Year In Review
The past year has been one of continued growth for both the Silversmith team and the portfolio. We welcomed 15 new members to the firm, supported portfolio companies as they expanded their own teams, brought executives from across the portfolio together for leadership events, and celebrated their success as they scale great businesses. Partnerships are the foundation for everything we do, and we are grateful for the exceptional founders, executives, and people who are part of the Silversmith team.

Silversmith By the numbers1



Fund IV (2022)
Fund III (2020)
Fund II (2018)
Fund I (2015)
Portfolio Companies
(full and partial)2
Team Members
Senior Advisors
M&A transactions supported

2023 Portfolio By The Numbers

Average Revenue Growth3
M&A Transactions Completed
Executive Additions
awards and industry recognitions4

Portfolio Company Acquisitions

Community Funded
Prime Technologies

notable portfolio team additions

Jeff Alter

Chief Executive Officer,
Sound Physicians
formerly at Summit Health

Josh Baird

Chief Operating Officer,
formerly at RedAwning

Christiana Beveridge

President & Chief Medical Officer, Upperline Plus
formerly at Oak Street Health

Lindy Blevins

Chief People Officer,
Upperline Health
formerly at Bed Bath & Beyond

Ron Books

Chief Executive Officer,
Net Health
formerly at ECI Software Solutions

Colin Browne

Board Member,
former Chief Operating Officer,
Under Armour

Chris Ciauri

Chief Executive Officer, Unily
formerly at Salesforce

Michelle Denman

Chief People Officer, impact.com
formerly at Deem

Devin Golden

Chief Revenue Officer, JETNET
formerly at IntelyCare

Jeff Hassemer

VP of Marketing,
formerly at Vericast

Shawn Jacques

SVP of Engineering,
formerly at MINDBODY

Greg Kimball

SVP Product,
formerly at Validity

Al Kinnear

Executive VP of Sales, TMA Systems
formerly at Absorb Software

Allan Leinwand

Chief Technology Officer, Webflow
formerly at Shopify

Holger Luedorf

Board Member,
Managing Director Partnerships - Geo

Jeff Lundal

Chief Revenue Officer, Validity
formerly at Acoustic
(IBM Watson Cloud)

Aled Miles

Chief Executive Officer, Formstack
formerly at Sauce Labs and Symantec

Steve Min

VP of Finance & Corporate Development, TMA Systems
formerly at Harry’s

Katherine Minty

Chief Financial Officer, JETNET
formerly at SimpliSafe

Marcus Moreno

Chief Operating Officer, Upperline Health
formerly at Oak Street Health

Tom Ormondroyd

Chief Executive Officer, MediaLab
formerly at Millennia Patient Services

Scott Raskin

Chief Executive Officer, Worldly
formerly at Quotient Technology

Ed Roshitsh

Board Member,
TMA Systems
former CEO, Dude Solutions

Scott Stephenson

Board Member,
former Chair and CEO of Verisk Analytics

Doniel Sutton

Board Member,
former Chief People Officer, Alteryx

Francois Thrower

Chief Financial Officer, Worldly
formerly at Fond

Brad Wensel

Chief Customer Officer, Iodine Software
formerly at Amazon Web Services & Healthgrades

Joy Whinery

Chief Financial Officer, ActiveCampaign
formerly at PlanSource

Jennifer Zador

Chief Counsel,
formerly at Pendo.io

Jin Zou

Chief Financial Officer, Upperline Health
formerly at agilon health

Portfolio Recognitions4

Webflow and ActiveCampaign Named to Forbes Cloud 100 List

Appfire Ranked 117 on Deloitte Technology Fast 500 List, wins 2023 SaaS Award, and named to Inc. Power Partners List

Constructor cited as the top-ranked vendor in the strategy category in “The Forrester Wave™: Commerce Search And Product Discovery, Q3 2023” report and named Best 'AI Solution' in Inaugural Convrt Awards

Gearset Wins Best DevOps Tool and Best Continuous Delivery Tool in DevOps Excellence Awards 2023

Iodine named as Best in KLAS in Clinical Documentation Integrity

Proven Optics Named as 2023 ServiceNow Partner of the Year

Unily Named a Leader in the 2023 Gartner Magic Quadrant for Intranet Packaged Solutions

Appfire, GiveCampus and Net Health Named to Inc. 5000 Fastest Growing Companies List

ActiveCampaign Named to G2 Best Software Products for 2023 List and TrustRadius Best Of 2023 Awards

impact.com recognized with more than 25 leading industry awards globally including CEO David A. Yovanno as a Top 50 SaaS CEO by The Software Report and named Best Overall Martech Company of 2023 by the Martech Breakthrough Awards

Fortified Health Security named 2023 Best in KLAS for Security & Privacy Managed Services

Onbe Named to BuiltIn 2023 Best Places to Work List

Sound Physicians Named to Becker’s Top Places to Work in Healthcare list

Venminder named as a G2 Leader for 3rd party risk management and named a Customers’ Choice for North America in the March 2023 Gartner Peer Insights “Voice of the Customer” for IT Vendor Risk Management

Portfolio Community Initiatives5

We are proud of the community initiatives which support diversity, equity and inclusion, and environmental, educational and social programs. Highlights include:

Volunteered 4,369 hours, and donated $450,000 to support a broad range of causes worldwide through Appfire Town

In Great Company, One Can do Great Things – 2023 support for One Simple Wish

Building DEI programs into culture of the company

Centauri Community Program

Planted 7,170 trees on Earth day and on track to plant 15K trees in 2023

ESG strategy focused on creating an equitable, transparent and sustainable business

Silversmith Recognitions6

Silversmith Named as Top Private Equity Firm for Growth

Silversmith Named to Boston Business Journal’s Best Places to Work List

Todd MacLean and Jim Quagliaroli Named as Top Software Investors

Jeff Crisan and Brian Peterson Named as Top Healthcare Investors

Danielle Waldman Named to Wall Street Journal’s Women to Watch Report and Top Women Leader in Growth Investing

Nikihil Marathe and Danielle Waldman named as Top 40 under 40 Investors

New Team members

Mary Berding


Gloria Bouquet

Administrative Assistant

Julia Frenette

Operating Partner, Talent

Jerry Jacobs


Jennifer Karl

Vice President of Operations

Rachael Keating

Operations Assistant

Wesley Morris

Senior Financial Analyst

John O'Connor

Senior Associate

Tod Pesses

Vice President

Lily Willess

Vice President

New Senior Advisor

Our 2023 Events

Throughout the year, we were thrilled to bring together our team and portfolio companies for events to reconnect, network, learn, share insights, support charitable causes, and have fun.

Silversmith CEO Summit

More than 50 guests including CEOs, founders, and senior advisors came together from across the country and abroad for two fun-filled days in Palm Beach, FL which included keynote leadership speakers, José Andrés and Admiral William McRaven

Silversmith Summer Team Outing

The Silversmith team gathered in Newport, R.I. for our annual summer outing

Silversmith Pan Mass Challenge Team

Members of the Silversmith team rode between 85 and 162 miles in August to raise funds for the Dana Farber Cancer Institute

Silversmith Portfolio Technology Leaders Events

Technology leaders in the Silversmith portfolio came together for dinners in New York City and Boston for networking and learning about best practices for scaling in the cloud

Silversmith Portfolio Marketing Events

Marketing leaders in the Silversmith portfolio came together for a community building dinner in Boston and a virtual workshop with Senior Advisor Mike Volpe on scaling a marketing organization

Community Volunteer Event

Members of our team supported the Boston Community Pediatrics annual holiday shopping event


The Silversmith team supported numerous community organizations in 2023 including: