Funding round
BlueVoyant Series B
BlueVoyant, which works in AI-Driven cybersecurity solutions development in New York, raised $83M in a Series B round announced on 30 May 2019, led by Fiserv, at a $430M post-money valuation. 2 firms took part, 2 of them already investors. It is BlueVoyant's first venture round on record.
$83M
Amount raised
$430M
Post-money valuation
$348M pre-money
2
Investors
1 lead
19%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced BlueVoyant at $430M after the new money. The $83M bought investors about 19% of the company. It is BlueVoyant's first venture round on record, 2 years after it was founded in 2017. It is 17% of the $473M BlueVoyant has raised in the venture rounds on record. BlueVoyant raised again 33 months later: a Series D round of $250M in Feb 2022, at $1.00B post-money.
BlueVoyant's funding rounds
BlueVoyant has 3 venture rounds on record. This one is highlighted.
Investors
Who put money in
Fiserv led the round with 1 other firm. Fiserv and new and existing investors had backed BlueVoyant before.
Lead investor
- Fiserv existing investor
Also in the round
- new and existing investors existing 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
509 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $21M, and this round was 3.9 times the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 13 May 2019 | $56M | not disclosed | Stripes |
| Tech Companies | 22 May 2019 | $50M | not disclosed | Cathay Innovation |
| ApplyBoard Tech Companies | 27 May 2019 | $41M | not disclosed | Anthos Capital |
| Biofourmis Tech Companies | 21 May 2019 | $35M | not disclosed | Sequoia India and MassMutual Ventures |
| Tech Companies | 15 May 2019 | $28M | not disclosed | Tiger Global |
| Tech Companies | 21 May 2019 | $25M | not disclosed | Kayne Partners |
| Tech Companies | 15 May 2019 | $25M | not disclosed | GreatPoint Ventures |
| Tech Companies | 30 May 2019 | $23M | not disclosed | Energy Impact Partners |
Sources
Where this comes from
Reported by 6 sources.
Questions
Frequently asked
How much did BlueVoyant raise in its Series B round?
BlueVoyant raised $83M in its Series B round, announced in May 2019.
Who led BlueVoyant's Series B round?
Fiserv led it, with new and existing investors.
What was BlueVoyant's valuation at the Series B round?
$430M post-money ($348M pre-money).
How does it compare with other Series B rounds in Tech Companies?
509 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $21M, and this round was 3.9 times the median.
Did BlueVoyant raise again after this round?
Yes: a Series D round in Feb 2022 of $250M at $1.00B post-money.