Funding round
Casavo Growth
Reported as "Growth Equity"
Casavo, which works in real estate transaction services in Milan, raised $410M in a Growth round announced on 25 Jul 2022, led by Exor. 11 firms took part. It is Casavo's fourth venture round on record; the one before was a Series D in Jul 2022.
$410M
Amount raised
Not disclosed
Post-money valuation
11
Investors
1 lead
Valuation
What this round says about the price
Casavo did not disclose a valuation in this round. It is 65% of the $627M Casavo has raised in the venture rounds on record. No later venture round is on record for Casavo.
Casavo's funding rounds
Casavo has 4 venture rounds on record and 3 other deals. This one is highlighted.
- Series B 10 Oct 2019, led by Greenoaks Capital $55M
- Debt not a venture round 17 Mar 2021 $179M
- Series C 17 Mar 2021, led by Exor Seeds $60M
- Debt not a venture round 19 Jul 2022, led by Exor $306M
- Series D 19 Jul 2022, led by Exor $102M
- Growth this round 25 Jul 2022, led by Exor $410M
- Other not a venture round 14 Apr 2026 $14M
Investors
Who put money in
Exor led the round with 10 other firms.
Lead investor
- Exor new investor
Also in the round
- backs 21 venture-backed companies new investor
- Endeavor backs 236 venture-backed companies new investor
- backs 50 venture-backed companies new investor
- Fuse Ventures Partners new investor
- Greenoaks backs 77 venture-backed companies new investor
- backs 64 venture-backed companies new investor
- backs 59 venture-backed companies new investor
- backs 19 venture-backed companies new investor
- backs 108 venture-backed companies new investor
- backs 28 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion.
- Geographic expansion
Comparable rounds
How it compares
The closest in time, other companies' Growth rounds in Real Estate - Agents & Managers:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Real Estate - Agents & Managers | 11 Jan 2022 | $113M | not disclosed | not named |
| Real Estate - Agents & Managers | 25 Oct 2021 | undisclosed | not disclosed | not named |
| Real Estate - Agents & Managers | 28 Sep 2021 | $40M | not disclosed | K2 & Associates Investment Management Inc. and Canaccord Genuity |
| Real Estate - Agents & Managers | 16 Jul 2021 | $25M | not disclosed | ADM Capital |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Casavo raise in its Growth round?
Casavo raised $410M in its Growth round, announced in Jul 2022.
Who led Casavo's Growth round?
Exor led it, with Neva SGR, Endeavor, Salica Investments, Fuse Ventures Partners and Greenoaks and 5 more.
What was Casavo's valuation at the Growth round?
It was not disclosed.