$150M sweet spot round size
Most of their 3 investments are in rounds between $100M and $150M
2002
Material BankĀ® raised $175M on May 5, 2022
Investors: RXR Realty, General Catalyst, Lead Edge Capital, Durable Capital Partners LP, SoftBank Investment Advisers and Echo Street Capital Management
Lydia raised $100M on December 8, 2021
Investors: Tencent, Dragoneer Investment Group and Echo Street Capital Management
Cloudbeds raised $150M on November 3, 2021
Investors: Walleye Capital, PeakSpan Capital, Viking Global Investors, Counterpart Ventures, SoftBank Investment Advisers and Echo Street Capital Management