Published on: Tuesday, 29 October 2024 ● 2 Min Read
SAN MATEO, Calif.--(BUSINESS WIRE)--Lateral Investment Management (“Lateral”), a growth-oriented private equity firm focused on founder-led technology and technology-enabled services businesses, is proud to announce that the firm has been named to Inc.’s annual Founder-Friendly Investors list. In its sixth year, Inc.’s Founder-Friendly Investors list honors the private equity, venture capital firms and lenders with the most notable track records of backing founder-led companies.
“At Lateral, we focus on backing high-conviction founders,” said Richard de Silva, Founder and Managing Partner of Lateral. “Founder-led bootstrapped companies typically are hardy, tight-knit organizations with lean cost structures, loyal employees and deep customer bases. Our strategy is to partner with these founders to help accelerate their businesses by clearing roadblocks to growth and paving the way for these companies to transform into successful market leaders.”
Inc.’s Founder-Friendly Investor list recognizes firms that remain actively involved with the businesses they invest in and that have earned the trust of the entrepreneurs they support to help drive growth.
“We are proud to be recognized by our portfolio companies and by Inc. through our inclusion on this prestigious list,” added de Silva. “Being founder friendly is a core value at Lateral.”
To compile this year’s list of 269 firms, Inc. went to entrepreneurs who have partnered with private equity and venture capital firms. Founders filled out a questionnaire about their experiences following investments from these firms and shared data on how their portfolio companies have grown during these partnerships. To see the complete list, go to: https://www.inc.com/founder-friendly-investors/2024
About Lateral Investment Management, LLC
Headquartered in San Mateo, California, Lateral is a growth-oriented private equity firm that invests in founder-operated technology and technology-enabled services businesses. The firm focuses on profitable, U.S. middle market companies that have not previously received institutional financing and makes $15 million to $75 million investments to accelerate their growth. By taking a highly customized approach to thematic deal origination, a founder-friendly approach to partnering with business owners, and a systematic and proactive approach to value creation, Lateral helps to transform its portfolio companies into category leaders. For more information, visit: https://lateralim.com/
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