Headlines from the Spectrum ecosystem

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Portfolio News

AllTrails and Ancestry Named to Inc.'s Best In Business 2024 List

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Jeff Haywood and Steve LeSieur Talk Healthcare on RJ Lumba’s Podcast

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Portfolio News

Lighthouse Announces $370 Million Series C Investment

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Empyrean Solutions Secures Significant Investment from Hg

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Spectrum Equity Completes Sale of Visual Lease

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Spectrum Equity Named to Inc.’s 2024 List of Founder-Friendly Investors

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CoStar Group to Acquire Visual Lease, a Leading Lease Administration and Accounting Platform

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Origami Risk recognized in the 2024 Gartner® Magic Quadrant™ for SaaS P&C core platforms, North America

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Leeds Equity Acquires OffSec

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Spectrum News

Spectrum Equity’s Mike Farrell Named Top Software Investor of 2024 by GrowthCap

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Announcing the Sale of Expert Institute

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OurFamilyWizard Launches New Parent Company, In Tandem

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DispatchTrack’s Shailu Satish Named Recipient of 2024 Women in Supply Chain Award

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Spectrum Equity Announces Sale of Datassential

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Datassential Releases 2024 Midyear Food and Beverage Trends Report

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Lighthouse Appoints Laura McDonough as Senior Vice President of Business Operations

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CINC Systems Bolsters Leadership Amid Record-Breaking Growth

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Lighthouse Launches AI-based Intelligent Channel Management with Pricing, Promotion, and Distribution Capabilities for Independent Hotels

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Headspace Announces Appointment of Tom Pickett as Chief Executive Officer

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Varicent Secures Strategic Investment from Warburg Pincus, Great Hill Partners and Spectrum Equity

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Benchmark Acquires Rho Motion

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Bitly Announces Leadership Team Expansion Fueling Innovation And Business Growth

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Spectrum News

Spectrum VPs Recognized as Top Women Leaders in Growth Investing by GrowthCap

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SavvyMoney Ranks Among Highest-Scoring Businesses on Inc.'s Annual List of Best Workplaces for 2024

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Datassential Promotes Megan Lynberg to Senior Vice President of Sales, North America

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Spectrum News

Spectrum Named #3 Performer on HEC Paris-DowJones 2024 List

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External Coverage

Benchmark receives award from King Charles III on PM’s recommendation

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Origami Risk Launches Package of Generative AI Solutions for Risk Managers

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Spectrum News

Spectrum Equity’s Steve LeSieur and Jeff Haywood Named 2024 Top GrowthCap Healthcare Investors

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Spectrum Equity Named a Top Growth Equity Firm of 2023

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External Coverage

Blackstone Completes Acquisition of Rover

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Lighthouse Expands Into Distribution With Acquisition of Stardekk

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External Coverage

The Daily Beast: How a Co-Parenting App Saved My Divorce

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Headspace Begins Rolling Out All-in-One Mental Health Offering Following 2021 Ginger Merger

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VBA Welcomes Joe Richlen as Chief Revenue Officer

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Zenwork’s Tax1099.com Sets Industry Benchmark with Launch of AI Tax Assist

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Spectrum News

Spectrum Opens London Office

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Portfolio News

Spectrum Continues Partnership with CINC; Hg Joins as Strategic Investor

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Datassential Supercharges Its Gold Standard LTO and New Item Tracking Solution

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Empyrean Solutions Announces the Release of Empyrean Profitability™ for Financial Institutions

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AllTrails Named Apple’s 2023 iPhone App of the Year

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Established Executive and Milwaukee Business Leader Jim Emling Joins VBA as Executive Chair of the Board of Directors

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Portfolio News

Benchmark Mineral Intelligence to Take on First Investment from Spectrum Equity

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Spectrum News

Julia Kuo Chen Named to WSJ Pro Private Equity’s 2023 Women to Watch List

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Spectrum News

Spectrum Equity Named to Inc.’s 2023 List of Founder-Friendly Investors for the Fourth Consecutive Year

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Portfolio News

Datassential Promotes Dana Konwiser to President and COO

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Spectrum News

Spectrum Equity’s Ben Spero Named No. 1 Top Software Investor of 2023 by GrowthCap

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Portfolio News

DispatchTrack CEO on Three Supply Chain Strategies for The Housing Industry

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External Coverage

Bloomberg: Prezi CEO Is Betting Remote Meetings Will Be Better Than In-Person

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DispatchTrack’s Co-Founder and COO Shailu Satish Named Top Women in Supply Chain

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The Knot Worldwide CEO Tim Chi Named a Top Media Executive by C-Suite Spotlight

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Netcraft Acquires FraudWatch

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Presence Acquires RemoteHQ Software to Drive Innovation and Best-in-Class Remote Therapy Experience

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Redbrick Acquires Animoto, Cloud-based Video Creation Platform

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LISTEN: Carolina Alvarez Picazo Featured on OneHaas Podcast

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VBA Secures Growth Funding with $156 Million led by Spectrum Equity

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External Coverage

Axios 1 Big Thing: Spectrum Equity Shines $156M on VBA

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Modern Healthcare: Spectrum Equity Invests $156M in Benefits Tech Company VBA

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Spectrum News

Spectrum Equity’s Emily Calkins Named to GrowthCap’s Top Women Leaders in Growth Investing

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External Coverage

TechCrunch: Cybersecurity Firm Netcraft Lands $100M Investment

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Portfolio News

Netcraft Secures First Funding with Over $100M from Spectrum Equity; Names Experienced Technology Executive Ryan Woodley as New CEO

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External Coverage

WSJ: Netcraft Raises $100 Million From Spectrum Equity

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Portfolio News

Bitly Releases Mid-Year Report Revealing a Transformational Shift in Global QR Code Usage and Adoption

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Datassential Unveils Unrivaled AI-Powered Competitive Menu Pricing Solution for Food and Beverage Companies

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CVS Caremark and GoodRx to Launch Caremark® Cost Saver™ to Help Lower Out-of-Pocket Drug Costs for CVS Caremark Clients’ Members

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LISTEN: AllTrails CEO on NPR’s Here and Now Podcast

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B-Stock Announces Series Of Key Partnerships

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Bitly Strengthens Its Leadership Team with Appointment of Peter Krivkovich as New Chief Financial Officer and Adds Nick Caldwell to Board of Directors

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Definitive Healthcare Expands the Atlas Dataset

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The Knot Worldwide Welcomes Marketing and Consumer Technology Leader Carolyn Everson to its Board of Directors

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External Coverage

VentureBeat: Otter AI Chat Brings New Collaboration and Insight to Real-Time Voice Transcription

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Lighthouse Announces Benchmark Insight, Launching a New Era of Performance Benchmarking for Hotel Revenue Managers

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CINC Systems Announces the Launch of TresRE

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Headspace Receives 2023 Apple Design Award

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Spectrum News

Spectrum Equity Ranks as #3 Top Growth Equity Performer

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Spectrum Equity’s Jeff Haywood and Steve LeSieur Recognized as Top 25 Healthcare Investors of 2023

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External Coverage

Forbes: How The Chief Product Officer Of Goldbelly Is Shaping The Future Of Food E-Commerce

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Datassential Appoints Tim Chilson as Chief Sales Officer

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Spectrum News

Spectrum Equity’s Julia Kuo Chen Recognized as a 40 Under 40: Future Leader of Private Equity by Private Equity International

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CINC Systems Announces Partnership with SmartProperty’s Living Reserve Study™

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GoodRx Expands Executive Team With New Interim CEO

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Spectrum News

Dan Kimball Joins Spectrum Equity as Firm’s First Chief Marketing Officer

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PYMNTS: Aggregators Boost Merchant Acquisition and Retention With Payments Orchestration

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Bitly Unveils “Imagine the PossiBITLYties” Advertising Campaign To Showcase The Impact Of Its One-Of-A-Kind Connections Platform

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Datassential Combines Menu, Consumer Data To Offer Customers All-In-One Food & Beverage Intelligence Solution

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Spectrum-Backed Ease Combines with Employee Navigator

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The Knot WorldWide Celebrated for Culture with Three Comparably Awards

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Datassential Names New Chief Technology Officer

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IXL Learning Acquires Teachers Pay Teachers, the World’s Largest Platform for Educator-Created Content

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Andréa Mallard, Chief Marketing and Communications Officer at Pinterest, Joins Kajabi Board

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Otter.ai Surpasses 1 Billion Meetings Transcribed and Launches OtterPilot™

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BPP Education Group announces the acquisition of Digital Marketing Institute

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DispatchTrack Expands Board of Directors and Leadership Team as Company Momentum Accelerates

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Otter.ai Appoints New Chief Growth Officer as Viral Growth Triples

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External Coverage

Silicon Republic: How Work Meetings are Set to Change in 2023

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Presence CEO Kate Eberle Walker Named an ASU+GSV 2023 Power of Women Award Winner

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Financial Risk Solution Provider Quantile is Acquired by London Stock Exchange Group plc

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Bitly Wraps 2022 Surpassing $100M in ARR and 500,000+ Global Customers

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External Coverage

Spectrum Equity Portfolio Companies Kajabi, Presence and Teachers Pay Teachers Named to 2023 GSV 150 List

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DispatchTrack Introduces Track & Trace to Capture, Compile and Archive Every Detail of Every Delivery from Dispatch to Destination

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Spectrum News

Spectrum Equity Announces 2023 Promotions

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Spectrum Equity’s John Connolly and Parag Khandelwal Named to GrowthCap’s 2022 Top 40 Under 40 Growth Investors List

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External Coverage

Sportico: Spectrum Equity, Bucks’ Lasry Back Sponsorship Market Platform

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External Coverage

TechCrunch: SponsorUnited Secures $35M Investment to Build Out its Database of Brand Sponsorships

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Portfolio News

With Demand for Sponsorship Data Surging Worldwide, SponsorUnited Secures $35 Million from Spectrum Equity

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External Coverage

LISTEN: Ben Spero Featured on Growth Investor with GrowthCap‘s RJ Lumba Podcast

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External Coverage

Spectrum Equity Named to Inc.'s Top Founder-Friendly Investors List for Third Consecutive Year

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Spectrum Equity’s Ben Spero Named a GrowthCap Top 25 Software Investor of 2022

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Portfolio News

Zelis Completes Acquisition of Payer Compass

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Gamut Capital Management to Acquire Extreme Reach

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Portfolio News

Zelis to Acquire Healthcare Cost Control Innovator Payer Compass

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External Coverage

WSJ: Spectrum Equity Defies Fundraising Slowdown to Amass a $2.2 Billion Pool

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Spectrum News

Spectrum Equity Closes Fund X at $2 Billion

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Portfolio News

Jim Emling Named CEO of Datassential

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Membersy Announces Michael Shuman as New Chief Executive Officer

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GoodRx and RxVantage Announce Strategic Relationship

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Lucid Software Announces Dave Grow as New CEO

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B-Stock Announces Appointment of New Chief Executive Officer

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Customer.io Surpasses $30M ARR and Raises Financing from Spectrum Equity

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Customer.io Announces Investment from Spectrum Equity

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RapidRatings Announces $200 Million Growth Investment Led by Spectrum Equity

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SavvyMoney Announces $45 Million Growth Investment Led by Spectrum Equity

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RxVantage Announces Investment from Spectrum Equity

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Spectrum News

Spectrum Equity’s John Connolly and Parag Khandelwal Named to GrowthCap’s 2021 Top 40 Under 40 Growth Investors List

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Presence Propels Next Phase of Growth with Majority Investment from Spectrum Equity and TPG’s Rise Fund

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Zenwork Takes on First Funding with $163 Million Led by Spectrum Equity

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External Coverage

Skift: OTA Insight Nabs $80 Million in Funding From Spectrum Equity

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Lighthouse Raises $80M from Spectrum Equity to Bring Data-Driven Decisions to Hospitality Industry

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AllTrails: Connecting More People with the Outdoors

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External Coverage

Spectrum Equity Named to Inc.'s Top Founder-Friendly Investors List for Second Consecutive Year

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Tenstreet Announces Majority Growth Investment From Providence Equity Partners

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Membersy Raises $66 Million & Announces Board Member Additions

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Definitive Healthcare Announces Pricing of Initial Public Offering

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Shutterstock Acquires PicMonkey, a Leading Creative Design Platform

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Ginger and Headspace Will Merge to Meet Escalating Global Demand for Mental Health Support

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Definitive Healthcare Announces Public Filing of Registration Statement for Proposed Initial Public Offering

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Spectrum Exits Verisys to Stone Point Capital

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After Record Year, Lucid Receives $500M+ Secondary Investment at $3 Billion Valuation

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Portfolio News

Payer Compass Appoints Doug Williams to its Board of Directors

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Spectrum News

Spectrum Equity’s Jeff Haywood and Steve LeSieur Named to GrowthCap’s 2021 Top 25 Healthcare Investors List

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Spectrum Equity Leads $100 Million Investment in Goldbelly

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Portfolio News

Kajabi Raises $550 Million Growth Financing

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Empyrean Solutions Raises $74 Million Growth Financing Led by Spectrum Equity

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Ease Receives Growth Investment from Spectrum Equity

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Spectrum Equity-Backed PWNHealth is Acquired by Everlywell to Form Everly Health

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Otter.ai Raises $50M Growth Investment Led by Spectrum Equity

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Spectrum Equity is Recognized As a Top 25 Growth Equity Firm by GrowthCap

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AllTrails Celebrates 1 Million Paid Subscribers

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Spectrum Equity Invests in Quantile

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External Coverage

Ben Spero Featured in PE Hub’s Lessons Learned from the Pandemic for Growth-Tech Investing

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Spectrum Equity Announces 2021 Promotions

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External Coverage

Spectrum’s Brian Regan Appointed to the Financial Accounting Standards Advisory Council

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Spectrum Equity’s John Connolly and Parag Khandelwal Named to GrowthCap’s 2020 Top 40 Under 40 Growth Investors List

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Portfolio News

Nasdaq to Acquire Verafin for $2.75 Billion, Creating a Global Leader in the Fight Against Financial Crime

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External Coverage

Spectrum Equity Named to Inc’s Top 50 Best Private Equity Firms for Entrepreneurs and Founders List

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Spectrum Equity Announces the Sale of ExamSoft to Turnitin

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GoodRx Announces Launch of Initial Public Offering

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Spectrum Equity Invests in PWNHealth

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External Coverage

CNBC: GoodRx Files to Go Public with a Rare Characteristic — Profits

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External Coverage

Blackstone to Acquire Ancestry, Leading Online Family History Business, for $4.7 Billion

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External Coverage

Headspace Secures Additional Funding

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Portfolio News

CINC Systems Receives Growth Investment from Spectrum Equity and Announces New Senior Executives

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Spectrum Equity Announces 2020 Promotions

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Spectrum Equity Closes Fund IX at $1.5 Billion

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DispatchTrack Takes on First Funding with $144 Million Led by Spectrum Equity

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Portfolio News

Spectrum Equity Invests in OurFamilyWizard

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Portfolio News

Lucid Announces $52 Million Round of Funding

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Headspace Announces Fundraising Round, Raising $93 Million to Accelerate Evolution to Global Health and Happiness Platform

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Spectrum Equity Leads $58 Million Growth Investment in Scribd

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Spectrum Equity Invests $75 Million in Spreedly

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Kajabi Receives Minority Growth Investment from Spectrum Equity

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Origami Risk Establishes Operating Divisions to Address Emerging Business Opportunities; Names Earne Bentley, Christopher Bennett as Division Heads

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Portfolio News

Verafin Completes C$515 Million Equity and Debt Recapitalization; Continues Partnership with Spectrum Equity and Information Venture Partners

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Portfolio News

Datassential Receives Growth Investment from Spectrum Equity

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Portfolio News

Visual Lease Receives Growth Investment from Spectrum Equity

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Payer Compass Announces Appointments of Chief Financial Officer and Chief Revenue Officer

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Spectrum Equity Continues Partnership with Definitive Healthcare Post Advent Investment

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Spectrum Equity Announces Sale of Ethoca to Mastercard

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Portfolio News

The Knot and WeddingWire Announce New Combined Company—The Knot Worldwide—the Global Leader in the Wedding Industry

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External Coverage

Mastercard Acquires Ethoca to Reduce Digital Commerce Fraud

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Spectrum Equity Announces Team Promotions

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Modernizing Medicine Works with GoodRx to Improve Price Transparency and Medication Affordability for Patients

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Spectrum Equity Invests in Linxup, formerly known as Agilis Systems

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Spectrum Equity Leads Majority Recapitalization of Payer Compass

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DataCamp Receives Growth Investment from Spectrum Equity

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2018 Record Breaking Year for DMI

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Spectrum News

Spectrum Equity’s John Connolly and Jeff Haywood Named to GrowthCap Top 40 Under 40 Growth Investors List

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EDR Acquired ExactBid

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Spectrum Equity Leads New Investment and Majority Recapitalization of AllTrails

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SurveyMonkey Announces Pricing of Initial Public Offering

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OffSec Receives Growth Investment from Spectrum Equity

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Teachers Pay Teachers Names Joe Holland as CEO; Adam Freed to Become Executive Chair

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Spectrum Equity Continues Partnership with GoodRx Post Silver Lake Investment

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B-Stock Receives Growth Investment from Spectrum Equity

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Spectrum Equity Continues Partnership with WeddingWire Post Permira Investment

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Ancestry Names Margo Georgiadis as Chief Executive Officer

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Origami Risk Receives Growth Investment from Spectrum Equity

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The Expert Institute Receives Investment from Spectrum Equity

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Spectrum Announces Sale of Net Health

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Spectrum Announces Sale of Trintech

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Coley Florance Joins Spectrum Equity as Head of Talent

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Spectrum Equity’s John Connolly Named to GrowthCap Top 40 Under 40 Growth Investors List

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Spectrum Equity Announces Promotions

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Spectrum Equity Closes Fund VIII at $1.25 Billion

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The Digital Marketing Institute Receives Investment from Spectrum Equity

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Spectrum Equity Announces Sale of RainKing

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External Coverage

TechCrunch: Bitly sells a majority stake to Spectrum Equity for $63M

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Bitly Receives Investment from Spectrum Equity

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Verisys Receives Investment from Spectrum Equity

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Tenstreet Receives Investment from Spectrum Equity

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HealthMEDX Acquired by Netsmart

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Lucid Software Receives Investment from Spectrum Equity

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Spectrum Equity Announces Sale of Finalsite

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RCN to be Acquired by Financial Sponsors for $1.6 Billion

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Spectrum-Backed MedHOK to be Acquired by Hearst

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Bats Announces Initial Public Offering

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Spectrum Continues to Support Ancestry as Part of New Equity Investment

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Trintech Announces New CEO

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SurveyMonkey Announces New CEO, Zander Lurie

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External Coverage

Litmus Blog: Litmus Partners with Spectrum Equity

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Litmus Receives Investment from Spectrum Equity

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Brian Regan Joins Spectrum Equity as Managing Director and Chief Financial Officer

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RainKing Receives Investment from Spectrum Equity and Announces New CEO

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Francisco Partners and Spectrum Equity Make Growth Investment in GoodRx

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Spectrum Makes New Investment in Portfolio Company Trintech Alongside Vista Equity Partners

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PicMonkey Receives Investment from Spectrum Equity

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Spectrum Equity Exits EagleView

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Ethoca Receives Investment from Spectrum Equity

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SurveyMonkey Announces New CEO

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Spectrum Equity’s Mike Farrell Named in GrowthCap’s Top 40 Under 40 Growth Investors

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Spectrum-backed Lynda.com Acquired by LinkedIn

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Assessment Leader ExamSoft Names New Chief Executive Officer

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Definitive Healthcare Receives Investment from Spectrum Equity

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ExactBid Receives Investment from Spectrum Equity

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SurveyMonkey Announces $250M Equity Recapitalization

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Prezi Receives Investment from Spectrum Equity

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Spectrum Equity Closes Fund VII at $1 Billion

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iSelect Successfully Completes Initial Public Offering

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Teachers Pay Teachers Receives Investment from Spectrum Equity

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Verafin Receives Investment from Spectrum Equity

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ExamSoft Receives Investment from Spectrum Equity

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Grubhub IPO on NYSE

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Fitch Group Acquires Business Monitor International

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MedHOK Receives Investment from Spectrum Equity

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Spectrum Equity’s Pete Jensen and Mike Farrell named in GrowthCap’s Top 40 Under 40 Growth Investors

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Spectrum Equity Acquires Stake in Bats Global Markets

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Extreme Reach Receives Investment from Spectrum Equity

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Lynda.com Fuels Growth and Innovation with Investment from Spectrum Equity

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SurveyMonkey Raises $800 Million in Debt and Equity Recapitalization

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Ancestry.com to be Acquired by Permira Funds for $32.00 Per Share in Cash

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WeddingWire Receives Investment from Spectrum Equity

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Finalsite Receives Investment from Spectrum Equity

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Net Health Systems Receives Investment by Spectrum Equity

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HealthMEDX Receives Investment from Spectrum Equity

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Lockheed Martin Acquires QTC

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Animoto Receives Investment from Spectrum Equity

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Spectrum Equity Acquires Stake in SeamlessWeb

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Thomson Reuters Acquires World-Check

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Pictometry Receives Investment from Spectrum Equity

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iSelect Receives Investment from Spectrum Equity

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Davis + Henderson Agrees to Acquire Mortgagebot for $232 Million

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Jagex Limited Receives Investment from Spectrum Equity

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Demand Media Closes its Initial Public Offering on NYSE

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Trintech Is Taken Private by Spectrum Equity

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Google to Acquire ITA Software

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Jack Henry & Associates to Acquire iPay Technologies

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