Investment Summary |
|
|---|---|
| Date | 2025-09-09 |
| Target | Interactions |
| Sector | Information Technology |
| Investor(s) | SoundHound AI |
| Sellers(s) |
Updata Partners
NewSpring Capital Revolution |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2005 |
| Sector | Software |
| Employees | 842 |
| Revenue | 85M USD (2024) |
SoundHound AI is a provider of conversational intelligence, and offers voice AI solutions that let businesses offer incredible conversational experiences to their customers. Built on proprietary technology, SoundHound’s voice AI delivers best-in-class speed and accuracy in numerous languages to product creators across automotive, TV, and IoT, and to customer service industries via groundbreaking AI-driven products like Smart Answering, Smart Ordering, and Dynamic Interaction, a real-time, multimodal customer service interface. SoundHound AI was founded in 2005 and is based in Santa Clara, California.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Information Technology M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 4 of 4 |
| State: Massachusetts M&A | 1 of 1 |
| Country: United States M&A | 4 of 4 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-08-08 |
Amelia
New York, New York, United States Amelia is an AI software company and a global provider of Enterprise Conversational AI. The company’s technology is trusted by organizations across an array of industries to automate operations, improve customer experience and optimize business outcomes. Amelia is based in New York. |
Buy | $80M |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 1.5B USD |
| Size | Large |
| Type | Sector Focused |
Updata Partners is the investment affiliate of Updata Advisors, an East Coast US based investment bank. Updata Partners looks to invest in growth oriented information technology businesses from early-stage to buyout, with revenues up to $50 million. Updata Partners typically invests between $15 and $150 million as a lead or co-lead investor. Within information technology, Updata has specific interest in; infrastructure software, physical and digital security, storage software, educational software, internet and interactive technology, media and wireless infrastructure and services, financial technology software, retail technology, business intelligence, subscription-based and on-demand information services, and business services. Updata Partners was formed in 1998 and is based in Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 46 of 46 |
| Sector: Information Technology M&A | 9 of 9 |
| Type: Add-on Acquisition M&A Deals | 33 of 33 |
| State: Massachusetts M&A | 6 of 6 |
| Country: United States M&A | 42 of 42 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-15 |
Uberflip
Toronto, Ontario, Canada Uberflip is a cloud-based content experience platform that empowers B2B marketers to create personalized content experiences at scale. By providing marketers with the tools they need to boost engagement, generate leads, and fuel demand generation, they can better leverage content to meet their goals. Uberflip was founded in 2012 and is based in Toronto, Ontario. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 3.5B USD |
| Size | Large |
| Type | Sector Agnostic |
NewSpring Capital is a private investment firm focused on growth companies in the Mid-Atlantic US. The Firm can provide both growth equity and junior capital to prospective companies. NewSpring's target investment size for both mezzanine and equity financing is $2 to $5 million, although for new ventures, the Firm can commit up to $10 million. Sectors of interest include specialty manufacturing, technology, business services, information technology, life science, healthcare services, and medical devices. NewSpring Capital was formed in 1999 and is based in Radnor, Pennsylvania with an additional office in Short Hills, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 92 of 92 |
| Sector: Information Technology M&A | 17 of 17 |
| Type: Add-on Acquisition M&A Deals | 52 of 52 |
| State: Massachusetts M&A | 11 of 11 |
| Country: United States M&A | 91 of 91 |
| Year: 2025 M&A | 6 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-07-28 |
Joseph s Gourmet Pasta
Haverhill, Massachusetts, United States Joseph's Gourmet Pasta is a manufacturer and marketer of premium frozen stuffed pasta for independent restaurants and national chains and the foodservice, retail and industrial channels. Joseph's Gourmet Pasta was founded in 1991 and is based in Haverhill, Massachusetts. |
Sell | - |
Revolution Growth is the growth capital investment arm of Revolution, an investment firm that also pursues seed and venture opportunities. Revolution Growth looks to invest $25 to $50 million in US-based companies looking for a partner to help them scale and expand. Revolution Growth is based in Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 10 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 5 of 5 |
| State: Massachusetts M&A | 1 of 1 |
| Country: United States M&A | 10 of 10 |
| Year: 2025 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-08-19 |
Optoro
Washington, District of Columbia, United States Optoro is a SaaS company offering an end-to-end return management system revolutionizing the retail industry. The company's returns management system (RMS) is a technology platform for retailers & 3PLs that spans the entire returns lifecycle from return initiation, RMA creation, return methods, shipping consolidation, dispositioning, and ultimately restock and resale. Optoro was founded in 2008 and is based in Washington, District of Columbia. |
Sell | - |
