This is Spectrum’s sixth year on the Founder Friendly Investors list

Boston, San Francisco, and London, October 30, 2025 – Inc., the leading media brand and playbook for the entrepreneurs and business leaders shaping our future, today announced its seventh annual Founder-Friendly Investors list, honoring the private equity, venture capital firms, and lenders with a track record of backing founder-led companies. This year’s list recognizes Spectrum Equity among 258 firms and lenders that help founder-led companies grow.

“No two investment firms are exactly alike, which is why we created Inc.’s Founder-Friendly Investors list,” said Inc. in a statement. “These are the private equity, venture capital, and debt specialists that know founders need more than just capital to grow. If you’re looking for a partner to help take your company to the next level, this is a great place to start.”

To compile the list, the Inc. team gathers data on how portfolio companies grew while partnered with the PE, VC, or debt firm, and interview founders on how these partners helped them grow during investment holding periods. On that basis, the magazine produces a proprietary score that determines the PE, VC, and debt firms whose missions most significantly support the men and women behind these portfolio companies.

To see the complete list, go to: https://www.inc.com/founder-friendly-investors/2025

About Inc.

Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.'s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, digital, print, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.

About Spectrum Equity

Spectrum Equity is a leading growth equity firm providing capital and strategic support to innovative companies in the information economy. For over 30 years, the firm has partnered with exceptional 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, Lucid Software, Origami Risk, Ethoca, SurveyMonkey and Verafin. For more information, including a complete list of portfolio investments, visit our Portfolio page.

Spectrum Equity submitted the nomination and paid a fee to be considered for the Inc Founder-Friendly Investor award.