TIRTA

TIRTA

TIRTA was co-founded by Brett H. Barth and Larry G. Raffone, who brought together operating and investment experience from prior leadership roles at firms including BBR Partners and Fidelity Investments. The New York firm pursues a thesis-driven growth equity strategy focused on founder-led, category-defining companies in enterprise software, financial technology, and digital health. TIRTA targets companies with $10 million to $50 million in revenue that have achieved product-market fit and seek an active, research-oriented partner to help scale go-to-market functions, product development, and strategic hiring. The firm deploys capital through structured equity instruments — a blend of common stock, convertible preferred, and negotiated downside protection — rather than pursuing control transactions as a default. Investment sizes typically range from $25 million to $100 million. Confirmed portfolio positions include Route, a package tracking and order visibility platform, and Gather, an event management software company serving the hospitality vertical. Geographic focus is primarily North America, with the capacity to support portfolio companies expanding into European and Asia-Pacific markets. TIRTA operates a deliberately lean partnership model. Team size and deployment pace are not publicly reported. The firm maintains its core office in New York City. As of early 2025, TIRTA has not announced a dedicated parallel vehicle, philanthropic structure, or external club membership program. TIRTA's partnership structure is unusual for a firm of its strategy and vintage. Barth and Raffone established the firm as equal co-founders with no external parent entity — an arrangement that concentrates investment decision-making within a small, aligned group. That governance architecture produces concentrated portfolios with high conviction per position, distinguishing it from institutional growth platforms that optimize for fund size and management fees over individual deal quality.