Lock 8 Partners Analysis
What is Lock 8 Partners?
Experienced operators investing in and optimizing small-scale SaaS businesses
Location
New York, New York, United States
Employees
11-50
Founded
2019
Product Features & Capabilities
- Capital investment in proven SaaS businesses
- New senior leadership deployment
- Operational expertise transfer
- Coaching and resource support
- Portfolio company growth acceleration
Investment Focus
Lock 8 Partners primarily focuses on investing in and optimizing small-scale B2B SaaS (Software as a Service) businesses. Their investment strategy emphasizes a hands-on approach, where they actively engage with portfolio companies to enhance operations and drive sustainable value creation. They target lower middle-market companies and aim to achieve tangible results through operational involvement and strategic guidance.
Key Portfolio Companies
- Projector PSA - A platform that streamlines delivery and enhances resource utilization for professional services companies, enabling sustainable growth and scalability. [Read more](https://www.projectorpsa.com/).
- Real Life Sciences - Provides data and document anonymization software and services to the life sciences industry, helping to protect patient identity and confidential information while disclosing clinical trial results. [Read more](https://rlsciences.com/).
- Relay - Offers a Medicaid workflow solution that assists school districts in reducing administrative burdens by streamlining documentation, accelerating claims submissions, and enhancing program visibility. [Read more](https://relayhub.com).
- OrgChart - An org chart and workforce planning solution that delivers automated organizational charts as needed. [Read more](https://www.theorgchart.com/).
Notable Exits
Lock 8 Partners has made a total of 2 notable exits. The most recent exit was from Real Life Sciences, which was acquired by MediSpend on January 27, 2025. The exit method for this transaction was an acquisition. Unfortunately, specific details about the second exit were not found in the available sources.
Recent Fundraising
$100 million
Management Team
The management team of Lock 8 Partners includes the following members:
- Todd Gibby - Managing Partner
- Tim Blomfield - Partner
- Christine Tanabe - Operating Partner
- Jake Decker - Vice President
- Giuseppe Maione - VP Operating Analytics
- Brendan Newman - Vice President, Revenue Operations
- Victoria Perlman - Senior Associate
- Cooper Buch - Analyst
- Zoe Raykhman - Analyst
Other Considerations
Raised $182M in oversubscribed fundraising for Fund III; Portfolio includes Projector PSA, Real Life Sciences, Relay, OrgChart, Virtual Field, Prism PPM, Firm360, and Cgr; Acquired by Workday in 2024
