At SIZE Capital, we believe in the power of collaboration. Established in 2023, our growth-stage investing is dedicated to partnering with companies and their leadership teams to fuel their expansion. Leveraging our unique ecosystem of insights, networks, and resources, we aim to unlock the potential of the next generation of commerce technology companies.
Strategic Growth and Sector Focus
At SIZE Capital, we drive growth through a specialized equity strategy focused on the commerce sector and related technologies. Our $200M Fund I serves as the launchpad for building a sector-focused, multi-billion-dollar investment firm.
Proven Investment Track Record
With a proven track record, we’ve achieved over 100% IRR and a 2.0x MOIC on exits from more than $300M of invested capital. Leveraging the same scale, ecosystem, and portfolio construction as Fund I, we’re poised to capitalize on a robust pipeline that fuels future growth.
Differentiated, Hands-On Model
Our differentiated, hands-on model flips the traditional sourcing funnel. Practitioner-led insights from the SIZE platform, combined with unique sourcing levers, deliver a steady flow of high-quality investment opportunities.
Navigating Complexity with the Right Team
In a complex operating environment, we have the right strategy at the right time, backed by the right team, to help companies unlock compelling returns through innovative capital solutions.
Engaged LP Base Driving Innovation
Our engaged LP base—including corporates, commerce-tech founders, and strategic family offices—drives a flywheel of ideas and innovations, creating value that extends beyond financial returns.
GP BRINGS EXPERTISE AND SYNERGY TO SIZE
Anand Subramanian
MANAGING PARTNER, SIZE CAPITAL
Anand is an accomplished senior executive passionate about investing in and working with growth-stage tech companies, with deep expertise in commerce technology, marketing tech, fintech, and vertical software.
Track Record of delivering investment returns on growth equity, >210% IRR as independent GP in 2021 / 2022 YTD and >100% IRR on exits while co-heading growth equity at Macquarie on >$300M of invested capital.
Repeatedly mandated to launch and scale new strategies - Scaled growth and structured equity principal strategy from concept into dedicated $750M strategy from 2017 – 2021 at Macquarie, leveraging the firm’s points of differentiation to create unique investment opportunities.
Utilizes deep and active network of tech CXOs, VC partners, independent board members, and institutional investors to source deals as well as candidates, customers, and partners for portfolio companies. Board experience advising CEOs and management teams through board involvement in areas including business strategy, GTM, product roadmap, talent identification, acquisitions, and capital/financing.
Brian Schwartz
CO-FOUNDER / MARKETING, GROWTH, STRATEGY
Brian is the founder of SIZE - an advisory group of former c-suite executives that support 60+ late-stage technology and consumer companies to help them grow, withstand uncertainty and ultimately exit and SIZE Capital - a sister investment arm that invests in promising SIZE technology companies.
Prior to founding SIZE and SIZE Capital, Brian was Vice President, Global Marketing for Expedia Group's $5.4 billion lodging group where he led teams across digital, brand, creative, marketing technology, public relations, research and events. Prior to Expedia Group, Brian spent many years in marketing and retail at DreamWorks Animation where he built a new division to $1.2 billion in retail sales, developed brand strategies for Trolls, Shrek, Kung Fu Panda, Madagascar and How to Train Your Dragon and executed over 100 omni-channel marketing campaigns to support DreamWorks' entertainment properties.
Brian is currently on four boards, an advisor to 40+ companies (including Gopuff which is valued at $15B) and a scout investor for the VC fund Canaan Partners.
Brian holds a Masters in Finance degree from the London School of Economics and a Bachelor of Arts degree from Indiana University.
Jim Winett
CO-FOUNDER SIZE / STRATEGIC PLANNING, OPERATIONAL RESTRUCTURING AND INVESTMENT COMMITTEE, SIZE CAPITAL
Jim has 30+ years experience in finance, strategy and operations, working with early stage growth start-ups to Fortune 50 companies. His work has included operating companies in crisis and turnarounds to international strategic planning and change management to interim CFO and operating roles.
Jim's current consulting practice includes a wide range of advisory services, including managing all M&A activities for a PE-backed automotive aftermarket company that he has assisted growing from $0 to $1.8 Billion sales in the United States as well as working with early stage companies as an Executive in Residence at the Los Angeles Cleantech Incubator. In parallel to his consulting practice, Jim has also co-founded, acquired and sold interests in a variety of companies, including but not limited to ShipMax.com, a 3PL for online retailers, The Agency for Sports Ethics, an anti-doping monitoring program for professional athletic teams, and ACC Health, a mobile medical and dental company with operations nationwide. Jim also co-founded the non-profit Early X Foundation, which works to spin off Intellectual Property in partnership with national research laboratories into for-profit companies to stimulate the economy, reduce the tax burden on the labs and promote employment opportunities.
Prior to founding his consulting firm, Jim worked in the Business Turnaround Services Group at PriceWaterhouseCoopers, where he worked with such clients as Disney, Circle K and U-Haul.
Jim received his MBA from the Kellogg School of Management at Northwestern University and his Bachelors of Science in Accounting from the University of Illinois at Urbana-Champaign.
We turn the sourcing funnel upside down
Size flywheel - our advantage
Leading commerce tech companies
Enterprise Brands
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DELIVERING TREMENDOUS VALUE FOR CLIENTS UNLOCKS OPPORTUNITY
WHAT’S THE INVESTMENT FOCUS?
COMPANIES
Solving large pain points in the commerce ecosystem for customers, employees, and /or the business overall
With innovative, asset-lite business models in mission critical areas
Which have proven, product-market fit and customer adoption seeking growth levers
Where SIZE gets unique market insights on competitive differentiation from its ecosystem
Where SIZE can accelerate company momentum through its end market network and reach
STAGE
Growth-stage and later (min $20mm of revenue)
“Scale-ups”, NOT start-ups
COMPANY PROFILE
25%+ Growth
Capital fully funds the business even in downside case
No more than 12-months to profitability (if not break-even/ profitable already)
SECTORS
Commerce Enablement,
Customer Engagement,
Marketing Tech, Retail Tech,
Logistics/Fulfillment,
Frontline Worker Technology,
B2B Commerce
Fintech for Commerce
