- Renewable
- 1 min read
o9 Solutions raises $116 million from investors led by General Atlantic's BeyondNetZero
Existing investors KKR and Generation Investment Management also participated in the round. The investment values o9 at $3.7 billion, up from $2.7 billion since the Company’s last investment round in January 2022.
Existing investors KKR and Generation Investment Management also participated in the round. The investment values o9 at $3.7 billion, up from $2.7 billion since the Company’s last investment round in January 2022.
o9 also announced that General Atlantic Operating Partner and business executive Gary Reiner has joined the Company’s Board of Directors, bringing expertise at the intersection of technology, strategy and operations.
“We continue to be thrilled with o9’s terrific customer value proposition, offering truly material and measurable outcomes relative to traditional planning software vendors and thereby providing strong blue chip client satisfaction,” said Reiner.
continued below
o9 deals in technology innovations — such as graph-based enterprise modeling, big data analytics, advanced algorithms for scenario planning, collaborative portals, easy-to-use interfaces and cloud-based delivery — into one platform.
General Atlantic is a global growth equity firm with four decades of experience providing capital and strategic support for companies. It has $77 billion in assets under management as of June 30, 2023, and more than 220 investment professionals based across the world.