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The Venture Codex

Trebuchet Capital

260 Madison Avenue, 8th Floor, New York, NY, 10016, United States

Overview

Trebuchet Capital Management is an alternative investment manager focused on fixed income markets and specialty finance companies.

Total investments
2
Lead investments
0
Investments · 12mo
0
Active investors
0
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Investment portfolio

  • SkyKick

    Participated · Equity · Sep 2021

    SkyKick provides no-code and low-code cloud automation and data protection software for Information Technology Service Providers (ITSPs), with core products that include Cloud Manager. Demand for Cloud Manager surged over 1,000% in the past year, underpinning rapid growth across SkyKick’s migration, protection and management offerings used by more than 30,000 IT partners, including CDW, GoDaddy, Vodafone, Deutsche Telekom, Dustin and SHI. The company cites a market for Cloud Managed Services projected to reach $116 billion by 2025 at a 13.3% annual growth rate and estimates ITSPs will spend 500 million labor hours annually on cloud administration. SkyKick is headquartered in Seattle, has a European headquarters in Amsterdam, and offices in Sydney and Tokyo, serving customers in more than 125 countries. Financially, SkyKick closed a $130 million financing that brings its total capital raised to over $200 million. The company plans to use the funding to fuel product innovation across its platform and accelerate investments in sales, operations and customer success to support a growing global ITSP customer base. SkyKick offers a suite of SaaS cloud management products that help IT solution providers, managed service providers, system integrators, resellers and distributors automate Microsoft Office 365 migrations, data backups and service management. The company is co-founded and led by Co-CEOs Todd Schwartz and Evan Richman. It serves partners in more than 125 countries and operates with about 150 employees across offices in Seattle, Europe and Asia Pacific. SkyKick will use the new funding to continue expanding its product portfolio of cloud automation and management products and to increase investment in people and resources. In the coming months the company plans to add software engineers, sales, business development and marketing professionals around the world. The business has raised over $65M to date. SkyKick is a Seattle-based provider of cloud management products for IT solution providers, led by co-founder and co-CEO Todd Schwartz. Its platform enables IT partners to migrate, backup and centrally manage cloud data and services for products such as Microsoft Office 365 and Dropbox. The company offers Migration Suites plus a new line of products including Cloud Backup, Cloud Manager and Cloud Migration. SkyKick's products are used by over 5,000 partners worldwide. The company intends to use new funds to accelerate product development and expand sales and marketing efforts. To date SkyKick has raised a total of $17.2M. SkyKick is a Seattle-based cloud software company offering products that enable IT solution providers to automate moving customers to Office 365, including sales, planning, migration and management. The company is led by Co-CEOs Evan Richman and Todd Schwartz and CTO Brad Younge. SkyKick serves IT solution providers and distributors such as Ingram Micro and SYNNEX Corporation. The company has raised $7.2m to date and recently secured an additional $3m in capital. SkyKick intends to use the funds to grow operations, doubling headcount from 40 to 80 over the next year and to expand internationally. SkyKick provides a cloud-based application suite that helps IT consultants, system integrators, managed service providers, value-added resellers and other IT partners manage the sales, planning, migration and on-site phases for small and medium-sized businesses moving to Office 365. Its migration application is targeted at moving SMBs to Microsoft’s Office 365 suite, which includes Word Online, Excel Online, Exchange Online, SharePoint Online and Lync Online. The company is based in Seattle, Washington and was founded in 2011 by co-CEOs Evan Richman and Todd Schwartz and CTO Brad Younge. According to a FinSMEs report, SkyKick raised more than $3.7M in funding. The report does not disclose the investors or the instrument types; backers are unknown. The article does not provide revenue, user metrics, or stated future plans.

  • Tastebud

    Participated · Equity · Aug 2013

    StyleSeek is a personalized e-commerce site for lifestyle products that features an interactive relevance engine enabling users to create and refine a unique StyleDNA. Its core recommendations technology works across the style spectrum and is applicable to verticals including apparel, home furnishings, hospitality, travel, and automotive. The site also helps online retailers create custom, contextual shopping opportunities via personalized email placements. The company was founded by two MIT graduates and a FIDM professor and is based in Chicago, IL. According to the report, StyleSeek has raised $750,000 in additional funding. Investors named in the round include Cedar St. Capital, Jumpstart Capital, Padova Investments, Trebuchet Fund, and several angel investors.

Team

No current team members are available.