When was Montage Capital founded?

Montage Capital was founded in 2005.

Where is Montage Capital's headquarters located?

Montage Capital's headquarters is located in Campbell (United States).

How many companies has Montage Capital invested in?

Montage Capital has invested in 62 companies, including Vena Marketing & EV Connect.

Which companies has Montage Capital invested in lately?

ShipCalm & ViralGains are the latest investments by Montage Capital.

What sectors does Montage Capital focus on for investments?

Top sectors in Montage Capital's portfolio are Enterprise Applications (33 investments) and Enterprise Infrastructure (10 investments).

How many exits has Montage Capital been involved in?

Montage Capital's portfolio has seen 2 IPOs and 33 acquisitions.

Montage Capital - 2026 Investor Profile, Portfolio & Investment Trends

Montage Capital, established in 2005, is a private debt fund primarily based in Campbell, United States. It specializes in financing Seed round of companies based in United States. Its portfolio includes 62 firms, spanning the Enterprise Applications, Enterprise Infrastructure sectors.

As of Jul 2026, Montage Capital has witnessed 35 portfolio exits so far. Its most notable investments include companies like Vena Marketing, EV Connect and Jitterbit.

Its latest investment was a $2M Seed round in ShipCalm on Aug 16, 2023.

Key Metrics

Founded Year

2005

Location

Campbell, United States

Portfolio Companies

Vena Marketing, EV Connect & 60 more

Sectors of Investment

Enterprise Applications, Enterprise Infrastructure & 22 more

Stages of Investment

Seed, Series A & 4 more

Locations of Investment

United States, Canada & 3 more

View Montage Capital's full profile

Montage Capital has a portfolio of 62 companies. Their most notable investments are in Workarea and GEO Semiconductor.Their portfolio spans across United States, Canada, France and 2 more locations. They have invested in Enterprise Applications, Enterprise Infrastructure, Retail and 21 other sectors, across stages such as Seed, Series A and 4 more. Here is the list of top investments by Montage Capital:

1. Vena Marketing

Provider of financial planning and analysis platform for business performance. The platform offers modeling, workflows, collaboration, and a central database. It provides integrations, security, and professional services. The platform delivers financial planning and analysis, budgeting and forecasting, and capital expenditure planning. It also supports cash flow planning, workforce planning, and financial close management.

Key facts about Vena Marketing

Founded Year: 2011
Location: Toronto (Canada)
Stage: Series C
Total Funding till date: $385M
Employee Count: 696 as on May 31, 2026
Investors: JMI Management, Mogo and 7 Others
Latest Funding Round: Conventional Debt, Apr 17, 2025, $*****
Highlight: Editors' Pick

2. EV Connect

Platform for electric vehicle charging management. It helps users access and operate charging stations through structured digital tools. The platform supports monitoring activity, handling sessions, and managing related services in one space. It offers an online environment where charging needs can be organized with clarity.

Key facts about EV Connect

Founded Year: 2009
Location: El Segundo (United States)
Last Known Valuation: $*****
Stage: Acquired
Total Funding till date: $49.9M
Employee Count: 83 as on May 31, 2026
Investors: Mitsui, Ecosystem Integrity Fund and 21 Others
Latest Funding Round: Conventional Debt, Dec 07, 2021, $*****
Highlight: Acquired

3. Jitterbit

Platform offering API management software. It offers API lifecycle management solutions. It enables users to develop, run, manage and analyze the APIs. It allows users to monitor and provides alerts on the API processes. The platform also makes use of sharable integration templates called Jitterpaks that allow the community to reuse common integrations with the most popular web services, application APIs, and databases.

Key facts about Jitterbit

Founded Year: 2004
Location: Alameda (United States)
Stage: Series C
Total Funding till date: $45M
Employee Count: 434 as on May 31, 2026
Investors: Autodesk, Montage Capital and 8 Others
Latest Funding Round: Series C, Nov 17, 2020, $*****
Highlight: Editors' Pick

4. Rootstock

Cloud based ERP solution for manufacturers and distributors. It provides solutions such as manufacturing and supply chain management. It enables real-time manufacturing and supply chain management from the back end. The company's apps integrate with native sales and accounting apps by Salesforce and FinancialForce. Its clientele includes Solar City, Nexius, Meridian Cable, Aris, Pacer Group, and more.

Key facts about Rootstock

Founded Year: 2008
Location: San Ramon (United States)
Stage: Acquired
Total Funding till date: $21.5M
Employee Count: 128 as on May 31, 2026
Investors: Montage Capital, Cross Atlantic Capital Partners and 1 Other
Latest Funding Round: Series C, Mar 04, 2021, $*****
Highlight: Acquired

5. Infrascale

Cloud-based data protection solutions for backup, disaster recovery, and data security. They provide comprehensive data protection of SaaS applications, endpoint devices, and servers. Their solutions remove the barriers and complexity of secure, offsite data storage and standby infrastructure for real-time disaster recovery. They offer cloud backup, disaster recovery as a service (DRaaS), and ransomware mitigation. They serve various industries, including financial, healthcare, education, and government, providing data security and encryption, laptop and mobile device protection. They offer a partner program, technical support, and resources like documentation, videos, and webinars. They focus on eliminating downtime and data loss with cost-effective, enterprise-grade data protection solutions. They offer free trials and demos of their products.

Key facts about Infrascale

Founded Year: 2006
Location: El Segundo (United States)
Stage: Series C
Total Funding till date: $35.8M
Employee Count: 176 as on May 31, 2026
Investors: Carrick Capital Partners, Montage Capital and 8 Others
Latest Funding Round: Series C, Feb 12, 2020, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

Montage Capital has invested in 62 companies over the last 17 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in ShipCalm and most recent follow-on round was in Olset.

Here are Montage Capital's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	0	0	0
2024	0	0	0
2023	2	0	2
2022	1	0	1
2021	0	0	0
2020	0	0	0
2019	0	0	0
2018	3	0	3
2017	1	0	1

View all investments by Montage Capital

Montage Capital has made 4 investments in Seed stage with an average round size of $1.32M, 4 investments in Series A stage with an average round size of $5.33M and 2 investments in Venture Debt stage with an average round size of $2.5M.

Here are Montage Capital's investments by stage:

Stage of entry	No. of Investments
Seed	4
Series A	4
Venture Debt	2
Conventional Debt	1
Grant (prize money)	1
Others	1

Note: We have considered here, only first round of investments

View all investments by Montage Capital

Montage Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, Retail, Consumer and Life Sciences. Notably, it has invested in 51 Tech companies, 47 Enterprise (B2B) companies, 42 Software companies and at least 20 companies focusing on Saas.

Here are Montage Capital's investments by sector:

Sector	No. of Investments
Enterprise Applications	8
Vertical SaaS	5
Retail	4
Consumer	2
Life Sciences	2
Others	15

Note: We have considered here, only first round of investments

View all investments by Montage Capital

Montage Capital has made most investments in United States (12), followed by Thailand where it has made 1 investment.

Here are Montage Capital's investments by geography:

Country	No. of Investments
United States	12
Thailand	1

Note: We have considered here, only first round of investments

View all investments by Montage Capital

Montage Capital has not made any investment in 2026 so far.

Here are the most recent investments by Montage Capital:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Aug 16, 2023	ShipCalm	United States	Seed	9511	-
Jan 2023	ViralGains	United States	Venture Debt	1809	-
May 02, 2022	BOLD	United States	Seed	1439	-
Aug 23, 2018	Workarea	United States	Series A	6575	Partners For Growth
Jul 23, 2018	EV Connect	United States	Series A	2356	Ecosystem Integrity Fund

See more recent investments made by Montage Capital

2 of Montage Capital's portfolio companies have become public. Boardwalktech got listed on the Toronto Stock Exchange (TSX), in Jun 2018 at marketcap of $48.1M and StemCyte got listed on the Taipei Stock Exchange (TT).

Here are Montage Capital's portfolio companies that went public:

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Company	IPO Date	First Invested on	First Round of Investment	Round Size
Boardwalktech	Jun 11, 2018	-	-	9214
StemCyte	Sep 17, 2001	-	-	3030

View more details about public companies in Montage Capital's portfolio

33 companies from Montage Capital's portfolio have been acquired. The most recent acquisition was ConnectAndSell in Jul 2026 by Banzai for $*****.

Here are Montage Capital's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
ConnectAndSell	Jul 06, 2026	-	-	6570
BOLD	Nov 01, 2024	May 02, 2022	Seed	5342
Lindora	Dec 04, 2023	Feb 20, 2018	PE	8504
Regalix	Mar 02, 2023	-	-	5668
GEO Semiconductor	Feb 09, 2023	Sep 28, 2010	Series A	1915

View all acquired companies in Montage Capital's portfolio

Over the past 17 years, 42 investors have co-invested in Montage Capital's portfolio companies. This includes funds and angels.

Invested before Montage Capital: 500 Global, California Energy Commission and 21 others have invested in rounds before Montage Capital. There are 2 companies where 500 Global has invested before Montage Capital and 1 company where California Energy Commission has invested before Montage Capital.
Top Co-investors of Montage Capital: 8 investors entered a company along with Montage Capital. These include investors like Ecosystem Integrity Fund (1 company).
Invested after Montage Capital: A total of 11 investors have invested in Montage Capital's portfolio after their investments. Top Investors include Mitsui (1 company) and EDBI (1 company).