Insight Partners
Software focused growth equity firm
New York, NY

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Overall Rank: 1
Category: Mid/Large Cap Growth
Category Rank: 1

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Profile

Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology startup and ScaleUp software companies that Insight believes are driving transformative change in their industries. Since its founding in 1995, Insight has invested in 800+ companies and supported 110+ strategic exits, including 55+ successful IPOs of Insight portfolio companies. Insight’s mission is to find and fund scalable companies and work with people that the firm believes are visionary executives and founders, providing them with the practical, hands-on software expertise that fosters long-term success.


The firm’s ability to leverage data and pattern recognition enables Insight to provide strategic support and scale up companies at every stage of the growth cycle. Critical to this ability is Insight Onsite, the firm’s software-focused operations team comprised of 140+ operators who work alongside Insight portfolio companies in key areas of growth. Insight also offers Insight IGNITE, the firm’s enterprise technology network trusted by executives from many of the world’s most established businesses to connect, learn, and drive decision-making and business excellence. The IGNITE network offers 2000+ senior IT executives access to like-minded peers and Insight Partners’ enterprise-ready portfolio through bespoke events, briefings, and programming.


www.insightpartners.com


Awards

2024 Top 25 Healthcare Investor, Scott Barclay

2023 Top Growth Equity Firms

2023 Top 40 Under 40 Growth Investors, Henry Frankievich

2023 Top Software Investors, Jon Rosenbaum, Matt Gatto

2023 Top Private Equity Firms

2023 The Top Women Leaders in Growth Investing, Rebecca Liu-Doyle, Dionne Chingkoe

2023 Top 25 Healthcare Investor, Lonne Jaffe, Scott Barclay

2022 Top 25 Growth Equity Firms

2022 Top 40 Under 40 Growth Investors, Thomas Krane, David Spiro

2022 Top 25 Software Investors, Rebecca Liu-Doyle, Teddie Wardi

2022 Top Women Leaders in Growth Investing, Rachel Geller

2022 Top 25 Healthcare Investors, Lonne Jaffe, Jon Rosenbaum

2023 Top 25 Healthcare Investors, Lonne Jaffe, Scott Barclay

2022 Top 25 Growth Equity Firms

2022 Top 40 Under 40 Growth Investors, Thomas Krane, David Spiro

2021 Top 25 Growth Equity Firms

2021 Top 40 Under 40 Growth Investors, Rachel Geller, Matt Gatto

2021 Top 25 Software Investors, Jeff Lieberman, Rachel Geller

2021 Top 25 Healthcare Investors, Nikhil Sachdev

2020 Top 25 Growth Equity Firms

2020 Top 40 Under 40 Growth Investors, Ryan Hinkle, Ross Devor, Matt Gatto, Teddie Wardi

2020 Top 25 Software Investors, Deven Parekh

2019 Top 40 Under 40 Growth Investors, Ryan Hinkle, Anika Agarwal, Ross Devor, Matt Gatto, Teddie Wardi

Key People

Jeff Horing, Co-Founder & Managing Director

Jeff Horing is a co-founder of Insight Partners and has been a Managing Director since 1995. His areas of focus include data, analytics, mobile, and infrastructure and SaaS software in Europe, North America, and Israel. Jeff has led investments in more than 150 companies, notably nCino (NCNO), JFrog (FROG), Alteryx (AYX), AirWatch (acquired by VMware), Shutterstock (SSTK), TeamViewer (acquired by Permira), WIX (WIX), and Greenfield Online (SRVY, later acquired by Microsoft).

Deven Parekh, Managing Director

Deven Parekh is a Managing Director at Insight Partners. Since joining Insight in 2000, he has led more than 140 investments in enterprise software, data, and consumer internet businesses globally, including Alibaba (IPO), Bullhorn (sale to Stone Point Capital), Calm, Checkout.com, Diligent, Ellkay, Enverus (sale to Genstar), EveryAction (sale to Apax), Fanatics, Gamma, JD.com (IPO), Saks.com, Splitwise, and Twitter (IPO). In addition to his work at Insight and board work for his portfolio companies, Deven currently serves as a Board Member for the Council on Foreign Relations, NYU Langone, the Carnegie Endowment for International Peace, and the Tisch New York MS Research Center. He was also confirmed by the United States Senate to serve on the Board of Directors for the U.S. International Development Finance Corporation. In December 2021, Deven was named a recipient of the Robert F. Kennedy Ripple of Hope Award.

Jeff Lieberman, Managing Director

Jeff Lieberman has been a Managing Director at Insight Partners for 24 years, during which time he has watched and worked with some of the world’s best entrepreneurs as they built teams and technology, and scaled innovation. Jeff has led investments in leading companies such as Qualtrics, DeliveryHero, HelloFresh, Cvent, Mimecast, and Udemy, and serves on the boards of numerous private and public companies in both consumer internet and software. Outside of work, Jeff and his wife founded The Monarch Foundation to focus on NYC early childhood poverty, including putting cash in the hands of poor mothers (The Bridge Project), and is an activist for climate change.

Michael Triplett, Managing Director

Michael Triplett is a Managing Director and joined Insight Partners in 1998. He focuses on investments in infrastructure and application software, and has been instrumental in investments in more than 20 companies, many of which have achieved fast growth and realized significant value for shareholders and employees. Notable among these are the IPOs of Click Commerce, SolarWinds (SWI), and Quest Software, and many acquisitions including Aelita Software (acquired by Quest Software), GFI’s TeamViewer (acquired by Permira), ThreatTrack (acquired by J2 Global), and LOGICnow (acquired by SolarWinds). Mike currently oversees Insight’s investments or serves on the board of directors at Kaseya, Veeam, Recorded Future, Thycotic, Tricentis, Cloudbolt, Coreview, Lakeside Software, Liveaction, Kasten, Firemon, Carbon Relay, Keyfactor, Prevalent, AnyDesk, and Resolve Systems.

Ryan Hinkle, Managing Director

Ryan Hinkle joined Insight Partners in 2003 and has worked across many industries, geographies, and deal structures spanning SaaS, internet, and infrastructure software companies primarily in North America, Europe, and Australia. Ryan has led or participated in over 30 investments including growth equity, leverage buyouts, growth buyouts, and platform roll-ups. Current investments include scaled leveraged buyouts (Optimizely, Diligent, InhabitIQ, CivicPlus), growth SaaS companies (HqO, Plume, iLobby, PayCargo), and growth buyouts (PayIt, Workforce Software). His vertical investment experience includes education, collaborative work management, real estate, and payments software. Ryan’s past investments include 6 IPOs and over a dozen partial or full sales to financial sponsors and strategic acquirers.

Richard Wells, Managing Director

Richard Wells has over 20 years of experience in investing and advising managers of high-growth technology companies. He joined Insight Partners as a Managing Director in 2005 and focuses on investments in application software, infrastructure management, DevOps, cybersecurity, and defense technology, and has sponsored over 40 investments at Insight and has realized 15 acquisitions and 2 IPOs. He currently serves on the boards of multiple portfolio companies and is active with the boards of others. Richard also serves on the board of directors of the Semper Fi & America’s Fund, a non-profit organization focused on assisting combat wounded, critically ill, and catastrophically injured veterans and their families, as well as on the board of the Honor Foundation, a non-profit organization focused on assisting Special Operations forces’ transition from active duty to the private sector. He also helps lead Insight’s effort to invest in diverse-led, early-stage investment funds to close the venture capital industry’s diversity gap.

Cian Cotter, Managing Director, Investor Relations

Cian Cotter is a Managing Director at Insight Partners. He joined Insight in 2003 and leads the firm’s capital markets and capital formation activities, including managing inbound deal flow from the banking sector and maintaining relationships with the global investment banking and capital markets communities. Cian also focuses on creating strategic outcomes for Insight’s portfolio companies including IPO planning and execution, recapitalizations, and M&A advisory. He leads Insight’s relationships with strategic acquirers in the software and internet sectors and helps strengthen corporate and business development activities on behalf of Insight’s portfolio companies. As part of Cian’s leadership of Insight’s capital formation activities, he is responsible for Insight’s relationships with potential and existing investors.

Hilary Gosher, Managing Director, Onsite

Hilary Gosher joined Insight Partners as a Managing Director over two decades ago. She founded and leads Insight Onsite, the firm’s team of 140+ operators and growth experts who work alongside Insight portfolio companies to accelerate scale and identify key areas of growth. Hilary has provided investment, growth, and board support for Drillinginfo, Turnitin, five IPOs (Alteryx, Cvent, Mimecast, Medidata Solutions, Shutterstock), and 13 portfolio exits (notably, DataSift, Fuze, Evestment, ECI Solutions, OverDrive, Primavera, Netsmart Technologies, TeamViewer, Shunra, Vertafore).

Funds Raised

Insight Partners was founded in 1995 with the foresight that software would fundamentally change the world. Over the firm’s 28+ years, Insight has become a leading global venture capital and private equity firm investing in high-growth technology startup and ScaleUp software companies that Insight believes are driving transformative change in their industries.

Since raising Fund I, its first flagship fund in 1995 with $24.1M, to closing Fund XII, its most recent and largest flagship fund in 2021 with $20B+, Insight has invested $45B+ in over 800 primary investments with over 55 portfolio company IPOs. The firm’s flexible, stage-agnostic approach to investing allows it to target growth-stage software businesses anywhere in the startup lifecycle—from seed through IPO.

As the size of Insight’s funds grew, so did the firm. With a team of 500+ investors, operators and experts and $80B+ in regulatory assets under management as of June 30, 2023, Insight has become one of the world’s largest investors in high-growth software companies.

Fund Name Size Date
Fund XI Follow-On $172.3M 2022
Fund XII $17.23B 2021
Fund XII Buyout $2.81B 2021
Fund X Follow-On $1.23B 2021
Fund XI $9.54B 2019
Fund X $6.31B 2017
Fund GBCF $1.51B 2015
Fund IX $3.44B 2014
Fund IVP Co III $510M 2014
Fund VIII $2.57B 2013

Key Investments

CoreLogic: Invested June 2021
Sector: Software, PropertyTech

CoreLogic is a leading, independent provider of property data and analytics. The company helps people build better lives by providing rich, up-to-the-minute property insights that inform the very best property decisions.

Optimizely: Invested October 2018
Sector: Software, eCommerce, GTM Tech

Optimizely is on a mission to help people unlock their digital potential. With its leading digital experience platform (DXP), Optimizely equips teams with the tools and insights they need to create and optimize in new and novel ways.

NMI: Invested October 2021
Sector: Software, FinTech

NMI is a leading global full commerce enablement platform, processing more than $200 billion in payments annually. NMI enables over 3,500 partners that serve over 300,000 merchants around the world and across the commerce ecosystem, including merchant underwriting, onboarding, and management, along with payments acceptance across online, in-store, mobile, and unattended.

DistroKid: Invested October 2021
Sector: Software, IT Infrastructure

Founded in 2013, DistroKid distributes 30-40% of all new music in the world. They have built their business on providing musicians, managers and record labels with online tools and services that are innovative, easy-to-use, and affordable.

iad: Invested April 2021
Sector: Internet Services, PropertyTech

Created in 2008, iad is a real estate network made up exclusively of independent commercial agents registered in the special register of commercial agents and whose activity is the marketing of real estate properties in a network. The DNA of iad is based on 3 pillars: real estate, the internet, and network marketing.

ELLKAY: Invested September 2021
Sector: HealthTech, AI/ML + Data

ELLKAY is a recognized healthcare connectivity leader, providing solutions and services nationwide. With 20 years of industry experience, ELLKAY empowers payers, hospitals and health systems, diagnostic laboratories, healthcare IT vendors, payers, and other healthcare organizations with cutting-edge technologies and solutions.

Inovalon: Invested November 2021
Sector: Software, HealthTech

Inovalon is a leading provider of cloud-based software solutions empowering data-driven healthcare. The Inovalon ONE® Platform brings together national-scale connectivity, real-time primary source data access, and advanced analytics to enable improved clinical outcomes and economics across the healthcare ecosystem.

Community Brands: Invested December 2016
Sector: Software, HR Tech

Community Brands is the leading provider of cloud-based software to associations, nonprofits, and K-12 schools. Organizations adopt Community Brands software to manage memberships, career centers, learning, accounting, mobile giving, peer-to-peer fundraising, donations, admissions, enrollments, and events.

Vector Solutions: Invested June 2021
Sector: Software, EdTech, Future of Work

Vector Solutions is the leading provider of award-winning, intelligent SaaS solutions that help organizations and individuals operate at the highest level and prepare for more challenging workplaces and environments. Providing industry-focused solutions that connect information and technology, its unique product set includes training management, continuing education (CE), compliance training, workforce scheduling, safety management, and more.

PDI Technologies: Invested March 2019
Sector: Software, Logistics / Supply Chain

With 40 years of industry leadership, PDI Technologies, Inc. resides at the intersection of productivity and sales growth, delivering powerful solutions that serve as the backbone of the convenience retail and petroleum wholesale ecosystem. By “Connecting Convenience” across the globe, PDI empowers businesses to increase productivity, make informed decisions, and engage faster with their customers.

Capital Responsibility

Insight believes that a proactive approach to ESG management is consistent with its fiduciary duty and its goal to achieve superior risk-adjusted returns for its investors. Moreover, Insight generally believes that innovative software and technology, which is the focus of its investment strategies, will play a critical role in advancing a more sustainable and prosperous future. While Insight does not consider ESG factors as determinative in its investment decisions and may make investments that are inconsistent with ESG considerations, Insight has adopted an ESG Policy to establish its commitment to responsible investment and to articulate its approach to integrating ESG considerations throughout the investment process. Insight’s ESG policy was originally developed in 2015 and is regularly reviewed and updated, as appropriate. In addition, Insight is a signatory of ILPA Diversity in Action and has committed to participate in the ESG Data Convergence Initiative.

At the firm-level and throughout the investment life cycle, Insight frequently leverages its 5+ year partnership with Malk Partners, a recognized subject matter expert, to conduct ESG due diligence, ongoing monitoring of the portfolio, ESG reporting to Insight LPs, and ESG training for Insight investment professionals. Where feasible and appropriate, Insight seeks to assess ESG risks and opportunities during confirmatory due diligence and to monitor ESG performance. For each portfolio company in which the firm invests, Insight considers various mechanisms, such as board-level oversight in cases where Insight has board seats, to monitor and influence its portfolio companies’ management of ESG issues. Overseeing Insight’s commitment to ESG is the firm’s ESG Committee, which includes Insight’s COO, General Counsel, Chief Compliance Officer, and others. Insight also has a full-time employee managing the firm’s ESG program on a day-to-day basis.

CEO Reviews

Kevin Thompson, CEO of Tricentis

“Insight has been deeply involved in our M&A strategy across ideation, sourcing, and diligence of opportunities. With their partnership, we have made 10 acquisitions that have strengthened our product portfolio and expanded our market opportunity.”

Darren Guccione, CEO of Keeper

“Insight is a special and unique PE fund. Their world-class team works closely with us on the most impactful aspects of our business. For example, they helped us define and create a strategic plan for us to execute on GTM-focused marketing and sales operations. This was instrumental in helping Keeper achieve record revenue growth and deliver on critical unmet needs of our global addressable markets.”

Amit Shaked, CEO of Laminar

“Insight IGNITE’s introductions to CISOs helped us refine our messaging and landed us some marquee accounts.”

Fred Voccola, CEO of Kaseya

“Insight has long been a go-to resource for our M&A strategy. From bolstering our product portfolio with small tuck-ins to acquiring Datto for $6.2B in 2022, we have been able to serve our customers in more and better ways in large part because of the expertise Insight brings in evaluating, executing, and integrating acquisitions.”

Andres Garcia, Co-Founder & CTO of Florence Healthcare

“As a CTO of a fast-growing company, moving from a startup into a scale up is hard. The Insight CTO and his team have been instrumental in facilitating the making of major and consequential decisions. We have collaborated in many ways, from conducting complete organizational assessments, to helping us select fully vetted vendors or partners. I have the certainty that when I have tough problems or new challenges I can reach out to a team that has experienced those situations in the past, and that can provide invaluable and actionable advice.”

Scott Almeida, CFO of Recorded Future

“Having Insight on-call as a thought partner for our annual financial planning and budgeting is an invaluable resource that helps us set ambitious, but bullet-proof goals for Recorded Future.”

 

The portfolio companies and portfolio company executives presented are examples of portfolio companies that Insight has worked with to assist the company achieve business and capital raising goals and are not intended to be a representative sample of all portfolio companies. The statements by portfolio company executives are intended to highlight their experiences working with Insight as an investor in their companies. The experiences of other portfolio companies and portfolio company executives may differ from the experiences presented. Insight did not provide compensation to the portfolio company executives or portfolio companies in connection with the statements provided by such executives. There is no guarantee that Insight’s work with other portfolio companies will produce similar results to those presented.