What is Version 1?
Version 1 is a provider of IT services and solutions, dedicated to driving customer success through independent advice and impactful changes. The company operates in the rapidly evolving Digital-First world, assisting global brands in navigating technological shifts. Version 1's core strengths lie in achieving a balance between Customer Success, Empowered People, and a Strong Organisation, all underpinned by a commitment to its values. This approach differentiates Version 1 and resonates with its clientele, confirming its value proposition in the competitive IT landscape.
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 Development Capital and Volpi Capital
Key Investors in Version 1
Development Capital
Development Capital is an Irish development and growth capital fund focused on providing funding and expertise to ambitious SMEs with significant growth opportunities. They invest between 2 million and 12 million for minority stakes, offering tailored investment structures and partnering with management teams to accelerate growth strategies.
Volpi Capital
Volpi Capital is a European private equity firm specializing in backing ambitious B2B tech founders with capital and hands-on expertise to scale faster and stronger. They focus on strategic partnerships and deep sector knowledge, particularly in smart mobility, core business software, and data and application services.
What's next for Version 1?
With a history of substantial investment, Version 1 is well-positioned for continued growth and strategic development. The company's focus on customer success and digital transformation suggests future investments will likely target enhancing its service offerings, expanding its technological capabilities, and potentially exploring new market segments. The enterprise-level backing indicates a trajectory towards scaling operations and solidifying its market leadership, enabling Version 1 to further empower its people and strengthen its organizational framework.
See full Version 1 company page
