Section Partners

About

Section Partners is a multi-strategy investment firm founded in 2014 and based in Palo Alto. The firm focuses on providing structured and direct investments to late-stage, venture-backed technology companies, combining personal liquidity solutions for founders and employees with growth capital for companies preparing for significant inflection points. Section Partners manages over 575 million dollars in committed capital and is known for its proprietary private credit strategy, which offers downside protection, contractual returns and equity upside for investors. The firm acts as a trusted partner for founders and stockholders seeking creative capital solutions during the later stages of company building.

Investment Focus

Upgrade membership to unlock full access.

Section Partners invests in late-stage technology companies with strong revenue scale, high growth and multiple paths to liquidity.

The firm specializes in structured transactions with individual stockholders, secondary share purchases and direct equity investments in mature venture-backed companies.

ts focus spans enterprise software, fintech, developer infrastructure, digital platforms and other technology-driven categories where companies are preparing for pre-IPO or strategic alternative outcomes.

Fund

Section Partners recently closed two additional investment vehicles, Section Capital V, LP and Section Ventures II, LP, along with a parallel co-investment fund. Together these funds total 189 million dollars in commitments and expand the firm’s ability to provide both personal financing solutions to stockholders and growth capital to late-stage private companies.

Fund V primarily targets structured transactions with individual stockholders, enabling founders, executives and early employees to unlock personal liquidity while maintaining long-term alignment. Fund V also makes direct equity investments in venture-backed companies through both primary and secondary opportunities.

Section Ventures II, LP serves as a dedicated equity co-investment vehicle, supporting larger follow-on allocations in high-quality late-stage companies. These funds reinforce Section Partners’ role as a specialized provider of flexible, founder-aligned capital suited for companies on the path to IPO, strategic sale or alternative liquidity events.

Upgrade membership to unlock full access.

Other Information

Leadership

Section Partners is led by Dave Crowder, Managing Partner and Founder, who brings over 30 years of Silicon Valley experience across venture capital and technology investment banking, including co-founding Thomas Weisel Venture Partners and serving as a senior banker at Montgomery Securities. He is joined by Managing Partner Solomon Lee, who previously spent nearly a decade in Morgan Stanley’s Technology Investment Banking group advising leading enterprise software companies. The team has expanded with three additional investment professionals who strengthen the firm’s sourcing and execution capabilities.

Investment Strategy

The firm’s strategy centers on structured financing solutions for late-stage private company stockholders combined with targeted equity investments in high-performing venture-backed companies. Section Partners prioritizes opportunities with exceptional revenue scale, strong topline growth and clear paths to liquidity, leveraging both primary and secondary mechanisms. Its proprietary private credit structure offers investors downside protection and tax-efficient returns, while founders and employees benefit from personalized financing options that preserve long-term equity value. The approach is relationship-driven, focused on long-term alignment and designed to support founders during the critical phase between late-stage growth and public-market readiness.

Notable Investments

Since inception, Section Partners has executed transactions with stockholders from more than 80 venture-backed companies.

The firm’s portfolio engagement includes companies such as:

  • Airbnb
  • CrowdStrike
  • DocuSign
  • Figure Technologies
  • GitHub
  • Heartflow
  • Klarna
  • MongoDB
  • One Medical
  • Palantir
  • Pinterest
  • Uber
  • Upwork

Notable Exits

Across its history, 37 companies within the Section Partners portfolio have completed liquidity events including IPOs and acquisitions.

These outcomes span enterprise software, fintech, consumer platforms, digital health and cybersecurity, showcasing the firm’s emphasis on companies with strong operational metrics and clear exit pathways.

Other

Section Partners is not a traditional venture fund. It specializes in structured liquidity solutions that help founders, employees and early investors manage personal financial needs without forcing premature secondary sales or misalignment with long-term value creation. The firm is also highly selective, focusing only on companies with significant scale and mature revenue profiles. Companies considering partnership with Section Partners should have well-developed metrics, strong governance and a clear route toward IPO or strategic exit. While the firm can participate in primary rounds, it is especially valuable for teams navigating late-stage liquidity challenges ahead of a major milestone.

Upgrade membership to unlock full access.

Read the newsletter that top VCs and founders keep in their inbox.

Join the inner circle