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JMI Equity (“JMI”), a growth equity firm focused on investing in leading software companies, today announced the promotions of Larry Contrella to General Partner and Maggie Schmitt to Chief Financial Officer. Contrella will continue to source promising investment opportunities and provide strategic support to JMI’s portfolio companies, while Schmitt will expand her leadership of JMI’s finance and accounting functions. Concurrent with Schmitt’s promotion, Randy Guttman has become General Partner, Head of Operations, from his most recent title of General Partner & CFO. Contrella, Schmitt and Guttman are all based in Baltimore.
“With over a decade of investing experience at JMI, Larry has proven that he is a strong investor and an effective partner to founder-owners, CEOs and portfolio company management teams,” said Harry Gruner, Founder and Co-Managing General Partner of JMI. “We are proud of his many achievements – including being recognized for the past two years by GrowthCap as one of the Top 40 Under 40 Growth Investors – and we look forward to his continued contributions.”