Resurgens Technology Partners, a software-focused private equity firm, has invested and partnered with Knack, a no-code software development platform.
The partnership will serve to accelerate the growth of Knack’s platform used to help customers build applications to manage their data, automate processes and streamline workflows. The firm provides an easy-to-use, no-code service to thousands of clients across fintech, healthcare, manufacturing, and retail industries.
“As demand for more software capabilities continues to expand, time to market and access to development resources continue to be headwinds to innovation. The rapid expansion of no-code solutions is an obvious answer to this dilemma,” said Derek Hutson, Knack CEO. “Knack has built a strong, innovative product to empower users to revolutionize the way software and SaaS solutions are built. The team is excited to add value to the active no-code industry and accelerate the next phase of growth by leveraging Resurgens’ operating model, which focuses on product-led growth and investing in talent.”