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Insight Partners

Insight Partners is a venture capital and private equity firm founded in New York in 1995 by Jeff Horing and Jerry Murdock, investing in software and technology companies from early through late stages. As of December 31, 2025, its website reported over $90 billion in regulatory assets under management and investments in more than 900 companies.

Contents19 sections
Key facts

Firm Profile and Founding

Founded in New York in 1995, Insight Partners has long focused on software investing. Its website describes it as a global software investor backing high-growth technology, software and internet startups and ScaleUps that transform industries. Its strategies include venture capital, growth equity, buyouts and structured equity.⁠[1]

Cofounders

Jeff Horing’s official biography describes him as cofounder and managing director since 1995. Jerry Murdock’s official biography describes him as cofounder and says he served as managing director until April 2011; his current website titles are advisor, cofounder and former managing director.⁠[2]

Jeff Horing’s Founding and Investment Role

Jeff Horing’s official page says he has co-founded and managed Insight since 1995, focusing on data, analytics, mobile, infrastructure and SaaS software in Europe, North America and Israel. The page reports his involvement in investments in more than 250 companies. This is a personal and institutional statement, not a measure of his independently held portfolio or audited returns.⁠[3]

Legal Entity, Brand and Regulatory Identifiers

The cover of the Form ADV annual amendment filed on March 31, 2026 gives the legal name as Insight Venture Management, LLC, the primary business name as Insight Venture Partners, and Insight Partners among other business names. It lists CRD 142994, SECU.S. Securities and Exchange CommissionThe U.S. Securities and Exchange Commission is the federal securities regulator of the United States. Created during the Great Depression by the Securities Exchange Act of 1934 and led by five commissioners, it has a three-part mission of protecting investors, maintaining fair, orderly and efficient markets, and facilitating capital formation.Open the full entry file number 801-67560, CIK 80167560 and LEI 5493005ORFKWDT4UK222.⁠[4]

Software-first, Stage-agnostic Strategy

The firm describes its approach as software-first and stage-agnostic: assessing opportunities, technology, teams and SaaS unit economics rather than treating the number of completed financing rounds as the sole boundary. It supports companies from seed through IPO preparation, combining capital, strategy, operating expertise and sourcing.⁠[5]

Fund XIII and Opportunities Fund II

On January 16, 2025, Insight announced its thirteenth flagship fund and associated buyout coinvestment fund, together called Fund XIII, alongside the closing of structured equity fund Opportunities Fund II. Combined deployable capital was $12.5 billion. The announcement said the flagship typically invests $5 million to more than $500 million per company, from the earliest institutional investment through IPO; Opportunities Fund typically provides alternative financing through structured preferred equity.⁠[6]

Assets Under Management and Cumulative Investments

As of December 31, 2025, Insight’s About page reported more than $90 billion in regulatory assets under management, investments in more than 900 companies worldwide and over 55 portfolio company IPOs. These dated, self-reported scale measures are not fund net returns. The page also warns that featured investments are not a representative sample of all investments and past performance does not guarantee future results.⁠[1]

Leading Linktree’s First Institutional Financing

Investing in Wiz’s Series A

Leading Spacelift’s Series B

Activity and Different Reporting Dates

The 2025 review, with figures as of December 15, 2025 unless otherwise noted, reported more than 875 cumulative investments, $90 billion in regulatory assets under management and over 55 IPOs. During the year its active portfolio exceeded 550 companies, with 64 new investments and more than 25 exits. The later December 31 About page used the updated figure of more than 900 companies; the reporting dates differ.⁠[11]

Insight Onsite and Portfolio Support

Insight Onsite is the firm’s internal growth operating platform. Its 2025 review reported more than 130 professionals, 40 Onsite Hour events for portfolio companies, over 12,000 public openings across its talent network and more than 370 executive introductions that year. These are the firm’s self-reported operating activity measures.⁠[11]

Headquarters and Global Offices

Form ADV lists the principal office at 1114 Avenue of the Americas, 36th Floor, New York, NY 10036. The 2025 fund announcement states that the firm is headquartered in New York, with offices in London, Tel Aviv and the San Francisco Bay Area.⁠[6]

Current Investment Team Scope

The website’s Investors filter lists 46 managing directors.⁠[12]

SEC Administrative Order

On June 20, 2023, the US Securities and Exchange Commission issued an administrative and cease-and-desist order against Insight Venture Management, LLC. It found that from August 2017 through April 2021 Insight applied permanent impairment criteria at the portfolio-company level rather than the portfolio-investment level required by fund agreements, overcharging $773,754.41 in management fees. It also failed to disclose conflicts arising from its narrow, partly subjective impairment criteria and lacked reasonably designed written compliance policies.⁠[13]

Co-leading Nominal’s Series C

Remediation, Repayments and Sanctions

The SEC order records remediation: during the examination, Insight adopted and disclosed more objective impairment criteria, waived its ability to reverse permanent impairments and repaid $3,821,032.32 in fees and interest relating to four companies. In May 2023 it repaid another $864,958.17, including the identified overcharge and $91,203.76 in interest. The order imposed a cease-and-desist requirement, censure and a $1.5 million civil penalty; the repaid $773,754.41 and $91,203.76 satisfied disgorgement and prejudgment interest. The SEC stated that its findings arose from an accepted settlement offer: Insight admitted jurisdiction but neither admitted nor denied the other findings, and the SEC considered its remediation and cooperation.⁠[13]

Information Boundaries

Asset scale, cumulative investments, IPOs, annual activity and Onsite figures are self-reported on the firm’s website using their original reporting dates.⁠[1]

Sources

  1. About Us | Insight Partners (opens in a new window)
  2. Jerry Murdock | Insight Partners (opens in a new window)
  3. Jeff Horing | Insight Partners (opens in a new window)
  4. Form ADV: Insight Venture Management, LLC (CRD 142994) (opens in a new window)
  5. The Insight Way: 30 years of scaling the future of software (opens in a new window)
  6. Global Software Investor Insight Partners Closes on $12.5B in Capital to Invest in the Next Generation of Software Leaders (opens in a new window)
  7. Linktree raises $10.7m USD (opens in a new window)
  8. “Link-in-bio” startup Linktree raises $110 million (opens in a new window)
  9. Wiz Emerges from Stealth with $100 Million Series A Financing and a Mission to Reinvent Cloud Security (opens in a new window)
  10. Spacelift raises $15m in Series B funding from Insight Partners (opens in a new window)
  11. Insight at 30: Our 2025 year in review (opens in a new window)
  12. Investors | Insight Partners (opens in a new window)
  13. In the Matter of Insight Venture Management, LLC, Investment Advisers Act Release No. 6332 (opens in a new window)
  14. Nominal raises $240M at a $3B valuation to build the intelligence platform for hardware engineering (opens in a new window)