Who Is David Schools and What Is His Current Role?
David Schools is a co-founder and managing partner of JMI Equity, a technology-focused growth equity firm that has invested in enterprise software, data infrastructure, and cybersecurity companies. He has led investments in companies such as Elastic, Coupa Software, and DigitalOcean, and he serves on the boards of multiple portfolio companies. JMI Equity has raised over $4 billion in committed capital across several fund vehicles, with its most recent fund closing in the mid-2020s, according to public disclosures and firm announcements.
Before founding JMI Equity, Schools worked in investment banking and technology investing, and he has been cited in industry coverage of venture and growth-stage financing trends. He is frequently referenced in analyses of software and infrastructure investing by outlets including Forbes and The Wall Street Journal. His career trajectory reflects a focus on backing later-stage technology companies with strong recurring revenue models and clear paths to profitability.
What Companies Has David Schools Invested In or Backed?
Through JMI Equity, David Schools has led or co-led investments in companies such as Elastic, Coupa Software, and DigitalOcean, among others. JMI Equity has also backed firms in data management, cybersecurity, and cloud infrastructure, with portfolio companies that have gone public or been acquired in recent years. The firm's investment thesis centers on enterprise software with large addressable markets and defensible technology positions.
Public filings, including those available through the U.S. Securities and Exchange Commission, show that several JMI-backed companies have completed initial public offerings and secondary share sales in recent years. For example, DigitalOcean's IPO and subsequent share activity are documented in SEC filings and financial news coverage. These transactions provide insight into the liquidity events and market performance of companies in JMI Equity's portfolio.
What Is Known About David Schools' Net Worth and Holdings?
Exact net worth figures for David Schools are not publicly disclosed, but estimates based on JMI Equity's fund sizes, portfolio company valuations, and known co-investment activity place him among the prominent figures in technology growth equity. His personal holdings are understood to include equity stakes in JMI-backed companies, both before and after public listings.
Public records and financial disclosures, including those filed with the SEC, offer partial visibility into the performance and composition of JMI Equity's portfolio. These documents can be accessed directly through the SEC's EDGAR database, which provides searchable filings for funds and companies linked to the firm. Analysts and investors tracking technology venture and growth equity often reference these filings when assessing the fund's exposure and performance.