Vistara Growth (Vistara), announced an initial closing at over $150 million for Vistara Technology Growth Fund V LP ( towards its target of $400m. The closing was completed in 4 weeks from launch and was anchored by increased commitments from existing Vistara limited partners.
Since inception in 2015, Vistara has raised over $500m, primarily from non-institutional sources such as family offices, entrepreneurs, and private foundations, predominantly based in British Columbia. With the ongoing growth of its platform, Vistara is now seeking to broaden its investor base by targeting pension funds and other institutional investors, and geographically by launching vehicles for both US and international investors. Vistara is targeting completion of its fundraise during the first half of 2024.
Vistara has maintained a consistent focus on mid-later stage enterprise software companies across North America seeking flexible and typically less dilutive forms of growth capital such as term debt, convertible debt, and/or structured equity.
