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Case Study
October 2021
This case study reviews a recent investment made by Sage Growth Capital.
Founded in 2017 by military veterans, who are cloud and cybersecurity industry experts, Seattle-based company, Refactr, provides a DevSecOps Automation Platform that enables the collaboration between DevOps and cybersecurity teams
Summary
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Sage invested $150,000 which enabled Refactr to help catalyze its Air Force contracts.
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Six months after the initial investment, Refactr was acquired.
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As part of the acquisition, Sophos required the note be retired.
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Sage agreed to accept $175,000 as Refactr’s full payment, saving Refactr a significant amount of money.
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Sage investors achieved an IRR of about 41%
The entrepreneur and management team have reviewed this case study and have given us permission to disclose the information herein.
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