
Investments
111Portfolio Exits
30Service Providers
2About Trilogy Equity Partners
Trilogy Equity Partners is a closely-held investment firm based in Bellevue, Washington. Its roots include the formation and leadership of some of the largest mobile operators in the United States as well as other global technology and wireless companies. The firm applies a team-oriented approach, deep operational expertise and a flexible capital structure to help entrepreneurs build great companies.
Latest Trilogy Equity Partners News
Nov 9, 2023
By In the bustling tech hub of Seattle, a new player in the API management game is making waves. Zuplo, a startup spearheaded by tech veterans with roots in Microsoft and Auth0, has clinched a $9 million seed investment, with Trilogy Equity Partners at the helm of the funding round. APIs: The Building Blocks of the Digital Age APIs – or application programming interfaces – are the backbone of digital interactions, facilitating the seamless flow of data between various software applications. In today’s hyper-connected world, where software integration and speed are king, Zuplo is providing businesses the toolkit to launch and manage these crucial interfaces swiftly and securely. Market Growth and the AI Boost The API management landscape is on a trajectory to explode to a nearly $14 billion industry by 2027, a growth spurt fueled by the burgeoning adoption of AI tools that optimize and leverage API usage. Zuplo’s arrival could not be more timely. “APIs are proliferating at an unprecedented rate, creating a pressing demand for a platform that is scalable, economical, and versatile across cloud environments,” states Yuval Neeman, managing director at Trilogy. Zuplo: A Service Making Ripples Boasting a robust handling of over 4 billion API requests monthly, Zuplo is carving out its niche by serving a diverse client base, from towering enterprises to nimble startups. Its most voluminous traffic comes courtesy of BlockDaemon, a giant in the blockchain infrastructure arena. In a sea of API management giants like Microsoft and Google, Zuplo stands out with its razor-sharp focus on enhancing developer productivity. It pitches an attractive proposition: an easy-to-integrate service that won’t break the bank. “Our clients are head over heels for Zuplo’s adaptability and programmability; it seamlessly integrates with their engineering workflows,” says Josh Twist, co-founder and CEO of Zuplo. The Brains Behind the Operation Twist is no stranger to pioneering tech solutions. He played a pivotal role at Microsoft, ushering in various services including Azure Logic Apps and Azure API Management. With stints at Meta and Stripe, his tech pedigree is formidable. Zuplo’s other half, Nathan Totten, boasts an impressive resume as an early bird at Auth0 and a Microsoft alumnus, further strengthening the startup’s tech DNA. The Team and Vision Ahead With a lean team of ten, Zuplo’s agility is one of its superpowers. The seed funding round saw participation from heavy hitters like Boldstart and BoxGroup, alongside industry luminaries such as Auth0’s Eugenio Pace and Jon Gelsey, Snyk’s Guy Podjarny, and BigID’s Dimitri Sirota. What’s Next for Zuplo? This infusion of capital is more than just a financial boost – it’s a vote of confidence in Zuplo’s vision to make API management a breeze for companies navigating the digital landscape. With this seed round, Zuplo is poised to expand its offerings and reach, ensuring that APIs – the digital glue of software applications – are more accessible and manageable than ever before. In the rapidly evolving tech ecosystem, Zuplo’s fresh perspective and developer-centric approach could very well be the catalyst for a new era in API management. With its platform, Zuplo isn’t just providing a service; it’s empowering companies to build a more interconnected and efficient digital future.
Trilogy Equity Partners Investments
111 Investments
Trilogy Equity Partners has made 111 investments. Their latest investment was in Zuplo as part of their Seed VC on November 11, 2023.

Trilogy Equity Partners Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
11/9/2023 | Seed VC | Zuplo | $9M | Yes | 2 | |
5/30/2023 | Seed VC | Maximal Learning | $5.68M | Yes | 1 | |
10/31/2022 | Seed VC - II | Spiral | $1.25M | No | 2 | |
10/26/2022 | Seed VC | |||||
8/24/2022 | Seed VC |
Date | 11/9/2023 | 5/30/2023 | 10/31/2022 | 10/26/2022 | 8/24/2022 |
---|---|---|---|---|---|
Round | Seed VC | Seed VC | Seed VC - II | Seed VC | Seed VC |
Company | Zuplo | Maximal Learning | Spiral | ||
Amount | $9M | $5.68M | $1.25M | ||
New? | Yes | Yes | No | ||
Co-Investors | |||||
Sources | 2 | 1 | 2 |
Trilogy Equity Partners Portfolio Exits
30 Portfolio Exits
Trilogy Equity Partners has 30 portfolio exits. Their latest portfolio exit was LumaTax on April 12, 2023.
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 |
---|---|---|---|---|---|
4/12/2023 | Acquired | 3 | |||
12/14/2022 | Acquired | 7 | |||
12/5/2022 | Acquired | 3 | |||
Date | 4/12/2023 | 12/14/2022 | 12/5/2022 | ||
---|---|---|---|---|---|
Exit | Acquired | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 3 | 7 | 3 |
Trilogy Equity Partners Acquisitions
1 Acquisition
Trilogy Equity Partners acquired 1 company. Their latest acquisition was Dobson Cellular Systems on February 21, 2008.
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 |
---|---|---|---|---|---|---|
2/21/2008 | Acquired |
Date | 2/21/2008 |
---|---|
Investment Stage | |
Companies | |
Valuation | |
Total Funding | |
Note | Acquired |
Sources |
Trilogy Equity Partners Service Providers
2 Service Providers
Trilogy Equity Partners has 2 service provider relationships
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Counsel | General Counsel | ||
Service Provider | ||
---|---|---|
Associated Rounds | ||
Provider Type | Counsel | |
Service Type | General Counsel |
Partnership data by VentureSource
Trilogy Equity Partners Team
9 Team Members
Trilogy Equity Partners has 9 team members, including , .
Name | Work History | Title | Status |
---|---|---|---|
Alan R. Bender | Founder | Current | |
Name | Alan R. Bender | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Founder | ||||
Status | Current |
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