+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

The Insight Partners investor behind HelloFresh and Trivago is leaving the firm to start a new $600 million fund

Jul 18, 2019, 02:02 IST

Insight Partners

Advertisement
  • Insight Partners principal Harley Miller is leaving the firm to launch a new fund, sources familiar with the matter told Business Insider.
  • Miller is an early-stage investor with investments in HelloFresh, the Calm app, and the since-acquired Trivago. In January, he led an investment in the Farmer's Dog, a subscription service that makes personalized meals for dogs.
  • The new fund is looking to raise around $600 million, and Insight is involved as a limited partner, the people said.
  • Click here for more BI Prime stories.

Insight Partners principal Harley Miller is leaving the New York-based firm to launch a new fund, according to three people familiar with the matter.

Insight is a limited partner in the new fund, which is trying to raise around $600 million, the people said.

Miller, who joined Insight in 2010, is an early-stage investor in the German meal kit company HelloFresh, the fintech company N26, meditation app Calm, online learning platform Udemy, and French carpooling marketplace Blablacar.

In January, he led a $39 million Series B in the Farmer's Dog, a subscription service that makes personalized meals for dogs.

Advertisement

It's unclear what the focus of the new fund will be, though sources said Miller will likely keep doing early-stage investing.

Miller and Insight Partners did not respond to requests for comment.

Last June, Insight raised a $6.3 billion Fund X, with the majority of that capital coming directly from Insight's general partners.

The team put its capital to work last week with a massive $200 million Series A funding round for the privacy startup OneTrust. That round, led by Insight, valued the three-year-old company at $1.3 billion

Next Article