FTV Capital has successfully completed its latest growth equity fundraise, securing $4.05 billion in capital commitments across two complementary funds:

1. FTV VIII: The firm's eighth flagship fund closed oversubscribed at $3.4 billion, surpassing its target and exceeding its predecessor fund FTV VII, which closed at $2.35 billion in March 2022.

2. FTV Ascend I: A new vehicle dedicated to smaller investments, which closed oversubscribed at $651 million.

- The new capital allows FTV to support innovative, high-growth companies with equity checks ranging from $20 million to $300 million.

- FTV VIII will target investments ranging from $60 million to $300 million.

- FTV Ascend I will focus on investments between $20 million and $60 million.

- Both funds will make control and minority equity investments in companies across the enterprise and financial technology landscape.

FTV Capital's track record:

- With this fundraise, FTV has raised over $10.2 billion since its founding in 1998.

- The firm has invested over $6.7 billion in 149 portfolio companies.

- FTV has realized over $7.4 billion from its investments.

- In 2024, FTV deployed a record $1.6 billion and generated over $1.0 billion in realizations.

- New investments include Arden, BillingPlatform, Kore.ai, Orbus Software, ParkHub, VALD, and Zema Global.

- Significant realizations include Agiloft, Docupace, Egress, and Tango Card.

FTV announced several promotions, including:

- Karen Derr Gilbert: Expanded role as partner and chief operating officer

- Mike Cichowski and Alex Malvone: Named co-heads of FTV Ascend

- Brent Fierro and Paul Cabral: Promoted to partners

---

Join the Future of Venture Capital Investing with Newnex

Newnex is the platform focused on institutional investors where verified startups, VCs, and LPs converge for private fundraising and investment through trusted references. Centralize your fundraising and investment activities and access the global VC network with just a few clicks. Join for free at www.newnex.io

We are digitalizing institutional investing to make VC as accessible as public markets while retaining the uniqueness of private markets. The mission is to unify 5,000+ VC/LP firms with 100,000 startups on a trusted platform for reference-only private deal-making.

Disclaimer: The information presented in this article is based on available sources and may not be entirely accurate or up-to-date. We do not guarantee the accuracy of the content, and readers should conduct their own research and consult with financial professionals before making any decisions.