Arrowroot Capital Management

company

About

Arrowroot Capital Management focuses on growing, mature, and recurring revenue software businesses.

  • 11 - 50

Details

Industries
Angel Investment,Financial Services,SaaS,Software,Venture Capital
Founded date
Jan 1, 2014
Number Of Employee
11 - 50
Operating Status
Active
Investor Type
PE,Venture Capital

Arrowroot Capital Management is a growth equity firm based in Santa Monica focused on growing, mature, and recurring revenue software businesses. We seek to partner with management to accelerate growth and help guide the company to its ultimate exit. Arrowroot targets equity investments in the range of $5 million to $25 million, and has the flexibility to pursue larger opportunities.

Arrowroot's capital is typically deployed to achieve very distinct goals including, but not limited to:

– Working capital and growth investment
– Liquidity for founders and/or management
– Liquidity for previous venture or angel investors
– Acquisition capital

Arrowroot’s capital is flexible, but investment characteristics generally include:

– Minority or majority positions
– Board representation
– 2 to 4 year hold periods
– Highly incentivized management teams; commonly via new option grants
– Arrowroot seeks to optimize the investment amount in order to efficiently grow businesses and create healthy capital risk dynamics for founders, current management, and past investors

Target Company Characteristics:

– $5 million+ revenue run-rate
– Strong recurring revenue growth rate
– Proven, effective and efficient sales and marketing strategy
– Mission-critical, B2B software that typically solves a pain-point in compliance, workflow, security, and/or optimization

Investments

Number of Investments
Number of Lead Investments
4
4
Arrowroot Capital Management has made 4 investments. Their most recent investment was on Feb 22, 2022, when Clickatell raised $91M.
Date Company Name
Round Money Raised Industry Lead Investor
Feb 22, 2022 Clickatell
Series C $91M CRM Yes
Dec 4, 2020 FiscalNote
Series Unknown $160M Artificial Intelligence Yes
Dec 4, 2020 FiscalNote
Debt Financing Artificial Intelligence Yes
Oct 2, 2019 SnapLogic
Series G $72M Cloud Computing Yes