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Tuesday, Jul 23, 2024
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L Squared Invests in Montana Software Company

Firm provides tools for philanthropic organizations

L Squared Capital Partners in Newport Beach said it has made a “significant growth investment” in Foundant Technologies, a Bozeman, Montana-based provider of software tools for the philanthropic sector. Financial terms were not released.

“Foundant has been at the forefront of the technology-driven transformation of the philanthropic sector,” L Squared Capital partner Adam Kimura said in a statement today.

L Squared Capital Partners seeks to make long-term investments in leading growth companies that operate in the following targeted sectors: tech-enabled services & software, education technology, and industrial technology & services.

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Kevin Costelloe
Kevin Costelloe
Tech reporter at Orange County Business Journal
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