Pinegrove Venture Partners
2740 Sand Hill Road Suite 700, Menlo Park, CALIFORNIA, 94025, United States
Overview
Pinegrove Capital Partners is a trusted secondary & special situations capital partner for venture capital & growth equity GPs and LPs.
- Total investments
- 13
- Lead investments
- 1
- Investments · 12mo
- 7
- Active investors
- 0
Investment portfolio
- NinjaOne
Participated · Series C · Jun 2026
Founded in 2013, NinjaOne offers a cloud-native platform that unifies remote monitoring, automated patch management, endpoint security, and data backup to manage laptops, servers, mobile devices, and cloud endpoints from a single dashboard. The platform manages millions of endpoints for over 24,000 customers globally, including Nvidia, Lyft, HelloFresh, Porsche, Cintas, and Vimeo. The company completed a $262M acquisition of Dropsuite to expand its cloud backup and data protection capabilities. NinjaOne is founder-led, carries no debt, and its founders retain majority equity and control. With proceeds from its latest financing, the company plans to accelerate R&D into autonomous endpoint management, automated vulnerability remediation, and AI-assisted helpdesk features. The article positions NinjaOne as competing against legacy incumbents like Kaseya and N-able and adjacent players such as JumpCloud and Atera.
- Ramp
Participated · Series F · Jun 2026
Ramp started as an expense-management platform and has expanded into payments, fraud detection, procurement, vendor management and accounting while integrating AI capabilities across its product suite. The company says it has more than 70,000 customers, including Visa, Uber, Shopify, Anduril and Figma, up from 50,000 last November. Ramp reported annualized revenue of more than $1 billion (with Bloomberg reporting a run-rate above $1.5 billion) and said it has reached positive free cash flow. It has launched AI-focused features such as AI agents for procurement, expense management, accounting and budgeting, and even a corporate credit card intended for AI-agent use. Ramp has raised over $3 billion in total capital to date. Management has indicated an eventual aim to go public, though no timing was given.
- AlphaSense
Participated · Equity · Jun 2026
AlphaSense offers an enterprise AI platform that combines domain-specific AI with a proprietary content library of more than 500 million business documents to deliver market intelligence and workflow automation. The company serves over 7,000 global enterprises and now covers more than 70% of S&P 500 companies, including major firms across technology, finance, and consumer sectors. AlphaSense has introduced AI capabilities such as SuperAnalyst, Generative Search, Generative Grid, and Deep Research to automate high-value financial and strategic workflows. Financially, AlphaSense reported surpassing $600 million in annual recurring revenue in Q1 2026, up from $500 million in October 2025. The company has more than doubled headcount in EMEA and APAC and recently opened its global headquarters in New York City’s Hudson Yards. Planned uses of new capital include accelerating platform and content investment, international expansion, and scaling global customer support.
- Layup Parts
Participated · Series A · Jun 2026
Layup Parts was founded to streamline production and ordering of custom composite parts such as carbon-fiber and fiberglass components. The company has rapidly prototyped and produced parts for customers in motorsports, design studios, consumer goods (including pickleball paddles), and aerospace and defense primes and startups. It has cut turnaround time between receiving customer data and manufacturing parts from weeks to hours in some cases. The startup employed roughly 60 people at the time of the Series A and is based in Huntington Beach, California. Layup Parts used most of its seed funding on capital expenditures and plans to use the new capital to hire more staff and move into a larger facility.
- Hermeus
Participated · Debt Financing · Apr 2026
Hermeus develops hypersonic unmanned aircraft and pursues rapid prototyping and flight testing to accelerate aircraft maturation. The company has flown multiple demonstrators, including a recent demonstrator about the size of an F-16 and an earlier, smaller demonstrator, and is working on a third aircraft iteration aimed at supersonic performance. Hermeus shifted from developing an in-house engine to modifying Pratt & Whitney’s F100 engine via a relationship with RTX/Pratt & Whitney to speed testing and reduce technical risk. The startup is expanding manufacturing capabilities and hiring—its staff is approaching roughly 300 employees—to support hardware production and iterative builds. Financially, the company recently raised $200 million in equity and $150 million in debt, valuing it at $1 billion, to fund growth and continued flight-test programs.
Team
No current team members are available.