Our Approach

Who We Are

Klass is a long term-oriented private equity firm that invests in enterprise software businesses with great growth potential. Klass is backed by a large U.S. institutional investor and high net worth individuals. We make equity investments of $5-50 million and are open to minority or control ownership.

Why We’re Unique

• Long-term approach – We have long-term committed capital and the flexibility to hold our investments for a longer time period than traditional funds. We strongly believe that the best software companies are built with a long-term mindset.

• Highly focused on talent –  Klass Talent, our in-house recruitment and talent acquisition team, supports portfolio companies as they scale. We are more than an investor. We partner with our companies to help them to grow their teams. Technology is important but the best software companies are built on the relationships and knowledge of long-tenured and experienced teams.

• Deep enterprise software experience – We have been acquiring and providing growth capital to mission-critical SaaS businesses for over 10 years. We have developed a collaborative community of software executives across North America and Europe.

Investment Criteria

Investment Size

• $5-50M per investment
• Seeking a minority or control stake

Technology Attributes

• Workflow application and/or vertical market software
• Mission-critical solution that is not easily replicable
• Targeting medium and large enterprises

Financial Criteria

• Annual Recurring Revenue of $3-20 million
• At least 65% of revenue coming from SaaS
• Cash flow positive or near break even
• Strong customer retention of over 90%

Geography

• Headquartered in North America or Europe