North America

Polaris Growth Fund: Best Growth Fund US 2023

Polaris Growth Fund (PGF) is a collaborative investment firm that partners with founders building category-leading technology companies. PGF offers market-leading resources and expertise, including a successful track record with mergers and acquisitions, recruitment and team building, functional strategy (sales, marketing, product, finance, and more), and deep experience in B2B SaaS verticals. The firm thrives when partnering with founders and executives who are looking to retain equity in their business, but seek additional resources, capabilities, or expertise to maximize the potential of what they’ve built. Founders of the companies PGF has invested in have commented that the firm brings to the table “a beautiful balance of wisdom and collaboration”, with one CEO remarking, “together we took the business to places we couldn’t have reached on our own”.

PGF’s strategy dates to 2002 when Polaris Partners, a leading venture capital firm with over 25 years of experience supporting innovation in the healthcare and technology sectors, identified the need to serve growth-stage B2B SaaS companies with a tailored approach. The inaugural Polaris Growth Fund was launched in 2018, following a long track record of successful partnerships with growth-oriented technology companies within the Polaris Partners venture funds. As a dedicated fund within the Polaris Partners family, PGF supports its portfolio companies with a unique combination of a focused team with relevant resources and the benefits of a larger firm’s scale.

Led by Managing Partners Bryce Youngren and Dan Lombard, PGF is deeply committed to the success of each of its portfolio companies. Its team of investors and operating partners brings decades of experience collaborating to grow and expand market-leading technology businesses, as well as an extensive track record of creating win-win outcomes for all stakeholders. The CFI.co judging panel was impressed with PGF’s impressive track record and unique, collaborative approach, awarding Polaris Growth Fund the 2023 Best Growth Fund Manager (US) award.

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