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Announcing Insight’s $6.3 Billion Fund X

Insight Onsite | July 19, 2018| 1 min. read

Insight Venture Partners (Insight), a leading global private equity and venture capital firm, announced today the close of its Fund X at $6.3 billion, the firm's largest to date. The oversubscribed fund will be used to further its leading growth equity technology investment engine. With the close of the new fund, Insight has a total of over $23 billion under management. 

 In the first six months of 2018, three of the top 10 highest valued US venture-backed companies that went public were Insight portfolio companies. Notable recent IPOs across the globe include Pluralsight, Smartsheet, Delivery Hero, HelloFresh, Yext, and Alteryx.

"The closing of Fund X is a historic moment in Insight Venture Partners' 20 plus year history, demonstrating continued confidence by our global investors in our ability to invest in industry-leading software companies," said Jeff Horing, Co-Founder and Managing Director, Insight Venture Partners.

"Our growth equity expertise has extended to private equity success through multiple M&A platform companies that give us the flexibility to invest in a variety of scaling organic growth opportunities, as well as PE-style inorganic growth stories," added Managing Director, Deven Parekh.

Insight Venture Partners' Fund X follows the firm's previous Fund IX and related growth buyout fund, which closed in 2015 at approximately $5 billion.