Cross Creek

Cross Creek is an independently owned venture capital firm based in Salt Lake City, Utah, specializing in bridging the gap between private and public markets. The firm focuses on late-stage growth equity investments and also employs a fund-of-funds strategy, targeting companies poised for transition from private to public ownership. With a significant track record, Cross Creek aims to identify and support innovative companies with sustainable growth prospects, leveraging its expertise to guide them through the complexities of public offerings and acquisitions.

Founded in 2006 by Karey Barker, Cross Creek initially operated within Wasatch Advisors before becoming an independent entity in 2012. Barker, who previously managed small-cap public growth funds at Wasatch, recognized the increasing trend of private companies going public later in their life cycles. She established Cross Creek to capture value creation earlier in this process, building a firm dedicated to late-stage venture-backed companies and top-tier venture funds.

The firm's diverse portfolio includes notable investments across various sectors. Key portfolio companies have included HubSpot, DocuSign, Angi (formerly Angie's List), Gusto, and Scopely. Cross Creek's investment focus spans healthcare technology, marketplaces and consumer internet, enterprise software, cybersecurity, and manufacturing and supply chain. They target Series C and later funding rounds, seeking businesses with proven models, exceptional management teams, and potential for near-term liquidity.

Cross Creek's senior investment team, which has been working together since 2010, brings diverse public and private sector expertise. The team includes founding and managing partners like Karey Barker, Tyler Christenson, and Peter Jarman, alongside a dedicated group of investment professionals, investor relations specialists, and operations staff. Their collective experience and strategic guidance are integral to supporting portfolio companies and facilitating their successful transition to public markets.