What is Version 1?
Version 1 operates as a premier provider of independent IT services and digital transformation solutions, catering to a global roster of enterprise clients. By prioritizing a balanced approach that integrates customer success, employee empowerment, and organizational strength, the company distinguishes itself in a crowded marketplace. Their core competency lies in providing actionable advice and technical execution that enables businesses to modernize their infrastructure and adapt to rapidly shifting technological demands. As a trusted partner for global brands, Version 1 leverages deep domain expertise to drive measurable business outcomes, ensuring that IT investments translate into tangible competitive advantages.
How much funding has Version 1 raised?
Version 1 has raised a total of $106.7M across 2 funding rounds:
Unspecified
$10.8M
Unspecified
$96M
Unspecified (2014): $10.8M with participation from Development Capital
Unspecified (2017): $96M led by Volpi Capital and Development Capital
Key Investors in Version 1
Volpi Capital
Volpi Capital is a European private equity firm that specializes in backing ambitious B2B tech founders with capital and hands-on expertise to scale operations.
Development Capital
Development Capital is an Irish growth capital fund that provides tailored investment structures and strategic expertise to SMEs with significant expansion potential.
What's next for Version 1?
Looking ahead, the infusion of capital positions Version 1 to accelerate its international growth strategy and deepen its service offerings in core business software and application modernization. By leveraging the expertise of its financial partners, the company is well-equipped to pursue both organic expansion and potential strategic acquisitions that align with its commitment to digital-first innovation. The focus remains on scaling its team of difference-makers and enhancing its service delivery capabilities to meet the evolving needs of enterprise clients, ensuring that Version 1 remains at the forefront of the IT services sector as it enters its next phase of maturity.
See full Version 1 company page
