Carrick Unveils Two New Investments, Accolade and Mavenlink

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For his article, Reporter Tim Hay speaks with Jim Madden about Carrick Capital Partners’ investments in Accolade and Mavenlink.  “Jim Madden, one of two partners at Carrick, said the firm has invested $24 million in a $30 million Series D round for Accolade Inc., a company that employs hundreds of people tasked with helping members of health-insurance plans make informed decisions about their health care.  The firm also put $5.4 million into a $7 million Series C round Mavenlink Inc., a company offering software to enable large-scale collaborations between professionals in various industries, Mr. Madden said.

Carrick, which last November announced it had closed a $180 million debut fund from endowments like the University of Texas Investment Management Co. and funds of funds like Horsley Bridge Partners, has now deployed a total of $65 million during its first year of operations, Mr. Madden said.”

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