Recognize, a technology investment platform that is singularly focused on the $2 trillion technology services industry, has raised approximately $1.3 billion for its inaugural fund.
“The speed of technological innovation is changing entire industries, and it is imperative for businesses and governments to keep pace,” said Frank D’Souza, co-founder of Recognize. “The technology services market is 3.5x larger than the software industry, yet the sector has only attracted one-third of the amount of private equity capital, underscoring the opportunity for focused investors with a deep knowledge of the industry.”
Recognize seeks to partner with next-generation technology services firms to translate these innovations into business value. Through this platform, entrepreneurs and founders gain access to exclusive talent networks, corporate relationships and intellectual property, as well as an operating playbook of best practices to help companies scale, innovate, and