Section Partners

Liquidity for founders, executives, and shareholders of venture-backed companies.

[Figure @Figure]

Exciting news: We entered into an agreement to acquire Kiavi, bringing the country's #1 Residential Transition Loan (also known as "fix and flip”) platform into the leading home equity marketplace.

The deal marks a deepening of our relationship with Sixth Street. We are purchasing Kiavi’s technology platform, and a new JV between Figure and Sixth Street will originate RTL loans off Kiavi’s balance sheet and sell them via our blockchain-native marketplace, Figure Connect.

This is big news for our network of 380+ partners. We're also introducing Adaptor, our newest AI feature with agent-to-agent capability, built to eliminate months of administrative headaches as we onboard new partners. A big day at Figure!

Check out this story with Figure CEO @MBTannenbaum and Bloomberg's @pat_clark ↓

https://t.co/T8f7mGn5dC

[Figure @Figure]

In a blog post about our Kiavi news, Figure CEO @MBTannenbaum shares more about what it will mean for our scale, tech stack, and market.

Read more here ↓
https://t.co/u0SNf0rVTY

[Kiavi Funding Inc. @kiavi_inc]

Kiavi entered into an agreement to be acquired by @Figure, a fintech platform built to modernize capital markets. The transaction includes the purchase of Kiavi’s balance sheet assets by a JV between Figure and Sixth Street.

Read more:

👉 https://t.co/l0F1ZN4dV2

[Section Partners @SectionPartners]

Congrats to the teams at our portfolio companies @kiavi_inc and $FIGR on this new chapter - extending the leading platform for modern capital markets and lending. Excited to see what's next! 👏

[Sebastian Siemiatkowski @klarnaseb]

🚨 BREAKING: AI takes the reins at Klarna! 🚨

Klarna’s financial results are here and we’re back in back in familiar territory: profit and growth.

We’re also using AI to replace… er… *ME* to present the highlights. 🤖🎤

(Don’t worry, I’m not fully replaced! 😉 I’m in Poland, celebrating my roots 🇵🇱 and opening our new Warsaw tech hub.)

Catch up on our financial results here👇

[Section Partners @SectionPartners]

Congrats to our portfolio company DailyPay on this incredible accolade!

[DailyPay @DailyPay]

Exciting news! DailyPay has been named Company of the Year by @BigAwards 2024 BIG Awards for Business! 🎉 This recognition celebrates our commitment to support hardworking individuals everywhere. https://t.co/CgDwZib5HU

[Section Partners @SectionPartners]

Thrilled to see many of our portfolio companies make the @Forbes #cloud100 list: @automattic, @benchling, @dialpad, @Grammarly, and @NotionHQ!

[Forbes @Forbes]

See who made our 2024 #Cloud100 list: https://t.co/9hvg2masw4

[Section Partners @SectionPartners]

Thrilled for our portfolio company @rubrikInc on their IPO!

[Rubrik @rubrikInc]

Today marked an exciting milestone of Rubrik becoming a public company. Thank you for joining us in celebration, and we look forward to continuing to secure the world’s data!

#RubrikIPO

[Section Partners @SectionPartners]

Congrats to our friends @Grammarly on 15 great years!

[Superhuman @Superhuman]

Celebrating 15 remarkable years of Grammarly! ❇️

From creating the Grammarly Editor in our early days to becoming the trusted AI writing partner for 30M+ users and over 70,000 teams worldwide, we have a lot to celebrate and be grateful for. Here's to the next 15 and beyond! 🚀

[Section Partners @SectionPartners]

Fresh off our 10 year celebration in Park City! We share the same excitement about our business as we did when we launched in 2014. We’re proud of the 250+ transactions we've done, but even more proud of the relationships we've built along the way.

[Section Partners @SectionPartners]

Congrats to our portfolio company @DailyPay !

[DailyPay @DailyPay]

DailyPay is honored to be named "Best HR Tech Of The Year USA 2024" by @gbfinmag. Congratulations to all the winners! Check out the full list here: https://t.co/N2ozZu2gis

[Section Partners @SectionPartners]

Since launching in 2014 our team has grown, we have offices on both coasts, and we manage over $570MM of assets. We’re proud of the 250+ transactions we've done, but even more proud of the relationships we've built along the way. Thanks for your ongoing support and partnership!

[Section Partners @SectionPartners]

Congrats to our portfolio company @ExpelSecurity for this accolade!

[Expel @ExpelSecurity]

Very excited to be named one of the 20 Coolest Endpoint and Managed Security Companies of 2024 as part of @CRN’s Security 100. https://t.co/qwXVYj3LjI #CRNSecurity100

[Section Partners @SectionPartners]

Excited for our portfolio company @rubrikInc . Many accomplishments last year and a big year ahead.

[Rubrik @rubrikInc]

The last year has been a big one for Rubrik. From partnerships to acquisitions towards, we’ve been laser-focused on our mission to secure the world’s #data. But what really gets us excited…is that this is just the beginning. Learn more: https://t.co/mUf3ViOxph

[Rubrik @rubrikInc]

Cyberproof your #Amazon S3 data with immutable, access controlled backups. Now generally available in Rubrik Security Cloud! View our solution brief to learn more: https://t.co/Ks1wyHCG2s

[Section Partners @SectionPartners]

Proud of our portfolio company @DailyPay !

[DailyPay @DailyPay]

#4 on 2024 Best Tech Startup in New York by @thetechtrib!!

We’re honored to have made this list alongside these other companies. In 2024, we will continue to drive value to our clients and users, while remaining the most innovative in the EWA space. https://t.co/dDrPY5YHHU

[Section Partners @SectionPartners]

Congrats to our portfolio company @rubrikInc on their 10 year milestone!

[Rubrik @rubrikInc]

To celebrate 10 years of securing the world’s data, @BipulSinha reflects on the last decade of our incredible journey. Learn more about how, in just 10 years, an unorthodox strategy turned Rubrik into a #CyberSecurity leader: https://t.co/DwEDUfwUTe

[Section Partners @SectionPartners]

Congrats to our portfolio company @DailyPay !

[DailyPay @DailyPay]

Big news! DailyPay has secured over $175M in funding, including a $100M expansion to our credit facility and over $75M in equity financing. See how these funds will help drive product innovations and expansion into new markets: https://t.co/GWaNJMgMyo

[Section Partners @SectionPartners]

Incredibly proud to have several of our portfolio companies make the @Forbes Cloud 100 list of the world's best private cloud computing companies. Congrats to @automattic, @benchling, @dialpad, @Grammarly, @NotionHQ and @rubrikInc!
https://t.co/YDP1iHaiVO