About Invictus Growth
Invictus Growth is a venture capital firm founded in 2019. It is primarily based out of San Francisco, United States. As of Dec 2025, Invictus Growth is an active investor, having invested in 35 companies, with 2 new investments in the last 12 months. It primarily invests in PE round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and HealthTech. Most recently it participated in the $***** Series B round of Informed Overall, Invictus Growth portfolio has seen 1 unicorn, 1 IPO and 17 acquisitions including key companies like Proofpoint, Verifone and BlueCat. A lot of funds co-invest with Invictus Growth, with names like Ingwe sharing a substantial percentage of its portfolio. Invictus Growth has team of 42 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
PE, Series B & 2 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Invictus Growth's List of Top Investments
Invictus Growth has a portfolio of 35 companies, one of which is a Unicorn. Their most notable investments are in Boost Payment Solutions and Axiad.Their portfolio spans across United States, Kenya, Belgium and 5 more locations. They have invested in Enterprise Applications, High Tech, HealthTech and 18 other sectors, across stages such as PE, Series B and 2 more. Here is the list of top investments by Invictus Growth:1. Proofpoint
Provider of cybersecurity solutions, services, and training for enterprise protection. The company offers a platform securing connections across email, cloud, and collaboration tools. It focuses on protecting people and securing data, addressing threats and data loss. The company provides solutions for collaboration security, data security and governance, and platform technologies.
Key facts about Proofpoint
- Founded Year: 2002
- Location: Sunnyvale (United States)
- Annual Revenue: $1.05B as on Dec 31, 2020
- Stage: Acquired
- Total Funding till date: $86M
- Employee Count: 5,049 as on Mar 31, 2026
- Investors: Glynn Capital, Kaplan Group Investments and 20 Others
- Latest Funding Round: Post IPO, Aug 23, 2019, $*****
- Highlight: Acquired
2. Verifone
Provider of end-to-end payment solutions for retail, fuel, and hospitality. The company offers payment devices, software, and related services. These solutions include payment processing, acceptance, and advanced payment methods. It also provides solutions for petroleum and convenience stores, such as site controllers and point-of-sale systems.
Key facts about Verifone
- Founded Year: 1981
- Location: Alpharetta (United States)
- Annual Revenue: $1.87B as on Oct 31, 2017
- Last Known Valuation: $*****
- Stage: Acquired
- Employee Count: 4,708 as on Mar 31, 2026
- Investors: Trinity Capital, Invictus Growth and 7 Others
- Latest Funding Round: Post IPO, Mar 24, 2011, $*****
- Highlight: Acquired
3. CB Insights
AI powered financial database platform focused on private companies. The platform provides comprehensive information, intelligence and insights about private companies that have received venture capital, private equity, angel or government funding. Its products include the CB Insights database platform which offers structured, searchable data on companies and investors, a daily email detailing venture capital, growth equity and angel investment deals.
Key facts about CB Insights
- Founded Year: 2009
- Location: New York City (United States)
- Stage: Series A
- Total Funding till date: $10M
- Employee Count: 271 as on Mar 31, 2026
- Investors: Invictus Growth, Xecced and 4 Others
- Latest Funding Round: Series A, Nov 09, 2015, $*****
- Highlight: Editors' Pick
4. IMVU
Provider of an online 3D avatar-based social network. It is a social network connecting users through 3D avatar-based experiences. Users can chat with other users in virtual 3D rooms, shop for virtual goods, and create their rooms with furniture and accessories.
Key facts about IMVU
- Founded Year: 2004
- Location: Mountain View (United States)
- Stage: Series E
- Total Funding till date: $77M
- Employee Count: 464 as on Feb 28, 2026
- Investors: TriplePoint Capital, Invictus Growth and 8 Others
- Latest Funding Round: Series E, Jan 25, 2021, $*****
- Highlight: Editors' Pick
5. BlueCat
Cloud-based DNS and DHCP appliance and security solutions provider. It offers features such as integration points, robust API library, SSO, DNSSEC development, IPv6 support, threat protection, direct internet access, and automated management. The company also provides technical education, services for DNS, DHCP administrators, network professionals, and security professionals. Its customers span across government, military, financial services, retail, enterprise, and manufacturing sectors.
Key facts about BlueCat
- Founded Year: 2001
- Location: Toronto (Canada)
- Stage: Acquired
- Total Funding till date: $27.8M
- Employee Count: 417 as on Jul 01, 2024
- Investors: Invictus Growth, ForgePoint Capital and 6 Others
- Latest Funding Round: Series B, Jul 05, 2011, $*****
- Highlight: Acquired
Invictus Growth's Year-on-Year Investment Trends
Invictus Growth has invested in 40 companies over the last 5 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 2 investments. Its most recent first time investment was in Informed and most recent follow-on round was in Axiad.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 2 | 0 | 2 |
2024 | 0 | 1 | 1 |
2023 | 0 | 0 | 0 |
2022 | 1 | 0 | 1 |
2021 | 4 | 0 | 4 |
Invictus Growth's Investments by Stage
Invictus Growth has made 3 investments in PE stage with an average round size of $32M, 2 investments in Series B stage with an average round size of $49M, 1 investment in Series A stage with an average round size of $30M and 1 investment in Series C stage with an average round size of $22M.Stage of entry | No. of Investments |
|---|---|
PE | 3 |
Series B | 2 |
Series A | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Invictus Growth's Investments by Sector
Invictus Growth has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, Enterprise Infrastructure, FinTech and Consumer. Notably, it has invested in 28 Tech companies, 25 Enterprise (B2B) companies, 21 Software companies and at least 14 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 5 |
Vertical SaaS | 3 |
Enterprise Infrastructure | 2 |
FinTech | 2 |
Consumer | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
Invictus Growth's Investments by Geography
Invictus Growth has made most investments in United States (7).Invictus Growth's recent investments
Invictus Growth has not made any investment in 2026 so far.Here are the most recent investments by Invictus Growth:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 16, 2025 | United States | Series B | 4593 | - | |
Jun 25, 2025 | United States | Series B | 1309 | - | |
Jul 30, 2024 | United States | PE | 5071 | - | |
Nov 02, 2022 | United States | PE | 8333 | - | |
Aug 2021 | United States | Series A | 6014 |
Unicorns in Invictus Growth's Portfolio
Invictus Growth has 1 unicorn in its portfolio - Bizzabo. The most recent unicorn in their portfolio is Bizzabo which became a unicorn in 2020, 5 years before Invictus Growth first invested in it.Here is a list of unicorns in Invictus Growth's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
56 | Cloud based event management software for enterprises | 2010 | New York City | Series E | xhpezfi |
IPOs and Publicly Listed companies in Invictus Growth's Portfolio
1 of Invictus Growth's portfolio company became public - Bridge.Here are Invictus Growth's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | - | - | 6825 |
Acquired companies in Invictus Growth's Portfolio
17 companies from Invictus Growth's portfolio have been acquired. The most recent acquisition were GroupSense in Mar 2025 by Cognyte.Here are Invictus Growth's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 23, 2025 | - | - | 1493 | |
Mar 11, 2025 | - | - | 2298 | |
Jul 25, 2024 | - | - | 4234 | |
Mar 06, 2024 | - | - | 3230 | |
Oct 14, 2022 | - | - | 2265 |
Team profile of Invictus Growth
Invictus Growth has a team of 42 members including 3 Partners and 2 Principals located in United States. Invictus Growth's team does not sit on the board of any company as of now.Here is a list of top team members in Invictus Growth:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | Chicago | - | ||
Partner | Boston | - | ||
Principal | San Francisco | - | - | |
Principal | San Mateo | - | - |
Co-investors of Invictus Growth
Over the past 5 years, 11 investors have co-invested in Invictus Growth's portfolio companies. This includes funds and angels.
- Invested before Invictus Growth: FIS, Nyca Partners and 7 others have invested in rounds before Invictus Growth. There is 1 company where FIS has invested before Invictus Growth and 1 company where Nyca Partners has invested before Invictus Growth.
- Top Co-investors of Invictus Growth: 2 investors entered a company along with Invictus Growth. These include investors like Ingwe (1 company).
Recent News related to Invictus Growth
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Informed.IQ Gains $63M from Invictus Growth Partners for AI Fraud Prevention and Loan VerificationPR Newswire•Dec 16, 2025•Westlake Financial, Invictus Capital Partners, Informed, Invictus Growth and 1 other
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Invictus Growth Invests $35 Million in AI-Based Energy Analytics ProviderThe Wall Street Journal•Jun 25, 2025•Invictus Growth, Novi
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