Partners from elsewhere today announced the addition of two proven investment professionals to its growth Austin-based team- Meaghan Mahoney and Cody Younkinboth as partners.
As it expands its network and increases its investment activities, Elsewhere continues to build its team of growth-stage software industry experts to manage sourcing, due diligence and wallet. In their new roles, Mahoney and Younkin will provide support at all stages of research, due diligence and execution of Elsewhere Partners’ growing portfolio. They will also work closely with the company’s extensive network of operations advisors to identify new areas of interest, develop investment theses, and build relationships with software startup founders.
“Activity in the software space is at a new all-time high, and Elsewhere Partners is committed to supporting the growth of innovative software leaders breaking the traditional Silicon Valley mould,” noted Chris Pacetti, founder and partner at Elsewhere Partners. “As we continue to build our team, finding investment professionals who share our passion and bring additional expertise to the table will prove extremely valuable not only to our team and our LPs, but also to the entrepreneurs who s partner with us to carve out their next path to growth.”
Prior to assuming his new role, Younkin spent four years in investment banking at DA Davidson. There, he executed M&A and growth capital transactions for technology companies in the software, infrastructure and B2B security industries. Prior to DA Davidson, he served as an equity research assistant at SGL Investment Advisors, where he helped develop in-house software tools for investment decision-making and assisted with portfolio analysis. Younkin earned his BS degree in Finance and Management Information Systems from University of Montana at Missoulawhere he graduated with honors
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“I am excited by the opportunity to help software companies realize their full growth potential. It’s an honor to partner with founders who have overcome obstacles to build healthy, customer-obsessed platforms without the perks or access to early VC funds,” added Younkin. “For many of these companies, the right hands-on resources and a bit of capital can go a long way to accelerating long-term value – something the Elsewhere platform does extremely well. By joining the Elsewhere Partners team, I now have the opportunity to help fulfill our mission to uphold and support best-in-class software platforms alongside an unparalleled community of industry veterans.
Prior to joining Elsewhere Partners, Mahoney was associated with Canadian Imperial Bank of Commerce (“CIBC”) where she underwrote venture loans, growth capital and buyout transactions for software companies focused on growth. She has also contributed to portfolio management and business development efforts through Texas and surrounding states. Prior to CIBC, Mahoney was a venture capital partner at Ecliptic Capital, an early-stage innovation fund focused on disruptive technology companies. His main responsibilities included deal flow management, due diligence and sourcing. She earned her bachelor’s degree in economics and a bachelor’s degree in international relations from tulane universitywhere she graduated with honors.
“Elsewhere’s investment strategy provides a unique opportunity to partner with companies around the world. We invest in companies whose founders are passionate about creating a great product, and as a team, this allows us to stay close to the sources of innovation that are driving change in various industries around the world,” said Mahoney. “It’s at these formative stages of a company’s lifecycle that getting the right people and processes around a great product can be key to accelerating growth. Being part of a team that helps take businesses to the next level is not only exciting, but also extremely rewarding. »
Collectively, Elsewhere’s investors and operating advisors represent experience in more than 150 organizations, more than 100 acquisitions, more than 150 financing rounds, and a total investment of more than $1 billion. He is focused on providing transitional growth capital and transformative operational expertise for capital-efficient B2B software companies looking to scale to the next level.