In 2021, Wall Street was gripped by a bubble that saw the sale of a record number of companies while investors, both private equity and venture, piled into deals like never before. One of the most aggressive firms was Insight Partners, which deployed a $20 billion fund during that year. Now, some are worried that the high multiples that Insight and other firms paid for companies in 2021 will prove excessive, making it hard to secure a profit.
Insight Partners was founded in 1995 by Jeff Horing, managing partner, and Jerry Murdock, who has since retired. The New York firm invests in companies from the seed round to the IPO and focuses on sectors such as enterprise software, cybersecurity, healthcare IT, and fintech sectors. Early deals include Twitter and Alibaba. Insight typically invests from $5 million to over $500 million per company. The firm currently employs about 485 people, including 100 investment professionals. It has about $89 billion in assets under management, according to placement documents.
