i3 Verticals provides mission-critical cloud-native enterprise software solutions to public sector entities—state, county, and local governments across all fifty states and Canada—enabling them to manage courts, public safety, utilities, transportation, administration, and education functions. The company generates approximately 76% recurring revenue from software licenses and related services, supplemented by transaction-based fees from its proprietary payment facilitator technology integrated into court, tax, utility, school, and government payment solutions. Growth is driven by expanding recurring revenue within existing markets, disciplined acquisitions of founder-led software businesses that expand product capabilities, and leveraging decades of integration expertise, with competitive advantages rooted in solution quality, service delivery, rapid modernization capabilities, and cybersecurity in markets characterized by technological underserving and fragmented competition.