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Office Locations:
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177 Huntington Avenue, 16th Floor
Boston, MA 02199
Phone: 617-830-2100
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Information Technology
Software & Internet
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Formerly part of Fidelity Ventures until 2010, Volition Capital is a growth equity firm that invests in high potential, founder-owned companies across different technology sectors. The team has 75 years of collective investing experience helping dozens of companies navigate to successful IPOs and acquisitions. Assets invested in the current portfolio of 26 companies are approximately $400 million. Investment focus is on technology companies in sectors such as: software, Internet, information services, and tech-enabled services. Target company characteristics include meaningful founder ownership of 20% or more; solid base revenue of minimum $5 million; growth rate of at least 25%; and capital efficient. Typical investments are between $5 and $20 million, with the proceeds going towards growth or acquisition capital and shareholder liquidity. Volition Capital closed its second fund in December of 2013 at $170 million. Volition expects to invest in 10 to 12 companies out of the second fund, with a typical investment size of $5 million to $20 million. The firm raised $250 million for its third growth equity fund, closed July 2016. As with its previous funds, Volition Capital Fund III will target high growth tech companies. Volition will make investments between $5 million and $50 million per company.
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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
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COMPANY STAGE | REVENUE |
Venture Capital | |
Seed Stage (includes "pre-seed," or concept stage) | No Revenue |
Early Stage | Minimal 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 |
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Name | |
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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.
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Andy Flaster | |
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Managing Partner & COO | |
Claude De Jocas | |
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VP | |
Larry Cheng | |
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Managing Partner | |
Mike Wilkens | |
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Sr. Vice President, Finance | |
Rob Ketterson | |
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Founding Partner | |
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Date
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Name
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State
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Amount
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Stage
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11/19/2024
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Levanta
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WA
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$20,000,000
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Series A
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09/24/2024
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Grove Collaborative
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CA
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$15,000,000
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PIPE
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07/12/2024
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Creatio
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MA
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$200,000,000
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05/01/2024
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Screenverse
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NY
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$10,500,000
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02/29/2024
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Relish
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OH
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$10,000,000
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Series A
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02/27/2024
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Halo
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TX
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$20,000,000
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Series A
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01/18/2024
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Digital Onboarding
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MA
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$58,000,000
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Growth
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12/05/2023
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Mozaic.io
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IL
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$20,000,000
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Series A
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