About Invictus Growth
Invictus Growth is a venture capital firm founded in 2019. It is primarily based out of San Francisco, United States. As of Dec 2025, Invictus Growth is an active investor, having invested in 35 companies, with 1 new investment in the last 12 months. It primarily invests in PE round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and HealthTech. Most recently it participated in the $***** Series B round of Informed Overall, Invictus Growth portfolio has seen 1 unicorn, 1 IPO and 19 acquisitions including key companies like Proofpoint, Verifone and BlueCat. A lot of funds co-invest with Invictus Growth, with names like Ingwe sharing a substantial percentage of its portfolio. Invictus Growth has team of 26 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
PE, Series B & 2 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Invictus Growth's List of Top Investments
Invictus Growth has a portfolio of 35 companies, one of which is a Unicorn. Their most notable investments are in Boost Payment Solutions and Axiad.Their portfolio spans across United States, Kenya, Belgium and 5 more locations. They have invested in Enterprise Applications, High Tech, HealthTech and 18 other sectors, across stages such as PE, Series B and 2 more. Here is the list of top investments by Invictus Growth:1. Proofpoint
Provider of cybersecurity solutions, services, and training for enterprise protection. The company offers a platform securing connections across email, cloud, and collaboration tools. It focuses on protecting people and securing data, addressing threats and data loss. The company provides solutions for collaboration security, data security and governance, and platform technologies.
Key facts about Proofpoint
- Founded Year: 2002
- Location: Sunnyvale (United States)
- Annual Revenue: $1B+ as on Dec 31, 2020
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $86M
- Employee Count: 5,256 as on Sep 30, 2026
- Investors: Sprout Capital Partners, Meritech and 22 Others
- Latest Funding Round: Post IPO, Aug 23, 2019, $*****
- Highlight: Acquired
2. Verifone
Provider of end-to-end payment solutions for retail, fuel, and hospitality. The company offers payment devices, software, and related services. These solutions include payment processing, acceptance, and advanced payment methods. It also provides solutions for petroleum and convenience stores, such as site controllers and point-of-sale systems.
Key facts about Verifone
- Founded Year: 1981
- Location: Alpharetta (United States)
- Annual Revenue: $1B+ as on Oct 31, 2017
- Last Known Valuation: $*****
- Stage: Acquired
- Employee Count: 4,661 as on Sep 30, 2026
- Investors: Francisco Partners, Trinity Capital and 8 Others
- Latest Funding Round: Post IPO, Mar 24, 2011, $*****
- Highlight: Acquired
3. CB Insights
AI powered financial database platform focused on private companies. The platform provides comprehensive information, intelligence and insights about private companies that have received venture capital, private equity, angel or government funding. Its products include the CB Insights database platform which offers structured, searchable data on companies and investors, a daily email detailing venture capital, growth equity and angel investment deals.
Key facts about CB Insights
- Founded Year: 2009
- Location: New York City (United States)
- Stage: Series A
- Total Funding till date: $10M
- Employee Count: 268 as on Sep 30, 2026
- Investors: Invictus Growth, Xecced and 4 Others
- Latest Funding Round: Series A, Nov 09, 2015, $*****
- Highlight: Editors' Pick
4. BlueCat
Cloud-based DNS and DHCP appliance and security solutions provider. It offers features such as integration points, robust API library, SSO, DNSSEC development, IPv6 support, threat protection, direct internet access, and automated management. The company also provides technical education, services for DNS, DHCP administrators, network professionals, and security professionals. Its customers span across government, military, financial services, retail, enterprise, and manufacturing sectors.
Key facts about BlueCat
- Founded Year: 2001
- Location: Toronto (Canada)
- Stage: Acquired
- Total Funding till date: $27.8M
- Employee Count: 761 as on Sep 30, 2026
- Investors: ForgePoint Capital, Invictus Growth and 7 Others
- Latest Funding Round: Series B, Jul 05, 2011, $*****
- Highlight: Acquired
5. Informed
Developer of an aggregation API solutions for banking. It provides users with APIs to aggregate data from multiple bank partners into a single platform. Its features include compliance management, consumer lending, and marine lending.
Key facts about Informed
- Founded Year: 2016
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $83M
- Employee Count: 63 as on Aug 31, 2026
- Investors: Invictus Growth, Owl Capital Group and 10 Others
- Latest Funding Round: Series B, Dec 16, 2025, $*****
- Highlight: Editors' Pick
Invictus Growth's Year-on-Year Investment Trends
Invictus Growth has invested in 39 companies over the last 5 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 2 investments. Its most recent first time investment was in Informed and most recent follow-on round was in Axiad.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 2 | 0 | 2 |
2024 | 0 | 1 | 1 |
2023 | 0 | 0 | 0 |
2022 | 1 | 0 | 1 |
2021 | 4 | 0 | 4 |
Invictus Growth's Investments by Stage
Invictus Growth has made 3 investments in PE stage with an average round size of $32M, 2 investments in Series B stage with an average round size of $49M, 1 investment in Series A stage with an average round size of $30M and 1 investment in Series C stage with an average round size of $22M.Stage of entry | No. of Investments |
|---|---|
PE | 3 |
Series B | 2 |
Series A | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Invictus Growth's Investments by Sector
Invictus Growth has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, Enterprise Infrastructure, FinTech and Consumer. Notably, it has invested in 28 Tech companies, 25 Enterprise (B2B) companies, 21 Software companies and at least 14 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 5 |
Vertical SaaS | 3 |
Enterprise Infrastructure | 2 |
FinTech | 2 |
Consumer | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
Invictus Growth's Investments by Geography
Invictus Growth has made most investments in United States (7).Invictus Growth's recent investments
Invictus Growth has not made any investment in 2026 so far.Here are the most recent investments by Invictus Growth:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 16, 2025 | United States | Series B | 7465 | - | |
Jun 25, 2025 | United States | Series B | 7250 | - | |
Jul 30, 2024 | United States | PE | 6859 | - | |
Nov 02, 2022 | United States | PE | 6472 | - | |
Aug 2021 | United States | Series A | 5320 |
Unicorns in Invictus Growth's Portfolio
Invictus Growth has 1 unicorn in its portfolio - Bizzabo. The most recent unicorn in their portfolio is Bizzabo which became a unicorn in 2020, 5 years before Invictus Growth first invested in it.Here is a list of unicorns in Invictus Growth's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
57 | Cloud based event management software for enterprises | 2010 | New York City | Series E | dievcds |
IPOs and Publicly Listed companies in Invictus Growth's Portfolio
1 of Invictus Growth's portfolio company became public - Bridge.Here are Invictus Growth's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | - | - | 5517 |
Acquired companies in Invictus Growth's Portfolio
19 companies from Invictus Growth's portfolio have been acquired. The most recent acquisition was Tailwind CSS in Sep 2026 by Shopify for $*****.Here are Invictus Growth's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 09, 2026 | - | - | 4526 | |
Mar 23, 2025 | - | - | 9252 | |
Mar 11, 2025 | - | - | 2634 | |
Jul 25, 2024 | - | - | 4378 | |
Mar 06, 2024 | - | - | 8831 |
Team profile of Invictus Growth
Invictus Growth has a team of 26 members including 3 Partners and 2 Principals located in United States. Invictus Growth's team does not sit on the board of any company as of now.Here is a list of top team members in Invictus Growth:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | Chicago | - | ||
Partner | Boston | - | ||
Principal | San Francisco | - | - | |
Principal | San Mateo | - | - |
Co-investors of Invictus Growth
Over the past 5 years, 11 investors have co-invested in Invictus Growth's portfolio companies. This includes funds and angels.
- Invested before Invictus Growth: FIS, Nyca Partners and 7 others have invested in rounds before Invictus Growth. There is 1 company where FIS has invested before Invictus Growth and 1 company where Nyca Partners has invested before Invictus Growth.
- Top Co-investors of Invictus Growth: 2 investors entered a company along with Invictus Growth. These include investors like Ingwe (1 company).
Recent News related to Invictus Growth
•
Informed.IQ Gains $63M from Invictus Growth Partners for AI Fraud Prevention and Loan VerificationPR Newswire•Dec 16, 2025•Westlake Financial, Invictus Capital Partners, Informed, Invictus Growth and 1 other
•
Erik Nierenberg Joins Invictus Growth Partners as a Partner; four seasoned B2B executives join Invictus GuildPR Newswire•Dec 09, 2025•Invictus Growth
•
Invictus Growth Invests $35 Million in AI-Based Energy Analytics ProviderThe Wall Street Journal•Jun 25, 2025•Invictus Growth, Novi
•
Novi Labs Raises $35 Million From Invictus Growth Partners for AI Energy AnalyticsNewswire•Jun 25, 2025•Invictus Growth, Novi
•
•
StructuredWeb Secures $30 Million From Invictus Growth Partners to Drive AI-Enabled Channel Sales and Marketingintelligence360•Feb 06, 2025•Invictus Growth, StructuredWeb
•
StructuredWeb Secures $30 Million From Invictus Growth Partners to Drive AI-Enabled Channel Sales and MarketingSalesTech Star•Jan 22, 2025•StructuredWeb, Invictus Growth
•
StructuredWeb Secures $30 Million From Invictus Growth Partners to Drive AI-Enabled Channel Sales and MarketingBusiness Wire•Jan 22, 2025•StructuredWeb, Invictus Growth
•
Campfire Interactive Completes $37 Million Majority Investment from Invictus Growth Partners to Drive Manufacturing Software InnovationPR Newswire•Sep 24, 2024•Campfire, Invictus Growth
•
