Led · Equity · Apr 2025

iCreditWorks provides a configurable, modular Platform-as-a-Service that lets financial institutions, enterprise networks, and large brands deploy embedded POS lending solutions with integrated payment technologies. Its digital payments infrastructure includes rapid issuance of an in‑App “Tap to Pay” virtual card to deliver a seamless payment experience for consumers and merchants. The company emphasizes PaaS automation and a native mobile app to streamline the consumer financing journey and decrease partners' time to market. iCreditWorks works with partners to issue loans (all loans issued by WebBank) and aims to eliminate cost and operational challenges facing those industries. Leadership includes Chairman and Founder Stephen E. Sweeney. The company plans to use new capital to expand its omni-channel PaaS into additional verticals such as healthcare, SMB equipment, and home improvement and to continue executing its product roadmap and integrate new capabilities.

Led · Equity · Jun 2014

Egenera is a leader in converged infrastructure and cloud management software headquartered in Boxborough, Mass. It offers PAN Cloud Director and PAN Manager software that enable organizations to design, deploy, and manage IT services across physical, virtual, and cloud environments with enterprise-level scalability and reliability. Egenera’s solutions provide intelligent automation and control across on- and off-premise clouds to help organizations reduce capital and operational costs while guaranteeing required security, performance, and availability levels. The company reports thousands of production installations globally, including enterprise data centers, service providers, and government agencies. Egenera said the new funding will be used to further product innovation and to aggressively drive its go-to-market strategy, fueling sales and marketing efforts. Comvest Partners characterized Egenera’s technology as unique within the cloud management space and expressed confidence in the company’s executive team and technology for future growth. Egenera, founded in 2001 and based in Marlboro, MA, orchestrates the infrastructure of physical and virtual computing assets. The company offers hardware and an operating system as part of its products and services. According to a Reg D filing with the SEC, Egenera raised $3M in equity. The company said it will use the proceeds to create channel sales relationships for its products and services. The filing did not disclose investors, valuation, or revenue figures. No additional financial details or prior rounds were reported in the article.

Led · Series D · Jun 2012

Cartera Commerce provides a comprehensive card-linked offer platform that powers personalized in-store and online shopping programs to build consumer engagement, maximize card spend and create new revenue streams. The company is led by president and CEO Tom Beecher and is based in Lexington, MA and Atlanta, GA. It raised $12.2M in growth capital in a round announced May 6, 2012. The financing was led by Comvest Group with participation from previous investors Flybridge Capital Partners, Dace Ventures, LBO Enterprises and Venture Capital Fund of New England. Cartera intends to use the funding to increase investment in sales, product development and operations. No revenue or user metrics were disclosed in the article.