Sumeru Equity Partners

Sumeru Equity Partners, established in 2014, is a California-based private equity firm specializing in mid-market investments. It focuses on small-to-mid-sized technology businesses in the United States and the United Kingdom, with a particular interest in software, technology-enabled services, and hardware sectors. The firm partners with management teams, providing deep sector expertise and strategic support to build market leaders. Its investment size typically ranges from USD 25 to 150 million per company.

Jason Babcoke

Co-Founder and Managing Director

Vincent Cao

Associate

Harvey Cornell

Associate

Jackson Dibble

Vice President

Ami Feng

Associate

Davis George

Investment Associate

Mark Haller

Managing Director

Vidisha Hemani

Associate

Bhoomika Jain

Associate

George Kadifa

Founding Partner and Managing Director

Sean Kendra

Vice President

Christoper Litster

Growth Partner

Chris Litster

Growth Partner

Jack McCabe

Principal

Mike McLaughlin

Growth Partner

Mitra, Sanjeet

Managing Partner and Investment Committee Member

Sofija Ostojic

Principal

Rupen Patel

Managing Director

Randy Randleman

Co-Founder, Managing Director and COO

Kyle Ryland

Founding Partner, Managing Partner and Chair Investment Committee

Pankti Shah

Vice President of Finance

Nick Sheehan

Vice President

Raymond Shen

Vice President

Blake Shott

Vice President

Nathan Stanley

Principal and Board Member

Shari Tang

Senior Associate

Smita Vasudev

Operating Principal

Jialin Zhang

Principal

31 past transactions

JobNimbus

Private Equity Round in 2024
JobNimbus is a developer of customer relationship management (CRM) and project management software tailored for contractors and business owners in the home services construction industry. The platform enables users to effectively track jobs, contacts, and tasks while facilitating the creation and management of workflows. Users can access essential client information and update lead details from any device, ensuring flexibility and efficiency. The software allows for the generation of estimates, invoices, proposals, work orders, and contracts, with features that automate tax calculations and document creation. Additionally, JobNimbus offers project management tools such as scheduling, calendar organization, and progress notifications, along with integration capabilities with Google Maps and Google Calendar. This comprehensive suite of features enhances visibility, productivity, and overall business growth for its users.

Aerospike

Private Equity Round in 2024
Aerospike, Inc. is a provider of a high-performance NoSQL database designed for real-time, mission-critical applications. Established in 2009 and headquartered in Mountain View, California, with additional offices in Bengaluru, London, and Or Yehuda, the company offers both enterprise and open-source versions of its database. Aerospike's platform is recognized for its speed, scalability, and reliability, achieving sub-millisecond latency for read and write operations through a combination of in-memory and on-disk storage, as well as a distributed architecture. It caters to developers building applications in various programming languages, including Java, Node.js, and Python, and is particularly suited for use cases such as real-time analytics, personalized recommendations, ad targeting, and fraud detection. In addition to its core database offerings, Aerospike provides community and enterprise support, educational resources, and consulting services to help organizations consolidate and optimize their digital data infrastructure.

Q4

Acquisition in 2023
Q4 Inc. is a cloud-based platform that specializes in providing investor relations (IR) and capital market solutions to public companies globally. Founded in 2005 and headquartered in Toronto, Canada, with additional offices in New York, Chicago, and Copenhagen, Q4 offers a comprehensive suite of tools designed to enhance communication and engagement between organizations and their investors. Their flagship product, Q4 Desktop, serves as an all-in-one IR solution that equips clients with the necessary insights and information for effective decision-making. The company designs and develops corporate websites, provides audio and video webcasting services, and delivers analytics and reporting tools that track trading activities and investor behavior. Q4 aims to improve the effectiveness of investor relations through innovative website solutions and a strong focus on storytelling, making it a trusted partner for over 2,200 prominent brands. Their services are delivered primarily on a subscription basis, utilizing a software-as-a-service model to support the diverse needs of their clients in the capital markets.

Consensus

Private Equity Round in 2023
Consensus is a software company that specializes in automating custom product demonstrations to enhance sales efficiency. Its demo automation platform offers interactive video demos that are tailored to individual prospects, ensuring that each potential buyer receives information relevant to their needs. By personalizing the demonstration experience, Consensus enables sales teams to engage the entire buying group more effectively and facilitates early consensus among decision-makers. The platform also gathers analytics and tracking data, which aids in improving close rates and shortening sales cycles. Ultimately, Consensus provides a streamlined approach to presales, helping businesses to scale their operations and increase sales performance.

Zappi

Private Equity Round in 2022
Zappi is a market research company founded in 2012 and headquartered in London, with additional offices in Boston and Cape Town. The company focuses on transforming how global brands access and utilize consumer insights by leveraging an AI-powered software suite that automates market research processes. By analyzing 1.2 billion historical consumer insights, Zappi helps brands identify promising marketing and product opportunities, enabling them to make informed decisions about market fit. Its platform facilitates the collection of multichannel customer data, offering actionable insights that enhance creativity and innovation while empowering teams to optimize their advertising and product development strategies. Recognized for its engaging workplace culture, Zappi has received accolades such as Best Place to Work by Quirk's Media and ranked among the hottest martech companies in 2022 by Business Insider.

beqom

Private Equity Round in 2022
Beqom is a cloud-based compensation management software provider, serving leading global enterprises. Its platform, CompComplete, comprises four key components: Pay Management for comprehensive total compensation delivery; Pay Intelligence for data-driven pay optimization; PayAnalytics for closing pay gaps and fostering fairness; and Pay Transparency for employee clarity on compensation and performance. Beqom's technology handles enterprise-scale complexity, enabling companies to meet regulatory requirements, optimize compensation decisions, and enhance business outcomes through unified data and AI-enabled insights.

Swiggy

Venture Round in 2022
Swiggy is an on-demand food delivery platform that connects customers with local restaurants, allowing them to order meals conveniently through a user-friendly app. The platform provides a comprehensive listing of nearby restaurants and their menus, enabling users to place orders and track deliveries in real-time. In addition to food delivery, Swiggy has expanded its services to include the pickup and drop-off of various items, such as laundry and documents, catering to both individual and business clients. By offering timely deliveries and promotional discounts, Swiggy aims to enhance the customer experience and ensure that meals are delivered fresh and promptly.

iProov

Private Equity Round in 2022
iProov Limited, founded in 2011 and based in London, specializes in biometric facial verification technology, providing secure authentication solutions for online users across various platforms, including smartphones, tablets, and laptops. The company offers products such as Verifier, which facilitates one-time face and palm biometric verification, and ID Matcher, which authenticates individuals by verifying their identity documents. iProov's technology is applied in a variety of sectors, including financial services, government applications, and enterprise markets, addressing needs such as onboarding, identity verification, border control, and access management. With a focus on enhancing user experience while ensuring robust security, iProov aims to protect against threats like credential theft and phishing attacks, thereby enabling organizations to implement efficient biometric authentication processes.

360Learning

Private Equity Round in 2021
360Learning is a developer of a collaborative learning solution designed to enhance employee training through collective expertise. The platform enables organizations to create, deliver, and refine training courses collaboratively, promoting bottom-up peer learning and addressing skills gaps more efficiently. It employs an iterative framework that allows for the rapid deployment of minimum viable courses, which can be continually improved based on peer feedback and data analysis. Coaches on the platform facilitate this process by ensuring that courses remain accessible and relevant. 360Learning supports various training needs, from onboarding new employees to equipping sales teams with updated product knowledge. Its integrations with systems like Salesforce and HR platforms enable businesses to track the impact of training on organizational goals. Since its inception in 2012, 360Learning has successfully transformed the training processes of over 1,200 organizations, including notable clients such as Axa, Criteo, and the Red Cross.

3Gtms

Private Equity Round in 2021
3Gtms, Inc. is a provider of multi-modal transportation management software solutions designed for shippers, logistics service providers, carriers, third-party logistics providers, freight brokers, and freight auditors. Founded in 2010 and headquartered in Shelton, Connecticut, with additional offices in Raleigh, North Carolina, Utrecht in the Netherlands, and Wayne, Pennsylvania, the company offers a comprehensive Transportation Management Suite that encompasses the entire transportation lifecycle, including rating, routing, tendering, tracking, and settlement. 3Gtms also features specialized solutions such as the Contract Management Suite and the LTL Rate Management Suite, which provide innovative alternatives to traditional rating tools. The company's cloud-based and on-premise offerings are complemented by support, training, and consulting services. 3Gtms has established a strategic alliance with Trimble, further enhancing its capabilities in transportation management.

Tasktop Technologies

Private Equity Round in 2021
Tasktop Technologies, Inc., established in 2007, specializes in value stream management software. Headquartered in Vancouver, Canada, with offices in Austin, Boston, and London, the company offers a platform that integrates with existing tools used in software development. Tasktop's solution provides automated synchronization of artifacts, DevOps integration, and data collection, enabling organizations to visualize, analyze, and optimize their software delivery processes. Serving industries such as financial services, insurance, government, and manufacturing, Tasktop helps align IT with business needs, facilitating better decision-making and improved workflows across teams.

Loopio

Private Equity Round in 2021
Loopio Inc. is a software company that specializes in content development and management solutions for proposal and business management. Founded in 2014 and headquartered in Toronto, Canada, Loopio provides a platform designed to streamline the response process for requests for proposals (RFPs), due diligence questionnaires (DDQs), and security questionnaires. The software enables organizations to efficiently organize and manage content, ensuring it remains up-to-date while facilitating collaboration among team members. Users can import complex requirements, search a centralized content repository, and assign tasks to subject-matter experts. Loopio's solutions enhance accessibility to critical sales content, ultimately increasing the efficiency of teams across various industries. The company also offers data migration, consultancy, and advisory services related to content development and management.

Ceros

Private Equity Round in 2020
Ceros is a cloud-based platform that specializes in experiential content creation, allowing marketers and designers to develop rich, interactive content without the need for coding or traditional web development. The software functions as a design studio that facilitates real-time collaboration on digital projects, enabling users to easily create and publish engaging content with just a click. This empowers brands to effectively share their stories and connect with their audiences in a dynamic manner.

SocialChorus

Venture Round in 2020
Agility is the greatest advantage in the modern marketplace. Enterprises that can’t adapt quickly can’t win. So we’ve made it our mission to help companies act proactively and react rapidly to achieve their business goals. The SocialChorus FirstUp platform is the communications backbone of the enterprise, enabling organizations to reach every employee–from the front line to the C-suite—with targeted information at the right time, in the right place and in the right language. At the same time, it unifies the digital workplace, giving workers personalized access to all the systems, resources and applications they need to do their jobs. Employees get a simplified workflow that helps them be more productive, while companies get enterprise-wide analytics and valuable intelligence on their workforce. That’s why the world’s largest employers, like Amazon, Ford and ABInBev, choose SocialChorus to move their business forward.

SocialChorus

Acquisition in 2020
Agility is the greatest advantage in the modern marketplace. Enterprises that can’t adapt quickly can’t win. So we’ve made it our mission to help companies act proactively and react rapidly to achieve their business goals. The SocialChorus FirstUp platform is the communications backbone of the enterprise, enabling organizations to reach every employee–from the front line to the C-suite—with targeted information at the right time, in the right place and in the right language. At the same time, it unifies the digital workplace, giving workers personalized access to all the systems, resources and applications they need to do their jobs. Employees get a simplified workflow that helps them be more productive, while companies get enterprise-wide analytics and valuable intelligence on their workforce. That’s why the world’s largest employers, like Amazon, Ford and ABInBev, choose SocialChorus to move their business forward.

Criteria

Private Equity Round in 2019
Criteria is a company that specializes in providing a web-based pre-employment testing platform designed to enhance the hiring process for organizations of all sizes. Its service, HireSelect, offers a range of assessments including aptitude, personality, and skills tests, which help employers streamline their hiring procedures, reduce employee turnover, and improve overall workforce productivity. With over 3,500 subscribers across various industries, Criteria emphasizes scientifically validated methods in its assessments, backed by a Scientific Advisory Board that includes experts from prestigious institutions such as Harvard University, Penn State University, the Wharton School, and Stanford University. By making professionally developed pre-employment tests easily accessible, Criteria enables companies to make more informed hiring decisions.

3Gtms

Private Equity Round in 2019
3Gtms, Inc. is a provider of multi-modal transportation management software solutions designed for shippers, logistics service providers, carriers, third-party logistics providers, freight brokers, and freight auditors. Founded in 2010 and headquartered in Shelton, Connecticut, with additional offices in Raleigh, North Carolina, Utrecht in the Netherlands, and Wayne, Pennsylvania, the company offers a comprehensive Transportation Management Suite that encompasses the entire transportation lifecycle, including rating, routing, tendering, tracking, and settlement. 3Gtms also features specialized solutions such as the Contract Management Suite and the LTL Rate Management Suite, which provide innovative alternatives to traditional rating tools. The company's cloud-based and on-premise offerings are complemented by support, training, and consulting services. 3Gtms has established a strategic alliance with Trimble, further enhancing its capabilities in transportation management.

GoGuardian

Private Equity Round in 2018
GoGuardian specializes in Chromebook management software designed to create a safe online environment for students while enhancing educators' ability to manage technology in the classroom. The company's software provides tools for filtering and monitoring school devices, effectively eliminating distractions and harmful content. Additionally, it includes features for classroom management and identifying students who may be at risk of self-harm or harm to others. With direct access to student device activity, parents can also stay informed. GoGuardian's insights and analytics further assist educators in streamlining instruction and fostering positive student behavior, ultimately aiming to maximize learning potential in a secure digital space.

Azuga, a Bridgestone Company

Acquisition in 2018
Azuga, Inc. is a company that specializes in GPS vehicle tracking and road usage charging solutions, primarily catering to commercial fleets, government agencies, insurance companies, and suppliers in the automotive industry. Founded in 2012 and based in San Jose, California, Azuga offers a comprehensive connected vehicle platform that transforms vehicle data into actionable insights. Its services include hardware, a unified software platform, and data analytics, which enable clients to enhance operational efficiency, improve safety, and minimize costs and risks. By providing tools for fleet management, such as video telematics and driver behavior monitoring, Azuga empowers its customers to effectively manage their fleets and reduce accident rates.

Kyriba

Series E in 2017
Kyriba, established in 2000 and headquartered in San Diego, California, specializes in SaaS-based treasury solutions. It offers a secure, scalable platform that connects internal treasury, risk, payments, and working capital applications with external data sources like banks and market providers. Kyriba's solutions enable financial leaders to plan for market volatility, manage risks, optimize cash and payments, and enhance decision-making, thereby protecting against financial losses and streamlining processes.

MDSL

Acquisition in 2017
MDSL provides cost management software solutions and services focused on telecoms and market data. Founded in 1995, MDSL began provided on-premise software to financial institutions to manage the growing costs of 'market data' contracts, an expense item that ranks in the top 5 of most trading banks. Given the specific complexity of trading-room telephony, the company added 'Market Voice Manager' to its portfolio in 1998 to help the same institutions manage their sprawling telecom estates. In 2003, the company began providing solutions 'on-demand' in an Application Service Provider model, and created 'Telecom Expense Manager' as a tool aimed at large, multinational enterprises.

Snow Software

Private Equity Round in 2017
Snow Software is a technology intelligence company that specializes in asset management software aimed at helping organizations effectively manage their technology consumption. Its platform offers comprehensive visibility and insight into software, SaaS, hardware, and cloud resources. By automating the reconciliation of license entitlements with actual software installations and monitoring both cloud and on-premise usage, Snow Software enables clients to optimize their software licenses and reduce costs. Additionally, the platform features mobile license management, user authentication, and advanced analytics, which equip IT leaders with the necessary tools to enhance performance and operational agility in a hybrid work environment.

Telesoft

Funding Round in 2016
Telesoft is a provider of telecom management solutions that specializes in fixed and mobile telecommunications, offering services designed to enhance cost savings and operational efficiency. Built on a fully integrated Purpose-Driven Platform, Telesoft Connect allows organizations to manage their telecom, IT inventory, assets, usage, and expenses through a single, user-friendly interface. The company's approach emphasizes a customer-centric delivery model tailored to meet specific organizational priorities, facilitating recurring expense management and enabling clients to achieve actionable insights and optimization in their telecom operations. With a focus on superior integration, visibility, and performance, Telesoft addresses the complexities of telecom expense management in the evolving landscape of managed mobility.

Buildium

Private Equity Round in 2016
Buildium, LLC is a Boston-based software company that specializes in cloud-based property management solutions for small businesses, including landlords, professional property management firms, and self-managed homeowners associations. Founded in 2004, Buildium's platform supports the management of over one million residential units across 46 countries. The software offers a comprehensive suite of features, including tools for leasing, advertising vacancies, tenant screening, document storage, and lease management. Additionally, it provides accounting and bookkeeping functionalities, as well as portals for tenants and rental owners to facilitate communication and streamline operations. Buildium’s products cater to various segments, including community associations, student housing, and affordable housing, ensuring that users can efficiently manage their properties and enhance their business performance.

Cybera

Private Equity Round in 2015
Cybera, Inc. is a provider of Security-as-a-Service virtual application networks, specializing in networking and security solutions for distributed enterprises both in the United States and internationally. Founded in 2000 and based in Franklin, Tennessee, the company offers a software-defined networking and network function virtualization platform designed to optimize security and connectivity for multi-location businesses. Cybera's services address regulatory compliance needs, such as PCI and HIPAA, while safeguarding sensitive corporate data and protecting consumers from identity theft. The company's offerings include a network security platform, endpoint protection, and fully managed security services, all tailored for various sectors including healthcare, retail, hospitality, and financial services. Cybera's solutions streamline operations through a consolidated network overlay, reducing complexity and costs while providing a straightforward billing process and cost-effective equipment options. As of December 2020, Cybera operates as a subsidiary of Professional Datasolutions, Inc.

ForeFlight

Series A in 2014
ForeFlight LLC specializes in digital flight planning and navigation software designed for pilots and flight crew members. Its flagship product, ForeFlight Mobile, provides essential tools for weather updates, route planning, and access to electronic charts, enhancing the efficiency of flight operations. The application also includes features for managing flight publications, logging flight time, and serving as a moving map for enroute navigation. In addition to mobile solutions, ForeFlight offers a web-based platform for flight planning and aircraft management. The company provides various tools such as Portable ADS-B Receivers for inflight weather and traffic information, a comprehensive logbook for tracking flight hours and certifications, and specialized services for military aviation. Founded in 2007 and headquartered in Houston, Texas, with additional locations in Austin and Portland, ForeFlight operates as a subsidiary of The Boeing Company, serving a diverse clientele that includes personal aviators, business aviation, and flight training organizations.

Talend

Venture Round in 2013
Talend is a provider of cloud data integration and data integrity solutions, designed to help organizations manage and operationalize disparate data effectively. The company offers a comprehensive suite of applications that streamline the data value chain, enabling users to collect, transform, govern, and share data efficiently. By integrating data and applications in real-time across various environments—such as big data, cloud, and traditional systems—Talend empowers organizations to tackle complex business challenges. This facilitates better strategic decision-making and enhances long-term business value by ensuring access to trusted data at the speed of business.

Healthgrades

Venture Round in 2012
Healthgrades, based in Denver, Colorado, is a prominent online resource that provides comprehensive information about healthcare providers, including physicians and hospitals. The platform is utilized by over one million individuals daily, helping them search, compare, and connect with healthcare professionals based on key factors such as experience, hospital quality, and patient satisfaction. As an independent healthcare rating organization, Healthgrades offers quality ratings, detailed profiles, and cost information for hospitals, physicians, nursing homes, and prescription drugs. This enables consumers to make informed decisions about their healthcare options by accessing critical information regarding provider experience and patient reviews.

Talend

Private Equity Round in 2010
Talend is a provider of cloud data integration and data integrity solutions, designed to help organizations manage and operationalize disparate data effectively. The company offers a comprehensive suite of applications that streamline the data value chain, enabling users to collect, transform, govern, and share data efficiently. By integrating data and applications in real-time across various environments—such as big data, cloud, and traditional systems—Talend empowers organizations to tackle complex business challenges. This facilitates better strategic decision-making and enhances long-term business value by ensuring access to trusted data at the speed of business.

i2

Private Equity Round in 2008
i2, Inc. is a company that specializes in visual investigative analysis software tailored for law enforcement, intelligence, military, and commercial sectors. Founded in 1990 and headquartered in McLean, Virginia, i2 operates regional offices in California and Canada, with additional training facilities in McLean, Sacramento, and Ottawa. The software developed by i2 enables users to track critical missions, facilitating the development of intelligence and problem-solving strategies to support informed decision-making and effective resource allocation. By providing advanced multi-dimensional analytics, i2's tools help analysts create actionable intelligence aimed at detecting and countering sophisticated threats. Additionally, the company offers consulting, training, and support services to enhance its software's effectiveness for clients across the United States, Canada, Mexico, Central America, South America, and the Caribbean.

Outspoken

Venture Round in 2007
Outspoken is a prominent SMS and MMS messaging platform based in the United States, specializing in high-volume text message aggregation and rich-media messaging. The company enables brands to effectively engage with consumers through mobile devices, leveraging advanced mobile messaging technologies such as text, picture, and video messaging. As a pioneer in mobile video and direct-carrier-connected aggregation, Outspoken supports messaging campaigns for thousands of businesses, helping them enhance customer awareness, engagement, and lifetime value. With headquarters in Los Angeles and additional offices in Boston and Seattle, Outspoken is majority owned by the private equity firm Silver Lake Sumeru.
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