Private Market Investments
SLACK TECHNOLOGIES, INC
Slack is building a platform that connects teams with the apps, services, and resources they need to get work done. Launched in 2014, Slack is the fastest growing business application in history. Slack is based in San Francisco, California, but maintains offices throughout the world.
Search Fund Partners
Search Fund Partners (SFP) invests in small, profitable companies with $5 million to $30 million in revenue. They work with entrepreneurs to find, acquire and build successful businesses.
SFP builds on the proven success of the Search Fund model, where entrepreneurs are funded to unearth, acquire and manage a profitable micro-cap company. The firm’s focus is on well-managed companies with a history of profits and significant growth potential. Search Fund Partners is located in Menlo Park, California.
Through SFP, Twelve Clans, Inc. is invested in the following companies (thus far):
FIMC
FIMC is a leading provider of membership programs to financial services providers focused on underbanked segments. FIMC products include roadside assistance, legal assistance, pharmacy discounts, savings benefits, extended warranties, and numerous other benefits. The company is located in Sarasota, Florida.
Kivuto
The world’s leading publishers and academic institutions trust Kivuto to ensure the successful and secure delivery of digital products to eligible users. From K-12 to higher education, from software to eTexts, Kivuto simplifies schools’ digital transformation. The company is located in Ottawa, Ontario, Canada.