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Spectrum Equity is a growth equity firm that invests in market-leading internet-enabled software, information services, and consumer internet businesses. The firm focuses on companies with defensible and sustainable business models, strong recurring revenue, significant operating leverage, and structural competitive advantages, providing both capital and strategic support to help them scale.
Their most common stage is growth (49% of deals). Average disclosed round size is $125.3M (across 25 rounds with reported amounts).
Portfolio
35
Fund Size
$11B
Top Stage
Growth
Last 12 Mo
3
Team
PK
Parag Khandelwal
Founder & General Partner
MF
Mike Farrell
Managing Director
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
35 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 SavvyMoney | Growth | $225M | Oct 2025 |
 Quavo | Growth | $300M | Jul 2025 |
 Awardco | Series B | $165M | May 2025 |
| EEmpyrean Solutions | Growth | — | Nov 2024 |
 Lighthouse | Series C | $370M | Nov 2024 |
 Varicent | Growth | — | Jul 2024 |
| CCINC Systems | Growth | — | Dec 2023 |
| SSponsorUnited | Series A | $35M | Nov 2022 |
 WIN Reality | Growth | $45M | Jun 2022 |
 Customer.io | Unknown | — | Mar 2022 |
| SavvyMoney | Growth | $45M | Jan 2022 |
| OOTA Insight | Series B | $80M | Nov 2021 |
 AllTrails | Growth | $150M | Nov 2021 |
| ZZenwork | Series D | $162.5M | Nov 2021 |
 Goldbelly | Series C | $100M | May 2021 |
 Kajabi | Growth | $550M | May 2021 |
| Goldbelly | Growth | $100M | May 2021 |
 Ease | Series C | $41M | Mar 2021 |
 Otter.ai | Series B | $50M | Feb 2021 |
 OurFamilyWizard | Growth | — | Apr 2020 |
 Headspace | Growth | $93M | Feb 2020 |
 Scribd | Series C | $58M | Nov 2019 |
| Kajabi | Unknown | — | Nov 2019 |
 Visual Lease | Growth | — | Jul 2019 |
 Agilis Systems | Growth | — | Feb 2019 |
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Top Co-Investors
Meritech Capital3 shared
The Chernin Group2 shared
Advancit Capital2 shared
HG Ventures2 shared
F-Prime Capital2 shared
Eight Roads Ventures2 shared
Shake Shack1 shared
PSG1 shared
Tiger Global Management1 shared
TPG1 shared
Tidemark1 shared
Owl Rock1 shared
Iconiq Capital1 shared
Blisce/1 shared
Times Bridge1 shared
KKR1 shared
Highgate Technology Ventures1 shared
Permira1 shared
Accel1 shared
GGV Capital1 shared
Last updated: 13 March 2026