Funding round
Ant Group Series A
Ant Group, which works in software product development in Hangzhou, raised an undisclosed amount in a Series A round announced on 3 Jul 2015, led by National Social Security Fund, at a $47.50B post-money valuation. 4 firms took part. It is Ant Group's first venture round on record.
Undisclosed
Amount raised
$47.50B
Post-money valuation
4
Investors
1 lead
Valuation
What this round says about the price
This round priced Ant Group at $47.50B after the new money. It is Ant Group's first venture round on record, 1 year after it was founded in 2014. Ant Group raised again 9 months later: a Series B round of $4.50B in Apr 2016, at $60.00B post-money.
Ant Group's funding rounds
Ant Group has 3 venture rounds on record. This one is highlighted.
Investors
Who put money in
National Social Security Fund led the round with 3 other firms.
Lead investor
- National Social Security Fund new investor
Also in the round
- backs 3 venture-backed companies new investor
- major Chinese insurance corporations new investor
- other investors new investor
Comparable rounds
How it compares
399 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $6.5M. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 22 Jul 2015 | $29M | not disclosed | JMI Equity |
| Tech Companies | 23 Jul 2015 | $24M | not disclosed | General Catalyst and BuildGroup |
| Cohesity Tech Companies | 29 Jul 2015 | $15M | not disclosed | Sequoia Capital and Wing Venture Capital |
| Tech Companies | 14 Jul 2015 | $14M | not disclosed | not named |
| Tech Companies | 1 Jul 2015 | $12M | $34M | not named |
| Tech Companies | 15 Jul 2015 | $11M | not disclosed | Andreessen Horowitz |
| Sysdig Tech Companies | 14 Jul 2015 | $11M | not disclosed | Accel and Bain Capital Ventures |
| Tech Companies | 15 Jul 2015 | $10M | not disclosed | Mosaic Ventures |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Ant Group raise in its Series A round?
Ant Group did not disclose the amount of its Series A round, announced in Jul 2015.
Who led Ant Group's Series A round?
National Social Security Fund led it, with China Development Bank Capital, major Chinese insurance corporations and other investors.
What was Ant Group's valuation at the Series A round?
$47.50B post-money.
Did Ant Group raise again after this round?
Yes: a Series B round in Apr 2016 of $4.50B at $60.00B post-money.