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New Deal


Announced

Completed

Insight Partners led a $31m Series B round in Jellyfish.

Financials

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Transaction Value£23m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

software development

Minority

United States

Private

Software

Private Equity

Venture Capital

Domestic

Acquisition

Single Bidder

Friendly

Synopsis

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Insight Partners led a $31m Series B round in Jellyfish, the pioneer Engineering Management Platform that helps engineering leaders align engineering work with strategic business objectives, with participation from Accel and Wing Venture Capital. "Jellyfish's impressive growth signals that there is a crucial market need for an informed, data-driven approach to engineering leadership. Companies spend millions of dollars on engineering resources with little understanding of where it's being spent or how resources are being allocated. Jellyfish is the clear leader in solving this, and we're excited to partner with them as they seize this massive market opportunity," Matt Gatto, Insight Partners Managing Director.

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