2022 Mid-Year Update

Mid Year Update

After a sustained period of expansion in the capital markets and broader economic growth, the macro environment changed precipitously in the first half of 2022. In the midst of this macro uncertainty, we remain focused on executing our consistent growth equity strategy as we have done in prior cycles. We are as busy as ever developing relationships with high-quality investment prospects, and we continue to commit significant resources to the portfolio company-building initiatives that underlie our approach to long-term value creation.

We closed Fund X and the third overage program at $2 billion and $200 million, respectively. We are deeply thankful for the support and partnership of our investors and are privileged to work with an outstanding group of colleagues, entrepreneurs and companies.

Below is a summary of our activity from the first half of the year.

Recruiting Highlights

About Us

Spectrum Equity is a leading growth equity firm providing capital and strategic support to innovative companies in the information economy. For over 28 years, the firm has partnered with proven entrepreneurs and management teams to build long-term value in market-leading Internet-enabled software and data services companies. Representative investments include Ancestry, Definitive Healthcare, GoodRx, Grubhub, Lucid Software,, Origami Risk, SurveyMonkey and Verafin. For more information, visit

Content contained in this blog post is not intended to and does not constitute investment advice. Your use of the information in this blog post and materials linked is at your own risk. Spectrum Equity does not make any guarantee or other promise as to any results that may be obtained from using this content. No one should make any investment decision without first consulting his or her own financial advisor and conducting his or her own research and due diligence. Past performance is not indicative of future results, and there is a possibility of loss in connection with an investment in any Spectrum Fund. To the maximum extent permitted by law, Spectrum Equity disclaims any and all liability in the event any information, commentary, analysis, and/or opinions prove to be inaccurate, incomplete or unreliable, or result in any investment or other losses. The specific companies identified above does not represent all of Spectrum’s investments, and no assumptions should be made that any investments identified were or will be profitable. View the complete list of our portfolio companies.