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o9 Solutions Announces Investment from KKR

Apr 28, 2020•over 5 years ago
New YorkFinancial Services

Description

o9 Solutions, Inc. (“o9”) today announced a minority equity investment from KKR that values the company at over a billion dollars. o9’s AI-powered Integrated Business Planning platform helps leading global enterprises drive digital transformation and has grown annual recurring revenue by more than 100% in the last year. This first external capital raise in o9’s history will accelerate the go-to-market initiatives for its next-generation technology across industry verticals and global markets.

Company Information

Company

KKR

Location

New York, New York, United States

About

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries.

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