# Ballast Point Ventures

Ballast Point Ventures is a Venture Capital based in Tampa, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Tampa, United States
- **Region:** North America
- **Address:** Tampa, FL, United States
- **Founded:** 2001
- **Assets under management:** Undisclosed
- **Website:** ballastpointventures.com
- **LinkedIn:** https://www.linkedin.com/company/ballast-point-ventures

## Regulatory record

- **CRD number:** 162111
- **SEC file number:** 802-75989
- **Registration status:** ACTIVE
- **Latest Form ADV filing:** 2026-03-31T05:00:00.000Z
- **Reports private funds:** Yes
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/162111

## About

Ballast Point Partners is an early growth equity investor providing expansion capital to established but rapidly growing private companies located primarily in the Southeast and Texas. They partner with entrepreneurs rather than buying control, and focus on Software, Tech-enabled Services, and Healthcare.

## Sectors

- Enterprise Software
- Digital Health
- Financial Services
- Business Services
- Media & Entertainment

## Offices

- St. Petersburg, FL, United States

## People

- Dick Brandewie — Managing Partner
- David B. Hayes — Managing Partner
- Robert Faber — Partner

## Questions

### Who runs investment decisions at Ballast Point Ventures?

Managing Partners Dick Brandewie and David Hayes lead the firm's investment committee, supported by Partner Robert Faber. Brandewie and Hayes spun the firm out of Raymond James in 2001 and have been the central decision-makers across all fund vintages. The partnership structure is flat, with no separate CIO role.

### How does Ballast Point Ventures source proprietary deal flow?

Ballast Point originates most of its investments through its regional network of business owners, commercial bankers, accountants, and industry operators in the Southeast and Texas. The firm does not rely on broad auction processes. Its two-decade presence in a capital-constrained region gives it early visibility on founder-led companies before they hire investment bankers or attract coastal venture interest.

### What is Ballast Point's typical investment size and stage?

Ballast Point writes initial equity checks of $5 million to $20 million, targeting growth-stage private companies with $5 million to $50 million in annual revenue. The firm prefers companies that are profitable or approaching profitability. This places it squarely between early-stage venture capital and large-cap buyout funds, in what is often called the growth equity or expansion-stage segment.

### Which sectors does Ballast Point explicitly avoid?

Ballast Point does not invest in hard-tech, biotechnology, medical devices requiring FDA approval, or capital-intensive infrastructure. The firm focuses on services and software business models that produce recurring revenue. It also avoids pre-revenue startups and turnarounds, given its growth-equity mandate and preference for companies with demonstrated product-market fit.

### What is Ballast Point's geographic focus?

The firm concentrates on the Southeastern United States and Texas. This includes Florida, Georgia, North Carolina, Tennessee, Alabama, and Texas. Ballast Point views its regional concentration as a structural advantage in sourcing and post-investment engagement, rather than as a limitation.

### How is Ballast Point related to Raymond James?

Ballast Point Ventures was founded inside Raymond James in 2001 as an affiliated growth equity arm. It raised its first two funds with Raymond James support. The firm later achieved full independence from Raymond James, though it retains a cultural and network connection to the bank's Southeastern middle-market franchise.

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Last updated: 2026-08-11T15:06:13.093Z

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