Funding round
AUTO1.com Series F
AUTO1.com, which works in used car wholesale in Berlin, raised $560M in a Series F round announced on 14 Jan 2018, led by SoftBank Vision Fund, at a $2.00B post-money valuation. 1 firm took part. It is AUTO1.com's third venture round on record; the one before was a Series D in Jan 2015.
$560M
Amount raised
$2.00B
Post-money valuation
1
Investors
1 lead
28%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced AUTO1.com at $2.00B after the new money. The $560M bought investors about 28% of the company. It came 36 months after AUTO1.com's Series D. It is 83% of the $677M AUTO1.com has raised in the venture rounds on record. No later venture round is on record for AUTO1.com.
Investors
Who put money in
SoftBank Vision Fund led the round.
Lead investor
- SoftBank Vision Fund backs 234 venture-backed companies new investor
Joined the board: Akshay Naheta (SoftBank Vision Fund).
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: Series F rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Water Supply & Water Treatment | 19 Apr 2018 | $10M | not disclosed | not named |
| Tech Companies | 1 Sep 2017 | $20M | not disclosed | not named |
| Tech Companies | 11 Sep 2017 | $18M | not disclosed | Madison Bay Capital Partners |
| Tech Companies | 15 May 2018 | $17M | not disclosed | not named |
| Online Marketplace | 17 Aug 2017 | $1.10B | not disclosed | Alibaba |
| SoundCloud Media Companies | 11 Aug 2017 | $170M | not disclosed | Temasek and The Raine Group |
| Tech Companies | 21 Jun 2018 | $25M | not disclosed | Foundry |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did AUTO1.com raise in its Series F round?
AUTO1.com raised $560M in its Series F round, announced in Jan 2018.
Who led AUTO1.com's Series F round?
SoftBank Vision Fund led it.
What was AUTO1.com's valuation at the Series F round?
$2.00B post-money.