ORIX USA today announced that its business unit ORIX Ventures has changed its name to ORIX Growth Capital to better reflect the nature of its business strategy and value proposition it offers to its portfolio companies. ORIX Growth Capital is a leading growth finance company that provides debt and equity capital to high-growth, venture-backed companies.
“Our new name better represents who we have been for the prior 14 years and who we intend to be going forward,” said Bill Bishop, Managing Director and Co-Head of ORIX Growth Capital. “The capital we provide helps our portfolio companies grow their businesses organically in existing markets or take advantage of new market opportunities, extending investors’ equity capital runway.”
Jeff Bede, Managing Director and Co-Head of ORIX Growth Capital, added, “Although ORIX Growth Capital continues to invest in venture-backed companies, we wanted a name that better reflects the growth and late-stage nature of our platform. Our portfolio companies have revenue traction, with proven products, customer validation and invested equity support. We provide the patient growth capital with sizable follow-on capacity to help them get to the next level.”
Since the group’s inception in 2001, ORIX Growth Capital has provided over $1.4 billion in financing to more than 125 valuable, high-growth companies in the technology and healthcare sectors. Recent transactions include:
- Fishbowl: Leading supplier of restaurant decision sciences and 1:1 marketing automation, providing a robust cloud-based marketing and analytics platform that delivers actionable insights to help restaurants optimize their marketing programs to increase guest traffic, grow sales and improve customer loyalty.
- MetricStream: Provides Governance, Risk and Compliance (GRC) software, content and consulting that allow companies to streamline and automate their risk management programs and quality processes, as well as regulatory and industry-mandated compliance and corporate governance initiatives.
- Tapjoy: Leading marketing automation and ad monetization solution for mobile gaming publishers.
- Urban Airship: Leading the movement of mobile innovators, helping them build high-value relationships through mobile apps and mobile wallets.
Under its new name, ORIX Growth Capital will continue its successful track record of being a patient and flexible financing partner supporting the growth of its portfolio companies.