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Announced

Completed

Insight Partners and Oak HC/FT led a Series C round in Groundspeed Analytics.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Venture Capital

Acquisition

Domestic

Private

Friendly

software-as-a-service

Software

Completed

software development

Private Equity

Single Bidder

United States

Synopsis

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Insight Partners and Oak HC/FT led a Series C round in Groundspeed Analytics, a provider of SaaS-delivered smart submission and analytics solutions. Financial terms were not disclosed. "We have been long-time admirers of Groundspeed and are impressed by the significant value that the company's solutions deliver for brokers and carriers. We are very excited to partner with the Groundspeed team as they embark on their next phase of growth and to welcome them to the Insight portfolio," David Spiro, Insight Partners Principal.

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