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]
October 26, 2020Leading Linktree’s First Institutional Financing
Insight Partners and AirTree led a $10.7 million financing for link-in-bio platform LinktreeLinktreeLinktree is a link-in-bio platform founded in Melbourne in 2016 by Alex Zaccaria, Anthony Zaccaria and Nick Humphreys. It lets users gather content, websites, social accounts and commercial destinations behind a single link. The company later added analytics, social scheduling, commission-based shopping, digital-product sales and messaging, raised funding at a $1.3 billion valuation in 2022, and says on its website that it has more than 70 million users.Open the full entry, its first institutional funding. Insight subsequently participated in Linktree’s 2021 Series B and its $110 million financing in 2022.[7][8]
December 2020Investing in Wiz’s Series A
On December 9, 2020, Wiz (cloud security company)Wiz (cloud security company)Wiz is a cloud and AI security platform company headquartered in New York, founded in January 2020 by Assaf Rappaport, Ami Luttwak, Yinon Costica and Roy Reznik. Google announced an all-cash agreement to acquire Wiz for $32 billion in March 2025 and completed the deal on March 11, 2026; Wiz joined Google Cloud and kept its brand.Open the full entry emerged from stealth with a $100 million Series A from Index VenturesIndex VenturesIndex Ventures is a venture capital firm founded in Geneva in 1996. It invests from seed through growth and operates across London, San Francisco and New York, supporting technology companies through a transatlantic network.Open the full entry, Sequoia, Insight Partners and Cyberstarts. Insight Partners managing director Jeff Horing joined its board.[9]
June 2021Leading Spacelift’s Series B
On June 15, 2021, Insight Partners led a $15 million Series B for infrastructure-as-code management platform SpaceliftSpaceliftSpacelift is an infrastructure-as-code (IaC) orchestration platform company whose product manages deployment workflows and governance policies across tools such as Terraform, OpenTofu, Pulumi, CloudFormation and Ansible; it is the largest sponsor of the open-source OpenTofu project.Open the full entry, with existing investors Blossom Capital, Inovo Venture Partners and Hoxton Ventures participating.[10]
2025Activity 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]
2023SEC 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]
November 9, 2026Co-leading Nominal’s Series C
On November 9, 2026, hardware engineering intelligence platform Nominal (hardware engineering software company)Nominal (hardware engineering software company)Nominal is a U.S. hardware engineering software company founded in 2022 by Cameron McCord, Bryce Strauss and Jason Hoch. Headquartered in Austin, it provides a data and agent platform for complex hardware development, testing, manufacturing and operations.Open the full entry announced a $240 million Series C at a $3 billion valuation. Lightspeed Venture PartnersLightspeed Venture PartnersLightspeed Venture Partners backs companies from seed through late-stage financing. Its website distinguishes Lightspeed Management Company (LSVP) from Lightspeed India Partners (LSIP): the two are separately operated investment advisers, with the U.S., European, and Israeli offices belonging to LSVP and the India and Southeast Asia offices belonging to LSIP.Open the full entry led the round, Insight Partners co-led it.[14]
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
- About Us | Insight Partners (opens in a new window)
- Jerry Murdock | Insight Partners (opens in a new window)
- Jeff Horing | Insight Partners (opens in a new window)
- Form ADV: Insight Venture Management, LLC (CRD 142994) (opens in a new window)
- The Insight Way: 30 years of scaling the future of software (opens in a new window)
- 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)
- Linktree raises $10.7m USD (opens in a new window)
- “Link-in-bio” startup Linktree raises $110 million (opens in a new window)
- Wiz Emerges from Stealth with $100 Million Series A Financing and a Mission to Reinvent Cloud Security (opens in a new window)
- Spacelift raises $15m in Series B funding from Insight Partners (opens in a new window)
- Insight at 30: Our 2025 year in review (opens in a new window)
- Investors | Insight Partners (opens in a new window)
- In the Matter of Insight Venture Management, LLC, Investment Advisers Act Release No. 6332 (opens in a new window)
- Nominal raises $240M at a $3B valuation to build the intelligence platform for hardware engineering (opens in a new window)