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General Information

Websiteballastpointventu...
Phone727-567-1500
Employees
Founded2001
Descriptioninvestment firm

Funds

Offices

HQ
880 Carillon Parkway
St. Petersburg, FL, 33716
USA

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Summer Analyst

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Ballast Point Ventures

Ballast Point Ventures brings together two of the Southeast’s most reputable investment firms - Raymond James Financial and South Atlantic Venture Funds - in order to leverage the combined strengths and networks of each organization. Ballast Point Ventures is a stand-alone partnership with Raymond James as the lead investor. Four of the Fund’s Partners were previously General Partners at South Atlantic Venture Funds. The Partners are able to mine both the Raymond James and South Atlantic networks to uncover and research the best investment opportunities available and provide outstanding value to BPV portfolio companies.

South Atlantic Network The principals of South Atlantic have invested $175 million in over 60 private growth companies in the Southeast and Texas since 1984. They have built a network of over 1,500 individuals and institutions, including numerous successful entrepreneurs and industry experts, who assist the principals in sourcing and evaluating investment opportunities. The Partners are able to leverage this network in their ongoing investment activities for Ballast Point Ventures.

Raymond James Network Raymond James is a respected, nationally known financial services firm with a reputation for outstanding research and investment banking services across the key growth industries of technology, communications, health care, industrial growth, consumer and energy. The firm currently has approximately 85 capital market professionals in investment banking and more than 40 research analysts focused on these and other industries. In addition, Raymond James has an extensive retail broker network with over 5,200 Financial Advisors and more than one million accounts for individual and institutional investors. The firm is headquartered in St. Petersburg, Florida, and currently has investment banking and research offices in Atlanta, Calgary, Chicago, Dallas, Houston, Nashville, New York, Princeton, San Francisco, Toronto and Vancouver. The firm has also made investments in approximately 30 venture funds across the United States, facilitating strong relationships with many of the premier venture capital firms in the Southeast.

The combination of the South Atlantic network with the Raymond James network is a substantial and unique asset for BPV. This joint effort has created a distinctive venture capital firm that is uniquely positioned to provide growth capital to leading companies located in the Southeastern United States and Texas.

Recent Milestones

Investments

Company Date Round Size Participants
Iconixx Software 1/13Series B$4.5M1
VAZATA 9/12Venture Round$13M2
Tower Cloud 6/12Venture Round$17M5
MolecularMD 4/12Series B$6M1
Tower Cloud 10/11Venture Round$49M9
Watermark Medical 9/10Series B$6M1
Horizon Data Center Solutions 11/09Venture Round$7.5M1
Tower Cloud 10/09Venture Round$20M5
FSV Payment Systems 3/09Venture Round$6M2

Videos

Sources

  1. Iconixx Corporation Secures $4.5 Million Series B Funding Led by Ballast Point Ventures (prnewswire.com) [edit]
  2. VAZATA Raises $13M in Equity to Further Accelerate Growth (prweb.com) [edit]
  3. Tower Cloud Closes $17M Equity Funding (finsmes.com) [edit]
  4. Cancer Diagnostics Developer MolecularMD Closes On $6M Series B (fis.dowjones.com) [edit]
  5. Tower Cloud Secures $49M (finsmes.com) [edit]
  6. Watermark Medical Receives $6M Equity Investment from Ballast Point Ventures (finsmes.com) [edit]
  7. Horizon (horizondcs.com) [edit]
  8. Tower Cloud Raises $20 million in Preferred Equity Funding to Expand Fast Growing Wireless Backhaul Services (towercloud.com) [edit]
  9. FSV Payment gets $6M boost from Ballast, North Hill (bizjournals.com) [edit]
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Last Edited 5/30/13

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