Funding round
Contentsquare Series B
Contentsquare, which works in experience intelligence platform solutions in Paris, raised $42M in a Series B round announced on 29 Jan 2018, led by Canaan and Highland Europe. 4 firms took part. It is Contentsquare's second venture round on record; the one before was a Series A in Oct 2016.
$42M
Amount raised
Not disclosed
Post-money valuation
4
Investors
2 leads
Valuation
What this round says about the price
Contentsquare did not disclose a valuation in this round. It came 15 months after Contentsquare's Series A. It is 3.4% of the $1.22B Contentsquare has raised in the venture rounds on record. Contentsquare raised again 12 months later: a Series C round of $60M in Jan 2019. Its next priced round, a Series E in May 2021, valued it at $2.80B.
Contentsquare's funding rounds
Contentsquare has 5 venture rounds on record. This one is highlighted.
Investors
Who put money in
Canaan and Highland Europe led the round with 2 other firms.
Lead investors
- backs 169 venture-backed companies new investor
- Highland Europe new investor
Also in the round
- Eurazeo backs 103 venture-backed companies new investor
- H14 new investor
Joined the board: Michael Gilroy (Canaan).
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
432 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $17M, and this round was 2.5 times the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Hive Box Tech Companies | 1 Jan 2018 | $323M | not disclosed | not named |
| Tech Companies | 18 Jan 2018 | $75M | not disclosed | Molten Ventures |
| Tech Companies | 24 Jan 2018 | $66M | not disclosed | Sequoia Capital |
| Tech Companies | 12 Jan 2018 | $43M | not disclosed | Susquehanna Growth Equity |
| Tech Companies | 1 Jan 2018 | $37M | not disclosed | Battery Ventures |
| Tech Companies | 29 Jan 2018 | $28M | not disclosed | Insight Partners |
| Tech Companies | 29 Jan 2018 | $25M | not disclosed | GV |
| Tech Companies | 1 Jan 2018 | $25M | not disclosed | Bessemer Venture Partners |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Contentsquare raise in its Series B round?
Contentsquare raised $42M in its Series B round, announced in Jan 2018.
Who led Contentsquare's Series B round?
Canaan and Highland Europe led it, with Eurazeo and H14.
What was Contentsquare's valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Tech Companies?
432 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $17M, and this round was 2.5 times the median.
Did Contentsquare raise again after this round?
Yes: a Series C round in Jan 2019 of $60M.