K1 invests in small-cap AI-powered enterprise software, building mission-critical systems of record, with 68 portfolio companies and over 275 investments since inception.
K1 is one of the largest investors in small-cap AI-powered software, partnering early with founders and management teams to build category-leading, mission-critical systems of record for enterprise clients globally. The firm has invested in more than 275 companies since inception and currently holds 68 portfolio companies across enterprise software and technology. Its investment thesis concentrates on AI-powered software positioned as systems of record - durable, embedded platforms with recurring enterprise demand.
Operational value creation is delivered through K1 Operations LLC, an affiliate that supports portfolio companies in accelerating growth organically and inorganically, with emphasis on leadership development, technological innovation, and operational excellence. The results are measurable: portfolio run-rate EBITDA grew more than threefold in 2023, reaching approximately $500 million. Buyout portfolio revenue exceeded $2.1 billion as of December 31, 2023, on a two-year revenue CAGR of 32%.
On the exit side, K1 closed six liquidity events in 2023, evidencing an active realisation cadence alongside continued growth investment. Headquartered in Manhattan Beach, California, with global operations, the firm combines a team of experienced investors and operators dedicated to building market-leading software companies with a repeatable platform for scaling small-cap software assets.
