Existing investors Insight Venture Partners, Lead Edge Capital, Mack Capital and Volition Capital led the new funding round, with participation from Silicon Valley Bank (NASDAQ: SIVB). Across its people and its portfolio, Insight encourages a culture around a belief that ScaleUp companies and growth create opportunity for all.Ensighten, the leading global omni-channel data and tag management provider, today announced that it has raised $53 million in debt and equity financing to further its mission of helping global brands simplify their customer data operations and drive more intelligent interactions based on a single view of the customer. Insight's mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Founded in 1995, Insight Partners has cumulatively invested in more than 400 companies worldwide through a series of funds representing more than $30 Billion in capital commitments. We hope other investment leaders join us in this mission to make the VC and PE ecosystem more diverse and equitable."įunds and investors looking to learn more can contact Insight Partners: Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software ScaleUp companies that are driving transformative change in their industries. "We are excited to be part of a solution that provides the capital and support the next generation of diverse manager talent needs to succeed. "Insight Partners is proud to have raised and deployed Vision Capital 2020 and recognizes the need to take swift action to close the disproportionate diversity gap across the venture capital field," said Richard Wells, Managing Director, Insight Partners. Vision Capital 2020 LP was featured at Insight Partners' Juneteenth Webinar, Voices with Vision. Monique Woodward, Founder of Cake Ventures and Mac Conwell of RareBreed Ventures discussed their personal and professional journeys to becoming investors, and each highlighted how Insight's shared vision for a better future creates opportunities for underrepresented investors and business executives. Vision Capital 2020 is, as of today, fully invested, and Insight will provide general guidance and professional mentoring to GPs as part of Insight's ongoing commitment to increasing diversity in the software and venture capital industry. Across the 12 funds, GP leadership is 83% Black or Latinx, 39% female, and 42% first-time funds. As a limited partner in these funds, Vision Capital 2020 supports a diverse slate of investors who provide growth and seed capital to companies in the US and abroad.Īfter launching a diligence process that tracked more than 250 funds, Vision Capital 2020 made investments in 12 funds including January Ventures, Cake Ventures, Chingona Ventures, Fearless Fund, Footwork Capital, Harlem Capital, Maple VC, NOEMIS Ventures, RareBreed Ventures, Precursor Ventures, and Ulu Ventures. Vision Capital 2020 supports funds led by General Partners (GP) identifying as Black, Latinx, female or LGBTQ+, who are raising a first or second fund. The current venture capital industry sees 93% of VC dollars managed by white males, 3% by white females, and <1% managed by other diverse groups including Black and LatinX investors of both genders. Vision Capital 2020, which was raised entirely through capital commitments from senior partners of Insight, seeks to address the industry's pipeline problem by providing capital to diverse managers as an effective action to help close the industry's diversity gap. NEW YORK, June 21, 2021 /PRNewswire/ - Insight Partners, a leading global venture capital and private equity software investor, announced today it has raised and deployed a $15M Vision Capital 2020 Limited Partner Fund (Vision Capital 2020) to invest in diverse-led, early-stage funds.
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