About Periphas Capital
Periphas Capital is a venture capital firm founded in 2017. It is primarily based out of New York City, United States. As of Apr 2024, Periphas Capital has invested in 25 companies. It primarily invests in Post IPO round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Retail. Most recently it participated in the $***** Series A round of FinQuery Overall, Periphas Capital portfolio has seen 7 IPOs and 15 acquisitions including key companies like Burger King, Mahindra and Virtu. A lot of funds co-invest with Periphas Capital, with names like Apax sharing a substantial percentage of its portfolio. Periphas Capital has team of 6 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Post IPO, Series A & 1 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Periphas Capital's List of Top Investments
Periphas Capital has a portfolio of 25 companies. Their most notable investments are in FinQuery and ShipMonk.Their portfolio spans across United States, India, Australia and 1 more locations. They have invested in Enterprise Applications, FinTech, Retail and 18 other sectors, across stages such as Post IPO, Series A and 1 more. Here is the list of top investments by Periphas Capital:
1. Burger King
Key facts about Burger King
- Founded Year: 1954
- Location: Miami (United States)
- Stage: Public
- Total Funding till date: $100M
- Employee Count: 127,132 as on Jul 31, 2026
- Investors: Rothschild & Co, Periphas Capital and 32 Others
- Latest Funding Round: Conventional Debt, 2021, $*****
- Highlight: Public
2. Mahindra
Diversified conglomerate operating across multiple industries. It specializes in tractors, farming equipment, and utility vehicles, heavy-duty tractors, UTVs, and farm equipment. It also offers financial services, including insurance, mutual funds, and rural housing finance. It operates on aero structure, after market industry, automotive industry, construction equipment, engineering consulting, defence sector, hospitality, logistics, and IT sector.
Key facts about Mahindra
- Founded Year: 1945
- Location: Mumbai (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Stage: Public
- Employee Count: 25,222 as on Mar 31, 2025
- Investors: Goldman Sachs, Periphas Capital and 3 Others
- Latest Funding Round: Post IPO, Jul 07, 2022, $*****
- Highlight: Public
3. Virtu
Suite of solutions for managing trade-related processes. The company offers customizable solutions with trading technologies. It also provides execution services and data, analytics, and connectivity products.
Key facts about Virtu
- Founded Year: 2008
- Location: New York City (United States)
- Stage: Public
- Employee Count: 998 as on Mar 31, 2026
- Investors: Silver Lake, Periphas Capital and 4 Others
- Latest Funding Round: Post IPO, Sep 16, 2019, $*****
- Highlight: Public
4. Openlane
Online used cars auction platform. It provides a platform for buying and selling wholesale vehicles. It provides a mobile app that allows car dealers to launch and participate in live auctions. It also provides auction and remarketing services through offline, online, digital, and mobile auction marketplaces.
Key facts about Openlane
- Founded Year: 1999
- Location: Redwood City (United States)
- Stage: Acquired
- Total Funding till date: $75M
- Employee Count: 5,311 as on May 31, 2026
- Investors: Meritech, August Capital and 5 Others
- Latest Funding Round: Post IPO, May 26, 2020, $*****
- Highlight: Acquired
5. Seamless
Seamless is an online and mobile US food ordering service that lets users order food for delivery from restaurants through their website or suite of mobile apps. Its e-commerce marketplace connects 12k restaurants serving over 4000 companies and have 2M+ registered members across 12 major US metropolitan areas and London. Has got 600k+ user-ratings and reviews as of 2015. It merged with Grubhub in Aug 2013. GrubHub Seamless portfolio now contains four brands: GrubHub, Seamless, MenuPages (previously owned by Seamless) and Allmenus (previously owned by GrubHub).
Key facts about Seamless
- Founded Year: 1999
- Location: New York City (United States)
- Stage: Acquired
- Total Funding till date: $51M
- Employee Count: 137 as on Jul 31, 2026
- Investors: Periphas Capital, RiverPark Ventures and 4 Others
- Latest Funding Round: Series D, Dec 31, 2011, $*****
- Highlight: Acquired
Periphas Capital's Year-on-Year Investment Trends
Periphas Capital has invested in 25 companies over the last 6 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in FinQuery.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 1 | 0 | 1 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 1 | 0 | 1 |
2020 | 1 | 0 | 1 |
Periphas Capital's Investments by Stage
Periphas Capital has made 1 investment in Post IPO stage with an average round size of $550M, 1 investment in Series A stage with an average round size of $25M and 1 investment in Series B stage with an average round size of $65M.Stage of entry | No. of Investments |
|---|---|
Post IPO | 1 |
Series A | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
Periphas Capital's Investments by Sector
Periphas Capital has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Retail, Auto and Business Services. Notably, it has invested in 12 Enterprise (B2B) companies, 9 Tech companies, 6 Consumer (B2C) companies and at least 4 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 2 |
Enterprise Applications | 2 |
Retail | 2 |
Auto | 1 |
Business Services | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
Periphas Capital's Investments by Geography
Periphas Capital has made most investments in United States (3).Periphas Capital's recent investments
Periphas Capital has not made any investment in 2026 so far.Here are the most recent investments by Periphas Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 24, 2024 | United States | Series A | 1988 | ||
Jan 27, 2021 | United States | Series B | 3234 | - | |
May 26, 2020 | United States | Post IPO | 1518 |
IPOs and Publicly Listed companies in Periphas Capital's Portfolio
7 of Periphas Capital's portfolio companies have become public. Burger King got listed on the Bombay Stock Exchange (BSE), in Dec 2020 and Max India got listed on the National Stock Exchange (NSE).Here are Periphas Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 14, 2020 | - | - | 6134 | |
Aug 28, 2020 | - | - | 9578 | |
Apr 16, 2015 | - | - | 2361 | |
Dec 13, 2013 | - | - | 2013 | |
Jul 24, 1998 | - | - | 7231 |
Acquired companies in Periphas Capital's Portfolio
15 companies from Periphas Capital's portfolio have been acquired. The most recent acquisition was First Aviation in Apr 2026 by AMETEK for $*****.Here are Periphas Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 30, 2026 | - | - | 6424 | |
Oct 02, 2025 | Apr 24, 2024 | Series A | 8271 | |
May 22, 2023 | - | - | 5819 | |
Dec 09, 2020 | - | - | 9161 | |
Sep 01, 2017 | - | - | 6502 |
Team profile of Periphas Capital
Periphas Capital has a team of 6 members including 1 Partner and 1 Principal located in United States. Periphas Capital's team does not sit on the board of any company as of now.Co-investors of Periphas Capital
Over the past 6 years, 11 investors have co-invested in Periphas Capital's portfolio companies. This includes only funds.
- Invested before Periphas Capital: Meritech, August Capital and 7 others have invested in rounds before Periphas Capital. There is 1 company where Meritech has invested before Periphas Capital and 1 company where August Capital has invested before Periphas Capital.
- Top Co-investors of Periphas Capital: 2 investors entered a company along with Periphas Capital. These include investors like Apax (1 company).
Recent News related to Periphas Capital
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ShipMonk bags $65 million in growth funding for its eCommerce fulfillment and inventory management platformTechStartups.com•Jan 27, 2021•Periphas Capital, SJF Ventures, Grotech Ventures, Supply Chain Ventures and 1 other
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Periphas Capital Launching Sponsored SPAC: Periphas Capital Partnering CorporationBusiness Wire•Dec 08, 2020•Periphas Capital, Evercore
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KAR lands $550 million investmentAuto Remarketing•May 26, 2020•Openlane, Apax, KAR Global, Periphas Capital and 5 others
