PALO
ALTO, Calif., June 25,
2024 /PRNewswire/ -- opus1.io, an end-to-end practice
management platform for lesson & class-based performing arts
businesses, today announced a strategic investment from Five Elms
Capital, a leading software investment firm. The funding will
support further investment in opus1.io's platform, which helps
performing arts professionals operate and grow their businesses
more efficiently.
opus1's performing arts platform is built with a single mission
in mind: to provide performing arts schools with the tools they
need to spend less time in their business and more time
on their business. The platform helps customers seamlessly
solve complex issues related to scheduling, booking, staffing,
marketing, invoicing, and payments - all in one easy-to-use, modern
platform. Since 2019, Founder and CEO Sam
Lellouche has been committed to building a best-in-class
technology that solves all of the daily operational shortcomings he
has experienced in his own music school.
"We've exponentially grown in the last 18 months. Our customer
feedback has been overwhelmingly positive and we are honored to
have had such a significant impact on an industry we care deeply
about. With the help of Five Elms, we will continue to invest in
our product while accelerating our growth into new markets," said
Lellouche.
With over 175,000 monthly users worldwide, opus1.io has a loyal
and fast-growing customer base that serves performing arts schools
of all sizes. With the help of Five Elms Capital, the expansion of
opus1.io's customer service and product development teams has
become an immediate reality.
"Performing arts schools face increasing complexity as they
scale from one instructor to many. opus1.io allows them to do less
administration and more of what they love - inspiring students. The
company has proven itself as a premier end-to-end solution for the
performing arts schools industry," said Austin Gideon, Principal at Five Elms Capital.
"We're thrilled to support the team's mission and vision, provide
better service to the current customer base, and expand their reach
to new verticals. We look forward to seeing the positive impact the
partnership will have on the company and the broader performing
arts community."
opus1.io has recently launched opus1.io plus, a cutting-edge
growth solution for studios that are primed for accelerated
expansion. Rory Cain, Head of Sales
for opus1.io, commented on the newly launched product, "opus1.io
has been a champion of performing arts education businesses from
day one. Our partnership with Five Elms Capital enables us to
double down on those efforts and further empower business owners to
spread arts in their community with our flagship platform as well
as continued advancements to our growth module, opus1.io plus."
With features such as advanced reputation management and sales
pipeline, business owners can track, predict, and prepare for
virtually anything - including students at risk of cancellation
long before it happens. Additionally, opus1.io plus has elaborate
marketing capabilities that put the knowledge and experience of a
Chief Marketing Officer in the hands of every studio owner.
About opus1.io
opus1.io started as a disrupter in the
music school software space, growing to be the leading provider of
end-to-end technology solutions for performing arts academies
worldwide today. Founded by performing arts studio owners, opus1.io
is designed to be the all-in-one solution to manage all your
customers, staff, services, schedules, invoices, and payments. Our
advanced technology is ideal for both individual and class-based
learning. For more information about opus1.io and opus1.io plus,
visit opus1.io.
About Five Elms
Five Elms Capital is a global growth
equity firm that invests in fast-growing B2B software businesses
that users love. Five Elms provides capital and resources to help
companies accelerate growth and further cement their role as
industry leaders. Since firm inception in 2007, Five Elms has
focused exclusively on software investing, building an unmatched
network and deep domain expertise. Today, with over $2.4 billion in assets under management and a
global team of over 70 investment professionals, Five Elms has
invested in more than 65 software platforms globally. For more
information, visit fiveelms.com.
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SOURCE Five Elms Capital