Recur SoftwareRecur Software acquires mission-critical software companies and grows them by leveraging fintech and generative AI.Recur SoftwareHenry Jefferies and Charlie Serota are the founders of Recur Software. Prior to Recur, Henry and Charlie spent their careers investing across stages (early, growth, buyout/M&A) at top institutions such as Accel, Goldman Sachs, and General Atlantic.Who founded Recur Software? Can you share a little about Recur Software? Winning in this market requires a successful investment track record and a proprietary right to win competitive acquisition deals. Henry and Charlie fit the bill given they have collectively deployed over $600M and are uniquely able to apply emerging tech to drive post-acquisition growth courtesy of their backgrounds in early-stage venture.What makes this team special? How does the product solve customer problems? Mission-critical software companies are at risk of getting left behind in the age of generative AI because they do not have the tech resources available to large enterprises or VC-backed tech startups. To solve for this, Recur is packaging dedicated generative AI integration support alongside traditional solutions like exit liquidity.Competitors have little to offer to portfolio companies post-acquisition beyond advisory. Recur is moving the needle with a tech platform that can drive industry-leading organic growth for portfolio companies, which in turn positions Recur as an ideal acquirer.What differentiates the product? What attracted you to the market? Apart from the fact that the largest incumbent, Constellation Software, is trending towards a $100B market cap and TAM growth is outpacing TAM capture by incumbents, we were excited to discover that this market is still underserved by generative AI.How can I get in touch with Recur Software? Please feel free to reach out to Henry Jefferies and
Charlie Serota overAkul Penugonda over Linkedin Akul Penugonda over Linkedin Akul Penugonda over Linkedin Please feel free to reach out to Akul Penugonda over Please feel free to reach out to Akul Penugonda over Please feel free to reach out to Akul Penugonda over Charlie Serota over Linkedin
Recur Software acquires mission-critical software companies and grows them by leveraging fintech and generative AI.Henry Jefferies and Charlie Serota are the founders of Recur Software. Prior to Recur, Henry and Charlie spent their careers investing across stages (early, growth, buyout/M&A) at top institutions such as Accel, Goldman Sachs, and General Atlantic.Who founded Recur Software? Can you share a little about Recur Software? Winning in this market requires a successful investment track record and a proprietary right to win competitive acquisition deals. Henry and Charlie fit the bill given they have collectively deployed over $600M and are uniquely able to apply emerging tech to drive post-acquisition growth courtesy of their backgrounds in early-stage venture.What makes this team special? How does the product solve customer problems? Mission-critical software companies are at risk of getting left behind in the age of generative AI because they do not have the tech resources available to large enterprises or VC-backed tech startups. To solve for this, Recur is packaging dedicated generative AI integration support alongside traditional solutions like exit liquidity.Competitors have little to offer to portfolio companies post-acquisition beyond advisory. Recur is moving the needle with a tech platform that can drive industry-leading organic growth for portfolio companies, which in turn positions Recur as an ideal acquirer.What differentiates the product? What attracted you to the market?Apart from the fact that the largest incumbent, Constellation Software, is trending towards a $100B market cap and TAM growth is outpacing TAM capture by incumbents, we were excited to discover that this market is still underserved by generative AI.How can I get in touch with Recur Software? Please feel free to reach out to
Henry Jefferies and Charlie Serota overHow does Hico support its portfolio companies post-investment?
"Our global investment platform provides support to portfolio companies across key corporate functions, including business development, marketing, fundraising, and talent. In addition, our collaboration-friendly approach to venture allows us to tap into the resources of:
- SK Networks: SK Networks is the inceptive unit of SK Group, a F500 conglomerate. As an anchor LP to our fund, SK Networks is committed to supporting our portfolio companies in efforts spanning fundraising, internationalization, and business plan execution.
- Bow Capital: a University of California ecosystem fund that invests in Series A startups. Our partnership with Bow Capital allows our portfolio companies to gain exclusive access to the University of California, sports and media, and Silicon Valley titans.
LinkedinAre there areas that Hico does not invest in?
Please feel free to reach out to us over Recur Software
Legal
Bow Capital Management, LLC (“Bow Capital”) is an independent investment adviser that is not affiliated with Hico Ventures. Bow Capital has not prepared, and is not responsible for, the contents of this site.
Legal
Bow Capital Management, LLC (“Bow Capital”) is an independent investment adviser that is not affiliated with Hico Ventures. Bow Capital has not prepared, and is not responsible for, the contents of this site.
