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Summit Partners

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Matthias G. Allgaier's photo - Managing Director of Summit Partners

Managing Director

Matthias G. Allgaier

CEO Approval Rating

75/100

Founded:

1984

Status:

Investment CompanyIndependent Company

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SUMMIT PARTNERS TOP COMPETITORS OR ALTERNATIVES

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COMPANY

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TA Associates is one of Summit Partners's top rivals. TA Associates's headquarters is in Boston, Massachusetts, and was founded in 1968. TA Associates operates in the Asset & Investment Management industry. TA Associates generates 427% of Summit Partners's revenue.

Level Equity has been one of Summit Partners's top competitors. Level Equity was founded in 2009 in New York, New York. Level Equity is in the Investment Management & Fund Operators industry. Level Equity generates $54.2M less revenue than Summit Partners.

Two Sigma Ventures is one of Summit Partners's top competitors. Two Sigma Ventures was founded in New York, New York} in 2001. Two Sigma Ventures operates in the industry. Compared to Summit Partners, Two Sigma Ventures generates $56.2M less revenue.

Summit Partners Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Animal Supply Company

Feb 2019

Source »
undisclosed
Animal Supply is an online retailer and wholesale distributor of pet food products.
MercuryGate International, Inc.

Aug 2018

Source »
undisclosed
MercuryGate develops a transportation management system that offers business intelligence, transportation optimization and fleet management solutions.
Sound Inpatient Physicians, Inc.

Apr 2018

Source »
$2.1B
Sound Physicians is a healthcare organization that provides emergency medicine, critical care and advisory services.

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-

Feb 2018

Source »
undisclosed
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Trintech, Inc.

Jan 2018

Source »
undisclosed
Trintech offers cloud software to automate & manage the financial close process, balance sheet reconciliations, journal entries & legal compliance.

These are all the companies that Summit Partners has acquired. Summit Partners has acquired 9 companies and its latest acquisition was Animal Supply Company in Feb 2019. Animal Supply is an online retailer and wholesale distributor of pet food products.

Summit Partners Funding History

Since Summit Partners was founded in 1984, it has participated in 7 rounds of funding. In total Summit Partners has raised $15.3B. Summit Partners' last funding round was on Jun 2020 for a total of $1.0B

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Investment Fund
Jun 2020
$1B
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Investment Fund
Jun 2020
$1.2B
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Investment Fund
Mar 2019
$4.9B
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Investment Fund
Jul 2017
$807M
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Investment Fund
Apr 2017
$4B
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Since Summit Partners was founded in 1984, it has participated in 7 rounds of funding. In total Summit Partners has raised $15.3B. Summit Partners' last funding round was on Jun 2020 for a total of $1.0B

Summit Partners Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Veranex is a North Carolina-based company that provides software validation, medical writing, project management and related services for medical device companies.
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Jun 15, 2021
Private Equity Round
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Formative is a California-based ed-tech platform that provides solutions including student engagement, live feedback and assignment scheduling for educational organizations.
$70M
Jun 14, 2021
Series A
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ReCharge is a California-based SaaS platform that provides subscription payment, billing management and related solutions for E-commerce companies.
$227M
May 05, 2021
Series B
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Klaviyo is a Massachusetts-based SaaS platform that provides solutions such as marketing automation, product recommendation and data integration for the E-commerce industry.
$320M
May 03, 2021
Series D
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Lingoda is a Germany-based online language learning platform that allows individuals to learn English, German, French and Spanish.
$68M
Apr 14, 2021
Equity
-

These are all the companies that Summit Partners has invested in. Summit Partners has invested 162 companies and its latest investment was Veranex in Jun 15,. Veranex is a North Carolina-based company that provides software validation, medical writing, project management and related services for medical device companies.

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Summit Partners Headquarters

222 Berkeley Street 18th Floor

Boston, Massachusetts02116

617-824-1000

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Summit Partners Summary

ABOUT

Overview

Summit Partners is a private equity firm that focuses on investing in IT, education, healthcare and life science sectors. Summit Partners was founded in 1984. Summit Partners' headquarters is located in Boston, Massachusetts, USA 02116. It has raised ...

CEO

Summit Partners's Managing Director, Matthias G. Allgaier, currently has an approval rating of 75%. Summit Partners's primary competitors are TA Associates, Level Equity & Two Sigma Ventures.

Frequently Asked Questions about Summit Partners

  1. When was Summit Partners founded?

    Summit Partners was founded in 1984
  2. Who is Summit Partners's CEO?

    Summit Partners's CEO is Matthias G. Allgaier
  3. How much revenue does Summit Partners generate?

    Summit Partners generates $71.7M in revenue
  4. How much funding does Summit Partners have?

    Summit Partners has historically raised $15.3B in funding
  1. Where is Summit Partners's headquarters?

    Summit Partners's headquarters is in Boston Massachusetts, USA
  2. How many employees does Summit Partners have?

    Summit Partners has 300 employees
  3. Who are Summit Partners's competitors?

    Summit Partners's top competitors are TA Associates, Level Equity, Two Sigma Ventures
  4. Who has Summit Partners invested in?

    Summit Partners's has invested in companies such as Veranex, Formative, ReCharge