Vista Equity Partners invested in YouEarnedIt in 2018, shortly before YouEarnedIt acquired HighGround. In 2019, YouEarnedIt and HighGround merged and became Kazoo. Vista had invested in YouEarnedIt with the goal of accelerating the company’s growth within the human resources and employee engagement industries. This investment came from Vista’s Endeavor Fund, which supports technology and software organizations’ growth at a rapid, yet sustainable rate. With the help of Vista’s investment, YouEarnedIt was able to hit a milestone goal where it acquired HighGround, a Chicago-based HR software company. Prior to Vista’s investment in YouEarnedIt, the company had received investments from Motley Fool, Silverton Partners, Capital Factory, Ridge Ventures, and IDG Ventures USA.
René Yang Stewart, Co-Head of the Vista Endeavor Fund and Senior Managing Director, said of Vista’s partnership with YouEarnedIt, “Employee engagement and productivity continues to be a top focus for companies. YouEarnedIt’s innovative approach to employee engagement provides a true platform for companies to enhance their culture of engagement and create incredible transparency across the organization. We are thrilled to be partnering with YouEarnedIt to help the business continue its strong trajectory of growth.”
Vista Equity Partners is an Austin-based investment firm, with offices in Chicago, New York, Oakland and San Francisco. The firm specializes in working with enterprise software, data and technology-enabled companies. Vista was founded in 2000 and is led by Chairman and CEO Robert F. Smith, who is recognized as an influential leader, given his many accomplishments in business and philanthropy. Vista leverages a strategic approach for its investments that yields long-term, sustainable growth and optimizes outcomes for all shareholders. The firm works closely with their portfolio companies, helping to support their goals and often celebrating the great work and achievements of their partners on Vista’s YouTube channel and social media platforms.
Vista is passionate about its philanthropic work and partners with organizations that are focused on creating educational opportunities for people from all backgrounds and expanding access to computer science and STEAM education. True to its technology-based roots, Vista also supports several initiatives that teach children about coding and the opportunities that they can achieve by pursuing careers in STEAM fields.