Investment Metrics, a leading provider of performance measurement, investment analytics, risk attribution, market intelligence and reporting software to the investment management industry, today announced that it has received a significant equity investment from Resurgens Technology Partners and HarbourVest Partners. The new partnership will enable Investment Metrics to make continued investments in its existing solutions and to support its growth and market expansion globally.
“Investment Metrics was looking for strategic investors with the experience, resources and network to help scale our business as we support some of the largest financial services organizations in the world,” said Sanjoy Chatterjee, Chief Executive Officer of Investment Metrics. “Resurgens’ operational expertise and proven track record in building vertical software companies, combined with HarbourVest’s global platform, relationships and reach, is the ideal partnership for Investment Metrics’ customers and employees.”
“We are excited to welcome Investment Metrics to the Resurgens family,” said John Baumstark, Co-Founder and Managing Director at Resurgens Technology Partners. “The Investment Metrics team has done an outstanding job building a great company with a world-class customer base and we anticipate a close working relationship, using our operator-centric model to help the company reach its full potential.”
“We are very pleased to complete this investment in Investment Metrics,” said Fred Sturgis, Co-Founder and Managing Director at Resurgens Technology Partners. “Along with HarbourVest, we look forward to partnering with Investment Metrics as they embark on an exciting phase of product, customer and global market expansion.”
Marlin & Associates served as exclusive strategic and financial advisor to Investment Metrics in connection with this transaction.