Who We Are
Polaris Growth Fund (PGF) is a collaborative investment firm that partners with founders building category-leading technology companies.
Our strategy emerged in 2002 when Polaris Partners, a leading venture capital firm with over 25 years of experience supporting innovation in the healthcare and technology sectors, identified the need to serve this market with a tailored approach. Following a long track record of successful partnerships with growth-oriented technology companies within the Polaris Partners venture funds, we launched the inaugural Polaris Growth Fund in 2018. Currently investing out of PGF II, a dedicated fund within the Polaris Partners family, we support our portfolio companies with the unique combination of a focused team with relevant resources and the benefits of a larger firm’s scale.
PGF offers market-leading resources and expertise, including a successful track record with mergers and acquisitions, recruitment and team building, functional strategy (sales, marketing, product, finance, and more), and deep experience in niche B2B SaaS verticals. We thrive when partnering with founders and executives who are looking to retain equity in their business, but seek additional resources, capabilities, or expertise to maximize the potential of what they’ve built.
If you’re interested to learn more, we’d love to hear from you.
At a glance
We have a highly focused strategy...
Historical growth investments
Software and tech-enabled services
Referenceable by teams we’ve partnered with
...With access to the broader resources of a bigger firm
Entrepreneurs in the works
Who we invest in
- Represented by shareholders seeking full or partial liquidity
- Majority or minority investments
- $15-$50 million of equity per investment
- Majority founder-owned
- Providing B2B software or tech-enabled services
- $4 -$20 million annual recurring revenue
- Profitable growth (10%+)
What our partners say
“Our partnership with PGF is deep and meaningful. We sought a partner with humility and depth of knowledge to help lead us. They brought a beautiful balance of wisdom and collaboration.”
“To say I am a huge fan of PGF is an understatement. I chose to go with them because of the people and their integrity, and the results have been fantastic for my team and family. Together, we took the business to places we couldn’t have reached on our own.”
“PGF is different from any private equity firm I have met. They take a step back and truly let our team run the business. They are there to support and help, not get in the way. they fill in gaps to help us identify, and realize the full potential of our opportunity.”
“PGF believed in us. They were taking a risk, but there was an understanding that it was a true partnership, that we’re all in the same boat, pulling the same oars, working together to get to the other side and be successful. PGF’s approach is that we’re in this together and that if you take a risk, we take a risk. It’s supportive for our company and empowering for our team.”
“I’ve greatly appreciated the PGF partnership approach. It’s not a ‘one size fits all’ strategy and they don’t claim to always have the answer. They have shown patience and genuinely listen to our opinions on decisions we make to create value for our company.”
“The integrity, honesty, and transparency in all of our dealings with PGF has been amazing. I have never had to worry about hidden agendas. They are open partners, always looking to add value for all shareholders. How many partners does someone have with that kind of character? I can’t imagine working with anyone else.”
“Building trust-based relationships with founders is so important for PGF, as is living up to their word and the agreements they make. They are so consistent and always display the maximum amount of respect.”
“From day one, PGF was transparent. There was an honesty from that first moment that was great for me and everyone at the company. PGF’s focus on having a transparent relationship rooted in mutual trust and respect set them apart.”
“PGF is a great strategic partner for small cap, growth tech companies that are intellectually curious and exhibit creative discontent. They always push to see continuous improvement, but it’s grounded in the spirit of partnership and strategic patience.”