Spectrum Equity Invests $163 Million in Zenwork

Susquehanna Growth Equity Invests in ZenQMS

October 4, 2022

Cloud & SaaS

Susquehanna Growth Equity (SGE) has made a significant minority growth investment in ZenQMS, a cloud-native electronic quality management (eQMS) software provider for life sciences companies. Financial terms were not disclosed; the investment is ZenQMS's first institutional capital and will support the company's plans to accelerate growth and expand its footprint in the regulated life sciences market.

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 Invests $100 Million in Netcraft

July 13, 2023

Cybersecurity

Growth-investment firm Spectrum Equity has made a $100 million minority/growth equity investment in London-based cybercrime disruption company Netcraft. The funding will support Netcraft’s expansion into the U.S., the build-out of sales and marketing teams, and further product and AI capability development; Netcraft also appointed Ryan Woodley as CEO.

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.

Morgan Stanley to Acquire EquityZen

October 29, 2025

Financial Services

Morgan Stanley announced it has entered into an agreement to acquire EquityZen, a private shares platform that connects shareholders of private companies with accredited investors. The deal is designed to strengthen Morgan Stanley’s private markets ecosystem by combining cap table management capabilities with an issuer-aligned private shares marketplace, with expected closing in early 2026 subject to regulatory approvals.

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.