About Powershift Group
Powershift Group is a venture capital firm founded in 1997. It is primarily based out of Austin, United States. As of 2015, Powershift Group has invested in 15 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Life Sciences. Most recently it participated in the $***** Seed round of The Dime Club Overall, Powershift Group portfolio has seen 6 acquisitions including key companies like Perficient, Vignette and Rome Corporation. A lot of funds co-invest with Powershift Group, with names like Azure Capital Partners sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series B & 1 more
Portfolio Acquisitions
Powershift Group's List of Top Investments
Powershift Group has a portfolio of 15 companies. Their most notable investments include Perficient and Vignette.Their portfolio spans across United States and China. They have invested in Enterprise Applications, FinTech, Life Sciences and 7 other sectors, across stages such as Seed, Series B and 1 more. Here is the list of top investments by Powershift Group:1. Perficient
Key facts about Perficient
- Founded Year: 1997
- Location: Saint Louis (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2023
- Last Known Valuation: $*****
- Stage: Acquired
- Employee Count: 4,363 as on May 31, 2026
- Investors: EQT, Powershift Group and 3 Others
- Latest Funding Round: Post IPO, Apr 17, 2025, $*****
- Highlight: Acquired
2. Vignette
Vignette got acquired by OpenText in 2009. Vignette provides web content management, portal and collaboration solutions. The company also offers Social Media Solutions, which builds communities, enables participation, and encourages online interaction with comments, ratings, tags, blogs, wikis, forums, video, and recommendations. It serves telecommunications, entertainment, new media and publishing, financial services, government, healthcare, high technology, higher education, life sciences, manufacturing, retail, and travel industries.
Key facts about Vignette
- Founded Year: 1995
- Location: Austin (United States)
- Stage: Acquired
- Total Funding till date: $32.5M
- Employee Count: 389 as on May 31, 2026
- Investors: CRV, Partech Partners and 11 Others
- Latest Funding Round: Venture Debt, Dec 03, 1998, $*****
- Highlight: Acquired
3. Moxie
Formerly known as ngenera, gomoxie helps in customer engagement for sales and support across devices. It anticipates what customers want and engages with them through buying journey. Its solutions include live chat(web and mobile), Email. knowledgebase and self service with performance analytics and intelligent decisioning. Supports integration with Microsoft, Salesforce, Nuance. Has over 600 customers including 3M, Dell, Siemens, SKF. Acquired Simplybox in 2014.
Key facts about Moxie
- Founded Year: 2006
- Location: San Bruno (United States)
- Stage: Acqui-Hired
- Total Funding till date: $87M
- Employee Count: 40 as on Dec 31, 2022
- Investors: Union Grove Venture Partners, Northgate Capital and 6 Others
- Latest Funding Round: Series C, Jun 17, 2009, $*****
- Highlight: Editors' Pick
Rome corporation provides on-premise/on-demand credit risk management solution for energy and commodity markets to manage risks, improve performance and liquidity and ensure compliance. ROME’s suite of products includes CreditRisk, CreditAnalytics, CreditScoring, ContractManagement and DealValuation Engine. These products work together to help automate and streamline the processes for managing contracts, collateral, counterparties, credit scoring and exposure. The company was based in Austin, Texas with sales and client service offices in Houston, Texas; and London, the United Kingdom. As of July 7, 2008, ROME Corporation operates as a subsidiary of Triple Point Technology.
Key facts about Rome Corporation
- Founded Year: 2001
- Location: Austin (United States)
- Stage: Acquired
- Total Funding till date: $14M
- Employee Count: 291 as on May 31, 2026
- Investors: Western Technology Investment, Azure Capital Partners and 1 Other
- Latest Funding Round: Series B, Mar 23, 2006, $*****
- Highlight: Acquired
5. TechRepublic
TechRepublic: News, tips, and advice for technology professionals. It is a B2B platform providing news, articles, and resources for IT professionals. It covers a wide range of topics including cybersecurity, artificial intelligence, project management, and more. The platform offers premium content such as IT and HR policies, hiring kits, and customizable templates. It also features a resource library, forums, and expert insights. TechRepublic provides information through articles, videos, and newsletters. It aims to equip technology professionals with the knowledge and tools they need to succeed in their roles. The platform offers subscription based premium content.
Key facts about TechRepublic
- Founded Year: 1997
- Location: San Francisco (United States)
- Stage: Acquired
- Employee Count: 21 as on May 31, 2026
- Investors: Integral Capital Partners, Elsewhere Partners and 3 Others
- Latest Funding Round: Unattributed, 1997, $*****
- Highlight: Acquired
Powershift Group's Investments by Stage
Powershift Group has made 1 investment in Seed stage, 1 investment in Series B stage with an average round size of $14M and 1 investment in Unattributed stage.Stage of entry | No. of Investments |
|---|---|
Seed | 1 |
Series B | 1 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
Powershift Group's Investments by Sector
Powershift Group has a diverse portfolio, with companies operating in the Consumer, Media & Entertainment, Enterprise Applications, FinTech and Vertical SaaS. Notably, it has invested in 10 Tech companies, 7 Enterprise (B2B) companies, 6 Consumer (B2C) companies and at least 5 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 2 |
Media & Entertainment | 2 |
Enterprise Applications | 1 |
FinTech | 1 |
Vertical SaaS | 1 |
Note: We have considered here, only first round of investments
Powershift Group's Investments by Geography
Powershift Group has made most investments in United States (3).Powershift Group's recent investments
Powershift Group has not made any investment in 2026 so far.Here are the most recent investments by Powershift Group:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
2015 | United States | Seed | 1962 | - | |
Mar 23, 2006 | United States | Series B | 7095 | ||
1997 | United States | Unattributed | 7731 |
Acquired companies in Powershift Group's Portfolio
6 companies from Powershift Group's portfolio have been acquired. The most recent acquisition was Perficient in May 2024 by EQT for $*****.Here are Powershift Group's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 05, 2024 | - | - | 9054 | |
Aug 11, 2021 | - | - | 5831 | |
Jul 21, 2009 | - | - | 7577 | |
Jul 07, 2008 | Mar 23, 2006 | Series B | 8860 | |
Nov 06, 2006 | - | - | 3630 |
Co-investors of Powershift Group
Over the past 29 years, 3 investors have co-invested in Powershift Group's portfolio companies. This includes only funds.
- Top Co-investors of Powershift Group: 3 investors entered a company along with Powershift Group. These include investors like Azure Capital Partners (1 company).