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Announced

Completed

Insight Partners led a $28m Series A funding round in Swimm.

Financials

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Transaction Value£22m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Software

Minority

Acquisition

Cross Border

Venture Capital

Private Equity

Israel

development lifecycle

Private

Completed

Synopsis

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Insight Partners, a venture capital and private equity firm, led a $28m Series A funding round in Swimm, a company making continuous documentation an integral part of the development lifecycle, with participation from Dawn Capital, Pitango and TAU Ventures. "Swimm's rapid growth and widespread adoption by small startups and high growth ScaleUps alike is a testament to the extraordinary value customers are getting from their highly differentiated products. Swimm has created a new category — continuous documentation — that addresses a productivity and collaboration pain point that has existed for software developers for decades, and then goes beyond. Swimm is a rocket ship, and we're excited to be on board," Lonne Jaffe, Insight Partner Managing Director.

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