FTV Capital

FTV is a growth equity firm that has raised $10.2B+ to invest across financial tech & services, vertical software, enterprise tech & services, and healthcare.

[FTV Capital @FTVCapital]

Delighted to share that @KKR_Co has made an investment in FTV-backed @Agiloft, a trusted global leader in data-first contract lifecycle management (CLM) software. As part of the transaction, FTV will make an additional investment in the company.

“Since FTV’s initial investment in 2020, Agiloft has driven impressive growth by delivering a truly unique no-code platform to a quickly growing customer base globally. The CLM market, while still young, represents a multi-billion-dollar opportunity, and we look forward to working with KKR as we continue to support Agiloft in fueling expansion and sustaining its notable leadership in workflow automation.” – Alex Mason, partner at FTV Capital

We are excited to continue our partnership with Eric Laughlin and the Agiloft team to grow market share, acquire new customers, drive product innovation and extend Agiloft's world-class standard of customer success.

Congratulations, Agiloft, on this exciting new chapter in your growth journey! 🎉

📰 https://t.co/X3rN5zMxws

#PoweringGrowthTogether #contractlifecyclemanagement #growthequity

[FTV Capital @FTVCapital]

Why are less and less entrepreneurs choosing to go public? Our managing partner, Brad Bernstein, sits down with @markets' @sonalibasak to dive into the IPO market and how it's failing to meet the needs of today’s high-growth businesses. Brad says it's not whether companies can get public, but whether they can thrive once they are public, and he points out the importance of the public and private markets working in harmony to create a healthy economy.

Watch the conversation below and read Brad's op-ed on the topic:
🎥 https://t.co/lbb71JiREo
📰 https://t.co/fnMvLZvDOU

#IPOMarket #growthequity

cc: @Bloomberg

[FTV Capital @FTVCapital]

We're thrilled to share that FTV has ranked # 6 out of 106 firms on the 2023 HEC Paris-Dow Jones Growth Capital Private Equity Performance Ranking. The ranking highlights the top-performing growth equity firms globally across funds raised between 2010 and 2019.

As our managing partner, Brad Bernstein, said: "It’s great to see our team’s hard work and dedication being recognized with this ranking, highlighting the strength of our consistent strategy and strong performance for our limited partners. We take great pride in identifying, growing and scaling businesses across the financial technology and enterprise technology sectors. Our success stems from our differentiated growth equity model, underpinned by a team deeply committed to collaboration and results, and we will continue to strive to achieve fantastic outcomes for all of our stakeholders."

We're honored to be among such a strong cohort of growth equity firms on the list and to play a part in powering growth in the innovation economy. 🙏

📰 Further detail on the ranking, including the methodology for selection, can be found here: https://t.co/VM7p82ph47

#growthequity #growthinvesting #PoweringGrowthTogether #FTVForward

Please refer to this link for important information related to this recognition: https://t.co/j1FvItK2Bb

[FTV Capital @FTVCapital]

Coming to your feed today... FTV's latest Think Forward featuring @docupacetech CEO @DavidKnoch on successfully building a comprehensive platform for the wealth management industry. 💥

An "Ops-in-One" platform, Docupace provides wealth managers with an ecosystem of digital solutions to automate myriad back-office functions (AKA they are the #backofficeheroes 💪). We sat down with CEO David Knoch, who joined in 2020 at the time when FTV invested, to discuss how finding a Goldilocks market position and making every decision with a five-year outlook can smooth the transition from startup to a mature company. Today, nearly 270,000 customers process over 16 million work items on Docupace's platform each year.

📰 Read more: https://t.co/YtXwLyXphT

#FTVForward #PoweringGrowthTogether #innovation #growthequity #wealthmanagementtechnology #wealthtech

[FTV Capital @FTVCapital]

Very happy to share that we’ve signed the sale of FTV-backed @EgressSoftware, a leader in adaptive and integrated cloud email security, to @KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform.

We first invested in Egress in 2018 to help drive the company’s rapid growth in Europe and expansion into North America. With the proliferation and increasing sophistication of advanced persistent threats, we saw an opportunity to partner with a market leader as demonstrated by Egress’ best-in-class technology, robust blue-chip customer base and momentum in the compliance and data security market.

It’s been amazing to be part of Egress’ growth thus far, and we can't wait to see these two businesses come together to create the largest, advanced AI-driven cybersecurity platform for managing human risk.

#emailsecurity #cybersecurity #cybersecuritytechnology

https://t.co/bbPFsUG0rG

[FTV Capital @FTVCapital]

We are very excited to welcome Ben Peters as CEO of @ConnexPay, the world's first all-in-one payments platform! 🎉 Not only does Ben bring a successful track record of leading and growing global payments and vertical software companies, but he has worked with several past FTV portfolio companies.

We look forward to working with Ben again as he and Bob Kaufman, chairman of the board, continue to drive ConnexPay’s strong growth trajectory. 🙌

#PoweringGrowthTogether #verticalsoftware #payments

CC: @bipventures

https://t.co/Tlml7yGNm1

[ConnexPay @ConnexPay]

ConnexPay is excited to announce the appointment of Ben Peters to the role of Chief Executive Officer, with founder Bob Kaufman transitioning to Chairman of the Board. Join us in welcoming Ben to the ConnexPay family!

https://t.co/XG6JK7dmvd

[FTV Capital @FTVCapital]

While many are focused on whether the #IPO window is open or closed, FTV Managing Partner Brad Bernstein says we’re missing a more important point: that the window is broken. Read more in @pensionsnews

https://t.co/x2P8Jl8g3C

[FTV Capital @FTVCapital]

Defining a business' core value proposition is crucial to driving hyper-growth. 💪 @PatraCorp CFO, Simon Davis, emphasizes this in our latest Think Forward article. Simon says, "For any company still trying to figure out their value proposition, put yourself in your customers’ shoes. You will see exactly what problem your product is solving – or should be solving."

📰 https://t.co/NB5AV9HNRQ

#FTVForward #PoweringGrowthTogether #innovation #growthequity #insuranceservices

[FTV Capital @FTVCapital]

Some AI news for your Friday feed. Check out FTV Partner Kapil Venkatachalam in @TheDealNewsroom weighing in on the conversational AI space, including a case study on our recent investment in @koredotai, a leading enterprise conversational AI platform for global brands. Kapil highlights https://t.co/WVhWTekBBz's differentiated product and no-code platform and the company's strong alignment with enterprises in FTV's Global Partner Network who stand to benefit from https://t.co/WVhWTekBBz's strong value proposition of enhancing customer experiences while driving cost savings.

📰 https://t.co/eV85doGw06

#conversationalAI #growthequity #FTVGlobalPartnerNetwork

[FTV Capital @FTVCapital]

We're very happy to announce that we've led a strategic growth investment in @ParkHubInc, a leading provider of parking management software and payments solutions in North America. With this investment, ParkHub has signed an agreement to acquire @JustPark, one of the UK’s leading app-based parking reservations technology and payments platforms that matches drivers with available parking spaces. The combined business will create an end-to-end platform to serve the entire parking ecosystem in North America and the UK. 🚘

This marks our latest investment in vertical software and payments, a category where FTV has a strong and growing track record, specifically built around our 25+ years of deep payments expertise and our distinct experience helping leading vertical market software providers integrate and monetize payments to accelerate revenue growth.

Additionally, this investment is a continuation of our long-term partnership with ParkHub CEO Jeff Shanahan, who we’ve known for many years since his days leading FTV-backed CardConnect (acquired by FirstData) and his leadership involvement in several other FTV portfolio companies. And we're excited to work with JustPark's CEO Anthony Eskinazi, who will continue to lead the UK business. Lastly, we're thrilled to once again partner with the team at @LLRPartners, with whom we’ve collaborated on several previous deals, including FleetOne and RapidRatings.

A huge congratulations and warm welcome to the entire ParkHub and JustPark teams! 🎉

📰 https://t.co/Dw6AavVwMj

#digitalpayments #verticalsoftware #PoweringGrowthTogether

[FTV Capital @FTVCapital]

This time last year we announced our investment in @MasttroUS, a leading wealth tech platform serving family offices, financial advisors and large institutions managing the wealth of UHNW families. Here's Masttro's CEO Padman Perumal on the importance of collaboration and partnership, how technology coupled with a high-level of client experience can drive innovation, and how the wealth management industry is ripe for disruption. 👏🙌

#wealthtech #entrepreneurship #PoweringGrowthTogether #FTVForward

[FTV Capital @FTVCapital]

FTV is a proud sponsor of @BUILDNational, a high-impact entrepreneurship program for underserved high school students. Recently, we had the chance to engage with BUILD students in both NY and SF. In NY, we hosted an “Investor Day” where students visited our office to showcase products and business ideas to our team of investment judges. And in SF, FTV team members attended BUILD's HuddleUp event, a program that reverses roles by bringing together VC investors to “pitch” a product to BUILD students who serve as business judges.

We had so much fun, but more importantly both programs were great opportunities to learn about BUILD's vital work and impact. It was especially inspiring to spend time with BUILD students and witness how BUILD is propelling their entrepreneurial potential. 😊🙌

#BUILD #PoweringGrowthTogether #Entrepreneurship

[FTV Capital @FTVCapital]

Congrats to Adnan Iqbal, co-founder and CEO of FTV-backed @lumahealthhq, on receiving this year’s prestigious Study UK Alumni Award, which celebrates the achievements of UK universities' alumni. Under Adnan's leadership, Luma Health is working hard to solve one of the biggest challenges in healthcare: getting a patient to the right provider and to the best outcome quickly – no easy feat. 🙌

📰 Read more about this well-deserved achievement: https://t.co/Zn3ucaMD0f

📰 Read about Adnan’s entrepreneurial journey and Luma’s continued growth and innovation: https://t.co/bTUzaALR8J

cc: @BritishCouncil

#achievement #StudyUKAlumniAwards #healthcaretech #entrepreneurship

[FTV Capital @FTVCapital]

FTV’s latest edition of Think Forward is live – featuring @PatraCorp CFO Simon Davis! 🎉

Founded in 2005, Patra is the leading provider of tech-enabled insurance outsourcing, servicing over 260 brokers, MGAs, wholesalers and carriers in North America. We recently sat down with Simon, who joined the company in 2016. Read more to learn how a customer-centric model, remote-only workforce and sustained tech investment have driven Patra to be profitable from day one. 

📰 https://t.co/NB5AV9HNRQ

#FTVForward #PoweringGrowthTogether #innovation #growthequity #insuranceservices

[FTV Capital @FTVCapital]

Is 2024 the year of wealthtech? FTV principal and wealthtech investor @AdamHallquist1 sat down with @BankerNews to talk trends and industry potential for this dynamic space. Some takeaways include:

▪ Wealthtech growth will be more of an evolution than a revolution.
▪ There is a big opportunity for consolidation in the industry.
▪ Businesses should keep an eye on unit economics, quality of revenue and ultimate scalability.

📰 Read more here: https://t.co/sa7jxl7qL6

#wealthtech #wealthmanagement #growthinvesting

[FTV Capital @FTVCapital]

Checking in from ViVE 2024: FTV's healthcare tech investors! 📍

What a full week it's been! Great to be here in LA with some of the world's leading digital healthcare innovators, learning about how they're tackling pain points across the vast healthcare industry. A special thanks to the founders and innovation leaders who joined us for dinner last night - it was energizing to connect, exchange ideas and talk all things healthcare IT! 🙌

#healthcaretechnology #growthinvesting #ViVE2024

[FTV Capital @FTVCapital]

FTV-backed @Zoovu, the AI-powered product discovery platform, has teamed up with leading global market research firm, @Forrester, for an in-depth report at the state of B2B ecommerce. Click below to download.
#b2becommerce #productdiscovery #digitaltransformation

https://t.co/59EgPaZ7Xp