K1 Investment Management Invests Over $150M in GoCanvas

Nemetschek Group Acquires GoCanvas from K1 Investment Management

June 6, 2024

Cloud & SaaS

The Nemetschek Group has signed a definitive agreement to acquire all shares of GoCanvas Holdings, Inc., a Reston, Virginia-based provider of field worker collaboration SaaS. The all-cash deal (announced June 2024) expands Nemetschek’s Build & Construct portfolio, strengthens its U.S. presence and accelerates GoCanvas’s subscription/SaaS growth; seller K1 Investment Management completed a strategic exit.

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.

K1 Investment Management Invests in Digital Pharmacist

March 11, 2019

Cloud & SaaS

K1 Investment Management made a substantial growth investment (reported over $100 million) in Digital Pharmacist Inc. to help the Austin-based SaaS company scale operations, accelerate product development, and expand its digital patient–pharmacy engagement platform used by thousands of pharmacies. The company will continue to be led by its existing management team while leveraging K1's operational support and capital to consolidate market position.

K1 Investment Management Commits $25 Million to AppLearn

September 18, 2019

Cloud & SaaS

K1 Investment Management has led a $25 million funding commitment in AppLearn, a Manchester-based provider of AI-powered Digital Adoption Solutions, to accelerate product development, sales and global expansion. The capital will support growth of AppLearn’s ADOPT platform and the company’s planned expansion into new geographies such as the United States.

K1 Investment Management Invests $117M in Ocelot

September 28, 2022

Education

K1 Investment Management invested $117 million in Ocelot, a Boulder-based edtech AI communications and student engagement platform. The growth capital will be used to fuel expansion, build new functionality, and develop additional solutions for colleges and universities to improve student engagement and retention.

K1 Investment Management Invests in Graduway

August 7, 2019

Cloud & SaaS

K1 Investment Management has made a growth investment in Graduway, a U.K.-headquartered provider of alumni engagement and career services management software. The capital will support Graduway’s product-suite expansion, accelerate growth in North America, and strengthen its market position; financial terms were not disclosed.