Funding round
Aspire Series C
Aspire, which works in business financial solutions platform development in Singapore, raised $430M in a Series C round announced on 1 Feb 2023. 1 firm took part. It is Aspire's third venture round on record; the one before was a Series B in Sep 2021.
$430M
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
Aspire did not disclose a valuation in this round. It came 17 months after Aspire's Series B. It is 61% of the $700M Aspire has raised in the venture rounds on record. Aspire raised again 11 months later: a Growth round of $79M in Jan 2024.
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- Perplexity
Comparable rounds
How it compares
25 Series C rounds in Payment Processing & Point of Sale within a year either side disclosed an amount; the median was $58M, and this round was 7.4 times the median. The closest in time, other companies' Series C rounds in Payment Processing & Point of Sale:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tabby Payment Processing & Point of Sale | 18 Jan 2023 | $58M | $660M | Sequoia Capital India and STV |
| Payment Processing & Point of Sale | 24 Apr 2023 | $41M | not disclosed | Orange Ventures and Portage |
| Payment Processing & Point of Sale | 20 Apr 2023 | undisclosed | not disclosed | SoftBank Ventures Asia |
| Payment Processing & Point of Sale | 23 May 2023 | $48M | not disclosed | Avenir |
| Payment Processing & Point of Sale | 4 Oct 2022 | $46M | not disclosed | Anthos Capital and Mars Capital |
| Payment Processing & Point of Sale | 3 Oct 2022 | $33M | not disclosed | Regal Funds Management |
| Payment Processing & Point of Sale | 17 Jul 2023 | $72M | $900M | Marshall Wace |
| Payment Processing & Point of Sale | 7 Sep 2022 | $60M | not disclosed | Alpha Wave Global |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Aspire raise in its Series C round?
Aspire raised $430M in its Series C round, announced in Feb 2023.
Which investors took part in Aspire's Series C round?
Perplexity.
What was Aspire's valuation at the Series C round?
It was not disclosed.
How does it compare with other Series C rounds in Payment Processing & Point of Sale?
25 Series C rounds in Payment Processing & Point of Sale within a year either side disclosed an amount; the median was $58M, and this round was 7.4 times the median.
Did Aspire raise again after this round?
Yes: a Growth round in Jan 2024 of $79M.