Insight Partners

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Insight Venture Management, LLC
Private
IndustryPrivate Equity
Founded1995
FoundersJeff Horing
Jerry Murdock
HeadquartersNew York City, New York, U.S.
AUM$30 billion
Number of employees
150+
Websiteinsightpartners.com

Insight Partners (previously known as 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.[1][2]

History[edit]

Insight Partners was founded in 1995 by Jeff Horing and Jerry Murdock. Since its inception, Insight Partners has raised more than $30 billion[3] in capital commitments, including $9.5 billion in its Fund XI in 2020.[4][5] In March 2019, Insight Venture Partners changed its name to Insight Partners.[6] In October 2019, the firm established an office in Tel Aviv. [7] In 2020, Insight Partners joined Diligent Corporation's Modern Leadership Initiative and pledged to create five new board roles among its portfolio companies for racially diverse candidates.[8][9]

Investment approach and portfolio[edit]

Insight Partners has raised eleven funds and invested in more than 400 companies.[5][10] The firm has investments in 65 countries on six continents.[11]

Investments include Anaqua,[12] Appriss,[13] Augury,[14] Checkmarx,[15] Cvent,[16] Campaign Monitor,[17] Diligent,[18] Docker,[19] Drillinginfo,[20] E2open,[21] EveryAction,[22] FireMon,[23] Fourth bought from ECI Partners,[24] HelloFresh,[25] Hootsuite,[26] Indiegogo,[27] iParadigms,[28] Kaseya,[29] LogTrust,[30] Mimecast,[31] Ministry Brands,[32] Numetric,[33] Pluralsight,[34] Qualtrics,[35] Receipt Bank,[36] Shopify,[37] Shutterstock,[38] Sisense,[39] SonarSource,[40] SpotHero,[41] Tenable,[42] Tricentis,[43] Tritech,[44] Twitter,[45] Tumblr.[46] Unitrends,[47] Veeam,[48] and Workforce.[49]

Insight's investments include growth equity, capital for M&A, buyouts, take-privates, pre-IPO rounds and recapitalizations. The firm engages in majority and minority investments.

The California Public Employees' Retirement System (CalPERS) reported over $100 million invested in two Insight funds by 2011, with internal rate of return over 20%.[50]

Awards and recognition[edit]

Insight Partners' work has been recognized on several awards and rankings, including the Forbes Midas List,[51] Forbes 30 Under 30: Venture Capital[52] and the Private Equity International Awards: PEI 300.[53] In 2017, Business Insider ranked Insight Partners #7 on the outlet's list of most prominent venture capital investors in Europe.[54]

References[edit]

  1. ^ "Insight Venture Partners Raises A Whopping $2.57 Billion For Next Fund". Tech Crunch. May 28, 2013. Retrieved January 29, 2017.
  2. ^ "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.
  3. ^ "Bullhorn Partners with Insight Ventures to Power Next Phase of Its Growth". www.businesswire.com. 23 October 2017. Retrieved 2017-12-08.
  4. ^ "Insight Venture Partners rakes in $4.75B for two new funds". New York Business Journal. Aug 11, 2015. Retrieved March 23, 2017.
  5. ^ a b 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.
  6. ^ Lunden, Ingrid. "PayIt, a payments platform designed for public services, raises $100M+ from Insight Partners". TechCrunch. Retrieved 2019-04-10.
  7. ^ Louch, William (28 October 2019). "Insight Partners Opens Its Doors in Tel Aviv Amid Tech Boom". WSJ Pro Private Equity. Retrieved 30 October 2019.
  8. ^ Gara, Antoine. "Inside The Massive New Effort To Get Minorities On Corporate Boards". Forbes. Retrieved 2020-11-23.
  9. ^ "Modern Governance Requires Modern Leadership". diligent.com. Retrieved 2020-11-23.
  10. ^ (https://www.insightpartners.com), Insight Venture Partners 2017 (2017-07-18). "SpotHero Secures $30 Million to Accelerate Market Expansion, Business Partnerships and Product Innovation | Press | Insight Venture Partners". Insight Venture Partners. Retrieved 2017-09-01.
  11. ^ "Insight Venture Partners - About". Retrieved March 29, 2017.
  12. ^ "Beacon Equity Sells Anaqua To Insight Venture". Value Walk. July 24, 2013. Retrieved May 1, 2017.
  13. ^ "With new equity partner, Appriss plans several acquisitions in 2015". bizjournals.com. July 2, 2015. Retrieved May 1, 2017.
  14. ^ "Augury raises $25 million for AI that predicts equipment failure from ultrasonic vibrations". Venture Beat. January 31, 2019.
  15. ^ "Insight Partners sells security firm Checkmarx to Hellman & Friedman for $1.15B". TechCrunch. Retrieved 2020-09-01.
  16. ^ "Cvent Receives $136 Million Investment Led by New Enterprise Associates and Insight Venture Partners". Cvent. July 20, 2011. Retrieved March 29, 2017.
  17. ^ "Australia's Campaign Monitor Raises $250 Million from Insight". The Wall Street Journal. April 16, 2014. Retrieved May 1, 2017.
  18. ^ "Insight Venture Partners to Buy New Zealand Software Firm Diligent". The Wall Street Journal. February 14, 2016. Retrieved May 1, 2017.
  19. ^ "Docker Raises $95M Series D Round For Its Container Platform". Tech Crunch. April 14, 2015. Retrieved March 29, 2017.
  20. ^ "PE-backed Drilling Info to buy GlobalView Software". The PE Hub Network. October 13, 2016. Retrieved May 1, 2017.
  21. ^ "Insight Venture Partners to Buy E2open for $273 Million". The Wall Street Journal. February 5, 2015. Retrieved May 1, 2017.
  22. ^ GmbH, finanzen.net. "EveryAction Receives Growth Investment From Insight Venture Partners | Markets Insider". markets.businessinsider.com. Retrieved 2018-08-24.
  23. ^ "Insight Venture Partners acquires majority interest in security intelligence company FireMon". June 11, 2014. Retrieved May 1, 2017.
  24. ^ Anderson, Elizabeth (June 23, 2015). "British restaurant IT supplier in US sale". The Telegraph. Retrieved May 1, 2017.
  25. ^ "HelloFresh Cooks Up $50 Million Series D From Insight Venture Partners". Tech Crunch. June 18, 2014. Retrieved March 29, 2017.
  26. ^ "HootSuite Raises $165M Series B Round From Insight, Accel And OMERS To GO Large On Enterprise Social Media Monitoring". Tech Crunch. August 1, 2013. Retrieved March 29, 2017.
  27. ^ "Indiegogo Raises $15 Million Underscoring Strong Crowdfunding Growth". Indiegogo. June 6, 2012. Retrieved March 29, 2017.
  28. ^ "Insight Venture Partners Confirms Deal to Buy iParadigms". The Wall Street Journal. June 2, 2014. Retrieved May 1, 2017.
  29. ^ "Insight Venture Partners Acquires Kaseya". July 1, 2013. Retrieved May 1, 2017.
  30. ^ "LogTrust Announces $35 Million in Funding from Insight Venture Partners - Logtrust". www.logtrust.com. Retrieved 2017-12-08.
  31. ^ "Mimecast secures $62 Million Investment from Insight Venture Partners". Mimecase. September 27, 2012. Retrieved March 29, 2017.
  32. ^ "Insight Venture Partners to Back Software Provider Ministry Brands". The Wall Street Journal. October 31, 2016. Retrieved May 1, 2017.
  33. ^ Numetric. "Leading Business Analytics Platform, Numetric, Raises Nearly $13M to Bring Better, Faster Business Analytics to the Masses". www.prnewswire.com. Retrieved 2017-12-08.
  34. ^ "Developer Training Platform Pluralsight Raises $27.5 Million From Insight Venture Partners To Expand Its Online Catalog". TechCrunch. Retrieved 2020-08-28.
  35. ^ "Qualtrics' Ambitions Don't Stop With $150 Million In Funding". Forbes. September 24, 2014. Retrieved March 29, 2017.
  36. ^ Bell, Henry. "Receipt Bank Raises $50 million Series B Funding from Insight Venture Partners". Retrieved 2017-12-08.
  37. ^ "Shopify Raises $100M to Drop The 'E' And Become The Commerce Company That Spans On And Offline". Tech Crunch. December 11, 2013. Retrieved March 29, 2017.
  38. ^ "Shutterstock clicks with investors in market debut". Reuters. 2012-10-11. Retrieved 2020-09-01.
  39. ^ Partners 2019 (https://www.insightpartners.com/), Insight (2018-09-12). "Sisense Announces Closing Of $80 Million Investment, Continues Hyper Growth to Help Businesses Instantly Mashup Data and Embed Insights Everywhere | News & Press". Insight Partners. Retrieved 2019-07-23.
  40. ^ "Geneva's SonarSource Buys RIPS Technologies". Crunchbase News. 2020-05-14. Retrieved 2020-09-01.
  41. ^ Matney, Lucas. "On-Demand Parking Service SpotHero Raises $20M In Series B". TechCrunch. Retrieved 2017-12-12.
  42. ^ "Tenable raises $250 million in record cyber funding round". Reuters. November 10, 2015. Retrieved May 1, 2017.
  43. ^ "Insight Venture Partners invests $165 million in automated testing startup Tricentis". Tech Crunch. January 23, 2017. Retrieved May 1, 2017.
  44. ^ "FFL exits public safety firm TriTech". The PE Hub Network. November 21, 2014. Retrieved May 1, 2017.
  45. ^ "Meet Twitter's Newest Investor: Insight Venture Partners". The Wall Street Journal. September 28, 2009. Retrieved March 29, 2017.
  46. ^ "Tumblr Lands $85 Million in Funding". The New York Times. September 26, 2011. Retrieved March 29, 2017.
  47. ^ "All-In-One Backup Provider Unitrends Acquired By Insight Venture Partners". CRN. October 31, 2013. Retrieved May 1, 2017.
  48. ^ "Insight Partners to Acquire Swiss Cloud Data Management Leader Veeam in a Transaction Valued at Approximately US$5 Billion". Veeam Software. 2020-01-09. Retrieved 2020-01-09.
  49. ^ "WorkForce Software Receives Majority Equity Investment Insight Venture Partners". FinSMEs. April 24, 2014. Retrieved May 1, 2017.
  50. ^ "AIM Program Fund Performance Review". CalPERS. September 30, 2011. Archived from the original on April 19, 2012. Retrieved January 29, 2017.
  51. ^ "Midas List 2019". Forbes. Retrieved 2020-01-28.
  52. ^ "30 Under 30 2017: Venture Capital". Forbes. Retrieved 2020-01-28.
  53. ^ "PEI 300 | Top private equity firms". Private Equity International. Retrieved 2020-01-28.
  54. ^ Price, Rob. "RANKED: The 22 most prominent venture capital investors in Europe in 2017". Business Insider. Retrieved 2020-01-28.

External links[edit]