Insight Partners

Insight Partners (previously Insight Venture Partners) is an American venture capital and private equity firm based in New York City. The firm invests in growth-stage technology, software and Internet businesses.[2][3]

Insight Venture Management, LLC
TypePrivate
IndustryPrivate Equity
Founded1995 (1995)
Founders
  • Jeff Horing
  • Jerry Murdock
HeadquartersNew York City, New York, U.S.
AUMUS$97.4 billion (2021)
Number of employees
326 (2021)
Websiteinsightpartners.com
Footnotes / references
[1]

History

Insight Partners was founded in 1995 by Jeff Horing and Jerry Murdock. Insight Partners raised more than $90 billion[4] in capital commitments, including $20 billion in its Fund XII in 2021.[5][6] In March 2019, Insight Venture Partners changed its name to Insight Partners.[7] In October 2019, the firm established an office in Tel Aviv.[8] In 2020, Insight Partners joined Diligent Corporation's initiative and pledged to create five new board roles among its portfolio companies for racially diverse candidates.[9][10]

In 2020, Insight Partners backed software startup JFrog's initial public offering (IPO),[11] followed by 1stdibs' IPO in 2021.[12] In April 2021, Insight Partners raised $1.56 billion for the Insight Partners Opportunities Fund I LP, a new fund outside of its flagship growth-investment vehicles.[13] As of June 2021, Insight Partners is the biggest investor in Monday.com and WalkMe, owning a 43% stake in Monday.com and 32% of WalkMe, with a combined ownership worth $3.9 billion.[14] Also in 2021, Insight Partners put up $500 million to take a minority stake in Saks.com.[15] Insight Partners also put $15 million of its own capital into an additional new fund, called The Vision Capital 2020 LP Fund. The Vision 2020 LP Capital Fund backs minority led firms raising early-stage funds.[16] In February 2022, Insight Partners announced it had raised $20 billion for its twelfth flagship fund, more than doubling the size of its previous flagship fund.[17][18] In May 2022, as part of a $200 million funding round led by KKR, Insight Partners increased its previous investment in the cybersecurity company and speculated unicorn Semperis.[19]

Insight Partners was on the Forbes Midas List,[20] Forbes 30 Under 30: Venture Capital[21] and in June 2022 were ranked tenth in Private Equity International's PEI 300 ranking of the largest private equity firms in the world.[22][23] In 2017, Business Insider ranked Insight Partners #7 on the outlet's list of most prominent venture capital investors in Europe.[24]

See also

References
  1. "Insight Partners Form ADV" (PDF). U.S. Securities and Exchange Commission. March 25, 2022. pp. 20–21.
  2. "Insight Venture Partners Raises A Whopping $2.57 Billion For Next Fund". Tech Crunch. May 28, 2013. Retrieved January 29, 2017.
  3. "Insight Venture Partners Closes Sixth Fund at USD1.25bn". Press release. Private Equity Wire. June 27, 2007. Archived from the original on September 22, 2008. Retrieved January 29, 2017.
  4. "Bullhorn Partners with Insight Ventures to Power Next Phase of Its Growth". www.businesswire.com. 23 October 2017. Retrieved 2017-12-08.
  5. "Insight Venture Partners rakes in $4.75B for two new funds". New York Business Journal. Aug 11, 2015. Retrieved March 23, 2017.
  6. Cooper, Laura (2020-04-03). "Insight Partners Raises $9.5 Billion to Invest in Software Businesses". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-06-29.
  7. Lunden, Ingrid. "PayIt, a payments platform designed for public services, raises $100M+ from Insight Partners". TechCrunch. Retrieved 2019-04-10.
  8. Louch, William (28 October 2019). "Insight Partners Opens Its Doors in Tel Aviv Amid Tech Boom". WSJ Pro Private Equity. Retrieved 30 October 2019.
  9. Gara, Antoine. "Inside The Massive New Effort To Get Minorities On Corporate Boards". Forbes. Retrieved 2020-11-23.
  10. "Modern Governance Requires Modern Leadership". diligent.com. Retrieved 2020-11-23.
  11. "Sunnyvale-based JFrog's stock and valuation jumps after IPO scores $510M". Silicon Valley Business Journal. Retrieved 2021-09-17.
  12. "Monday.com and 1stDibs.com File for U.S. IPO". Bloomberg. Retrieved 2021-09-17.
  13. "Insight Partners Amasses $1.56 Billion for Preferred Equity Deals". The Wall Street Journal. Retrieved 2021-09-17.
  14. "Israel bet banks billions for venture firm Insight as Monday.com and WalkMe go public". CNBC. Retrieved 2021-09-17.
  15. "Saks Fifth Avenue Owner to Separate E-Commerce and Stores Units". The Wall Street Journal. Retrieved 2021-09-17.
  16. "Insight Partners Invests $15 Million Into Minority-Led Early-Stage Firms". Forbes. Retrieved 2021-09-17.
  17. "Insight Partners' Deven Parekh Reflects on Tech Investing With $20 Billion to Spend". The Wall Street Journal. Retrieved 2022-06-03.
  18. "With new $20B fund, Insight Partners has a stunning $90B in assets under management". TechCrunch. Retrieved 2022-06-03.
  19. Hu, Krystal (2022-05-24). "Cybersecurity firm Semperis raises over $200 million in KKR-led round". Reuters. Retrieved 2022-06-30.
  20. "Midas List 2019". Forbes. Retrieved 2020-01-28.
  21. "30 Under 30 2017: Venture Capital". Forbes. Retrieved 2020-01-28.
  22. "PEI 300 2022: KKR beats the crowd to claim PE’s throne". Private Equity International, June 1, 2022.
  23. "PEI 300". Private Equity International, June 1, 2022.
  24. Price, Rob. "RANKED: The 22 most prominent venture capital investors in Europe in 2017". Business Insider. Retrieved 2020-01-28.
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