Integrity Growth Partners: $220 Million Fund Closed

By Amit Chowdhry • Yesterday at 11:31 PM

Integrity Growth Partners has closed its first committed capital fund at $220 million, surpassing its $200 million target and marking a significant milestone for the Los Angeles-based growth equity firm. The oversubscribed raise reflects strong demand from limited partners such as StepStone Group, Oxford Financial Group, and Olympus Ventures, signaling increasing investor confidence in the firm’s founder-focused model and transparent approach to backing growth-stage B2B software and technology-enabled companies.

Before raising this fund, the firm deployed more than $250 million across six single-deal transactions as it refined a sourcing and value-creation strategy built around long-term partnerships, a proprietary data and AI platform, and hands-on operational engagement. The completion of this fund allows IGP to expand its reach into capital-efficient, bootstrapped, founder-led businesses that are transitioning into institutionally backed category leaders.

With a focus on lower-middle-market companies with strong product traction and established business models, IGP plans to help management teams scale, operationalize functions, improve go-to-market execution, advance product innovation, and pursue strategic acquisitions. The firm’s leadership describes its approach as collaborative, candid, and aligned with founders who want more than just financial capital during periods of accelerated growth.

Portfolio executives highlight the firm’s involvement before and after investment, emphasizing its operator-led perspective and its ability to act as a “force multiplier” through active engagement and targeted expertise.

IGP’s founders stated that the completion of the fund represents not only a validation of its strategy but also an affirmation of the relationships it has built with entrepreneurs and investors since inception.

KEY QUOTES

“We couldn’t be more proud to announce this oversubscribed fund in today’s fundraising environment. This achievement underscores a simple idea: founders want transparent, relationship-driven, and operator-led partners who bring more than capital. At IGP we bring commitment, expertise, and the willingness to roll up our sleeves alongside management teams. With this fund, we are better positioned than ever to help exceptional founders realize transformational growth.”

Doyl Burkett, Managing Partner and Founder of Integrity Growth Partners

“None of our success would be possible without the trust and partnership of our limited partners and the founders who have chosen to work with us. At IGP, we believe our greatest asset is the community we have around us – our business is truly built on those partnerships. We could not be more appreciative of the support and trust that has been extended to our firm, both in this fund and since the inception of IGP.”

Ryan Anderson, Managing Partner and Co-Founder of Integrity Growth Partners

“We weren’t just looking for capital; we were looking for a force multiplier. IGP distinguished themselves immediately with their conviction and proactive engagement, providing tangible value well before the deal was finalized. They haven’t just supported our growth—they’ve actively helped accelerate it by providing specific strategy and operational expertise needed to scale faster and more efficiently.”

Dr. Aki Al-Zubaidi, Founder and CEO of Eon Health