Edison Partners, a growth equity firm that focuses on technology-enabled solutions in fintech, announced they led a $20 million growth investment in K1x, a SaaS-based financial technology company specializing in AI-driven, all-digital K-1 data aggregation and reporting for the capital markets, bringing K1x’s total funding to $40 million. The investment aims to accelerate K1x’s momentum in modernizing K-1 reporting, enhance product innovation, and expand its client base, particularly in the alternative investment sector. K1x has experienced rapid growth, with a 130%+ revenue increase since Edison’s initial investment.The firm serves major institutional investors, accounting firms, and various financial entities seeking to digitize and streamline tax compliance processes.
Growth Equity Firm Edison Partners Leads $20M Investment in K1x