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Announced

Completed

Insight Partners led a $100m Series A funding round in Snappt.

Financials

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Transaction Value£80m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Acquisition

Productivity Software

Domestic

Single Bidder

Software

Minority

Private Equity

Private

United States

Completed

Friendly

Synopsis

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Insight Partners, a venture capital and private equity firm, led a $100m Series A funding round in Snappt, a developer of a data-driven fraud detection company. “Our vision is to dramatically lower the number of fraudulent tenant applications that go undetected, helping our customers save millions in eviction costs and minimize risk. Insight Partners’ alignment with this vision will enable us to scale and continue the momentum," Daniel Berlind, Snappt CEO and Co-Founder.

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