Eterna is an investment firm built on the belief that enduring value comes from enduring partnership.
Read Press Release →How We Invest
Hyper Focused, Not Hype Driven
Focused technology subsector specialization enables us to have a nuanced understanding of markets, competitive dynamics, and levers for growth.
Sustainable Business-Building
We strive to build companies that last, by seeking to drive sustainable growth through tailored value creation that is grounded in fundamental design principles, and not in standardized playbooks.
“True Potential” Platform
We believe we bring deep market understanding to invest behind businesses with great products and customer centricity, partnering with them to amplify their strengths and realize their true potential.
Culture of Support & Resilience
A team that stays together and stands with portfolio companies through challenges, prioritizing trust, collaboration, and long-term success over short-term transactional thinking.
Core Sectors

Vertical Solutions

Cloud Solutions

Cybersecurity

Financial Technology

Healthcare IT

Infrastructure Technology
Eterna Highlights
As of 1/28/26
Total Capital Committed
$2.3B
Current Portfolio Companies
19
Capital Invested Since 2019
$1.5B
Investment Professionals
23
Current Fund Size
$1.5B
Advisory Directors*
9
*See full footnote at bottom of page.
Partnership Profile
Meaningful growth levers
$50M - $400M enterprise value
Primarily control-oriented
Active Investments
As of 1/28/26

Aptean
Vertically-focused ERP software
Vertical Solutions

Blue Marble Geographics
Geospatial software for field workers
Vertical Solutions

Captura
Software for high-volume photography
Vertical Solutions

Clerri
Dental membership software
Healthcare IT

Cyberbit
Cloud-based cybersecurity training and simulation
Cybersecurity

DoIt
Cloud cost-containment and visibility
Cloud Solutions

Fortra
Cybersecurity and IT Infrastructure management
Cybersecurity

HBox
Remote patient monitoring
Healthcare IT

Healthcare Fraud Shield
FWA solutions for health insurers
Healthcare IT

Implan
Economic impact analysis software
Financial Technology

Ivanti
IT Infrastructure automation
Infrastructure Technology

Maltego
Graphical link analysis software
Cybersecurity

Media Ocean
Software for ad agencies and brands
Vertical Solutions

PakEnergy
Oil & gas accounting and operations software
Vertical Solutions

QS Cyber
Fraud and cyber threat intelligence for financial institutions
Cybersecurity

Quorom Cyber
Global MDR provider
Cybersecurity

Searchlight Cyber
Dark web intelligence
Cybersecurity

Solve
Fixed income market data and analytics
Financial Technology

Titan Cloud
Industrial IoT software
Vertical Solutions
Includes investments from Technology Opportunity Funds I-II. Any investments referenced on this page are for illustrative purposes only.
Team
Jacob Adolphe ↗
Associate
Caleb Barlow ↗
Advisory Director*
Rafael Baron ↗
Head of Business Development
Darren Battistoni ↗
Managing Director
Jonathan Bujak ↗
Vice President
Steven A. Carpenter ↗
Advisory Director*
Anumita Das ↗
Senior Vice President
David DeMartino ↗
Business Development Associate
Mayur Desai ↗
Managing Director
David Dunkin ↗
Executive Assistant
William Eisenbeis ↗
Advisory Director*
David Etue ↗
Advisory Director*
Brett Garrett ↗
Advisory Director*
Emily Hurren ↗
Associate
Bhuvan Jain ↗
Managing Director
Mary Joseph ↗
Vice President, Human Resources
Alistair Kapadia ↗
Senior Associate
Chloe Katz ↗
Analyst
Dhruva Kaul ↗
Managing Director
Caroline Langknecht ↗
Executive Assistant
Madeline Lavin ↗
Associate
Jay Lee ↗
Associate
Nihar Makineni ↗
Associate
Hiren Mankodi ↗
Managing Director
Caroline Marks ↗
Senior Vice President, Investor Relations
Matthew Mastrianni ↗
Vice President
Thomas Mayleben ↗
Associate
Kevin McMahon ↗
Advisory Director*, Head of Portfolio Talent
Brian Pierce ↗
Advisory Director*
James Porter ↗
Associate
Alan Press ↗
Advisory Director*
Richard Schweiker ↗
Vice President
Brian Seabrooks ↗
Associate
Brad Shelsy ↗
Advisory Director*
Corbin Short ↗
Associate
David Walley ↗
Analyst
Sean Welch ↗
Chief Financial Officer & Chief Compliance Officer
Flannery Zhou ↗
Senior Vice President
Michael Zirngibl ↗
Managing Director
*See full footnote at bottom of page.