Resolve Growth Partners Closes Inaugural Funds
Gunderson Dettmer represented Resolve Growth Partners in the formation of its inaugural funds, Resolve Growth Partners Fund I, L.P. and Resolve Growth Partners Fund I-B, L.P. Resolve Growth Partners raised a combined total of over $157 million and was oversubscribed. The fund focuses on growth equity investments in the lower-middle market enterprise software industry.
In the announcement of the transaction, co-founders of Resolve Jit Sinha and Chris Rhodes said, “We’re immensely appreciative of the strong support we’ve received from our new limited partners, particularly in these unprecedented times. Additionally, we look forward to continuing to partner with growth-stage software companies where investments in the team, go-to-market and operations can help accelerate growth.”
The Gunderson deal team was led by Nicholas Guttilla and included Priya Patel and Andrew Griffin.