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Completed

Insight Partners led a $40m Series B round in Doxel.

Financials

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Transaction Value£28m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Single Bidder

Minority

Software

United States

software development

Acquisition

Domestic

Private

Private Equity

Venture Capital

Completed

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Synopsis

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Insight Partners led a $40m Series B round in Doxel, a software development firm, with participation from Andreessen Horowitz and Amplo. A16z has participated in each of Doxel’s rounds — from seed to Series B. In addition to its institutional investors, Robinhood CEO Vladimir Tenev also put money in Doxel’s Series A round as an angel.

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