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Announced

Completed

Insight Partners led a $25m Series A funding round in Frontegg.

Financials

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Transaction Value£20m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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IT Services: Other

Completed

Acquisition

Israel

Private

Private Equity

Friendly

Minority

Cross Border

user management platform

Venture Capital

Synopsis

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Insight Partners, a venture capital and private equity firm, led a $25m Series A funding round in Frontegg, a modern user management platform for the Product-led era, with participation from Pitango and Global Founders Capital. "In the product-led era, the ever-evolving demands of users and their expectations for a whole set of self-served capabilities within apps are resulting in a continuous drain on engineering resources. The Frontegg team has built a unique solution that handles the heavy lifting of User Management, allowing teams to remain laser-focused on their core product and mission. Using Frontegg, teams can get their products to market faster with a mature, enterprise-ready offering, and then continue to ship invaluable features for their end-users quarter after quarter," Praveen Akkiraju, Insight Partners Managing Director.

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