Acquisition: B2B SaaS
For its first acquisition, which was finalized in Q4 2020, Fund I acquired a telecom in the B2B SaaS niche. The highly-rated application now services thousands of small to medium size businesses, helping their teams. Since its acquisition, the fund team has executed numerous highly effective growth strategies, including operational optimization, and the release of new features. These strategies have proven incredibly successful, with the asset seeing MRR growth.