Spectrum Equity Leads $156M Investment in VBA

Spectrum Equity Invests $300M Growth Round in Quavo, Inc.

July 22, 2025

Cloud & SaaS

Quavo, a Wilmington, Delaware-based provider of cloud-based fraud and dispute management software, secured a $300 million growth investment from growth equity firm Spectrum Equity. The capital will accelerate Quavo's AI-led product development and expand its go-to-market and client success teams; existing investor FINTOP Capital will sell its stake while founders and Pegasystems remain significant shareholders.

Spectrum Equity and Blue Venture Fund Invest in PWNHealth

September 1, 2020

Healthcare Services

Spectrum Equity led a significant growth investment in PWNHealth, with participation from the Blue Venture Fund, to support the company's expansion of diagnostic testing enablement and telehealth services. As part of the deal, Spectrum and BVF representatives will join PWNHealth's board; financial terms were not disclosed.

Spectrum Equity Leads Growth Investment in Benchmark Mineral Intelligence

November 17, 2023

Data & Analytics

Benchmark Mineral Intelligence has taken its first-ever outside equity investment, led by growth equity firm Spectrum Equity. The capital will support Benchmark's expansion of its lithium-ion battery and EV supply chain pricing, data and advisory products and accelerate its global growth.

Warburg Pincus, Great Hill Partners and Spectrum Equity Invest in Varicent

July 16, 2024

Cloud & SaaS

Varicent, a Toronto-based leader in sales performance management (SPM) SaaS, announced a strategic growth investment led by Warburg Pincus with participation from existing investors Great Hill Partners and Spectrum Equity and company management. The capital will be used to accelerate Varicent’s AI-driven capabilities, expand its Revenue Performance Engine, and support potential strategic acquisitions and global market expansion; the deal is expected to close in Q3 2024.

Vista Equity Partners Makes Majority Investment in Quick Base

January 14, 2019

Cloud & SaaS

Quick Base, a Cambridge-based low-code SaaS platform for building customized business applications, has signed a definitive agreement to receive a majority investment from Vista Equity Partners. Current investor Welsh, Carson, Anderson & Stowe will retain a significant stake; the partnership is intended to accelerate Quick Base's growth and expand its market reach.

Spectrum Equity and Health Enterprise Partners Lead Majority Recapitalization of Payer Compass

January 4, 2019

Healthcare Services

Payer Compass, a Dallas-based provider of healthcare reimbursement technology and price transparency solutions, received a majority recapitalization led by growth equity firm Spectrum Equity alongside Health Enterprise Partners. The investment will support product and go-to-market expansion across health plans, self-insured employer groups, third-party administrators and brokers; representatives from both investors will join Payer Compass’ board.