New York-based venture capital and private equity firm Insight Partners announced the closing of its thirteenth flagship fund, along with a buyout co-invest fund – Fund XIII. It also announced a structured equity fund, Opportunities Fund II, totalling $12.5 billion. These funds aim to support software companies globally at various growth stages.
This fund saw significant contributions from Insight’s employees. With this fund, the VC has $90 billion of assets under management.
New funds’ investment strategy
The flagship Fund XIII will invest between $5 million and $500+ million in a company. It will invest from the earliest institutional check to the IPO. The Opportunities Fund provides structured equity investments to support growth and strengthen finances, offering flexible funding for software companies globally. Apparently, it will provide flexible financing solutions to software companies worldwide at any stage of their growth.
Since 1995, Insight Partners has taken a bold approach to software investing, focusing on scaling through partnerships rather than transactions. It supports high-growth technology and software companies that are driving industry transformation.
While the locked IPO market means lagging returns for many VCs, Insight Partners claims to have performed well with its portfolio companies logging over $8 billion on exits in 2024 through acquisitions. Some of these sales were to Mastercard, Salesforce, and SAP.
Portfolio of investments
Insight Partners has invested in over 800 companies worldwide with more than 55 achieving IPOs. One notable investment is its contribution to Databricks’ $10 billion round, which valued the company at $62 billion. Here are some notable companies from Insight Partners’ portfolio:
- Monday.com: A work operating system enabling team collaboration and project management.
- Qualtrics: A leader in experience management, with a focus on customer and employee insights.
- Mural: A digital workspace for visual collaboration, particularly for remote teams.
- N26: A leading mobile bank offering fully digital financial services.
- BlaBlaCar: A ridesharing platform connecting drivers with empty seats to passengers traveling the same route.
- Vinted: A European platform for buying, selling, and swapping pre-owned fashion.
- Hootsuite: A social media management platform.
Talking about Insight Partners, which is headquartered in New York City, has offices in London, Tel Aviv, and the Bay Area.
