Global software investor, Insight Partners, today announced the final closing of its twelfth flagship fund, along with a dedicated co-invest fund that will participate in certain investments alongside the flagship fund (“Fund XII” or the “Fund”) to invest in global high-growth technology, software and Internet businesses. Fund XII closed with total capital commitments in excess of $20 billion. This marks the firm’s largest fundraise to date which received strong support from both long-standing and notable new investors. Collectively, Insight’s employees remain the largest investor in the fundraise, highlighting the firm’s commitment to the software ecosystem and confidence in its global investment strategy. The closing of this new fundraise brings Insight Partners’ regulatory assets under management to over $90B.

“Fund XII is a vote of confidence from the industry and our long-term and new investors, and we are grateful for their support. We’re proud that Insight Partners’ proven track record for investing in the software sector puts us amongst the leaders in supporting and scaling innovative companies,” said Deven Parekh, Managing Director. “Fund XII allows us to continue to meet great software leaders on their growth journey and support them with the capital and operational guidance they need to be successful at each stage. Fund XII means there is no great software company for which we don’t have a capital solution.”