Funding round
AlayaCare Series C
AlayaCare, which works in cloud-based home care software solutions in Canada, raised $48M in a Series C round announced on 6 Jan 2020. It is AlayaCare's fourth venture round on record; the one before was a Growth in Jul 2019.
$48M
Amount raised
Not disclosed
Post-money valuation
Valuation
What this round says about the price
AlayaCare did not disclose a valuation in this round. It came 6 months after AlayaCare's Growth. It is 11% of the $441M AlayaCare has raised in the venture rounds on record. AlayaCare raised again 17 months later: a Growth round of $183M in Jun 2021.
AlayaCare's funding rounds
AlayaCare has 6 venture rounds on record and 1 other deal. This one is highlighted.
- Seed 1 Jan 2015 $6.0M
- Other not a venture round 1 May 2017 $2.4M
- Series B 7 Aug 2018, led by Inovia $14M
- Growth 2 Jul 2019, led by Inovia $25M
- Series C this round 6 Jan 2020 $48M
- Growth 30 Jun 2021, led by Generation Investment Management $183M
- Series D 22 May 2024, led by Generation Investment Management LLP $165M
Comparable rounds
How it compares
285 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $40M, and this round was 1.2 times the median. The closest in time, other companies' Series C rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 15 Jan 2020 | $90M | $500M | ICONIQ Capital |
| Tech Companies | 1 Jan 2020 | $73M | not disclosed | Tencent and Xiang He Capital |
| Tech Companies | 21 Jan 2020 | $70M | not disclosed | Goldman Sachs and Goldman Sachs Growth |
| Tech Companies | 22 Jan 2020 | $59M | not disclosed | not named |
| Tech Companies | 8 Jan 2020 | $50M | not disclosed | Andreessen Horowitz |
| Tech Companies | 15 Jan 2020 | $40M | not disclosed | Insight Partners |
| Tech Companies | 21 Jan 2020 | $40M | not disclosed | Norwest |
| Tech Companies | 16 Jan 2020 | $30M | not disclosed | WestBridge Capital |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did AlayaCare raise in its Series C round?
AlayaCare raised $48M in its Series C round, announced in Jan 2020.
What was AlayaCare's valuation at the Series C round?
It was not disclosed.
How does it compare with other Series C rounds in Tech Companies?
285 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $40M, and this round was 1.2 times the median.
Did AlayaCare raise again after this round?
Yes: a Growth round in Jun 2021 of $183M.