2022
As we reflect on 2022, we are proud of the resilience and commitment shown by the leaders and teams of our portfolio companies. Despite the macroeconomic volatility of the last year, we are encouraged by the healthy growth of our companies, seven new investments, four realizations, and evermore progress across our portfolio growth initiatives. We are deeply grateful for the continued support of our limited partners and the closing of our tenth fund ($2 billion) and third Overage Program ($200 million). Our 2022 year in review recognizes these achievements and many more – all made possible by our entire team and the founders, executives, and board members across our extended Spectrum Equity family.
- Investments
- Realizations
- Portfolio Growth
- Recognitions & Perspectives
- Team
- Our Strategy
7 New Investments

Automated messaging platform that helps marketers craft and send data-driven emails, push notifications, and SMS messagesWhy We Invested

RapidRatings analyzes the financial health of public and private companies to help manage supply chain and third-party riskWhy We Invested

SponsorUnited provides a robust, proprietary vertical data asset and analytics platform for the sports media and sponsorship ecosystemWhy We Invested

WIN Reality is a virtual reality sports training platform that provides baseball and softball training to consumers, NCAA programs, and MLBWhy We Invested
Unannounced
Cloud-based accounts payable and purchase-to-pay automation softwareUnannounced
Cyber security and fraud prevention
Additional Investment
Freemium web-based flowcharting, diagramming and design applications
New Founders and CEOs to the
Spectrum Family
Spectrum Family
4 Realizations

Realizations
Fund X - $2 Billion
We are deeply grateful for the continued support of our investors.
Portfolio Growth
M&A
7 of our companies expanded through 10 mergers & acquisitions of complementary products, exceptional talent, and presence in new geographies.

Recruiting
We work hard to help our companies attract exceptional talent and we strive to continue our relationships with proven executives beyond their successful exits.
60+
Closed searches across
27 companies 12K+
Total employees across the portfolio3.4x
Company head count growth since Spectrum’s investmentRECRUITING
Recognitions
Portfolio Recognition
Featured Spectrum Perspectives
GrowthCap Podcast Featuring Ben Spero on Growth Equity InvestingListen for MoreCEOs Across Spectrum’s Portfolio Gather for Annual Summit in Sausalito, CARead MorePE Hub: Featuring Jeff Haywood and Steve LeSieur on Digital Healthcare TrendsRead MoreCelebrating Verafin: Defying ExpectationsRead MoreFinance, Legal & Talent Leadership SummitRead MoreSales SummitRead More
Team
Team
We were thrilled to welcome several new additions and extend congratulations on well-deserved promotions.
Promotion
Parag Khandelwalto Managing DirectorPromotion
Philip Rasanskyto Senior AssociatePromotion
Felix Schliemannto AssociatePromotion
Katherine Xiaoto AssociatePromotion
Mabel Leeto Talent ManagerPromotion
Emily Maxwellto Legal & Compliance ManagerAnnaliesa RouthVice President
Charlie ShartonAnalyst
Georgina DavisAnalyst
Ohad YahalomAnalyst
Anna NickersonAnalyst
Andrew RozanovAnalyst
George PikeAnalyst
Kevin WuAnalyst
Mark BellisAssistant General Council
Gatien ArnoutsController
Lina WidjajaTax Manager
Jason LinTax Manager
Echo QinFinance Manager
Caroline SchmidtVP, Portfolio Talent
Chanel AndreSenior Recruiting Manager
Jane ConleyAdministration
Clarivel BarajasAdministration
Community Impact
We are committed to strengthening our community through dialogue, advocacy, volunteerism and financial resources.




Our Strategy
28+ years of a focused, consistent growth equity strategy supporting innovative companies in the information economy
Sector Focus
- Internet-enabled software and data services in target vertical markets
Company Characteristics
- Rapid growth, emerging category leaders
- Proven value proposition and high customer advocacy
- Scalable operating leverage
Business Model Focus
- Enduring customer relationships and resilient revenue models
Transaction Structuring
- Flexible approach to structure, governance and ownership
- Primary and secondary capital
- Minority recapitalizations and change of control
Investment Size
- $25 - $200 million, additional capacity for follow-ons
Organizational Resources
- Tenured, cohesive team with deep domain expertise
- Senior resources focused on talent, legal, technology, finance and business operations
- Growing network of world-class executives