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Announced

Completed

Insight Partners led a $25m Series A round in Rasgo Intelligence.

Financials

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Transaction Value£17m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Domestic

Completed

Acquisition

Single Bidder

Friendly

Private Equity

software development

Software

Venture Capital

United States

Minority

Synopsis

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Insight Partners, an American venture capital and private equity firm, led a $25m Series A round in Rasgo Intelligence, a software development company, with participation from Unusual Ventures. "Rasgo stands out as a best-in-class experience for feature engineering, helping data scientists and ML practitioners accelerate a traditionally manual process and transform raw data into actionable insights. The traction they have seen since founding exemplifies the need for a product that can help data teams increase efficiency for the whole organization. MLOps is a burgeoning sector that we are very excited about and are now thrilled to add Rasgo to our growing portfolio," George Mathew, Insight Partners Managing Director.

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