Summit Partners

Congratulations to Summit-backed companies NinjaOne, StackAdapt, Klaviyo and Jobber – all named to the 2024 Deloitte Technology Fast 500 list. We are proud to support these great companies and the teams who are working hard to help them grow. #TheSummitPartnersNetwork #Fast500

We're thrilled to share the news that Summit-backed Odoo, a leading provider of integrated business software, has secured a €500 million investment led by CapitalG and Sequoia Capital, with support from BlackRock, Mubadala, HarbourVest Partners, AXA Venture Partners, and Alkeon Capital. Odoo is growing rapidly and profitably, serving more than 13 million users today and adding 7,000 each month. This transaction highlights the company’s continued momentum in reshaping the business software landscape with innovative, accessible solutions for companies worldwide. We’ve proudly supported Odoo since 2019, and we look forward to continuing our partnership as we welcome new investors in supporting the company's exciting growth trajectory. Congratulations to founder and CEO Fabien Pinckaers and the entire Odoo team on this milestone! https://lnkd.in/eu9Kf-WR

Congratulations to Summit-backed Celcoin on its acquisition of Cobransaas. This addition further enhances Celcoin’s integrated solution for credit operations, allowing the company to efficiently close all stages of the credit cycle, from onboarding and credit analysis to portfolio management and collections. This marks Celcoin's fifth acquisition in two years as the company continues to strengthen its leadership position in the Banking as a Service (BaaS) and embedded finance market. Learn more: https://lnkd.in/eJgdyrzY #TheSummitPartnersNetwork #Fintech

Summit Advisory Partner Tim Strickland shares valuable insights drawn from years of experience leading and building G2M organizations. Tune in to this episode of The Private Equity Value Creation podcast to hear Tim’s perspectives on key growth metrics, building a data-driven culture to enhance accountability and transparency, and his approach to developing talent. Thanks to Shiv Narayanan, CEO of How To SaaS, for hosting the discussion!

We are thrilled to welcome healthcare leaders from across the #SummitPartnersNetwork to Boston for our 2024 Healthcare CEO Roundtable! We look forward to making meaningful connections, tackling key growth topics and furthering our collective impact on patients, providers and payors across the healthcare ecosystem. To learn more about Summit’s healthcare portfolio and track insights and guidance on trends shaping the industry, sign up for the Ascent, our quarterly newsletter: https://lnkd.in/emCxpnpQ

We’re honored to be named to Inc. Magazine's 2024 Founder-Friendly Investors list, and we’re grateful to the founders and executive teams who have trusted us – and worked alongside us – as their partner in growth. For over 40 years, Summit has had the privilege of collaborating with hundreds of executives and management teams – partnering with more than 90 founder-led companies in the last five years alone. This experience has fostered a deep appreciation for the courage and vision required to start a business, and the tenacity and talent needed to grow it profitably. We are proud to support these growth journeys – and we look forward to many more. #TheSummitPartnersNetwork #growth #founders Award selections are determined based on Inc.’s evaluation of each nominated private equity, venture capital and debt firm’s ability to remain actively involved with the businesses they invest in and earn the trust of the entrepreneurs they support to help drive growth. To compile the list, Inc. spoke directly with entrepreneurs who have sold to private equity, venture capital and debt firms. Entrepreneurs filled out a questionnaire about their experiences partnering with private equity, venture capital, and debt firms and shared data on how their portfolio companies have grown during these partnerships. To view the full list of honorees and read more about the selection methodology, visit Inc.’s website. This award is the opinion of the party conferring the award and not of Summit Partners. The 2024 list of Founder-Friendly Investors, issued by Inc. on October 29, 2024, was based on the time period January 2019 through May 2024. Summit Partners submitted a nomination and paid a fee to submit a nomination to Inc. There can be no assurance that other providers or surveys would reach the same conclusion as the party conferring the award referenced herein.

As demand for non-traditional insights grows, data monetization may offer a compelling source of high-margin revenues for many companies. However, it should not be approached lightly. Summit’s Vice President of Data Science Cathy Tanimura, outlines several key factors to consider, including legal and reputational implications, organizational readiness and effective distribution strategies. Read the full article linked in the comments below. #datastrategy #data #TheSummitPartnersNetwork

This summer’s CrowdStrike incident served as painful reminder that large-scale correlated failures are intrinsic to the connected systems powering our world. Summit Partners Technologist-in-Residence Tim Kohn shares several straightforward practices to help ensure that your team is ready to respond rapidly and effectively when the unexpected occurs. Learn more: https://lnkd.in/e3uHVwV5 #riskmanagment #cybersecurity #TheSummitPartnersNetwork

We are honored to be named to the shortlist for the UK tech awards 2024 Tech Investor Award. We’ve been truly privileged to partner with and power the growth of innovative technology businesses across the UK and around the world. Thank you to Darktrace, MUBI, Immersive Labs, TradingHub, Calypso Technology (Adenza) and so many other UK-based tech businesses for your partnership. #uktech24 #technology #TheSummitPartnersNetwork Shortlisted nominees are determined based on the UK Tech Awards’ Voting Panel’s evaluation of the nominee’s results, investment decisions, analytical skills, specialization and deep understanding of the tech sector, including demonstration of the nominee’s value creation and long-term vision to help tech businesses grow. Nomination submissions include information for the period 1 October 2023 to 30 September 2024. To view the full list of shortlisted investors and read more about the selection methodology, visit UK Tech Awards’ website www.uktech-awards.co.uk. The UK Tech Awards Tech Investor Award is sponsored by Teneo. Summit Partners submitted a nomination; however, Summit Partners did not pay a publishing or copyright fee to promote Summit’s inclusion on the Tech Investor Award shortlist. Inclusion on the shortlist is determined based on the opinion of the party conferring the award and not of Summit Partners. There can be no assurance that other providers or surveys would reach the same conclusion as the foregoing.

The AI revolution is impacting all organizational functions, and the Office of the CFO is no exception. In this latest installment of our Operationalizing AI series, Summit’s Stefan Vehr explores some of the ways finance teams use AI today and offers recommendations on getting started within your own organization. Learn more: https://lnkd.in/e_wGCmEJ #ai #finance #TheSummitPartnersNetwork