Participated · Equity · Sep 2025

Ortivity is a buy-and-build platform focused on the German outpatient orthopedic market, delivering diagnostics, anaesthesia, surgery and aftercare services. Founded in 2022 in collaboration between Dr Reinhard Wichels and Apheon, it is based in Munich. The company is present across three regional clusters—Bavaria, North Rhine-Westphalia and Baden‑Wuerttemberg—and has scaled to over 100 locations in total. Ortivity intends to use the new funds to expand its business reach across Germany. The transaction allows existing shareholders a partial exit and accompanies the appointment of co‑CEO Dr med. Michael Thorwarth. Its strategy emphasizes acquisitive growth within the outpatient orthopedics segment.

Participated · Series D · Feb 2024

Capillary Technologies India is a software product company offering artificial-intelligence-driven, cloud-native SaaS applications that help enterprise customers deepen consumer and channel-partner loyalty. Its platform is deployed globally, targeting large enterprises that want to enhance engagement and retention. For the six months ended September 2025, the company recorded consolidated revenue of ₹359.21 crore, following FY 25 revenue of ₹598.25 crore. To accelerate growth, the company is moving toward a public listing on the BSE and NSE. A portion of the IPO proceeds will come from a fresh issue of shares, providing new capital to the business. Capillary’s upcoming listing is being managed by JM Financial, IIFL Capital Services and Nomura Financial Advisory & Securities (India), with MUFG Intime India acting as registrar. The firm’s strategy centers on expanding its AI-driven loyalty product suite and scaling its global enterprise footprint.

Participated · Series D · Jun 2023

Capillary provides an end-to-end customer loyalty and engagement platform that delivers real-time omnichannel personalization and unified cross-channel strategies. Led by CEO Sameer Garde, the company offers a comprehensive view of consumers and powers loyalty programs for retailers and brands. It currently powers 100+ loyalty programs across 30+ countries and works with over 250 brands, including Tata, PUMA, Shell, Al‑Futtaim, Petron, Domino’s, Kanmo Group, and Marks & Spencer. Capillary has a presence across the United States, India, the Middle East, and Southeast Asia and recently strengthened its position through the acquisition of Texas-based Brierley. The company plans to use new funding for global expansion and to support its mergers-and-acquisitions strategy. Capillary raised $45M in funding to support these plans. Capillary Technologies offers the Intelligent Customer Engagement (ICE) platform to help retailers manage customer data, gain insights and personalize engagement across multiple channels. The platform is designed to drive increased sales and customer loyalty through targeted, omnichannel engagement. Capillary powers more than 150 major brands across 10,000 retail locations and brings instant shopper gratification to over 100 million consumers worldwide. The company emphasizes rapid deployment and easy management of customer data for retailers. Financially, Capillary completed a $14 million Series B round and had previously raised $17 million in Series A financing in 2012 from existing backers. The long-term product focus remains on expanding retailer adoption of its ICE platform.

Participated · Series B · Mar 2023

Sesamm provides an NLP-driven platform (flagship product: TextReveal) that ingests and analyzes textual data from news portals, NGO reports and social networks to surface ESG, reputational and risk insights. Customers can access the service via an API or a web dashboard with visualizations, alerts and system integrations for use cases such as supply-chain monitoring, due diligence and share-of-voice analysis. The company applies its models to a 20 billion-article data lake spanning 100+ languages and fine-tunes pre-trained large language models on its annotated datasets. Notable clients include Carlyle Group, Natixis, Tokio Marine and Unigestion, and some investors in the recent round are also customers. Sesamm faces competition from well-funded players such as AlphaSense, Dataminr and FactSet/Truvalue Labs. The company raised €35 million in its latest round to support international expansion, particularly into the U.S. and Asian markets. SESAMm develops analytics and investment signals by analysing billions of web articles and messages with natural language processing (NLP) and machine learning. Its products include the NLP platform TextReveal and the quantitative data‑science platform SignalReveal, which address the alpha research value chain. The company serves major hedge funds, banks and asset-management clients and counts The Carlyle Group among customers that moved from pilot to scale. SESAMm was founded in 2014 and has a team of more than 50 people across offices in Paris, New York, Tokyo, Tunis and Metz. Recent hires and board advisors have been added to support strategic decision‑making and North American expansion. The company plans to use new capital to grow headcount, expand in Europe, Asia and North America, continue R&D in ML/NLP, develop AI-enabled research tools and dashboards, and enter private-equity deal sourcing and portfolio management use cases.