Funding round
Bloomreach Series A
Bloomreach, which works in AI-Driven personalization solutions in Mountain View, raised $5.3M in a Series A round announced on 23 Feb 2009, at a $12M post-money valuation. 1 firm took part. It is Bloomreach's first venture round on record.
$5.3M
Amount raised
$12M
Post-money valuation
1
Investors
no lead named
45%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Bloomreach at $12M after the new money. The $5.3M bought investors about 45% of the company. It is Bloomreach's first venture round on record, in the year it was founded (2009). It is 1.2% of the $425M Bloomreach has raised in the venture rounds on record. Bloomreach raised again 19 months later: a Series B round of $14M in Sep 2010, at $69M post-money.
Bloomreach's funding rounds
Bloomreach has 6 venture rounds on record and 1 other deal. This one is highlighted.
- Series A this round 23 Feb 2009 $5.3M$12M post-money
- Series B 29 Sep 2010 $14M$69M post-money
- Series C 18 Oct 2012, led by New Enterprise Associates $25M
- Series D 29 Jan 2016 $56M
- Series E 26 Jan 2021, led by Sixth Street Growth $150M$900M post-money
- Series F 23 Feb 2022, led by Goldman Sachs Asset Management and Goldman Sachs $175M$2.20B post-money
- Debt not a venture round 4 Oct 2022, led by J.P. Morgan $30M
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- Bain Capital Ventures backs 220 venture-backed companies new investor
Comparable rounds
How it compares
34 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $3.3M, and this round was 1.6 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 3 Feb 2009 | $8.5M | not disclosed | not named |
| Tech Companies | 11 Feb 2009 | $8.0M | not disclosed | not named |
| Tech Companies | 1 Jan 2009 | $5.0M | not disclosed | not named |
| Tech Companies | 1 Mar 2009 | $2.0M | not disclosed | not named |
| Tech Companies | 10 Dec 2008 | $3.0M | not disclosed | Imlay Investments |
| Tech Companies | 1 Dec 2008 | $800K | not disclosed | IA Capital Partners |
| Tech Companies | 1 Nov 2008 | $2.0M | not disclosed | Emergence Capital |
| Tech Companies | 2 Jun 2009 | $3.5M | not disclosed | not named |
Questions
Frequently asked
How much did Bloomreach raise in its Series A round?
Bloomreach raised $5.3M in its Series A round, announced in Feb 2009.
Which investors took part in Bloomreach's Series A round?
Bain Capital Ventures.
What was Bloomreach's valuation at the Series A round?
$12M post-money.
How does it compare with other Series A rounds in Tech Companies?
34 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $3.3M, and this round was 1.6 times the median.
Did Bloomreach raise again after this round?
Yes: a Series B round in Sep 2010 of $14M at $69M post-money.