Funding round
Casavo Series D
Casavo, which works in real estate transaction services in Milan, raised $102M in a Series D round announced on 19 Jul 2022, led by Exor. 11 firms took part. It is Casavo's third venture round on record; the one before was a Series C in Mar 2021.
$102M
Amount raised
100,000,000 EUR converted
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 came 16 months after Casavo's Series C. It is 16% of the $627M Casavo has raised in the venture rounds on record. Casavo raised again: a Growth round of $410M in Jul 2022.
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 this round 19 Jul 2022, led by Exor $102M
- Growth 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
- backs 5 venture-backed companies 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: 1 in Real Estate - Agents & Managers, then Series D rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Real Estate - Agents & Managers | 9 Sep 2021 | $100M | $1.00B | Accomplice |
| wefox Insurance - Agents, Carriers & Brokers | 12 Jul 2022 | $400M | $4.50B | Mubadala |
| Whatnot Tech Companies | 1 Jul 2022 | $260M | $3.70B | DST Global and CapitalG |
| Industrial Machinery & Supplies | 20 Jul 2022 | $150M | not disclosed | Temasek and True Light Capital |
| Water Supply & Water Treatment | 19 Jul 2022 | $130M | not disclosed | Breakthrough Energy and Drawdown Fund |
| Tech Companies | 21 Jul 2022 | $125M | $1.25B | Tencent |
| Warehousing & Storage | 6 Jul 2022 | $119M | $1.00B | BlackRock |
| Batteries | 13 Jul 2022 | $90M | not disclosed | Koch Strategic Platforms |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Casavo raise in its Series D round?
Casavo raised $102M in its Series D round, announced in Jul 2022.
Who led Casavo's Series D round?
Exor led it, with Neva SGR, Endeavor, Salica Investments, Fuse Venture Partners and Greenoaks and 5 more.
What was Casavo's valuation at the Series D round?
It was not disclosed.
Did Casavo raise again after this round?
Yes: a Growth round in Jul 2022 of $410M.