Strattam Capital, a private equity firm focused on investing in founder-led B2B technology companies, has closed its third flagship fund, Strattam Capital Investment Fund III, with total commitments of $308 million.
Strattam invests in independent, founder-led technology companies with equity investments ranging from $20 million to $60 million. SCIF III builds on the firm’s previous fund with a 33 percent increase in capital commitments, bringing total AUM to more than $1 billion.
“This new fund allows Strattam to continue partnering with founders who have built exceptional businesses,” states Adrian Polak, co-founder and partner at Strattam Capital.
Harken Capital served as the placement agent for Strattam. Weil, Gotshal & Manges provided legal counsel.