Wingman Growth Partners Closes $215 Million Inaugural Fund
Wingman Growth Partners announced in a press release the closing of its inaugural Wingman Growth Partners Fund I at its $215 million hard cap. The fund exceeded its initial $150 million target by more than 40 percent and closed in less than one year.
The fund attracted investments from endowments, family offices, foundations, and funds of funds across North America and other regions. It will focus on building a concentrated portfolio of six to eight companies in software, data, and financial technology.
Wingman plans to invest in founder-led technology businesses that use proprietary intellectual property and domain expertise, particularly those positioned to apply AI to improve customer value. The firm’s team has over 50 years of collective experience in software investing and operations.
Earlier this year, Wingman invested in InterProse, a provider of cloud native software for accounts receivable management, and acquired Beam Software to combine their technology platforms. Kirkland & Ellis LLP served as legal advisor, and Strathmore Group acted as placement agent for the fund.
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