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FTV Capital

San Francisco, CAFTV-CAPITAL
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Dossier Summary

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Classification
Slugftv-capital
HQSan Francisco, CA
Stage FocusFTV makes both control and minority equity investments in…
Intel StatusAccepting submissions
🔥 BERNIE'S HOT TAKE

FTV has been on Inc.'s Founder-Friendly list for five straight years and ranked #6 globally in growth equity performance rankings, which actually means something since those are based on founder surveys, not marketing budgets. The founder testimonials feel genuine - ReliaQuest's CEO says they 'gave us freedom to run our business our way' and were 'part of the team,' which is rare in growth equity where most funds want to play CEO. Their 600+ person Global Partner Network isn't just for show - they facilitated 475+ commercial introductions in 2024 alone. The numbers back up the hype: $10.2B raised, $7.4B realized since 1998, and $1.1B in exits just in 2025. The downside? They're big now ($4B+ latest fund) so they're not exactly scrappy anymore, and with 150+ portfolio companies, you're not getting boutique attention.

KEY TAKEAWAYS
  • Best for: Founders who want genuine partnership without micromanagement in fintech/enterprise
  • Known for: Actually useful 600+ executive network and proven 26-year track record
  • Watch out for: Fund size means less individual attention than smaller growth shops
Investment Thesis

FTV Capital partners with successful management teams to accelerate transformative growth across enterprise technology and financial technology. They focus on companies where their domain expertise, Global Partner Network, and FTV Propel value creation platform can add significant value to innovative companies.

Stage & Sector Focus

FTV makes both control and minority equity investments in enterprise and financial technology companies with check sizes from $20-300 million across their two fund vehicles. Their portfolio is heavily concentrated in Enterprise Applications (90 investments) and FinTech (52 investments), demonstrating they're a true growth equity specialist, not just marketing speak.

Notable Portfolio
ReliaQuestEBANXAgiloftLoanProNeptune FloodDocupaceVagaroKore.ai
Key Partners
Brad Bernstein
Managing Partner

Brad oversees FTV's global strategy and has been at the firm for over 20 years focusing on enterprise and financial technology investments. He has over 25 years of PE experience, previously was a partner at Oak Hill Capital Management, and started at Patricof & Company Ventures before doing investment banking at Merrill Lynch. Known for his 'unwavering commitment to building collaborative, long-term partnerships with founders' according to the firm's own materials.

Adam Hallquist
Partner

Recently promoted to partner in 2026, Hallquist leads investments in FTV Ascend with focus on vertical software, payments and fintech. He's been at FTV since 2014 and sits on boards including ConnexPay, Docupace, JustPark and ProfitSolv. Was actively involved in several successful exits including Finaro, Riskalyze, Sunlight Financial, and VPay.

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INVESTOR ACCESS PERMANENTLY DENIEDBERNBOOK // DOSSIER v1