Arrowroot Acquisition Corp.
About Arrowroot Acquisition Corp.
Arrowroot Acquisition Corp. (Nasdaq: ARRWU) is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar business combination with one or more businesses. The management team is led by Matthew Safaii, as Chief Executive Officer, and Thomas Olivier, as President and Chief Financial Officer, each with decades of experience identifying, evaluating, advising and investing in transformational growth companies in the technology sector. While the Company intends to evaluate opportunities in many sectors, it believes the diverse experience and extensive relationship network of its management team, board and sponsor will drive particularly attractive investment opportunities in the enterprise software sector. The company commenced trading on the Nasdaq Capital Market on March 4, 2021, with an initial public offering of 250,000,000 units.
Matthew J. Safaii
He is the CEO of Arrowroot Acquisition Corporation and also the Managing Partner of Arrowroot Capital Management. His primary responsibilities include overseeing Arrowroot Capital, investment professionals and the Strategic Resources Group, as well as qualifying deals, conducting due diligence, executing transactions, and monitoring portfolio companies.
Matthew has worked at several private equity firms in the US and Europe. He is also an entrepreneur. His deal and board experience is concentrated in growth equity investments, but also has experience in leveraged buyouts and restructuring. Before founding Arrowroot Capital, Matthew was a Managing Director and Head of the Acquisitions Team at Actua Corp. While at Actua, Matthew was a lead or active investor and board member of several companies including MSDSonline, Parchment, Instamed, and InvestorForce. He was also an investment committee member of Rittenhouse Ventures, an early stage VC based in Philadelphia. Prior to Actua, Matthew worked in the technology group at TA Associates in the Boston and London offices. During his tenure, Matthew was an active investor, including board meeting attendance with: Creditex, Smartstream Technologies and OpenLink Financial. Prior to TA Associates, Matthew worked at Platinum Equity in Los Angeles, where he was involved with Platinum’s investment in Broadspire Services. Matthew was also the co-founder of Quewey, a digital media company based in Philadelphia. Matthew was awarded “Top 40 Under 40 Growth Investors” in 2016, 2017, 2018, and 2019 and was also awarded “Top 25 Software Investor” for 2020.
Thomas Olivier
Tom is a Managing Director with Arrowroot Capital, and President and CFO of Arrowroot Acquisition Corp., a Special Purpose Acquisition Company focused on the Enterprise Software sector. Prior to joining Arrowroot, he was a Managing Director in Houlihan Lokey’s Technology/Media/Telecom Group. He has over 20 years of experience working with technology companies as an investment banker, entrepreneur, and corporate legal advisor. Previously, Tom was a Managing Director and Co-Head of Digital Media at Pacific Crest Securities. Before joining Pacific Crest, he was a Managing Director with Morgan Keegan’s Technology Group, which acquired his prior firm, Revolution Partners, in 2008. Prior to Revolution Partners, Tom was Co-General Counsel and Strategy Officer at iOptions, an online employee stock option portal. He also spent over five years practicing corporate law, most recently with Testa, Hurwitz & Thibeault, representing organizations in all stages of development, from start-ups to publicly held corporations, venture capital and investment banking firms, and both issuers and underwriters in numerous public offerings. Prior to attending law school, Tom spent over two years at Morgan Stanley & Co. as an analyst in its Information Services Department.