OurFamilyWizard, a Minneapolis-based co-parenting application, received a growth investment from Spectrum Equity.
The amount of the deal was not disclosed. In conjunction with the transaction, Ben Spero and Parag Khandelwal of Spectrum Equity will join OFW board of directors, along with co-founders Jai Kissoon, President, and Larry Patterson, CTO. Jai, Larry, and COO Bryan Altman will remain as key leaders in this next phase of the company’s growth.
The company intends to use the funds to further invest in products for families to effectively organize and communicate.
Founded in 2001 and led by newly appointed CEO Nick VanWagner, OFW provides both families and the professionals who serve them with the tools necessary to share calendars, messages, journals, files, expenses and important information such as health and school records.
Its website, iOS and Android applications have been used by nearly one million people since the company was founded in 2001.
VanWagner most recently served as the SVP of Product & Operations at When I Work, a subscription software company. Before that, he spent six years leading the Insights team at LinkedIn, where he helped build valuable experiences to connect and engage users.
FinSMEs
30/04/2020