Investments
77Portfolio Exits
17Funds
4Partners & Customers
1About Ballast Point Ventures
Ballast Point Ventures is a stand-alone partnership between Raymond James Financial and South Atlantic Venture Funds, with Raymond James as the lead investor. The firm provides expansion capital for rapidly growing, privately owned companies in the southeast and Texas. BPV seeks to make equity investments ranging in size from $1.0 million to $5.0 million, which result in it owning minority positions in businesses owned and operated by high caliber management teams.
Ballast Point Ventures Headquarter Location
880 Carillon Parkway
St. Petersburg, Florida, 33716,
United States
727-567-1500
Latest Ballast Point Ventures News
Jan 28, 2022
The Tampa Bay Business Journal sat down with Brea, who just raised $37 million with the help of Tampa-based Ballast Point Ventures.
Ballast Point Ventures Investments
77 Investments
Ballast Point Ventures has made 77 investments. Their latest investment was in Symphonic Distribution as part of their Series B on December 12, 2021.
Ballast Point Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
12/27/2021 | Series B | Symphonic Distribution | $37M | No | 3 | |
10/4/2021 | Series B | Key Data Dashboard | $5M | Yes | 1 | |
3/29/2021 | Series A | PaceMate | $8M | Yes | 11 | |
6/5/2020 | Series C - II | |||||
5/13/2020 | Unattributed VC |
Date | 12/27/2021 | 10/4/2021 | 3/29/2021 | 6/5/2020 | 5/13/2020 |
|---|---|---|---|---|---|
Round | Series B | Series B | Series A | Series C - II | Unattributed VC |
Company | Symphonic Distribution | Key Data Dashboard | PaceMate | ||
Amount | $37M | $5M | $8M | ||
New? | No | Yes | Yes | ||
Co-Investors | |||||
Sources | 3 | 1 | 11 |
Ballast Point Ventures Portfolio Exits
17 Portfolio Exits
Ballast Point Ventures has 17 portfolio exits. Their latest portfolio exit was PowerDMS on December 14, 2020.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
12/14/2020 | Merger | 2 | |||
12/1/2020 | Acquired | 1 | |||
9/23/2019 | Acquired | 1 | |||
Ballast Point Ventures Acquisitions
2 Acquisitions
Ballast Point Ventures acquired 2 companies. Their latest acquisition was MeYou Health on July 05, 2016.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
7/5/2016 | Management Buyout | 2 | ||||
1/1/1970 | Series B |
Date | 7/5/2016 | 1/1/1970 |
|---|---|---|
Investment Stage | Series B | |
Companies | ||
Valuation | ||
Total Funding | ||
Note | Management Buyout | |
Sources | 2 |
Ballast Point Ventures Fund History
4 Fund Histories
Ballast Point Ventures has 4 funds, including Ballast Point Ventures III.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
1/27/2014 | Ballast Point Ventures III | Expansions & Growth | Closed | $164M | 3 |
11/2/2009 | Ballast Point Ventures II | ||||
11/2/2009 | Ballast Point Ventures EF II | ||||
5/1/2003 | Ballast Point Ventures |
Closing Date | 1/27/2014 | 11/2/2009 | 11/2/2009 | 5/1/2003 |
|---|---|---|---|---|
Fund | Ballast Point Ventures III | Ballast Point Ventures II | Ballast Point Ventures EF II | Ballast Point Ventures |
Fund Type | Expansions & Growth | |||
Status | Closed | |||
Amount | $164M | |||
Sources | 3 |
Ballast Point Ventures Partners & Customers
1 Partners and customers
Ballast Point Ventures has 1 strategic partners and customers. Ballast Point Ventures recently partnered with Lyft on October 10, 2017.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
10/17/2017 | Partner | United States | Ballast Point and Lyft Partner to Offer Discounted Rides on ‘Football Sundays’ SAN DIEGO -- Lyft , the fastest growing rideshare company in the U.S. , and Ballast Point , one of the nation 's leading craft breweries , have teamed up to present Football Sundays . | 1 |
Date | 10/17/2017 |
|---|---|
Type | Partner |
Business Partner | |
Country | United States |
News Snippet | Ballast Point and Lyft Partner to Offer Discounted Rides on ‘Football Sundays’ SAN DIEGO -- Lyft , the fastest growing rideshare company in the U.S. , and Ballast Point , one of the nation 's leading craft breweries , have teamed up to present Football Sundays . |
Sources | 1 |
Ballast Point Ventures Team
2 Team Members
Ballast Point Ventures has 2 team members, including current Managing Partner, Richard J. Brandewie.
Name | Work History | Title | Status |
|---|---|---|---|
Richard J. Brandewie | Managing Partner | Current | |
Drew Graham | Managing Partner | Current |
Name | Richard J. Brandewie | Drew Graham |
|---|---|---|
Work History | ||
Title | Managing Partner | Managing Partner |
Status | Current | Current |
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