The Private Equity team advised Riverwood Capital on a growth funding investment in Urban SDK, a leading provider of geospatial AI solutions, equipping public leaders with actionable insights and automation for mission-critical decisions. This investment fuels Urban SDK’s rapid growth across the public sector as a category-defining leader, providing the system of action for over 300 civic leaders in 40 states to optimize their resources for smarter, data-driven operations that address cities’ emerging safety and infrastructure needs.
Riverwood Capital invests in high-growth companies in the technology and technology-enabled industries. Riverwood offers a unique combination of operational, strategic, technology, and financial insight to portfolio companies that typically need growth capital and expertise to scale on a global basis. The firm seeks to invest in established businesses with a proven technology and business model and the proper fit in terms of culture and values. Riverwood was founded in 2008 and has had the opportunity to invest in and support over 90 companies since inception, which have grown from the $10s into the $100s of millions in revenue. The Firm has offices in Menlo Park, CA, Miami, FL, New York, NY, and São Paulo, Brazil.
The Goodwin team was led by Patrick Sandor, Leon Johnson, Edward Newton, Nicole Brock, Rossetti Farrell, Jared Gheen, Ben See, and Alex Watson.
For more information on the deal, please read the press release and coverage in the Wall Street Journal.