Insight Partners

Insight Partners is a global private equity and venture capital firm founded in 1995 that acts as a software investor, partnering with growth-stage technology and software companies. The firm concentrates on Fintech, Cybersecurity, AI/ML, DevOps, and Healthcare, providing capital and hands-on support to help management teams scale. Headquartered in New York City with offices in London, Tel Aviv, and Palo Alto, Insight Partners has more than $75 billion in assets under management, has invested in over 750 companies worldwide, and more than 55 portfolio companies have reached an IPO.

Abdi Adan

Analyst

Anika Agarwal

Managing Director

Liad Agmon

Managing Director

Aditya Agrawal

Associate

Praveen Akkiraju

Managing Director

Past deals in Procurement

Qualifyze

Series B in 2024
Founded in 2017, Qualifyze operates an online B2B platform connecting buyers and sellers of raw materials. It specializes in providing audit reports created by external auditors to pharmaceutical and food companies, maintaining a database of over 2,000 suppliers worldwide. The platform offers features such as ingredient search, supplier audits for decision-making, and customized ingredient alternatives based on user quality requirements.

Govly

Series A in 2023
Govly is a software platform that connects businesses with government contracting opportunities. It aggregates real-time, non-public contract feeds, allowing companies to monitor, curate, and analyze federal procurement data. Govly streamlines the bidding process from discovery to award, empowering businesses to focus on high-potential opportunities.

Stampli

Series D in 2023
Stampli Inc. is a company based in Mountain View, California, specializing in cloud-based invoice management software. Founded in 2014, Stampli develops an accounts payable automation platform that enhances control over invoice and bill processing. Its software utilizes artificial intelligence to learn an organization's unique operational patterns, simplifying general ledger coding, automating approval notifications, and identifying duplicate invoices. By fostering human collaboration and creating a digital dialogue for each invoice, Stampli aims to streamline the accounts payable process, significantly reducing manual data entry and invoice approval times. The company's solutions are designed to address common challenges in invoice management, ultimately improving efficiency throughout the invoice lifecycle.

SPARETECH

Series A in 2023
SPARETECH develops a collaboration platform for manufacturing companies. It digitizes spare part inventories, calculates true demand, compares parts from various suppliers, and sources appropriate parts within or outside production networks. The platform standardizes data sets for ERP systems, reducing inventory costs.

Choco

Venture Round in 2023
Choco operates a digital ordering platform that connects restaurants with suppliers to simplify ingredient procurement. The interface resembles consumer apps with a chat-style communication and a streamlined ordering list that makes sourcing ingredients efficient. The platform also supports distributors by automating order processes, enabling real-time order processing, ERP integrations, and an AI-driven marketing assistant to enhance customer engagement, sales, and inventory management, while reducing manual errors and food waste.

Choco

Venture Round in 2022
Choco operates a digital ordering platform that connects restaurants with suppliers to simplify ingredient procurement. The interface resembles consumer apps with a chat-style communication and a streamlined ordering list that makes sourcing ingredients efficient. The platform also supports distributors by automating order processes, enabling real-time order processing, ERP integrations, and an AI-driven marketing assistant to enhance customer engagement, sales, and inventory management, while reducing manual errors and food waste.

Fairmarkit

Series C in 2022
Fairmarkit is a Boston‑based company that offers a SaaS platform for tail spend management. The platform is ERP‑agnostic and automates procurement for small to medium purchases by using machine learning to analyze unstructured spend data. It provides automated request‑for‑quotation workflows, vendor recommendations, price benchmarking, trend analysis, and risk identification. By delivering these capabilities in a single, cloud‑based solution, Fairmarkit helps procurement and supply‑chain teams reduce manual effort, increase competitive bidding, and realize savings across their tail spend.

Afresh Technologies

Series B in 2022
Afresh Technologies designs AI-powered supply chain software for fresh groceries. The platform forecasts item-level demand for perishable goods and provides data-driven recommendations to optimize inventory and procurement, reduce waste, maximize freshness, and improve margin. It covers warehouse and store-level inventory, pricing, markdowns, and omnichannel visibility, enabling retailers to manage perishable categories across stores. Founded in 2017 and based in San Francisco, Afresh serves grocers and wholesalers aiming to optimize perishables with machine learning, ingesting millions of data points to inform replenishment decisions and allocation across the distribution network.

Imperfect Foods

Convertible Note in 2022
Imperfect Foods, Inc. is an online grocery delivery service based in San Francisco, California, founded in 2015. The company specializes in rescuing and redistributing food across various categories, including produce, shelf-stable goods, dairy, meat, and seafood, with a strong emphasis on reducing food waste and supporting farmers. By offering fruits, vegetables, and mixed grocery boxes, Imperfect Foods aims to provide consumers with healthy, seasonal food products at discounted prices compared to traditional grocery stores. The company operates in several areas, including Oakland, Berkeley, and Concord, delivering directly to homes and offices. Its mission-driven approach highlights its commitment to sustainability in the food system, positioning it for long-term success in the evolving grocery market.

Choco

Series B in 2022
Choco operates a digital ordering platform that connects restaurants with suppliers to simplify ingredient procurement. The interface resembles consumer apps with a chat-style communication and a streamlined ordering list that makes sourcing ingredients efficient. The platform also supports distributors by automating order processes, enabling real-time order processing, ERP integrations, and an AI-driven marketing assistant to enhance customer engagement, sales, and inventory management, while reducing manual errors and food waste.

Tropic

Series B in 2022
Tropic equips finance and procurement teams with tools to manage tech spending effectively. It combines unbiased market data with spend management features, helping users reduce costs, enhance efficiency, and maintain clear visibility over their expenditures.

Choco

Series B in 2021
Choco operates a digital ordering platform that connects restaurants with suppliers to simplify ingredient procurement. The interface resembles consumer apps with a chat-style communication and a streamlined ordering list that makes sourcing ingredients efficient. The platform also supports distributors by automating order processes, enabling real-time order processing, ERP integrations, and an AI-driven marketing assistant to enhance customer engagement, sales, and inventory management, while reducing manual errors and food waste.

PayCargo

Series B in 2021
PayCargo is a B2B online payments platform for the freight and cargo industries that automates invoicing, payments, and settlement. The platform offers electronic tools for payables, automated payments, receivables, and invoice management, enabling faster cargo releases by allowing vendors to be paid quickly and by providing credit card and financing options. It supports a large network of freight vendors, including ocean carriers and air cargo providers, and is headquartered in Coral Gables, Florida.

Stampli

Series C in 2021
Stampli Inc. is a company based in Mountain View, California, specializing in cloud-based invoice management software. Founded in 2014, Stampli develops an accounts payable automation platform that enhances control over invoice and bill processing. Its software utilizes artificial intelligence to learn an organization's unique operational patterns, simplifying general ledger coding, automating approval notifications, and identifying duplicate invoices. By fostering human collaboration and creating a digital dialogue for each invoice, Stampli aims to streamline the accounts payable process, significantly reducing manual data entry and invoice approval times. The company's solutions are designed to address common challenges in invoice management, ultimately improving efficiency throughout the invoice lifecycle.

Imperfect Foods

Series D in 2021
Imperfect Foods, Inc. is an online grocery delivery service based in San Francisco, California, founded in 2015. The company specializes in rescuing and redistributing food across various categories, including produce, shelf-stable goods, dairy, meat, and seafood, with a strong emphasis on reducing food waste and supporting farmers. By offering fruits, vegetables, and mixed grocery boxes, Imperfect Foods aims to provide consumers with healthy, seasonal food products at discounted prices compared to traditional grocery stores. The company operates in several areas, including Oakland, Berkeley, and Concord, delivering directly to homes and offices. Its mission-driven approach highlights its commitment to sustainability in the food system, positioning it for long-term success in the evolving grocery market.

Fairmarkit

Series B in 2020
Fairmarkit is a Boston‑based company that offers a SaaS platform for tail spend management. The platform is ERP‑agnostic and automates procurement for small to medium purchases by using machine learning to analyze unstructured spend data. It provides automated request‑for‑quotation workflows, vendor recommendations, price benchmarking, trend analysis, and risk identification. By delivering these capabilities in a single, cloud‑based solution, Fairmarkit helps procurement and supply‑chain teams reduce manual effort, increase competitive bidding, and realize savings across their tail spend.

PayCargo

Series A in 2020
PayCargo is a B2B online payments platform for the freight and cargo industries that automates invoicing, payments, and settlement. The platform offers electronic tools for payables, automated payments, receivables, and invoice management, enabling faster cargo releases by allowing vendors to be paid quickly and by providing credit card and financing options. It supports a large network of freight vendors, including ocean carriers and air cargo providers, and is headquartered in Coral Gables, Florida.

Imperfect Foods

Series C in 2020
Imperfect Foods, Inc. is an online grocery delivery service based in San Francisco, California, founded in 2015. The company specializes in rescuing and redistributing food across various categories, including produce, shelf-stable goods, dairy, meat, and seafood, with a strong emphasis on reducing food waste and supporting farmers. By offering fruits, vegetables, and mixed grocery boxes, Imperfect Foods aims to provide consumers with healthy, seasonal food products at discounted prices compared to traditional grocery stores. The company operates in several areas, including Oakland, Berkeley, and Concord, delivering directly to homes and offices. Its mission-driven approach highlights its commitment to sustainability in the food system, positioning it for long-term success in the evolving grocery market.

VNDLY

Series B in 2019
VNDLY, Inc. is a technology company that specializes in developing a cloud-based vendor management platform tailored for the non-employee workforce. Founded in 2017 and headquartered in Mason, Ohio, VNDLY's platform supports Fortune 500 companies, managed service providers, and vendors by managing the entire lifecycle of non-employee engagement, which includes talent acquisition, training, payment, and offboarding. The platform comprises four key modules: contingent workforce management, statement of work management, independent contractor compliance, and total talent acquisition. VNDLY aims to streamline the talent sourcing and acquisition process by integrating various sources such as staffing agencies and job boards, ultimately enhancing companies' returns on investment and enabling them to hire quality talent more efficiently.

Fairmarkit

Series A in 2019
Fairmarkit is a Boston‑based company that offers a SaaS platform for tail spend management. The platform is ERP‑agnostic and automates procurement for small to medium purchases by using machine learning to analyze unstructured spend data. It provides automated request‑for‑quotation workflows, vendor recommendations, price benchmarking, trend analysis, and risk identification. By delivering these capabilities in a single, cloud‑based solution, Fairmarkit helps procurement and supply‑chain teams reduce manual effort, increase competitive bidding, and realize savings across their tail spend.

ComplianceQuest

Series A in 2019
Founded in 2013, ComplianceQuest offers a unified Quality, Health, Safety, and Environment (QHSE) solution built on Salesforce technologies. This cloud-based platform serves various industries by providing integrated solutions for audit management, risk management, document management, complaint management, incident management, inspection management, supplier management, training management, and more.

Skupos

Series B in 2019
Skupos Inc. is a technology company that provides a comprehensive platform for retailers, distributors, and brands, aimed at enhancing operational efficiency in the convenience store sector. Founded in 2015 and headquartered in San Francisco, California, with an additional location in Denver, Skupos offers tools that enable real-time monitoring of inventory, sales, and store performance. The platform facilitates automated purchasing and operational analytics, allowing c-store operators to make informed, data-driven decisions. By connecting independent businesses with brands and distributors, Skupos aims to streamline processes and create marketing opportunities, ultimately fostering a more lucrative and competitive retail environment.

SMS Assist

Series C in 2015
SMS Assist is a facilities maintenance services provider that serves as a national integrator, linking client locations with local subcontractors to handle a broad range of services including electrical, plumbing, carpentry, mechanical repairs, cleaning, landscaping, snow removal, and parking lot maintenance. It uses a scalable cloud-based platform to connect client sites with subcontracted affiliates, enabling centralized management, transparency, and control. By consolidating maintenance across multiple locations, the company helps clients reduce facilities costs while maintaining or improving service quality and delivery speed. With more than 40,000 sites under contract, it delivers visibility and efficiency for multi-location organizations.

E2open

Acquisition in 2015
E2open is a cloud-based supply chain management platform that unifies networks, data, and applications to deliver an end-to-end solution for planning, executing, and optimizing the movement and sale of goods and services. The software supports channel shaping, business planning, logistics, global trade, manufacturing, and supply management, enabling customers to coordinate sourcing, production, and distribution across the supply chain. By integrating these functions on a single platform, it aims to improve visibility, collaboration, and operational efficiency for enterprises worldwide. The company serves customers across the Americas, Europe, and Asia Pacific, with the majority of revenue historically generated in the Americas.

Bionexo

Private Equity Round in 2012
Bionexo is a health tech company that provides digital solutions for managing healthcare processes. Through an ecosystem of cloud software and marketplace technology, it automates hospital purchasing and supply-chain activities, enabling e-commerce, B2B transactions, and business intelligence for health institutions. The integrated platform includes planning and inventory management to improve sourcing of critical care products while helping suppliers reach new customers. The company serves hospitals and suppliers across Latin America and Europe and is headquartered in Buenos Aires, Argentina, with offices in Brazil, Colombia, Spain, and Mexico.

B2B-Center

Private Equity Round in 2012
B2B-Center operates a prominent e-procurement marketplace in Russia, facilitating both the sale and purchase of products and services. This platform enhances sales channels for suppliers while improving sourcing and procurement efficiency for buyers. The marketplace handles daily contract values ranging from USD $70 million to $300 million, with an average transaction size of approximately USD $200,000. B2B-Center accounts for over 80% of the e-trade activity in the Russian business sector, serving a diverse clientele of more than 343,000 companies from nearly 100 countries. By providing a streamlined environment for buyers to evaluate supplier offers, B2B-Center plays a crucial role in connecting businesses and fostering growth in the procurement landscape.

Procuri

Venture Round in 2003
Procuri is an SAP company that specializes in on-demand supply management solutions and services. Founded in 1999 and headquartered in Atlanta, Georgia, Procuri offers a range of software and services including strategic sourcing, contract management, spend analysis, and supplier management, all delivered through a SaaS model. In addition to its core offerings, the company provides managed services, practice center support, and market intelligence services to enhance its clients' procurement processes.

I-many

Series B in 2000
I-many provides software and Internet-based solutions and related professional services that allow our clients to negotiate and manage complex contract purchasing arrangements which facilitate business-to-business e-commerce.
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