2024 Q2
Cobalt Health
Care-coordination software for hospital systems. Listed on the NYSE in April at a $1.8B initial valuation. Carnegie Hill led the seed round in 2019 and participated through Series D, holding through the lock-up.
§ 02 / Exits
Companies that grew up.
Nine notable liquidity events since the firm was founded — acquisitions, public listings, and significant secondaries. A chronology, not a highlight reel.
§ 02.1 / Most recent
Cobalt Health's NYSE listing.
Care-coordination software for hospital systems. Listed on the NYSE in April 2024 at a $1.8B initial valuation. Carnegie Hill led the seed round in 2019 and participated through Series D, holding the position through the six-month post-IPO lock-up.
The company had sixteen employees when we led the seed. It had four hundred at listing.
The record, in order.
Nine exits since 2020. Acquisitions, public listings, and significant secondaries — the companies that outgrew venture scale.
2024 Q1
Palmer Lane
Reference-data infrastructure for fixed-income desks. Quietly acquired by Bloomberg's enterprise data unit. Carnegie Hill participated in both the seed (2020) and Series A (2022).
2023 Q4
Mercator Atlas
Geospatial intelligence platform for state and municipal planning agencies. Acquired by Esri in October to anchor their public-sector suite. Carnegie Hill led the Series A in 2020.
2022 Q4
Harbor Trust
Trust accounting and compliance software for private banks and family offices. Acquired by FIS as part of their wealth-platform consolidation. Seed and Series A participant.
2022 Q1
Northpoint Insurance Tech
Underwriting workbench for specialty commercial insurance lines. Acquired in February — the firm's first acquisition outcome and the template for subsequent fintech investments.
2022 Q2
Signet Identity
B2B identity verification platform. Carnegie Hill realized a partial exit through a secondary led by Tiger Global at the Series C. Continues to hold a meaningful position.
2021 Q3
Vantage Markets Co.
Market-microstructure analytics tooling for institutional trading desks. Acquired by Nasdaq's market-services group in mid-2021. Seed and Series A participant.
2021 Q2
Inkwell Press
Editorial and design workflow software for news publishers and book imprints. Acquired by Adobe to extend their publishing tools. Carnegie Hill led the seed in 2019.
2020 Q4
Atlas Data Group
Alternative-data brokerage for institutional buy-side research. The firm's first material exit — acquired during the IHS Markit / S&P consolidation. Seed lead in 2018.
For Founders
The next entry on this page might be yours.
We back twelve to fifteen companies a year and hold them all the way through. If you're building with that horizon, we'd like to hear from you.