Riverwood Capital’s Post

We are delighted to share the news that we have recently closed on approximately $1.8 billion in capital commitments to invest in the next generation of high-growth technology companies globally. This milestone coincides with the Riverwood’s 15-year anniversary.   The acceleration of tech transformation globally continues, and we see a growing set of opportunities to partner with amazing teams to build fundamentally strong companies as we enter a balanced new era of technology growth.   The latest capital raise exceeded our target, and we would like to express gratitude to our investors and partners, who have recognized and share the excitement for Riverwood’s growth focus and disciplined approach, and to the firm’s entire team and portfolio who have been instrumental in executing a consistent vision to create long lasting category-defining companies. Francisco Alvarez-Demalde, Jeff Parks, Tom Smach, Chris Varelas, Lisa W., Harish Belur, Scott Ransenberg, Joaquim Lima, Joe R. De Pinho, Alex Porto, Ramesh Venugopal, Federico Storani, Felipe Fagundes, George Jian, Vizay Kotikalapudi, Gustavo Pinheiro Melo, John Yang, Eric Ma, Keith Janosky, Lara Phillips, Mei Liang, Sophia Lee, Caitlin Mitchell

Last month, we had the pleasure of hosting the India Global Growth Founders Exchange at The Oberoi, Bengaluru, in partnership with Avendus. The discussions were particularly enlightening, focusing on key topics such as what it takes to enter the US market and how global tech companies born out of India can effectively scale in the US. We were honored to have Mariano Gomide de Faria - VTEX, Co-Founder & Co-CEO of VTEX, and Daniel Chait, Co-Founder & CEO of Greenhouse, join us. They shared their thoughts on the nuances of the US market and emphasized the critical importance of operational agility in successfully navigating global markets. The event was filled with dynamic conversations and valuable insights, leaving us all inspired and energized to continue driving growth and innovation. A big thank you to everyone who participated and contributed to these impactful discussions! Karan Sharma, Rishabh Jain, VTEX, Greenhouse Software, Jeff Parks, Francisco Alvarez-Demalde, Harish Belur, Anant Goel

We are proud to announce a $24 million investment in netLex to bring transformative AI capabilities to contract lifecycle management (CLM) so enterprises can automate workflows and seamlessly manage their contracts across departments. Flávio Ribeiro, CEO and founder of netLex: “Every company uses contracts to interact with the world, whether selling services or hiring suppliers. Contracts are the ‘rules of the game’ that govern these relationships. Well-drafted and managed contracts enable more efficient business operations.” Huge thanks to the netLex team, it’s exciting to partner with you on your continued growth journey! Read more here: https://lnkd.in/dRDKxzUa Wagner C. Possas Filho, Antonio Neto, Francisco Alvarez-Demalde, Jeff Parks, Gustavo Pinheiro Melo, Lucas Vassalo

We’re excited to share news of our latest investment!   Riverwood led a $70 million growth round in HammerTech , the mission-critical software solution for modernizing construction site safety and efficiency on a global scale.   Ben Leach, CEO & Co-Founder of HammerTech: “Working on a construction site is still one of the most dangerous jobs in the world, with the highest number of workplace fatalities of any industry. Sadly, many of these life-changing events are preventable. As projects become more complex, technologies must go beyond digitizing forms. We need to make day-to-day processes and activities easier for site teams so they can focus on working safely and doing what they do best – building.”   We couldn't be more excited to partner with this incredible and visionary team as they bring much-needed enterprise-wide safety intelligence software to new markets and customers across the construction industry.   Read more here: https://lnkd.in/db55BPfN James Harris, Wynand Stassen, CPA, CA, Michael Goldstein, Georgia Bergers MRICS, Jeff Parks, Ramesh Venugopal, Eric Ma, Anant Goel, Caitlin Mitchell

Congratulations to Riverwood's Co-Founder and Managing Partner Francisco Alvarez-Demalde on being named “Investor of the Year” by Americas Society/Council of the Americas for the 29th BRAVO Business Awards. For almost three decades, the awards have recognized excellence and outstanding leadership in business and policy throughout the Americas. “Francisco Alvarez-Demalde will be honored with the BRAVO Investor of the Year Award for his influential role in the global technology investing industry and his commitment to nurturing the entrepreneurial ecosystem in Latin America. His investments in and business building contributions have led Riverwood and its portfolio to global success and lasting impact since the firm’s founding in 2008… Today, Riverwood Capital is one of the leading investment firms solely dedicated to technology growth and scalability. Francisco Alvarez-Demalde co-heads the firm and has been involved in the scalability journey of several of Riverwood’s portfolio companies, including supporting their expansion plans across multiple geographies and products, scale-up of operations, talent development, acquisitions, multi-billion exits, and IPOs.” Also, huge congratulations to the other honorees, including Paula Santilli, CEO of PepsiCo Latin America, Martin Migoya, CEO of Globant, and João Vitor Menin, CEO of Inter&Co. This award is given by the Council of the Americas. Award winners will be honored at a dinner and award ceremony on October 30, 2024. No compensation was paid by Riverwood or its members in connection with obtaining this award. Link: https://lnkd.in/dwRVraWq Susan Segal, Ana Gilligan, Caitlin Mitchell

It has been great to have a front row seat to the exceptional tech innovation and leadership coming from Latin America for more than a decade.   Riverwood started LTF in 2011 as an initiative to support and develop the Latam tech ecosystem, and we are extremely proud of LTF’s growth and quality. Today, LTF has become a critical meeting point and hub for the leading technology-related constituencies from Latin America and it is supported by world-class institutions.

We are thrilled to share details of Riverwood’s $50 million growth investment in Legion Technologies! This investment marks a significant milestone toward advancing intelligence automation, enhancing workforce efficiency, and elevating employee engagement to new heights. We extend our heartfelt gratitude to Sanish Mondkar and the incredible team behind Legion and we look forward to the journey ahead. Sanish Mondkar, Gopal Sundaram, Michael Spataro, Isabelle Wang, Tiffany Chelsvig, Amer Moorhead, Kristin Brennan, Mitri Dahdaly, Mimi Lo, Francisco Alvarez-Demalde, Jeff Parks, Ramesh Venugopal, Felipe Fagundes, Matthew Harper, Caitlin Mitchell

Congratulations Sensor Tower on the recent acquisition of data.ai! Oliver Yeh, CEO of Sensor Tower: “This marks a new and exciting chapter, not only for Sensor Tower, but for the digital marketing and mobile app intelligence industry as a whole.” Theodore Krantz Jr., Alexey Malafeev, Gabe Gottlieb, Anthony Bartolacci, Tom Cui, William Merchan, Casey Ryan, Jeff Parks, Ramesh Venugopal, John Yang, Shriya Parepally