Insight Partners, the New York-based venture capital firm, has slashed the $20B target for its latest fund and said it would slow down its pace of dealmaking. This comes after a year of slow fundraising as technology valuations have slumped. Insight Partners is one of the largest tech growth investors in the U.S., with $90B in assets.
Insight had an extremely busy 2021, participating in deals valued at $25B. But the number of rounds of investing Insight participated in in 2022 fell nearly 20%, and the total sum of deals dropped to $14.4B, according to Crunchbase. |