Building for Durable Growth
During the first half of 2021, we saw an accelerating recovery of the global economy and renewed optimism for new opportunities ahead. While the operating environment remains complex, leaders and teams across the Summit Partners network have continued to focus on building durable growth businesses. We are pleased to share their stories in our 2021 mid-year update below.
$1.7B
Invested in 32 companies
50+
Acquisitions completed by portfolio companies
11
Strategic sales & public offerings
We partner with innovative growth companies that are working hard to transform their industries, empower their customers and grow their teams. Below, we share perspectives, stories and activity across several thematic areas of focus.
Perspectives on e-commerce trends featuring insights from Andrew Biacecki, CEO of Summit-backed Klaviyo
View video and read moreKlaviyo Raises $320 Million Following Surge in Demand for Data and Marketing Automation Platform
Read MoreVeranex Announces Formation of the First Concept-to-Commercialization Medtech Services Platform
Read MoreHow Viroclinics-DDL is Accelerating Vaccine Development and Antiviral Therapies Worldwide
View video and read moreFormative Announces $70 Million Minority Growth Investment to Accelerate Impact in K-12 Classrooms
Read MorePerspectives on e-learning trends featuring insights from Sam Kroonenburg, CEO of Summit-backed A Cloud Guru
View video and read moreLingoda, Europe’s Leading Online Language School, Announces $68 Million Growth Equity Investment
Read MoreRed Canary Closes $81 Million Financing to Meet Increasing Demand for Security Operations
Read MorePerspectives on security operations SaaS featuring insights from Brian Beyer, CEO and Co-founder of Summit-backed Red Canary
View video and read moreFrom planning and procurement, to execution and compliance: What’s fueling the dramatic – and long-term – shift in the digital supply chain
Read MorePatSnap Secures $300 Million in Series E Funding to Change the Way the World Innovates
Read MoreTeam news and industry recognition
Summit Partners Named Top Growth Equity Firm by GrowthCap
Summit Partners was named to GrowthCap’s 2020 Top 25 Growth Equity Firms list. Over 350 firms were considered for this year’s awards process.
Steffan Peyer Named Rising Star of European Private Equity
Steffan Peyer, a Managing Director in Summit’s London office, was named one of the “2021 Rising Stars of Private Equity” by Financial News and Private Equity News.
Summit Partners Announces Global Promotions
In January, Summit announced ten promotions across our global team. Antony Clavel, Johannes Grefe, Adam Hennessey, Colin Mistele, Steffan Peyer and Ross Stern have been promoted to Managing Director. In addition, Gabriel Carreiro, Paul Furer, Patrick Murphy and Sophia Popova have been promoted to Principal.
For more than 37 years, Summit Partners has been committed to partnering with exceptional entrepreneurs to help them accelerate their growth and achieve dramatic results. Today, Summit manages more than $28 billion in capital and targets growth equity and fixed income investments of $10 million – $500 million per company. Since inception, Summit has invested in more than 500 companies across technology, healthcare, consumer, financial technology and services, and other growth sectors.
