– Blueprint Equity announced the single closing of its $333 million third fund, Blueprint Equity III, LP
– Fund III was significantly oversubscribed and closed in just 12 days
– Blueprint Equity is a San Diego–based growth equity firm founded in 2018
– Both Fund I and Fund II are top-ventile performing private equity funds globally
– Fund III will make initial investments of $5–15 million
– Target companies are high-growth, capital-efficient enterprise software, B2B, and technology-enabled services businesses
– Target companies generate $1–7 million in revenue
– Fund III is backed by endowments, foundations, and hospital systems
– Existing investors include Accolade Partners, The David and Lucile Packard Foundation, and Makena Capital Management, LLC Management
– Blueprint focuses on founder-led businesses with strong early momentum and untapped sales and marketing potential
– The value creation team supports talent recruitment, sales and marketing execution, pricing optimization, and M&A sourcing
– Since inception, Blueprint has completed 24 platform investments
– The firm has executed seven partial recapitalizations
– Fund III reinforces Blueprint’s strategy of being the first institutional partner for disciplined, scalable growth
– Bobby Ocampo, Co-Founder and Managing Partner, Blueprint Equity: Emphasized doubling down on disciplined, capital-efficient growth by partnering early with exceptional founders and helping them scale without unnecessary funding pressure
– Sheldon Lewis, Co-Founder and Managing Partner, Blueprint Equity: Highlighted continued focus on founder-led software companies with strong fundamentals, profitable growth, and deep industry expertise, despite many funds moving upstream
– Aram Verdiyan, Partner, Accolade Partners: Praised Blueprint as an elite, disciplined growth equity manager with an exceptional team and results that made re-investing an obvious decision