Back to Blog October 16, 2017 in

LLamasoft

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2017 Capital Event of the Year Awardee

Significant capital events, like LLamasoft’s partnership with TPG Capital, are fueling the growth of Michigan’s entrepreneurial community.  The Capital Event of the Year nominees are innovative companies that are revolutionizing industries.

LLamasoft was presented with the Capital Event of the Year Award for the company’s partnership with TPG Capital, the global private equity fund of leading alternative asset firm TPG, in 2017. The company secured early investment from Augment Ventures, MK Capital, and Invest Detroit. Investors helped with creating new financing opportunities with Nike Ventures and Square 1, directing growth strategies and recruiting new talent for the company. Combined with the executive team’s strategic vision, hard work, and execution, the company has achieved tremendous success. LLamasoft has delivered an over 10-fold increase in revenue and an over 10-fold increase in investment value. This growing company currently employs over 400 and has plans to hire additional 100 – 150 new talent in the next year.