Georgian Partners Raises $200 Million Second Fund

Georgian Partners, a growth equity firm that invests in expansion-stage software companies, announced today that it has completed the final close for its second investment fund.

The oversubscribed $200 million fund, titled Georgian Partners Growth Fund II, “continues the firm’s long-standing focus on investing in expansion-stage enterprise software, Internet and information companies that are using applied analytics to scale their business.”

“We’re exited to announce this final close of our second fund at $200 million,” said Justin LaFayette, Georgian Partners’ co-founder and managing partner. “We view the interest in this new fund, which is more than three times the size of our first, as yet another a proof point of the growing importance, maturity and widespread adoption of analytics across virtually every sector of the economy.”

With $267 million in assets under management, Georgian Partners to date has made eight investments from Fund II across the North America, including Ottawa’s Shopify and Toronto’s FreshBooks.