Invictus Growth Partners Takes $37M Majority Stake in Campfire Interactive

Campfire Interactive Acquires Cover 4 PM

January 22, 2026

Software

Campfire Interactive acquired Cover 4 PM to add manufacturing-specific program and project management capabilities to its AI-driven profit optimization platform, expanding forecasting, quoting, and program execution workflows. The Cover 4 PM team, including co-founders Joe McCarthy and Rob Giannone, will continue operating under Campfire; the deal follows Invictus Growth Partners’ $37 million majority investment in Campfire in September 2024.

Summit Partners Leads $625M Growth Investment in Invicti Security

October 20, 2021

Cybersecurity

Invicti Security, a leader in web application security (Acunetix and Netsparker), has secured a $625 million growth investment led by Summit Partners, with existing investor Turn/River Capital remaining a significant shareholder. The financing will support product expansion and global growth as Summit joins the board to help accelerate the company's rapid expansion.

Invictus Growth Partners Makes $30M Majority Investment in StructuredWeb

January 22, 2025

Cloud & SaaS

Invictus Growth Partners has made a $30 million majority growth investment in StructuredWeb to accelerate the company's AI-driven ChannelAI roadmap and expand its global footprint. As part of the deal, Invictus co-founders John DeLoche and William Nettles joined StructuredWeb's board to support product development, customer success and market expansion.

Invictus Growth Partners Acquires Majority Stake in Allbound Inc.

July 26, 2022

Cloud & SaaS

San Francisco-based private equity firm Invictus Growth Partners invested $43 million to acquire a controlling (majority) stake in Allbound Inc., a SaaS provider of partner relationship management (PRM) software. Invictus will support Allbound's growth and product development — including adding machine-learning capabilities — to accelerate sales, marketing, and platform enhancements.

Summit Partners Leads $70M Minority Growth Investment in Formative

June 15, 2021

Education

Summit Partners led a $70 million minority growth investment in Formative, a SaaS-based K–12 student data and assessment platform, with participation from Emerson Collective, Fika Ventures, MaC/Mac Ventures and Rethink Education. The capital will fund product expansion, increased teacher and administrator support, and international growth while Summit’s Tom Jennings joins Formative’s board.

Summit Partners Leads $110M Growth Round in Jungle Scout; Jungle Scout Acquires Downstream Impact

March 4, 2021

Cloud & SaaS

Jungle Scout raised $110 million in growth capital in a round led by Summit Partners with participation from Founder & CEO Greg Mercer to expand its ecommerce SaaS platform and support strategic investments. Concurrently, Jungle Scout acquired Seattle-based Downstream Impact, an AI-powered Amazon advertising technology provider, to bolster its advertising and ecommerce brand-management capabilities.