perspectives

2024 Mid-Year Update

August 2024

We’re pleased to share an update on the first half of 2024. It’s been a productive year across the portfolio, including two new investments and multiple liquidity events. Operating performance has been healthy, and our management teams have been busy executing value creation initiatives, recruiting new members of their leadership teams and boards, and pursuing attractive acquisitions.

We’re also celebrating seven internal promotions, nine new hires to our investment team, and a number of industry awards.

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

About Us

Spectrum Equity is a leading growth equity firm providing capital and strategic support to innovative companies in the information economy. For 30 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, Grubhub, Lucid Software, Origami Risk, SurveyMonkey, Verafin and World-Check. For more information, including a complete list of portfolio investments, visit www.spectrumequity.com.

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.