News

2022 was a year highlighted by an ever-changing macroeconomic backdrop, creating uncertainty and volatility; throughout the year, the theme we saw most at Sageview was a shift back to basics, e.g., a renewed focus on capital efficiency, unit economics, company fundamentals, and multiples based on rigorous financial analysis. However, for us, this was nothing new.

We’d be remiss to say that there weren’t challenges throughout the year; however, having grounded our investment strategy from the beginning on company fundamentals, founder fit, value creation opportunities, growth potential, and fair entry valuations, our strategy held up well and remained unchanged. Our portfolio companies showed resiliency and continued to see solid growth. With our concentrated portfolio approach, we had the time and resources to help guide our current portfolio companies and identify exciting new opportunities.

We are incredibly grateful for our new platform investments, significant follow-ons, promotions & new hires, accolades achieved, and portfolio news, which highlight the year’s productivity, as you’ll see below. We’re especially grateful for the new relationships we’ve built with terrific founders and CEOs.

2023 will bring exciting opportunities to build new partnerships with entrepreneurs and investors. Challenging times and market corrections can bring about some of the best investment opportunities, so we look forward to the year ahead.

“Sageview stood out as a great partner for several reasons. First, they developed a deep understanding of our market and business, including insights and suggestions we are already implementing. Second, during the fundraising process, they continuously made decisions that showed they wanted to do right by our customers, employees, and existing investors. Finally, they have a track record of scaling businesses into category leaders. We’re excited to leverage their extensive experience as we partner to grow User Interviews together.”

Basel Fakhoury, Co-Founder & CEO of User Interviews

“Sageview’s approach during Elemental’s fundraising process was thorough and transparent.  Their level of effort to truly understand our business was evident throughout, and their track record of successfully scaling companies like ours was pivotal in our decision to choose to work with them.  Sageview’s impact has been felt immediately, especially regarding our go-to-market approach, and we look forward to continuing to benefit from their engagement.”

 Sridhar Iyengar, Founder & CEO of Elemental Machines

 

*The Top 25 Growth Equity Firms for 2021 by GrowthCap was awarded in February 2022. The Top 25 Software Investor for 2022 was awarded in November 2022. Sageview submitted nomination forms for the GrowthCap awards to GrowthCap, who evaluated all nominees based on the quality of the feedback they received from portfolio company CEOs, firm colleagues, as well as peers in the industry. Sageview Capital paid GrowthCap to be included on the final published list. The 2022 Founder-Friendly Investors recognition presented herein was awarded in October 2022 by Inc. Inc. assessed the nominees based on written responses to questions on Inc.’s nomination form and discussions with CEO references. Sageview Capital paid application fees to participate in this process.

The Inc. and GrowthCap awards are awarded by third parties that are not affiliated with Sageview. The number of nominees reviewed for the award and the number of award recipients were not available to Sageview Capital. Therefore, those numbers and the percentages of nominees that received each prize cannot be disclosed herein. The awards do not indicate Sageview Capital’s future performance and do not reflect the experience of, or any rating by, Sageview Capital’s investors or clients, and generally do not relate to investment advisory services to clients.