Spectrum Equity is an American growth equity firm that invests in businesses related to the
information economy
Information economy is an economy with an increased emphasis on informational activities and information industry, where information is valued as a capital good. The term was coined by Marc Porat, a graduate student at Stanford University, who ...
.
The company operates out of offices in
Boston
Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- mo ...
, MA and
San Francisco
San Francisco (; Spanish language, Spanish for "Francis of Assisi, Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the List of Ca ...
, CA. The company was an early investor in
Ancestry.com
Ancestry.com LLC is an American genealogy company based in Lehi, Utah. The largest for-profit genealogy company in the world, it operates a network of genealogical, historical records, and related genetic genealogy websites.
In November 2018, ...
and
Grubhub
Grubhub Inc. is an American online and mobile prepared food ordering and delivery platform. The company is based in Chicago, Illinois.
Founded in 2004, it is a subsidiary of the Dutch company Just Eat Takeaway since 2021. Grubhub has been crit ...
and has raised a total of $2.2 billion for growth investments in internet software and data services companies.
History
Founded in 1993 by Brion Applegate and William Collatos, Spectrum Equity raised its first fund in May 1994. It started out by primarily investing in communication companies. As of 2022, most investments have been in Internet-enabled software and
information services companies.
Spectrum Equity has raised nine private equity funds since its founding, totaling $8 billion of capital.
Past investments
*
Ancestry.com
Ancestry.com LLC is an American genealogy company based in Lehi, Utah. The largest for-profit genealogy company in the world, it operates a network of genealogical, historical records, and related genetic genealogy websites.
In November 2018, ...
, 2003
*
BATS Global Markets
Bats Global Markets is a global stock exchange operator based in Lenexa, Kansas, with additional offices in London, New York, Chicago, and Singapore. Bats was founded in June 2005, became operator of a licensed U.S. stock exchange in 2008 and ...
, 2013
* Definitive Healthcare
*
GoodRx
GoodRx Holdings, Inc. is an American healthcare company that operates a telemedicine platform and a free-to-use website and mobile app that track prescription drug prices in the United States and provide free drug coupons for discounts on medic ...
*
Grubhub
Grubhub Inc. is an American online and mobile prepared food ordering and delivery platform. The company is based in Chicago, Illinois.
Founded in 2004, it is a subsidiary of the Dutch company Just Eat Takeaway since 2021. Grubhub has been crit ...
* Lucid Software, 2018
*
Lynda.com
LinkedIn Learning is an American online learning provider. It provides video courses taught by industry experts in software, creative, and business skills. It is a subsidiary of LinkedIn. All the courses on LinkedIn fall into four categories: Bus ...
, 2013
*
SurveyMonkey
Momentive Inc. (formerly SurveyMonkey Inc.) is an experience management company that offers cloud-based software in brand insights, market insights, product experience, employee experience, customer experience, online survey development, and a s ...
, 2009
*
The Knot Worldwide
The Knot Worldwide, formerly XO Group and The Knot Inc., is an American media and technology company that provides content, tools, products and services for couples who are planning weddings, creating a home, and starting a family. The company ge ...
, 2018
*
Verafin Verafin Inc. is a fraud detection technology and anti-money laundering software subsidiary of Nasdaq, Inc. based in St. John's, Newfoundland and Labrador, Canada. The company was established in 2003 by Brendan Brothers, Jamie King, and Raymond Pre ...
, 2014
References
External links
Official site
{{Venture capital firms
Venture capital firms of the United States
Private equity firms of the United States
Companies based in Boston
Companies based in Menlo Park, California
Financial services companies established in 1994
1994 establishments in California