Activant Capital is a research-led growth equity firm that partners with high-growth companies transforming commerce through technology and innovation. Founded in 2015 by Steve Sarracino, the firm focuses on sectors such as fintech, e-commerce, and supply chain, investing in companies that are redefining digital ecosystems. Activant typically invests between $15 million and $60 million in high-growth companies, often as the lead investor, and offers a broad array of operational support to help founders scale their businesses.

The firm's portfolio includes companies like Bolt, Deliverr, and Finix, and it has achieved successful exits such as Hybris, which sold to SAP for $1.4 billion, and Celect, which sold to Nike in 2019. ( In 2022, Activant expanded its research and due diligence capabilities by opening an office in Cape Town, South Africa, to enhance its focus on data, research, and due diligence. (