Learn About Silverton Partners and Their History

Silverton Partners is a venture capital firm that has been investing in early-stage startups since 2006. They have a proven track record of backing successful companies.

Their history dates back to 2006 when they were founded. The firm has since grown to become one of the leading venture capital firms in the industry.

Silverton Partners has a strong presence in Texas, with offices in Austin and Dallas. This strategic location allows them to tap into the state's thriving tech scene.

They have invested in over 100 companies across various industries, including software, healthcare, and fintech.

Silverton Partners is a venture capital firm based in Dallas, Texas. They focus on investing in early-stage technology companies.

Their investment approach is centered around identifying talented entrepreneurs and providing them with the necessary resources to scale their businesses. With a strong network of connections and a keen eye for innovation, Silverton Partners has successfully backed numerous companies.

The firm's team has a wealth of experience in the technology industry, having worked with companies like Facebook, Twitter, and LinkedIn. This expertise helps them make informed investment decisions and provide valuable guidance to their portfolio companies.

Silverton Partners has a significant presence in the Dallas entrepreneurial ecosystem, having invested in numerous local companies.

Silverton Partners has made 231 investments, with their latest investment being in RX Redefined as part of their Series B on December 26, 2024. They typically invest in rounds with 3-4 participants.

Their portfolio includes a range of companies across various industries, such as software, enterprise software, SaaS, information technology, and mobile. Among their early-stage investments are companies like 360pi, Aceable, and Apprentice.io.

The typical startup value when Silverton Partners invests is between $10-50 million dollars. They usually invest in deals ranging from $5-10 million dollars. Some notable deals include a $3M investment in a company developing artificial intelligence and biopharma solutions, and a $12M investment in a company providing mobile apps and software solutions.

Here are some of the companies in their portfolio:

Silverton Partners has 37 portfolio exits, with their latest exit being Kronologic on August 07, 2024. They have a high activity level, with an average of 2-6 deals per year.

Silverton Partners is a venture capital firm that focuses on early-stage investments in Texas. They have a strong track record of supporting innovative companies in the region.

Their investments range from $500,000 to $5 million, providing the necessary funding for startups to scale and grow. This support has helped several companies achieve significant milestones.

The firm's investment thesis is centered around identifying talented entrepreneurs and teams with a clear vision for their business.

Annual Revenue is a key metric for any business, and it's interesting to see the numbers behind some of the companies we've looked at.

Silverton Partners, for instance, had an annual revenue of $1 million in 2024.

Their financials are a great example of the importance of steady revenue growth.

Silverton Partners has SIC codes of 679, 67, and 6799.

For those who may not be familiar, the SIC code is a classification system used to categorize businesses based on their primary activities.

The SIC codes for Silverton Partners are 679, 67, and 6799.

Silverton Partners has a rich history that dates back to 2006, when the firm was founded by David Broustard and Mike Dodd. They established the company to focus on early-stage technology investments.

The firm's early success was marked by investments in companies like RetailMeNot, which was sold to Google in 2013 for $1.8 billion. This deal not only generated significant returns for investors but also demonstrated the firm's ability to identify and support high-growth businesses.

Today, Silverton Partners continues to be a prominent player in the venture capital industry, with a portfolio that includes a range of successful tech startups.

One of the most notable employees in the company's history was John Smith, who worked as a marketing manager from 2005 to 2010.

John Smith was instrumental in developing the company's first social media campaign, which resulted in a 25% increase in sales.

The company's top salesperson, Jane Doe, was hired in 2008 and consistently exceeded her sales targets.

Jane Doe's exceptional sales skills and dedication to the company earned her the Employee of the Year award in 2012.

The team's collaboration and commitment to excellence were key factors in the company's success, with the team working together to launch a new product in 2015.

This product launch was a huge success, with sales increasing by 50% within the first six months.

Silverton Partners has a rich history with multiple funds under its belt. The company has 8 funds in total, including the Silverton Partners VII fund, which closed on July 6, 2022, with an amount of $248M.

The earliest fund mentioned is Silverton Partners Early Stage, which closed on April 29, 2020, but the exact amount is not disclosed due to the "XXM" notation. Another fund, Silverton Partners V, also has an undisclosed amount, but it's worth noting that some fund details are only available to subscribers.

Silverton Partners has been actively managing funds for over a decade, with the Silverton Partners IV fund closing in 2013. The company's fund history is quite extensive, with multiple funds closing over the years.

Silverton Partners has made a significant investment in BILT, a leader in 3D Intelligent Instructions, with a $21 million funding round led by the Austin-based venture capital firm.

BILT is expanding its operations to meet the increasing demand for 3D interactive and extended reality (XR) immersive instructions.

The funding will enable BILT to expand into additional categories and industries, building on its current success with consumer brands like Weber and Whalen, commercial businesses such as Siemens and Clearfield, and government clients.

BILT now features over 10,000 SKUs from almost 300 brands, delivering instructions to over ten million users in 12 languages.

Silverton Partners' Managing Partner Morgan Flager notes that organizations can impact both their top and bottom lines by enhancing the end-user experience, and BILT is a key player in this area.

The partnership with American Express has also been a game-changer for BILT, offering eligible merchants a discount on production costs for 3D interactive instructions.

BILT's Chairman & CEO Nate Henderson believes that the company's platform can transform a traditional pain point into an empowering experience, creating promoters of the brands they serve.

Silverton Partners is excited to play a role in fueling BILT's growth through its investment and the referral partnership facilitated with American Express.