Search results for Insight Partners
AI & Enterprise
Insight Partners diversifies AI bets instead of piling into OpenAI or Anthropic
Insight Partners is avoiding heavy concentration in a single AI company even as venture capital flows toward OpenAI and Anthropic. Co-managing partner Devyn Parekh says long-term performance has favored diversification, and investors do not want outsized exposure. He also warns valuations are heating up like 2021 and prefers smaller early checks with follow-on funding once growth is proven. The firm prioritizes liquidity and says it returned more than $20 billion over two years.
AI & Enterprise
Wonderful raises $550 million in Series C at $5 billion valuation
Enterprise AI operating system company Wonderful said on Monday it raised $550 million in a Series C funding round, valuing the company at $5 billion. The round was led by global venture capital firm Insight Partners, with follow-on participation from Salesforce and existing investors including Index Ventures, IVP, Vy Capital, 9Yards and Bessemer Venture Partners. Wonderful plans to use the funds for product development and global expansion.
AI & Enterprise
AI travel agency Fora raises $60 million, reaches unicorn status
AI-based travel agency Fora has raised $60 million in a Series D funding round and received a $1 billion valuation. TechCrunch reported on July 16 local time that Forerunner and Tactile Ventures led the investment, with Insight Partners and Thrive Capital also participating. Founded in 2021, Fora connects travel advisors and users and plans to expand its AI assistant, Via, while increasing hiring and broadening into areas such as cruises and airlines.
