Insight Partners

Insight Partners is a global software investor that partners with growth-stage technology and software companies. The firm focuses on growth-stage software, internet, and data services, with emphasis on fintech, cybersecurity, artificial intelligence and machine learning, DevOps, and healthcare. Based in New York City with offices in London, Tel Aviv, and Palo Alto, Insight Partners has backed more than 750 companies worldwide and has more than 55 portfolio companies that have achieved an IPO. As of 2022, the firm reports over $75 billion in assets under management. It seeks to fund and work closely with visionary executives, providing practical, hands-on software expertise to support growth from initial investment through to IPO.

Abdi Adan

Analyst

Anika Agarwal

Managing Director

Liad Agmon

Managing Director

Aditya Agrawal

Associate

Praveen Akkiraju

Managing Director

Past deals in CAD

CoLab Software

Series B in 2024
CoLab Software Inc. is a Canadian company based in St. John's, established in 2017. It specializes in developing Gradient, a cloud-based platform designed for issue tracking and management specifically for mechanical design teams. The platform facilitates real-time collaboration by enabling users to view 3D files, gather feedback from stakeholders, track issues, and manage projects within a shared cloud environment. By streamlining communication and enhancing productivity, CoLab's solution helps manufacturing and design teams reduce development cycles and minimize manufacturing defects, ultimately improving project efficiency.

SimScale

Series C in 2021
SimScale GmbH is a Munich-based company that operates a cloud-based engineering simulation platform designed for engineers, designers, scientists, and students. Founded in 2012, SimScale allows users to test, validate, and optimize product designs by offering a comprehensive suite of simulation tools in fluid mechanics, structural mechanics, and thermodynamics, all accessible through a standard web browser. The platform enables users to create models, perform simulations, and analyze results efficiently. Additionally, SimScale supports users in the process of computer-aided design (CAD) by facilitating mesh creation and analysis setup. The company serves a diverse range of industries, including HVAC, automotive, aerospace, and healthcare, as well as providing online support, training, and consulting services to enhance user experience.

CoLab Software

Series A in 2021
CoLab Software Inc. is a Canadian company based in St. John's, established in 2017. It specializes in developing Gradient, a cloud-based platform designed for issue tracking and management specifically for mechanical design teams. The platform facilitates real-time collaboration by enabling users to view 3D files, gather feedback from stakeholders, track issues, and manage projects within a shared cloud environment. By streamlining communication and enhancing productivity, CoLab's solution helps manufacturing and design teams reduce development cycles and minimize manufacturing defects, ultimately improving project efficiency.

SimScale

Series C in 2020
SimScale GmbH is a Munich-based company that operates a cloud-based engineering simulation platform designed for engineers, designers, scientists, and students. Founded in 2012, SimScale allows users to test, validate, and optimize product designs by offering a comprehensive suite of simulation tools in fluid mechanics, structural mechanics, and thermodynamics, all accessible through a standard web browser. The platform enables users to create models, perform simulations, and analyze results efficiently. Additionally, SimScale supports users in the process of computer-aided design (CAD) by facilitating mesh creation and analysis setup. The company serves a diverse range of industries, including HVAC, automotive, aerospace, and healthcare, as well as providing online support, training, and consulting services to enhance user experience.

COADE

Venture Round in 2007
COADE, Inc. is a company that specializes in mechanical engineering software, focusing on various plant design and engineering disciplines. Founded in 1984 and based in Houston, Texas, COADE offers a range of products, including CAESAR II for pipe stress analysis, PV Elite for structural design of vessels and heat exchangers, CodeCalc for pressure vessel and heat exchanger components, CADWorx Plant Design Suite for intelligent plant modeling and deliverables, and TANK for oil storage tank design and analysis. The company's software serves the power and process industries, addressing areas such as pipe stress, pressure vessel design, tank design, and piping design and drafting. COADE provides its products both online and through dealers.
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