2020 challenged all of us across many fronts. As we reflect on the year, we are full of pride and admiration for the resilience and strength shown by our portfolio companies, our limited partners and everyone at Spectrum. Notwithstanding the backdrop, it was a very productive year for the firm including the largest public offering and the largest strategic sale in the firm’s history, with the IPO at GoodRx and the announced and pending acquisition of Verafin by Nasdaq, in addition to the close of Fund IX ($1.5 billion) and the Overage Program ($150 million). Our 2020 year in review recognizes these achievements and many more. Thank you for your support, and we look forward to new opportunities and continued growth in 2021.
Investments
Exits & IPO
Portfolio Value Creation
We partner with entrepreneurs and management teams to support their growth journey and sustained category leadership.
Mergers & Acquisitions
Acquired by
Definitive Healthcare
Acquired by
Definitive Healthcare
Acquired by
GoodRx
Acquired by
Scribd
Acquired by
Tenstreet
Acquired by
The Knot Worldwide
Acquired by
Varicent
Acquired by
Varicent
Human Capital
Recognitions & Perspectives
Portfolio Awards
Four Spectrum Portfolio Companies Named to 2020 Inc 5000 List
Learn more- Agilis Systems
- Definitive Healthcare
- Kajabi
- Visual Lease
Three Spectrum Portfolio Companies Named to Deloitte Technology Fast 500
Learn more- DataCamp
- Definitive Healthcare
- Visual Lease
Best Place to Work & Other Industry Awards
Leadership AwardsEY Entrepreneur of the Year Award, New England
Definitive HealthcareComparably Best CEO
Top 100 Women in Cybersecurity
Offensive Security2020 Global Top 100 Innovators in Data & Analytics
Bitly
EY Entrepreneur of the Year Award, New England
Definitive HealthcareComparably Best CEO
Top 100 Women in Cybersecurity
Offensive Security2020 Global Top 100 Innovators in Data & Analytics
BitlyOrganization Updates
Additions
Sanjay Tiwary
Chief Technology Officer
Lauren Shimbo
Vice President
Annaliesa Routh
Vice President
Promotions
Julia Kuo Chen
Principal
Adam Gassin
Principal
Matt Neidlinger
Principal
Michael Radonich
Principal
Jamie Mitchell
Vice President
Kevan Olander
Vice President
Sam Todd
Vice President
Angus Wilson
Senior Associate
Our Strategy
We are growth equity investors providing capital and strategic support to innovative companies in the information economy.
Sector Focus
Internet-enabled Software and Information Services
Business Model Focus
Recurring Revenue, Subscription, Transactional
Investment Size
$25 - $150 million, additional capacity for follow-ons
Company Characteristics
Fast growing, category leadership Proven business model with established product and customer base Typically founder owned with little to no prior institutional capital
Transaction Structuring
Flexible approach to structure, governance and ownership Primary and secondary capital Minority recap and change of control
Organizational Resources
Tenured, cohesive team with deep domain expertise Senior resources focused on talent, legal, technology and tax Network of world-class executives
Content contained in this year in review is not intended to and does not constitute investment advice. Your use of the information in this year in review 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.
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