77 Labs began as an idea on a whim and became something much bigger: a small but mighty fund and holding company built on ownership, experimentation, and operational conviction. Over eight years we owned and operated 11 businesses, and we turned around 70% of them. That's a result we're deeply proud of, and it happened alongside the investors, partners, operators, and founders who backed the hard decisions. By the end of 2025 we'd narrowed the portfolio to five. Today, four remain.

Those years taught us the same lesson again and again: the value was never in the software alone. It was in the problem being solved, the operations behind it, and staying close to the people who actually use what you build.

That truth has only sharpened. AI is pushing the cost of building software toward zero, and it's reshaping the moats that defined the last decade of SaaS. Features are becoming commodities, and markets that once took years to consolidate now shift in months. We'd rather move with that current than hold onto a version of the market that's already changing.

So we're exiting deliberately, on our terms. We're handing these companies into their next chapters while they're strong, and closing ours with the same spirit that built 77 Labs in the first place: curiosity, conviction, and a belief that the best businesses are built closest to the real world.