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Funding round

Cockroach Labs Series A

Cockroach Labs, which works in distributed SQL database software development in New York, raised $6.3M in a Series A round announced on 4 Jun 2015, led by Benchmark. 8 firms took part. It is Cockroach Labs' first venture round on record.

$6.3M

Amount raised

Not disclosed

Post-money valuation

8

Investors

1 lead

Valuation

What this round says about the price

Cockroach Labs did not disclose a valuation in this round. It is Cockroach Labs' first venture round on record, in the year it was founded (2015). It is 1.1% of the $586M Cockroach Labs has raised in the venture rounds on record. Cockroach Labs raised again 50 months later: a Series C round of $55M in Aug 2019. Its next priced round, a Series E in Jan 2021, valued it at $2.00B.

Cockroach Labs' funding rounds

Cockroach Labs has 5 venture rounds on record. This one is highlighted.

  1. Series A this round 4 Jun 2015, led by Benchmark $6.3M
  2. Series C 6 Aug 2019, led by Altimeter, Tiger Global and GV $55M
  3. Series D 5 May 2020, led by Altimeter and BOND $87M
  4. Series E 12 Jan 2021, led by Altimeter $160M$2.00B post-money
  5. Series F 16 Dec 2021, led by Greenoaks $278M$5.00B post-money

Investors

Who put money in

Benchmark led the round with 7 other firms.

Lead investor

  • Benchmark new investor

Also in the round

  • GV backs 428 venture-backed companies new investor
  • SV Angel backs 293 venture-backed companies new investor
  • FirstMark backs 128 venture-backed companies new investor
  • Sequoia Capital backs 589 venture-backed companies new investor
  • backs 8 venture-backed companies new investor
  • Moisey Uretsky
  • Florian Leibert

Use of proceeds

What the money is for

According to the announcement, the money goes to hiring and product development.

  • Hiring
  • Product development

Comparable rounds

How it compares

395 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $6.5M, and this round was close to the median. The closest in time, other companies' Series A rounds in Tech Companies:

Series A rounds in Tech Companies, Jun 2014 to Jun 2016: 395 rounds with an amount, log scale.
Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Tech Companies2 Jun 2015$35Mnot disclosedCarrick Capital Partners
Tech Companies23 Jun 2015$15Mnot disclosedAndreessen Horowitz
Talkdesk Tech Companies9 Jun 2015$15M$155Mdfj
Tech Companies1 Jun 2015$13Mnot disclosedFounders Fund
Tech Companies30 Jun 2015$12Mnot disclosedAugust Capital
Tech Companies25 Jun 2015$12Mnot disclosedGV and SoftBank Capital
Tech Companies9 Jun 2015$10Mnot disclosedMayfield and Nexus Venture Partners
Tech Companies18 Jun 2015$10Mnot disclosedSpark Capital and Foundry

Sources

Where this comes from

Reported by 1 source.

Questions

Frequently asked

How much did Cockroach Labs raise in its Series A round?

Cockroach Labs raised $6.3M in its Series A round, announced in Jun 2015.

Who led Cockroach Labs' Series A round?

Benchmark led it, with GV, SV Angel, FirstMark, Sequoia Capital and Techammer and 2 more.

What was Cockroach Labs' valuation at the Series A round?

It was not disclosed.

How does it compare with other Series A rounds in Tech Companies?

395 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $6.5M, and this round was close to the median.

Did Cockroach Labs raise again after this round?

Yes: a Series C round in Aug 2019 of $55M.