Surge Ventures acquires Kovair Software to launch industry-leading data integration platform for wealth management
Acquiring Company
Surge Ventures
Acquired Company
Kovair Software
Menlo ParkMenlo ParkFinancial ServicesVenture CapitalInformation TechnologySoftwareEnterprise SoftwareSaaSDescription
Surge Ventures, a forefront investor in transformative technology, has strategically acquired Kovair Software, launching a groundbreaking enterprise integration platform for the wealth management industry. This acquisition aims to revolutionize wealth management through innovative technology solutions, led by the new CEO Sid Yenamandra, to address the industry's demand for secure and unified data integration solutions.
Quick answer
Surge Ventures is acquiring Kovair Software, announced April 10, 2024. Surge Ventures is based in Menlo Park, California, United States.
- How much did Surge Ventures pay for Kovair Software?
- The deal value was not disclosed.
- What does Surge Ventures do?
- Surge Ventures is a SaaS venture studio focused on the financial services and wealth management industry.
- Where are Surge Ventures and Kovair Software based?
- Surge Ventures is based in Menlo Park, California, United States. Kovair Software is based in Menlo Park, California, United States.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Venture Capital
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Powerfleet, Inc and MiX Telematics Limited Complete Business Combination to Create Global AIoT SaaS Provider (April 2, 2024)
- Zilliant concludes acquisition of In Mind Cloud, Strengthening Pricing Lifecycle Solutions (March 28, 2024)
- Permira acquires Squarespace in a $6.9 billion deal to accelerate business growth, $6.9B (May 21, 2024)
- AST acquires Symatrix to expand global reach in Oracle Cloud Services (May 20, 2024)
- Blackstone to Acquire Majority Stake in Priority Software to boost ERP software market position (May 16, 2024)
- Accel-KKR completes acquisition of Accertify, Inc. from American Express to drive accelerated growth and innovation (May 2, 2024)
Who to call at Surge Ventures, and when
When Surge Ventures changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Surge Ventures raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Surge Ventures, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Surge Ventures. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Surge Ventures makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Kovair Software?
Kovair Software was acquired by Surge Ventures, based in Menlo Park. The deal was reported on April 10, 2024. Surge Ventures is a SaaS venture studio focused on the financial services and wealth management industry. Surge Ventures is privately held and operates in Financial Services.
When did Surge Ventures acquire Kovair Software?
Surge Ventures's acquisition of Kovair Software was reported on April 10, 2024. Surge Ventures, a forefront investor in transformative technology, has strategically acquired Kovair Software, launching a groundbreaking enterprise integration platform for the wealth management industry. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Kovair Software do?
Kovair is a pioneer in software development and data integration solutions. It is known for its robust, flexible platforms that boost organizational efficiency and productivity. It is privately held, operating in Information Technology, and is based in Menlo Park.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.