Funding round
Collibra Series C
Collibra, which works in data and AI governance platform development in Brussels, raised $50M in a Series C round announced on 18 Jan 2017, led by ICONIQ Capital. 5 firms took part. It is Collibra's fourth venture round on record; the one before was a Series B in Sep 2015.
$50M
Amount raised
Not disclosed
Post-money valuation
5
Investors
1 lead
Valuation
What this round says about the price
Collibra did not disclose a valuation in this round. It came 16 months after Collibra's Series B. It is 8.4% of the $596M Collibra has raised in the venture rounds on record. Collibra raised again 12 months later: a Series D round of $58M in Jan 2018. Its next priced round, a Series E in Jan 2019, valued it at $1.00B.
Collibra's funding rounds
Collibra has 8 venture rounds on record. This one is highlighted.
- Seed 1 Jan 2009 $1.5M
- Series A 1 Jan 2012, led by Newion Partners $1.2M
- Series B 28 Sep 2015, led by Index Ventures $23M
- Series C this round 18 Jan 2017, led by ICONIQ Capital $50M
- Series D 8 Jan 2018, led by ICONIQ Capital and Battery Ventures $58M
- Series E 29 Jan 2019, led by CapitalG $100M$1.00B post-money
- Series F 2 Apr 2020, led by ICONIQ Capital, Index Ventures and Durable Capital Partners $113M$2.36B post-money
- Series G 9 Nov 2021, led by Sequoia Capital and Sofina $250M$5.25B post-money
Investors
Who put money in
ICONIQ Capital led the round with 4 other firms.
Lead investor
- ICONIQ Capital new investor
Also in the round
- Battery Ventures backs 215 venture-backed companies new investor
- backs 46 venture-backed companies new investor
- Index Ventures backs 353 venture-backed companies new investor
- backs 25 venture-backed companies new investor
Joined the board: Matt Jacobson (ICONIQ 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
151 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $30M, and this round was 1.7 times the median. The closest in time, other companies' Series C rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 9 Jan 2017 | $56M | not disclosed | CITIC Goldenstone Investment Management Co., Ltd and Founder H Fund Co. Ltd |
| Tech Companies | 11 Jan 2017 | $50M | not disclosed | Cash Capital |
| Tech Companies | 11 Jan 2017 | $50M | not disclosed | Cash Capital |
| Salsify Tech Companies | 18 Jan 2017 | $30M | $163M | Underscore VC |
| Tech Companies | 31 Jan 2017 | $25M | not disclosed | Foundry |
| Tech Companies | 17 Jan 2017 | $20M | not disclosed | National Securities |
| Tech Companies | 17 Jan 2017 | $20M | not disclosed | not named |
| Tech Companies | 26 Jan 2017 | $18M | not disclosed | Rakuten, Inc. |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Collibra raise in its Series C round?
Collibra raised $50M in its Series C round, announced in Jan 2017.
Who led Collibra's Series C round?
ICONIQ Capital led it, with Battery Ventures, Dawn Capital, Index Ventures and Newion Partners.
What was Collibra's valuation at the Series C round?
It was not disclosed.
How does it compare with other Series C rounds in Tech Companies?
151 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $30M, and this round was 1.7 times the median.
Did Collibra raise again after this round?
Yes: a Series D round in Jan 2018 of $58M.