Funding round
CAIS Series B
CAIS, which works in alternative investment platform development in New York, raised $20M in a Series B round announced on 1 Jan 2020. It is CAIS' first venture round on record.
$20M
Amount raised
Not disclosed
Post-money valuation
Valuation
What this round says about the price
CAIS did not disclose a valuation in this round. It is CAIS' first venture round on record, 11 years after it was founded in 2009. It is 4.8% of the $415M CAIS has raised in the venture rounds on record. CAIS raised again 24 months later: a Series C round of $225M in Jan 2022, at $1.00B post-money.
Comparable rounds
How it compares
12 Series B rounds in Investment Consultants & Financial Advisors within a year either side disclosed an amount; the median was $26M, and this round was 76% of the median. The closest in time, other companies' Series B rounds in Investment Consultants & Financial Advisors:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Investment Consultants & Financial Advisors | 9 Mar 2020 | $50M | not disclosed | CapitalG |
| Investment Consultants & Financial Advisors | 27 Jul 2020 | $35M | not disclosed | Khosla Ventures and Centana Growth Partners |
| Investment Consultants & Financial Advisors | 13 Jul 2020 | $22M | not disclosed | QED Investors |
| Investment Consultants & Financial Advisors | 29 Jul 2019 | $12M | not disclosed | Eight Roads |
| Investment Consultants & Financial Advisors | 18 Jul 2019 | $3.7M | not disclosed | not named |
| Investment Consultants & Financial Advisors | 28 Sep 2020 | $14M | not disclosed | DSP Group |
| Investment Consultants & Financial Advisors | 21 Oct 2020 | $30M | not disclosed | Zheng He Capital Management |
| Vestwell Investment Consultants & Financial Advisors | 2 Apr 2019 | $30M | not disclosed | Goldman Sachs Principal Strategic Investments |
Sources
Where this comes from
Reported by 1 source. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did CAIS raise in its Series B round?
CAIS raised $20M in its Series B round, announced in Jan 2020.
What was CAIS' valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Investment Consultants & Financial Advisors?
12 Series B rounds in Investment Consultants & Financial Advisors within a year either side disclosed an amount; the median was $26M, and this round was 76% of the median.
Did CAIS raise again after this round?
Yes: a Series C round in Jan 2022 of $225M at $1.00B post-money.