Topmark Partners
707 West Azeele Street, Tampa, FL, 33606, United States
Overview
Since 1999, the team at Stonehenge Growth Equity Partners has been investing in growth stage businesses. Stonehenge aims to catalyze rapid growth of companies in up-and-coming markets by backing passionate entrepreneurs solving business problems. Stonehenge Growth Equity Partners spun out of Stonehenge Capital Company in 2013. Prior to founding Stonehenge Growth Equity Partners (SGEP), the investment team managed the growth equity investment activities of Stonehenge Capital Company (SCC). Executive management and key professionals from Bank One Capital Markets formed SCC in 1999 as a spinoff from Bank One. SGEP maintains a proprietary deal flow network based on deep relationships in Florida and the Southeast, and continues to receive deal flow support from SCC’s eight regional offices. SGEP also benefits from SCC’s institutional financial and regulatory infrastructure. The geographic markets that Stonehenge Growth Equity Partners serves enjoy very compelling growth dynamics and a friendly business climate. Yet, competition among growth capital providers is limited both at the stage of company and the dollar amount we are willing to invest. With a nationwide network of relationships, Stonehenge plays an active role in leading growth stage investments, introducing other financial partners and identifying and recruiting talent. Our rich investment history enables us to collaborate with entrepreneurs to achieve success.
- Total investments
- 20
- Lead investments
- 8
- Investments · 12mo
- 0
- Active investors
- 4
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Case Status
Led · Series B · Oct 2024
Case Status provides an AI-powered client engagement platform that delivers real-time updates, secure messaging, and AI-driven insights to keep clients informed about the progress of their cases. The platform integrates with case management systems to streamline client communications, measure client satisfaction, and drive positive reviews and referrals. It is used by hundreds of law firms and serves over one hundred thousand clients. The company plans to use the new funding to enhance the platform’s technology, expand its feature set, and grow its presence in key markets. Case Status was founded in 2018 by attorney Lauren Gulley and tech entrepreneur Andy Seavers and is based in Charleston, SC. Case Status provides a client relationship management and marketing platform that helps law firms manage client communications. Its technology delivers case updates, automated touches, scheduled messages and other client-facing workflows. The company is led by co-founder and CEO Lauren Sturdivant. In November 2020 it raised $1.5M in a Series Seed II round. The proceeds will be used to support growth, including the hiring of veteran personnel and development of new feature sets for specific practice areas. Case Status is based in Birmingham, Ala.
- CoachCare
Participated · Equity · Jul 2024
CoachCare provides remote patient monitoring (RPM), chronic care management (CCM), and remote therapeutic monitoring (RTM) solutions used by healthcare organizations. Led by CEO Andrew Zengilowski, its platform has supported more than 150,000 patients nationwide. The company says it will use the new funds to expand operations and accelerate product development. Financially, CoachCare raised $11M in the latest funding round led by Catalyst Investors. This followed a $48M funding round in June led by Integrity Growth Partners and Topmark Partners, bringing total equity funding for 2024 to $59M. The company also secured a credit facility with Everberg Capital providing up to $52M in debt financing, and has raised over $110M in debt and equity capital this year to support growth and provide liquidity to existing equity holders. CoachCare provides a platform that combines software, connected devices, outreach and monitoring services to enable RPM, chronic care management (CCM), principal care management, and behavioral health integration. Its comprehensive offering helps healthcare providers establish and operate virtual care programs at scale, improving patient outcomes and increasing practice revenues. More than 150,000 patients and hundreds of healthcare organizations use CoachCare's solution. The company has been growing rapidly both organically and through M&A. CoachCare plans to use the investment to accelerate growth in key business areas, enhance product offerings, and scale operations while remaining founder-led. The partnership with Integrity Growth Partners is intended to leverage IGP's software and operational expertise to support go-to-market, talent, and M&A initiatives.
- K4Connect
Participated · Equity · Jul 2023
K4Connect is a healthtech company that provides enterprise technologies to senior living communities, based in Raleigh, N.C. Its core product is FusionOS, a patented integration platform that connects new and emerging technologies and aggregates health and behavioral data across systems and applications. K4Connect also offers the K4Community Engagement Suite to improve resident engagement and staff workflows. The company says FusionOS helps operators optimize caregiver workflows, lower costs, and improve resident care; its FusionOS and Engagement Suite serve tens of thousands of residents and staff across U.S. senior living communities. K4Connect raised $8.9M in a recent financing, bringing total capital raised to $39M, and plans to use proceeds to drive further adoption in the senior living market and continue advancing its technology. The company is led by CEO F. Scott Moody and announced Mike Weller will join as COO. K4Connect builds a software platform that integrates any number of disparate smart devices, systems and applications into a single responsive system. Its initial K4-branded products, including K4Community, are specifically tailored for seniors and individuals living with disabilities. The company has focused productization around senior living and accessibility use cases. K4Connect is based in Raleigh, North Carolina. Financially, the company has raised an additional $12 million in venture funding during the pandemic period, bringing total capital raised to $35 million since the start of the pandemic. The recent funding includes participation from both existing and new investors tied to the senior-living and real-estate industries. K4Connect offers a FusionOS-based platform (branded K4Community) that bundles voice assistance, pre-provisioned Alexa devices, home automation (thermostats, lights, sensors), video and messaging, resident directories, games and community communications for senior living and care facilities. The company sells its SaaS on a per-resident basis (ranging from a few dollars to tens of dollars per month depending on modules) and includes support and facility productivity tools like event management, surveys and resident/family management. K4Connect serves over 800 continuing care, independent living and assisted living communities and has a 57-person full-time team. The product roadmap has been adjusted during the COVID-19 outbreak (Project COVID 911) to prioritize communications, content delivery, expanded video chat and pre-provisioning to limit in-room installations. The platform also supports livestreamed programming, dining booking tools and resident-to-resident and resident-to-staff video chat. The company is actively developing solutions to expand beyond facility-based communities into affordable housing and seniors living independently. K4Connect is a Raleigh, N.C.-based technology company that creates solutions to serve and empower older adults and individuals living with disabilities. It provides K4Community, a platform designed for residents, staff and operators of senior living communities that integrates smart home, smart wellness and smart living technologies into a single system. The company also develops an underlying Fusion platform/OS to unify those technologies and deliver tools and data for care and hospitality teams. K4Connect intends to use the new funding to further develop K4Community and the Fusion platform, expand its customer base, and accelerate partnerships across consumer and senior living-specific companies. It reports more than 13,000 residents across dozens of senior living communities from Florida to California as customers. The company is led by co-founder and CEO F. Scott Moody and has raised over $22M to date following this round. K4Connect provides K4Community, a responsive platform that integrates smart technologies to foster family and community engagement for senior living residents. K4Community lets residents control their apartments, connect with family and friends through photo sharing and video chats, and stay engaged via event calendars and newsletters. The platform also enables community operators to improve care and hospitality with value-added amenities. K4Connect intends to use the Series A proceeds to accelerate growth of K4Community, its first product. The company is led by co-founder and CEO Scott Moody and is based in Raleigh, N.C.
- Datasembly
Participated · Series B · May 2023
Datasembly provides real-time product pricing, promotions, and assortment data and software to retailers and CPG brands. It collects hyper-local, real-time data from tens of thousands of retail, grocery and QSR locations across North America and has captured over three years of data through a proprietary data collection engine. The company says it collects and normalizes billions of data points weekly and serves some of the largest and most competitive CPGs and retailers. Datasembly recently launched a Product Matching service with a proprietary match maintenance engine to keep product matching collections fresh. The new funding will be used to scale the business in a capital-efficient manner and to bring new tools to market quickly. Co-founder and CEO Ben Reich said the company has continued to grow and scale despite a cooler funding environment. Datasembly offers a platform that delivers hyper-local, real-time product pricing, promotions, and assortment data for retailers and CPG brands. Its proprietary data collection engine captures over three years of historical data and collects information from tens of thousands of retail, grocery and QSR locations across North America, covering online and brick-and-mortar sources. The company counts three of the top ten CPG brands and two of the top five regional and national retailers among its customers. Datasembly’s web app surfaces immediate visibility and insights to help clients respond to market changes and pricing dynamics. Management plans to use new funding to accelerate growth in engineering, sales operations, and sales and marketing strategies, and to continue introducing new products and improving insight delivery. The company recently secured new capital to support that expansion and added two board members to support its growth. Datasembly provides real-time data on product availability and pricing for consumer packaged goods brands and retailers by scraping retail data at massive scale. Founded by Ben Reich and Dan Gallagher after working at a retail analytics firm, the company aims to eliminate errors in pricing data that lead to poor business decisions. Datasembly went through the 500 Startups accelerator and previously raised a small seed round. It already counts three of the nation’s largest CPG brands and two of the top five regional and national retailers among its customers. With a $10.3 million Series A led by Craft Ventures, Datasembly plans to expand sales, marketing and product development. As part of the round, David Sacks of Craft Ventures will take a seat on Datasembly’s board.
- Soundstripe
Led · Series B · Aug 2022
Soundstripe is a provider of royalty-free music, sound effects, and stock video used by creators, filmmakers and brands. The company offers nearly 200,000 “use anywhere” digital content assets and owns 8,000+ songs in its publishing catalog. Soundstripe has tens of thousands of customers worldwide and has surpassed more than 13 million total song, sound effect and stock video downloads since its launch in 2016. Its publishing catalog has generated hundreds of millions of impressions across distribution outlets. Soundstripe plans to use its new funding to invest in B2B products and services to grow its expanding Enterprise business, as well as to build tools for its core creator customer base. The company will continue investing in its publishing business to leverage content ownership and distribution. Soundstripe provides unlimited, royalty-free music to video producers through a subscription model, employing composers, mix engineers, songwriters and producers to create and maintain its catalog. Licenses cover all uses and remain in effect if a producer cancels or lets a membership expire. Since launching in 2016 the company has issued over 2 million micro-licenses across more than 130 countries and was exceeding 2019 growth expectations. A few months after completing a $4M Series A, Soundstripe received an additional $2M financing from Craft Ventures. The company says the new capital will fund music acquisitions and partnerships and expand relationships with producers, songwriters, and engineers. Soundstripe also plans to expand into the podcast segment, accelerate international growth, and grow its team and product offerings. Soundstripe is a Nashville, Tenn.-based tech-enabled production music company that provides royalty-free music for video through a subscription model. Its catalog music is created by a team of employed composers, mix engineers, songwriters, and producers. Subscribers pay a fee to legally use music in their videos via micro-licenses that cover all uses and remain in effect if membership is canceled or expires. The service targets filmmakers, YouTubers, advertisers, and other video creators seeking to avoid complicated contracts and high fees. Since its 2016 inception, the company has sold over 2 million micro-licenses across more than 130 countries. Soundstripe plans to use new funding to expand its presence, invest in original content, broaden product offerings, and enhance its enterprise solution.