Important Disclosures

This website is not an advertisement. This website is intended solely to provide general business information on the Polaris Growth Fund and any affiliates thereof (collectively, “PGF” or “Polaris”). Nothing on this website should be construed as an offer of investment advisory services by Polaris or a solicitation or an offer of interests in any Polaris fund.

An offer regarding any Polaris fund may only be made after receipt of a confidential private placement memorandum concerning a particular fund and the opportunity to discuss all matters concerning any prospective investment. This website is not intended for prospective investors in Polaris funds and does not provide information material to an investor’s decision to invest in any Polaris fund, including, but not limited to, risk factors. For such information, investors should refer to the relevant fund’s private placement memorandum.

Visitors to this website are not to construe the contents of this website or any prior or subsequent communication from Polaris or any of its representatives, as legal, tax or investment advice. References to specific companies are for illustrative purposes only and do not represent all of the companies recommended for advisory clients. Such references are not intended to be, and should not be interpreted as, recommendations or investment advice. All information has been obtained from sources believed to be reliable, but its accuracy is not guaranteed, and Polaris disclaims any duty to update any of the information and data contained herein.

The information contained on the website may include certain historical investment performance information and forward-looking statements relating to the Polaris funds as well as to their underlying portfolio companies. Forward-looking statements are not guarantees of the underlying expected actions or future performance and future results may differ significantly from those anticipated by the forward-looking statements. Past performance does not guarantee future results, and there can be no assurance that future performance will be comparable to past performance.

PORTFOLIO COMPANY REFERENCES
References to current and former PGF portfolio companies on this website include (i) investments made by PGF and (ii) investments made by the Polaris Main Funds (as defined below) utilizing a growth buyout strategy and led by Bryce Youngren and/or Dan Lombard, with the exception of ISN Software Corporation. “Former” portfolio investments are those for which the applicable fund(s) have received all upfront consideration owed with respect to the liquidation transaction, but may include investments where the applicable fund(s) have rolled over a portion of their investment into the buyer entity and/or where future consideration is still be owed. The investments made by the Main Funds were not made in the context of a single fund or account with coordinated objectives, guidelines, and restrictions. There can be no assurance that the investments made by PGF will have the same characteristics or results as the growth investments made by the Polaris Main Funds. Any references to current or former portfolio companies are for illustrative purposes only and do not represent all Polaris portfolio companies. A full list can be found here.

FUNDS
Polaris Growth Fund I, L.P. (“PGF I”) and Polaris Growth Fund II, L.P. (“PGF II,” and together with PGF I, the “Polaris Growth Funds”) are specialized affiliate funds of Polaris Partners that are managed by their adviser, Polaris Growth Management, L.L.C. The Polaris Growth Funds make levered recapitalizations of software and technology-enabled services companies across a variety of industry verticals.

“Polaris Main Funds” represent the North Star Venture Management 2010, L.L.C. main funds (i.e., Polaris Venture Partners I, L.P., Polaris Venture Partners II, L.P., Polaris Venture Partners III, L.P., Polaris Venture Partners IV, L.P., Polaris Venture Partners V, L.P., Polaris Venture Partners VI, L.P., Polaris Partners VII, L.P., Polaris Partners VIII, L.P., Polaris Partners IX, L.P., Polaris Partners X, L.P. and Polaris Healthcare Technology Opportunities Fund, L.P., as well as any alternative investment vehicles and side funds).

LS Polaris Innovation Fund, L.P. (“LSPIF”) and Polaris Innovation Fund II, L.P. (“PIF II,” and together with LSPIF, the “Polaris Innovation Funds”) are also specialized affiliate funds of Polaris Partners that are managed by their adviser, LS Polaris Innovation Fund Management, L.L.C.

ENDORSEMENTS
The endorsements of current or past portfolio company executives are provided as illustrative examples and designed to demonstrate the benefits to portfolio companies of partnering with us. These statements are primarily aimed at prospective portfolio companies and not intended to solicit investors. The portfolio companies covered in these endorsements do not represent all portfolio company investments we have made. The experiences highlighted in these testimonials are solely those of the executives profiled and may not necessarily represent or be indicative of the current, past, or future experiences of other portfolio companies. Past results and experiences discussed are not indicative, or a guarantee of future results and experiences. We have not provided cash or other type of compensation in exchange for receiving these endorsements. We do not believe there are typically any material conflicts associated with providing these endorsements. The compensation of our portfolio company executives is primarily driven by the performance of their respective portfolio companies and any discretion we exercise in such compensation determinations is not influenced by whether an executive has provided a favorable statement. Additionally, the economic interests of our portfolio companies’ executives are generally well-aligned with ours and those of our investors. Nevertheless, the fact that these endorsements have been provided by individuals whose compensation we exercise a certain level of control over may incentivize them to provide favorable evaluations of their experiences working with us.

OTHER DISCLOSURES
Strategic Acceleration Team (“SAT”) individuals are employees of Polaris who provide finance, corporate development, sales acceleration and other support services (the “Operating Advisor Services”) directly to the portfolio companies of the Polaris Growth Funds on behalf of the SAT business. The SAT business pays such individuals compensation for their Operating Advisor Services and bear expenses related to the provision of such services and operating the SAT business (such amounts, the “Operating Advisor Business Costs”). The SAT business has and expects to continue to charge portfolio companies for such Operating Advisor Services (any such payments, “Operating Advisor Portfolio Compensation”), provided that over the term of any Polaris Growth Fund, Operating Advisor Portfolio Compensation shall not exceed Operating Advisor Business Costs. In the event that the aggregate Operating Advisor Portfolio Compensation received by the SAT business during the term of a Polaris Growth Fund fund exceeds the amount of Operating Advisor Business Costs borne by the SAT business (such excess amount, the “Operating Advisor Services Net Income”), the management fee payable by such fund will be reduced by the amount of any such Operating Advisor Services Net Income.

Growth Experts are not employees of Polaris and are oftentimes employees of portfolio companies and/or receive other compensation from portfolio companies. Any compensation received by a Growth Expert from a portfolio company will not be subject to offset against management fees.

CONTACT INFORMATION
If you have any questions or comments about these disclosures, please do not hesitate to contact us at: info@polarisgrowthfund.com.