Growth Partner for B2B Software

Private equity firm investing in middle-market software and services platforms

DevCap Growth invests expansion and buyout capital in B2B software and services platforms seeking a partner for their next phase of growth. We help align teams around a focused product strategy and go-to-market motion to drive clear priorities and create long-term value.

Investing in B2B Software Platforms

We are exclusively focused on investing in B2B software platforms positioned to execute on an API- led growth strategy. We back existing management teams with a shared vision towards API-led growth and introduce the right resources to execute on a clear set of objectives.
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DevCap’s thesis is grounded in the belief that developers will continue to drive more of total software spend as workloads are automated at scale. We view API-led growth as a critical component for any software company seeking efficient growth.

About Us

How we invest

Proven Teams

Back existing management teams with strong track records and strategic alignment

Demonstrated Product-Market Fit

Invest in middle-market software and services platforms with proven product-market fit

Efficient Growth

Extend the value of mission-critical capabilities through programmatic growth

Our Focus

Our approach

We invest in platforms positioned to scale through operational discipline and modern routes to market. Our investment strategy emphasizes programmatic growth—the practice of distributing software and services through APIs and other developer-focused methods—while also providing targeted support across sales, product, and operations.
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Our thesis is grounded in the belief that software is increasingly serving other software, not just end users. Both software and services companies can leverage programmatic distribution as a core driver of efficient growth.

Our Team