Insight Partners

At Telescope, every investment matters. We believe that building companies that change markets takes time, focus, and unwavering partnership. Our job is to offer relevant advice and bespoke support to each of the founders we partner with, helping them navigate the journey with insight, experience, and empathy. Being CEO doesn’t mean you have to do it alone. An investment from Telescope is a commitment of our time. Our objective is to understand who you are, what gets you excited about the opportunity, what’s happening in your market, and what makes you unique. You are the expert at your business, we are here to help you navigate the challenges inherent in building it. The difference between good and great is massive. We believe that excellent entrepreneurs are driven by the idea that good enough is never good enough. The transition from a good company to a great one often comes down to discrete moments that have a ripple effect on your business tomorrow. Perspective is everything. Every decision you make has an opportunity cost; learning what NOT to do is often as important as learning what works. With a broad view of your market and a focused view of your company, Telescope enables you to make the hard decisions with better data - leading to optimal growth and ultimate outcomes. Pace. The pace at every company is different, with ebbs and flows at every stage of building it. Answering the tough questions can save headaches down the line. What is too fast or too slow given my market and company today? Where is the friction today? Where will the friction evolve? Who am I competing with? Who will I compete with? People. Winning organizations have high-performance cultures that engage and inspire their employees. Finding and keeping the right team is imperative to future success. How do I find & hire “great” talent? What does great look like? Who will fail first? Process. With possibilities come distractions. Honing in on your business model, your go-to-market strategy, and even the right employees are crucial in optimizing the long-term outcome for your company. How do I stop firefighting? What metrics should I be focused on? How do I set goals? What should they be?

We invest in growth-stage B2B SaaS companies with scalable business models and strong market potential. Our approach combines capital with hands-on support, ensuring companies are not only funded, but equipped to accelerate growth. We help companies enter new markets, strengthen their presence, and unlock growth. By combining strategy with hands-on support, we deliver measurable results including capital strategy and guidance on Innovation Norway grants and loans

We invest capital into and acquire outstanding technology companies and help them scale with our expertise and access to our Guild. Our Strategy Invictus is a private equity firm that invests capital into and acquires outstanding technology and technology enabled businesses with the goal of assisting entrepreneurs to realize their strategic vision and scale their companies for the long term. Target SegmentsAutomation applied to cloud software with an emphasis on financial technology and cybersecurity SaaS business models Product Market FitStrong revenue growth with established customer base Profitable, or clear path to profitability at the time of investment Growth BusinessesBootstrapped and venture backed growth technology businesses Strong Management TeamsFounded by world-class entrepreneurs who share our values Use of ProceedsUse of capital to accelerate organic and strategic business growth Our Ethos The basis for technological innovation and human advancement is entrepreneurship, creativity and ingenuity. Invictus means unconquerable, and it is this characteristic of humanity – the mindset that any obstacle can be overcome, any vision can be achieved through perseverance and adaptability – that enables calculated risk taking and inspires disruptive ideas and businesses. Our Mission and Values Our mission is to empower excellence in partnership with world class founders and management teams. This mission is supported by our core values of integrity, teamwork, diversity, humility and relationships. Empower Excellence We empower excellence in our people and investments. We bring resources, experience, and grit to help our investments achieve and exceed their missions. We are here not because we seek to prove ourselves, but to continuously improve ourselves. Teamwork We are a highly functioning team and our success is based on the complementary skills we bring to each investment. We value an environment of collaboration and communication that enables the team and help each other level up. With respect, we are a meritocracy in which the best ideas win, regardless of title, and we invest heavily in the development and advancement of our people. Integrity We conduct ourselves with the highest integrity in everything we do. We stand by our word and are accountable, ethical, and committed. We lead by example. Our reputation is paramount and is reflected in our individual conduct and conduct as a firm. Relationships Our firm is built upon long term, trusted relationships. We build valued, unique partnerships with our investors, management teams, and colleagues, with aligned interests for mutual success. Diversity We are a majority minority owned firm.​ We understand that success is a result of the diverse perspectives and abilities of countless individuals and their unique perspectives. We foster a diverse workplace that seeks to attract the best talent and accepts people of all ethnicities and sexual orientations. We also recognize that boards and management teams benefit from diverse ideas, expertise and perspectives. Humility We have learned from experience that being humble allows for the strength and thoughtfulness required to achieve objectives. We own up to and are eager to learn from our successes and failures. We seek to add value to all situations.

We’ve spent our careers in the growth-stage software space and appreciate the importance of a company’s inflection point. With a dedication to the fundamentals, understanding of the software market and lessons learned in the operational trenches, we're focused on helping propel companies to the next level. People with perspective We’re powered by an energetic, collaborative community – a community made of the motivated people at PSG and the exceptional innovators who lead PSG portfolio companies. We find purpose together: by diving in, working as a team and capturing new opportunities. Built for growth We understand the unique opportunities and challenges of building a leading software company. With that foundation, we’ve built a tried and tested growth engine that helps software businesses unlock their full potential for growth, expansion and impact. A genuine partnership It’s in our DNA: building connections and trust with management teams. This collective effort forms the foundation that drives companies forward. Meet the businesses that we’re proud to call our partners and learn how their software is transforming industries.

We are a leading tech Venture Capital (VC) firm in Southeast Asia, in areas such as B2B, Data/AI, and Software. We invest across Southeast Asia, mainly at Series A & B. We look for entrepreneurs with the mindset and capabilities to build regional or global companies, with technology advantages, fast execution and agility in the unknown.

Five Elms Capital is the ideal partner for leading B2B software companies. Since firm inception in 2007, we have focused exclusively on software investing, building an unmatched network and deep domain expertise. Today, with over $2.4 billion in assets under management and a global team of over 70 investment professionals, we have invested in more than 65 software platforms globally. We invest $10-150+ million in companies with $2-20 million in revenues - minority or majority investments, growth capital, or liquidity for founders and early investors. Ideal partner for founders We specialize in partnering with founder-owned, bootstrapped businesses, working alongside management to accelerate growth and continue to build industry leading businesses. We take partnerships seriously and will work our tails off to help you succeed, but never take ourselves too seriously. Our relaxed, open, and honest working style is one of the reasons we've been successful earning founders' trust and a seat at the table in profitable businesses where additional capital is optional. Anti-Valley approach We love billion dollar outcomes just as much as everyone else, but don't believe in "unicorn or bust". We don't push companies to grow at all costs or raise mega rounds of capital - that mindset increases founder dilution and reduces the landscape of exit scenarios where everyone wins. We like managers to have both significant equity stakes and significant option value as to what outcomes can be a win. B2B Focus We exclusively invest in B2B software companies. This specialization has helped us build an unmatched network and deep domain expertise. Founders can supplement their industry knowledge with our experience in helping accelerate growth, overcoming positive and consistent challenges tied to scale, and de-risking the path to a successful exit for all stakeholders. Resources and value-add Our firm and Operations Support Team has been purpose-built to optimize key functions in a bootstrapped organization (e.g., sales, marketing, finance, recruiting). Our goal is to provide you the resources and expertise to supplement your already successful organization and to assist in more rapidly achieving organizational goals. Culture is crucial Our best performing companies are obsessed with company culture - it's crucial to their success. We have a very simple playbook… great products + great people = great outcomes We hustle Much like the companies we back, we aren't the incumbent behemoth in our industry - we try harder.