Sec Form 13D Filing - Insight Venture Partners X L.P. filing for nCino Inc. (NCNO) - 2024-04-11

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D
 
Under the Securities Exchange Act of 1934
 
(Amendment No. 3)*
 

nCino, Inc.

(Name of Issuer)
Common Stock, $0.0005 Par Value Per Share

(Title of Class of Securities)
63947X101

(CUSIP Number)
Andrew Prodromos
Managing Director and Chief Compliance Officer
Insight Partners
1114 Avenue of the Americas, 36th Floor
New York, NY 10036
(212) 230-9200

With a copy to:
Matthew J. Haddad
Willkie Farr & Gallagher LLP
787 Seventh Avenue
New York, NY 10019
(212) 728-8000

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
April 9, 2024

(Date of Event which Requires
Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box:  ☐
NOTE:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See Rule 240.13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
1

SCHEDULE 13D
CUSIP No. 63947X101
   
     
1
NAMES OF REPORTING PERSONS
 
Insight Venture Partners X, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  ☐
(b)  ☐

3
SEC USE ONLY



4
SOURCE OF FUNDS (See Instructions)
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 ☐

6
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
2,930,955 (1)
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
2,930,955 (1)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
2,930,955 (1)
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
 ☐

13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.6% (1)
14
TYPE OF REPORTING PERSON (See Instructions)
PN

(1)
See Item 5.
2

SCHEDULE 13D
CUSIP No. 63947X101
   
     
1
NAMES OF REPORTING PERSONS
 
Insight Venture Partners (Cayman) X, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  ☐
(b)  ☐

3
SEC USE ONLY



4
SOURCE OF FUNDS (See Instructions)
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 ☐

6
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
0

SHARED VOTING POWER
2,403,417 (1)
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
2,403,417 (1)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
2,403,417 (1)
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
 ☐

13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.1% (1)
14
TYPE OF REPORTING PERSON (See Instructions)
PN

(1)
See Item 5.

3

SCHEDULE 13D
CUSIP No. 63947X101
   
     
1
NAMES OF REPORTING PERSONS
 
Insight Venture Partners (Delaware) X, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  ☐
(b)  ☐

3
SEC USE ONLY



4
SOURCE OF FUNDS (See Instructions)
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 ☐

6
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
464,918 (1)
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
464,918 (1)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
464,918 (1)
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
 ☐

13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.4% (1)
14
TYPE OF REPORTING PERSON (See Instructions)
PN

(1)
See Item 5.

4

SCHEDULE 13D
CUSIP No. 63947X101
   
     
1
NAMES OF REPORTING PERSONS
 
Insight Venture Partners X (Co-Investors), L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  ☐
(b)  ☐

3
SEC USE ONLY



4
SOURCE OF FUNDS (See Instructions)
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 ☐

6
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
69,738 (1)
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
69,738 (1)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
69,738 (1)
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
 ☐

13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1% (1)
14
TYPE OF REPORTING PERSON (See Instructions)
PN

(1)
See Item 5.

5

SCHEDULE 13D
CUSIP No. 63947X101
   
     
1
NAMES OF REPORTING PERSONS
 
Insight SN Holdings, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  ☐
(b)  ☐

3
SEC USE ONLY



4
SOURCE OF FUNDS (See Instructions)
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 ☐

6
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
1,411,494 (1)
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
1,411,494 (1)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,411,494 (1)
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
 ☐

13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.2% (1)
14
TYPE OF REPORTING PERSON (See Instructions)
OO

(1)
See Item 5.
6

SCHEDULE 13D
CUSIP No. 63947X101
   
     
1
NAMES OF REPORTING PERSONS
 
Insight SN Holdings 2, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  ☐
(b)  ☐

3
SEC USE ONLY



4
SOURCE OF FUNDS (See Instructions)
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 ☐

6
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
1,589,199 (1)
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
1,589,199 (1)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,589,199 (1)
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
 ☐

13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.4% (1)
14
TYPE OF REPORTING PERSON (See Instructions)
OO

(1)
See Item 5.
7

SCHEDULE 13D
CUSIP No. 63947X101
   
     
1
NAMES OF REPORTING PERSONS
 
Insight Venture Partners IX, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  ☐
(b)  ☐

3
SEC USE ONLY



4
SOURCE OF FUNDS (See Instructions)
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 ☐

6
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
7,648,418 (1)
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
7,648,418 (1)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
7,648,418 (1)
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
 ☐

13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.7% (1)
14
TYPE OF REPORTING PERSON (See Instructions)
PN

(1)
See Item 5.

8

SCHEDULE 13D
CUSIP No. 63947X101
   
     
1
NAMES OF REPORTING PERSONS
 
Insight Venture Partners (Cayman) IX, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  ☐
(b)  ☐
3
SEC USE ONLY



4
SOURCE OF FUNDS (See Instructions)
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
  ☐

6
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
3,800,314 (1)
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
3,800,314 (1)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
3,800,314 (1)
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
 ☐

13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.3% (1)
14
TYPE OF REPORTING PERSON (See Instructions)
PN

(1)
See Item 5.

9

SCHEDULE 13D
CUSIP No. 63947X101
   
     
1
NAMES OF REPORTING PERSONS
 
Insight Venture Partners (Delaware) IX, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  ☐
(b)  ☐

3
SEC USE ONLY



4
SOURCE OF FUNDS (See Instructions)
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 ☐

6
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
810,349 (1)
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
810,349 (1)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
810,349 (1)
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
 ☐

13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.7% (1)
14
TYPE OF REPORTING PERSON (See Instructions)
PN

(1)
See Item 5.

10

SCHEDULE 13D
CUSIP No. 63947X101
   
     
1
NAMES OF REPORTING PERSONS
 
Insight Venture Partners IX (Co-Investors), L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  ☐
(b)  ☐

3
SEC USE ONLY



4
SOURCE OF FUNDS (See Instructions)
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 ☐

6
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
152,670 (1)
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
152,670 (1)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
152,670 (1)
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
 ☐

13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1% (1)
14
TYPE OF REPORTING PERSON (See Instructions)
PN

(1)
See Item 5.

11

SCHEDULE 13D
CUSIP No. 63947X101
   
     
1
NAMES OF REPORTING PERSONS
 
Insight Venture Partners Growth-Buyout Coinvestment Fund, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  ☐
(b)  ☐
3
SEC USE ONLY



4
SOURCE OF FUNDS (See Instructions)
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 ☐

6
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
3,108,233 (1)
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
3,108,233 (1)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
3,108,233 (1)
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
 ☐

13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.7% (1)
14
TYPE OF REPORTING PERSON (See Instructions)
PN

(1)
See Item 5.

12

SCHEDULE 13D
CUSIP No. 63947X101
   
     
1
NAMES OF REPORTING PERSONS
 
Insight Venture Partners Growth-Buyout Coinvestment Fund (Cayman), L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  ☐
(b)  ☐

3
SEC USE ONLY



4
SOURCE OF FUNDS (See Instructions)
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 ☐

6
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
2,498,839 (1)
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
2,498,839 (1)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
2,498,839 (1)
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
 ☐

13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.2% (1)
14
TYPE OF REPORTING PERSON (See Instructions)
PN

(1)
See Item 5.

13

SCHEDULE 13D
CUSIP No. 63947X101
   
     
1
NAMES OF REPORTING PERSONS
 
Insight Venture Partners Growth-Buyout Coinvestment Fund (Delaware), L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  ☐
(b)  ☐

3
SEC USE ONLY



4
SOURCE OF FUNDS (See Instructions)
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 ☐

6
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
2,297,690 (1)
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
2,297,690 (1)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
2,297,690 (1)
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
 ☐

13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.0% (1)
14
TYPE OF REPORTING PERSON (See Instructions)
PN

(1)
See Item 5.

14

SCHEDULE 13D
CUSIP No. 63947X101
   
     
1
NAMES OF REPORTING PERSONS
 
Insight Venture Partners Growth-Buyout Coinvestment Fund (B), L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  ☐
(b)  ☐

3
SEC USE ONLY



4
SOURCE OF FUNDS (See Instructions)
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 ☐

6
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
2,827,926 (1)
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
2,827,926 (1)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
2,827,926 (1)
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
 ☐

13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.5% (1)
14
TYPE OF REPORTING PERSON (See Instructions)
PN

(1)
See Item 5.
15

SCHEDULE 13D
CUSIP No. 63947X101
   
     
1
NAMES OF REPORTING PERSONS
 
Insight Venture Associates X, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  ☐
(b)  ☐

3
SEC USE ONLY



4
SOURCE OF FUNDS (See Instructions)
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 ☐

6
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
5,869,028 (1)
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
5,869,028 (1)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
5,869,028 (1)
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHA RES (See Instructions)
 ☐

13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.1% (1)
14
TYPE OF REPORTING PERSON (See Instructions)
PN

(1)
See Item 5.

16

SCHEDULE 13D
CUSIP No. 63947X101
   
     
1
NAMES OF REPORTING PERSONS
 
Insight Venture Associates X, Ltd.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  ☐
(b)  ☐

3
SEC USE ONLY



4
SOURCE OF FUNDS (See Instructions)
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 ☐

6
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
5,869,028 (1)
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
5,869,028 (1)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
5,869,028 (1)
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
 ☐
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.1% (1)
14
TYPE OF REPORTING PERSON (See Instructions)
CO

(1)
See Item 5.




17

SCHEDULE 13D
CUSIP No. 63947X101
   
     
1
NAMES OF REPORTING PERSONS
 
Insight Venture Associates IX, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  ☐
(b)  ☐
3
SEC USE ONLY



4
SOURCE OF FUNDS (See Instructions)
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 ☐

6
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
12,411,751 (1)
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
12,411,751 (1)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
12,411,751 (1)
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
 ☐

13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.9% (1)
14
TYPE OF REPORTING PERSON (See Instructions)
PN

(1)
See Item 5.
18

SCHEDULE 13D
CUSIP No. 63947X101
   
     
1
NAMES OF REPORTING PERSONS
 
Insight Venture Associates IX, Ltd.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  ☐
(b)  ☐

3
SEC USE ONLY



4
SOURCE OF FUNDS (See Instructions)
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 ☐

6
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
12,411,751 (1)
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
12,411,751 (1)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
12,411,751 (1)
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
 ☐

13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.9% (1)
14
TYPE OF REPORTING PERSON (See Instructions)
CO

(1)
See Item 5.

19

SCHEDULE 13D
CUSIP No. 63947X101
   
     
1
NAMES OF REPORTING PERSONS
 
Insight Venture Associates Growth-Buyout Coinvestment, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  ☐
(b)  ☐
3
SEC USE ONLY



4
SOURCE OF FUNDS (See Instructions)
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 ☐

6
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
10,732,688 (1)
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
10,732,688 (1)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
10,732,688 (1)
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
 ☐

13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.4% (1)
14
TYPE OF REPORTING PERSON (See Instructions)
PN

(1)
See Item 5.

20

SCHEDULE 13D
CUSIP No. 63947X101
   
     
1
NAMES OF REPORTING PERSONS
 
Insight Venture Associates Growth-Buyout Coinvestment Ltd.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  ☐
(b)  ☐

3
SEC USE ONLY



4
SOURCE OF FUNDS (See Instructions)
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 ☐
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
10,732,688 (1)
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
10,732,688 (1)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
10,732,688 (1)
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
 ☐

13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.4% (1)
14
TYPE OF REPORTING PERSON (See Instructions)
CO

(1)
See Item 5.

21

SCHEDULE 13D
CUSIP No. 63947X101
   
     
1
NAMES OF REPORTING PERSONS
 
Insight Holdings Group, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a)  ☐
(b)  ☐

3
SEC USE ONLY



4
SOURCE OF FUNDS (See Instructions)
OO
5
CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 ☐

6
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
29,013,467 (1)
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
29,013,467 (1)
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
29,013,467 (1)
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)
 ☐

13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
25.4% (1)
14
TYPE OF REPORTING PERSON (See Instructions)
OO

(1)
See Item 5.




22


This Amendment No. 3 to Schedule 13D (this “Amendment No. 3”) is being filed on behalf of the Reporting Persons (as defined below) with respect to the shares of Common Stock, par value $0.0005 per share (the “Common Stock”), of nCino, Inc., a Delaware corporation (the “Issuer”), to amend the Schedule 13D filed with the U.S. Securities and Exchange Commission (the “SEC”) on January 18, 2022 (the “Schedule 13D”), as previously amended on September 1, 2023 and April 3, 2024, on behalf of the following persons (each, a “Reporting Person”, and collectively, the “Reporting Persons”): (i) Insight Venture Partners X, L.P., a Cayman Islands exempted limited partnership (“IVP X”); (ii) Insight Venture Partners (Cayman) X, L.P., a Cayman Islands exempted limited partnership (“IVP Cayman X”); (iii) Insight Venture Partners (Delaware) X, L.P., a Delaware limited partnership (“IVP Delaware X”); (iv) Insight Venture Partners X (Co-Investors), L.P., a Cayman Islands exempted limited partnership (“IVP Co-Investors X” and, together with IVP X, IVP Cayman X and IVP Delaware X, the “IVP X Funds”); (v) Insight SN Holdings, LLC, a Delaware limited liability company (“IVP X HoldCo 1”); (vi) Insight SN Holdings 2, LLC, a Delaware limited liability company (“IVP X HoldCo 2” and, together with IVP X HoldCo 1, the “IVP X HoldCos”); (vii) Insight Venture Partners IX, L.P., a Cayman Islands exempted limited partnership (“IVP IX”), (viii) Insight Venture Partners (Cayman) IX, L.P., a Cayman Islands exempted limited partnership (“IVP Cayman IX”), (ix) Insight Venture Partners (Delaware) IX, L.P., a Delaware limited partnership (“IVP Delaware IX”), (x) Insight Venture Pa rtners IX (Co-Investors), L.P., a Cayman Islands exempted limited partnership (“IVP Co-Investors IX” and, together with IVP IX, IVP Cayman IX and IVP Delaware IX, the “IVP IX Funds”); (xi) Insight Venture Partners Growth-Buyout Coinvestment Fund, L.P., a Cayman Islands exempted limited partnership (“IVP GBCF”), (xii) Insight Venture Partners Growth-Buyout Coinvestment Fund (Cayman), L.P., a Cayman Islands exempted limited partnership (“IVP Cayman GBCF”), (xiii) Insight Venture Partners Growth-Buyout Coinvestment Fund (Delaware), L.P., a Delaware limited partnership (“IVP Delaware GBCF”), (xiv) Insight Venture Partners Growth-Buyout Coinvestment Fund (B), L.P., a Cayman Islands exempted limited partnership (“IVP B GBCF” and, together with IVP GBCF, IVP Cayman GBCF and IVP Delaware GBCF, the “IVP GBCF Funds”); (xv) Insight Venture Associates X, L.P., a Cayman Islands exempted limited partnership (“IVA X”); (xvi) Insight Venture Associates X, Ltd., a Cayman Islands exempted company (“IVA X Ltd”); (xvii) Insight Venture Associates IX, L.P., a Cayman Islands exempted limited partnership (“IVA IX”); (xviii) Insight Venture Associates IX, Ltd., a Cayman Islands exempted company (“IVA IX Ltd”); (xix) Insight Venture Associates Growth-Buyout Coinvestment, L.P., a Cayman Islands exempted limited partnership (“IVA GBC”); (xx) Insight Venture Associates Growth-Buyout Coinvestment Ltd., a Cayman Islands exempted company (“IVA GBC Ltd”); and (xxi) Insight Holdings Group, LLC, a Delaware limited liability company (“Holdings”). This Amendment No. 3 is being filed to reflect changes in the number of shares of Common Stock beneficially owned by the Reporting Persons and is being filed to amend Items 3 and 5 of the Schedule 13D as follows:

Item 3.     Source and Amount of Funds or Other Considerations.

Item 3 of the Schedule 13D is amended to add the following:

On April 9, 2024, the Reporting Persons distributed an aggregate of 5,009,547 shares of Common Stock to their respective partners on a pro rata basis in accordance with their respective ownership interests as determined in accordance with the applicable limited partnership agreements of such entities. The respective partners of the Reporting Persons did not furnish any consideration in exchange for the shares of Common Stock received in connection with such distributions.

Item 5.     Interest in Securities of the Issuer.

Items 5(a) and 5(b) of the Schedule 13D are amended as follows:

The responses of the Reporting Persons on the cover pages hereof are incorporated herein by reference.  As of the date hereof, the Reporting Persons beneficially own an aggregate of 29,013,467 shares of Common Stock, which represent approximately 25.4% of the Common Stock outstanding.  The percentage of the Common Stock beneficially owned by each Reporting Person as reported herein (including on the cover pages hereof) is calculated based on 114,216,575 shares of Common Stock outstanding as of March 21, 2024, as set forth in the Issuer’s annual report for the fiscal year ended January 31, 2024, as filed with the SEC on March 26, 2024 (the “10-K”).

Each of Holdings, IVA X Ltd, IVA IX Ltd, IVA GBC Ltd, IVA X, IVA IX and IVA GBC expressly declare that nothing herein shall be construed as an admission that it is, for the purposes of sections 13(d) or 13(g) of the Act or for any other purpose, the beneficial owner of any securities covered hereby.  IVP X expressly declares that nothing herein shall be construed as an admission that it is, for the purposes of sections 13(d) or 13(g) of the Act or for any other purpose, the beneficial owner of all of the securities owned by the IVP X HoldCos.

181,648 shares of Common Stock are beneficially owned by Jeffrey Horing, a Scheduled Person.  To the Reporting Persons’ knowledge, no shares of Common Stock are beneficially owned by any other Scheduled Person.

Item 5(c) of the Schedule 13D is amended as follows:

The information contained in Item 3 of this Amendment No. 3 is incorporated herein by reference, as applicable.

Item 7.     Material to Be Filed as Exhibits.

Exhibit 7.1
Joint Filing Agreement, dated as of January 18, 2022, by and among the Reporting Persons (incorporated by reference to Exhibit 7.1 to the Schedule 13D filed on behalf of the Reporting Persons with the SEC on January 18, 2022).
 




23


SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.


Dated:  April 11, 2024
INSIGHT VENTURE PARTNERS X, L.P.
By: Insight Venture Associates X, L.P., its general partner
By: Insight Venture Associates X, Ltd., its general partner
 
     
 
By:
/s/ Andrew Prodromos                                    
 
 
Name:
Andrew Prodromos
 
 
Title:
Authorized Officer
 
       
       
       
Dated:  April 11, 2024
INSIGHT VENTURE PARTNERS (CAYMAN) X, L.P.
By: Insight Venture Associates X, L.P., its general partner
By: Insight Venture Associates X, Ltd., its general partner
 
       
 
By:
/s/ Andrew Prodromos                                     
 
 
Name:
Andrew Prodromos
 
 
Title:
Authorized Officer
 
       
       
       
Dated:  April 11, 2024
INSIGHT VENTURE PARTNERS (DELAWARE) X, L.P.
By: Insight Venture Associates X, L.P., its general partner
By: Insight Venture Associates X, Ltd., its general partner
 
       
 
By:
/s/ Andrew Prodromos                                    
 
 
Name:
Andrew Prodromos
 
 
Title:
Authorized Officer
 
       
       
       
Dated:  April 11, 2024
INSIGHT VENTURE PARTNERS X (CO-INVESTORS), L.P.
By: Insight Venture Associates X, L.P., its general partner
By: Insight Venture Associates X, Ltd., its general partner
 
       
 
By:
/s/ Andrew Prodromos                                    
 
 
Name:
Andrew Prodromos
 
 
Title:
Authorized Officer
 
       
       

Dated:  April 11, 2024
INSIGHT SN HOLDINGS, LLC
 
       
 
By:
/s/ Andrew Prodromos                                    
 
 
Name:
Andrew Prodromos
 
 
Title:
Authorized Officer
 
       
       
       
Dated:  April 11, 2024
INSIGHT SN HOLDINGS 2, LLC
 
       
 
By:
/s/ Andrew Prodromos                                    
 
 
Name:
Andrew Prodromos
 
 
Title:
Authorized Officer
 
       
       
       
Dated:  April 11, 2024
INSIGHT VENTURE PARTNERS IX, L.P.
By: Insight Venture Associates IX, L.P., its general partner
By: Insight Venture Associates IX, Ltd., its general partner
 
       
 
By:
/s/ Andrew Prodromos                                     
 
 
Name:
Andrew Prodromos
 
 
Title:
Authorized Officer
 
       
       
       
Dated:  April 11, 2024
INSIGHT VENTURE PARTNERS (CAYMAN) IX, L.P.
By: Insight Venture Associates IX, L.P., its general partner
By: Insight Venture Associates IX, Ltd., its general partner
 
       
 
By:
/s/ Andrew Prodromos                                    
 
 
Name:
Andrew Prodromos
 
 
Title:
Authorized Officer
 
       
       


Dated:  April 11, 2024
INSIGHT VENTURE PARTNERS (DELAWARE) IX, L.P.
By: Insight Venture Associates IX, L.P., its general partner
By: Insight Venture Associates IX, Ltd., its general partner
 
       
 
By:
/s/ Andrew Prodromos                                    
 
 
Name:
Andrew Prodromos
 
 
Title:
Authorized Officer
 
       
       
       
Dated:  April 11, 2024
INSIGHT VENTURE PARTNERS IX (CO-INVESTORS), L.P.
By: Insight Venture Associates IX, L.P., its general partner
By: Insight Venture Associates IX, Ltd., its general partner
 
       
 
By:
/s/ Andrew Prodromos                                    
 
 
Name:
Andrew Prodromos
 
 
Title:
Authorized Officer
 
       
       
       
Dated:  April 11, 2024
INSIGHT VENTURE PARTNERS GROWTH-BUYOUT COINVESTMENT FUND, L.P.
By: Insight Venture Associates Growth-Buyout Coinvestment, L.P., its general partner
By: Insight Venture Associates Growth-Buyout Coinvestment, Ltd., its general partner
 
       
 
By:
/s/ Andrew Prodromos                                    
 
 
Name:
Andrew Prodromos
 
 
Title:
Authorized Officer
 
       
       
       
Dated:  April 11, 2024
INSIGHT VENTURE PARTNERS GROWTH-BUYOUT COINVESTMENT FUND (CAYMAN), L.P.
By: Insight Venture Associates Growth-Buyout Coinvestment, L.P., its general partner
By: Insight Venture Associates Growth-Buyout Coinvestment, Ltd., its general partner
 
       
 
By:
/s/ Andrew Prodromos                                    
 
 
Name:
Andrew Prodromos
 
 
Title:
Authorized Officer
 
       
       
       


< td style="width: 35.56%; vertical-align: top;"> 
Dated:  April 11, 2024
INSIGHT VENTURE PARTNERS GROWTH-BUYOUT COINVESTMENT FUND (DELAWARE), L.P.
By: Insight Venture Associates Growth-Buyout Coinvestment, L.P., its general partner
By: Insight Venture Associates Growth-Buyout Coinvestment, Ltd., its general partner
 
       
 
By:
/s/ Andrew Prodromos                                    
 
 
Name:
Andrew Prodromos
 
 
Title:
Authorized Officer
 
       
       
       
Dated:  April 11, 2024
INSIGHT VENTURE PARTNERS GROWTH-BUYOUT COINVESTMENT FUND (B), L.P.
By: Insight Venture Associates Growth-Buyout Coinvestment, L.P., its general partner
By: Insight Venture Associates Growth-Buyout Coinvestment, Ltd., its general partner
 
       
 
By:
/s/ Andrew Prodromos                                    
 
 
Name:
Andrew Prodromos
 
 
Title:
Authorized Officer
 
       
       
       
Dated:  April 11, 2024
INSIGHT VENTURE ASSOCIATES X, L.P.
By: Insight Venture Associates X, Ltd., its general partner
 
       
 
By:
/s/ Andrew Prodromos                                    
 
 
Name:
Andrew Prodromos
 
 
Title:
Authorized Officer
 
       
       
       
Dated:  April 11, 2024
INSIGHT VENTURE ASSOCIATES X, LTD.
 
       
By:
/s/ Andrew Prodromos                                    
 
 
Name:
Andrew Prodromos
 
 
Title:
Authorized Officer
 
       
       
       


Dated:  April 11, 2024
INSIGHT VENTURE ASSOCIATES IX, L.P.
By: Insight Venture Associates IX, Ltd., its general partner
 
       
 
By:
/s/ Andrew Prodromos                                    
 
 
Name:
Andrew Prodromos
 
 
Title:
Authorized Officer
 
       
       
       
Dated:  April 11, 2024
INSIGHT VENTURE ASSOCIATES IX, LTD.
 
       
 
By:
/s/ Andrew Prodromos                                    
 
 
Name:
Andrew Prodromos
 
 
Title:
Authorized Officer
 
       
       
       
Dated:  April 11, 2024
INSIGHT VENTURE ASSOCIATES GROWTH-BUYOUT COINVESTMENT, L.P.
By: Insight Venture Associates Growth-Buyout Coinvestment, Ltd., its general partner
 
       
 
By:
/s/ Andrew Prodromos                                    
 
 
Name:
Andrew Prodromos
 
 
Title:
Authorized Officer
 
       
       
       
Dated:  April 11, 2024
INSIGHT VENTURE ASSOCIATES GROWTH-BUYOUT COINVESTMENT, LTD.
 
       
 
By:
/s/ Andrew Prodromos                                    
 
 
Name:
Andrew Prodromos
 
 
Title:
Authorized Officer
 
       
       
       
Dated:  April 11, 2024
INSIGHT HOLDINGS GROUP, LLC
 
       
 
By:
/s/ Andrew Prodromos                                    
 
 
Name:
Andrew Prodromos
 
 
Title:
Attorney-in-fact