Spectrum VP Lauren Shimbo is a Toigo Foundation Top 35 Rising Leader! This list recognizes former Toigo Scholars who are shaping the world of finance. Read Lauren's write-up and check out her impressive cohort here: https://lnkd.in/g8VnE4dT Congrats, Lauren! 👏
Spectrum Equity
Venture Capital and Private Equity Principals
Boston, MA 15,137 followers
Growth capital for Internet-enabled software and information services companies.
About us
Founded in 1994 with offices in Boston, San Francisco, and London, Spectrum Equity is a leading growth equity firm that provides capital and strategic support to innovative companies in the information economy. The firm has invested in over 170 companies and is currently investing its tenth fund and overage program with $2.3 billion in capital. Spectrum partners with exceptional entrepreneurs to build great companies. Spectrum seeks to invest in companies which have defensible and sustainable business models with strong recurring revenue, significant operating leverage, and structural competitive advantages. The firm has a flexible approach to ownership and typically invests $25 – $150 million per investment, often representing the company’s first institutional investor. Spectrum plays a prominent role in helping its portfolio companies scale their business through senior management and Board recruitment, M&A, and sales & marketing optimization. Content contained in this profile and posted updates is not intended to and does not constitute legal advice or investment advice. Your use of this information in the posted update 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. 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 in posts do 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 portfolio companies at spectrumequity.com.
- Website
-
http://www.spectrumequity.com
External link for Spectrum Equity
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 51-200 employees
- Headquarters
- Boston, MA
- Type
- Privately Held
- Founded
- 1994
- Specialties
- Growth Equity and Software
Locations
-
Primary
Get directions
One International Place
35th Floor
Boston, MA 02110, US
-
Get directions
140 New Montgomery Street
20th Floor
San Francisco, CA 94105, US
Employees at Spectrum Equity
Updates
-
Spectrum Equity reposted this
I'm so excited at the opportunity to work with Hg as we continue our expansion within the Office of the CFO. It allows our team to accelerate the incredible work being done to meet the needs of the banks and credit unions we work with on a daily basis. What started with the intention of building a market leading ALM platform, has evolved into a full ecosystem of solutions serving the needs of risk and finance professionals. I'd also like to thank the team at Spectrum Equity who have been such supportive partners over the past 4 years. I have no doubt that the combination of Hg and Spectrum Equity, along with the amazing team we have assembled here Empyrean Solutions, will result in an integrated platform that banks and credit unions of all sizes will benefit from!
Empyrean Solutions (“Empyrean”), a leading provider of risk and performance management software for financial institutions, today announces a significant strategic investment from Hg. Chris Maclin, Chief Executive Officer of Empyrean said “This new investment and our partnership with Hg will enable Empyrean to better address the needs of financial institution CFOs, and drive innovation in a space where it is desperately needed. We’re thrilled to welcome Hg as a new investor as we embark on the next phase of Empyrean’s journey.” Read the announcement: https://lnkd.in/eMiS-Fdn For the latest on Hg and portfolio news, subscribe to our monthly updates: https://lnkd.in/ezY-YvJN
-
Big news day: Spectrum-backed Lighthouse has announced a new investment from KKR. Congratulations to the Lighthouse team! Read the press release here: https://lnkd.in/ghsjxUqW
-
-
To be absolutely clear: Spectrum Equity is PRO coffee breaks. Congrats on the big day Empyrean Solutions...as Adam said, we couldn't be more excited for what's next. ☕
A running joke among bank CFOs and finance teams is that their software is so slow, they can plan coffee breaks around it. This is especially true of the outdated, cumbersome applications used to analyze balance sheet data for risk management, budgeting and planning purposes. You initiate a model scenario, step out for a leisurely latte, and when you come back…it’s still “processing.” We’ve learned a lot about this pain point since our 2021 investment in Empyrean Solutions, an innovative bank tech company. Empyrean has been transforming the ‘Office of the CFO’ for financial institutions with a modern, cloud-based platform, functionality that spans mission critical business areas and (importantly) blazing fast processing speeds. Finance teams using Empyrean are more productive, able to make better decisions, and have a trusted, innovative partner in their corner. The CFO’s only complaint… feeling nostalgic about those lost coffee breaks! Today, we’re excited to announce a major milestone for Empyrean: We’ve welcomed a significant new growth investment from Hg as we look to step on the gas and accelerate the company’s growth plans. Press release here: https://lnkd.in/g55y7T3G Huge congrats and kudos to Chris Maclin, Kevin Studders, Raffi Festekjian and the rest of the Empyrean management team. This group brings deep domain expertise and product vision to a mission driven company that is having massive success replacing legacy software solutions for financial institutions of all sizes. Empyrean is one of the first breakout success stories among a new breed of vertically-focused ‘Office of the CFO’ SaaS companies, a trend that we at Spectrum Equity expect to see more of going forward. And we couldn’t be more excited to see what the company can do in its next growth chapter. Cc Lauren Shimbo Philip Rasansky
-
Spectrum Equity reposted this
BOOM! 🚀 Today marks a HUGE milestone for the Lighthouse team! • 💰 $369M in funding secured ✅ • 💎 $100M ARR crushed ✅ • 🦄 Officially a unicorn ✅ But most importantly, working with 700 amazing people who give their best every single day to our mission is priceless! This is just the beginning, and the future has never looked brighter. Proud is an understatement. Let’s go! 💪✨ https://lnkd.in/eQkreX8R
-
"If you don’t know where you are going, you’ll end up someplace else." – Yogi Berra 🙌 Marketing leaders from our portfolio kicked off planning season with an epic session led by Customer.io's Jason Lyman and Otter.ai's Kurt Apen (and hosted by Spectrum CFO Brian Regan and CMO Dan Kimball). The group shared their favorite planning frameworks, tools, and (best of all) mistakes – see below for quick hits, or read the full write-up here: https://lnkd.in/gAN6Cekf
-
Always make time to touch grass (or stand on rocks🪨). This fall we closed our laptops for a few hours to visit local hiking spots: the SF office returned to Yosemite, the Boston office checked out Mount Kearsarge in NH, and the London office said something about a steep staircase coming out of the Tube (?).
-
-
The sale of Visual Lease to CoStar Group is officially complete. Since our 2019 investment, we've seen Visual Lease transform from a contender in an emerging category into a premier software platform used by 1,500+ highly-diverse, loyal customers and partners. To the Visual Lease team: we're proud to have been your partner. Congratulations on the exciting milestone – and on the many accomplishments along on the way. https://lnkd.in/g77MDbPs
-
-
The Inc. Magazine Founder-Friendly Investors Award is an especially meaningful one for our firm – it speaks to the strength and depth of our relationships with our portfolio founders. Thank you to the hard-working, innovative, remarkable leaders we're privileged to work with every day, and congrats to the full lists of honorees: https://lnkd.in/e5SNdkd9
-
-
Check out Spectrum MD & General Counsel Leah J. Palmer at Deloitte's Next Gen Women in M&A executive panel (along with Sandhya Edupuganty, Lindsey Moorley, and Trish English)! The group dug deep on overcoming career challenges, creating inclusive cultures, and managing change. #WMA #Deloitte #WomenInMNA
-