If you have not heard, Insight Partners has raised a $50 million Series A round in Reveal, which will allow them to finish out their 12th flagship fund. It is a very big deal because it is the biggest round they have ever invested in. It is also the first time Insight Partners has invested in a consumer-focused start-up. In addition, Insight Partners also led a $40 million Series B round in Frontegg, which is co-led by Stripes and Insight Partners.
Reveal raises $50 million in Series A round led by Insight Partners
Reveal is a business collaboration tool. The startup offers an online hub for partnership professionals. It’s a product that identifies the most important partners.
The company recently raised a $50 million Series A round led by Insight Partners and Insight Capital, and it’s also raised a $15 million Series A round from The New Normal Fund. It plans to increase its headcount from 40 to 120 within the next 18 months. It also plans to make use of the money to expand its white-label marketplace offering.
The platform enables B2B companies to build a network of sales and marketing teams. In addition, it includes a suite of tools for marketing and sales. It helps identify common sales accounts, and it identifies potential new leads. The company also claims it has an online learning center for partnership professionals.
It’s not a secret that B2B companies are making more of their revenues from partner ecosystems. However, fewer than 15 percent of these systems are sustainable. That’s according to a BCG study. In order to capitalize on this trend, Reveal wants to build a platform that makes it easy for these firms to do business. The company is building a suite of solutions to help businesses connect with their most important customers and partners.
Frontegg raises $40 million Series B round led by Stripes and Insight Partners
A company called Frontegg recently raised a $40 million Series B round led by Stripes and Insight Partners, a global software investor. The money will help the company grow its R&D and go-to-market efforts. Although Frontegg has already raised $70 million in total, it plans to use the funds to build out its infrastructure.
Frontegg, founded by Sagi Rodin and Aviad Mizrachi in 2019, is a multi-tenant platform that enables organizations to manage users through their life cycle. The platform is particularly suited to business-to-business SaaS applications, as it handles the full user journey, from signup to subscription. It supports authentication, subscription enforcement, and fine-grained authorization. It also includes the requisite pre-built components, making it a simple task to integrate with new SaaS offerings.
Aside from the money-spinner of a platform, the aforementioned multi-tenant solution boasts a bevy of other features. For example, it offers a no-code login page builder, which makes it easier to offer free trials. And it supports API-token management.
In fact, it has been said that the Frontegg platform is capable of handling even organization-wide updates. That’s a feat not easily achieved with today’s tools. That, plus the fact that it’s available on the open-source code-base, makes it an attractive proposition.
Insight Partners closes its 12th flagship fund
Insight Partners is one of the largest technology investment firms in the world. With its offices in New York City, London, and Tel Aviv, the firm has invested in more than 600 companies around the world. It focuses on investing in software, internet, and technology businesses.
The Insight Capital Fund XII closed on February 24 with a total capital commitment of more than $20 billion. It will invest in high-growth, ScaleUp and internet startups. It will also deploy capital in companies with e-Commerce bestlawyers360 and data-services business models. It will help the companies achieve their long-term objectives. Its existing portfolio includes Fanatics, Indiegogo, Airwatch, Drillinginfo, Kinnser Software, and New Relic.
Insight has a team of 350 employees, including 36 managing directors. The firm has participated in 55 IPOs and has backed more than 600 companies around the world. The company’s regulatory assets are over $90 billion yourjobnews.
The firm has also backed 164 early-through-late-stage portfolio companies in 2021. The firm is focused on recurring revenue businesses and has recently invested in Asia and Latin America. The firm has made 50 investments this year. It has also made bets on Twitter Inc. and FTX, a mobile and social networking company.
The Insight Capital Fund focuses on investing in growth equity technology companies. It can invest from the earliest stages of a company’s development, all the way to pre-IPO financings. It will continue to pursue transactions globally publiclawtoday.