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Growth Equity

Tritium

Tritium takes minority stakes in growing companies, usually without full control, from Austin, Texas, USA. It states a focus on software & internet, financial services, business & professional services and transportation & logistics.

Disclosed holdings
Earliest stated investment
HeadquartersAustin, Texas, USA
Stated fund size~$1.5B total commitments; Tritium III $684M (2023)

Stated investment criteria

What Tritium says it buys

Read from Tritium’s own website in August 2026. This is what the firm says it buys, not what anyone has recorded it buying, and figures are shown in the currency the firm itself used - nothing here is converted. Every line links to the page it was read from.

Revenue it states$5m to $75m1
Transaction typesAdd-on2
Founded20131
People listed on its team page273

A stated mandate is a firm’s description of itself and was true of the page on the day it was read; firms widen and narrow what they will look at without updating the site. Tritium states that it will take either a controlling or a minority stake. The team figure counts the people the firm shows on one team page, so it is a floor rather than a headcount: firms that split their team across tabs or load it in pages will read low. Nothing here is a commitment by Tritium to consider any particular business, and nothing on this page is represented as being for sale.

Regulatory record

How Tritium is registered

From this firm's Form ADV, the annual filing every registered and exempt investment adviser makes to the SEC.

Adviser statusSEC registered
Regulatory assets under management$1.9bn
Employees28
Private funds advised10 · $1.9bn gross
SEC adviser numberCRD 173132

Valuation context

Transaction values in Software & Internet

What companies have actually sold for in software & internet, across 2,672 recorded transactions.

Median consideration$80m
Middle 50%$20m-$250m
Revenue multiple2.2×
EBITDA multiple10.9×

The full software & internet picture - most active acquirers, recent transactions and every investor in the sector.

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Comparable investors

Similar mandates

Other growth equity investors active in software & internet.