WestCap overview
Stories about WestCap

WestCap leads $100m round for proptech startup Avenue One
The other investor was MetLife Investment Management.

WestCap leads Series B round for Sharegain
Sharegain, a capital markets infrastructure fintech firm, has raised $64 million in Series B funding.

Celsius Network amasses $400m led by WestCap, CDPQ
Celsius Network, Hoboken, New Jersey-based cryptocurrency earning and borrowing platform, has raised $400 million in financing.

Westcap backs Rocky Mountain Equipment's go-private deal
Canadian private equity firm Westcap Management has invested Rocky Mountain Equipment, a Calgary-based agriculture and construction equipment dealer.
Real estate tech firm Blueground reels in $50 mln
Blueground, a real estate tech company, has secured $50 million in Series B funding. WestCap Investment Partners and Prime Ventures led the round.

Sonder to open second HQ in Canada with close of $275 mln Series D
Montréal-born hospitality brand Sonder has raised about $275 million (US$210 million) in a Series D financing led by Valor Equity, Westcap and Nicolas Pritzker, all new investors. The round values the business at more than US$1 billion, according to a news release. Other first-time backers of the deal include Canada’s Inovia Capital, which earlier this year raised US$600 million https://www.pehub.com/canada/2019/02/inovia-capital-raises-800-mln-for-full-stack-strategy-opens-london-office/ for new venture and growth-equity funds. Founded in 2012 by CEO Francis Davidson and COO Lucas Pellan, Sonder has its headquarters in San Francisco, relocating from Montréal in 2017. As part of the Series D, the company said it will open a second global HQ in Canada.

H.J.R. Asphalt completes $26.3 mln MBO with Golden Opportunities
H.J.R. Asphalt LP, a Saskatoon-based highway infrastructure company, has completed a $26.3 million management buyout in partnership with Golden Opportunities Fund, an affiliate of Canadian private equity firm Westcap Management. The transaction saw Golden Opportunities invest $10.5 million in syndication with another Westcap fund /canada/2015/05/15/westcap-raises-57-mln-for-new-management-buyout-fund/ Westcap MBO Investment LP, to secure majority ownership of H.J.R. Asphalt alongside key executives. The company said Westcap's investment brings financial, strategic and operational support to its role as a solutions provider in Saskatchewan's road construction industry. Last November, Westcap invested in /canada/2015/11/19/two-westcap-funds-invest-25-mln-in-dynaventure-buyout/ DynaVenture Corp's buyout.

Two Westcap funds invest $25 mln in DynaVenture buyout
Funds managed by Canadian private equity firm Westcap Management have invested in a management buyout that acquired affiliates of DynaVenture Corp. Golden Opportunities Fund and Westcap MBO Investment LP /canada/2015/05/15/westcap-raises-57-mln-for-new-management-buyout-fund/ partnered in a $25 million investment in the deal. Saskatoon-based DynaVenture comprises four distinct businesses: machining and fabrication specialist DynaIndustrial; Tackpoint, a maker of anti-friction bearing solutions; crane services provider Dyna Crane Services; and Fluid Clarification, a separation technologies and filtration systems supplier. DynaVenture said the Westcap partnership will help it execute growth plans at home and in global markets.
WestCap contact information
Offices
Contacts
| Name | Job title | Location | |
|---|---|---|---|
| Key Contact | Job titleManaging Director, Investor Relations | LocationLondon, United Kingdom | Email |
| Key Contact | Job titlePartner and Head of Capital Formation and Strategy | LocationNew York, United States | Email |
| Key Contact | Job titleManaging Director, Head of Investor Relations & Business Development | LocationNew York, United States | Email |
Job titlePartner, Chief Financial Officer and Chief Administrative Officer | LocationNew York, United States | Email | |
WestCap funds managed
Funds in market: 1
| Fund | Fund size | Open date | Strategy |
|---|---|---|---|
Fund size | Open dateSep 2025 | Strategy | |
Closed funds: 4
| Fund | Fund size | Close date | Strategy |
|---|---|---|---|
Fund size | Close dateNov 2026 | Strategy | |
Fund size | Close dateSep 2022 | Strategy | |
Fund size | Close dateFeb 2021 | Strategy | |
Stories that mention WestCap
Laurence Tosi’s WestCap targets $1.5bn for Fund III, holds first close
The firm held a 'record' first close for WestCap Strategic Operator Fund III during Q4 2025, sources tell Buyouts, backed by a mix of new and existing LPs.
Chip Schorr’s Niobrara tops Fund I’s $750m target, stays in fundraising mode
Niobrara Capital was in June named one of Buyouts’ ten emerging managers to keep an eye on in 2025.
What are Rising Stars most excited about in 2025?
VCJ spoke with 10 of our Rising Stars to find out what they are looking forward to, including ongoing specialization within the venture industry and helping their firms become more efficient by using technology.
Venture capital's 2025 Rising Stars: A-E
Early adopters, mentors and a 'driving force' in life sciences are among those in VCJ's 2025 list of 40 Rising Stars under the age of 40.
Side Letter: Europe's allocation argument
Research from StepStone examines how European markets have fared relative to their peers. Plus: More dispatches from Cannes and two former Blackstone colleagues have reunited in the US. Here's today's brief, for our valued subscribers only.
Capital One invests additional $96m in mobile travel app Hopper
The funds raised will be used to accelerate the company’s growth across several fronts, including fueling its new social commerce initiatives.
Mothership pockets $76m
Mothership, a short-haul freight-technology company, has raised $76 million in funding.
Point racks up $115m
Point, a fintech company and home equity platform, has secured $115 million in funding.