Funding round
Aledade Series B
Aledade, which works in value-based care solutions development in Bethesda, raised $30M in a Series B round announced on 15 Jun 2015, led by ARCH Venture Partners. 2 firms took part, 1 of them already investors. It is Aledade's second venture round on record; the one before was a Series A in Jun 2014.
$30M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
Aledade did not disclose a valuation in this round; its last disclosed one was $17M at the Series A (Jun 2014). It came 12 months after Aledade's Series A. It is 5.2% of the $582M Aledade has raised in the venture rounds on record. Aledade raised again 58 months later: a Series C round of $64M in Apr 2020. Its next priced round, a Series D in Jan 2021, valued it at $2.10B.
Aledade's funding rounds
Aledade has 6 venture rounds on record and 1 other deal. This one is highlighted.
- Series A 18 Jun 2014, led by Venrock $5.0M$17M post-money
- Series B this round 15 Jun 2015, led by ARCH Venture Partners $30M
- Series C 20 Apr 2020, led by OMERS Growth Equity $64M
- Series D 19 Jan 2021, led by Meritech Capital $100M$2.10B post-money
- Series E 6 Jun 2022, led by OMERS Private Equity $123M$3.10B post-money
- Series F 20 Jun 2023, led by Lightspeed Venture Partners $260M$3.50B post-money
- Debt not a venture round 1 Dec 2025, led by Ares Commercial Finance and Ares Credit funds $500M
Investors
Who put money in
ARCH Venture Partners led the round with 1 other firm. Venrock had backed Aledade before.
Lead investor
- ARCH Venture Partners backs 99 venture-backed companies new investor
Also in the round
- Venrock backs 93 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: 2 in Health Care Services, then Series B rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Health Care Services | 20 Jul 2015 | $63M | $287M | not named |
| Health Care Services | 1 Jun 2014 | $38M | not disclosed | Greylock Partners |
| Mapbox Tech Companies | 17 Jun 2015 | $53M | not disclosed | DFJ Growth |
| Chemicals | 4 Jun 2015 | $32M | not disclosed | Foundation Capital and Formation 8 |
| Electronical Components Manufacturing | 18 Jun 2015 | $31M | not disclosed | not named |
| Alarms, Surveillance & Security Systems | 1 Jun 2015 | $30M | not disclosed | Walden Riverwood Ventures |
| Telecommunications | 17 Jun 2015 | $30M | not disclosed | Partech |
| Data Solutions | 23 Jun 2015 | $28M | not disclosed | not named |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Aledade raise in its Series B round?
Aledade raised $30M in its Series B round, announced in Jun 2015.
Who led Aledade's Series B round?
ARCH Venture Partners led it, with Venrock.
What was Aledade's valuation at the Series B round?
It was not disclosed; its last disclosed one was $17M at the Series A (Jun 2014).
Did Aledade raise again after this round?
Yes: a Series C round in Apr 2020 of $64M.