Two Sigma and Venn today announced an agreement with Insight Partners to acquire Venn, an investment analytics solution that delivers advanced, multi-asset capabilities in portfolio analytics, modeling, and scenario analysis through modern technology and an intuitive user experience. This transaction represents a significant milestone in Venn's growth, positioning the platform to expand its impact on the investment community.
"Two Sigma built Venn with the goal of helping sophisticated investors adopt a rigorous, scientific approach to portfolio analytics and decision-making," said Marco Della Torre, CEO of Venn. "Venn has grown into a strong, differentiated platform with a talented team and loyal clients. We believe Insight Partners is the right owner to support Venn’s next chapter, with a dedicated focus on scaling software businesses and expanding the value and capabilities Venn delivers to clients."
Following the close of the transaction, Insight plans to combine the operations of Venn with its existing portfolio company, Solovis, while each product retains its respective brand. By combining Venn’s and Solovis’s complementary strengths, the company will aim to deliver more comprehensive portfolio intelligence across public and private markets. Additional details regarding the go-forward company will be shared following the close of this transaction, which is subject to customary conditions.
Two Sigma remains committed to the principles of data science and technology that created Venn and looks forward to seeing the platform thrive under its new ownership.
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