FundVintage 2023Updated Mar 19, 2024
P

Partners for Growth VII

Partners for Growth VII is a venture debt fund managed by Partners for Growth, based out of Tiburon California.

About This Fund

Partners for Growth VII is a venture debt fund managed by Partners for Growth, based out of Tiburon California. With a fund size of over $325 million, Partners for Growth VII provides investors with an opportunity to gain exposure to fast-growing and high-potential mid-market companies across a variety of sectors.

The fund has the support of Saudi Arabia PIF's Jada Fund of Funds with an investment of $52 million. Through this commitment, Jada ensured that the fund invests in Saudi Arabia's entrepreneurship ecosystem. Partners for Growth has already provided debt financing to some of Saudi’s leading startups, including homegrown BNPL unicorn Tabby and digital freight network Trukker.

Partners for growth offers fully customized debt capital solutions for high growth technology-based companies:

- Revenue: $5-150MM or Asset Portfolios of $5MM+

- Loans: $1-50MM

- Debt Structure: Term Loans, Asset-Backed Warehouse Facilities, Lines of Credit, Royalty or Revenue Based Financing

PFG Transaction Requirements:

- Security in all assets (senior or subordinate)

- Equity participation (stock warrants/conversion)

- Financial covenants

Fundraising Details

Currency
USD
Final Close Date
Dec 15, 2023
Total Raised to Date
$325M

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