SaaS Leader J.D. Mullin Joins Summit Partners as Executive-in-Residence

MENLO PARK, Calif. and BOISE, Idaho--(BUSINESS WIRE)--Summit Partners, a leading global growth equity investor, today announced the addition of J.D. Mullin to the firm’s Executive-in-Residence (“EIR”) program. In this role, J.D. will work closely with Summit’s technology team to identify new investment and leadership opportunities in growth-stage software companies.

J.D. brings substantial experience in leading and scaling fast-growing SaaS businesses, as well as in building engineering and product teams that help drive rapid innovation and support high-velocity sales models.

J.D. joins Summit’s EIR program from Intuit, where he has led the QuickBooks Time business unit since 2019. J.D. joined Inuit following the company’s acquisition of TSheets, a leading SaaS-based time tracking and scheduling platform, and he helped lead TSheets’ integration with Intuit. J.D. originally joined TSheets in 2013 as SVP Product and Engineering and played an instrumental role in leading the company through a period of rapid growth. From 2013 until 2021, he helped scale the team from 20 to more than 400 employees, grow annual recurring revenues (ARR) from less than $1 million through the nine-figure milestone, and expand the user base from 30,000 users to more than 1.8 million. Prior to TSheets, J.D. held engineering roles at WhiteCloud Analytics, SAP, Sybase and Extended Systems.

“We’ve worked closely with J.D. for a number of years, and we’ve been continually impressed with his rare combination of product vision, technical expertise and business acumen,” said Colin Mistele, a Managing Director with Summit Partners. “During his time at TSheets, he established teams and processes that allowed the company to innovate quickly to meet the demands of its high-velocity go-to-market model. He brought this data-driven, product-led growth mindset to the general manager role at Intuit where he helped scale the business even further. We are thrilled to work alongside J.D. and share his talents and leadership with other great SaaS businesses.”

“Over the course of my career, I’ve been fortunate to work for two Summit-backed software businesses – working most closely with the team during my tenure at TSheets,” said J.D. Mullin. “Knowing the experience, support and resources they bring as a partner to growth companies, I’m incredibly proud to join Summit’s EIR program. I’m very much looking forward to working with Summit to identify a new opportunity where I can make an impact as a leader, scale an organization and navigate a new growth journey.”

“Time and again, we’ve seen the impact that a talented product-oriented, data-driven leader can make in the growth trajectory of a high-velocity SaaS business,” said Greg Goldfarb, a Managing Director at Summit Partners. “Seeing how J.D. has operated over the years, we are thrilled to bring his perspective to Summit’s EIR program.”

Summit has been active in the software sector for nearly four decades. Since the firm’s founding in 1984, Summit has partnered with more than 175 software companies across enterprise, mobile, cloud and SaaS, big data and analytics, infrastructure and security.

Summit’s EIR program is an established element of the firm’s growth-oriented investing strategy. Since its inception, the program has facilitated collaboration between seasoned industry executives and Summit’s investment teams, working to identify sector-specific opportunities in which EIRs may support companies in an ongoing capacity through board or leadership roles.

About Summit Partners

Founded in 1984, Summit Partners is a global alternative investment firm that is currently managing more than $42 billion in capital dedicated to growth equity, fixed income and public equity opportunities. Summit invests across growth sectors of the economy and has invested in more than 550 companies in technology, healthcare and other growth industries. These companies have completed more than 175 public equity offerings, and more than 200 have been acquired through strategic mergers and sales. Notable software companies backed by Summit include Clarabridge, Infor, Jamf, Klaviyo, Podium, Smartsheet, Trintech and TSheets. Summit maintains offices in North America and Europe and invests in companies around the world. For more information, please visit www.summitpartners.com or follow on LinkedIn.

In the United States of America, Summit Partners operates as an SEC-registered investment advisor. In the United Kingdom, this document is issued by Summit Partners LLP, a firm authorized and regulated by the Financial Conduct Authority. Summit Partners LLP is a limited liability partnership registered in England and Wales with registered number OC388179 and its registered office is at 11-12 Hanover Square, London, W1S 1JJ, UK. This document is intended solely to provide information regarding Summit Partners’ potential financing capabilities for prospective portfolio companies.