Headquartered in Austin, Texas, Periscope Holdings was the leading provider of public sector procurement technology solutions in the United States. Driven by a purpose to eradicate waste and maximize the value of every dollar spent, Periscope transformed state and local procurement. Prior to joining AV Capital, Brian Utley founded Periscope solely with capital from friends and family. He served as CEO for over a decade, leading the company to Private Equity ownership, an acquisition of complementary software company BidSync, and eventual sale to MDF Commerce in 2021 for 7X revenue providing exceptional return for investors.