2020 taught us a lot about ourselves and how we can work together to help the communities where we work and live. We are proud of the tremendous efforts of our portfolio companies in supporting their colleagues, customers and communities. Some examples:
In the early months of the pandemic, Physicians Immediate Care launched a Curbside Care Program to screen COVID-19 patients outside the clinic, creating a safe environment for patients and staff while they prepared for the ultimate return to indoor urgent care services. Learn More
Sterling supports the finance education and training organization, Wall Street Bound, by donating its trading simulation software to their program. WSB’s mission is to discover, train and mentor urban and minority finance talent to reach and succeed in the front offices of Wall Street. Learn More
eOriginal launched a Rapid Deployment Solution to help lenders meet the SBA’s requirements that digital loans issued under the Paycheck Protection Program are electronically signed and stored. Learn More
DaySmart Software launched a free tele-consultation service through one of its vertical business management software platforms, Salon Iris, to help keep salons and spas connected with clients during the early days of the pandemic. Learn More
TrueLearn teamed up with the Center for Racial Equity in Education in Charlotte, donating a portion of the retail subscriptions to TrueLearn’s medical licensure exam prep tools to help close opportunity gaps for children in education and eliminate race as the primary predictor of educational outcomes. Learn More
SDI launched PPE As-a-Service to help mid-market industrial manufacturers, K12, higher education and multi-site retail manage the supply chain of their essential PPE and MRO materials to ensure continuity of supply and protect essential workers. Learn More
RapidRatings’ global “State of Supply Chain” survey, stress tests (as shown in the image) and white papers detailed how private companies and global supply chains were impacted by the COVID-19 crisis and offered guidance to companies on how to evaluate supplier risk. Learn More
Celero Commerce launched a COVID-19 Survival Kit to help small businesses use curbside, phone and online ordering, eCommerce, virtual gift cards and other outside-the-box solutions to change the way they accept payments and drive revenue. Learn More
YCharts started virtual food drives for the Greater Chicago Food Depository and The Food Bank for New York City with a goal of donating at least 3,000 meals to those in need. Additionally, each employee was given a stipend with part of its intended use being to support local businesses. Learn More
MedBridge created a toolkit to help healthcare organizations maintain a safe environment and mitigate the spread of COVID-19, including educational resources, compliance training and Telehealth Virtual Visits to remotely treat and triage quarantined patients. Learn More
benefitexpress launched a suite of solutions including a mobile app, COBRA alternative and lifestyle benefits marketplace to help employers alleviate administrative burden, reduce cost and provide value to their employees through benefits that meet their most pressing, personal concerns. Learn More
Through webinars and content, Key2Act helped K-12 schools and universities understand ASHRAE guidance for preventing indoor transmission of COVID via HVAC systems. Learn More
3SI Security introduced an employee surveying feature to its SafeBanker and SafeResource SaaS tools to help banks and credit unions monitor staff health in the workplace. It was awarded Best in Show at the Credit Union National Association Technology and Operations Conference. Learn More
Agility Recovery released Agility Planner, a simple yet comprehensive tool for business continuity planning and preparation to help businesses stay up and running and keep their employees safe through any interruption. Learn More
Edmunds GovTech launched the Edmunds GovTalk platform to support local governments with weekly virtual discussions on industry trends, technical topics and critical areas like citizen engagement and resiliency through unexpected situations. Learn More
Appspace launched integrations between its workplace experience platform and enterprise messaging apps like Slack, Webex Teams, and Microsoft Teams to help companies communicate with their employees in the office, at home or on the go. Appspace also accelerated room scheduling and wayfinding functionality to provide a safe return to the office. Learn More
Edlio guided K-12 educators on ways to communicate with staff, students and families throughout the pandemic, made its School News app free to schools powered by Edlio Websites and offered the Edlio Engage parent communication tool free to help them get started. Learn More
CareATC launched a Resource Center for employers and patients to learn about COVID-19, access health and wellness resources, schedule virtual visits with CareATC’s onsite or shared site medical providers, explore return-to-work strategies and more. Learn More
Schweiger rapidly pivoted to launch Telemedicine through a text-based platform, allowing patients to continue to receive care while offices were closed in March and April. By year end, the platform was supporting more than 20K messages per week between patients and providers. Learn More
Relay Network helped companies augment their digital and mobile customer experience with individualized, dynamic content. One large bank, for example, used Relay’s mobile CX channel to provide real-time, proactive guidance, support and critical information to its customers. Learn More
INTELITY is enabling mobile-first, touchless guest experiences and staff operations for the hospitality industry including hotels, casinos, cruise lines and luxury residential groups. Learn More
LEARN Behavioral delivered a number of blogs, videos and podcasts to help parents of children with autism navigate 2020 issues from engaging with virtual therapy to school transitions to racism. Learn More
Coresteam is helping employers and their employees understand how they can continue to access voluntary benefit coverage during changes in their employment status. Learn More
PCS Retirement created a Communication Resource Center to help financial advisors who service retirement plans communicate with participants during the volatile market connected to the COVID-19 pandemic. Learn More
LLR’s network of Senior Operating Advisors and Executives-in-Residence continued to grow in 2020.
2020 gave us the opportunity to evolve LLR Collaborate into a fully virtual program. Here are some of the topics our portfolio company leaders discussed with their peers and experts.
LLR was named one of the Top 50 Founder-Friendly Private Equity Firms by Inc. Magazine for the 2nd year in a row.
LLR was named a founding signatory of ILPA’s Diversity in Action Initiative, demonstrating the commitments of GPs and LPs to help advance diversity, equity and inclusion in our industry and organizations.
LLR launched a Growth Accelerator Program for high potential, post-MBAs to partner with LLR portfolio companies and help advance their strategic initiatives.
LLR is now a signatory to the United Nations Principles for Responsible Investment, representing our commitment to Environmental, Social and Governance considerations in all of our investments.
After a year of unique challenges and awakenings, we are working hard to apply the lessons learned in 2020 to 2021. We look forward to getting vaccinated and returning to a more normal personal and business environment, and we are hopeful we’ll have lunch together soon…
Keep up with LLR throughout the year:
Partners.