Spectrum Equity Leads Growth Investment in Benchmark Mineral Intelligence

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.

PSG Equity Makes Strategic Growth Investment in Benchmark Analytics

June 10, 2024

Cloud & SaaS

Benchmark Analytics, a Chicago-based SaaS provider of data-driven personnel and risk management solutions for law enforcement, has received a strategic growth investment from PSG Equity. The investment will support product enhancement and expansion of Benchmark’s analytics, early-intervention, and personnel management offerings for public safety agencies across the U.S.

Benchmark Mineral Intelligence Acquires Rho Motion

June 1, 2024

Data & Analytics

Benchmark Mineral Intelligence has acquired Rho Motion, a London-based energy transition data and market intelligence provider. The deal expands Benchmark's coverage into downstream EV, powertrain, energy storage, EV charging, semiconductors and related markets, creating a larger end-to-end energy transition data platform.

Spectrum Equity Leads $156M Investment in VBA

August 21, 2023

Software

Spectrum Equity has invested $156 million to acquire a majority stake in healthcare benefits software company VBA, with existing investor Arthur Ventures participating. The funding will be used to accelerate product development and grow headcount as Spectrum partners with VBA’s management by joining the board.

Vista Equity Partners Provides Minority Growth Investment in Benchmark Gensuite

April 25, 2023

Cloud & SaaS

Benchmark Gensuite, a Cincinnati/Mason-based provider of EHS, Sustainability and ESG reporting software, received a minority growth investment from Vista Equity Partners' Endeavor Fund. The undisclosed investment — Vista will take a board seat — will be used to accelerate product development, deepen customer partnerships, and expand the company's market reach.

Spectrum Equity and 22C Capital Lead $200M Growth Investment in RapidRatings

February 14, 2022

Data & Analytics

RapidRatings received a $200 million growth investment led by Spectrum Equity and 22C Capital to accelerate its financial health data and analytics platform. FTV Capital will remain on the board as an existing investor; the capital will support product and commercial expansion to improve visibility into supplier and counterparty financial risk.