Pilgrims & Indians Capital

Brian T. Sheehy, the firm's founder and managing partner, leads all investment decisions. Sheehy built the practice around direct, research-driven sourcing and maintains personal involvement in every deal the firm pursues. The structure is deliberately flat, with no sprawling investment committee layers separating the lead partner from capital deployment.

The firm writes growth-equity checks into B2B software and tech-enabled services companies that have demonstrated product-market fit and are scaling revenue. Core sectors include enterprise software, fintech, digital health, cybersecurity, and industrial technology. The firm favors companies with recurring revenue, strong retention metrics, and established competitive moats.

While the firm manages a dedicated investment vehicle, it is structured more like a permanent-capital partnership than a blind-pool fund manager. Pilgrims & Indians takes concentrated positions and holds them for longer durations without facing the distribution timelines that pressure conventional 10-year fund structures. Public details on fund size and LP composition have not been disclosed.

The firm relies on Brian Sheehy's direct network across the Texas technology ecosystem and broader North American growth-equity markets. Sheehy's long operating history in the space gives the firm access to proprietary and lightly intermediated opportunities, particularly in secondary tech hubs where institutional competition is thinner than in Silicon Valley.

The firm concentrates on North American companies, with a particular emphasis on businesses headquartered in Texas and other secondary US technology markets. Sheehy's Austin base gives the firm a sourcing advantage in the Central Texas corridor, though the mandate extends to opportunities across the United States.