Five Elms Capital Leads $12M Series A in Barti Software

Five Elms Capital Leads $27M Growth Investment in Practice Better

April 27, 2023

Cloud & SaaS

Practice Better, a Toronto-based practice management SaaS for health and wellness professionals, raised a $27 million growth investment led by Five Elms Capital to accelerate product development, integrations, strategic partnerships, and expansion of its go-to-market and technical teams. The company previously raised $1 million from Disruption Ventures in 2021 and will use the funding to scale capabilities and better support its global customer base.

Banneker Partners Invests in Eyelit

March 22, 2022

Software

Banneker Partners, an enterprise software-focused investment firm, made a growth investment in Eyelit Inc., a provider of Manufacturing Execution (MES), Quality Management (QMS), and factory automation software. The capital and Banneker's software expertise will accelerate Eyelit's product development and market expansion in Industry 4.0 and smart factory solutions.

Gymdesk Raises $32.5M Growth Investment from Five Elms Capital

July 8, 2024

Cloud & SaaS

Gymdesk, a provider of member management SaaS for gyms and boutique fitness studios, has raised a $32.5 million growth investment from Five Elms Capital. The capital will be used to accelerate product development, expand market reach, and deepen support for existing and new customers.

Performant Capital Makes Majority Growth Investment in EyeMD EMR Healthcare Systems

April 26, 2025

Healthcare Services

Performant Capital, a Chicago-based private equity firm, has made a majority growth investment in EyeMD EMR Healthcare Systems, a provider of EMR, practice management, patient engagement, and RCM solutions for ophthalmologists. The investment will support product and platform expansion, deepen revenue cycle management capabilities, and accelerate growth while EyeMD EMR's leadership team remains in place.

PSG Leads $11M Growth Investment in Beti

November 17, 2022

Construction

Beti, a Tel Aviv–based cloud construction site management software provider, raised an $11 million strategic growth round led by PSG with participation from 97212 Ventures. The funding will support Beti's product development and accelerate its U.S. expansion following the opening of a Brooklyn office, while continuing to serve its Israeli customer base.

Baird Capital Invests $53M in EvoluteIQ

September 17, 2025

AI & Machine Learning

Baird Capital has made a $53 million growth investment in EvoluteIQ, an AI-native platform that automates end-to-end business processes. The funding will be used to accelerate EvoluteIQ's global expansion and scale its enterprise agentic AI capabilities across industries including banking, insurance, healthcare, telecom and manufacturing.