United States · 
What does Spectrum Equity invest in?
Spectrum Equity invests most often at Growth and Series B (48% of the rounds on record), in sectors such as Collaboration Tools, Recurring and SaaS.
Spectrum Equity highlights
- 01
2 cheques in the last 12 months
- 02
Mostly Growth and Series B: 48% of its rounds
- 03
Sole investor in 23 rounds, median $50M
- 04
9 exits from the portfolio
What they do
Spectrum Equity is a growth equity firm building value through shared perspective, strategic connections, and focused commitment.From their own website
- Type
- Private equity (from a list, unverified)
- Cheque size
- Not stated
- Stages
- SeedSeries ASeries BGrowth
- Sectors
- Collaboration ToolsRecurringSaaS
- Based in
- Boston, United States
- Cold pitches
- Not stated
The record
Every round we can evidence, newest first55 appearances
- 2026
2 rounds
- Sept
- Feb
- 2024
1 round
- Nov
- 2019
3 rounds
- Nov
- Nov
- Sept
- 2018
2 rounds
- Oct
- Jun
- 2017
1 round
- Sept
- 2016
1 round
- Sept
- 2015
9 rounds
- Oct
- Oct
- Oct
- Sept
- Jul
- Jul
- Jun
- Mar
- Jan
- 2014
5 rounds
- Dec
- Nov
- May
- May
- Jan
- 2013
3 rounds
- Aug
- May
- Jan
- 2012
2 rounds
- Sept
- Jun
- 2011
3 rounds
- Jun
- Jun
- Feb
- 2009
3 rounds
- Oct
- Sept
- Apr
- 2007
4 rounds
- Oct
- Oct
- Sept
- Jul
- 2006
5 rounds
- Sept
An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.
The team
Named by the firm itself, on a filing, its Form ADV or its company registration21 named
AJAdam J. MargolinManaging Director of the General PartneriFiling they signed
BCBenjamin Carl SperoManaging Director of the General PartneriFiling they signed
BMBrian Matthew ReganTreasurer, Chief Financial Officer & Assistant SecretaryiForm ADV
BBBrion B. ApplegateManaging Director of the General PartneriFiling they signed
CACarolina Alvarez PicazoChief Administrative Officer, Chief Compliance Officer & Corporate SecretaryiForm ADV
CTChristopher Thomas MitchellManaging Director of the General PartneriFiling they signed
JJJames J. QuagliaroliManaging Director of the General PartneriFiling they signed
JCJeffrey C. HaywoodManaging Director of the General PartneriFiling they signed
JCJohn ConnollyManaging Director of the General PartneriFiling they signed
LJLeah J. PalmerManaging Director of the General PartneriFiling they signed
MNMatthew NeidlingerManaging Director of the General PartneriFiling they signed
MRMichael RadonichManaging Director of the General PartneriFiling they signed
MWMichael William FarrellManaging Director of the General PartneriFiling they signed
PKParag KhandelwalManaging Director of the General PartneriFiling they signed
PTPeter T. JensenManaging Director of the General PartneriFiling they signed
RJRandy J. HendersonManaging Director of the General PartneriFiling they signed
RPRonan P. CunninghamManaging Director of the General PartneriFiling they signed
SMStephen Matthew LesieurManaging Director of the General PartneriFiling they signed
VEVictor E. Parker, Jr.Managing Director of the General PartneriFiling they signed
VEVictor Elfendahl ParkerPresidentiForm ADV
WPWilliam P. CollatosManaging Director of the General PartneriFiling they signed
We also hold 51 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.
What the register says
From the firm's own filings with the SEC, which it must file accurately by law
$7.3Bassets it managesOct 2026
6+funds on filenumbered funds in its name
Registeredinvestment adviserfull reporting to the SEC
- Legal name
- Spectrum Equity Management, Inc.
- SEC number
- CRD 160619
Funds on its Form ADV
29 private funds, $5.4B in gross assets · filed Mar 2024
- Spectrum Equity VII, L.P.Private equity84 investors$1.7B
- Spectrum Equity VIII - A, L.P.Private equity54 investors$1.3B
- Spectrum Equity IX-A, L.P.Private equity65 investors$1.0B
- Spectrum Equity VIII - B, L.P.Private equity30 investors$359M
- Spectrum Equity IX-B, L.P.Private equity31 investors$264M
- Spectrum Select Opportunities-A, L.P.Private equity14 investors$142M
- Spectrum Discretionary Overage Program IIPrivate equity27 investors$125M
- Spectrum Equity X-A, L.P.Private equity65 investors$115M
- Spectrum Equity Discretionary Overage ProgramPrivate equity28 investors$85M
- Spectrum Equity LS, L.P.Private equity7 investors$61M
And 19 more on the filing.
Who backs their funds
2 LPs on record in Spectrum Equity's funds
- Committed
- $670M
- Funds
- 7
- Vintages
- 2000 to 2024
The institutions that put money into its funds, which the firm then invests in companies.Source: the pension's own report, latest Mar 2026.
- California State Teachers Retirement System6 funds$570M
Fund Vintage Committed Spectrum Equity X-A 2024 $125M Spectrum Select Opps A 2021 $35M Spectrum Equity IX - A 2020 $125M Spectrum Equity VIII-A 2018 $110M Spectrum Equity VII 2014 $105M Spectrum Equity Investors VI 2010 $70M 
Washington State Investment Board1 fund$100MFund Vintage Committed Spectrum Equity Investors IV 2000 $100M
Exits from the portfolio
Companies it backed that were later bought or listed9 in all
VendavoBought by Francisco PartnersUndisclosedOct 2014
Business Monitor InternationalBought by Fitch GroupUndisclosedMar 2014
ITA SoftwareBought by Google$700MApr 2011
AncestryListedUndisclosedNov 2009
SilverBack TechnologiesBought by DellUndisclosedJul 2007
ViAirBought by VistoUndisclosedJun 2003
Geneva TechnologyBought by ConvergysUndisclosedMar 2001
An exit counts when it came after the firm's first round in the company. From historical deal records.
Companies it bought
Acquisitions by the firm itself
ExactBidUndisclosedDec 2014