Riverside Acceleration Capital (RAC)

Riverside Acceleration Capital (RAC) is a growth capital firm specializing in B2B software companies at expansion stages. The firm offers flexible investment options including growth equity for businesses with $4M+ ARR and strong unit economics, typically investing $10M-$40M, and non-dilutive growth lending via revenue-based financing for companies with $2.5M+ ARR and 20%+ growth, ranging from $1M-$5M. Beyond capital, RAC provides comprehensive support through its Acceleration Program, direct engagement, a strategic advisory board of industry veterans, specialized toolkits, recruiting services, and access to the global Riverside Network, all designed to accelerate scaling and operational efficiency.

RAC operates as the small-cap private equity arm of The Riverside Company, a global investment firm founded in 1988 with over 980 investments and a portfolio exceeding 150 companies. Leveraging Riverside's decades of experience in growing small businesses, RAC was established to address the unique needs of scaling B2B software firms with tailored capital structures that prioritize alignment, minimize dilution, and support long-term value creation across multiple funding rounds.

The firm's portfolio includes notable B2B software companies such as FURTHER, which optimizes prospect engagement for real estate and home healthcare; Gravitee; Consensus; Masterplan.com; Convertr for marketing data optimization; CreditLogic for financial services data management; CustomerGauge for B2B account experience; Fundcraft for fund administration; Goby for ESG management; Pypestream for conversational self-service; Quivers for omni-channel retail; and Rabbet for construction lending. RAC has backed 54 companies across 10 countries, often providing repeat investments.

RAC's team comprises experienced professionals with deep B2B software backgrounds, led by Managing Partner Jim Toth, Partners Jonathan Drillings, Zak Ray, and Christian Stein, Vice President Aakash Patel, Data Associate Thomas Li, and Analyst Isabel Sessions. Supported by Riverside's global platform with offices in the US and Germany, the team delivers hands-on strategic and operational expertise to portfolio companies.