Goldman Sachs Growth Equity

What Goldman Sachs Growth Equity does

Goldman Sachs Growth Equity is the dedicated growth-stage investment platform of Goldman Sachs Asset Management, founded in 2005 and headquartered in New York. The firm deploys preferred equity, mezzanine, and minority growth capital into technology-driven companies across three verticals: Enterprise Technology ($6.1bn across 132 companies), Financial Technology ($2.8bn across 42 companies), and Healthcare Technology ($1.5bn across 38 companies), totaling $13.2bn deployed across 212 portfolio companies over a 20-year track record.

The platform's core differentiator is non-capital: portfolio companies receive access to the GS Value Accelerator (75 tenured operating advisors organized into four Centers of Excellence covering Finance & Strategy, Go-to-Market, Product & Technology, and Talent & Organization) and to the broader Goldman Sachs franchise, including ~12,000 investment banking corporate clients, ~3,000 financial institutions, ~16,000 ultra-high-net-worth clients, ~9,000 engineers, and 600+ research analysts. Distribution is relationship-driven — the firm does not market to retail and sources deals through founder relationships, co-investor networks, and GS corporate banking channels.

Returns are generated through equity appreciation realized via IPOs (70+ completed), strategic acquisitions, and secondary transactions. The unit is led by Global Co-Heads Darren Cohen (New York) and Stephanie Hui (Hong Kong), with Johanna Diaz as Global COO, and operates from 10 offices spanning New York, San Francisco, London, Hong Kong, Tokyo, Beijing, Sydney, Mumbai, São Paulo, and Israel. Recent lead investments in Taktile, Hightouch, Aidoc, ORO Labs, Grow Therapy, and Cubby in 2025-2026 indicate an active deployment cadence with growing concentration in AI-enabled enterprise and healthcare technology.

Name

Goldman Sachs Growth Equity

Legal name

Goldman Sachs Asset Management LP

Website

https://growth.gs.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Goldman Sachs Growth Equity is the growth-stage investment platform of Goldman Sachs Asset Management, deploying $13.2bn across 212 enterprise technology, financial technology, and healthcare technology companies worldwide, supported by 75 operating advisors and the broader Goldman Sachs global franchise.

Ownership category

akta.pro rank

Product category

Growth Equity Investing

NAICS

Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940), Investment Banking and Securities Intermediation (523150)

SIC

Investment Advice (6282)

akta.pro primary industry

Technology & Software Growth Equity (FSANACAA)

akta.pro secondary industries

Healthcare & Life Sciences Growth Equity (FSANACAB), Financial Services / Fintech Growth Equity (FSANACAE)

Keywords

• Growth equity investments
• Private capital funding
• Venture growth investing
• Portfolio company investing
• Technology equity financing

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Growth Equity Investment Management: Goldman Sachs Growth Equity generates returns through equity investments in growth-stage technology companies across enterprise technology ($6.1bn deployed, 132 companies), financial technology ($2.8bn deployed, 42 companies), and healthcare technology ($1.5bn deployed, 38 companies) sectors. Returns are realized through IPOs (70+ completed), acquisitions, and secondary transactions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Goldman Sachs Growth Equity is the growth equity investment platform within Goldman Sachs Asset Management that invests preferred equity and mezzanine capital in high-growth technology companies across Enterprise Tech, FinTech, and HealthTech. The platform complements its capital with strategic advisory through the Goldman Sachs Value Accelerator and provides portfolio companies access to Goldman Sachs' broader network and resources.

Product overview

Goldman Sachs Growth Equity operates as a growth equity investment platform rather than a software product company. The platform offers growth capital investment, operational support through the GS Value Accelerator (with 75+ operating advisors across Finance & Strategy, Go-to-Market, Product & Technology, and Talent & Organization Centers of Excellence), access to the GS Network (leveraging Goldman Sachs' banking, engineering, and research resources), and membership in a portfolio company community spanning 212 companies across three technology sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Growth Equity Capital Investments

Quantifiable outcome

• 70+ IPOs completed by portfolio companies
• +4 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Thoma Bravo: Thoma Bravo is a leading software-focused private equity firm. Although more buyout-oriented than GS Growth, it increasingly competes for large, mature enterprise software companies at similar check sizes and valuations.
• Hellman & Friedman: Hellman & Friedman is a large private equity firm with significant technology and financial services investing activity. While broader in mandate than pure growth equity, it competes for many of the same late-stage opportunities.

Direct peers

• Summit Partners: Summit Partners is a global growth equity investor focused on technology, healthcare, and financial services with comparable late-stage investing activity to Goldman Sachs Growth Equity.
• Insight Partners: Insight Partners is one of the largest dedicated technology growth equity firms globally, investing across stages similar to Goldman Sachs Growth Equity with comparable scale ($90B+ AUM). It is the most direct comparable in late-stage software and enterprise technology investing.
• General Atlantic: General Atlantic is a leading global growth equity firm investing across technology, financial services, and healthcare — directly mirroring Goldman Sachs Growth Equity's three-vertical strategy with comparable check sizes and stage focus.
• Warburg Pincus: Warburg Pincus is a pioneer of growth equity investing with global reach across technology, financial services, and healthcare — directly overlapping with Goldman Sachs Growth Equity's vertical strategy and check sizes.
• TA Associates: TA Associates is a leading global growth equity firm focused on technology, financial services, and healthcare — directly comparable to GS Growth in stage focus, sector mix, and growth-stage technology thesis.
• ICONIQ Capital: ICONIQ Capital is a growth equity and investment firm with strong ties to the enterprise software ecosystem, frequently co-investing alongside GS Growth in companies like Rippling and similar late-stage SaaS leaders.
• TPG Growth: TPG Growth is the growth equity arm of TPG, deploying capital into technology and growth-stage companies globally. It competes head-to-head with GS Growth on enterprise software, fintech, and healthcare technology deals of similar size.
• Sequoia Capital (Growth Fund): Sequoia's later-stage growth funds directly compete with Goldman Sachs Growth Equity for category-leading enterprise technology investments, often co-investing (e.g., in Grow Therapy) on rounds of comparable size.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/goldman-sachs

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments168 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Goldman Sachs Growth Equity