Funding round
Branch Series D
Branch, which works in mobile measurement platform development in Mountain View, raised $129M in a Series D round announced on 7 Sep 2018, at a $1.00B post-money valuation. 2 firms took part. It is Branch's fifth venture round on record; the one before was a Series C in Apr 2017.
$129M
Amount raised
$1.00B
Post-money valuation
$871M pre-money
2
Investors
no lead named
13%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Branch at $1.00B after the new money. The $129M bought investors about 13% of the company. It came 17 months after Branch's Series C. It is 24% of the $542M Branch has raised in the venture rounds on record. Branch raised again 41 months later: a Growth round of $300M in Feb 2022, at $4.00B post-money.
Branch's funding rounds
Branch has 6 venture rounds on record. This one is highlighted.
- Seed 23 Sep 2014, led by New Enterprise Associates $3.0M
- Series A 1 Jan 2015, led by New Enterprise Associates $15M
- Series B 27 Jan 2016, led by Founders Fund $35M
- Series C 12 Apr 2017, led by Playground $60M
- Series D this round 7 Sep 2018 $129M$1.00B post-money
- Growth 10 Feb 2022, led by New Enterprise Associates $300M$4.00B post-money
Investors
Who put money in
2 firms took part; no lead investor was named.
Investors
- backs 141 venture-backed companies new investor
- New Enterprise Associates backs 286 venture-backed companies new investor
Comparable rounds
How it compares
104 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $50M, and this round was 2.6 times the median. The closest in time, other companies' Series D rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 6 Sep 2018 | $100M | $750M | Tencent |
| Sysdig Tech Companies | 12 Sep 2018 | $69M | not disclosed | Insight Partners |
| Forter Tech Companies | 26 Sep 2018 | $50M | not disclosed | March Capital and Salesforce Ventures |
| Tech Companies | 10 Sep 2018 | $32M | not disclosed | CLP Holdings Group and innogy |
| DataRobot Tech Companies | 25 Oct 2018 | $100M | not disclosed | Meritech Capital and Sapphire Ventures |
| Tech Companies | 23 Aug 2018 | $93M | not disclosed | Georgian |
| Tech Companies | 14 Aug 2018 | $50M | not disclosed | Lightspeed Venture Partners |
| Salsify Tech Companies | 7 Aug 2018 | $43M | not disclosed | Greenspring Associates |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Branch raise in its Series D round?
Branch raised $129M in its Series D round, announced in Sep 2018.
Which investors took part in Branch's Series D round?
Revolution and New Enterprise Associates.
What was Branch's valuation at the Series D round?
$1.00B post-money ($871M pre-money).
How does it compare with other Series D rounds in Tech Companies?
104 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $50M, and this round was 2.6 times the median.
Did Branch raise again after this round?
Yes: a Growth round in Feb 2022 of $300M at $4.00B post-money.