Investments
24Portfolio Exits
4Funds
1Latest Salveo Capital News
Nov 8, 2021
Fyllo, a Chicago, IL-based provider of compliance-first SaaS solutions for highly regulated industries, raised $40M in Series C funding. The round was led by Eminence Capital with participation from Longview Capital Advisors, ArrowMark Partners, JW Asset Management, K2 Asset Management, Arcadian Capital Management, Phyto Partners, and Salveo Capital. Concurrent with this raise, Kristopher Koka, Portfolio Manager, Eminence Capital will be joining the Company’s Board of Directors. The company intends to use the funds to continue to hire talent, make acquisitions to enhance the technology stack following the February 2021 purchase of retail and marketing platform DataOwl. Led by Chad Bronstein, CEO and founder, Fyllo is advancing compliance, data and marketing solutions to enable companies in highly regulated sectors like cannabis to scale. The company’s Compliance Cloud is a suite of software and services that enable organizations to navigate today’s regulatory landscape, streamline compliance, and scale with speed. Mainstream brands also use the Fyllo Data Marketplace to target cannabis and CBD consumers. Since the beginning of the year, Fyllo’s business has grown over 100%, and its team has grown by nearly 275%, with the addition of executives from Twitter, Salesforce and major cannabis brands. FinSMEs 08/11/2021
Salveo Capital Investments
24 Investments
Salveo Capital has made 24 investments. Their latest investment was in Fyllo as part of their Series C on November 11, 2021.
Salveo Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
11/8/2021 | Series C | Fyllo | $40M | No | 20 | |
3/5/2021 | Series B | Fyllo | $30M | No | 3 | |
2/2/2021 | Unattributed | Coda Signature | $6M | No | Gotham Green Partners, Granite Hall Partners, and Undisclosed Investors | 4 |
8/12/2020 | Series A - II | |||||
4/27/2020 | Seed |
Date | 11/8/2021 | 3/5/2021 | 2/2/2021 | 8/12/2020 | 4/27/2020 |
|---|---|---|---|---|---|
Round | Series C | Series B | Unattributed | Series A - II | Seed |
Company | Fyllo | Fyllo | Coda Signature | ||
Amount | $40M | $30M | $6M | ||
New? | No | No | No | ||
Co-Investors | Gotham Green Partners, Granite Hall Partners, and Undisclosed Investors | ||||
Sources | 20 | 3 | 4 |
Salveo Capital Portfolio Exits
4 Portfolio Exits
Salveo Capital has 4 portfolio exits. Their latest portfolio exit was AW Holdings on May 04, 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 |
|---|---|---|---|---|---|
5/4/2021 | IPO | Public | 1 | ||
Date | 5/4/2021 | |||
|---|---|---|---|---|
Exit | IPO | |||
Companies | ||||
Valuation | ||||
Acquirer | Public | |||
Sources | 1 |
Salveo Capital Fund History
1 Fund History
Salveo Capital has 1 fund, including Salveo Fund I.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
9/11/2019 | Salveo Fund I | Early-Stage Venture Capital | Closed | $22.25M | 6 |
Closing Date | 9/11/2019 |
|---|---|
Fund | Salveo Fund I |
Fund Type | Early-Stage Venture Capital |
Status | Closed |
Amount | $22.25M |
Sources | 6 |
Salveo Capital Team
2 Team Members
Salveo Capital has 2 team members, including current Managing Partner, Michael Gruber.
Name | Work History | Title | Status |
|---|---|---|---|
Michael Gruber | Northwestern University, Rainmaker Securities, Founder Institute, Venturelab, Keiretsu Forum, Taproot Ventures, blaxxun interactive, InsWeb, Intuit, Motorola Mobility, and Ewing Marion Kauffman Foundation | Managing Partner | Current |
Name | Michael Gruber | |
|---|---|---|
Work History | Northwestern University, Rainmaker Securities, Founder Institute, Venturelab, Keiretsu Forum, Taproot Ventures, blaxxun interactive, InsWeb, Intuit, Motorola Mobility, and Ewing Marion Kauffman Foundation | |
Title | Managing Partner | |
Status | Current |
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