Deven Parekh is a Managing Director at Insight Partners and joined the firm in 2000. Deven manages investments in application software, data and consumer internet businesses globally. Notable previous companies in Deven’s portfolio have included Buddy Media (acquired by Salesforce, NASDAQ: CRM), Chegg (IPO), Football Fanatics (acquired by GSI Commerce, later acquired by eBay), Media Mind (IPO and subsequent sale to DG Fast Channel), Procuri (acquired by Ariba, NASDAQ: ARBA), ECI Solution (sold to Carlyle), Russian Trading System (merged with MICEX), Tumblr (acquired by Yahoo!), Hayneedle (sale to Jet.com), Syncsort (sale to Clearlake Capital), Alibaba (IPO), Twitter (IPO), JD.com (IPO), Website Pros (IPO), Yext (IPO), Drilling Info (sale to Genstar Capital), eVestment (sale to NASDAQ). Deven is a global investor, having actively worked with investments in China, Latin America, Europe and Russia.
Deven currently serves as Board Chair for Turnitin, Community Brands, Bullhorn, Appriss, Episerver, and EveryAction. He is a member of the Board of Directors for Fanatics, Diligent, 1stdibs, Vela, Chrono24, Wallapop, Campaign Monitor, and Property Brands. He represents the firms interests in Despagar, Automattic (Wordpress), SkyTap and Zenefits.
Deven was previously a Principal at Berenson Minella & Company, a New York based merchant banking firm where he served on the firm’s M&A Committee. Prior to Berenson Minella, Deven was with The Blackstone Group, where he was involved in both M&A advisory and principal activities.
Deven was selected in 2014 by AlwaysOn as a Venture Capital 100 winner for his investments in Twitter and Chegg. He was also selected to be on the 2014, 2015, 2016, 2017, and 2018 Forbes Midas list. In 2016, 2018, and 2019 he was selected as a Top 100 Venture Capitalist by CB Insights. He is a Member of the Technical Advisory Council of the Federal Communications Commission (FCC) which assists the Commission with developing informed technology policies supporting America’s competitiveness and job creation in the global economy. During the period 2010–2012, Deven served as a Member of the Advisory Board of the U.S. Export-Import Bank which is the official export credit agent of the United States. He was nominated by President Obama and confirmed by the U.S. Senate in 2016 to be on the Overseas Private Investment Corporation Board. In 2006, Deven was named a Henry Crown Fellow of the Aspen Institute, which seeks to develop the next generation of community spirited leaders.
He is Chairman Emeritus of the Board of Publicolor (which he chaired from 2007 – 2012), a New York City based non-profit organization that focuses on inner city schools. He is a Member of the Board of the Tisch New York MS Research Center. He has also served on the Board of Trustees and Executive Committee of the Ethical Culture Fieldston School. He serves on the Mayor’s fund to Advance New York City Board of Advisors. Deven serves on the Board of Overseers of NYU Langone. Deven is also a member of the Council on Foreign Relations as well as the Economic Club of New York. Deven received a BS in Economics from the Wharton School at the University of Pennsylvania.