Latest news with #JMIEquity
Wall Street Journal
2 days ago
- Business
- Wall Street Journal
JMI Equity Quickly Wraps Up $3.1 Billion Fund for Software Deals
Software-focused private-equity firm JMI Equity has raised a quick $3.1 billion for its 12th main fund, the firm's first since it completed a leadership transition. The firm wrapped up JMI Equity Fund XII in less than six months, with the fund closing on 29% more capital than its $2.4 billion predecessor. Almost all of the investors that backed the previous fund pledged commitments to the new vehicle, according to Managing Partner Peter Arrowsmith.
Los Angeles Times
29-07-2025
- Business
- Los Angeles Times
Boulevard Raises $80-Million Series D Round
Boulevard, a provider of the client experience platform for appointment-based, self-care businesses, raised $80 million in Series D funding led by JMI Equity, a growth equity firm focused on investments in software companies, with continued participation from Index Ventures and VMG Partners. 'We're ecstatic about the opportunity to collaborate with the team at JMI Equity and benefit from their extensive experience helping vertical SaaS companies grow and create generational brands,' said Matt Danna, chief executive and co-founder of Boulevard, in a statement. Boulevard leverages artificial intelligence to analyze booking patterns, appointment durations, and provider availability to suggest the most efficient appointment times. It is utilized by more than 40,000 professionals in 5,000 self-care businesses to book more than 2 million monthly appointments and process nearly $5 billion in payments annually. Revenue has increased by more than 500% since its last funding round in 2022. Information for this article was sourced from Boulevard.
