🎉 We’re excited to announce the closing of RAC Opportunity Fund II, raising $235 million in capital commitments. The new fund more than quadruples RAC’s growth equity investment capacity. As with all our growth lending and growth equity investments, RAC will continue to combine invested capital with significant operating resources through our Growth Advisory Program, aiming to help B2B software companies systematize growth and realize their potential. We couldn’t be prouder of our portfolio of 65+ companies and look forward to supporting the next wave of entrepreneurs working to scale their businesses. Check out the full announcement to learn more about RAC and our new fund: https://lnkd.in/ed2MD-9x #GrowthEquity #GrowthLoans #GrowthCapitalPlatform
Riverside Acceleration Capital
Venture Capital and Private Equity Principals
New York, New York 3,776 followers
Growth Capital @ The Riverside Company // Designed for Growth.
About us
Business building has certainly changed with the advent of modern cloud paradigms. These platforms have shifted the way products are built and companies are scaled, simultaneously offering reduced technology risk with improved capital efficiency. As a result, today’s software companies are scaling faster than ever before, against an ever broadening set of market opportunities. Yet, despite these innovations in business building, funding innovation has not kept pace. We believe there remains a time for traditional venture models, but that often an alternative is needed. Riverside Acceleration Capital gives companies the capital needed to grow their business, launch new products and maximize value without diluting ownership, control, or optionality. We do so by delivering the right amount of capital at the right stages of growth and development. Our unique model and backing help us to support our companies across their entire lifecycle. Please see Riverside’s Social Media Terms of Use at: https://www.riversidecompany.com/social-media-terms-of-use/
- Website
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http://www.riverside.ac
External link for Riverside Acceleration Capital
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 11-50 employees
- Headquarters
- New York, New York
- Type
- Privately Held
- Specialties
- Growth Capital, B2B SaaS, SaaS Growth, SaaS Investments, B2B Software Investing, Private Equity, Enterprise Software, and SaaS Operating Expertise
Locations
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Primary
Get directions
45 Rockefeller Center, 630 Fifth Avenue
Suite 400
New York, New York 10111, US
Employees at Riverside Acceleration Capital
Updates
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Huge news out of RAC portfolio company Squirro, which has announced its acquisition of Synaptica. This acquisition integrates Synaptica’s semantic graph technology with Squirro’s generative artificial intelligence capabilities, enabling their customers to get more out of their data. Congrats to all involved, and we look forward to see what the future holds for the combined team. #Acquisition #AI #KnowledgeGraphs
We have been hiding something BIG, and today, we want to share it with you! AI data integrity and precision are of utmost importance to us, and for this reason, we are extremely excited to announce the acquisition of Synaptica, a renowned US-based SaaS provider of enterprise taxonomy management and knowledge graph systems. Discover the whole story here: https://lnkd.in/eJXjEkzB #squirro #acquisition #technews #krag #synaptica
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Sounds like a great match! Welcome to RAC portfolio company, Ideon, Sandra! 🎉
Join us in welcoming Sandra Brumm to Ideon as our new SVP of Finance! Sandra brings extensive experience from her financial leadership roles at Vox Media, Rosetta Stone, Cigna, and AOL. Welcome aboard, Sandra!
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Props to RAC portfolio company Squirro on making FinTech Global’s list of the most innovative artificial intelligence (#AI) technology companies in financial services! Well deserved, and a true testament to the company’s leadership in enterprise data management and automation. #AIFinTech100
We're on the list! 🎉 We're thrilled to be recognized in the 4th annual AIFinTech100 awards list for 2024 by FinTech Global! Being selected from over 2,000 companies is a testament to our commitment to pioneering precision-engineered AI solutions that address critical challenges in the financial services sector. A big thank you to our customers for their trust and forward-thinking approach. Find more details about this recognition here: https://lnkd.in/e_e8iHfX #AIFinTech100 #FinTechInnovation #AIinFinance
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We are excited to welcome CreditLogic to the RAC portfolio! We've been impressed with the team since our first interactions and look forward to supporting their continued expansion across Europe. This deal also marks an exciting milestone for RAC as our first investment into an Irish software company.
Today, we are thrilled to share a significant milestone for CreditLogic – the injection of €3.5 million in growth capital. This features institutional investment from Riverside Acceleration Capital, part of the global private investment firm The Riverside Company, alongside sustained investment from individuals with strong international investment track records. In unrelated news, CreditLogic shares the front page of The Irish Times with Taylor Swift today – unquestionably a first for a fintech! Gavin BennettNiall EnnisBarry CollinsAodhan FlynnElena AlvarezMartin Scott Jonathan D. DrillingsEddie Dillon
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Big news out of RAC portfolio company CustomerGauge! With the launch of Monetize 5, CustomerGauge users can now benefit from enhanced data import functionality, streamlined file management, and more detailed insights around Revenue, Customer Experience, and Net Promoter Score. #AccountExperience #DataVisibility
🚨 NEW product release! Tracking and analyzing revenue in customer experience just changed forever 🔥 Introducing our newest platform upgrade, Monetize 5, a complete end-to-end solution designed to maximize CX program's revenue potential. Going beyond account health, Monetize 5 streamlines revenue tracking, enhances account management, and drives actionable insights for sustained growth 📈 Monetize 5 is backed by NINE new reporting widgets built to deliver on... ✅ High Volume Revenue Upload. Upload 25x more revenue data than before through in-app and API methods. ✅ Enhanced Reporting Suite. Experience new reporting widgets that integrate seamlessly with your uploaded revenue data. ✅ Simplified Data Handling. Enjoy easier date and revenue type settings, and benefit from comprehensive import statistics. ✅ Comprehensive Account Insights. Track revenue coverage, health, and loyalty movements, and simulate growth trends. ✅ Proactive Program Impact Reporting. Monitor the long-term impact of your CX program with detailed NPS and revenue trends. In other words, it's a game changer. Get the full rundown of Monetize 5 in the comments below ⤵ 💥
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Congrats, Jamie, on joining RAC portfolio company @Freightwise, LLC. as their new Chief Financial Officer! We’re excited to see what’s in store for this new chapter!
We are excited to announce that Jamie Baskin is joining us as our new Chief Financial Officer! 🎉
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Congratulations to RAC portfolio company Apica on the launch of Apica Ascent 2.0! The release introduces several new capabilities, including simplified data storage and greater visibility into machine data workflows. #DataManagement #ActiveObservability #ApicaAscent
Get unmatched Data Management capabilities with the Apica Ascent Platform 2.0 🚀 We're excited to announce the latest enhancements to the Apica Ascent platform, designed to help you master the velocity, volume, variety, and sprawl of data. Apica Ascent 2.0 Capabilities: 🤝 Consumer-Grade UX: Enjoy a seamless digital user experience with a single pane of glass for all your machine data workflows, including Digital UX Monitoring, Telemetry Pipeline management, and Full Stack Observability. 🔶 Simplified Data Storage: Leverage our patented InstaStore technology for scalable data storage in any cloud environment. 🖇 Deep Integration: Benefit from deep integration with open-source software and emerging technologies like OpenTelemetry. 💬 Open Data Standards: Built on open data standards, supporting a broad ecosystem of data collectors and integrations right out of the box. 🤖 AI/ML and Generative AI: Harness the power of AI/ML and Generative AI for rapid troubleshooting and enhanced data insights. The Ascent Platform 2.0 is the result of Apica’s strategic approach to viewing data management as a core issue that impacts how companies handle machine and operational data. Learn more about how Apica Ascent 2.0 can revolutionize your data management strategy. 🌟 Read the press release here: https://lnkd.in/g7JUCKeh #DataManagement #Observability #MachineData #AI #OpenTelemetry #CloudStorage #ApicaAscent2.0 #devops
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Props to RAC portfolio company Oaky on having their LowKey podcast recognized by Feedspot as one of the Top 10 Hotel Management Podcasts! Well done, and we look forward to tuning in! 🎧 #HotelTechnology #HotelManagement
🎉 Exciting news! Our Hospitality Podcast: LowKey by Oaky has been selected as one of the Top 10 Hotel Management Podcasts on the web by Feedspot. We are beyond thrilled and grateful for this recognition. Thank you to all the industry experts, customers and hosts who joined us on the podcast, and to those who has continually supported us! 🧡 Check out the full list of top hospitality podcasts here: https://hubs.li/Q02B34v20 #hoteltech #hotelmanagement #hospitality #podcast #upsell
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