Elsewhere Partners continues to drive growth by partnering with capital-efficient B2B software companies in underserved markets. 2024 was a big year for the firm. A few highlights include:

• The launch of our third fund ($285M)
• 2 new platform investments (Deskpro and rater8)
• Successfully exiting our investment in Vyopta
• Announcing the promotions of Sloane Child and Nick Stoffregen to Partner
• The hiring of CEOs Brad Murdoch (Deskpro) and Rekha Shenoy (BackBox)
• Welcoming Jamol Williams (Sr. Associate) and Shannon Ward (Director of Talent) to the Elsewhere team

Our collaboration and commitment to founders remains steadfast and - with a robust pipeline of potential investments - we are well positioned to continue our momentum into 2025.

ActivTrak Surpasses $50M in Annual Recurring Revenue, Achieving 70% Year-Over-Year Enterprise Growth. Read more here.

In a recent feature with Cyber Defense Magazine, BackBox CEO Rekha Shenoy, discussed how they are tackling the growing challenges in network security. With the rise in vulnerabilities and cyber threats, organizations need smarter, faster solutions to stay protected. Read more here.

Great Place To Work US and Fortune magazine have named ActivTrak to the 2024 Fortune Best Workplaces in Technology™ List, ranking the company No. 44 in the small and medium category, No. 2 in Austin and No. 3 in Texas. Read more here.

Portnox CEO, Denny LeCompte was featured in the latest issue of Cyber Defense Magazine. In his article (pages 272-276), Denny dives deep into the evolution of Unified Access Control (UAC) and its critical role within a Zero Trust framework. Read more here.

GigaOm just dropped an exclusive Solution Brief on Greymatter.io's top performance in the 2024 GigaOm Radar Report for Service Mesh. Read more here.

Thomas Johnston joined rater8 as CFO. Thomas comes to rater8 from Vista Equity Partners where he spent 8 years in Finance and Operations for their Endeavor Fund.

Analyst - Elsewhere Partners

Elsewhere Partners is seeking an intelligent, motivated Analyst with a strong interest in private equity and enterprise software to drive the firm’s investment sourcing efforts.

Solutions Architect - ActivTrak

As a technical expert on the ActivTrak platform, you will guide customers through onboarding, technical implementation of the ActivTrak Platform, and custom data integrations while ensuring they achieve their business goals. 

Product Manager - Itential

As a Product Manager at Itential, you will play a key role in developing and enhancing products that meet the needs of our enterprise customers. You will be responsible for the end-to-end management of product development, from requirements gathering through launch and beyond.

Access the entire list of career opportunities via our Career Network.

Elsewhere Partners, a tech-focused private equity firm, invests in growth-ready lower middle market software companies around the globe. Elsewhere's team of experienced investors and software operators tailor growth plans for each unique portfolio company and offer complementary support across go-to-market, product, talent, finance, and strategy functions. Based in Austin, TX, Elsewhere has invested in 17 companies throughout North America, Europe and Israel since its inception in 2016.

Areas of Focus:

• B2B SaaS across IT Infrastructure, Cybersecurity, Business Applications, and Healthcare IT

Business Profile:

• $3-15M in ARR
• Headquartered in North America, Israel, Europe
• Bootstrapped or Lightly Capitalized

Transaction Type:

• Majority Recap
• Significant Minority