Ten Coves Capital
Overview
Ten Coves Capital is a private equity firm specializing in growth equity investments in high-growth B2B software companies across the FinTech ecosystem. They invest across payments, banking & lending, asset management, capital markets, and insurance & benefits, helping scale companies that solve industry pain points, enable workflows, and provide critical infrastructure.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Blue J | Aug 2025 | Series D | Co-investor |
| Q4 Inc. | Feb 2024 | Buyout/LBO | Co-investor |
| Projectworks | Jun 2025 | Series A Extension | Lead |
| SteelEye | Sep 2022 | Series B | Lead |
| BenefitBay | May 2026 | Series A | Lead |
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Key People
Steven Piaker
Managing Partner
Steven Lula
Partner
Michael Lipin
Growth Equity Investor
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Ten Coves Capital based?
Ten Coves Capital is headquartered in Darien, Connecticut, United States.
When was Ten Coves Capital founded?
Ten Coves Capital was founded in 2020.
How many portfolio companies does Ten Coves Capital have?
Ten Coves Capital has 25 portfolio companies in Caplight's dataset.
What are some companies in Ten Coves Capital's portfolio?
Portfolio companies visible on Caplight include Blue J, Q4 Inc., Projectworks, SteelEye, BenefitBay.
What was Ten Coves Capital's most recent investment shown here?
Ten Coves Capital's most recent investment in this portfolio sample was in BenefitBay in 2026.
What sectors does Ten Coves Capital focus on?
Ten Coves Capital focuses on FinTech, Enterprise Software, Enterprise Software, Enterprise Software, FinTech, Healthcare & Life Sciences, Enterprise Software, FinTech, FinTech, Enterprise Software, FinTech, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Healthcare & Life Sciences, Enterprise Software, Enterprise Software, FinTech, Enterprise Software, Enterprise Software, FinTech, Cybersecurity, Healthcare & Life Sciences, Enterprise Software, Consumer & Commerce, Real Estate & PropTech, FinTech, Enterprise Software, FinTech, Enterprise Software, FinTech, FinTech, FinTech, FinTech, FinTech, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, FinTech, Enterprise Software, AI, Data & Cloud Infrastructure, FinTech, FinTech, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, FinTech, FinTech, FinTech.
What company stages does Ten Coves Capital focus on?
Ten Coves Capital typically invests at the MultiStage stage.
What is Ten Coves Capital's AUM?
Ten Coves Capital's assets under management are estimated between $500.0M and $1.0B.