Funding round
Cera Care Seed
Cera Care, which works in digital-enabled home healthcare services in London, raised $1.8M in a Seed round announced on 20 Apr 2017, led by Credo Ventures. 2 firms took part. It is Cera Care's first venture round on record.
$1.8M
Amount raised
1,400,000 GBP converted
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
Cera Care did not disclose a valuation in this round. It is Cera Care's first venture round on record, 1 year after it was founded in 2016. It is under 1% of the $473M Cera Care has raised in the venture rounds on record. Cera Care raised again 13 months later: a Series A round of $17M in May 2018.
Cera Care's funding rounds
Cera Care has 4 venture rounds on record. This one is highlighted.
Investors
Who put money in
Credo Ventures led the round with 1 other firm.
Lead investor
- backs 37 venture-backed companies new investor
Also in the round
- backs 233 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: 1 in Home Health Care, then Seed rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Home Health Care | 30 Apr 2018 | $805K | not disclosed | Y Combinator |
| Groq Electronical Components Manufacturing | 1 Apr 2017 | $10M | not disclosed | Social Capital |
| Clothing Manufacturers | 19 Apr 2017 | $5.0M | not disclosed | not named |
| Tech Companies | 12 Apr 2017 | $4.9M | not disclosed | not named |
| Financial Services | 8 Apr 2017 | $4.0M | not disclosed | not named |
| Industrial Machinery & Supplies | 27 Apr 2017 | $4.0M | not disclosed | not named |
| Tech Companies | 27 Apr 2017 | $4.0M | not disclosed | not named |
| Legal Services | 1 Apr 2017 | $3.5M | not disclosed | Trilogy Equity Partners |
Sources
Where this comes from
Reported by 2 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Cera Care raise in its Seed round?
Cera Care raised $1.8M in its Seed round, announced in Apr 2017.
Who led Cera Care's Seed round?
Credo Ventures led it, with Kima Ventures.
What was Cera Care's valuation at the Seed round?
It was not disclosed.
Did Cera Care raise again after this round?
Yes: a Series A round in May 2018 of $17M.