- Kabal is headquartered in Rogaland, Norway
- Insight Partners is a global software investor based in New York
- The firm has over $75bn in regulatory assets under management
Insight Partners has made a growth investment in Kabal, a logistics software-as-a-service platform for the global energy industry.
No financial details of the transaction were disclosed.
Kabal is headquartered in Rogaland, Norway.
Insight’s investment will boost Kabal’s scaling capabilities by accelerating organic growth strategies and M&A expansions, according to a release.
“Kabal’s leading product suite has helped transform energy logistics and maximizes operational efficiency,” said Rachel Geller, MD and Michael Shephard, principal at Insight Partners, in a joint statement.
Insight Partners is a global software investor partnering with technology, software, and internet startup and scaleup companies. The firm is based in New York.
The firm has over $75 billion (€69.85 billion) in regulatory assets under management as of 31 December 2022.