FTV I

FTV Capital, established in 1998, is a growth equity investment firm headquartered in San Francisco with an additional office in New York. The company specializes in investing in high-growth enterprises offering innovative solutions in the sectors of enterprise technology & services, financial services, and payments & transaction processing. FTV has raised over $2.7 billion and has invested in 98 portfolio companies, providing capital and leveraging its domain expertise and global network of industry leaders to support motivated management teams in accelerating growth.

Robert Anderson

Partner

Giovanni Bacarella

Vice President

Giovanni Bacarella

Vice President

Brad Bernstein

Managing Partner

Ellen Chan

Senior Associate

Michael Cichowski

Partner

Bryan DeVries

Senior Associate

Richard Earnshaw

Partner

Kyle Eng

Associate

Brent Fierro

Principal

Alexa Flamino

Associate

Richard Garman

Founding Partner

Harrison Goodkind

Associate

Kyle Griswold

Partner

Adam Hallquist

Principal

Jerome Hershey

Principal

Nathan Hwang

Associate

Ionel Ionescu

Associate

Henry Kamp

Associate

Andreas Katsis

Associate

Kishan Khushal

Associate

Sam Kider

Vice President

Justin Levine

Vice President

Alexis Lin

Associate

Ethan Lin

Associate

Richard Liu

Partner

Alexander Malvone

Principal

Alex Mason

Partner, Enterprise Technology and Services

Chris McPherson

Vice President

Adam Motani

Senior Associate

Brandon Nestor

Senior Associate

Brian Papsin

Senior Associate

Rishay Patel

Associate

Ciprian Scriban

Senior Associate

Arun Singh

Principal, Enterprise Technology and Services

Arun Singh

Principal

Brandon Spierto

Vice President

Tommy Tighe

Principal, Enterprise Technology and Services

Nic Tuzinkiewicz

Associate

Payam Vadi

Vice President

Kapil Venkatachalam

Partner

Mike Vostrizansky

Partner, Financial Technology and Services

Peter Warren

Associate

Max Weber

Vice President

Gary Weber

Vice President

Bree Williams

Vice President

Austin Yang

Associate

Kimberly Zhang

Associate

Past deals in Risk Management

ReliaQuest

Private Equity Round in 2025
ReliaQuest is a cybersecurity company based in Tampa, Florida, founded in 2007. It specializes in providing a cloud-native security platform called GreyMatter, which offers a comprehensive solution for minimizing data loss and business disruptions. The platform enhances visibility across Security Information and Event Management (SIEM), Endpoint Detection and Response (EDR), and multi-cloud environments, facilitating faster detection and response to security threats. By automating processes throughout the security lifecycle, ReliaQuest enables organizations to manage their security investments effectively and make informed decisions regarding their cybersecurity posture. The company's offerings are designed to protect enterprise environments from security breaches while ensuring compliance and enhancing overall security confidence.

360 Privacy

Private Equity Round in 2025
360 Privacy specializes in safeguarding the digital identity, security, and reputation of high-profile executives, athletes, and high-net-worth families. The company utilizes proprietary technology and a skilled team to deliver a range of services, including threat assessment, digital hardening, threat response, fraud prevention, and cyberstalking prevention. By daily correlating, analyzing, and deleting data, 360 Privacy effectively protects clients' digital identities from sophisticated threat actors and criminals. The company focuses on ensuring the safety and security of its clients in an increasingly complex digital landscape.

Validus Risk Management

Private Equity Round in 2025
Validus Risk Management Limited is an independent financial risk management advisory firm based in Windsor, United Kingdom. Founded in 2009, it specializes in identifying, measuring, and managing market risks associated with foreign exchange, interest rates, and commodity prices. The firm offers a range of services, including risk management strategy design, risk reporting and monitoring, scenario analysis, and financial market analysis. Validus employs a combination of specialist consulting services and innovative risk technology to assist companies in addressing their financial challenges and optimizing fund finance facilities. Through its expertise and market insight, Validus aims to provide tailored solutions that effectively manage market risk exposures for its clients.

Neptune Flood

Private Equity Round in 2023
Neptune Flood Insurance Services, established in 2016 and headquartered in Saint Petersburg, Florida, specializes in providing private flood insurance solutions across the United States. The company employs advanced mapping technologies and aerial remote sensing to develop algorithms that accurately assess flood risk, enabling it to offer policies with potential savings of up to 25% compared to the National Flood Insurance Program. Neptune Flood's policies are backed by Lloyd's of London, rated "A" (Excellent) by A.M. Best, and are designed to provide superior coverage and ease of use for households in all designated flood zones.

ReliaQuest

Private Equity Round in 2021
ReliaQuest is a cybersecurity company based in Tampa, Florida, founded in 2007. It specializes in providing a cloud-native security platform called GreyMatter, which offers a comprehensive solution for minimizing data loss and business disruptions. The platform enhances visibility across Security Information and Event Management (SIEM), Endpoint Detection and Response (EDR), and multi-cloud environments, facilitating faster detection and response to security threats. By automating processes throughout the security lifecycle, ReliaQuest enables organizations to manage their security investments effectively and make informed decisions regarding their cybersecurity posture. The company's offerings are designed to protect enterprise environments from security breaches while ensuring compliance and enhancing overall security confidence.

A-LIGN Assurance

Private Equity Round in 2021
A-LIGN is a cybersecurity and compliance solutions provider based in Tampa, Florida, established in 2009. The company specializes in assisting businesses across various industries with their audit and security assessment requirements, aiming to mitigate cyber threats and reduce operational risks. A-LIGN offers a comprehensive range of services, including cybersecurity audits, compliance assessments, and cyber risk advisory, designed to help organizations ensure the protection of sensitive data and maintain the integrity of mission-critical operations. Founded by former executives and security specialists from leading firms, A-LIGN emphasizes a seamless and efficient security and compliance process, prioritizing clear communication and responsiveness throughout the engagement with clients.

Viking Cloud

Funding Round in 2020
Viking Cloud specializes in cybersecurity and compliance services, primarily serving the restaurant, food service, and retail industries. The company focuses on transforming how organizations manage cyber defense through customer-centric technology and services. By offering real-time insights into an organization’s cyber risk landscape, Viking Cloud enables clients to proactively address evolving threats and risks. Its platform facilitates assurance testing and assessments, allowing businesses of all sizes to identify vulnerabilities and maintain compliance. With a commitment to enhancing security postures, Viking Cloud partners with clients to ensure they can effectively navigate the complexities of cybersecurity and compliance requirements.

Centaur Fund Services

Private Equity Round in 2020
Centaur Fund Services Limited is an independent professional fund services firm established in 2009 and based in Dublin, Ireland, with additional offices in London, New York, and Maynooth. The company specializes in providing comprehensive fund administration, investor, and regulatory services to a diverse range of clients, including hedge funds, private equity, real estate funds, family offices, and insurance-linked securities. Centaur offers a wide array of services, including net asset value calculations, external valuations, payment processing, corporate action processing, and complex fee calculations. The firm also supports compliance through anti-money laundering and regulatory reporting services, as well as assistance with tax matters in various jurisdictions. With a senior management team that has extensive experience in the industry, Centaur is dedicated to delivering high-quality service and tailored solutions to investment managers, ensuring they can effectively navigate the complexities of the alternative investment fund sector.

Centaur Fund Services

Private Equity Round in 2020
Centaur Fund Services Limited is an independent professional fund services firm established in 2009 and based in Dublin, Ireland, with additional offices in London, New York, and Maynooth. The company specializes in providing comprehensive fund administration, investor, and regulatory services to a diverse range of clients, including hedge funds, private equity, real estate funds, family offices, and insurance-linked securities. Centaur offers a wide array of services, including net asset value calculations, external valuations, payment processing, corporate action processing, and complex fee calculations. The firm also supports compliance through anti-money laundering and regulatory reporting services, as well as assistance with tax matters in various jurisdictions. With a senior management team that has extensive experience in the industry, Centaur is dedicated to delivering high-quality service and tailored solutions to investment managers, ensuring they can effectively navigate the complexities of the alternative investment fund sector.

Security Compass Technologies

Private Equity Round in 2020
Security Compass Ltd, founded in 2005 and headquartered in Toronto, Canada, is an information security firm that specializes in web security software and professional services. The company is recognized for its expertise in helping organizations implement effective software risk management practices while maintaining agility in their operations. Security Compass provides a comprehensive application security blueprint tailored to various industries, facilitating the secure development of applications. Its flagship platform, SD Elements, translates security policies into actionable tasks for technical teams, ensuring that security is integrated into the software development lifecycle. By partnering with security-conscious companies, Security Compass aims to enhance their capabilities in developing secure software and managing associated risks.

Rapid Ratings International

Private Equity Round in 2018
Rapid Ratings International, Inc. specializes in evaluating the financial health of both public and private companies. Through its proprietary Financial Health Ratings (FHR), the company offers predictive insights into a firm's financial strength, operational efficiency, and likelihood of default over the next 12 to 18 months. This information assists clients in managing risks associated with their suppliers and vendors, as well as in areas like corporate credit risk and institutional investment. Rapid Ratings' services include supplier and vendor risk management, insurance underwriting, credit risk assessment, and support for capital markets. Founded in 2001 and based in New York, the company was previously known as Rapid Ratings Pty Ltd and now operates as a subsidiary of Howland Partners LLC, serving clients worldwide.

A-LIGN Assurance

Private Equity Round in 2018
A-LIGN is a cybersecurity and compliance solutions provider based in Tampa, Florida, established in 2009. The company specializes in assisting businesses across various industries with their audit and security assessment requirements, aiming to mitigate cyber threats and reduce operational risks. A-LIGN offers a comprehensive range of services, including cybersecurity audits, compliance assessments, and cyber risk advisory, designed to help organizations ensure the protection of sensitive data and maintain the integrity of mission-critical operations. Founded by former executives and security specialists from leading firms, A-LIGN emphasizes a seamless and efficient security and compliance process, prioritizing clear communication and responsiveness throughout the engagement with clients.

Enfusion

Private Equity Round in 2017
Enfusion is a software-as-a-service (SaaS) company that specializes in cloud-based portfolio management and risk systems, along with middle and back-office services tailored for the investment management industry. The company focuses on eliminating technology and information barriers, enabling investment managers to make informed decisions in real-time. Enfusion's solutions streamline investment and operational workflows by unifying critical systems and consolidating data into a single dataset, providing a reliable source of truth. With a commitment to exceptional client service, Enfusion positions itself as an extension of its clients' operational teams rather than merely a software vendor. The company primarily generates revenue from the Americas, followed by regions in Asia Pacific, Europe, and the Middle East.

Nitrogen

Series A in 2016
Nitrogen is a company that specializes in risk management solutions for the investment advisory industry. Founded in 2011 and headquartered in Auburn, California, with additional offices in Georgia, Nitrogen has developed a platform that allows investment advisors to quantitatively measure client risk tolerance. This platform helps advisors construct portfolios that align with individual investor expectations and risk profiles, enhancing the advisory process. Nitrogen's offerings facilitate risk alignment, compliance, and suitability, enabling advisors to attract new clients and effectively meet their investment needs. The company collaborates with various financial professionals, including registered investment advisors, independent broker-dealers, and asset managers, to improve investment strategies and outcomes for clients.

ReliaQuest

Private Equity Round in 2016
ReliaQuest is a cybersecurity company based in Tampa, Florida, founded in 2007. It specializes in providing a cloud-native security platform called GreyMatter, which offers a comprehensive solution for minimizing data loss and business disruptions. The platform enhances visibility across Security Information and Event Management (SIEM), Endpoint Detection and Response (EDR), and multi-cloud environments, facilitating faster detection and response to security threats. By automating processes throughout the security lifecycle, ReliaQuest enables organizations to manage their security investments effectively and make informed decisions regarding their cybersecurity posture. The company's offerings are designed to protect enterprise environments from security breaches while ensuring compliance and enhancing overall security confidence.

True Potential

Private Equity Round in 2016
True Potential is an integrated investment and wealth management firm based in the UK, dedicated to serving both financial advisers and retail clients. The company provides a technology platform that streamlines the investment process, allowing financial advisers to create custom investment plans through goal-based technology. True Potential's offerings include comprehensive wealth management, administration, compliance, and advisory services. By facilitating client onboarding, fee and commission reconciliation, and client servicing support, the platform enables clients and advisers to better manage their financial affairs and mitigate risks.

Swan Global Investments

Venture Round in 2015
Swan Global Investments is an investment management firm founded in 1997 and headquartered in Durango, Colorado, with additional offices in Puerto Rico and Tampa, Florida. The firm specializes in providing investment management services to individuals, institutions, and financial advisors. It employs a Defined Risk Strategy, which is an absolute-return, market-neutral investment approach designed to protect clients' investments during market downturns while also generating income in various market conditions. Swan Global Investments uses a combination of techniques, including options strategies, to hedge against market risks and maximize upside potential in bullish markets. Through its innovative approach, the firm aims to deliver consistent results and enhance the financial well-being of its clients.

Aveksa

Series C in 2009
Aveksa, Inc. is a provider of enterprise access governance solutions, specializing in identity and access management software. Founded in 2004 and based in Waltham, Massachusetts, the company offers a range of services aimed at helping organizations meet security and regulatory requirements. Its solutions include automated access certification, role management, entitlement administration, controls automation, and risk analytics. Notable products include Compliance Manager, which facilitates policy-based governance through automated monitoring of user entitlements and roles, and Role Manager, which focuses on roles discovery and lifecycle management. Aveksa's offerings are tailored to various sectors, including financial services, healthcare, manufacturing, and retail, and are complemented by implementation and support services that encompass application inventory, requirements definition, and user certification.

Velocity Shares

Private Equity Round in 2009
VelocityShares is a prominent company specializing in the development of innovative exchange-traded products aimed at professional investors. The firm focuses on creating products that offer access to advanced long-term investment strategies while also allowing traders to articulate short-term market perspectives. In addition to its exchange-traded products, VelocityShares provides portfolio and trading risk management software, catering specifically to institutional investors. The company is committed to delivering efficient and insightful solutions across a diverse array of asset classes.

Mu Sigma

Private Equity Round in 2008
Mu Sigma Inc. is a data analytics company that provides decision support system tools and software to Fortune 500 organizations. Founded in 2004 and headquartered in Northbrook, Illinois, the company specializes in various analytical services, including marketing analytics, risk analytics, and supply chain analytics. Its marketing analytics encompass services such as customer segmentation, marketing measurement, and churn analysis, while its risk analytics focus on predictive modeling for fraud detection and credit scoring. Additionally, Mu Sigma offers supply chain analytics, which includes inventory management and demand forecasting. The company serves a diverse range of industries, including airline, healthcare, retail, technology, and telecommunications, by enabling organizations to enhance their data-driven decision-making capabilities.

Presidio Reinsurance Group

Private Equity Round in 2007
At Presidio, their priority is client financial peace of mind. Helping clients successfully manage Accident & Health risk is what they do. They are a team of professionals, committed to carrying out their mission according to their values. They value honesty and integrity in all of their relationships. They believe they must provide the highest quality of expertise, products and services to contribute to the success of their clients. They demonstrate their values to their clients by living them with each other in promoting the personal and professional growth of all members of their team. Just as the Presidio of San Francisco has a history of safeguarding the interests of San Francisco, Presidio Reinsurance Group has a history of safeguarding the interests of their clients.

Mavent

Venture Round in 2006
Mavent Inc. is a provider of automated regulatory compliance solutions, specializing in the residential mortgage sector. Founded in 1999 and headquartered in Irvine, California, the company offers a suite of products designed to streamline compliance processes, including the Mavent Expert System, which enhances regulatory risk management. Mavent's automated compliance engines analyze mortgage loan data to ensure adherence to consumer protection laws and institutional compliance policies. The company also provides services such as due diligence, risk management, and license verification and monitoring, marketing its solutions under the CRAX Solution and RegRisk brand names. In 2009, Mavent became a subsidiary of Ellie Mae, Inc.

Daylight Forensic & Advisory

Acquisition in 2006
Daylight Forensic & Advisory is an international consulting and investigative firm that focuses on regulatory compliance and financial investigations. The company offers a range of services, including anti-money laundering consulting, regulatory compliance assistance, forensic technology services, and fraud risk management. By combining expertise in financial investigations with a deep understanding of regulatory frameworks, Daylight aims to support clients in navigating complex compliance challenges and mitigating financial risks.

PowerShares by Invesco

Private Equity Round in 2005
PowerShares by Invesco is an investment banking company offering risk management services.

Trustwave

Series A in 2004
Trustwave is a cybersecurity company that assists businesses in combating cybercrime, safeguarding data, and minimizing security risks. Founded in 1995 and headquartered in Chicago, Illinois, Trustwave offers cloud and managed security services alongside a comprehensive threat detection platform. This platform integrates the digital footprints of enterprises and government agencies with a robust security cloud, which includes a data lake, advanced analytics, and actionable threat intelligence. By providing a unified view of threats and vulnerabilities, Trustwave enables organizations to enhance their information security and compliance programs effectively. The company employs a team of security professionals, ethical hackers, and researchers dedicated to helping clients navigate the complexities of digital transformation securely.

Actimize

Series C in 2004
NICE Actimize is a leading provider of financial crime, risk, and compliance solutions for financial institutions and government regulators. The company specializes in using innovative technology to combat financial crime, safeguard consumer and investor assets, and ensure regulatory compliance. Its offerings include real-time fraud prevention, anti-money laundering detection, and trading surveillance solutions, addressing issues such as payment fraud, cybercrime, sanctions monitoring, market abuse, customer due diligence, and insider trading. NICE Actimize serves a diverse range of clients, including financial institutions, telecom service providers, retailers, airlines, and security agencies, helping them identify critical events and make informed business decisions.

Exl

Private Equity Round in 2002
EXL is a provider of transformation and outsourcing services to Global 1000 companies across various industries, including insurance, banking, financial services, utilities, transportation, and travel. The company offers tailored solutions that draw on its expertise in decision analytics, financial and risk management, operational and process excellence, re-engineering, and integrated transaction processing. By focusing on improving business performance and enhancing organizational efficiency, EXL aims to deliver immediate impact and long-term financial value for its clients. The company utilizes a diverse workforce of highly qualified professionals across offshore, near-shore, and onshore locations to address current business challenges and prepare clients for future demands.

Cortera

Venture Round in 1999
Cortera, Inc. is a provider of business-to-business analytics and cloud-based risk management solutions, specializing in payment and purchase behavior data for public and private companies. Founded in 1993 and headquartered in Boca Raton, Florida, with additional offices in Massachusetts and India, Cortera tracks $1.6 trillion in business-to-business purchases across 45 categories, offering insights on 20 million U.S. business locations. The company's products include Cortera Pulse, a subscription service for monitoring credit risk; Boost, which enhances customer insights; and Cortera Decisions, an automated scorecard platform. Additionally, Cortera offers eCredit for credit scoring and collections automation, Cortera Traits for real-time statistical modeling, and Connect, an XML web service for accessing proprietary data. These solutions help businesses of all sizes understand their customers and suppliers better, ultimately aiding in revenue growth and risk reduction.
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