Investment Summary

First Trust Capital Partners Invests In Sift

On July 15, 2022, growth capital firm First Trust Capital Partners invested in information technology company Sift

Investment Highlights
  • This is First Trust Capital Partners’ 4th transaction in the Information Technology sector.
  • This is First Trust Capital Partners’ 23rd transaction in the United States.
  • This is First Trust Capital Partners’ 1st transaction in Wisconsin.

Investment Summary
Date 2022-07-15
Target Sift
Sector Information Technology
Investor(s) First Trust Capital Partners
Deal Type Venture

Target

Sift

Milwaukee, Wisconsin, United States
Sift provides advanced decision support solutions for managing the increasingly complex healthcare revenue cycle. Sift provides insights necessary to accelerate insurance payments, reduce overall denials, increase patient responsibility collections, monitor payer contracts and drive smarter workflows. Sift was founded in 2017 and is based in Milwaukee, Wisconsin.

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Investor(S) 1

Investor

First Trust Capital Partners

Investor Investor Investor

Category Growth Capital Firm
Size Small
Type Sector Agnostic
DESCRIPTION

First Trust Capital Partners is a private investment firm that looks to invest in early and growth stage companies principally in the financial services and healthcare technology sectors. First Trust Capital Partners is based in Chicago, Illinois.

DEAL STATS #
Overall 23 of 24
Sector (Information Technology) 4 of 4
Type (Venture) 15 of 16
State (Wisconsin) 1 of 1
Country (United States) 23 of 24
Year (2022) 8 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-06 First Trust Direct Indexing

Boston, Massachusetts, United States

First Trust Direct Indexing provides direct indexing technology that offers institutional investors and wealth advisors the ability to personalize investment strategies to align with the values of contemporary investors as well as the potential to capture substantial tax benefits. First Trust Direct Indexing provides one key service: direct indexing to help institutions and wealth management firms achieve long terms goals for their investors. First Trust Direct Indexing was founded in 2018 and is based in Boston, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-04 Sonara

Dallas, Texas, United States

Sonara is a medication adherence ecosystem that makes Methadone based treatment for Opioid Use Disorder more accessible and convenient for patients through a patented, tamper-aware medication monitoring system. Sonara was founded in 2020 and is based in Dallas, Texas.

Buy -
Mergr

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