Riverside Acceleration Capital
45 Rockefeller Center, 630 Fifth Avenue, Suite 400, New York, NY, 10111, United States
Overview
Riverside Acceleration Capital (RAC) provides flexible growth capital to expansion-stage B2B software and technology companies, through an investment structure that maximizes alignment while minimizing dilution. RAC is part of The Riverside Company, a global private equity firm focused on investing in growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has made more than 650 investments. The firm's international private equity and structured capital portfolios include more than 90 companies.
- Total investments
- 18
- Lead investments
- 13
- Investments · 12mo
- 3
- Active investors
- 9
Sector focus
- Enterprise Software
- Financial Services
- FinTech
- Venture Capital
Investment portfolio
- Allure Security Technology
Led · Series B · Mar 2026
Allure Security operates an AI-native platform that detects and dismantles digital impersonation threats—such as phishing sites, fake executive identities, rogue mobile apps, and coordinated disinformation—across the web, social media, mobile, and the dark web. The platform combines AI-powered detection, patented deception technology, and a managed response backed by a 24x7 Security Operations Center. The company has experienced rapid commercial traction, reporting 350% growth over two years and now serving more than 300 customers, including The Kraft Group, AmTrust Financial, Campbell's, Palo Alto Networks, VyStar Credit Union, and Webster Bank. Its detection systems analyze more than 10 million digital assets daily and in 2025 identified impersonation attacks against more than 700 financial institution brands. With the new funding, Allure plans to deepen its platform capabilities, scale its go-to-market organization, and expand into additional verticals.
- heyData
Led · Series A · Jan 2026
heyData develops an “all-in-one compliance solution 2.0” that integrates IT security and regulatory frameworks into a single, workflow-native platform, replacing manual spreadsheets and ad-hoc processes. The software is designed so non-experts can manage, monitor, and prove compliance as part of routine operations rather than separate projects. By automating tasks and offering continuous audit readiness, the company positions compliance as an ongoing trust signal for customers. With fresh capital, heyData will deepen its IT security capabilities, add additional compliance frameworks, and expand integrations to further reduce administrative burden. Management has outlined plans to scale beyond its current DACH customer base and grow across Europe, citing accelerating regulatory complexity and digital threats as tailwinds. The Series A financing brings total known funding to $16.5 million and advances a product roadmap originally slated for 2026.
- MontyCloud
Led · Series B · Jan 2026
Founded in 2018 and headquartered in Redmond, Washington, MontyCloud builds a platform that helps enterprises and managed service providers automatically run, govern, and optimize their cloud infrastructure. The software enforces governance policies, reduces manual workflows, and identifies cost-saving opportunities, contributing to what the company describes as a major industry shift toward automated CloudOps. Over the past two years, cloud spend under MontyCloud’s management has expanded more than 400%, and the firm’s recurring revenue has nearly tripled on a compound annual basis. The company currently employs about 85 people, most of whom are based in India. Led by CEO Walter Rogers since 2022, MontyCloud’s leadership team also includes founders Venkat Krishnamachari (CPO) and Kannan Parthasarathy (CTO). With fresh capital in hand, the startup plans to accelerate product development and broaden its customer base among MSPs and large enterprises.
- Gravitee
Participated · Series C · May 2025
Gravitee provides an API and event-infrastructure control plane that can be deployed on-premises, self-hosted, or via a SaaS plan. Its platform includes tools for designing APIs, deploying ahead of mock testing, and dashboards to visualize API deployments, and it supports both synchronous and asynchronous APIs. The company began as an open-source project founded in 2015 by Rory Blundell, Azize Elamrani, David Brassely, Nicolas Géraud, and Titouan Compiegne and later commercialized with paid services that fund development of its freely available software. Gravitee says it has hundreds of customers today, including Blue Yonder, Michelin, Roche, and Tide. Annual recurring revenue reached $22 million in fiscal year 2024. The company said it employs around 130 and plans to end the year with roughly 200, and plans to use new capital to develop product features and expand into new markets. Gravitee builds an open platform for designing, securing, managing and deploying APIs that supports both synchronous and asynchronous protocols. The platform can be deployed on-premises, self-hosted, or used as a SaaS offering and includes adaptive, risk-based multifactor authentication, a drag-and-drop API designer with mock testing, and dashboards to visualize deployments. Gravitee positions itself against legacy API vendors by embracing event-native architectures and composition across multiple protocols. Its customer base grew to over 150 customers and the project has hundreds of thousands of downloads; the company also holds several European government contracts. Gravitee closed a $30 million round, bringing total funding to $42 million, employs about 100 people and plans to expand headcount by roughly 20% through the end of the year; it declined to disclose revenue figures. The new capital is intended to fund an expanded go-to-market strategy and an aggressive product roadmap. Gravitee.io is an open-source API management platform based in London that equips organizations to control the full lifecycle of their API ecosystem. Its platform enables developers to develop, publish, secure and monitor APIs, and includes integrated IAM supporting the latest protocols and 2FA, including biometrics. The company reports customers across 20 countries, including Auchan and Tide. Led by CEO Rory Blundell, Gravitee.io serves both community development teams and commercial users. With the $11M Series A, the company plans to grow its development, sales and marketing teams, enhance support for its developer community, and expand further into international markets. The funding round was co-led by AlbionVC and Oxx.
- Zoobean
Led · Equity · Jan 2025
Beanstack is an edtech platform that empowers libraries and schools to build a culture of reading through reading challenges and motivational tools for readers of all ages. The company evolved from a book-of-the-month concept into Beanstack for Schools, which uses proven gamification principles to motivate students without relying on quizzes. Its product is licensed by over 15,000 libraries and schools worldwide, and Beanstack readers have logged over seven billion minutes of reading. The company says it is growing significantly year over year. Beanstack plans to use new capital to accelerate its repeatable growth model and to invest in its "Reading Culture Trailblazer" client marketing program. The team was founded by Felix Brandon Lloyd and Jordan Lloyd Bookey, who previously secured a $250,000 Shark Tank investment from Mark Cuban. Zoobean builds Beanstack, a software platform that helps educators and librarians run reading challenges and track participant progress with data-driven insights. Beanstack is licensed to more than 1,200 public libraries and schools worldwide and is often described as the “Fitbit for reading.” The company first gained attention after appearing on Shark Tank, where Mark Cuban invested, and he has re-invested in the latest funding. Amazon’s Alexa Fund joined the new investment and Zoobean is exploring Alexa integrations so readers can ask Alexa to track progress or receive reading reminders. The company did not disclose the size of the round and Amazon declines to share the size of its Alexa Fund investments. No operating metrics beyond licenses/users or revenue figures were disclosed in the article. Zoobean is an Arlington, VA–based startup that curates personalized selections of children's apps, books and reading guides. Its product relies on a team of curators who rate and tag apps and books, and a recommendation system that generates personalized picks when customers enter a child's interests. The company also provides reading guides and tools that facilitate collaboration between teachers and families. Led by CEO Felix Brandon Lloyd, Zoobean plans to use new funding to increase marketing and continue product development. Financing details in the most recent transaction were not disclosed. Previously, the company raised $500K in seed funding in 2013. Zoobean curates children's books and offers a handpicked monthly hardcover subscription alongside an online shop. At launch the site catalogs nearly 1,500 parent-recommended titles curated by parents, teachers, librarians and others, with extensive tagging for topics, characters' backgrounds and recommended ages. Subscribers pay $14.95 for the featured high-quality hardcover of the month, while the majority of catalog sales are fulfilled through affiliates such as Amazon. The company also provides a weekly reading guide with activities for parents and children. Zoobean emphasizes diversity in its selection, including books that reflect various ethnicities and harder-to-find topics like transgender issues and bullying. It exited a private, invite-only beta with about 200 testers and plans to expand its offering while raising additional capital.