Global Software Investor Insight Partners Raises $12.5B for New Tech Bets

What's Happening:

Insight Partners just closed $12.5 billion across multiple funds to invest in software companies globally, marking its largest fundraising effort as the firm celebrates its 30th anniversary, according to a company announcement.

The Key Moves:

• Insight closed its thirteenth flagship fund alongside a dedicated buyout co-invest vehicle (Fund XIII), plus a structured equity fund called Opportunities Fund II

• The firm can now write checks from $5 million to over $500 million per investment, spanning early-stage startups to pre-IPO companies

• The funds received strong backing from existing investors, with Insight employees making the largest combined commitment

Key Players:

• Jeff Horing - Co-Founder and Managing Director, Insight Partners

• Deven Parekh - Managing Director, Insight Partners

By The Numbers:

• $12.5 billion - Total capital raised across new funds

• $90 billion - Insight's total regulatory assets under management as of September 2024

• $8 billion - Total realizations from exits in 2024, including sales of Recorded Future to Mastercard and WalkMe to SAP

Key Quotes:

• "For 30 years, Insight Partners has been more than an investor—we have been a partner to software leaders, helping them scale transformative ideas into global powerhouses." - Jeff Horing

The Wrap:

This massive fundraise reinforces Insight Partners' position as a dominant force in software investing at a time when tech valuations are rebounding. The firm's ability to raise $12.5 billion signals strong investor confidence in both the software sector and Insight's strategy of providing flexible capital across different stages of growth.