Sunstone Partners

Sunstone Partners is a growth equity firm founded in 2015 and headquartered in San Mateo, California. The firm focuses on technology-enabled services companies and seeks to invest in enterprise information technology, cloud services, healthcare information technology, internet, marketing services, and cybersecurity sectors across North America. Sunstone Partners engages in both sizable minority positions and control transactions, managing a fund with $310 million in committed capital. The team at Sunstone Partners previously worked together at Trident Capital, a multi-stage investment firm, bringing significant experience to their current investment strategy.

Gus Alberelli

Co-Founder and Managing Partner

Charlie Culp

Vice President

Luis Espinoza

Vice President

Will Goffe

Investment Associate

Julian Hinderling

Partner

Alex Huang

Associate

Prachi Kanabar

Principal and Head Of Portfolio Operations

Esther Kim

Vice President

Ayato Kobayashi

Investment Associate

Michael Koenig

Vice President

Arvin Kumaran

Associate

Kyle Landis

Associate

Matt Londa

Vice President

Ankur Rathi

Partner

Rahul Varkhedi

Senior Associate

Jack Wang

Principal

Patrick Wheeler

Member and Operating Partner

17 past transactions

OSF Digital

Series C in 2022
OSF Digital is a global provider of digital transformation and commerce solutions, specializing in application development, technology integration, and consulting services. The company offers a wide range of services, including custom and web application development, application testing, and integration solutions for various business applications such as CRM, ERP, and eCommerce. OSF Digital also provides consulting services focusing on business process optimization and customer support outsourcing. The firm is known for its innovative products, such as the Virtual Dressing Room, which enhances the online shopping experience. With a presence in North America, Europe, and Asia, OSF Digital partners with major technology leaders to support brands in navigating the complexities of the digital landscape. Founded in 2003 and based in Quebec, Canada, the company has expanded its operations internationally, maintaining a commitment to agile methodologies and comprehensive support for multi-cloud commerce initiatives.

Vcheck Global

Private Equity Round in 2021
Vcheck Global is a business-to-business provider specializing in due diligence, background checks, employment screening, document retrieval, and focused research on both individuals and business entities. The company emphasizes the importance of thorough investigations by producing customized research reports that distill complex data from various public and private sources into clear, actionable insights. Vcheck Global's services are particularly valuable to sectors such as commercial lending, private equity, legal, real estate, and healthcare financing, where understanding the background and credibility of clients and partners is essential. By offering comprehensive risk management and compliance solutions, Vcheck Global aids businesses in making informed decisions and maintaining productive operations.

Cardior

Series B in 2021
Cardior Pharmaceuticals GmbH is a biotechnology company based in Hanover, Germany, established in 2016. The company specializes in developing non-coding RNA-based therapeutics aimed at treating and preventing heart disease, which is a leading cause of mortality in the western world. Its primary focus is on CDR-132X, an oligonucleotide-based inhibitor that targets a specific microRNA, which serves as a molecular master switch regulating pathological changes in the heart due to stress or injury. Cardior Pharmaceuticals is committed to discovering and clinically validating innovative therapies that address the underlying causes of cardiac dysfunction, ultimately striving to improve patients' health and quality of life.

MeetingPlay

Private Equity Round in 2021
MeetingPlay is your event mobile app - Meeting Play's primary focus is transforming our innovative and scalable event app platform into your company or organization's personalized brand platform.We are merely the framework and the force behind the scenes, your company or organization is fully in control of the look, content, delivery, utilization and analysis! Our mission is to provide you the opportunity to make an enormous impact during your event. Even perfectly coordinated agendas, gifted keynote speakers and sponsors are not enough to ensure participants make the most of their time at your conference. However, when you back your expert planning with the kind of powerful, responsive technology that makes up Meeting Play's mobile apps for events, you will make lasting impressions!

Cerna Solutions

Acquisition in 2021
Cerna Solutions specializes in IT consulting and technology services, focusing on process management and innovation. The company aims to enhance how organizations utilize the ServiceNow platform, helping them protect their investments while automating business processes. By leveraging innovative technology, Cerna Solutions enables clients to align their operational processes with revenue-generating activities, ultimately adding value to their organizations.

Evergreen Systems

Acquisition in 2021
Evergreen was founded in 1997 with the focus of helping large, complex organizations improve the way they run IT. They have worked with hundreds of upper mid-market and enterprise sized organizations in both public and private sectors, across all industry verticals. While their expertise includes all the traditional ITSM / ITIL practices areas, it goes beyond that as the principles of end to end service management are now being adopted outside of IT, in shared services such as HR, Facilities and Legal, and even customer facing with Customer Service Management. They leverage ServiceNow as a platform of choice for Service Management, not because of its strong ITSM functionality, but because it is a powerful and easy to use, forms based workflow platform. This enables us to help their customers deliver end-to-end customer services, and smooth and simplify service delivery across the enterprise – aligned closely with the customer. They have both technical and consulting skills in Evergreen, as both are needed to deliver complete solutions, properly aligned with strategic and business value goals. In 2013 they began developing a “customer-centric” approach to IT service management, by studying and applying the principles of modern, customer experience companies such as Amazon, Zappos and Airbnb. Today, over 100 projects later, they bring this approach to all their work. Thinking “customer in rather than provider out” significantly increases the value to the customer – across all service management disciplines.

Novoscale

Acquisition in 2021
Novoscale offers an enterprise cloud application management system that integrates certified engineers with automation to streamline cloud support for businesses worldwide. By combining on-demand engineering expertise with automated processes, Novoscale enables companies to quickly build scalable cloud support teams, effectively control costs, and simplify the management of cloud applications. The company focuses on reducing inefficiencies, redundancies, and waste in the cloud journey, ensuring a seamless experience for its customers. Through its comprehensive solutions, Novoscale aims to enhance the performance of cloud applications and provide prompt support, ultimately making cloud management more effective and accessible for enterprises.

Cloudbakers

Acquisition in 2020
Cloudbakers, LLC is a cloud solutions provider that specializes in offering cloud-based software-as-a-service products to mid-market businesses. Founded in 2010 and headquartered in Chicago, Illinois, with an additional office in Denver, the company delivers a range of applications including Google Workspace, Microsoft O365, Google App Engine, and Zoho CRM. Their services encompass technical migration, configuration, training, support, change management, integration, and cloud application development. Cloudbakers also provides managed services and custom application development to enhance business processes and communication. The company serves various industries, including logistics, media, food and beverage, hospitality, manufacturing, and education, helping organizations optimize their operations and improve efficiency through innovative cloud solutions.

RSource, LLC

Private Equity Round in 2020
RSource, LLC is a Boca Raton, Florida-based company that specializes in receivables management and revenue cycle management services for hospitals and health systems. Founded in 2008, RSource focuses on addressing complex claims issues, including denials and underpayments, as well as handling accident claims, low balance recovery, and denial prevention. The company customizes its solutions to enhance cash collections, providing cost-effective programs that improve accounts receivable for healthcare providers across the nation. Through its expertise in financial classes and problem claims, RSource aims to maximize the efficiency and effectiveness of revenue cycles in the healthcare industry.

Med Tech Solutions (MTS)

Private Equity Round in 2020
Med Tech Solutions is a Cloud computing company that works exclusively with healthcare organizations. Founded in 2006, Med Tech Solutions' mission is to reduce the cost and complexity of health IT.

Nexa

Private Equity Round in 2018
We specialize in providing excellent customer experiences with tech-centered solutions lead by our industry trained virtual receptionists. We've been particularly successful serving companies in the medical, home services, and technology industries with our bilingual answering, CRM integration, lead qualification, and appointment scheduling capabilities, 24/7/365. For the last 30 years, we've saved our customers time, money, and become true partners in their business. Nexa primarily provides call answering, scheduling, and lead qualification 24/7/365 to small and medium-sized clients located across the U.S. Nexa has clients in the legal, medical, commercial, and home services industries, as well as professional service markets. Our mission is to improve sales prospects and the customer experience of all of our clients while saving them time and money.

Answer1

Private Equity Round in 2018
Answer 1’s goal is to help its clients increase revenue, decrease costs, and improve brand experience and interaction with their customers. We do this by providing 24/7/365 virtual receptionist services, which includes live phone answering, scheduling, email monitoring and administrative data entry, among other things.

ProgenyHealth

Private Equity Round in 2018
ProgenyHealth, Inc. specializes in neonatal care coordination services aimed at addressing the health care needs of infants in intensive care nurseries. Established in 2004 and headquartered in Conshohocken, Pennsylvania, the company collaborates with health plans, government agencies, and employer groups to enhance health outcomes for premature and medically complex newborns. Their experienced team, consisting of neonatologists, pediatricians, and NICU nurses, provides comprehensive care management from the hospital through to the first year of life, ensuring continuity and support for families. ProgenyHealth emphasizes evidence-based medicine, with its Medical Advisory Board of board-certified neonatologists continually updating care guidelines based on the latest research. This approach not only aims to improve infant health but also seeks to reduce healthcare costs and readmission rates for families.

Onica

Corporate Round in 2017
Onica is a cloud consulting and managed services company that assists businesses in leveraging cloud technology to enhance operations and drive innovation. The company offers a comprehensive range of services, including migration strategy, cloud-native development, data analytics, and cost optimization. By focusing on operational excellence and immersive transformation, Onica helps clients address their specific challenges and maximize the efficiency and productivity of their cloud environments. Through its expertise, Onica enables organizations to realize the full value of cloud solutions, ultimately supporting their growth and success.

NetSPI

Private Equity Round in 2017
NetSPI specializes in providing comprehensive threat and vulnerability management solutions, focusing on penetration testing and cybersecurity services. With over 15 years of expertise, the company uses its CorrelatedVM™ platform to offer a blend of managed services, application assessments, network assessments, and advisory services. This approach enables organizations in sectors such as financial services, healthcare, technology, and retail to proactively identify, address, and prevent security threats. By implementing manual penetration testing and leveraging automation, NetSPI helps clients enhance their cybersecurity posture and protect critical assets from potential disruptions. The combination of skilled personnel, effective processes, and advanced technology allows for improved visibility and the eradication of security blind spots across enterprise environments.

RFRSH ApS

Venture Round in 2016
RFRSH ApS is an esports marketing and media rights company based in Copenhagen, Denmark, founded in 2016. The company specializes in developing commercial and marketing strategies for esports teams, particularly focusing on the popular game Counter-Strike. RFRSH ApS collaborates with a range of established organizations and emerging player-owned teams to enhance their brand visibility and sports performance. By representing the commercial and media rights of these teams, RFRSH connects them with leading global brands for sponsorship and marketing agreements, thereby facilitating their growth and success in the competitive esports landscape.

UserZoom

Series A in 2015
UserZoom is a global leader in online user experience research and remote usability testing for web-based products and mobile applications. The company automates UX research, enabling businesses to obtain critical insights that enhance digital user experiences and positively influence their performance. By offering a comprehensive solution that combines software, services, and participant sourcing, UserZoom allows organizations to test, benchmark, and measure the user experience of any digital product across various development stages and devices. This all-in-one platform empowers enterprises to conduct UX research independently, regardless of team size or expertise. Notably, six of the world's ten largest public companies utilize UserZoom's services to improve their digital offerings.
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