Investments
36Portfolio Exits
12Funds
2About Palisades Growth Capital
Palisades Growth Capital provides growth stage capital for technology enabled companies. Focus industries include media, telecommunications, business/financial services, healthcare, consumer, and manufacturing. Palisades Growth Capital makes significant minority preferred equity investments in companies with proven products, solid management teams, and established revenues.
Palisades Growth Capital Headquarter Location
11726 San Vicente Blvd Suite 450
Los Angeles, California, 90049,
United States
310-571-6214
Latest Palisades Growth Capital News
Nov 27, 2021
Pasadena-based QLess, which develops software for managing virtual customer waiting lines, said on Tuesday evening that it has been acquired by Palisades Growth Capital, along with a syndicate of un-identified family offices. Financial terms of the acquisition were not announced. QLess powers virtual check-ins for virtual lines, where people can check in and receive SMS updates about wait times. QLess is led by President and CEO Mark Tapling. Palisades Growth Capital has been an investor in QLess for four years; co-managing partner Paul D'Addario sits on the QLess board of directors.
Palisades Growth Capital Investments
36 Investments
Palisades Growth Capital has made 36 investments. Their latest investment was in Point Digital Finance as part of their Debt - II on August 8, 2021.
Palisades Growth Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
8/31/2021 | Debt - II | Point Digital Finance | $1,000M | Yes | 1 | |
2/10/2020 | Series A | Gento | $5M | Yes | 12 | |
10/2/2019 | Series B | X1 Discovery | $5.1M | Yes | 4 | |
8/22/2019 | Series C | |||||
11/1/2018 | Series B |
Date | 8/31/2021 | 2/10/2020 | 10/2/2019 | 8/22/2019 | 11/1/2018 |
|---|---|---|---|---|---|
Round | Debt - II | Series A | Series B | Series C | Series B |
Company | Point Digital Finance | Gento | X1 Discovery | ||
Amount | $1,000M | $5M | $5.1M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 12 | 4 |
Palisades Growth Capital Portfolio Exits
12 Portfolio Exits
Palisades Growth Capital has 12 portfolio exits. Their latest portfolio exit was Docupace on July 27, 2022.
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 |
|---|---|---|---|---|---|
7/27/2022 | Acquired | 1 | |||
4/29/2020 | Shareholder Liquidity - II | 2 | |||
12/17/2018 | Acquired | 3 | |||
Palisades Growth Capital Acquisitions
1 Acquisition
Palisades Growth Capital acquired 1 company. Their latest acquisition was QLess on November 24, 2021.
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 |
|---|---|---|---|---|---|---|
11/24/2021 | Debt | $10.5M | Acq - Fin | 1 |
Date | 11/24/2021 |
|---|---|
Investment Stage | Debt |
Companies | |
Valuation | |
Total Funding | $10.5M |
Note | Acq - Fin |
Sources | 1 |
Palisades Growth Capital Fund History
2 Fund Histories
Palisades Growth Capital has 2 funds, including Palisades Growth Capital.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
10/10/2018 | Palisades Growth Capital | Expansions & Growth | Open | $70.75M | 1 |
9/30/2002 | CPV I |
Closing Date | 10/10/2018 | 9/30/2002 |
|---|---|---|
Fund | Palisades Growth Capital | CPV I |
Fund Type | Expansions & Growth | |
Status | Open | |
Amount | $70.75M | |
Sources | 1 |
Palisades Growth Capital Team
6 Team Members
Palisades Growth Capital has 6 team members, including current Senior Managing Director, Bruce Pollack.
Name | Work History | Title | Status |
|---|---|---|---|
Paul D'addario | Founder | Current | |
Bruce Pollack | Senior Managing Director | Current | |
David Jaffe | Managing Director | Current | |
Anders Richardson | Managing Director | Current | |
Jeff Anderson | General Partner | Current |
Name | Paul D'addario | Bruce Pollack | David Jaffe | Anders Richardson | Jeff Anderson |
|---|---|---|---|---|---|
Work History | |||||
Title | Founder | Senior Managing Director | Managing Director | Managing Director | General Partner |
Status | Current | Current | Current | Current | Current |
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