L2 Point Management

L2 Point Management is a San Francisco-based private equity firm founded in 2019 that specializes in providing innovative capital solutions for growth companies. The firm focuses on addressing the challenges faced by late-stage companies, particularly the need for alternative cost of capital options that fall between dilutive growth equity and restrictive debt. L2 Point Management targets investments in various sectors, including business-to-business, business-to-consumer, healthcare, and information technology. As a Registered Investment Adviser, the firm leverages its expertise across the capital structure to support the growth and development of its portfolio companies.

Danielle Beyer

COO

Kerstin Dittmar

Founder, Chief Investment Officer and Managing Partner

Jake Lee

Principal

Steve Santora

Principal

3 past transactions

SimSpace

Venture Round in 2023
SimSpace is an early-stage cybersecurity software company that specializes in network emulation and modeling tools designed for realistic cyber training, assessment, and hardening. Its flagship Cyber Range software suite enables organizations to efficiently clone their production networks, allowing security and risk management teams to conduct training, assess vulnerabilities, and refine response strategies using realistic usage models and simulated user environments. Additionally, SimSpace offers a platform that provides automated evaluations for identifying and detecting data threats, including malware and ransomware attacks. This platform helps organizations calculate their cyber risks, empowering clients to understand their current vulnerabilities and take proactive measures to mitigate them through military-style cyber exercises.

Wasabi

Series D in 2022
Wasabi Technologies, Inc. is a Boston-based company that offers a cloud storage platform tailored for hybrid and multi-cloud media workflows. Founded in 2016, Wasabi provides hot storage solutions that utilize an Amazon S3 compatible API, enabling organizations to store and access data quickly, with average time-to-first-byte speeds under 15 milliseconds. The company's platform is designed to be simple and affordable, allowing customers to access unlimited data without complex pricing tiers or unpredictable egress fees. Wasabi's services cater to various industries, including media and entertainment, education, scientific research, law enforcement, healthcare, and energy. The company has gained recognition for its rapid growth and innovative approach to cloud storage, serving tens of thousands of customers worldwide.

Up&Up

Series B in 2021
Up&Up is a New York-based real estate company founded in 2017 that offers a platform for fractional homeownership. This innovative approach allows renters to invest in their homes upfront, enabling them to benefit from home price appreciation while building equity through portions of their rent payments. By making every resident a part-owner of their chosen home, Up&Up provides a more accessible and flexible alternative to traditional rental models. The company aims to enhance the rental experience by offering financial benefits typically associated with homeownership, while also preserving the convenience and ease of renting.
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