Press Release December 08, 2021

JMI Equity Leads $50 Million Growth Equity Investment in ButterflyMX

The Private Equity team advised JMI Equity as lead investor in ButterflyMX’s $50 million growth equity round which included participation from Volition Capital, Egis Capital, and RiverPark Ventures. This latest round of funding will allow ButterflyMX to provide the real estate industry with its first-ever unified property access solution, designed to streamline building operations and enhance the resident experience. 

JMI Equity is a growth equity firm focused on investing in leading software companies. Founded in 1992, JMI has invested in over 170 businesses in its target markets, successfully completed over 110 exits, and raised more than $6 billion of committed capital. 

ButterflyMX is a creator of smart video intercoms, package rooms, keypads, elevator controls, key lockers, and other access control technology for multifamily, commercial, and student housing properties.

The Goodwin team was led by Joshua Klatzkin, Amy Keller, Morgan Lee, Andres Corcuera and Helen Kim. 

For additional details on the funding round, please read the press release.