Sverica Capital and Salesforce Ventures Invest in Coastal Cloud

Tata Consultancy Services Acquires Coastal from Sverica for $700 Million

December 10, 2025

IT Services

Tata Consultancy Services (TCS) has acquired Coastal (formerly Coastal Cloud), a Palm Coast, Florida–based Salesforce, data and AI consultancy, from Sverica Capital Management for $700 million. The deal brings Coastal's ~600+ professionals and Salesforce-led transformation capabilities into TCS's global platform to strengthen TCS's Salesforce and AI-led services while retaining Coastal's brand and operating model.

Sverica Capital Management Invests in Cytracom

February 27, 2020

Cloud & SaaS

Sverica Capital Management has made a growth investment in Cytracom, a Dallas-area provider of cloud-based UCaaS software sold exclusively through the MSP channel. Sverica partners will join Cytracom's board while the existing senior management team, led by CEO Zane Conkle, remains in place; the capital will be used to accelerate product feature development and support partner growth.

Sverica Capital Management Invests in Gryphon Networks

November 12, 2019

Cloud & SaaS

Sverica Capital Management has made a strategic growth investment in Gryphon Networks, a Boston-based provider of sales performance management and compliance SaaS. The investment will help Gryphon accelerate product development and expand its sales performance management functionality to meet increasing customer demand.

Sverica Capital Management Makes Strategic Investment in Stream Companies

April 17, 2019

Marketing & Advertising

Sverica Capital Management LP has made a strategic growth investment in Stream Companies, LLC, a Malvern, Pennsylvania–based integrated advertising agency and SaaS provider serving automotive OEMs and dealerships. The investment will support acceleration of Stream’s digital media capabilities and software product development (including its FullThrottle platform and Shopper Suite), while enabling team expansion to meet increased demand.

Sverica Capital Management Makes Growth Investment in Omeda

August 2, 2022

Cloud & SaaS

Sverica Capital Management made a strategic growth investment in Omeda, a Chicago-based SaaS audience relationship management and customer data platform. The partnership will support Omeda’s product investments, go-to-market expansion, and client experience improvements, with Sverica partners joining Omeda’s board.

Sverica Capital Management Makes Strategic Growth Investment in Raken

September 9, 2025

Cloud & SaaS

Sverica Capital Management announced a strategic growth investment in Raken, a Carlsbad, California–based field management software provider serving the construction industry. Sverica will reinvest capital to support product development and expansion of Raken's field management platform; Sverica partners Jordan Richards and Michael Dougherty will join Raken's board while CEO Ty Kalklosch remains in place.