Investments
163Portfolio Exits
50Funds
1About Commonwealth Capital Ventures
Commonwealth Capital Ventures was founded in 1995. With more than $580 million of committed capital under management, the firm has invested in roughly 140 companies. The current $250 million fund closed in early 2007 and is appropriately sized to focus on early stage opportunities and later stage venture growth enterprises.

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Latest Commonwealth Capital Ventures News
Dec 15, 2015
Pamplona Capital Management said Monday that Justin Perreault has joined as a partner. Perreault was previously with Commonwealth Capital Ventures where he co-managed three growth and early stage technology funds with $600 million of committed capital. PRESS RELEASE LONDON and NEW YORK, December 14, 2015 /PRNewswire/ — Pamplona Capital Management (“Pamplona”), a leading global specialist investment manager, is pleased to announce the appointment of Justin Perreault as a partner as it continues to build its US-based private equity presence. Mr. Perreault, who will be based in Boston, has over twenty years of information technology private investing and operating experience, and will be focussing on investing in the technology, media and telecom sectors. He joins the business from Commonwealth Capital Ventures, where he co-managed three growth and early stage technology funds with $600 million of committed capital. Prior to starting at Commonwealth Capital Ventures in 1999, he also worked at Object Design Software, Inc., Harvard Private Equity Group and McKinsey & Co. Mr. Perreault holds a Bachelor of Science in Mechanical Engineering from Rensselaer Polytechnic Institute, summa cum laude, as well as an MBA from Harvard Business School. His appointment increases the number of partners based in the US to five. Last month Pamplona agreed to acquire MedAssets, a leading healthcare performance improvement company that serves four out of every five hospitals in the United States. Other transactions this year have included the sale of a significant minority interest in OGF, the leading funeral services provider in France, to Ontario Teachers’ Pension Plan; the acquisition of Precyse, a leader in Health Information Management services, education and technology; the sale of a controlling stake in Alvogen to a CVC Capital Partners led investment consortium; and the acquisition of Partner in Pet Food, one of Europe’s leading pet food producers. About Pamplona Capital Management: Pamplona Capital Management is a London and New York based specialist investment manager established in 2005 that provides an alternative investment platform across private equity, fund of hedge funds and single manager hedge fund investments. Pamplona Capital Management, LLP manages over USD 10 billion in assets across a number of funds for a variety of clients including public pension funds, international wealth managers, multinational corporations, family offices and funds of hedge funds. Pamplona is currently managing its fourth private equity fund, Pamplona Capital Partners IV LP, which raised $4 billion in 2014. Pamplona invests long-term capital across the capital structure of its portfolio companies in both public and private market situations. Please seePamplonafunds.com for further information. © 2015 Buyouts Insider / Argosy Group LLC
Commonwealth Capital Ventures Investments
163 Investments
Commonwealth Capital Ventures has made 163 investments. Their latest investment was in GAM3S.GG as part of their Seed VC on September 9, 2023.

Commonwealth Capital Ventures Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
9/7/2023 | Seed VC | GAM3S.GG | $2M | Yes | 4SV, ArkStream Capital, Commonwealth Capital Ventures, Compute Ventures, Double Peak Group, Eden Ventures, EMURGO, Hyperithm, LD Capital, MarketAcross, Mechanism Capital, MixMarvel Dao Venture, Polygon, Rok Capital, SkyVision Capital, SNACKCLUB, TKX Capital, Undisclosed Angel Investors, and Venly | 3 |
7/11/2023 | Seed VC | Attn: Grace | $2M | Yes | 4 | |
6/2/2023 | Seed VC - II | DemandWell | $1.55M | Yes | 1 | |
3/5/2021 | Series B | |||||
10/9/2020 | Series B - II |
Date | 9/7/2023 | 7/11/2023 | 6/2/2023 | 3/5/2021 | 10/9/2020 |
---|---|---|---|---|---|
Round | Seed VC | Seed VC | Seed VC - II | Series B | Series B - II |
Company | GAM3S.GG | Attn: Grace | DemandWell | ||
Amount | $2M | $2M | $1.55M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | 4SV, ArkStream Capital, Commonwealth Capital Ventures, Compute Ventures, Double Peak Group, Eden Ventures, EMURGO, Hyperithm, LD Capital, MarketAcross, Mechanism Capital, MixMarvel Dao Venture, Polygon, Rok Capital, SkyVision Capital, SNACKCLUB, TKX Capital, Undisclosed Angel Investors, and Venly | ||||
Sources | 3 | 4 | 1 |
Commonwealth Capital Ventures Portfolio Exits
50 Portfolio Exits
Commonwealth Capital Ventures has 50 portfolio exits. Their latest portfolio exit was Lessonly on August 16, 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 |
---|---|---|---|---|---|
8/16/2021 | Acquired | 2 | |||
8/24/2020 | Acquired | 4 | |||
10/23/2019 | Acquired | 1 | |||
Date | 8/16/2021 | 8/24/2020 | 10/23/2019 | ||
---|---|---|---|---|---|
Exit | Acquired | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 2 | 4 | 1 |
Commonwealth Capital Ventures Fund History
1 Fund History
Commonwealth Capital Ventures has 1 fund, including Commonwealth Capital Income Fund-I.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
9/19/2016 | Commonwealth Capital Income Fund-I | 1 |
Closing Date | 9/19/2016 |
---|---|
Fund | Commonwealth Capital Income Fund-I |
Fund Type | |
Status | |
Amount | |
Sources | 1 |
Commonwealth Capital Ventures Team
7 Team Members
Commonwealth Capital Ventures has 7 team members, including current Founder, Managing General Partner, Michael T. Fitzgerald.
Name | Work History | Title | Status |
---|---|---|---|
Michael T. Fitzgerald | Founder, Managing General Partner | Current | |
Name | Michael T. Fitzgerald | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Founder, Managing General Partner | ||||
Status | Current |