Private Market View

Sweetwater Private Equity

Other · Encinitas, California

AUM
$1.4B
Portfolio companies
23
Recorded deals
3
Last investment
Apr 2023

Key facts

  • Sweetwater Private Equity is a other based in Encinitas, California with 23 tracked portfolio companies.
  • Notable positions include Shield AI, Automattic, EquipmentShare, Sword Health, Ayar Labs.
  • Private Market View records 3 deal participations by Sweetwater Private Equity.
  • Sweetwater Private Equity’s most recent recorded investment was in Apr 2023.
  • Sweetwater Private Equity has 2 funds on record, raising $700.0M across the 2 that report a size.
  • The team roster lists 18 people.

About Sweetwater Private Equity

Founded in 2016, Sweetwater is a secondary buyer firm based in Encinitas, California. The firm prefers to invest in the technology, consumer, and health care sectors, acquiring equity interests predominantly through secondary transactions.

Registered with the SEC

Form ADV · 2026-03 · CRD 297613
Regulatory AUM
$201.7M
Private fund assets
$1.6B
Private funds
11 · 11 private equity
Staff
20
Registered office
ENCINITAS, CA
SEC status
Approved

Reports custody of client assets.

Source: SEC Investment Adviser Public Disclosure, Form ADV (registered as SWEETWATER INVESTMENT MANAGEMENT LLC).

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  • ·The book's top 25 — of 23 recorded positions
  • ·Every recorded deal — 3 rounds
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Portfolio, priced

23 companies · by our current valuations
CompanyValuationRole
Shield AI$13.6B
Automattic$7.5B
EquipmentShare$5.6B
Sword Health$4.0B
Ayar Labs$3.8B
Cross River Bank$3.0B
BitSight$2.4B
Blink Health$2.3B
CompanyCam$2.0B
Cart.com$1.6B
GupShup$1.5B
Andela$1.5B
Delos Living$1.3B
Pentera$1.0B
LVT$900.0M
+ 8 more companies · a free account shows the top of the book

Recent deals

3 recorded
NextRollLater Stage VC
Apr 2023Cart.comSeries C$85.0M
Dec 2022GupShupLater Stage VC

Funds

2 recorded
  • Sweetwater Private Equity III L.P.2021$550.0M
  • Sweetwater Private Equity III (Cayman) L.P.2021$150.0M

$700.0M raised across the 2 funds that report a size

Team
18 people on record — 18 with verified contacts

Partners, principals, and the people who answer a pitch. Pro members reveal contacts with credits.

See the team →

Frequently asked

What companies does Sweetwater Private Equity invest in?
Sweetwater Private Equity has 23 recorded portfolio companies, including Shield AI, Automattic, EquipmentShare, Sword Health.
What is Sweetwater Private Equity's AUM?
Sweetwater Private Equity manages approximately $1.4B in assets.
Is Sweetwater Private Equity actively investing?
Sweetwater Private Equity's most recent recorded investment was in Apr 2023.