Haurun Media partners with French tech company owned by New York Private Equity Firm

Haurun Media Ltd (previously The Haurun Club Ltd) is a new tech startup company – incorporated by Mr John Smith on 23 June 2022 and at 27 Old Gloucester Street, London WC1N 3AX. Harun Media is a community of Vetted Media Professionals, including journalists and bloggers, who interact and receive advanced notice of key information, stories and media content from The Haurun Club’s Reciprocal Clubs and Associated Companies with approval from its Members and Affiliate Members.

The contract between the parties was brokered by Darren Thomas Bolger who had created the Haurun Club proposition after previously creating The Home Club – The 1st Online Private Members Club based in the City of London (2016).

The initial concept for The Home Club created a contract for £103m for 10% of Darren’s shares in the Company. Shortly after the ink was dry on the referred contract, The Home Club concept was immediately adopted by City AM for their City AM CLUB (2018).

With no tie-in and free to further develop The Home Club concept; as invented and designed by Darren Bolger, he went on to advance the initial development of Online Private Members Clubs x100 to design an all-encumbering platform of trusted, vetted individuals and luxury brands. Plus events & parties. The Haurun Club was then born and is privately owned by John Smith T/A Haurun.

Haurun (The Haurun Club) and nine additional Reciprocal Clubs and associated Community of Clubs will also be located on a single, separate, online community platform, not currently associated nor contracted with neither Insight Partners nor KIT United SAS.

The purpose of the contract with KIT United SAS is to trial the current and advanced versions of their online communities with a view to perfecting Haurun Media and The Haurun Club online platform, which includes vetted individuals open to communicate in a private environment, receive opportunities from luxury brands and invitations to exclusive events and parties. Members and Affiliate Members (Brands) remain privately inclusive and may also chose to release press via Haurun Media at will.

Darren’s Journey can be read throughout his nonfiction trilogy named – Operation Westminster. The Second Book in the series, named: Ultimately Connected centres upon the development of The Home Club and final book: The Two Bulls touches upon how The Haurun Club partnership was created and this advanced online Private Members Club, was created.

Insight Partners (previously Insight Venture Partners) is an American venture capital and private equity firm based in New York City. The firm invests in growth-stage technology, software and Internet businesses. (Wikipedia)

Insight Partners was founded in 1995 by Jeff Horing and Jerry Murdock. Insight Partners raised more than $90 billion in capital commitments, including $20 billion in its Fund XII in 2021. In March 2019, Insight Venture Partners changed its name to Insight Partners. In October 2019, the firm established an office in Tel Aviv. In 2020, Insight Partners joined Diligent Corporation’s initiative and pledged to create five new board roles among its portfolio companies for racially diverse candidates.

In 2020, Insight Partners backed software startup JFrog’s initial public offering (IPO), followed by 1stdibs’ IPO in 2021. In April 2021, Insight Partners raised $1.56 billion for the Insight Partners Opportunities Fund I LP, a new fund outside of its flagship growth-investment vehicles. As of June 2021, Insight Partners is the biggest investor in Monday.com and WalkMe, owning a 43% stake in Monday.com and 32% of WalkMe, with a combined ownership worth $3.9 billion. Also in 2021, Insight Partners put up $500 million to take a minority stake in Saks.com. Insight Partners also put $15 million of its own capital into an additional new fund, called The Vision Capital 2020 LP Fund. The Vision 2020 LP Capital Fund backs minority led firms raising early-stage funds. In February 2022, Insight Partners announced it had raised $20 billion for its twelfth flagship fund, more than doubling the size of its previous flagship fund.In May 2022, as part of a $200 million funding round led by KKR, Insight Partners increased its previous investment in the cybersecurity company and speculated unicorn Semperis. (Wikipedia)

Insight Partners was on the Forbes Midas List, Forbes 30 Under 30: Venture Capital and in June 2022 were ranked tenth in Private Equity International’s PEI 300 ranking of the largest private equity firms in the world. In 2017, Business Insider ranked Insight Partners #7 on the outlet’s list of most prominent venture capital investors in Europe. (Wikipedia)

Insight Partners have invested in excess of $20m into KIT United SAS with an estimated value of $88-$132m (dealroom.co estimates 2021)

Nathan Rowe Director of Sales and EMEA at KIT United SAS and its founder Jean Hamon incorporated a subsidiary company of KIT United SAS – named, Hivebright UK Ltd (14150174) on 6 June 2022 at: 7 Savoy Court, London, United Kingdom, WC2R 0EX.

The address of KIT United SAS and correspondence address of Hivebright UK Ltd are the same at: 5 Rue Des Italiens, Paris, France, 75009.

Hivebright UK Ltd is confirmed as ‘Set up to manage payroll for our UK Office’. (Nathan Rowe – 27 April 2023)

A Statement of Capital detailing that the subsidiary is wholly owned by the parent company KIT UNITED SAS.