Funding round
BYJU'S Series F
BYJU'S, which works in live online class services in Bengaluru, raised $122M in a Series F round announced on 27 Aug 2020, at a $10.00B post-money valuation. 1 firm took part. It is BYJU'S' fifth venture round on record; the one before was a Series B in Mar 2019.
$122M
Amount raised
$10.00B
Post-money valuation
$9.88B pre-money
1
Investors
no lead named
1.9x
Step-up from the Series B
$5.40B in Mar 2019
1.2%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced BYJU'S at $10.00B after the new money, 1.9 times the $5.40B of its Series B (Mar 2019). The $122M bought investors about 1.2% of the company. It came 17 months after BYJU'S' Series B. It is 9.0% of the $1.35B BYJU'S has raised in the venture rounds on record. BYJU'S raised again 19 months later: a Growth round of $800M in Mar 2022, at $22.00B post-money.
BYJU'S' funding rounds
BYJU'S has 7 venture rounds on record and 1 other deal. This one is highlighted.
- Growth 22 Mar 2016 $75M
- Growth 8 Sep 2016, led by Sequoia Capital and Chan Zuckerberg Initiative $50M
- Other not a venture round 20 Dec 2016 $15M
- Growth 29 Mar 2017 $30M$600M post-money
- Series B 28 Mar 2019 $25M$5.40B post-money
- Series F this round 27 Aug 2020 $122M$10.00B post-money
- Growth 11 Mar 2022 $800M$22.00B post-money
- Growth 12 May 2023 $250M$22.00B post-money
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- DST Global backs 179 venture-backed companies new investor
Comparable rounds
How it compares
The closest in time: 2 in Learning, Tutoring & Courses, then Series F rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Learning, Tutoring & Courses | 2 Sep 2020 | $150M | $1.45B | SoftBank |
| MasterClass Learning, Tutoring & Courses | 13 May 2021 | $225M | $2.75B | Fidelity Management & Research Company |
| Indigo Ag Chemicals | 4 Aug 2020 | $360M | $3.50B | Alaska Permanent Fund Corporation and Flagship Pioneering |
| Farmers Business Network Farms & Agriculture Production | 3 Aug 2020 | $250M | not disclosed | BlackRock |
| Tech Companies | 25 Aug 2020 | $100M | $1.00B | Bain Capital Ventures and Technology Crossover Ventures |
| Tech Companies | 14 Jul 2020 | $120M | $1.92B | Salesforce Ventures |
| Medical Supply Manufacturers | 18 Sep 2020 | $106M | not disclosed | General Catalyst and Drive Capital |
| Olive Tech Companies | 18 Sep 2020 | $106M | not disclosed | General Catalyst and Drive Capital |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did BYJU'S raise in its Series F round?
BYJU'S raised $122M in its Series F round, announced in Aug 2020.
Which investors took part in BYJU'S' Series F round?
DST Global.
What was BYJU'S' valuation at the Series F round?
$10.00B post-money ($9.88B pre-money).
Did BYJU'S raise again after this round?
Yes: a Growth round in Mar 2022 of $800M at $22.00B post-money.