Insight Partners Sets Record With 125 Billion Fund Raise

Insight Partners’ $12.5 Billion Fund Raising Sets New Benchmark for Venture Capital

In a significant move, Insight Partners has secured $12.5 billion for its 13th flagship fund and Opportunities Fund II. This substantial influx of capital underscores the firm’s continued commitment to supporting software leaders as they scale transformative ideas into global powerhouses.

According to Jeff Horing, co-founder and managing director at Insight Partners, the new fund is a testament to the trust his team has built with founders, limited partners, and the wider venture capital community. “For 30 years, we’ve been more than just investors – we’ve been partners,” Horing said in a statement. “Fund XIII represents our continued dedication to empowering software leaders to drive transformative change.”

Insight Partners’ ability to secure significant funding for its flagship fund is all the more impressive given the firm’s sizeable assets under management, which now exceed $90 billion. Its investment strategy typically involves investing between $5 million and $500 million in companies, with a focus on supporting ambitious software leaders.

The firm made 63 investments last year alone, reflecting the firm’s commitment to backing innovative startups. Insight Partners’ involvement in Databricks’ massive $10 billion round at a $62 billion valuation, announced late last year, further underscores the firm’s influence in the industry. As one of the largest venture capital raises of 2024 and one of the largest on record, this deal highlights Insight Partners’ continued success in identifying and supporting high-growth startups.

Other prominent VC firms, such as Lightspeed Venture Partners and Andreessen Horowitz, are also expanding their fundraising efforts, with Lightspeed reportedly set to raise around $7 billion for three new funds. The competitive venture capital landscape has led to liquidity concerns being a pressing issue, but Insight Partners’ success is a notable exception.

The firm’s latest fund-raising efforts are part of its ongoing strategy to support software leaders as they drive transformative change. With this significant influx of capital, Insight Partners remains well-positioned to continue backing innovative startups and helping them achieve their full potential.