K1 Invests in XTM International

Sumeru Equity Partners Leads $175M Growth Investment in K1x

April 16, 2026

Data & Analytics

K1x, an AI-native private markets tax data platform, announced the closing of a $175 million growth investment led by Sumeru Equity Partners, with additional investment from Edison Partners. Sumeru will become the majority shareholder as K1x accelerates its mission to digitize the K-1 ecosystem and expands its AI-driven tax data infrastructure.

XTM International Acquires TXTOmedia

May 7, 2025

Software

XTM International has acquired TXTOmedia, an AI-powered video automation company that creates and localizes training and instructional videos at scale. The acquisition expands XTM's localization platform to include automated video creation and end-to-end multimedia localization capabilities, enabling customers to produce and regenerate localized videos across 100+ languages.

XTM International Acquires Transifex

January 30, 2025

Cloud & SaaS

XTM International has acquired Transifex, a SaaS-based localization and translation management platform. The deal brings Transifex’s AI-driven continuous localization capabilities into XTM’s enterprise-grade translation platform to accelerate real-time, scalable multilingual content delivery for global customers.

K1 Investment Management Makes Strategic Growth Investment in Board Intelligence

August 5, 2024

Cloud & SaaS

K1 Investment Management has made a strategic growth investment in Board Intelligence, a UK-based AI-powered board management software platform. The investment will support product and geographic expansion, organic growth, and strategic acquisitions; founders Jennifer Sundberg and Pippa Begg remain minority shareholders while K1 becomes the only institutional investor.

K1 Investment Management Makes Majority Investment in XTRF

September 22, 2021

Cloud & SaaS

K1 Investment Management has made a majority growth investment in XTRF, a Kraków-based provider of cloud translation management software, to accelerate product development and global expansion. The partnership will fund XTRF’s continued product innovation and portfolio expansion to better serve translation agencies, corporate language departments and public organizations.

K1 Investment Management Invests $200M in Onit

January 8, 2019

Cloud & SaaS

Onit, a provider of enterprise workflow and legal operations software, secured a $200 million strategic investment from K1 Investment Management to accelerate global growth, product development and go-to-market expansion. The capital will be used to scale operations, enhance the platform and support new product development to meet rising client demand.