Q4 2023 SaaS Valuation and Investment Trends Report
Why Golub Growth?
A true partner works with you to fit your needs, not fit you into their playbook.
Collaborative Approach
We take a measured view of the inevitable bumps in the road and provide solutions along the way.
Flexibility
Need debt, equity or both? We partner with you to design the best solution for your unique situation.
Partnership Beyond Capital
Leverage the relationships and resources beyond financial capital that Golub Growth can provide.
SaaS Expertise & Experience
We've partnered with over 100 growth-stage software companies since 20131 and are backed by the resources and expertise of the $65+ billion2 Golub Capital platform.
You'll be in good company*
Streamlined
follow-on financings
In 2017, Golub Growth provided Tebra with $55 million in financing to fund growth initiatives and refinance existing debt. Since then, we’ve grown our commitments to over $200 million and led Tebra’s Series E. We’re proud to provide seamless access to follow-on financings that allow our partners to focus on operating their businesses — not raising capital.
Powerful network
After Convercent’s acquisition in 2021, Golub Growth connected its CFO, Jonathan Kalstein, with his next opportunity at Zenput. Golub Growth leverages Golub Capital’s powerful network of private equity sponsors, venture capital firms and over 300 portfolio companies across industries. We’re here to help our partners make impactful connections because when you succeed, we succeed.
Simplicity of a single lender
Financing should enable growth, not become another hurdle. Arctic Wolf chose Golub Growth’s single-lender debt solution, which is designed to provide flexible, scalable capital without the complexity and administrative burdens associated with multi-lender solutions.
Broad range of solutions
In 2021, Zenput needed financing to expand its operations and customer base — but its existing investors wanted to avoid a time-consuming funding round. Golub Growth stepped in to lead the company’s Series C and provide debt financing, helping Zenput put its capital to work quickly. Whether you need debt, equity or both, we offer solutions tailored to your goals.
A partner who can grow with you
Golub Growth began its partnership with Centrify, then a venture-backed company, in 2018. Since then, we’ve expanded our partnership through the company’s acquisitions by Thoma Bravo and TPG Capital, which were supported by Golub Capital. Throughout our history, we’ve helped software businesses mature to large-scale companies — so whatever your stage of growth, Golub Growth is ready to grow with you.
Get to Know Golub Growth
1. Total new platform transactions, including recurring revenue debt facilities and software company equity investments by Golub Growth and Golub Capital, as of December 31, 2023.
2. "Capital under management" is a gross measure of invested capital including leverage. As of January 1, 2024.
* This website presents the actual (or former) investments of Golub Capital and Golub Growth to illustrate typical investment decisions. The analyses described herein were based on information available at the time each investment was initiated, which may no longer apply. In the future, the investments of Golub Capital and Golub Growth may differ materially from the case studies presented here. These examples are provided for information purposes only and do not constitute investment advice, a recommendation, or an offer of solicitation. These examples are not the basis for any contract to purchase or sell any security, other instrument, or to enter into or arrange any type of transaction as a consequence of any information contained herein.