Riverwood Capital Invests $24 Million in netLex

Riverwood Capital Leads $50M Growth Investment in Legion Technologies

May 7, 2024

Cloud & SaaS

Legion Technologies, a provider of AI-native workforce management software, raised $50 million in a growth round led by Riverwood Capital with participation from existing investors including Norwest, Stripes, Webb Investment Network and XYZ. The capital will be used to accelerate product R&D, expand go-to-market (including a European GTM team) and support international customer growth.

Riverwood Capital Leads $40M Growth Investment in Hyperproof

August 30, 2023

Cloud & SaaS

Hyperproof, a Bellevue-based SaaS risk and compliance management platform, closed a $40 million growth investment led by Riverwood Capital with participation from existing investor Toba Capital. The funding will be used to expand Hyperproof's enterprise-grade offerings, accelerate product development (including AI-driven automation) and scale the company's go-to-market for mid-market and large enterprise customers.

Riverwood Capital Invests $25M in Cognosos

March 8, 2023

Cloud & SaaS

Riverwood Capital led a $25 million growth investment in Cognosos to accelerate the company's product development, go-to-market expansion, and hiring. Cognosos, an Atlanta-based provider of AI-powered real-time location services (RTLS) and asset visibility software, will use the funds to expand in healthcare, automotive and logistics markets and enhance its platform.

Riverwood Capital Invests $46.5M in Files.com

February 2, 2021

Cloud & SaaS

Files.com, a provider of secure file workflows and automation, received a $46.5 million growth investment from Riverwood Capital to accelerate product development and expand adoption of its cloud-based automation platform. The company -- a bootstrapped, profitable business serving more than 1,500 customers -- will use the capital to speed its development roadmap and scale growth.

Riverwood Capital Invests R$160 Million in Amigo Tech

January 26, 2024

Healthcare Services

Riverwood Capital acquired a minority stake in Amigo Tech through a R$160 million (approximately US$33 million) investment from its latest fund. Amigo Tech is a São Paulo-based healthtech that provides an integrated software platform for clinics and physicians covering scheduling, medical records, billing/accounting and a digital account; the capital will support the company’s growth and product expansion.

Clio Acquires vLex for $1 Billion and Closes $500M Series G at $5B Valuation

November 10, 2025

Cloud & SaaS

Clio completed its US$1 billion acquisition of legal research and AI provider vLex and concurrently closed a US$500 million Series G led by New Enterprise Associates at a US$5 billion valuation. The transaction includes a US$350 million debt facility led by Blackstone and funds managed by Blue Owl Capital, and Oakley Capital (vLex's majority owner) took equity in Clio as part of the deal.