Flashpoint Successfully Closes $67 Million for Its Growth Debt Fund's Second Vintage
Flashpoint Successfully Closes $67 Million for Its Growth Debt Fund's Second Vintage
In a significant milestone, Flashpoint has completed the final close of its second Growth Debt Fund, raising an impressive total of $67 million. This outcome follows the success of its inaugural fund vintage, demonstrating continued investor confidence in the firm’s approach to growth debt investments.
The recent fundraising round saw participation from a diverse group of 58 Limited Partners. These include numerous international family offices and high-net-worth individuals, many of whom also invested during the first vintage. The broad appeal of the Growth Debt Fund underscores the attractiveness of alternative financing options in the current economic landscape, particularly for startups seeking to scale without relinquishing equity.
The newly established fund focuses on venture capital-backed tech and tech-enabled post-series A companies that exhibit a strong track record, including annual revenues of at least $3 million, year-on-year growth exceeding 30%, and a verified product-market fit. This strategic focus aligns with Flashpoint’s goal to empower innovative companies through flexible financing solutions.
As of now, the Growth Debt Fund has already facilitated financing for six companies, allocating over $30 million in funding. Some of the notable startups backed by the fund include BoB W, CropX, Whizz, Port, Charidy, and OneDay. Flashpoint is optimistic about further expanding its portfolio, with expectations to support between 15 to 20 borrowers by the end of 2026.
The firm's inaugural Growth Debt Fund, which launched in 2020, has reached its sixth year and is on track to achieve a Distribution to Paid-In (DPI) multiple of 1x by the close of 2025. This fund has successfully supported companies such as Dispelix, Mercaux, Spotawheel, and Segmed. Promisingly, entities like Welcome Pickups, Omnipack, ByNext, iDeals, and Clausematch have already fully repaid their loans, showcasing a positive trend in portfolio performance.
Denis Mosolov, Managing Partner at Flashpoint Growth Debt, expressed his excitement, stating, “We are delighted to have reached final close of our second growth debt fund and to have further established our strong credentials in this segment. The success of this raise reflects the confidence displayed by our investors in Flashpoint's platform, and I would like to thank them sincerely for their trust. This closing also points to the growing importance of growth debt as an attractive option for founders, where we always try to provide flexibility and genuine partnership to founders and management teams. That's a real differentiator.”
About Flashpoint
Flashpoint is a leading international tech investment firm managing approximately $600 million in assets under management (AUM). The firm specializes in global tech companies, particularly those originating from Europe and Israel. Flashpoint operates across three distinct strategies: Venture Growth, Growth Debt, and Direct Secondary investments. Headquartered in London, the firm also boasts offices in New York and Tel Aviv, enabling it to maintain a strong presence in key markets.
With a keen focus on providing flexible, partnership-oriented financing options, Flashpoint is well-positioned to continue supporting the growth of innovative tech companies worldwide, showcasing its commitment to fostering entrepreneurial success through strategic investment.