Get To Grips With Equity.com
Based in St.Louis, Missouri, Equity.com is an incubator focused on investing in technology-enabled businesses. The company focuses on building and growing high-performing businesses from grassroots to multi-million dollar companies.
What Is Equity.com?
As one of the leading technology investment funds in the US, the investment firm has come in leaps and bounds since the early days. The company is headed by David and Chris, serial entrepreneurs with 17 years of experience in the business.
Between them, they had founded eight start-ups by their early 30s, boasting $250 million in revenue ($100 million+ in SaaS revenue) at an exit of $960 million. While the pair’s focus is on Equity.com, David and Chris are also active board members at Varsity Tutors, which is the leading online tutoring platform in the States.
The Equity.com Blueprint
At the core of any successful investment firm are its foundations that ensure the company consistently and accurately yields the profits it promises to customers. In the case of Equity.com, the core thesis brings together trends, technology, and testable strategies, backed by the right team to grow and evolve.
Great companies are built on the ability to adapt and expand to the ever-changing marketplace, ensuring that they produce significant returns for shareholders. For Equity.com, whatever the investment prospect, they ensure they keep their core values firmly in place with the four following points:
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Multi-stage fund investing from incubation to public companies.
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A partnership of serial entrepreneurs from the tech space.
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A company proudly based out of St. Louis, Missouri.
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Pursue investment opportunities in non-profit organizations.
One main aspect that separates the firm from others is the ability to stay humble and focus on its principles to ensure it delivers repeatedly.
Equity.com Portfolio
Equity prides itself on its diversity of investments. While the focus is on tech, within the sector, the firm is broad reaching. Let’s look at some of the biggest profiles in the Equity.com Portfolio.
Capacity
Capacity is an AI-powered support automation platform. It provides teams and customers with up-to-date knowledge and automated workflows, combines apps, documents and tacit knowledge, and automates processes through a single chat-based interface. Equity.com led the seed round for Capacity and has backed its subsequent rounds.
Complete CSM
Complete CSM boosts Customer Success teams through AI and predictive intelligence to expand insights and perform optimal customer actions. In 2022, Complete CSM won Equity.com’s SaaStr Pitch competition and received Seed funding.
Crossbar
Crossbar is a sports management platform that assists clubs, leagues, facilities, and tournament organizers. It has partnered with hundreds of clubs nationwide, registering tens of thousands of players and managing millions of dollars in transactions. Equity provided the funding for Crossbar’s Seed round.
GAIA
Equity recently participated in GAIA’s Series C funding round. GAIA is an eCommerce furniture platform that provides customers with home furnishing and design products, such as sofas, chairs, tables, desks, rugs, and textiles, at affordable prices.
Kahani
Kahani is an interactive, smartphone-based platform that facilitates a visual and dynamic experience, assisting people in identifying and purchasing the appropriate products quickly.
Largely
Equity has recently participated in the Series Seed round for Talentify, a talent marketing platform enabling companies to capture and leverage employee stories to find top-tier employees easily.
Paragon One
Paragon One offers work-based learning experiences and partnerships with major companies, such as PwC, Pfizer, HP Tech Ventures, Beats by Dr. Dre, The Home Depot, Meta, and Snapchat. These collaborations help accelerate corporate social impact efforts, meet DEI hiring goals, and support employee volunteering and mentorship activities.
Create A Loop
Create a Loop is a nonprofit with an overarching mission of expanding computer science education to all communities, regardless of race, gender or socioeconomic status. In 2017, Equity.com was instrumental in launching Create a Loop and its initiatives.
Given the fast-growing portfolio, the company boasts, there are many examples of some of the success stories at Equity.com. Here are just a few.
Answers
Answers Corporation was founded by Equity founders and merged with Answers.com in 2011 in a take-private transaction. In 2014, Apax Partners acquired Answers.com for $960 million, spinning out the original business.
OneSpace
OneSpace provides a suite of tools and on-demand services to help position CPG brands on the digital shelf. This strategy was acquired by a strategy in 2021 to help further brands gain a competitive advantage in the digital marketplace.
Nerdy
Nerdy (NYSE: NRDY) is an innovative platform for live online learning, combining AI and purpose-built technology to link learners with experts. It offers 3,000+ learning experiences in varied formats, such as one-on-one tutoring, small group classes, and self-study. Varsity Tutors, Nerdy’s premier service, is among the biggest providers of live online tutoring in the US. Its solutions can be accessed directly by students/consumers or via schools and other institutions. Equity.com was the foremost institutional investor in 2014 when it funded a Series A round for Nerdy. The company oversaw its New York Stock Exchange launch in September 2021.
Sendouts
Sendouts was an Applicant Tracking Software (ATS) platform servicing over 1,000 recruiting divisions and independent search firms. Bullhorn, sponsored by Vista Equity Partners, acquired it, providing eight times the Cash-on-Cash investment return.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.