DealCloud ('The Company'), a financial services-focused software company that delivers an innovative SaaS platform for business development, pipeline management and deal execution to the private capital markets, announced today that it has completed a round of growth financing to fuel its growing global presence and accelerate product development. The transaction was led by Cultivation Capital with participation from Hamilton Lane, Holekamp Ventures, Holton Capital Group, Rick Kushel (former CEO of iLevel Solutions), and Joe Maxwell (former CEO of Shareholder Insite).

Effective immediately, Rick Kushel will become CEO of DealCloud, further strengthening the current leadership team of Ben Harrison and Rob Cummings, both Co-Founders of the Company. Mr. Kushel has over 10 years of experience leading and serving in senior roles at software-focused companies in the private markets space.

'I look forward to joining DealCloud and working with our strategic investors as the company enters the next phase of innovation and growth,' said Mr. Kushel. 'This investment comes at the right time in DealCloud's growth and will help push forward our long-term strategy and enable us to better serve our customers, employees and the industry.'

'We've built tremendous value in DealCloud's highly configurable, transaction-centric functionality. We look forward to working with Rick and our new investors to continue supporting the deal management needs of investment professionals across the private capital markets,' said Ben Harrison, DealCloud President and Co-Founder.

'We are excited to partner alongside Cultivation Capital and the investor group to fuel the next stage of growth for DealCloud,' said Erik Hirsch, Chief Investment Officer of Hamilton Lane. 'DealCloud serves an industry of professionals that are seeking an innovative approach to sourcing, business development and deal management. We are confident that the company's leadership and SaaS model positions it well to continue to innovate and grow its client base.'

About DealCloud, Inc.
DealCloud is a pioneer in M&A Software. The Company was formed in 2010 by a team of former deal professionals with deep knowledge of the private capital markets. DealCloud has quickly emerged as a global leader in providing deal management, workflow, and technology solutions to all participants in the private capital markets, including private equity and growth capital firms, sell-side banks, publicly traded companies, and debt capital investors. DealCloud is well known for its customer service, takes great pride in the delivery of its configurable SaaS platform, and values the strength of its relationships with clients. The DealCloud team understands the pace of deal execution and is committed to working at the same cadence as its clients to deliver fast and accurate outcomes. For more information, please visit www.dealcloud.com.

About Cultivation Capital
Cultivation Capital is a St. Louis-based Venture Capital firm investing in high potential technology companies with an investment emphasis on fintech. Cultivation Capital is managed by a team of experienced entrepreneurs, and has invested in over 40 companies that have exceeded $400 million in follow-on capital raised. For more information, please visit www.cultivationcapital.com.

About Hamilton Lane
Hamilton Lane is an independent alternative investment management firm providing innovative private markets solutions to sophisticated investors around the world. The firm has been dedicated to private markets investing for more than two decades and currently has 250 employees operating in offices throughout the U.S., Europe, Asia, Latin America and the Middle East. With more than $239 billion in total assets under management and supervision, Hamilton Lane offers a full range of investment products and services that enable clients to participate in the private markets asset class on a global and customized basis. For more information, please visit www.hamiltonlane.com.