Insight Partners
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]
Private | |
Industry | Private Equity |
Founded | 1995 |
Founders | Jeff Horing Jerry Murdock |
Headquarters | New York City, New York, U.S. |
AUM | $30 billion |
Number of employees | 150+ |
Website | insightpartners |
History
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]
Investment approach and portfolio
Insight Partners has raised eleven funds and invested in more than 400 companies.[5][8] The firm has investments in 65 countries on six continents.[9]
Investments include Anaqua,[10] Appriss,[11] Cvent,[12] Campaign Monitor,[13] Diligent,[14] Docker,[15] Drillinginfo,[16] E2open,[17] EveryAction,[18] FireMon,[19] Fourth bought from ECI Partners,[20] HelloFresh,[21] Hootsuite,[22] Indiegogo,[23] iParadigms,[24] Kaseya,[25] LogTrust,[26] Mimecast,[27] Ministry Brands,[28] Numetric,[29] Qualtrics,[30] Receipt Bank,[31] Shopify,[32] Sisense[33], SpotHero,[34] Tenable,[35] Tricentis,[36] Augury,[37] Tritech,[38] Twitter,[39] Tumblr.[40] Unitrends,[41] Veeam,[42] and Workforce.[43]
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%.[44]
Awards and recognition
Insight Partners' work has been recognized on several awards and rankings, including the Forbes Midas List[45], Forbes 30 Under 30: Venture Capital[46] and the Private Equity International Awards: PEI 300.[47] In 2017, Business Insider ranked Insight Partners #7 on the outlet's list of most prominent venture capital investors in Europe.[48]
References
- "Insight Venture Partners Raises A Whopping $2.57 Billion For Next Fund". Tech Crunch. May 28, 2013. Retrieved January 29, 2017.
- "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.
- "Bullhorn Partners with Insight Ventures to Power Next Phase of Its Growth". www.businesswire.com. 23 October 2017. Retrieved 2017-12-08.
- "Insight Venture Partners rakes in $4.75B for two new funds". New York Business Journal. Aug 11, 2015. Retrieved March 23, 2017.
- 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.
- Lunden, Ingrid. "PayIt, a payments platform designed for public services, raises $100M+ from Insight Partners". TechCrunch. Retrieved 2019-04-10.
- Louch, William (28 October 2019). "Insight Partners Opens Its Doors in Tel Aviv Amid Tech Boom". WSJ Pro Private Equity. Retrieved 30 October 2019.
- (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.
- "Insight Venture Partners - About". Retrieved March 29, 2017.
- "Beacon Equity Sells Anaqua To Insight Venture". Value Walk. July 24, 2013. Retrieved May 1, 2017.
- "With new equity partner, Appriss plans several acquisitions in 2015". bizjournals.com. July 2, 2015. Retrieved May 1, 2017.
- "Cvent Receives $136 Million Investment Led by New Enterprise Associates and Insight Venture Partners". Cvent. July 20, 2011. Retrieved March 29, 2017.
- "Australia's Campaign Monitor Raises $250 Million from Insight". The Wall Street Journal. April 16, 2014. Retrieved May 1, 2017.
- "Insight Venture Partners to Buy New Zealand Software Firm Diligent". The Wall Street Journal. February 14, 2016. Retrieved May 1, 2017.
- "Docker Raises $95M Series D Round For Its Container Platform". Tech Crunch. April 14, 2015. Retrieved March 29, 2017.
- "PE-backed Drilling Info to buy GlobalView Software". The PE Hub Network. October 13, 2016. Retrieved May 1, 2017.
- "Insight Venture Partners to Buy E2open for $273 Million". The Wall Street Journal. February 5, 2015. Retrieved May 1, 2017.
- GmbH, finanzen.net. "EveryAction Receives Growth Investment From Insight Venture Partners | Markets Insider". markets.businessinsider.com. Retrieved 2018-08-24.
- "Insight Venture Partners acquires majority interest in security intelligence company FireMon". June 11, 2014. Retrieved May 1, 2017.
- Anderson, Elizabeth (June 23, 2015). "British restaurant IT supplier in US sale". The Telegraph. Retrieved May 1, 2017.
- "HelloFresh Cooks Up $50 Million Series D From Insight Venture Partners". Tech Crunch. June 18, 2014. Retrieved March 29, 2017.
- "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.
- "Indiegogo Raises $15 Million Underscoring Strong Crowdfunding Growth". Indiegogo. June 6, 2012. Retrieved March 29, 2017.
- "Insight Venture Partners Confirms Deal to Buy iParadigms". The Wall Street Journal. June 2, 2014. Retrieved May 1, 2017.
- "Insight Venture Partners Acquires Kaseya". July 1, 2013. Retrieved May 1, 2017.
- "LogTrust Announces $35 Million in Funding from Insight Venture Partners - Logtrust". www.logtrust.com. Retrieved 2017-12-08.
- "Mimecast secures $62 Million Investment from Insight Venture Partners". Mimecase. September 27, 2012. Retrieved March 29, 2017.
- "Insight Venture Partners to Back Software Provider Ministry Brands". The Wall Street Journal. October 31, 2016. Retrieved May 1, 2017.
- 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.
- "Qualtrics' Ambitions Don't Stop With $150 Million In Funding". Forbes. September 24, 2014. Retrieved March 29, 2017.
- Bell, Henry. "Receipt Bank Raises $50 million Series B Funding from Insight Venture Partners". Retrieved 2017-12-08.
- "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.
- 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.
- Matney, Lucas. "On-Demand Parking Service SpotHero Raises $20M In Series B". TechCrunch. Retrieved 2017-12-12.
- "Tenable raises $250 million in record cyber funding round". Reuters. November 10, 2015. Retrieved May 1, 2017.
- "Insight Venture Partners invests $165 million in automated testing startup Tricentis". Tech Crunch. January 23, 2017. Retrieved May 1, 2017.
- "Augury raises $25 million for AI that predicts equipment failure from ultrasonic vibrations". Venture Beat. January 31, 2019.
- "FFL exits public safety firm TriTech". The PE Hub Network. November 21, 2014. Retrieved May 1, 2017.
- "Meet Twitter's Newest Investor: Insight Venture Partners". The Wall Street Journal. September 28, 2009. Retrieved March 29, 2017.
- "Tumblr Lands $85 Million in Funding". The New York Times. September 26, 2011. Retrieved March 29, 2017.
- "All-In-One Backup Provider Unitrends Acquired By Insight Venture Partners". CRN. October 31, 2013. Retrieved May 1, 2017.
- "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.
- "WorkForce Software Receives Majority Equity Investment Insight Venture Partners". FinSMEs. April 24, 2014. Retrieved May 1, 2017.
- "AIM Program Fund Performance Review". CalPERS. September 30, 2011. Archived from the original on April 19, 2012. Retrieved January 29, 2017.
- "Midas List 2019". Forbes. Retrieved 2020-01-28.
- "30 Under 30 2017: Venture Capital". Forbes. Retrieved 2020-01-28.
- "PEI 300 | Top private equity firms". Private Equity International. Retrieved 2020-01-28.
- Price, Rob. "RANKED: The 22 most prominent venture capital investors in Europe in 2017". Business Insider. Retrieved 2020-01-28.