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Georgian Partners Growth L.P.
Georgian Partners was founded in 2008 by Justin LaFayette and Peter van der Wel, who had previously built a successful health information technology...
Georgian Partners Growth L.P.
Georgian Partners was founded in 2008 by Justin LaFayette and Peter van der Wel, who had previously built a successful health information technology company. The firm's founding team brought operating experience to venture investing, a structure it has maintained through multiple fund cycles and an IPO of portfolio company Shopify. The firm focuses exclusively on B2B software, targeting enterprise technology companies in sectors including AI/ML, cybersecurity, fintech, digital health, and climate tech. Georgian makes both growth equity investments and provides expansion capital, typically investing $10–$50 million per transaction. Confirmed positions include Shopify (which went public in 2015), 1Password, and Clio. Beyond North America, Georgian has deployed capital into European technology companies. Georgian employs roughly 40 professionals across its Toronto headquarters. The firm operates a separate machine learning lab, Georgian Impact, which provides data science and AI expertise to portfolio companies. In 2023, Georgian launched a $500 million fund focused on growth-stage technology investments (per the firm, 2023). Georgian's structural differentiation lies in its integration of artificial intelligence as both an investment focus and an operational tool. The firm's Impact team conducts proprietary research on AI adoption and deployment patterns, which informs investment decisions and supports portfolio companies in applying machine learning to their own operations—a model rare among growth equity firms.
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
Canada
City
Toronto
Corporate office
Toronto, Ontario, Canada
Principals
Justin LaFayette
Managing Partner
Peter van der Wel
Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Georgian Partners?
The firm is led by co-founders and Managing Partners Justin LaFayette and Peter van der Wel. Both have been with the firm since its founding in 2008 and bring operating experience from a prior health technology venture. Georgian's investment committee includes these managing partners plus other senior principals (per public record).
How does Georgian Partners source proprietary deal flow?
Georgian differentiates through its Georgian Impact team, a machine learning lab that conducts original research on B2B software trends. This research positions the firm as an informed partner for companies at the intersection of AI and enterprise technology. The firm also sources deals through its network of portfolio company executives and prior founders (per the firm's official communications).
Does Georgian participate in fund commitments or only direct deals?
Georgian primarily makes direct growth equity investments, writing $10–$50 million checks into later-stage B2B software companies. The firm does not operate a fund-of-funds vehicle and appears focused on direct co-investments alongside other growth investors. Its limited partners include institutional investors, though the firm does not disclose full fund details (per public record).
What investment stages does Georgian target?
Georgian targets growth-stage companies—typically those that have reached product-market fit and are scaling revenue between $10 million and $100 million. The firm's average check size places it in growth equity and expansion capital territory, later than typical venture capital but earlier than buyout private equity (per public record).
Which sectors does Georgian explicitly focus on?
Georgian invests exclusively in B2B software companies, with confirmed focus areas including artificial intelligence and machine learning, cybersecurity, fintech, digital health, climate tech, and other enterprise technology verticals. The firm does not invest in consumer internet, biotech, or hardtech companies (per the firm's official communications).
Does Georgian maintain philanthropic structures?
Georgian operates a separate entity, the Georgian Impact Lab, which conducts academic-style research on AI and machine learning applications in business. While not a traditional foundation, this lab functions as a research and knowledge-sharing arm that benefits the broader technology ecosystem. The firm also engages in corporate giving programs (per public record).
What is Georgian's known posture on co-investments alongside external GPs?
Georgian frequently co-invests with other growth equity firms, as seen in its investments alongside firms like TCV or Accel in companies such as Shopify. The firm typically takes minority stakes and does not seek board control, positioning itself as a supportive partner to both portfolio company management and co-investors (per public record).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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