Greater Sum Ventures Acquires Kologik

Greater Sum Ventures Acquires Majority Stake in SOMA Global

February 8, 2024

Cloud & SaaS

Greater Sum Ventures (GSV), an entrepreneurial family office, has made a majority investment in SOMA Global, a Tampa-based provider of cloud-native public safety software. The capital will support product innovation and integration with GSV’s recently acquired Utility business while SOMA’s CEO Chris Maloney and the leadership team will remain in place; Weatherford Capital will remain a minority investor.

Kologik Acquires Alabama-based ALEN

May 16, 2023

Cloud & SaaS

Kologik, a Baton Rouge-based provider of cloud software for public safety, has acquired the assets of ALEN, an Alabama-based provider of cloud solutions for federal, state and local law enforcement. The acquisition is intended to expand Kologik's technology capabilities and open new markets across multiple southeastern states while ensuring a smooth transition for ALEN customers.

Greater Sum Ventures Makes Majority Investment in STRAX Intelligence Group

March 21, 2024

Cloud & SaaS

Greater Sum Ventures (GSV), an entrepreneurial family office and growth equity investor, announced a majority investment in STRAX Intelligence Group, a Boca Raton–based provider of cloud-native sensor fusion and real-time crime center software. The funding will support STRAX's product development and data-aggregation capabilities and expands GSV's suite of public safety technology holdings alongside prior investments in Utility Associates and SOMA Global; terms were not disclosed.

Greater Sum Ventures Leads Majority Investment in Vehlo

June 6, 2022

Cloud & SaaS

Greater Sum Ventures (GSV) led a majority strategic growth investment in Vehlo, joined by existing investors PSG, HarbourVest Partners and Parkwood, and new investor Lightyear Capital. The financing will support Vehlo’s product innovation, customer success initiatives and additional add-on acquisitions as it expands its cloud-based software and fintech solutions for the automotive repair industry.

Greater Sum Ventures Acquires Majority Stake in Utility Associates, Inc.

November 13, 2023

Government & Public Sector

Greater Sum Ventures (GSV) has made a majority investment in Utility Associates, Inc., a Decatur, Georgia–based provider of digital evidence management, body-worn and in‑car video systems for law enforcement and first responders. Prior backer Hicks Holdings LLC will remain a minority investor and PSG Equity joins as a new minority investor; the capital will be used to accelerate product innovation and growth.

Greater Sum Ventures Makes Majority Investment in MyVenue

May 6, 2025

Cloud & SaaS

Greater Sum Ventures (GSV) has made a majority investment in MyVenue, a cloud-based point-of-sale (POS) provider for sports, entertainment and hospitality venues. The funding (terms undisclosed) will provide capital and resources to accelerate MyVenue’s global growth and R&D while the company continues to be led by founder and CEO Tim Stollznow.