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PSG Equity is a growth equity investor that partners with software and technology-enabled services companies to support transformational growth, strategic opportunities, and strong team-building. It provides growth capital and hands-on support through a collaborative approach with management teams, helping companies scale, pursue add-on acquisitions, and navigate market opportunities. PSG emphasizes its deep software and technology expertise, backed by a history of more than 140 portfolio investments and over 500 add-ons since its founding in 2014, with offices in Boston, Kansas City, London, Madrid, Paris and Tel-Aviv. The firm’s goal is to help its portfolio companies achieve sustained growth and strategic value creation by leveraging capital, expertise, and an expansive network.
Industries
Venture Capital
Enterprise Software
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
$5.1B
Headquarters
Boston, Massachusetts
Founded
2014
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Total Funding
$5.1B
Above
Industry Average
Funded Over
0 Rounds
Wellness Program
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Health Insurance
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Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Disability Insurance
Life Insurance
Health Savings Account/Flexible Spending Account
Paid Vacation
Paid Holidays
Parental Leave
Tuition Reimbursement
Family Planning Benefits
Fertility Treatment Support
Profit Sharing
XBE, a platform for heavy materials, logistics and construction operations, has received a growth investment from PSG, a growth equity firm focused on software companies. The financial terms were not disclosed. Founder and CEO Sean Devine and existing investor Banneker Partners will retain significant ownership stakes. Devine will continue leading the Kansas City-based company. XBE's platform integrates scheduling, dispatch, pricing, financial management, telematics, analytics and bid forecasting. The company launched Agent XBE in Q1 2026 and All-22, a ready-mix dispatch solution, in Q2 2026. The investment will support faster product development and community expansion. XBE plans to unveil new products at its Horizon Live 2026 conference in San Francisco from 28-30 September. Piper Sandler advised XBE and Banneker Partners, whilst RBC Capital Markets advised PSG.
Horizon3.ai has raised $250 million in Series E funding at a valuation exceeding $2 billion. The autonomous security startup will use the capital to expand sales operations and enter Australia and Singapore markets. The company's NodeZero platform conducts autonomous penetration testing on live production systems, identifying attack paths through weak credentials, misconfigurations and identity gaps. It provides fix guidance and retests to confirm vulnerabilities are closed. Horizon3.ai reports more than 6,500 organisations now use NodeZero, up from 3,000 at its Series D in June 2025. Customers include the US National Security Agency and four Fortune 10 companies. Annual recurring revenue grew 120% year-over-year, with over 300,000 penetration tests completed. NightDragon and New Enterprise Associates co-led the round. The funding brings Horizon3.ai's total raised to $428.5 million.
BrightAnalytics, a Belgian corporate performance management software provider for CFOs, has secured a majority growth investment from PSG Equity. The company will use the funding to expand across Benelux and the Nordics, accelerate its entry into France, and enhance its AI-enabled product suite. Founded in 2014 by Lode Bogaert, Merijn Demuynck, and Olivier Seynhaeve, BrightAnalytics serves over 1,300 customers with 125 employees. The platform connects to more than 400 ERPs, accounting systems, and CRMs, providing financial consolidation and reporting for large SMEs and mid-market businesses. The company plans to expand beyond consolidation into monthly financial close and additional FP&A tools. Existing minority investors Smartfin and Coformaco will remain invested alongside the founders. The transaction is subject to customary closing conditions.
BroadStreet Partners, a North American insurance brokerage company, has appointed John J. Brennan as board chair, effective immediately. Brennan served as Vanguard's chief executive officer for 12 years and chairman for 11 years, and currently sits on boards including Guardian Life Insurance Company and Rockefeller Capital Management. The appointment comes as BroadStreet advances its growth strategy, including investments in technology and digital transformation. The company is implementing AI and data-driven solutions to improve agency performance whilst maintaining its mergers and acquisitions pace. BroadStreet, headquartered in Columbus, Ohio, has 30 core agency partners and provides ownership opportunities for over 800 agency professionals across the US and Canada. The company ranks among North America's top private brokerage firms.
Dockwa, an operating system for the $57 billion marina economy, has secured a strategic growth investment from PSG, a growth equity firm. The investment terms were not disclosed. Founded in 2015, Dockwa has evolved from a marina booking platform into a comprehensive management system serving nearly 4,000 marinas and over 450,000 boaters. The platform handles reservations, payments, contracts, point-of-sale operations and accounting integrations for marina operators. The funding will accelerate development of AI-native products built on Marine Graph, Dockwa's proprietary data layer containing 11 years of transaction history across 800,000 boats. New products include Telescope, a dynamic pricing engine, and Marina-X, an underwriting tool for insurers and institutional investors. Dockwa also plans to expand into Canada and Europe whilst increasing adoption among existing customers in the consolidating marina industry.
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Industries
Venture Capital
Enterprise Software
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
$5.1B
Headquarters
Boston, Massachusetts
Founded
2014
Find jobs on Simplify and start your career today