What is Version 1?
Version 1 operates as a premier provider of IT services and digital transformation solutions, distinguishing itself through a unique balance of customer-centricity and organizational integrity. The company specializes in helping enterprises navigate the complexities of the modern digital landscape by delivering tailored, impactful changes that drive business performance. By fostering a culture of empowered professionals and maintaining a strong, values-driven organization, Version 1 has become a trusted partner for global brands seeking to modernize their infrastructure and optimize their operational efficiency. Their market position is defined by a commitment to independent advice, ensuring that clients receive objective guidance that aligns with their long-term strategic objectives.
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 established in 2013, focused on providing funding and expertise to ambitious SMEs with significant growth opportunities.
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 help companies scale faster.
What's next for Version 1?
Looking ahead, the infusion of capital positions Version 1 to accelerate its strategic growth initiatives, likely focusing on expanding its service portfolio and deepening its expertise in core business software and data application services. With the support of experienced partners, the company is well-equipped to pursue international expansion and further enhance its capacity to deliver complex digital projects. The focus will remain on scaling its workforce and refining its service delivery models to meet the evolving demands of the enterprise sector. By leveraging its current momentum, Version 1 is poised to strengthen its competitive advantage, ensuring it remains at the forefront of the digital-first revolution while continuing to deliver sustainable value to its stakeholders and clients alike.
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