Insight Partners invests in SpryPoint

JANUARY 20, 2026

Insight Partners invests in SpryPoint

TARGET

SpryPoint provides cloud-native customer information, billing, and field-operations software to electric, water, gas, and telecom utilities across North America.

Ownership	VC-backed
Prior owner	Norwest Venture Partners
Investors	Norwest Venture Partners, Insight Partners, CIBC Innovation Banking, LaunchPad PEI
Headcount	201-500 FTEs
Headquarters	Charlottetown, Canada
Leadership	Kyle Strang, Chief Executive Officer
Board seats	Anika Agarwal, Managing Director (Insight Partners) Amir Ravandoust (Insight Partners) Sam Rhee (Insight Partners)
Sell-side advisor	William Blair

INVESTOR

Insight Partners

Global software-focused private equity and venture capital firm.

Ownership	—
Headquarters	New York, New York
Buy-side advisor	—

Share deal Copy details View press release ↗

Insight Partners -> SpryPoint  (2026-09-11)
growth_investment | Energy/Utilities | announced
Target: SpryPoint provides cloud-native customer information, billing, and field-operations software to electric, water, gas, and telecom utilities across North America.
Website: sprypoint.com | Buyer site: insightpartners.com
HQ: Charlottetown, Canada | Ownership: vc-backed | Seller: Norwest Venture Partners
Advisors - Sell-side: William Blair
Source: Thematic - https://thematichq.com/software/d/insight-partners-sprypoint.html

Spotted an error or advised on this transaction? Claim credit or send a correction

MORE IN ENERGY/UTILITIES

Magnesium Capital invests in TMA Data Management

Smart metering data collection, aggregation, and CRM/billing software for GB electricity and gas suppliers, Elexon-accredited, managing over 5 million meter points

GI Partners acquires Otodata Holdings Inc. (Renovo Capital)

Remote tank monitoring hardware, software, and mobile apps enabling fuel and LPG distributors to track tank levels, optimize delivery routes, and prevent run-outs across 3.5 million+ tanks globally

Volaris Group (Constellation Software) acquires Biodiv-Wind SAS

AI-powered bird and bat detection and turbine-regulation software sold to onshore wind-farm operators to meet environmental permit obligations, combining cameras, radars and sensors connected to turbine SCADA systems

CLEAResult (Kohlberg & Company) acquires Connected Energy

Demand management and DERMS SaaS platform for electric utilities, orchestrating EVs, solar, storage, agricultural pumps, and smart thermostats across the distribution grid

Mitsubishi Electric acquires PCI Energy Solutions

$1.4B Purchase Price — Power trading, generation scheduling, and grid optimization SaaS for U.S. electric utilities, public power entities, and independent power producers

Metlen Energy & Metals acquires Joule

Virtual power plant and renewable energy portfolio management software (jHub) for remote monitoring, production forecasting, and curtailment control, sold to renewable energy producers and aggregators

Browse the full register →

PAST ISSUES CONTACT

Thematic is a news publication, not an investment adviser. Nothing here is investment advice or a recommendation to buy or sell any security. Researched and compiled by Thematic; accuracy and completeness are not guaranteed.