What is Version 1?
Version 1 operates as a premier provider of IT services and digital transformation solutions, catering to a diverse portfolio of global enterprises. The company distinguishes itself through a unique balance of customer-centricity, employee empowerment, and organizational strength. By offering independent, expert advice, Version 1 enables its clients to navigate rapid technological shifts, ensuring that IT investments translate into tangible business outcomes. Their market position is defined by a commitment to delivering impactful change, positioning them as a trusted partner for organizations seeking to modernize their infrastructure and optimize digital performance in an increasingly competitive 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 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.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for Version 1?
Looking ahead, Version 1 is well-positioned to leverage its recent funding to accelerate its international growth strategy and deepen its expertise in core business software and data services. The company is expected to focus on scaling its workforce and enhancing its service capabilities to meet the rising demand for digital-first solutions. By integrating the strategic insights provided by its investment partners, Version 1 aims to further solidify its market leadership, potentially exploring new geographic markets and expanding its suite of managed services. The focus remains on maintaining a strong organizational culture while driving sustainable, long-term value for its clients and stakeholders alike.
See full Version 1 company page
