VC  Powershift Group

http://www.powershift.com/





     Office Locations:

1705 Guadalupe Street, 4th Floor
Austin, TX 78701
Phone: 512-291-6824

 

Stages:

  • Early
  • Seed


 

Industries:

  • Communications & Networking
  • Information Technology

  •  

    Description:

    Powershift Group is a private investment and venture development firm headquartered in Austin, Texas. Powershift's focus is on the founding and formative stages of entrepreneurial companies in the information technology and integrated device markets. Powershift is led by Steve Papermaster, who previously was the founder, chairman and CEO of BSG Corporation, a global software and systems integration company. BSG was acquired by Per Se Technologies in 1996. Papermaster is currently the co-CEO of Appconomy Corporation in Austin, TX.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Brian Magierski President
    Joe Canterbury Principal
    Lisa Pearson Principal
    Michael Beamer Principal
    Steve Guengerich Principal

     

    Portfolio companies include:

     

    Recent News: