Trident Capital

What Trident Capital does

Trident Capital is a venture capital and growth equity firm founded in 1993 and based in Palo Alto, California, investing in software, services, and internet companies. The firm operates with a small leadership bench of 11–50 employees, including co-founders and managing directors John Moragne and Donald Dixon, managing director Alberto Yepez, and chief administrative officer and general counsel Howard Zeprun. Trident Capital monetizes through the standard VC model of management fees and carried interest on fund vintages, supplemented by corporate advisory mandates delivered through a separately branded arm, Trident Debt Capital Advisors, which provides financial advisory services to infrastructure and growth-stage companies.

The firm has extended its footprint beyond traditional venture investing into digital infrastructure advisory, most recently being appointed as corporate adviser (alongside Utiliti Group) to WinDC, a renewable energy-powered data centre builder founded by ASE Tech founder Andrew Sjoquist, on a $176 million Series A capital raise combining debt and equity. Trident Capital also operates or is associated with Trident Capital Investments, a vehicle through which Founder Sachee Trivedi has publicly articulated an India-focused investment thesis emphasizing India's role as a manufacturing hub and its asymmetric positioning relative to US AI exposure, presented at the MC Global Wealth Summit. The firm raised $11.26 million in a March 2019 funding round and remains operationally active as of March 2026, though AUM, fund vintage cadence, portfolio composition, and revenue are not disclosed in the available data.

Name

Trident Capital

Website

https://tridentcap.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Short description

Trident Capital is a Palo Alto-based venture capital and growth equity firm founded in 1993, investing in software, services, and internet companies and providing corporate advisory through Trident Debt Capital Advisors, including recent mandates on digital infrastructure financings.

Ownership category

akta.pro rank

Product category

Venture Capital and Private Equity

NAICS

Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG)

akta.pro secondary industries

Infrastructure & Project Finance Private Debt (FSANADAH), Corporate Finance & Capital Advisory (BPAHADAB)

Keywords

• Venture capital investing
• Growth equity investing
• Software sector investments
• Corporate financial advisory
• Infrastructure financing

Headquarters

HQ city

Palo Alto

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Core offering

Trident Capital is a venture capital and growth equity firm that invests in software, services, and internet companies. The firm, founded in 1993 and based in Palo Alto, also operates a corporate advisory arm (Trident Debt Capital Advisors) that provides financial advisory services for capital raises, including debt and equity structuring for infrastructure and renewable energy projects.

Differentiator

Problem solved

Functional benefit

Brands

• Trident Debt Capital Advisors: Corporate advisory division of Trident Capital providing advisory services to infrastructure companies

Products and services

• Venture Capital and Growth Equity Investments

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Expansion highlights4 records

Direct peers

• Trinity Ventures: Early-to-growth-stage VC firm investing in software, services, and internet — the same focus area and stage range described in Trident Capital's firmographics. Closely comparable fund-stage and sector mix.
• Bessemer Venture Partners: Long-tenured multi-stage growth-equity firm with a long-standing practice in software, services, and internet investments. Highly comparable by stage, sector, and franchise era to Trident Capital.
• NEA (New Enterprise Associates): Large, diversified venture and growth-equity firm active in software, services, and internet. Comparable as a long-running multi-stage capital partner with sector breadth similar to Trident.
• Insight Partners: Specialist growth-equity investor in software and internet, often pairing equity with operating support. Comparable stage focus and capital-deployment model to Trident Capital's growth equity framing.
• Accel: Global venture and growth-equity investor with strong software and internet franchises. Directly comparable in stage, sector emphasis, and pan-geographic posture to Trident.

Broad incumbents

• PJT Partners: Publicly listed advisory firm specializing in capital structure and financing advisory, including private-credit and debt placement. Direct overlap with Trident's debt-capital-advisory mandate and infrastructure-finance focus.
• Lazard: Global advisory firm with deep debt-and-equity capital-raising capabilities across sectors and geographies. Comparable broad incumbent competing for similar mandates, particularly cross-border capital raises.
• Houlihan Lokey: Established global investment bank with a sizeable capital-advisory practice arranging debt and equity financings across stages. Comparable as a scale competitor in the capital-raising-advisory arena that Trident Debt Capital Advisors operates in.
• Silver Lake: Large dedicated technology growth-equity and credit franchise spanning equity and structured capital for tech and tech-infrastructure assets. Relevant adjacent peer given Trident's blended equity-and-debt posture in software and infra.

Emerging players

• DC Advisory: Mid-market international advisory firm with strong debt-advisory and capital-raising capabilities and a pan-European / cross-border footprint. Comparable as a scale-peer for middle-market capital-raising mandates similar to Trident's WinDC transaction.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/tridentcapital

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors

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

M&A

Investments223 records

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

Frequently asked questions about Trident Capital