Funding round
Clari Series A
Clari, which works in enterprise revenue orchestration platform development in Sunnyvale, raised $6.0M in a Series A round announced on 3 Apr 2014, led by Sequoia Capital, at a $84M post-money valuation. 1 firm took part. It is Clari's first venture round on record.
$6.0M
Amount raised
$84M
Post-money valuation
1
Investors
1 lead
7.2%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Clari at $84M after the new money. The $6.0M bought investors about 7.2% of the company. It is Clari's first venture round on record, 2 years after it was founded in 2012. It is 1.2% of the $496M Clari has raised in the venture rounds on record. Clari raised again 2 months later: a Series B round of $20M in Jun 2014. Its next priced round, a Series D in Oct 2019, valued it at $500M.
Clari's funding rounds
Clari has 6 venture rounds on record. This one is highlighted.
- Series A this round 3 Apr 2014, led by Sequoia Capital $6.0M$84M post-money
- Series B 17 Jun 2014, led by Bain Capital Ventures $20M
- Series C 21 Mar 2018, led by Tenaya Capital $35M
- Series D 10 Oct 2019, led by Sapphire Ventures $60M$500M post-money
- Series E 3 Mar 2021, led by Silver Lake $150M$1.60B post-money
- Series F 19 Jan 2022, led by Blackstone $225M$2.60B post-money
Investors
Who put money in
Sequoia Capital led the round.
Lead investor
- Sequoia Capital backs 589 venture-backed companies new investor
Joined the board: Aaref Hilaly (Sequoia Capital).
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
266 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $5.5M, and this round was close to the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 30 Apr 2014 | $8.0M | not disclosed | Shasta Ventures |
| Tech Companies | 24 Apr 2014 | $7.5M | not disclosed | not named |
| Tech Companies | 1 Apr 2014 | $5.5M | not disclosed | Act Venture Capital and Investec Venture Capital |
| Tech Companies | 29 Apr 2014 | $5.0M | not disclosed | Signia Venture Partners and Webb Investment Network |
| Tech Companies | 25 Apr 2014 | $4.7M | not disclosed | Sequoia Capital |
| Tech Companies | 2 Apr 2014 | $4.0M | not disclosed | Bain Capital Ventures |
| Tech Companies | 16 Apr 2014 | $3.5M | not disclosed | Ascent Biomedical Ventures |
| Tech Companies | 28 Apr 2014 | $3.3M | not disclosed | Index Ventures and Forward Partners |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Clari raise in its Series A round?
Clari raised $6.0M in its Series A round, announced in Apr 2014.
Who led Clari's Series A round?
Sequoia Capital led it.
What was Clari's valuation at the Series A round?
$84M post-money.
How does it compare with other Series A rounds in Tech Companies?
266 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $5.5M, and this round was close to the median.
Did Clari raise again after this round?
Yes: a Series B round in Jun 2014 of $20M.