Fidelity

Founded in 1946, Fidelity is a leading privately-owned investment manager offering a wide range of services including IRAs, retirement planning, wealth management, and securities execution. It serves individual investors, businesses, financial advisors, and institutions worldwide, managing equity, fixed-income, and balanced mutual funds through global public markets.

Tony Liu

Director, Private Markets

Nicholas Price,

Portfolio Manager

Jed Wrigley

Director

Danny Wynn

Director - GPS Record Keeping Platforms

Derek Young

President, Japan

Past deals in Central US

HeartFlow

Convertible Note in 2025
HeartFlow specializes in precision heart care, offering a non-invasive solution for diagnosing coronary artery disease. Its proprietary HeartFlow FFRCT Analysis uses artificial intelligence to create a personalized 3D model of the heart, enabling clinicians to evaluate blood flow and determine optimal treatment. Commercially available in the United States, UK, Canada, Europe, and Japan.

Capital Markets Gateway

Series C in 2025
Capital Markets Gateway Inc. is a financial technology firm that specializes in modernizing the equity capital markets. Based in Chicago, Illinois, with additional locations in New York and Seattle, CMG offers a platform that provides real-time information and analytics to investors, underwriters, and issuers. Founded in 2015 and officially launched in 2017 by a team of experienced professionals, the platform enhances transparency and workflow efficiencies in capital raising activities. It enables users to monitor the capital raising landscape, conduct due diligence, and make informed investment decisions while facilitating collaboration between stakeholders. Currently, CMG's platform is utilized by over 100 buy-side firms and 10 investment banks, supporting a substantial amount of assets under management.

Tenstorrent

Series D in 2024
Tenstorrent designs and manufactures AI hardware and software for data processing and machine learning tasks. The company develops application-specific integrated circuit processors that enable scalable deep learning, with architectures designed to be software-programmable and adaptable from battery-powered IoT devices to cloud servers. Its processors target training and inference workloads, delivering computational performance for developers and researchers in artificial intelligence. Founded in 2016, Tenstorrent is based in Toronto with an additional office in Austin, Texas.

Applied Intuition

Secondary Market in 2024
Applied Intuition develops software infrastructure to safely develop, test, and deploy autonomous vehicles at scale. Founded in 2017 and based in Sunnyvale, California, it maintains offices in Silicon Valley and Detroit. The company offers an autonomous vehicle platform for simulation, validation, and deployment of advanced driver-assistance and automated driving systems, integrating AI-powered development tools with modular software architecture to help automotive manufacturers and mobility companies optimize autonomous system performance and streamline integration across diverse vehicle types and operating environments.

IperionX

Post in 2023
IperionX specializes in producing high-performance titanium alloys using patented metal technologies. The company aims to reduce energy consumption and carbon emissions during production. IperionX owns the Titan Project, a large mineral resource in Tennessee, USA, containing titanium, rare earth elements, silica sand, and zircon.

SHINE

Convertible Note in 2023
SHINE develops and deploys fusion-based technology to produce medical isotopes and neutron sources. Its processes generate molybdenum-99, a precursor to technetium-99m used in diagnostic imaging, and lutetium-177 for diagnostic and therapeutic use, along with iodine-131 and iodine-125 for thyroid treatment and brachytherapy, and xenon-133 for lung and brain imaging. The company’s systems also provide neutron sources for industrial imaging, radiation-effects testing, and fusion materials research. In addition to medical isotopes, SHINE aims to recycle nuclear waste and advance fusion power as a source of clean energy. The business serves health care and industrial customers worldwide. SHINE is based in Janesville, Wisconsin, with an office in Alkmaar, Netherlands.

Evozyne

Series B in 2023
Founded in 2020, Evozyne is a biotechnology company specializing in protein design using its data-driven evolution-based molecular engineering platform. Headquartered in Chicago, Illinois, the company focuses on therapeutic discovery and drug development to create novel proteins with advanced functionality.

Capital Markets Gateway

Series B in 2022
Capital Markets Gateway Inc. is a financial technology firm that specializes in modernizing the equity capital markets. Based in Chicago, Illinois, with additional locations in New York and Seattle, CMG offers a platform that provides real-time information and analytics to investors, underwriters, and issuers. Founded in 2015 and officially launched in 2017 by a team of experienced professionals, the platform enhances transparency and workflow efficiencies in capital raising activities. It enables users to monitor the capital raising landscape, conduct due diligence, and make informed investment decisions while facilitating collaboration between stakeholders. Currently, CMG's platform is utilized by over 100 buy-side firms and 10 investment banks, supporting a substantial amount of assets under management.

Farmers Business Network

Series G in 2021
Farmers Business Network is an independent agricultural technology platform that empowers farmers worldwide. It facilitates a farmer-to-farmer network, providing data-driven agronomic insights and tools for confident decision-making to ensure the economic viability of farms while promoting sustainable practices.

Aurora

Post in 2021
Aurora Innovation develops advanced software and hardware products for self-driving vehicles, aiming to transform the movement of people and goods. Founded in 2016 and headquartered in Palo Alto, California, the company operates additional offices in the Bay Area, Bozeman, Pittsburgh, and Dallas. Its primary offering, the Aurora Driver, is a scalable self-driving system capable of operating various vehicle types, including freight-hauling trucks and ride-hailing passenger vehicles. This technology supports Aurora's driver-as-a-service products, Aurora Horizon and Aurora Connect, catering to trucking and ride-hailing sectors. By integrating rigorous engineering with applied machine learning, Aurora Innovation seeks to create a comprehensive transportation ecosystem that connects automakers, logistics services, and mobility providers.

Vivid Seats

Post in 2021
Founded in 2001, Vivid Seats is an online ticket marketplace that connects fans with event ticket sellers. It facilitates the sale and purchase of tickets for sporting events, concerts, theater performances, and other live events through its portal.

Spiber

Private Equity Round in 2021
Founded in Japan in 2007, Spiber specializes in designing and manufacturing protein-based materials, notably spider silk. Serving industries such as apparel and automotive, the company uses microbial fermentation to produce its Brewed Protein™ polymers, contributing to animal- and plastic-free initiatives.

SHINE

Series C in 2021
SHINE develops and deploys fusion-based technology to produce medical isotopes and neutron sources. Its processes generate molybdenum-99, a precursor to technetium-99m used in diagnostic imaging, and lutetium-177 for diagnostic and therapeutic use, along with iodine-131 and iodine-125 for thyroid treatment and brachytherapy, and xenon-133 for lung and brain imaging. The company’s systems also provide neutron sources for industrial imaging, radiation-effects testing, and fusion materials research. In addition to medical isotopes, SHINE aims to recycle nuclear waste and advance fusion power as a source of clean energy. The business serves health care and industrial customers worldwide. SHINE is based in Janesville, Wisconsin, with an office in Alkmaar, Netherlands.

Cano Health

Post in 2021
Cano Health operates primary care centers across Florida, Texas, Nevada, and Puerto Rico, specializing in value-based care for seniors. Its population health management programs include wellness activities, pharmacy services, home visits, telehealth, transition of care, and high-risk/complex care management.

Tenstorrent

Series C in 2021
Tenstorrent designs and manufactures AI hardware and software for data processing and machine learning tasks. The company develops application-specific integrated circuit processors that enable scalable deep learning, with architectures designed to be software-programmable and adaptable from battery-powered IoT devices to cloud servers. Its processors target training and inference workloads, delivering computational performance for developers and researchers in artificial intelligence. Founded in 2016, Tenstorrent is based in Toronto with an additional office in Austin, Texas.

AppHarvest

Post in 2021
AppHarvest, Inc. is a food production company based in Lexington, Kentucky, established in 2017. It focuses on building and operating controlled-environment greenhouse farms that utilize advanced technology to grow non-GMO, chemical-free vegetables. By combining traditional agricultural practices with modern innovations, AppHarvest aims to create a sustainable and climate-resilient food system. The company's greenhouses are designed to optimize water usage, distributing more while significantly reducing overall consumption. Through its efforts, AppHarvest seeks to address the challenges of food production in a changing climate, contributing to a more sustainable agricultural landscape.

ThoughtWorks

Private Equity Round in 2021
Founded in 1993, ThoughtWorks is a global technology consultancy that combines strategy, design, and software engineering to help organizations succeed as modern digital businesses. It offers services such as enterprise modernization, platform and cloud solutions, customer experience design, and product development.

Rush Street Interactive

Post in 2020
Rush Street Interactive is a prominent provider of online casino and sports betting services in the United States. The company operates an omnichannel platform that supports land-based sportsbooks at various locations, including Rivers Casino in Pittsburgh, Philadelphia, Schenectady, and Des Plaines, as well as French Lick Casino in Indiana. Through this integrated approach, Rush Street Interactive aims to enhance the gaming experience for customers by offering a seamless transition between online and physical betting environments.

Lordstown Motors

Post in 2020
Lordstown Motors is an automotive company specializing in the development and manufacture of light-duty electric trucks, primarily for fleet customers.

Alkami Technology

Venture Round in 2020
Alkami Technology provides cloud-based digital banking solutions for credit unions and banks through its Alkami Digital Banking Platform, a SaaS offering designed to onboard and engage both retail and business users, accelerate revenue, and improve operational efficiency via a true cloud, multi-tenant architecture. The platform supports retail features such as P2P payments, card controls, alerts, account aggregation, rewards, personal finance management, and analytics, along with business banking capabilities like payroll, wires and payments, and sub-user permissions, plus integrated mobile banking and marketing tools. It also includes an integrated content management system for one-to-one product marketing and cross-sell opportunities, and covers marketing, bill pay, and other core digital banking functions. Alkami was founded in 2007 and is headquartered in Plano, Texas.

SHINE

Series C in 2020
SHINE develops and deploys fusion-based technology to produce medical isotopes and neutron sources. Its processes generate molybdenum-99, a precursor to technetium-99m used in diagnostic imaging, and lutetium-177 for diagnostic and therapeutic use, along with iodine-131 and iodine-125 for thyroid treatment and brachytherapy, and xenon-133 for lung and brain imaging. The company’s systems also provide neutron sources for industrial imaging, radiation-effects testing, and fusion materials research. In addition to medical isotopes, SHINE aims to recycle nuclear waste and advance fusion power as a source of clean energy. The business serves health care and industrial customers worldwide. SHINE is based in Janesville, Wisconsin, with an office in Alkmaar, Netherlands.

Taysha Gene Therapies

Series B in 2020
Taysha Gene Therapies develops adeno-associated virus-based gene therapies to treat monogenic diseases of the central nervous system. Its pipeline includes treatments for GM2 gangliosidosis, CLN1 disease, Rett syndrome, SLC6A1 haploinsufficiency disorder, and Surfeit locus 1 deficiency. The company collaborates with The University of Texas Southwestern Medical Center to develop and commercialize transformative gene therapy treatments.

Farmers Business Network

Series F in 2020
Farmers Business Network is an independent agricultural technology platform that empowers farmers worldwide. It facilitates a farmer-to-farmer network, providing data-driven agronomic insights and tools for confident decision-making to ensure the economic viability of farms while promoting sustainable practices.

Capital Markets Gateway

Series B in 2020
Capital Markets Gateway Inc. is a financial technology firm that specializes in modernizing the equity capital markets. Based in Chicago, Illinois, with additional locations in New York and Seattle, CMG offers a platform that provides real-time information and analytics to investors, underwriters, and issuers. Founded in 2015 and officially launched in 2017 by a team of experienced professionals, the platform enhances transparency and workflow efficiencies in capital raising activities. It enables users to monitor the capital raising landscape, conduct due diligence, and make informed investment decisions while facilitating collaboration between stakeholders. Currently, CMG's platform is utilized by over 100 buy-side firms and 10 investment banks, supporting a substantial amount of assets under management.

Shattuck Labs

Series B in 2020
Shattuck Labs is a clinical-stage biotechnology company focused on developing therapeutics for cancer and autoimmune diseases. Its proprietary Agonist Redirected Checkpoint (ARC) platform enables the creation of novel fusion proteins with applications in oncology and immunology. The company's lead program, SL-279252, is being studied in Phase I trials for advanced solid tumors and lymphoma, in collaboration with Takeda Pharmaceuticals.

Clover Health

Venture Round in 2020
Founded in 2014, Clover Health is a healthcare company specializing in Medicare Advantage plans for seniors. It operates a Preferred Provider Organization platform that uses analytics and care management to improve member health and reduce avoidable spending.

Kitchen United

Series B in 2019
Kitchen United, Inc. is a food production company based in Pasadena, California, founded in 2017. It specializes in offering shared commercial kitchen spaces designed for restaurants, catering services, pop-ups, mobile food vendors, and startups. By providing turnkey solutions and business intelligence resources, Kitchen United enables food service providers to expand their operations with minimal financial risk. The company facilitates food production for pick-up and delivery, catering to the growing demand for convenient dining options. Kitchen United operates multiple locations across major cities, including Austin, Chicago, Los Angeles, San Francisco, New York City, and Scottsdale, thereby supporting a diverse range of culinary entrepreneurs in realizing their business potential.

ErisX

Series B in 2018
ErisX is a Chicago-based company founded in 2018 that operates an online trading platform focused on the digital asset market. It offers both spot and futures contracts, facilitating easy access for users to exchange cryptocurrencies. The platform integrates advanced technology to create a reliable and compliant environment for trading, deposits, and withdrawals. By leveraging its digital asset exchange and clearinghouse capabilities, ErisX aims to streamline capital markets workflows, providing clients with a robust infrastructure for their trading needs.

Cynata

Post in 2018
Cynata Therapeutics Limited is an Australian company focused on developing and commercializing its proprietary Cymerus™ mesenchymal stem cell technology for therapeutic applications. The company’s lead product candidate, CYP-001, has completed Phase I clinical trials aimed at treating graft versus host disease. In addition to this, Cynata is exploring treatments for various conditions such as asthma, heart attack, diabetic wounds, coronary artery disease, and acute respiratory distress syndrome, among others, which are currently in preclinical stages. The Cymerus technology utilizes induced pluripotent stem cells (iPSCs) derived from adult donors, enabling the efficient and scalable production of mesenchymal stem cells. This innovative approach addresses existing limitations in stem cell manufacturing, allowing for virtually limitless quantities of therapeutic cells without the need for continuous donor sourcing. Cynata collaborates with several prestigious institutions, including Monash University and Massachusetts General Hospital, to advance its research and development efforts. Founded in 2011 and based in Carlton, Australia, Cynata is positioned to significantly contribute to the field of regenerative medicine.

Oscar Health

Venture Round in 2018
Oscar Health is a health insurance company based in New York, founded in 2012 by Joshua Kushner, Kevin Nazemi, and Mario Schlosser. It specializes in offering individual and family health insurance plans, Medicare Advantage programs for seniors, and small group products. Oscar Health aims to enhance the healthcare experience by leveraging technology, design, and data to make services more accessible and user-friendly. The company primarily serves individuals, couples, and families who do not receive employer-sponsored health insurance in select states, including New York, New Jersey, California, and Texas. In addition to traditional insurance offerings, Oscar provides virtual care, doctor support, and appointment scheduling, emphasizing a comprehensive approach to healthcare management.

Oscar Health

Private Equity Round in 2016
Oscar Health is a health insurance company based in New York, founded in 2012 by Joshua Kushner, Kevin Nazemi, and Mario Schlosser. It specializes in offering individual and family health insurance plans, Medicare Advantage programs for seniors, and small group products. Oscar Health aims to enhance the healthcare experience by leveraging technology, design, and data to make services more accessible and user-friendly. The company primarily serves individuals, couples, and families who do not receive employer-sponsored health insurance in select states, including New York, New Jersey, California, and Texas. In addition to traditional insurance offerings, Oscar provides virtual care, doctor support, and appointment scheduling, emphasizing a comprehensive approach to healthcare management.

ViewRay

Post in 2015
ViewRay, Inc. is a medical technology company that specializes in designing, manufacturing, and marketing advanced radiation therapy systems for cancer treatment. Its flagship product, MRIdian, is a magnetic resonance image-guided radiation therapy system that simultaneously images and treats cancer patients. By integrating MRI technology with radiation delivery and proprietary software, MRIdian enhances the precision of radiation therapy. It can accurately locate and target soft-tissue tumors while minimizing exposure to surrounding healthy tissue. This capability allows clinicians to treat patients who might not have been suitable candidates for traditional radiation therapy, ultimately leading to improved safety and effectiveness in treatment outcomes. Headquartered in Oakwood, Ohio, ViewRay serves a diverse range of healthcare institutions, including university research hospitals, community hospitals, and freestanding cancer centers, and operates both domestically and internationally. The company was founded in 2004.

Recurly

Series B in 2014
Recurly, Inc. is a provider of enterprise-class subscription management and billing solutions aimed at optimizing revenue growth for businesses across various industries, including digital media, streaming, publishing, SaaS, consumer goods, and professional services. Founded in 2009 and headquartered in San Francisco, California, with additional offices in Boulder, Colorado, and New Orleans, Louisiana, Recurly simplifies the complexities of subscription billing and revenue optimization. Its platform facilitates recurring billing automation, offering features such as customizable hosted billing pages, account management services, and actionable insights to enhance decision-making. By reducing subscriber churn and improving operational efficiency, Recurly enables businesses to quickly integrate payment solutions and focus on growth. The company is also a Level 1 PCI compliant service provider, which minimizes costs associated with PCI compliance for its clients.

Mu Sigma

Funding Round in 2013
Mu Sigma is a data analytics company that develops decision‑support tools and software for large enterprises. It offers marketing analytics—including segmentation, prospecting, churn modeling, and marketing mix optimization—risk analytics such as credit scoring, fraud detection, and loss‑ratio analysis, and supply‑chain analytics covering demand forecasting, inventory management, and logistics optimization. The firm serves clients across airlines, hospitality, entertainment, pharmaceuticals, healthcare, banking, financial services, insurance, consumer packaged goods, retail, technology, and telecom sectors. Founded in 2004, Mu Sigma is headquartered in Bengaluru, India, and provides services to Fortune 500 organizations worldwide.

Groupon

Series D in 2011
Groupon is a global online marketplace that connects consumers with merchants by offering discounted deals on goods and services across categories such as events, travel, dining, beauty, home, and merchandise. The platform operates through websites and mobile apps, enabling users to browse, purchase, and redeem deals, and to discover experiences, getaways, and discounted products. Groupon provides merchants with deal campaigns, payment processing features, and point-of-sale solutions, earning revenue primarily through commissions on transactions conducted via its marketplace and digital coupons. The company operates primarily in North America and internationally through a network of local and national partners, delivering a daily deals and discounts model that positions it as a middleman between shoppers and businesses.

Acrisure

Founded in 2005, Acrisure is a leading U.S.-based insurance brokerage company specializing in property and casualty, benefits, and specialty lines for medium to large commercial clients.
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