Niobrara Capital Partners (“Niobrara”), a New York-based private equity firm focused on investing in business-to-business technology and tech-enabled services companies, today announced the successful final close of Niobrara Founders Fund L.P. (together with its parallel funds, the “Fund”) with total committed capital of over $1.1 billion, and over $1.5 billion including related co-investment vehicles.

With the Fund, Niobrara will continue to execute its focused investment strategy, partnering with corporates, exceptional founders and management teams to scale businesses in the B2B technology ecosystem. Niobrara invests in middle-market B2B technology companies that it identifies as first or second derivative beneficiaries of key technology megatrends, and seeks to drive these companies to become durable leaders within their subsectors.

Chip Schorr, Managing Partner of Niobrara, said, “The entire Niobrara team would like to thank our exceptional Limited Partners for their support and partnership. In a challenging fundraising market, we significantly exceeded our Fund target. We are humbled by their trust, which validates our differentiated model and the deep experience of our team. We believe that we are now well-positioned to continue deploying capital, backing strong B2B technology businesses and working alongside our management team partners to help them achieve their strategic goals.”

“We are very excited that our Firm’s launch has been so well received,” added Mike Pompeo, a Niobrara partner. “Our investment portfolio is growing with the recent closing of our fourth platform investment, and our pipeline continues to scale. We’ll strive to deliver strong returns for our Limited Partners by continuing to drive transformational growth, performance improvement and strategic value across our expanding portfolio.”

Davis Polk & Wardwell served as legal advisor to the Fund.

About Niobrara Capital Partners

Niobrara Capital is a U.S.-based private equity firm focused on middle-market technology investments. With decades of combined experience leading and scaling global technology businesses, Niobrara partners with business-to-business technology and technology-enabled services companies to deliver strategic leadership, growth acceleration, and operational excellence. For more information, visit niobraracap.com.

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