Elsewhere Partners

Elsewhere Partners is a venture capital firm based in Austin, Texas, that focuses on growth-stage investments in capital-efficient B2B software companies. Established in 2017, the firm targets businesses in sectors such as IT infrastructure, DevOps, FinTech, and healthcare, particularly those located outside traditional venture capital hubs. Elsewhere Partners typically seeks to invest in companies generating at least $4 million in run-rate revenue, demonstrating a minimum of 40% revenue growth, and having received less than $10 million in prior investment. The firm's investment strategy emphasizes supporting entrepreneurs in various cities, including Boulder, Denver, Charlotte, Chicago, Dallas, and several others across the United States and Canada. Additionally, Elsewhere Partners manages multiple growth expansion funds, including Elsewhere Partners BG Fund and Elsewhere Partners II, which further support its investment activities.

Sloane Child

Principal

John Doyle

Vice President

Tommy Hayes

Investor

Michelle Henley

Investor

Meaghan Mahoney

Associate

Michele Perry

Operating Partner

Nick Stoffregen

Principal

Ryan Wallace

Investor

17 past transactions

greymatter.io

Series A in 2022
Founded in Old Town Alexandria, Virginia in 2014, Decipher is a rapidly growing mesh platform company supporting the US Government and private sector. Decipher Technology Studios produces Grey Matter, the intelligent mesh platform for enterprise microservice, container, and hybrid cloud operations and management. Our platform delivers reliable secure network performance, service level management and business intelligence, resource control, automation, and cost efficiency for the enterprise. Grey Matter is a pathway to enterprise modernization and cost control, providing interlacing service control, data management, and neural net functions designed to optimize enterprise distributed systems ROI and TCO. Grey Matter facilitates the management of distributed microservice workloads, controls network traffic, and smartly scales infrastructure to meet business demands. The capture and analysis of over 100 telemetry types powers onboard service level management and control. Our customers rely on Grey Matter’s speed, security, and reliability for critical distributed cloud management and data discovery, storage, and global sharing requirements. An industrial AI software pathway to intent-based networking and AIOps, the platform is also designed to optimize enterprise network availability and performance through AI neural network analysis, enabling AIOps for contextual awareness and intelligent network monitoring.

Portnox

Series A in 2022
Founded in 2007, Portnox is a market leader for network access control and management solutions that scale from small to medium businesses through to large-scale government and enterprise organizations. By spanning the diversity of network technologies and devices in-use today, the Portnox platform allows companies to grow, optimize and evolve their infrastructure while ensuring security and compliance. The IT landscape of today continues to challenge organizations to accommodate an ever changing landscape of users, devices, locations and environments. As the variety and complexity grows, the challenge to maintain policy and compliance while delivering productivity and efficiency amplifies.

Backbox

Series A in 2021
BackBox is a leading provider of automated backup and recovery solutions specifically designed for security and network devices. The platform allows businesses to simplify the management of device configurations through a centralized application that features a user-friendly dashboard. Users can schedule automatic backups and receive alerts if any backups are missed, ensuring consistent data protection. Additionally, BackBox verifies the success of backup operations, enhancing reliability. The company's offerings extend beyond backup and recovery, encompassing inventory management, network visualization, task automation, and access management, all aimed at reducing complexity and improving operational efficiency for organizations.

Sellers Shield

Series A in 2021
Developer of a SaaS-based risk management platform designed for the real estate industry. The company specializes in developing a digital platform for real estate disclosure forms that reduces the likelihood of lawsuits for sellers, agents, and brokers and provides legal protection for home sellers when a lawsuit occurs, enabling its clients to cut broker legal and insurance costs.

The Mentor Method

Seed Round in 2021
The Mentor Method is a social enterprise that provides curated mentor matches, connecting the next generation of tech leaders with change-making mentors at the top of their game. ​ Their process focuses on people and value-fit first, to foster authentic, lasting connections. The result is stronger teams and inclusive workplace cultures. ​ They started The Mentor Method because they wanted to create a world where minorities and women in tech are viewed as assets, not a way to check a box.

Itential

Series B in 2021
Itential, LLC provides information technology and networking solutions. The company's services include, network automation, Pronghron platform, and advisory services. It provides Golden Configuration Manager, MOP Automation, Service Management, Pronghorn Applications software solutions. The company was founded in 2014 and is headquartered in Atlanta, Georgia.

Tasktop

Private Equity Round in 2021
Tasktop Technologies, Inc. specializes in automated integration technologies and value stream management solutions that enhance software development processes. Founded in 2007 and headquartered in Vancouver, Canada, with additional offices in Austin, Boston, and London, Tasktop provides a range of tools designed to improve synchronization, reporting, and analytics for organizations. Its flagship offerings include Tasktop Sync for enterprise-scale synchronization of development tools, Tasktop Data for enhanced reporting capabilities, and Tasktop Dev, which supports time tracking and documentation. The platform enables enterprises to gain real-time visibility into their product value streams, facilitating better decision-making and alignment with business objectives. Tasktop’s solutions are utilized across various industries, including financial services, insurance, government, and manufacturing, leveraging existing tools to optimize workflows and foster collaboration among development, testing, and management teams.

Airbrake

Venture Round in 2020
Airbrake Technologies, Inc. specializes in error monitoring and performance tracking for software applications. Founded in 2008 and based in San Francisco, California, the company offers a robust platform that allows engineering teams to capture, organize, and alert on software exceptions, significantly streamlining the process of identifying and resolving bugs. Airbrake's application collects detailed error reports, correlates them with software deployments, and aggregates the results for analysis, enabling technical teams to deploy updates with confidence. The service is utilized by thousands of engineering teams globally, including notable clients such as Zendesk, Groupon, and Soundcloud, handling over 600 million errors monthly. Airbrake operates as a subsidiary of Exceptional, Inc., enhancing its capabilities in providing development tools and workflows for seamless integration.

OpsCompass

Series A in 2020
OpsCompass is a cloud intelligence platform designed to assist organizations in optimizing their multi-cloud deployments while managing costs and compliance. Founded in 2016 and based in Omaha, Nebraska, the company offers software that automatically monitors cloud resources, providing real-time insights to identify potential issues before they escalate. By simplifying cloud operations and integrating seamlessly with existing processes, OpsCompass empowers technical and management personnel to automate and enforce security policies without requiring specialized expertise. The platform delivers point-in-time visibility into cloud infrastructure, facilitating effective cost management and enhancing overall operational efficiency.

BurstIQ

Series A in 2019
BurstIQ, LLC is a healthcare blockchain data company that specializes in providing a comprehensive platform for the secure management and exchange of health data. Established in 2014 and based in Denver, Colorado, BurstIQ offers a HIPAA- and GDPR-compliant solution that integrates blockchain technology, big data, and machine intelligence. Its services include HealthWallet for facilitating partnerships and collaborations, LifeGraph for consolidating health data, and BurstChain, which serves as a blockchain framework for handling health datasets. The platform enables individuals and various healthcare stakeholders—such as providers, insurers, digital health companies, and government entities—to connect, share data securely, and gain insights into health-related factors. By promoting granular data ownership and consent, BurstIQ supports a global network that enhances collaboration and innovation in the healthcare sector.

Vyopta

Series B in 2019
Vyopta Incorporated specializes in developing and delivering a cloud-based collaboration analytics platform aimed at enhancing video and web collaboration for large enterprises. The platform enables organizations to monitor, support, and optimize their unified collaboration networks, offering insights into conference room usage and facilitating issue resolution. Key products include vAnalytics, which improves video conferencing performance, and Analytics for Webex, designed to manage costs and enhance adoption of Webex. Vyopta serves a diverse range of industries, including healthcare, technology, financial services, education, and government. Founded in 2007 and headquartered in Austin, Texas, the company provides tools that simplify management, reduce costs, and improve the overall quality of collaboration, ultimately helping clients maximize their technology and real estate investments.

ActivTrak

Series A in 2019
ActivTrak is a provider of cloud-based user activity monitoring solutions that enable organizations to gain insights into employee behavior and productivity. The platform delivers analytics that help businesses understand how their workforce operates in various environments, including in-office, remote, and hybrid settings. By analyzing digital activity data, ActivTrak reveals workplace patterns and trends, allowing clients to establish benchmarks, track progress, and optimize outcomes. With over 5,000 customers globally and a significant number of users on its free version, the platform can be quickly configured to offer immediate visibility into user activities. ActivTrak aims to support organizations in achieving their security, compliance, and productivity objectives while fostering employee engagement and performance.

Foresite

Venture Round in 2019
Foresite MSP, LLC specializes in information security and network solutions, catering to businesses across various sectors, including legal, finance, healthcare, and education. Founded in 1997 and headquartered in East Windsor, Connecticut, with operational centers in Kansas and London, the company offers a comprehensive suite of managed services, including security monitoring, incident response, and IT management. Foresite's ProVision Platform enhances asset management and system inventory oversight, providing analytics, reporting, and incident tracking capabilities. Additionally, Foresite conducts security testing, compliance assessments, and architecture integration to help organizations navigate complex regulatory requirements and cyber threats. By leveraging its expertise, Foresite empowers clients to proactively safeguard their digital assets, ensuring regulatory compliance and enhancing overall security posture.

Relatient

Funding Round in 2018
Patient Engagement and Population Health solutions that live in the cloud. They put your EHR and PM data to its highest use, by automating patient outreach, promoting healthy living, and reminding patients of all things health on timely custom intervals.

Statflo

Series A in 2018
Statflo Inc. develops and delivers one-to-one business text messaging platform for customer-facing teams. Its platform uses data and analytics to help wireless dealers. The company also offers monthly commissions data and reconciliation with POS systems; real-time dashboard reporting; alerts; NPS surveys via SMS; and secure data cloud for customers. Statflo Inc. was founded in 2012 and is headquartered in Toronto, Canada with an additional office in San Francisco, California.

Itential

Venture Round in 2017
Itential, LLC provides information technology and networking solutions. The company's services include, network automation, Pronghron platform, and advisory services. It provides Golden Configuration Manager, MOP Automation, Service Management, Pronghorn Applications software solutions. The company was founded in 2014 and is headquartered in Atlanta, Georgia.

Tasktop

Series A in 2014
Tasktop Technologies, Inc. specializes in automated integration technologies and value stream management solutions that enhance software development processes. Founded in 2007 and headquartered in Vancouver, Canada, with additional offices in Austin, Boston, and London, Tasktop provides a range of tools designed to improve synchronization, reporting, and analytics for organizations. Its flagship offerings include Tasktop Sync for enterprise-scale synchronization of development tools, Tasktop Data for enhanced reporting capabilities, and Tasktop Dev, which supports time tracking and documentation. The platform enables enterprises to gain real-time visibility into their product value streams, facilitating better decision-making and alignment with business objectives. Tasktop’s solutions are utilized across various industries, including financial services, insurance, government, and manufacturing, leveraging existing tools to optimize workflows and foster collaboration among development, testing, and management teams.
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