K1 Investment Management

Our 2024 Q3 Update is now live! In a record-breaking year for K1, we have realized $2.9 billion in enterprise value through six realizations in 2024, including Q3 exits such as GoCanvas, acquired by Nemetschek Group, and Axcient, acquired by ConnectWise, a Thoma Bravo portfolio company.* We have also been active in acquiring new businesses, including Board Intelligence and MariaDB (formerly NYSE: MRDB). Other 2024 YTD highlights include: - 30 K1 portfolio companies featured on the Inc. Magazine #Inc5000 - 24 Accelerate events hosted with over 600 guests, including Fortune 500 and Global 2000 executives - 174 leaders placed across our portfolio Read the full #Q3Update here: https://lnkd.in/gHqAuch8 #categoryleaders *Data provided is as of 9/30/2024 – Please see full disclosures, disclaimers, and list of YTD investments and realizations here: https://lnkd.in/gzB4hCRe

This Thanksgiving season, we reflect on the power of community, gratitude and giving back. 💛 We recently partnered with The Giving Spirit, an organization we've proudly supported for over eight years, to address one of Los Angeles' most pressing challenges: homelessness. Women represent 32% of the population experiencing homelessness in LA, facing unique vulnerabilities and challenges every day. The K1 team assembled female-focused care kits designed to meet the critical needs of these women. As we gather with loved ones this Thanksgiving, we're reminded of the importance of compassion and action in building stronger, more inclusive communities. We're honored to stand alongside The Giving Spirit in their incredible work to uplift those in need. 🧡

Exciting news from our portfolio company Panopto! Panopto, a leader in AI-powered video creation and management solutions, has acquired Elai.io, an innovative AI text-to-video platform working to revolutionize how organizations create learning content. By integrating Elai’s AI capabilities, including custom avatars, voice cloning, and guided storyboard scriptwriting, Panopto aims to expand its support for the full video learning lifecycle—from creation to sharing and measuring impact. Congratulations to the teams at Panopto and Elai! #categoryleaders #AI

Congratulations to the K1 portfolio companies that made the Deloitte Technology Fast 500 of fastest-growing North American companies! The 2024 Fast 500 companies achieved revenue growth ranging from 201% to 153,625% over the three-year time frame. Irwin, a FactSet company, Pentera, IRONSCALES #CategoryLeaders

Proud to share that Simpro Software, a K1 portfolio company and global provider of field service management solutions, has acquired BigChange, a UK-based innovator in job management software for the field services industry. With BigChange’s capabilities in mobile workforce management, CRM, and advanced scheduling, this acquisition is set to strengthen Simpro’s end-to-end platform and enhance its capacity to meet the growing market demand for flexible, customer-focused solutions. Congratulations to the teams at Simpro and BigChange on this exciting milestone! Read more here: https://lnkd.in/gfhiU9xG #categoryleaders

We’re honored to have been named to Inc. Magazine’s 2024 Founder-Friendly Investors list for the fifth consecutive year! This recognition reflects the trust our founders place in us and our “by founders, for founders” philosophy that has guided K1 from day one. At K1, partnering with founders goes far beyond investment — together, we aim to build category leaders through strategic growth and innovation. Thank you to our founders and teams for your shared vision and dedication to transforming industries. See the full list here: https://lnkd.in/gDMgZuQn #categoryleaders #FounderFriendly

Last week, we had the privilege of hosting our 2024 Women's Executive Forum in NYC, bringing together executive women from across our portfolio and beyond. The day was filled with thought-provoking discussions and insightful advice from leaders in finance, technology, and more. Our lineup of speakers included: Kim Crawford Goodman, CEO of Smarsh, who energized the room with insights on driving transformational growth through AI. Sophia Bush and Nia Batts of Union Heritage spoke powerfully on closing the gender lending gap with Hasan Askari, while our boardroom panel — featuring Bernadette Aulestia, Shellye Archambeau, and Susan Chapman-Hughes — offered inspiring perspectives on driving influence and impact, moderated by Sejal Chokshi Pietrzak. Holly Ridings, NASA’s first female Chief Flight Director, captivated the room with her keynote on navigating new frontiers in leadership, while Erika Ayers Badan, CEO of Food52, spoke to embracing failure as a springboard for growth and the transformative power of authentic, resilient leadership. Aly Wagner, 2x Olympic Gold Medalist and Co-Founder of Bay FC, and Marne Martin, CEO of Emburse, led a dynamic session on building winning teams, moderated by Monica Sklover, and Debbie Ellisen closed out the day with a workshop on high-stakes decision-making. The final shoutout goes to Tracy Strauss, who expertly guided us through the day as moderator. A heartfelt thank you to our incredible speakers and attendees for making it an unforgettable experience. Here’s to continued opportunities for connection and growth. #categoryleaders #K1WomensExecForum

Thrilled to announce our portfolio company Irwin has entered into a definitive agreement to be acquired by FactSet (NYSE: FDS | NASDAQ: FDS). Since our initial investment in 2021, Irwin has grown revenue by 4x and built upon their position as a leader in the IR software market through introducing new products, expanding into the European market, and securing key partnerships. Congratulations to Irwin’s co-founders, David Whyte and Mark Fasken, and the entire Irwin team on this milestone. This will mark K1’s seventh exit in 2024, contributing to over $2.9 billion in enterprise value realized year-to-date. Read more here: https://lnkd.in/gt6b495A #categoryleaders 

Exciting news from our portfolio – Board Intelligence has completed its acquisition of TeamEngine, joining forces to strengthen AI-powered governance software and expand their reach across Europe. This partnership combines Board Intelligence’s AI-powered platform with TeamEngine’s established presence in the Nordic region, positioning them to deliver value to both public and private sector clients through improved decision-making and innovative governance solutions. Read more here: https://lnkd.in/gZFR6kYy #categoryleaders #BoardIntelligence #TeamEngine 

Proud to share the next chapter for our portfolio company Axcient, a category-leading provider of advanced business continuity and disaster recovery (BCDR) software for managed service providers (MSPs), which has entered into a definitive agreement to be acquired by ConnectWise, a Thoma Bravo portfolio company. Since our initial investment, Axcient’s annual recurring revenue has grown by 7.5x, driven by customer-focused innovation and strategic acquisitions. This acquisition marks another milestone for Axcient in their mission to protect MSPs and their clients from evolving cybersecurity risks. With this transaction, K1 has realized over $1.8 billion of liquidity in the past ten months, reflecting our commitment to building category-leading companies. Congratulations to the entire Axcient team on this incredible journey. We look forward to seeing their continued success as part of ConnectWise. Read more here: https://lnkd.in/gAU7ruuG #categoryleaders #BCDR #MSPs