Funding round
ChiperOS Series A
ChiperOS, which works in omnichannel sales enablement services in New Castle County, raised $12M in a Series A round announced on 16 Oct 2020, led by Kaszek, Monashees and Copec Wind Venture. 16 firms took part.
$12M
Amount raised
Not disclosed
Post-money valuation
16
Investors
3 leads
Valuation
What this round says about the price
ChiperOS did not disclose a valuation in this round. It is ChiperOS' first venture round on record, 2 years after it was founded in 2018. No later venture round is on record for ChiperOS.
ChiperOS' funding rounds
This is the only venture round on record for ChiperOS.
- Series A this round 16 Oct 2020, led by Kaszek, Monashees and Copec Wind Venture $12M
Investors
Who put money in
Kaszek, Monashees and Copec Wind Venture led the round with 13 other firms.
Lead investors
Also in the round
- Balderton Capital backs 140 venture-backed companies
- Footwork
- backs 14 venture-backed companies
- backs 104 venture-backed companies
- Hoxton Ventures backs 50 venture-backed companies
- Lowercarbon Capital backs 110 venture-backed companies
- backs 17 venture-backed companies
- backs 37 venture-backed companies
- The HIT Forge
- Tiger Global backs 391 venture-backed companies
- backs 69 venture-backed companies
- backs 50 venture-backed companies
- backs 33 venture-backed companies
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
1,400 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $10M, and this round was 1.2 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 9 Oct 2020 | $100M | not disclosed | Warburg Pincus |
| Tech Companies | 13 Oct 2020 | $35M | not disclosed | Greylock Partners and Kleiner Perkins |
| Tech Companies | 15 Oct 2020 | $28M | not disclosed | Prytek and FinTLV Ventures |
| Tech Companies | 27 Oct 2020 | $27M | not disclosed | Bessemer Venture Partners and Lightspeed Venture Partners |
| Tech Companies | 28 Oct 2020 | $21M | not disclosed | Greycroft |
| Tech Companies | 15 Oct 2020 | $20M | not disclosed | Bain Capital Ventures |
| Tech Companies | 15 Oct 2020 | $20M | not disclosed | Educapital |
| Tech Companies | 28 Oct 2020 | $20M | not disclosed | Coatue |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did ChiperOS raise in its Series A round?
ChiperOS raised $12M in its Series A round, announced in Oct 2020.
Who led ChiperOS' Series A round?
Kaszek, Monashees and Copec Wind Venture led it, with Balderton Capital, Footwork, Gigafund, Great Oaks Venture Capital and Hoxton Ventures and 8 more.
What was ChiperOS' valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
1,400 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $10M, and this round was 1.2 times the median.