Portage Partners

Portage Partners is a New York-based investment firm established in 2010, operating as a single-family office. The firm specializes in alternative asset management and is dedicated to sourcing, evaluating, and monitoring a diverse range of alternative funds and direct investment opportunities. Its assets are overseen by an experienced executive management team, ensuring a strategic approach to investment and portfolio management.

Erika Bibelnieks

Senior Vice President

Michael Leffell

Founder and Managing Member

10 past transactions

Allure Security

Seed Round in 2022
Allure Security Technology, Inc. specializes in designing and developing online security solutions aimed at protecting enterprises from cyber threats. The company's flagship product, Novo, utilizes active user behavioral analytics, machine learning, and decoy technology to safeguard devices from data loss and intrusions. Novo not only monitors user behavior to create a biometric password for authentication but also employs decoy technology to mislead cybercriminals by providing fake data while collecting forensics. Additionally, Allure offers an anti-phishing solution that detects phishing campaigns in near real-time, identifying targeted customers and assisting in the removal of malicious sites. Founded in 1996 and based in Waltham, Massachusetts, Allure Security Technology has garnered support from DARPA to enhance its innovative offerings in the cybersecurity landscape.

Canoe

Series A in 2020
Canoe Software Inc. develops an artificial intelligence-based software solution for financial document and data management, primarily targeting allocators and investors in alternative assets. Founded in 2013 and based in New York, the company specializes in automating the collection, organization, and categorization of investment documents. Its software enables users to extract unstructured data from these documents and integrate it into various accounting and reporting platforms, enhancing data accuracy and operational efficiency. Canoe’s services cater to a diverse clientele, including single and multi-family offices, endowments, foundations, pensions, investment consultants, wealth managers, and financial institutions. By transforming PDF reports into actionable data, Canoe aims to improve the post-investment operational, monitoring, and reporting experience for its clients.

Morphisec

Series B in 2018
Morphisec delivers an entirely new level of innovation with its Moving Target Defense-powered proactive endpoint protection platform to create a zero-trust execution environment for your applications. This proactively creates a prevent-first posture against the most advanced threats to the enterprise, including APTs, file-based malware, zero-days, ransomware, fileless attacks, and web-borne exploits. This complete endpoint security solution easily deploys into a company’s existing security infrastructure to form a simple, highly effective, cost-efficient technology stack that is truly disruptive to today’s existing cybersecurity model.

Allure Security

Seed Round in 2018
Allure Security Technology, Inc. specializes in designing and developing online security solutions aimed at protecting enterprises from cyber threats. The company's flagship product, Novo, utilizes active user behavioral analytics, machine learning, and decoy technology to safeguard devices from data loss and intrusions. Novo not only monitors user behavior to create a biometric password for authentication but also employs decoy technology to mislead cybercriminals by providing fake data while collecting forensics. Additionally, Allure offers an anti-phishing solution that detects phishing campaigns in near real-time, identifying targeted customers and assisting in the removal of malicious sites. Founded in 1996 and based in Waltham, Massachusetts, Allure Security Technology has garnered support from DARPA to enhance its innovative offerings in the cybersecurity landscape.

Virtru

Series A in 2016
Virtru Corp., founded in 2011 and headquartered in Washington, D.C., specializes in data security and privacy technologies. The company empowers organizations to effectively manage and protect their data throughout its entire lifecycle, from creation to sharing. Virtru is known for developing the Trusted Data Format (TDF), which serves as an open industry standard for persistent data protection. With a focus on flexibility and ease of use, Virtru's data protection platform enables over 20,000 organizations across various sectors to maintain control over their data while ensuring compliance with privacy regulations.

Flashpoint

Series B in 2016
Flashpoint is a leader in risk intelligence, providing organizations with comprehensive coverage of threatening activities on the internet. The company develops actionable threat intelligence and automation software that draws critical data from the deep and dark web. This allows security teams to receive timely alerts when their organization, industry, or stakeholders face increased risks. By partnering with both commercial and government customers, Flashpoint helps them quickly identify and mitigate critical security threats, enhancing their cyber and physical security while addressing issues such as fraud and insider threats.

SecurityScorecard

Series B in 2016
SecurityScorecard, Inc. is a cybersecurity ratings and continuous monitoring platform that evaluates the cybersecurity strength of businesses and third-party vendors. Founded in 2013, the company has developed a patented technology that provides instant risk ratings for over a million companies, helping organizations manage their cybersecurity risks more effectively. Its offerings include ThreatMarket, a cloud-based vulnerability search engine that assesses security posture across various risk categories, and Score Planner, which allows companies to explore remediation strategies. Additionally, SecurityScorecard provides tools for vendor risk management, board reporting, and cyber insurance underwriting through its Scorecard Event Log and Atlas platform for questionnaire management. The company serves a global clientele, including Fortune 1000 organizations, and collaborates with value-added resellers and service partners to deliver its solutions. Based in New York, SecurityScorecard aims to enhance organizational resilience by facilitating the identification and mitigation of cybersecurity risks.

Morphisec

Series A in 2015
Morphisec delivers an entirely new level of innovation with its Moving Target Defense-powered proactive endpoint protection platform to create a zero-trust execution environment for your applications. This proactively creates a prevent-first posture against the most advanced threats to the enterprise, including APTs, file-based malware, zero-days, ransomware, fileless attacks, and web-borne exploits. This complete endpoint security solution easily deploys into a company’s existing security infrastructure to form a simple, highly effective, cost-efficient technology stack that is truly disruptive to today’s existing cybersecurity model.

SecurityScorecard

Series A in 2015
SecurityScorecard, Inc. is a cybersecurity ratings and continuous monitoring platform that evaluates the cybersecurity strength of businesses and third-party vendors. Founded in 2013, the company has developed a patented technology that provides instant risk ratings for over a million companies, helping organizations manage their cybersecurity risks more effectively. Its offerings include ThreatMarket, a cloud-based vulnerability search engine that assesses security posture across various risk categories, and Score Planner, which allows companies to explore remediation strategies. Additionally, SecurityScorecard provides tools for vendor risk management, board reporting, and cyber insurance underwriting through its Scorecard Event Log and Atlas platform for questionnaire management. The company serves a global clientele, including Fortune 1000 organizations, and collaborates with value-added resellers and service partners to deliver its solutions. Based in New York, SecurityScorecard aims to enhance organizational resilience by facilitating the identification and mitigation of cybersecurity risks.

CyActive

Convertible Note in 2014
CyActive Ltd. is a predictive cyber security company that focuses on anticipating and preventing future cyber threats for its clients. By utilizing a predictive engine that applies bio-inspired algorithms and analyzes hacker behavior, CyActive forecasts how existing malware may evolve into more sophisticated attacks. This technology enables the company to predict future malware derivatives within hours and develop a limited number of detectors that proactively protect network and endpoint devices, as well as SCADA systems. By positioning defenders ahead of attackers, CyActive aims to mitigate both financial and operational risks associated with cyber threats. Founded in 2013 and based in Beersheba, Israel, the company serves clients in Israel and internationally and operates as a subsidiary of PayPal Holdings, Inc. since 2015.
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