Growth equity is a large investment into a company that is already growing and often profitable, to accelerate expansion without the company taking on much debt. It sits between venture capital and private equity.
Where in the journey
Proven, scaling, often profitable.
What the money is for
Fund rapid expansion, new products, or acquisitions with minority capital.
Common investors
Growth-equity firms, late-stage funds.
Watch out for
Expectations of continued strong growth; some loss of control via board/terms.