Insight Partners (previously Insight Venture Partners) is an American
venture capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to start-up company, startups, early-stage, and emerging companies that have been deemed to have high growth poten ...
and
private equity
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a typ ...
firm based in
New York City
New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the U ...
. The firm invests in growth-stage technology,
software
Software is a set of computer programs and associated software documentation, documentation and data (computing), data. This is in contrast to Computer hardware, hardware, from which the system is built and which actually performs the work.
...
and
Internet
The Internet (or internet) is the global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a ''internetworking, network of networks'' that consists ...
businesses.
History
Insight Partners was founded in 1995 by Jeff Horing and Jerry Murdock. Insight Partners raised more than $90 billion in capital commitments, including $20 billion in its Fund XII in 2021.
In March 2019, Insight Venture Partners changed its name to Insight Partners. In October 2019, the firm established an office in
Tel Aviv
Tel Aviv-Yafo ( he, תֵּל־אָבִיב-יָפוֹ, translit=Tēl-ʾĀvīv-Yāfō ; ar, تَلّ أَبِيب – يَافَا, translit=Tall ʾAbīb-Yāfā, links=no), often referred to as just Tel Aviv, is the most populous city in the G ...
. 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.
In 2020, Insight Partners backed software startup JFrog's
initial public offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...
(IPO), followed by
1stdibs' IPO in 2021. 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. 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. Also in 2021, Insight Partners put up $500 million to take a minority stake in
Saks.com. 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. 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. In May 2022, as part of a $200 million funding round led by
KKR
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strateg ...
, Insight Partners increased its previous investment in the cybersecurity company and speculated unicorn Semperis.
Insight Partners was on the Forbes Midas List, Forbes 30 Under 30: Venture Capital and the Private Equity International Awards: PEI 300. In 2017, Business Insider ranked Insight Partners #7 on the outlet's list of most prominent venture capital investors in Europe.
See also
*
Kaseya
On 2 July 2021, a number of managed service providers (MSPs) and their customers became victims of a ransomware attack perpetrated by the REvil group, causing widespread downtime for over 1,000 companies.
Company
Kaseya Limited is an American ...
*
Academic Partnerships
References
External links
Company Web Site
{{Private equity and venture capital
Private equity firms of the United States
Venture capital firms of the United States
Privately held companies based in New York (state)
Companies based in New York City
Financial services companies established in 1995