Articles from Summit Partners

Summit Partners, a leading growth-focused alternative investment firm, today announced the promotion of thirteen professionals across the firm’s global offices. The firm has promoted Chris Bon, Meg Devine, Ross Murphy and Jono Pagden to Partner; Devin O’Connor Deane, Irina Müller and Nik Ohri to Principal; and Luke Farrugia, Grace Gwozdz, Patrick McLaughlin, Max Miller, Alberto Reyes and Paul-Hugo Thiboult to Vice President.

Summit Partners today announced a growth investment in Dreampath Diagnostics, a leading healthcare technology company focused on digitizing workflows in anatomical pathology laboratories. The investment will support the company’s plans to accelerate global growth, scale operations and expand its commercial reach and product portfolio.

RIS Rx, a healthcare technology company pioneering solutions to reduce revenue leakage in pharmaceutical gross-to-net spread, today announced a significant growth investment from Summit Partners. This partnership will support RIS Rx’s continued innovation and growth in service of the company’s commitment to improving patient access to treatment, one prescription at a time.

Summit Partners, a leading growth-focused investment firm, today announced the promotion of eight professionals across the firm’s global offices. Nick Oppedisano and Sergio Mur have been promoted to Partner; Adesh Jain, Daniel W. Kim, Kurt Brimberry and Cathy Tanimura have been promoted to Principal; Chandler Scott has been promoted to Vice President; and Ryan Grimshaw has been promoted to Portfolio Manager.

Fundraise Up, a premier fundraising platform for nonprofits globally, today announced a minority growth investment led by Summit Partners with participation from existing investor Telescope Partners. The new funding reinforces Fundraise Up’s leadership position in the nonprofit technology sector and will support the company’s commitment to expand product offerings, accelerate global market reach, and provide innovative, AI-powered solutions purpose-built to unlock the fundraising potential and impact of nonprofit organizations.

Summit Partners, a leading growth-focused investment firm, is pleased to announce the addition of Ricardo Gonzalez as a Partner on the firm’s Growth Products & Services team. Mr. Gonzalez brings more than 15 years of investing and operating experience to the role and will draw on this experience to help support the growth of profitable, category-leading businesses and talented executives in the financial services, consumer, business services and industrial technology sectors.

Summit Partners, a global growth equity investment firm, today announced the closing of its latest flagship U.S. growth equity fund. Summit Partners Growth Equity Fund XII (“Summit XII”) launched fundraising in late April 2024 and held its closing after approximately five months with $9.5 billion in capital. Consistent with the firm’s prior funds, the general partner will be the single largest investor in Summit XII.

Global growth equity investor Summit Partners is delighted to welcome Morgan Buehler Zanotti to the firm’s Executive-in-Residence (“EIR”) program. In this role, Morgan will work closely with Summit’s Growth Products & Services team to identify new investment opportunities and advise growth-stage companies within the functional foods and health and wellness sectors.

Summit Partners, a leading alternative investment firm, today announced the promotion of three professionals and the addition of one new Principal across the firm’s global offices. Yoon Lee has been promoted to Partner, and Hanyin Cheng and Cody Lee have been promoted to Principal. In addition, Ryan McDonald has joined the firm’s Healthcare & Life Sciences team as a Principal.

Global growth equity investor Summit Partners today announced the addition of John Coughlin to the firm’s Executive-in-Residence (“EIR”) program. In this role, Mr. Coughlin will work closely with Summit’s growth products & services team to identify new investment opportunities and advise growth-stage companies in the payments, financial technology and business services sectors.

Doctrine, a leading provider of legal intelligence solutions, today announced a majority growth investment from Summit Partners and Peugeot Invest.

Summit Partners, a global alternative investment firm, today announced the first and final closing of its newest Europe growth equity fund. Summit Partners Europe Growth Equity Fund IV closed at its hard cap with €1.4 billion in total commitments. Launched in October 2022, the fund was oversubscribed.

Summit Partners, a leading alternative investment firm, today announced the promotion of 14 professionals across the firm’s global offices. Scott Ferguson, Paul Furer, Mark Nordstrom, Dayton Ogden and Sophia Popova have been promoted to Partner; Chris Bon, Ali Dowd, Mark Hexamer, Chelsea Jurman, Nick Oppedisano and Jono Pagden have been promoted to Principal; and Jonathan Gilman, Andy Lee and Irina Müller have been promoted to Vice President.

Global growth equity investor Summit Partners today announced the addition of Davide Molho to the firm’s Executive-in-Residence (“EIR”) program. In this role, Dr. Molho will work closely with Summit’s healthcare & life sciences team to identify new investment opportunities and advise growth-stage companies focused on the development and commercialization of advanced therapies.

LumaBridge (formerly known as Cancer Insight), an oncology-focused clinical research organization (CRO), today announced a majority growth investment from global investor Summit Partners. The funding will help LumaBridge continue to build on its work offering best-in-class clinical trial solutions to support emerging biopharma companies that are working to develop life-changing immuno-oncology treatments.

TextExpander, a developer of productivity software, today announced a $41.4 million financing round and the addition of SaaS industry leader J.D. Mullin as the company’s new CEO. The financing is led by global growth equity investor Summit Partners and will support continued investment in R&D, hiring and customer acquisition, and will help to further accelerate TextExpander’s rapid growth.

Summit Partners, a leading alternative investment firm, today announced the promotion of eight professionals across the firm’s global platform. Chief Investor Relations Officer David Schiller has been promoted to Managing Director. On Summit’s growth equity and venture capital teams, Luke Parsons and Steven Twomey have been promoted to Principal; Luke Nowicki has been promoted to Vice President; and Irina Müller has been promoted to Senior Associate. On Summit’s public equities team, Ryan Grimshaw and Chase Woodsum have been promoted to Senior Portfolio Analyst, and Max Rich has been promoted to Portfolio Analyst.

Summit Partners, a leading global growth equity investor, today announced the addition of J.D. Mullin to the firm’s Executive-in-Residence (“EIR”) program. In this role, J.D. will work closely with Summit’s technology team to identify new investment and leadership opportunities in growth-stage software companies.

Summit Partners, a global alternative investment firm, today announced the first and final closing of its latest flagship U.S. growth equity fund. Launched in June 2021, Summit Partners Growth Equity Fund XI was significantly oversubscribed and closed at its hard cap with total commitments of $8.35 billion.

Formative, a SaaS-based real-time student data platform, today announced a $70 million minority investment led by global growth investor Summit Partners, with participation from existing investors including Emerson Collective, Fika Ventures, Mac Ventures and Rethink Education. The investment will further fuel Formative’s product enhancement efforts, increase teacher and administrator support and expand the company’s international reach.