Investments
72Portfolio Exits
18Funds
3About Triangle Peak Partners
Triangle Peak Partners conducts private investments in companies and works with management to create value. The firm has a background in venture capital and private equity investing in private and public technology, energy, and alternative energy companies.
Triangle Peak Partners Headquarter Location
590 Forest Avenue
Palo Alto, California, 94301,
United States
Latest Triangle Peak Partners News
Nov 19, 2021
Gradle Inc., a San Francisco, CA-based provider of solutions that accelerate software developer productivity, closed a USD 27m Series C funding. The round was led by Triangle Peak Partners with participation from True Ventures, DCVC, Bain Capital Ventures, Harmony Partners, and StepStone Group.
Triangle Peak Partners Investments
72 Investments
Triangle Peak Partners has made 72 investments. Their latest investment was in Gradle as part of their Series C on November 11, 2021.
Triangle Peak Partners Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
11/18/2021 | Series C | Gradle | $27M | Yes | 2 | |
8/2/2021 | Series D | Nozomi Networks | $100M | Yes | Forward Investments, Honeywell Ventures, In-Q-Tel, Keysight Technologies, Porsche Digital, Telefonica Tech Ventures, and Undisclosed Investors | 7 |
7/28/2021 | Series D | Suzy | $50M | No | 6 | |
5/19/2021 | Unattributed VC | |||||
9/25/2020 | Series C - II |
Date | 11/18/2021 | 8/2/2021 | 7/28/2021 | 5/19/2021 | 9/25/2020 |
|---|---|---|---|---|---|
Round | Series C | Series D | Series D | Unattributed VC | Series C - II |
Company | Gradle | Nozomi Networks | Suzy | ||
Amount | $27M | $100M | $50M | ||
New? | Yes | Yes | No | ||
Co-Investors | Forward Investments, Honeywell Ventures, In-Q-Tel, Keysight Technologies, Porsche Digital, Telefonica Tech Ventures, and Undisclosed Investors | ||||
Sources | 2 | 7 | 6 |
Triangle Peak Partners Portfolio Exits
18 Portfolio Exits
Triangle Peak Partners has 18 portfolio exits. Their latest portfolio exit was TakeLessons on September 10, 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 |
|---|---|---|---|---|---|
9/10/2021 | Acquired | 4 | |||
7/10/2020 | Acquired | 6 | |||
7/25/2019 | IPO | 2 | |||
Date | 9/10/2021 | 7/10/2020 | 7/25/2019 | ||
|---|---|---|---|---|---|
Exit | Acquired | Acquired | IPO | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 4 | 6 | 2 |
Triangle Peak Partners Fund History
3 Fund Histories
Triangle Peak Partners has 3 funds, including Triangle Peak Partners III.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
3/21/2019 | Triangle Peak Partners III | Multi-Stage Venture Capital | $127.76M | 1 | |
9/15/2015 | Triangle Peak Partners II LP | ||||
10/22/2008 | Triangle Peak Partners Private Equity LP |
Closing Date | 3/21/2019 | 9/15/2015 | 10/22/2008 |
|---|---|---|---|
Fund | Triangle Peak Partners III | Triangle Peak Partners II LP | Triangle Peak Partners Private Equity LP |
Fund Type | Multi-Stage Venture Capital | ||
Status | |||
Amount | $127.76M | ||
Sources | 1 |
Triangle Peak Partners Team
2 Team Members
Triangle Peak Partners has 2 team members, including current Founder, Chief Executive Officer, Michael C. Morgan.
Name | Work History | Title | Status |
|---|---|---|---|
Michael C. Morgan | McKinsey & Company, KMI, and Rice University | Founder, Chief Executive Officer | Current |
Scott Michael Bilyeu | Chief Financial Officer | Current |
Name | Michael C. Morgan | Scott Michael Bilyeu |
|---|---|---|
Work History | McKinsey & Company, KMI, and Rice University | |
Title | Founder, Chief Executive Officer | Chief Financial Officer |
Status | Current | Current |