [REPLAY] Private Equity Masters 3: Robert F. Smith – Vista Equity Partners (Capital Allocators, EP.202) Mentions [Vista Equity Partners](https://millionrounds.com/fund/vista-equity-partners) Apple PodcastsShow page
- [Alt Goes Mainstream](https://millionrounds.com/podcasts/alt-goes-mainstream) 19 Dec 2024 · 38 min Investing with an Evergreen Lens Series with iCapital and Vista Equity Partners, KKR, Hamilton Lane: Ep. 3 - Hamilton Lane's Stephanie Davis With [Stephanie Davis](https://millionrounds.com/person/stephanie-davis) Mentions [Hamilton Lane](https://millionrounds.com/fund/hamilton-lane)[Vista Equity Partners](https://millionrounds.com/fund/vista-equity-partners)[Merrill Lynch](https://millionrounds.com/fund/merrill-lynch) Apple PodcastsShow page
- [Alt Goes Mainstream](https://millionrounds.com/podcasts/alt-goes-mainstream) 18 Dec 2024 · 41 min Investing with an Evergreen Lens Series with iCapital and Vista Equity Partners, KKR, Hamilton Lane: Ep. 2 - KKR's Doug Krupa Mentions [Hamilton Lane](https://millionrounds.com/fund/hamilton-lane)[Vista Equity Partners](https://millionrounds.com/fund/vista-equity-partners)[Stephanie Davis](https://millionrounds.com/person/stephanie-davis) Apple PodcastsShow page
- [Alt Goes Mainstream](https://millionrounds.com/podcasts/alt-goes-mainstream) 17 Dec 2024 · 44 min Investing with an Evergreen Lens Series with iCapital and Vista Equity Partners, KKR, Hamilton Lane: Ep. 1 - Vista Equity Partners' Dan Parant Mentions [Hamilton Lane](https://millionrounds.com/fund/hamilton-lane)[Vista Equity Partners](https://millionrounds.com/fund/vista-equity-partners)[Stephanie Davis](https://millionrounds.com/person/stephanie-davis) Apple PodcastsShow page

### Mentioned in

- [How I Invest](https://millionrounds.com/podcasts/how-i-invest) 23 Oct 2026 · 59 min E446: Vista Equity President: The Death of SaaS? AI Agents and the $3 Trillion Opportunity Apple PodcastsShow page
- [Sourcery](https://millionrounds.com/podcasts/sourcery) 10 Sept 2026 · 60 min Saronic's 4 Co-Founders on Building a $9.25B Shipbuilder | Part III Apple PodcastsShow page
- [TBPN](https://millionrounds.com/podcasts/tbpn) 16 Jul 2026 · 1h 60m TML Inkling, California Forever?, TSMC Capex | David Baszucki, Everett Randle, Eric Glyman, Jordan Black Apple PodcastsShow page
- [Village Global Podcast](https://millionrounds.com/podcasts/village-global) 9 Apr 2026 · 42 min Recall Sessions: Building a $1.1B Category That Didn't Exist | Nick Mehta (Gainsight) Apple PodcastsShow page

## Quick answers about Vista Equity Partners

### What does Vista Equity Partners invest in?

Vista Equity Partners invests most often at Venture and Growth (69% of the rounds on record), in sectors such as Software, Enterprise Software and AI.

### How active is Vista Equity Partners?

64 investments on record, 17 of them in the last 12 months, and it led 5. The most recent was in Oct 2026.

### What has Vista Equity Partners invested in recently?

Its most recent investments on record: Hyperbolic (Series A, Oct 2026), Pipedrive (Sept 2026) and Arcee AI (Series B, Sept 2026).

### How big are Vista Equity Partners's cheques?

The median round it joins is $40M.

### Does Vista Equity Partners lead rounds?

Sometimes: it led 5 of its 64 investments on record (8%).

### Where does Vista Equity Partners invest?

Most of the companies it backs are in the United States (51%), Spain (15%) and Portugal (10%).

### Is Vista Equity Partners investing now?

Yes: it is actively investing, with 17 investments in the last 12 months.

### Who does Vista Equity Partners invest alongside?

Most often Cambium Capital (5 rounds together), General Atlantic (3 rounds together) and General Catalyst (3 rounds together).

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