D1 Capital Partners

Investment Management

Facts

HQ
New York, New York, US
Sectors
Investment Management
Founded
2018
Employees
90

Seismic completes acquisition of Highspot; product rebranded ‘Highspot by Seismic,’ Seattle kept as R&D site

Seismic completed its acquisition of Seattle-based Highspot, folding the company into Seismic and rebranding the product as “Highspot by Seismic,” while naming Seattle among several global R&D locations. The combined company—led by Seismic CEO Rob Tarkoff with Highspot co-founder Robert Wahbe expected to join the board—serves 2,500 customers and 3.5 million users and plans to invest over $100 million annually in R&D; financial terms were not disclosed.

Oddity Tech (Il Makiage, SpoiledChild) raises $424M in Nasdaq IPO at $35 a share; opens at $49.10, $2.8B market cap

Oddity Tech, the Israeli parent of Il Makiage and SpoiledChild, postponed a planned 2022 IPO and went public on Nasdaq under ticker ODD after strong financial gains; net income rose to $19.6 million for the year ending March 2023, up 553% year-over-year. The company raised nearly $424 million selling shares at $35, opened at $49.10 giving a $2.8 billion market cap, and reported SpoiledChild reached $100 million revenue in under a year.

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