Altvia achieved triple-digit growth quarter-over-quarter in Q4 2020 Post-Bow River Capital’s growth equity investment.
The company’s accelerating momentum is catalyzed by private and public capital market firms rapidly adapting to new, complex opportunities elevating the LP and investor experience, coordinating remote fund management and business development teams, and more granular monitoring of portfolio companies and deal flow pipelines.
Results of the Growth Equity Investment:
- Increased sales bookings 80%+ year-over-year
- Closed 22 new logo accounts in the past 4 months, with 14% of the new accounts based in Europe, Latin America, and Asia Pac
- Achieved net retention results of 108%
- Grew its engineering team by 4-fold, and doubled its operational staff headcount to support growth and strategic initiatives
- Hauled-in industry awards for:
- Most Promising Capital Markets Technology Solution
- Buy-Side Technology Award for Best Customer Relationship Management System
- Silver Stevie International Business Award
“The pandemic created a seismic shift for global capital market firms to make improvements in their digital systems initiatives focused on faster cycle fundraising, elevating the LP experience, and fund managers value creation across their portfolio,” stated Kevin Kelly, founder, and CEO of Altvia. “We’re well-positioned to achieve approximately 100% growth in our SaaS book of business in 2021.”