Funding round
Bird Series A
Bird, which works in cloud communications platform development in Amsterdam, raised $72M in a Series A round announced on 29 Dec 2017, led by Accel. 1 firm took part. It is Bird's first venture round on record.
$72M
Amount raised
60,000,000 EUR converted
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Bird did not disclose a valuation in this round. It is Bird's first venture round on record, 6 years after it was founded in 2011. It is 26% of the $272M Bird has raised in the venture rounds on record. Bird raised again 34 months later: a Series C round of $200M in Oct 2020, at $3.00B post-money.
Bird's funding rounds
Bird has 2 venture rounds on record and 1 other deal. This one is highlighted.
- Series A this round 29 Dec 2017, led by Accel $72M
- Series C 8 Oct 2020, led by Spark Capital $200M$3.00B post-money
- Debt not a venture round 23 Sep 2026, led by J.P. Morgan $450M
Investors
Who put money in
Accel led the round.
Lead investor
- Accel backs 581 venture-backed companies new investor
Comparable rounds
How it compares
715 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $7.5M, and this round was 9.6 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 28 Dec 2017 | $20M | not disclosed | New Enterprise Associates |
| Tech Companies | 12 Dec 2017 | $18M | not disclosed | Aquiline Capital Partners and BlackFin |
| Tech Companies | 28 Dec 2017 | $15M | not disclosed | China-U.S. Green Fund and Banyan China Capital |
| Tech Companies | 19 Dec 2017 | $15M | not disclosed | Global Founders Capital |
| Tech Companies | 6 Dec 2017 | $13M | not disclosed | not named |
| Tech Companies | 12 Dec 2017 | $10M | not disclosed | Battery Ventures |
| Tech Companies | 13 Dec 2017 | $9.0M | not disclosed | CRV |
| Tech Companies | 12 Dec 2017 | $8.0M | not disclosed | Comcast Ventures |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Bird raise in its Series A round?
Bird raised $72M in its Series A round, announced in Dec 2017.
Who led Bird's Series A round?
Accel led it.
What was Bird's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
715 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $7.5M, and this round was 9.6 times the median.
Did Bird raise again after this round?
Yes: a Series C round in Oct 2020 of $200M at $3.00B post-money.