Richard Wells Overview
- Firm
- Insight Partners
- Primary Position
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Managing Directo...
- Primary Industry
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Information Technology
- Active Board Seats
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7
- Med. Deal Size
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- Med. Valuation
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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
Address
- 1114 Avenue of the Americas
- 36th Floor
- New York, NY 10036
- United States
Richard Wells Positions (1)
Firm name | Firm type | Title | Location | Industry | Since |
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Insight Partners | Investor | Managing Director | New York, NY | Growth/Expansion |
Richard Wells Board Seats (7)
Company | Industry | Ownership Status | Financing Status | Location | Since |
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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 |
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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 |
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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
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Who is Richard Wells?
Mr. Richard Wells serves as a Managing Director at Insight Venture Partners.
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How much does Richard Wells typically invest?
Richard Wells's median deal size is
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What is Richard Wells’s main position?
Richard Wells’s primary position is Managing Director.
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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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