Investments
27Portfolio Exits
3Funds
14About Blue Heron Capital
Blue Heron Capital is an operationally focused lower market private equity firm based in Richmond, Virginia. Blue Heron supports portfolio companies with a team of proven industry experts, including C-level executives and successful entrepreneurs with decades of experience building and managing vibrant businesses. The firm invests in buyout and growth equity opportunities in the healthcare, security, and business services industries.
Blue Heron Capital Headquarter Location
8730 Stony Point Parkway Suite 280
Richmond, Virginia, 23235,
United States
804-212-3400
Latest Blue Heron Capital News
Mar 12, 2022
Proof Technology , a Denver, Co-based legal startup, raised $7M in Series A funding. The round was led by Blue Heron Capital, and The LegalTech Fund, with participation from Clio Ventures. As part of the round, Blue Heron Operating Advisor, Chris Weiler, will join the Proof Board of Directors. The company intends to use the funds to scale the platform, bring on new users, and cater to existing customers needs. Led by CEO Eric Voogt, Proof Technology provides a legal industry platform that directly connects law firms, attorneys general and pro se parties directly with process servers for the physical delivery of legal documents. The core platform Proof™ combines machine learning that “reads” court documents and automatically extracts case caption information, geolocation of the closest process server to the defendant’s or witness’s address, remote printing through an integration with FedEx offices, and real-time, court-specific affidavits that combine case caption information with attempt data captured in the field automatically (geolocations and time/date stamps) and the efforts of the process server (photographs and a description of the attempt). The platform gives legal practitioners an accurate and fully transparent experience that provides real-time updates and jurisdiction-specific documentation of the serve. Since it launched its technology in 2018, Proof Technology has grown to over 3,500 law firms and governmental agencies that use its platform for the delivery and e-filing of documents throughout the United States. FinSMEs
Blue Heron Capital Investments
27 Investments
Blue Heron Capital has made 27 investments. Their latest investment was in PROOF as part of their Series A on March 3, 2022.
Blue Heron Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
3/9/2022 | Series A | PROOF | $7M | Yes | 9 | |
10/27/2021 | Series A | ShiftMed | $45M | Yes | 11 | |
10/12/2021 | Series A | Kion | $9.5M | Yes | 2 | |
9/24/2021 | Series C | |||||
2/10/2021 | Series A |
Date | 3/9/2022 | 10/27/2021 | 10/12/2021 | 9/24/2021 | 2/10/2021 |
---|---|---|---|---|---|
Round | Series A | Series A | Series A | Series C | Series A |
Company | PROOF | ShiftMed | Kion | ||
Amount | $7M | $45M | $9.5M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 9 | 11 | 2 |
Blue Heron Capital Portfolio Exits
3 Portfolio Exits
Blue Heron Capital has 3 portfolio exits. Their latest portfolio exit was PresenceLearning on December 02, 2021.
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 |
---|---|---|---|---|---|
12/2/2021 | Acq - Fin | 6 | |||
Date | 12/2/2021 | ||
---|---|---|---|
Exit | Acq - Fin | ||
Companies | |||
Valuation | |||
Acquirer | |||
Sources | 6 |
Blue Heron Capital Fund History
14 Fund Histories
Blue Heron Capital has 14 funds, including BHC AW Co-Invest.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
12/22/2020 | BHC AW Co-Invest | $0.5M | 1 | ||
12/22/2020 | BHC IS Co-Invest | $1M | 1 | ||
11/23/2020 | BHC ST Co-Invest | $1.85M | 2 | ||
8/26/2020 | BHC AC Co-Invest | ||||
7/15/2020 | BHC VD Co-Invest |
Closing Date | 12/22/2020 | 12/22/2020 | 11/23/2020 | 8/26/2020 | 7/15/2020 |
---|---|---|---|---|---|
Fund | BHC AW Co-Invest | BHC IS Co-Invest | BHC ST Co-Invest | BHC AC Co-Invest | BHC VD Co-Invest |
Fund Type | |||||
Status | |||||
Amount | $0.5M | $1M | $1.85M | ||
Sources | 1 | 1 | 2 |
Blue Heron Capital Team
2 Team Members
Blue Heron Capital has 2 team members, including current Managing Partner, Tom Benedetti.
Name | Work History | Title | Status |
---|---|---|---|
Tom Benedetti | Managing Partner | Current | |
Andrew Tichenor | Managing Partner | Current |
Name | Tom Benedetti | Andrew Tichenor |
---|---|---|
Work History | ||
Title | Managing Partner | Managing Partner |
Status | Current | Current |
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