Vocap Partners ("Vocap"), a leading early-growth equity firm, announced today it has exceeded its initial $100 million target for Vocap Fund IV, and due to continuing investor interest will be accepting commitments of up to $150 million. The continued growth of the firm reflects its top ranked returns to date and proven ability to accelerate value creation in B2B software companies.
ATLANTA and VERO BEACH, Fla., April 17, 2025 /PRNewswire-PRWeb/ -- Vocap Partners ("Vocap"), a leading early-growth equity firm, announced today it has exceeded its initial $100 million target for Vocap Fund IV, and due to continuing investor interest will be accepting commitments of up to $150 million. The continued growth of the firm reflects its top ranked returns to date and proven ability to accelerate value creation in B2B software companies.
Fund IV continues Vocap's focus on Series A and B investments in capital efficient, high-potential B2B software companies. The new fund continues the same strategy as preceding Vocap funds, which have delivered tax-efficient and top tier returns for limited partners. Vocap's disciplined focus on efficient growth has enabled the firm to deliver top decile net realized returns at a time when the overall market is struggling to return capital to limited partners. The firm's focus on tax efficiency has benefited its portfolio company founders and its investors, as the majority of proceeds distributed by Vocap to date have been tax free.
A Differentiated Approach
The VC landscape is increasingly concentrated—70% of early-stage capital is focused in the top four U.S. metro areas, and 75% of 2024 venture capital went to only 30 funds. This concentration forces large funds to pursue a small number of companies, predominantly based in those four hubs, that must achieve hyper-growth and multi-billion-dollar exits to deliver targeted portfolio returns.
Vocap takes a more aligned approach by providing stage-appropriate check sizes that mitigate founder dilution and create multiple paths to success for both founders and investors. This strategy preserves optionality to either raise additional rounds or optimize for the autonomy and ownership of founders and shareholders through profit-driven growth. Vocap's team is comprised of experienced SaaS operators with a proven track record of driving efficient growth from both sides of the table, equipping them to advise on a broad range of scaling challenges. By investing in fewer deals per fund than most of its peers, Vocap ensures its partners can dedicate the time and focus to help founders thrive. Additionally, the firm is supported by a network of over 30 functional and industry advisors, collectively committed to moving the needle for its portfolio companies.
Vertical AI
The timing of Vocap's Fund IV coincides with an emerging wave of automation and software adoption, as AI-enabled software eats into the massive global spend on business services. Vocap's Fund IV is well-positioned to capitalize on this trend by focusing on vertical AI solutions which offer efficient automation tailored to specific industries. Additionally, as a smaller fund, Vocap can support a broader swath of highly efficient vertical AI startups that have more modest capital needs and/or don't fit the underwriting criteria of larger funds. This allows the firm to deliver strong returns amidst the growing demand for domain-specific AI innovations.
"We are excited to continue our mission of backing exceptional software founders who are building sustainable, high-growth businesses," said Vinny Olmstead, Managing Partner at Vocap Partners. "The strong support from our investors allows us to double down on our differentiated strategy and expand our impact in the market."
About Vocap Investment Partners
Vocap Partners is an early growth equity fund focused on B2B software companies across several core verticals – healthcare, finance, enterprise productivity, and supply chain & industrial. With a hands-on, partnership-driven approach, Vocap provides strategic and operational support to help founders scale efficiently and maximize long-term success.
For more information about Vocap and Fund IV, visit Vocap.vc or email [email protected].
Media Contact
Mike Becker, Vocap Partners, 1 404-386-0890, [email protected], www.vocap.vc
SOURCE Vocap Partners

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