Smith Point Capital

Smith Point Capital is an operator-led private equity firm specializing in investments in mission-critical enterprise software companies. The firm focuses on sectors where data, artificial intelligence, and precision applications converge to reshape business processes and customer experiences. Their investment strategy is characterized by a hands-on approach, leveraging the extensive operational expertise of their team to drive growth and innovation within portfolio companies.

The firm's leadership comprises seasoned professionals with backgrounds in leading enterprise software companies such as Salesforce, Oracle, Databricks, ServiceNow, and Snowflake. This deep industry experience enables Smith Point Capital to provide strategic guidance and operational support, ensuring that portfolio companies can scale effectively and achieve market leadership. Their inaugural fund, Smith Point Capital Fund I, L.P., closed in May 2025 with over $360 million in commitments, exceeding its target of $300 million.

Smith Point Capital's portfolio includes companies like AssemblyAI, a leader in AI-powered speech recognition, and Virtualitics, a platform for advanced data exploration and AI-driven decision-making. These investments reflect the firm's commitment to supporting innovative software solutions that drive the intelligent enterprise forward. By combining strategic capital with operational expertise, Smith Point Capital aims to build durable, industry-leading businesses that deliver sustainable value in the evolving enterprise software landscape.