Richard Wells Overview

  • Primary Position
  • Managing Directo...

  • Primary Industry
  • Information Technology

  • Active Board Seats
  • 7

  • Med. Deal Size

  • Med. Valuation

Richard Wells General Information

Biography

Mr. Richard Wells serves as a Managing Director at Insight Venture Partners. He also serves as a Board Member at Zumba, OneTrust, SonarSource, Exclaimer, TriTech Software Systems, and Tenable Network Security. He served as a Board Member at Checkmarx and Jama Software. Mr. Wells has over 20 years of experience in investing and advising managers of high-growth technology companies. He joined the company in 2005 and focuses on investments in application software, infrastructure management, DevOps, and cybersecurity. He has sponsored over 26 investments at the company and has realized 15 acquisitions and 2 IPOs. He has sponsored investments across the United States, Europe, and Israel. He currently serves on the boards of directors of AMCS, CentralReach, Commercetools, OneTrust, SonarSource, Storabl, and Tenable (NASDAQ: TENB). He is also active with the boards of Perimeter81 and Sysdig. He previously led investments in AirWatch (acquired by VMware), Beyondtrust (acquired by Veritas Capital), BMC (acquired by KKR), Buddy Media (acquired by Salesforce), Cherwell (recapitalized by KKR), HealthcareSource (acquired by Francisco Partners), Kinnser Software (acquired by Mediware), Metalogix (acquired by Permira), Netsmart Technologies (acquired by Genstar Capital), PrecisionLender (acquired by Q2), Primavera (acquired by Oracle), Shopify (NYSE: SHOP), SmartBear Software (acquired by Francisco Partners) and TriTech (acquired by Bain Capital). He also served on the board of Anaqua (acquired by Astorg). Prior to Insight, he worked in product management for enterprise data protection products at Veritas Software (now part of Symantec) and in field sales for Paciolan Systems (now part of Ticketmaster). He previously was with Technology Crossover Ventures (TCV), where he was an investment professional with a focus on software, online media, and e-commerce. He began his career as a management consultant with Mercer Management Consulting, where he advised global technology companies on their marketing and business strategies. He received a BS from the Wharton School of the University of Pennsylvania (Phi Beta Kappa, summa cum laude) and an MBA from Harvard Business School. Mr. Wells is a member of the Advisory Council of the Semper Fi Fund, a non-profit organization focused on assisting combat-wounded, critically ill, and catastrophically injured veterans and their families. He served as a Board Member at PrecisionLender.

Contact Information

Primary Position
Managing Director, Insight Partners
Education
Harvard Business School, MBA (Master of Business Administration)
University of Pennsylvania (Wharton), BS (Bachelor of Science)
Gender
Male
Email
rw
Phone
+1 (212)
Address
  • 1114 Avenue of the Americas
  • 36th Floor
  • New York, NY 10036
  • United States
+1 (212)

Richard Wells Positions (1)

Firm name Firm type Title Location Industry Since
Insight Partners Investor Managing Director New York, NY Growth/Expansion

Richard Wells Board Seats (7)

Company Industry Ownership Status Financing Status Location Since
BeyondTrust Software (Acquired 2009) CA
CentralReach Enterprise Systems (Healthcare) Privately Held (backing) Private Equity-Backed Fort Lauderdale, FL
Commercetools Business/Productivity Software Privately Held (backing) Venture Capital-Backed Munich, Germany
Exclaimer Business/Productivity Software Privately Held (backing) Private Equity-Backed Farnborough, United Kingdom
OneTrust Business/Productivity Software Privately Held (backing) Venture Capital-Backed Atlanta, GA

Richard Wells Lead Partner on Deals (56)

Richard Wells has been the lead partner on 56 deals. Their latest deal was with Behavior Science Technology, a business/productivity software company. The deal was made on 31-Aug-2024.

Company Deal Date Deal Type Deal Size Deal Status Industry Location
Behavior Science Technology 31-Aug-2024 Buyout/LBO Completed Business/Productivity Software New London, NH
Staria 11-Jul-2024 Completed Accounting, Audit and Tax Services (B2B) Helsinki, Finland
Solution 7 08-May-2024 Completed Financial Software Oxford, United Kingdom
SILAS 08-Feb-2024 Completed Educational Software Monmouth Beach, NJ
Satori Reporting 09-Aug-2022 Completed Business/Productivity Software Los Angeles, CA
LiftEd (Oakland) 09-Jun-2022 Completed Educational Software Oakland, CA
SonarSource 12-Apr-2022 Completed Software Development Applications Vernier, Switzerland
Fast Four 01-Feb-2022 Completed Business/Productivity Software Schiphol, Netherlands
Periodic 20-Jan-2022 Buyout/LBO Completed Business/Productivity Software Bloomington, IN
AFLSonline 10-Jan-2022 Buyout/LBO Completed Educational Software Marietta, GA

Richard Wells Network (765)

Board Members (140)

Name Company Representing Location From
Margaret Keane Tenable Self Columbia, MD
Lonne Jaffe CentralReach Insight Partners Fort Lauderdale, FL
Storable Self Austin, TX
Storable Self Austin, TX
Shopify Self Ottawa, Canada

Portfolio Executives (573)

Name Company Role Deal date Location
Troy Glick Behavior Science Technology Co-Founder, Chief Operating Officer, Chief Product Officer & Board Member 31-Aug-2024 New London, NH
Duane Jung Behavior Science Technology Chief Technology Officer 31-Aug-2024 New London, NH
Behavior Science Technology Co-Founder, Chief Executive Officer & Board Member 31-Aug-2024 New London, NH
Behavior Science Technology Co-Founder, Chief Science Officer & Clinical Advisor 31-Aug-2024 New London, NH
Staria Co-Owner and Chief Financial Officer 11-Jul-2024 Helsinki, Finland

Fund Team Members (52)

Name Investor Fund Fund Location
Lonne Jaffe Insight Partners Insight Venture Partners IX New York, NY
Lonne Jaffe Insight Partners Insight Venture Partners XI New York, NY
Insight Partners New York, NY
Insight Partners New York, NY
Insight Partners New York, NY

Richard Wells Affiliated Funds (8)

Fund Investor Fund Type Status Vintage Size Dry Powder IRR IRR Quartile
Insight Capital Partners IV Insight Partners Growth/Expansion Liquidated 2000
Insight Venture Partners Growth-Buyout Coinvestment Fund Insight Partners Venture - General Closed 2015
Insight Venture Partners IX Insight Partners Growth/Expansion Fully Invested 2014
Insight Venture Partners X Insight Partners Growth/Expansion Fully Invested 2017
Insight Venture Partners VIII Insight Partners Growth/Expansion Fully Invested 2013

Richard Wells FAQs

  • Who is Richard Wells?

    Mr. Richard Wells serves as a Managing Director at Insight Venture Partners.

  • How much does Richard Wells typically invest?

    Richard Wells's median deal size is .

  • What is Richard Wells’s main position?

    Richard Wells’s primary position is Managing Director.

  • What are the contact details for Richard Wells?

    Richard Wells’s email address is rw and his phone number is +1 (212) .

  • How many active board seats does Richard Wells hold?

    Richard Wells holds 7 board seats including BeyondTrust Software (Acquired 2009), CentralReach, Commercetools, Exclaimer, and OneTrust.

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