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]

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

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

  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. 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. (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.
  9. "Insight Venture Partners - About". Retrieved March 29, 2017.
  10. "Beacon Equity Sells Anaqua To Insight Venture". Value Walk. July 24, 2013. Retrieved May 1, 2017.
  11. "With new equity partner, Appriss plans several acquisitions in 2015". bizjournals.com. July 2, 2015. Retrieved May 1, 2017.
  12. "Cvent Receives $136 Million Investment Led by New Enterprise Associates and Insight Venture Partners". Cvent. July 20, 2011. Retrieved March 29, 2017.
  13. "Australia's Campaign Monitor Raises $250 Million from Insight". The Wall Street Journal. April 16, 2014. Retrieved May 1, 2017.
  14. "Insight Venture Partners to Buy New Zealand Software Firm Diligent". The Wall Street Journal. February 14, 2016. Retrieved May 1, 2017.
  15. "Docker Raises $95M Series D Round For Its Container Platform". Tech Crunch. April 14, 2015. Retrieved March 29, 2017.
  16. "PE-backed Drilling Info to buy GlobalView Software". The PE Hub Network. October 13, 2016. Retrieved May 1, 2017.
  17. "Insight Venture Partners to Buy E2open for $273 Million". The Wall Street Journal. February 5, 2015. Retrieved May 1, 2017.
  18. GmbH, finanzen.net. "EveryAction Receives Growth Investment From Insight Venture Partners | Markets Insider". markets.businessinsider.com. Retrieved 2018-08-24.
  19. "Insight Venture Partners acquires majority interest in security intelligence company FireMon". June 11, 2014. Retrieved May 1, 2017.
  20. Anderson, Elizabeth (June 23, 2015). "British restaurant IT supplier in US sale". The Telegraph. Retrieved May 1, 2017.
  21. "HelloFresh Cooks Up $50 Million Series D From Insight Venture Partners". Tech Crunch. June 18, 2014. Retrieved March 29, 2017.
  22. "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.
  23. "Indiegogo Raises $15 Million Underscoring Strong Crowdfunding Growth". Indiegogo. June 6, 2012. Retrieved March 29, 2017.
  24. "Insight Venture Partners Confirms Deal to Buy iParadigms". The Wall Street Journal. June 2, 2014. Retrieved May 1, 2017.
  25. "Insight Venture Partners Acquires Kaseya". July 1, 2013. Retrieved May 1, 2017.
  26. "LogTrust Announces $35 Million in Funding from Insight Venture Partners - Logtrust". www.logtrust.com. Retrieved 2017-12-08.
  27. "Mimecast secures $62 Million Investment from Insight Venture Partners". Mimecase. September 27, 2012. Retrieved March 29, 2017.
  28. "Insight Venture Partners to Back Software Provider Ministry Brands". The Wall Street Journal. October 31, 2016. Retrieved May 1, 2017.
  29. 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.
  30. "Qualtrics' Ambitions Don't Stop With $150 Million In Funding". Forbes. September 24, 2014. Retrieved March 29, 2017.
  31. Bell, Henry. "Receipt Bank Raises $50 million Series B Funding from Insight Venture Partners". Retrieved 2017-12-08.
  32. "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.
  33. 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.
  34. Matney, Lucas. "On-Demand Parking Service SpotHero Raises $20M In Series B". TechCrunch. Retrieved 2017-12-12.
  35. "Tenable raises $250 million in record cyber funding round". Reuters. November 10, 2015. Retrieved May 1, 2017.
  36. "Insight Venture Partners invests $165 million in automated testing startup Tricentis". Tech Crunch. January 23, 2017. Retrieved May 1, 2017.
  37. "Augury raises $25 million for AI that predicts equipment failure from ultrasonic vibrations". Venture Beat. January 31, 2019.
  38. "FFL exits public safety firm TriTech". The PE Hub Network. November 21, 2014. Retrieved May 1, 2017.
  39. "Meet Twitter's Newest Investor: Insight Venture Partners". The Wall Street Journal. September 28, 2009. Retrieved March 29, 2017.
  40. "Tumblr Lands $85 Million in Funding". The New York Times. September 26, 2011. Retrieved March 29, 2017.
  41. "All-In-One Backup Provider Unitrends Acquired By Insight Venture Partners". CRN. October 31, 2013. Retrieved May 1, 2017.
  42. "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.
  43. "WorkForce Software Receives Majority Equity Investment Insight Venture Partners". FinSMEs. April 24, 2014. Retrieved May 1, 2017.
  44. "AIM Program Fund Performance Review". CalPERS. September 30, 2011. Archived from the original on April 19, 2012. Retrieved January 29, 2017.
  45. "Midas List 2019". Forbes. Retrieved 2020-01-28.
  46. "30 Under 30 2017: Venture Capital". Forbes. Retrieved 2020-01-28.
  47. "PEI 300 | Top private equity firms". Private Equity International. Retrieved 2020-01-28.
  48. Price, Rob. "RANKED: The 22 most prominent venture capital investors in Europe in 2017". Business Insider. Retrieved 2020-01-28.
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