Thoma Bravo has spent two decades turning enterprise software into private equity's most repeatable playbook - roughly $180 billion in assets, more than 580 companies acquired, and a cybersecurity portfolio most governments would envy.
Levocred AI is an AI-native operating system for structured credit teams. It ingests a fund's loan tape, credit agreements, servicer reports, and bank feeds, then automates the recurring analytical work that follows - borrowing base reports, real-time covenant monitoring, credit analysis and investment committee memos, lender packages, collections, and cash reconciliation. Founded in 2025 and backed by Y Combinator (S26), the company monitors more than $500M in capital across 10+ facilities in production.