Funding round
Attentive Series E
Attentive, which works in AI-Powered messaging platform development in Hoboken, raised $470M in a Series E round announced on 9 Mar 2021, at a $7.00B post-money valuation. 2 firms took part. It is Attentive's fifth venture round on record; the one before was a Series D in Sep 2020.
$470M
Amount raised
$7.00B
Post-money valuation
2
Investors
no lead named
3.2x
Step-up from the Series D
$2.20B in Sep 2020
6.7%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Attentive at $7.00B after the new money, 3.2 times the $2.20B of its Series D (Sep 2020). The $470M bought investors about 6.7% of the company. It came 6 months after Attentive's Series D. It is 59% of the $793M Attentive has raised in the venture rounds on record. No later venture round is on record for Attentive.
Attentive's funding rounds
Attentive has 5 venture rounds on record and 2 other deals. This one is highlighted.
- Other not a venture round 21 Oct 2014 $750K
- Series A 8 Feb 2018, led by Bain Capital Ventures $13M$50M post-money
- Series B 12 Aug 2019, led by Sequoia Capital $40M
- Series C 15 Apr 2020 $40M
- Series D 23 Sep 2020, led by Coatue $230M$2.20B post-money
- Series E this round 9 Mar 2021 $470M$7.00B post-money
- Other not a venture round 12 Jul 2022 $5.0M
Investors
Who put money in
2 firms took part; no lead investor was named.
Investors
- Tiger Global Management new investor
- Coatue backs 229 venture-backed companies new 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
120 Series E rounds in Tech Companies within a year either side disclosed an amount; the median was $130M, and this round was 3.6 times the median. The closest in time, other companies' Series E rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 16 Mar 2021 | $300M | $1.00B | SoftBank Vision Fund and Tencent Investment |
| Snyk Tech Companies | 10 Mar 2021 | $300M | $4.70B | Accel and Tiger Global |
| Tech Companies | 15 Mar 2021 | $270M | $5.77B | Greenoaks |
| Tech Companies | 22 Mar 2021 | $220M | $3.30B | Tiger Global |
| Tech Companies | 18 Mar 2021 | $180M | $1.00B | Silver Lake Waterman and T. Rowe Price Associates, Inc. |
| Tech Companies | 22 Mar 2021 | $153M | $1.00B | OMERS Private Equity and Kaiser Permanente Group Trust |
| Clari Tech Companies | 3 Mar 2021 | $150M | $1.60B | Silver Lake |
| Tech Companies | 23 Mar 2021 | $60M | $1.00B | Tiger Global |
Sources
Where this comes from
Reported by 1 source. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Attentive raise in its Series E round?
Attentive raised $470M in its Series E round, announced in Mar 2021.
Which investors took part in Attentive's Series E round?
Tiger Global Management and Coatue.
What was Attentive's valuation at the Series E round?
$7.00B post-money.
How does it compare with other Series E rounds in Tech Companies?
120 Series E rounds in Tech Companies within a year either side disclosed an amount; the median was $130M, and this round was 3.6 times the median.