Arsenal Growth Equity
Arsenal Growth Equity is a private growth equity firm founded in 1999 that invests $5–15 million per deal in growth-stage software companies. Headquartered in Winter Park, Florida, the firm has deployed $500M+ across 50+ portfolio companies globally, providing capital, operating experience, and network access.
- Company typePrivate
- Founded1999
- HeadquartersWinter Park, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Arsenal Growth Equity does
Arsenal Growth Equity is a private growth equity and venture capital firm founded in 1999 and headquartered in Winter Park, Florida. The firm provides growth capital to growth-stage software companies solving mission-critical problems in large, expanding markets, with a typical investment size of $5-15 million per company. Arsenal reports deploying more than $500 million across 50+ portfolio companies globally, supported by a team with 25+ years of combined operating and investing experience in growth-stage software. The firm's roots trace to solving complex technology challenges for government and enterprise clients, a heritage that underpins its emphasis on disciplined analysis, operational rigor, and focus on software that powers mission-critical outcomes.
Arsenal positions itself as one of the first institutional investors in growth-stage software companies, distinguishing its offering beyond capital to include operating experience and a trusted network of industry contacts. The portfolio spans compliance platforms, digital health tools, and supply chain visibility solutions, reflecting a horizontal software mandate rather than a single vertical focus. The firm targets proven management teams seeking to scale efficiently and build durable enterprise value without surrendering founder control, addressing the capital and operational gap between early-stage seed funding and later-stage expansion rounds.
Arsenal's revenue model follows standard growth equity economics, generating income through management fees and carried interest on portfolio investments. The firm operates with a lean team of 11-50 employees, led by co-founders and general partners Jason Rottenberg and John Trbovich, alongside a vice president, finance director, and three principals including a technology-focused principal. Recent disclosed activity includes participation in Cart.com's $180 million growth equity round in March 2026, co-led by Springcoast Capital Partners with PayPal Ventures, Mercury Fund, and Oak HC/FT, signaling continued active deployment alongside recognized strategic and financial co-investors.
Arsenal Growth Equity firmographics
Firmographics- Name
- Arsenal Growth Equity
- Legal name
- Arsenal Growth Equity
- Website
- https://arsenalgrowth.com
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Arsenal Growth Equity is a private growth equity firm founded in 1999 that invests $5–15 million per deal in growth-stage software companies. Headquartered in Winter Park, Florida, the firm has deployed $500M+ across 50+ portfolio companies globally, providing capital, operating experience, and network access.
- Ownership category
- akta.pro rank
Arsenal Growth Equity industry classification
Industry- Product category
- Growth Equity Investment
- NAICS
- Portfolio Management and Investment Advice (52394), All Other Financial Investment Activities (52399), Other Investment Pools and Funds (5259)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Technology & Software Growth Equity (FSANACAA)
- akta.pro secondary industries
- Healthcare & Life Sciences Growth Equity (FSANACAB), Security & Defense / GovTech Growth Equity (FSANACAN)
Keywords
Where Arsenal Growth Equity is headquartered
LocationHeadquarters
- HQ city
- Winter Park
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Arsenal Growth Equity business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D
Arsenal Growth Equity product offering
Product offeringCore offering
Arsenal Growth Equity is a private growth equity firm that provides growth capital investments of $5-15 million to growth-stage software companies. The firm pairs capital with operating experience and a trusted industry network to help proven software teams scale efficiently, operate with discipline, and build durable enterprise value without sacrificing founder control. Arsenal's portfolio spans compliance platforms, digital health tools, and supply chain visibility software solving mission-critical problems in large, expanding markets.
Product overview
Arsenal Growth Equity is a growth equity investment firm that provides capital, operating experience, and strategic network access to growth-stage software companies. The firm targets software companies solving mission-critical problems in large, expanding markets, with typical investment range of $5-15M. Their portfolio spans compliance platforms, digital health tools, and supply chain visibility tools. As an investment firm, Arsenal does not offer software products or services but rather provides growth acceleration support to portfolio companies.
Differentiator
Problem solved
Functional benefit
Products and services
- Growth Equity Capital Investment Growth-stage capital investments of $5-15 million per portfolio company, paired with operating experience and a trusted network of industry contacts, provided to software companies solving mission-critical problems in large, expanding markets.
- Portfolio Operational Support and Network Access Operational expertise, disciplined analysis support, and trusted industry network access delivered to portfolio company management teams to help them scale efficiently, operate with discipline, and build durable enterprise value.
Companies that use Arsenal Growth Equity
Customer profileSegments1 record
Ideal customer profiles1 record
Arsenal Growth Equity technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Arsenal Growth Equity partnerships and signals
Strategic signalScale indicators3 records
Recent moves4 records
Expansion highlights5 records
Arsenal Growth Equity competitors and assessment
Company assessmentDirect peers
- Insight Partners: One of the largest software-focused growth equity firms globally. Directly comparable as a growth-stage software investor writing structured minority and majority checks, though at substantially larger scale than Arsenal.
- JMI Equity: Growth equity firm focused on software companies, with similar check sizes and a founder-friendly value proposition. Closely comparable in target market and approach to growth-stage software investing.
- TA Associates: Growth equity firm investing in technology, healthcare, and consumer companies. Comparable in growth-stage check sizes and minority investment approach, though diversified across multiple verticals rather than software-only.
- General Atlantic: Global growth equity firm with significant software and technology investing practice. Comparable in growth-stage focus and willingness to lead rounds, though at substantially larger scale than Arsenal.
- Summit Partners: Growth equity firm investing across technology, healthcare, and growth services. Comparable in growth-stage mandate and check size flexibility, with strong software exposure comparable to Arsenal's portfolio.
- PSG Equity: Growth equity firm specializing exclusively in software and technology-enabled services. Closely comparable vertical focus and growth-stage software mandate with similar value-add approach.
- Accel-KKR: Growth equity firm investing in middle-market software and tech-enabled services companies. Comparable in software vertical focus, growth-stage targeting, and sponsor relationships with management teams.
- Catalyst Investors: Growth equity firm focused on software, internet, and technology-enabled services. Closely comparable in software-only mandate, growth-stage targeting, and check size relative to Arsenal.
Broad incumbents
- Thoma Bravo: One of the largest software-focused private equity firms. Comparable software vertical expertise but operates at much larger check sizes, often taking control positions rather than minority growth investments.
- Vista Equity Partners: Premier software-focused private equity firm. Shares Arsenal's software-only thesis but operates at enterprise software mega-cap scale with control transactions rather than minority growth checks.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Arsenal Growth Equity social profiles
Digital presenceArsenal Growth Equity financial estimates
Financial estimateRevenue estimate
Valuation estimate
Arsenal Growth Equity leadership team
Management profileNumber of profiles
Profiles7 records
Arsenal Growth Equity funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Arsenal Growth Equity M&A and investment
M&A and investmentM&A
Investments46 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Arsenal Growth Equity
What does Arsenal Growth Equity do?
Arsenal Growth Equity is a private growth equity firm that provides growth capital investments of $5-15 million to growth-stage software companies. The firm pairs capital with operating experience and a trusted industry network to help proven software teams scale efficiently, operate with discipline, and build durable enterprise value without sacrificing founder control. Arsenal's portfolio spans compliance platforms, digital health tools, and supply chain visibility software solving mission-critical problems in large, expanding markets.
Is Arsenal Growth Equity a public or private company?
Arsenal Growth Equity is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Arsenal Growth Equity founded?
Arsenal Growth Equity was founded in 1999. It employs 11 to 50 people.
Where is Arsenal Growth Equity based?
Arsenal Growth Equity is headquartered in Winter Park, United States, in the North America region.
Who are Arsenal Growth Equity's main competitors?
Direct peers on record are Insight Partners, JMI Equity, TA Associates, General Atlantic, Summit Partners, PSG Equity, Accel-KKR and Catalyst Investors. Broad incumbents are Thoma Bravo and Vista Equity Partners.
Does Arsenal Growth Equity have an API?
No public API is recorded for Arsenal Growth Equity.
What industry is Arsenal Growth Equity in?
Arsenal Growth Equity's product category is Growth Equity Investment. Its primary akta.pro industry code is FSANACAA, Technology & Software Growth Equity, with a secondary code of FSANACAB, Healthcare & Life Sciences Growth Equity. Its NAICS code is 52394 and its SIC code is 6282.