Elephant Partners

BOSTON, MA

Elephant Partners has raised over $1.8B across 5 funds since 2008. Founded in 2019 by Roger Lee, Elephant focuses on growth-stage B2B software companies at the Series B and C stages, taking significant concentrated ownership positions in businesses like Samsara and EverCommerce.

Funds Raised

Total $ Raised

$1.8B

Est. Dry Powder

$231M

4yr linear

Last Fund

2023-08-10

Estimated dry powder over time

Linear 4-year deployment model per fund

All funds (5)

Fund	Raise Date	Filed	Raised	Est. Dry Powder	SEC
Elephant Partners III, L.P.	Currently Raising	2019-11-26	—	Deployed	↗
Elephant Partners V, L.P.	2023-08-10	2023-08-25	$792M	$231M	↗
Elephant Partners IV, L.P.	2021-07-15	2021-07-23	$600M	Deployed	↗
Elephant Partners II-B, L.P.	2018-03-15	2018-03-22	$250M	Deployed	↗
Elephant Partners I, LP	2015-10-02	2016-09-21	$156M	Deployed	↗