Predict your next investment

Angel Investor (Individual)

See what CB Insights has to offer

Investments

9

Portfolio Exits

3

About Nick Mehta

Nick Mehta Headquarter Location

United States

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Nick Mehta News

Gainsight Continues Acceleration with Record ARR Growth in FY'22

Mar 17, 2022

San Francisco, California, UNITED STATES SAN FRANCISCO, March 17, 2022 (GLOBE NEWSWIRE) -- Gainsight announced the completion of its 2022 fiscal year, during which the company exceeded its growth expectations, expanded its customer base, completed a strategic acquisition, grew its employee count, and enhanced its products, among other notable achievements. “Our customer and product communities are growing like never before,” said Nick Mehta, CEO of Gainsight. “I’m more fired up than ever by the direction of our industry, and how the ideas of customer-led, product-led, and community-led growth are transforming the ways companies grow.” Gainsight’s fiscal year 2022 highlights included: Large Enterprise Customer Growth Across Industries Gainsight continued to grow its share of the Customer Success and Product Experience markets with multiple large enterprise wins, including its largest Product Experience deal ever. Gainsight’s customer base now includes nearly 200 public companies. New and notable customers include Refinitiv, HGH, Trend Micro, and Powerschool. Gainsight CS and PX Products Deliver More Opportunities For Companies To Drive Durable, Consistent, Customer-Led and Product-Led Growth Gainsight CS - Gainsight made CS easier to use by redesigning several areas of the product using its Horizon Design system , and enhanced its survey settings to give teams more control over how NPS and CSAT are calculated within Gainsight. The company also extended the availability of its AI-powered bot, Sally, into Microsoft Teams, and added the ability to include renewal analytics within its Horizon Analytics Dashboards. It also made enhancements to its Playbooks and Success Plans features to help Customer Success Managers improve their productivity by allowing them to more easily manage their daily tasks within Gainsight CS. Gainsight PX - Transformative enhancements were made to the Gainsight PX Knowledge Center Bot with the addition of Article Editor, which allows users to increase feature adoption and awareness by creating great-looking product release “note cards,” including embedding multimedia files. The company also released enhancements to its multi-question survey with ability to display multiple questions in a single step for optimized completion rates. Significant upgrades were made to the Gainsight PX Mobile SDK to natively support hybrid mobile applications. The company also built on its strength of supporting businesses with multiple products by launching Gainsight PX Multi-Subscription Admin which enables the management of global throttling and template sharing, making it easier to seamlessly orchestrate user experience across products. And Gainsight introduced a product mapper enhancement which adds heat mapping of instrumented features on each application page, making it easy to identify areas of the product that have been mapped or not. Gainsight Announces Pulse Impact to Expand Customer Success Employment Opportunities Gainsight doubled-down on its support of the communities where its employees, customers, and stakeholders work and live through the launch of Pulse Impact . Inspired by an industry-wide movement for greater Customer Success growth and market performance, Pulse Impact advances an equitable, human-first CS industry culture by addressing professional barriers to success and promoting an inclusive community that reflects the diverse world around us. Led by Gainsight’s Senior Vice President & Chief of Staff, Robin Merritt, key components of the program include job training and mentorship, DEI initiatives, strategic communications, shared platforms and curriculum. Gainsight Makes Strategic Acquisition of Industry-Leading Community Platform In January 2022, Gainsight acquired InSided , based in Amsterdam, adding to its portfolio a Customer Success Community platform uniquely designed to leverage the power of communities to drive product engagement and adoption, increase retention, and build lasting customer relationships. In conjunction with the acquisition, Gainsight named Robin van Lieshout, CEO and Founder of InSided, to the position of General Manager. Gainsight Grew Its Team and Earned Multiple Awards Also in January 2022, Gainsight announced the appointment of Brian Shelton to CFO . The company now has over 1,000 employees, an increase of 40% year-over-year. Additionally, Gainsight was awarded the Excellence in Engineering Award and Nick Mehta received the Top Individual Contributor Award (Flagship Fund) from the company’s investor, Vista Equity Partners. Finally, Gainsight garnered the highly competitive Great Place To Work award from Great Place to Work for the second year in a row, and Mickey Alon, CTO of Gainsight PX, was named one of the Top 25 CTOs in 2022 . About Gainsight Gainsight’s innovative technology helps companies increase product adoption and drive greater net revenue retention by identifying at-risk customers, creating systematic processes to mitigate concerns and efficiently ramping up engagement efforts. Gainsight’s platform offers a powerful set of solutions focused on customer success, product experience, and community engagement that together enable businesses to put the customer at the center of everything they do. Learn how leading companies such as GE Digital, SAP Concur, and Box use Gainsight at www.gainsight.com . Media Contact:

Nick Mehta Investments

9 Investments

Nick Mehta has made 9 investments. Their latest investment was in Palette as part of their Seed VC on May 5, 2022.

CBI Logo

Nick Mehta Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/18/2022

Seed VC

Palette

$6M

Yes

1

11/9/2021

Series B

Subscribe to see more

$99M

Subscribe to see more

10

10/18/2021

Series A

Subscribe to see more

$99M

Subscribe to see more

10

9/14/2021

Seed VC - II

Subscribe to see more

$99M

Subscribe to see more

10

7/13/2021

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

Date

5/18/2022

11/9/2021

10/18/2021

9/14/2021

7/13/2021

Round

Seed VC

Series B

Series A

Seed VC - II

Seed VC

Company

Palette

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$6M

$99M

$99M

$99M

$99M

New?

Yes

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

10

10

10

10

Nick Mehta Portfolio Exits

3 Portfolio Exits

Nick Mehta has 3 portfolio exits. Their latest portfolio exit was Vera on December 24, 2020.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

12/24/2020

Acquired

4

12/12/2018

Acquired

Subscribe to see more

Subscribe to see more

10

1/14/2013

Acquired

Subscribe to see more

Subscribe to see more

10

Date

12/24/2020

12/12/2018

1/14/2013

Exit

Acquired

Acquired

Acquired

Companies

Subscribe to see more

Subscribe to see more

Valuation

Acquirer

Subscribe to see more

Subscribe to see more

Sources

4

10

10

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.