Nexa Equity’s Big Moves in the Vertical SaaS Scene

New Faces in the Financial Game

So, folks, here’s the scoop. Nexa Equity, based out of San Francisco and diving deep into the vertical SaaS world, is making waves by bringing some big players onto their team. They’re rolling out the red carpet for three senior leaders as their second fund, Nexa Equity Fund II, hits the jackpot with $390 million. That’s oversubscribed, bringing their total assets to over a cool billion.

The Heavyweights Join

Peter Stefanski’s Takeover

Leading the charge, Peter Stefanski steps up as Partner. He’s hopping over from Thoma Bravo, where 15 years saw him shaping giants like ABC Fitness, Deltek, and J.D. Power. This guy’s got the M&A chops from his Barclays days, and with a Georgetown BSBA under his belt, he’s a software-investing whiz.

Enter Blake Shott

Alongside is Blake Shott, the new Principal. He cut his teeth at Sumeru Equity Partners. Shott’s all about sourcing and scaling app-software investments. His track record? Companies like 360Learning and JobNimbus. A USC grad, he’s ready to shake things up.

Meet Jason Canavan

Rounding out the investment trio is Jason Canavan. From Lead Edge Capital and LLR Partners, Canavan’s got a serious growth-software background. He’s all in with the vision.

Tech and AI Enthusiasm

Conor Barber Makes Waves

Over on the operating side, Conor Barber joins as the fourth Operating Partner. With over ten years in software development, he’s worked magic at Apple and Airbyte. Barber’s task? Syncing with founders to pump up efficiency via AI-driven tools. He’s all about getting those AI-powered solutions off the ground.

Keeping It Real: The Nexa Way

Nexa’s sticking with its founder-first, operator-led model. They’re not just about cutting checks; they’re hands-on in scaling portfolio companies through gritty, ground-level support. Whether it’s go-to-market strategies or a razor-sharp M&A plan, they’re in it for the long haul. Fund II is aimed squarely at SaaS companies solving real issues and riding the growth wave.

Key Quotes From the Frontlines

Vlad Besprozvany, Nexa’s head honcho, says, “Peter and Blake are rock stars who get our founder-first vibe. Conor’s know-how in AI supercharges our efforts to scale those trailblazing companies.”

Peter Stefanski chimes in, “Nexa’s unique playbook of focused investing and hands-on strategy is what the next crop of software leaders needs.”

And Blake Shott adds, “I’m eager to join forces with teams pushing the envelope in software, reshaping their industries.”

How Nexa Plans to Rule the SaaS World

• Concentrated Investing
• Hands-on Operational Support
• Deep Commitment to High-Growth Vertical SaaS

Nexa Equity isn’t playing around. With fresh talent and a hefty fund, they’re primed to dominate the vertical SaaS space, pushing boundaries and rewriting the rules.

If you want to dig deeper, click over to GrowthCap or check out William Blair for more on tech investing insights. Who knows what Nexa will pull out of the hat next? Stay tuned!