Global adoption of technology is rapidly accelerating, further propelled by the dynamics of the pandemic. With this digital leap, technological advancements are supercharging business performance and reshaping the economy. Amidst rapid innovation and significant capital flows into digital platforms, software has been one of the fastest-growing sectors over the last three years. With a median growth rate of 465%, there is potential for plenty more upside.1
And yet, today, it’s estimated that 98% of all software companies remain private.2 Therefore, in order to enable rapid productivity and opportunity creation through software, the private markets must play an active role in the next frontier of software development.
