Fund VI & Prior Questions
This is JMI's most successful investment and one of the most successful SaaS tech IPOs ever.
What is ServiceNow?
This is a PLM (product lifecycle management) software provider that sells heavily into the electronic high tech and medical device verticals. We acquired the Company from venture investors that put ~$50m into the business over time. It was acquired by PTC in 2021.
What is Arena Solutions?
Provider of emergency notification software, mainly to corporate customers
What is AlertMedia?
This is a provider of Managed Detection and Response (MDR) software for managed service providers. It is a great name to reference for the MSP end market.
What is Huntress?
K12 communications platform. Has completed 2 AI-forward acquisitions
What is Apptegy?
This company is a contract lifecycle management (CLM) platform selling into corporate legal departments
What is Agiloft?
Non-profit fundraising software. JMI XII recapped our JMI IX position alongside LPs HarbourVest and Adams Street
What is Bloomerang?
This is the name of the company that John Moores founded and took public
What is BMC Software?
This is a Calgary-based, corporate giving and donation management platform for large enterprises like Nike, Google, and Apple.
What is Benevity?
This is the market leading provider of legal practice management software that we acquired alongside TCV in 2019.
What is Clio?
This is a proposal automation and payments/invoice platform for professional services firms. They are headquartered in Australia.
What is Ignition?
This is an employee benefits administration software that JMI originally invested in 2014 and then re-invested in 2021.
What is Businessolver?
Geospatial data integration platform. Ingests and translates data from a wide variety of data sources, and then export that data to a variety of target systems; the most common targets are GIS analysis tools (e.g., ArcGIS)
What is Safe Software?
Original JMI IX investment that was recapped by Thoma Bravo and then most recently Warburg Pincus
What is Raptor Technologies?
This is an end-to-end software provider for non-profits - including fundraising, CRM and accounting functionality. It went public in 2005 and is a good name to reference on any non-profit related call.
What is Blackbaud?
This is a student financial success platform for higher education. It is a good name to reference for any edtech call and was recapped by Dragoneer in 2020.
What is CampusLogic?
One of the largest HR tech businesses in the world, born from a merger in 2020.
What is UKG?
This company provides a property access solution to residential and commercial real estate. The business sells hardware as part of its offering.
What is ButterflyMX?
This company sells integrated academic and event scheduling, course demand projections, curriculum management, and online catalog solutions to higher ed institutions.
What is Coursedog?
JMI's largest new platform investment to-date ($375m check for JMI + LPs). Recap of a Serent-backed business
What is First Due?
Proprietary sourced $210m check into a critical infrastructure AI business. Shea-banked process
What is SewerAI?
This is an AdTech business we sold to Google for $3.1bn in 2007. It has been the focus of some antitrust issues over the past year.
What is DoubleClick?
This is the market leading provider of online community software for associations. Within the first 18 months of our hold, we executed 3 acquisitions.
What is Higher Logic?
This is the market leading ERP & PSA platform for government contractors. We brought in a new executive team and did the acquisition of Clearview within the first 6 months of our investment to expand TAM and to compete with a Roper owned business, Deltek.
What is Unanet?
This is a provider of integrated workspace, desk management and meeting room booking software. JMI invested with Thoma Bravo.
What is Eptura?
Edtech business run by two sister co-CEOs
What is Edsights?
Carlyle led investment, invited JMI in for "check help" to fill out the remainder of their round
What is Exiger?
$40m Series B proprietary sourced deal. Good example of investing in a smaller AI business ($10m ARR at investment)
What is gaiia?
This is a San Diego based provider of driver safety & compliance software / hardware for fleets. Part of the offering includes an in-vehicle camera, but the core value prop is recurring software analytics. Bonus points if you know the Company's former name.
What is Lytx (DriveCam)?
This is a lead scoring product and marketing automation tool for automotive dealerships. IHS acquired the company within 18 months of our hold for north of $500m. This is a good name to bring up on automotive calls and/or vertical marketing calls.
What is automotiveMastermind?
This is a marketing platform for multi-location enterprises
What is SOCi?
What is ChurnZero?
This is a proactively sourced sales and marketing platform for the hospitality industry.
What is Visiting Media?
Proprietary sourced minority recap of a Mainsail-owned business
What is Fullbay?