Mike Farrell

Managing Director | Boston | Spectrum Equity

Joined Spectrum: 2009
Sector Focus: Software - Artificial Intelligence - Data
Education: Harvard Business School, MBA - Bowdoin College, BA
Prior Firms: Tudor Investment Corporation

Mike is a Managing Director at Spectrum, where he helps to lead software, artificial intelligence, and data investing.

ABOUT MIKE

Mike Farrell has invested at Spectrum Equity since 2009, focused on software, artificial intelligence, and data businesses. He joined the firm as a Senior Associate and has helped shape its investment strategy across several funds.

Mike’s approach to investing centers on partnership, communication, and trust. Over the course of his career, Mike has led investments in and served on the boards of companies including BATS Global Markets, CINC Systems, CyberCube, EagleView, Origami Risk, and RapidRatings.

Read more: Mike Farrell on Trust, Patience, and the Long Game of Backing Founders

PORTFOLIO

Mike’s exits include strategic and sponsor sales of BATS Global Markets (acquired by CBOE), Quantile (London Stock Exchange), EagleView (Vista Equity), RainKing (ZoomInfo/DiscoverOrg), Expert Institute (Levine Leichtman), and Datassential.

He currently sits on the boards of CINC Systems, CyberCube, Origami Risk, RapidRatings, and Litmus.

PORTFOLIO HIGHLIGHTS

  • BATS Global Markets became part of the Spectrum portfolio in 2013. An operator of exchanges for global financial markets, the company went public in 2016 and was acquired by CBOE in 2017.
  • CINC Systems joined the Spectrum portfolio in 2020, when Spectrum became the company’s first institutional investor. Today CINC is the largest solution dedicated to the community association management industry. Hg became a strategic investor in CINC in 2024.
  • CyberCube became part of the Spectrum portfolio in 2025, when Spectrum led a cornerstone investment of more than $180 million. The company delivers cyber risk analytics used across the insurance and reinsurance markets.
  • Origami Risk joined Spectrum’s portfolio in 2018. A provider of risk management and core processing software for the insurance industry, Origami has since built out its go-to-market and senior leadership teams, expanded internationally, and acquired Dais Technology. Today the company employs more than 900 people and serves over 1,000 organizations worldwide.

INVESTMENT FOCUS

Mike invests in software, artificial intelligence, and data businesses, with particular depth in financial technology, information services, and vertical software. He looks for opportunities to partner with product-driven companies led by strong management teams, investing across the data, risk, and infrastructure platforms that serve financial markets and other industries.

BACKGROUND

Before joining Spectrum in 2009, Mike worked at Tudor Investment Corporation’s private equity arm. He received his MBA from Harvard Business School and his BA, cum laude, from Bowdoin College.

Mike is involved with Minds Matter, which connects driven students with mentorship and internship opportunities. Outside of work, he spends much of his time shuttling his three kids to their sporting events and activities.

Representative Investments

props.name
BATS logo

Bats Global Markets is a leading operator of exchanges for global financial markets.

Acquired by CBOE

props.name
CINC logo

CINC Systems is the largest provider of community association accounting and management software.

props.name
CyberCube logo

CyberCube delivers the world’s leading cyber risk analytics.

props.name
Datassential logo

Datassential provides data, intelligence and market research to the foodservice industry.

Acquired by NMC and Endicott

props.name
EagleView logo

EagleView provides aerial imagery and analytics to commercial, government and infrastructure sectors worldwide.

Acquired by Vista Equity

props.name
Expert Institute logo

Expert Institute is an online platform for law firms to find and connect with expert witness candidates.

Acquired by Levine Leichtman Capital Partners

props.name
JAGEX logo

Jagex is the UK’s largest independent online game developer and publisher.

Acquired by Shanghai Hongtou

props.name
JIMDO Logo

Jimdo is the leading provider of cloud-based website creation software in Europe.

Acquired by sponsor

props.name
Litmus logo

Litmus is the leading provider of email preview testing and analytics, and thought leader in email design.

props.name
Origami Risk Logo

Origami Risk provides risk management and core processing software for the insurance industry.

props.name
Quantile logo

Quantile provides portfolio risk optimization software for the global financial market.

Acquired by London Stock Exchange

props.name
RainKing logo

RainKing provides sales intelligence information on technology, marketing and finance decision makers.

Acquired by Zoominfo/DiscoverOrg

props.name
RapidRatings logo

RapidRatings analyzes the financial health of companies to help manage supply chain and 3rd-party risk.