Arrowroot Capital
Arrowroot Capital, established in 2014, is a growth equity firm headquartered in Santa Monica, California, with an additional office in Miami, Florida. The company focuses on investing in mature, software businesses with a strong recurring revenue model and a run-rate of at least $5 million. Arrowroot seeks to partner with management teams to accelerate growth, typically investing between $5 million to $25 million, and occasionally up to $50 million. The firm's flexible capital can be used for various purposes, such as working capital, management liquidity, or acquisition financing. Arrowroot aims to take minority or majority positions, often involving board representation, and holds investments for 2 to 4 years. The firm targets B2B software companies that solve mission-critical pain points in areas like compliance, workflow, security, and optimization, and have effective sales and marketing strategies.
Appvance.ai
Series C in 2022
Appvance.ai specializes in AI-driven test automation, offering a cutting-edge solution that transforms software testing. Its flagship product, Appvance IQ, is recognized as the first unified test automation system powered by artificial intelligence. This technology enhances the quality, performance, and security of applications while streamlining the efficiency of testing teams. By eliminating the redundancies of traditional manual and legacy automation methods, Appvance IQ accelerates delivery, reduces risks, and lowers costs for enterprises. The system supports comprehensive application coverage and automates key user journeys, addressing the dual demands of rapid software releases and high-quality customer experiences. Headquartered in Sunnyvale, California, Appvance.ai also has offices in Costa Rica and India, and is backed by several investors, including Javelin Ventures and Staenberg Ventures.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at
support@teaserclub.com. Your feedback is most welcome.