Funding round
Coralogix Series A
Coralogix, which works in observability platform development in Ramat Gan, raised $10M in a Series A round announced on 26 Nov 2019, led by Aleph. 4 firms took part. It is Coralogix's first venture round on record.
$10M
Amount raised
Not disclosed
Post-money valuation
4
Investors
1 lead
Valuation
What this round says about the price
Coralogix did not disclose a valuation in this round. It is Coralogix's first venture round on record, 5 years after it was founded in 2014. It is 1.8% of the $547M Coralogix has raised in the venture rounds on record. Coralogix raised again 10 months later: a Series B round of $25M in Sep 2020. Its next priced round, a Series E in Jun 2025, valued it at $1.00B.
Coralogix's funding rounds
Coralogix has 6 venture rounds on record. This one is highlighted.
- Series A this round 26 Nov 2019, led by Aleph $10M
- Series B 30 Sep 2020, led by Red Dot Capital Partners and O.G. Venture Partners $25M
- Series C 29 Jul 2021, led by Greenfield Partners $55M
- Series D 1 Jun 2022, led by Advent International and Brighton Park Capital $142M
- Series E 17 Jun 2025, led by NewView Capital $115M$1.00B post-money
- Growth 3 Jun 2026 $200M$1.60B post-money
Investors
Who put money in
Aleph led the round with 3 other firms.
Lead investor
- backs 43 venture-backed companies new investor
Also in the round
- backs 31 venture-backed companies new investor
- Janvest Capital Partners new investor
- 2B Angels new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, sales and marketing, product development, geographic expansion, scaling operations and working capital.
- Hiring
- Sales and marketing
- Product development
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
1,013 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $8.5M, 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 |
|---|---|---|---|---|
| 1Password Tech Companies | 14 Nov 2019 | $200M | not disclosed | Accel |
| Tech Companies | 5 Nov 2019 | $45M | not disclosed | Insight Partners |
| Tech Companies | 12 Nov 2019 | $40M | not disclosed | Fonds de solidarité FTQ and Investissement Québec |
| Tech Companies | 6 Nov 2019 | $40M | not disclosed | Goldman Sachs |
| Tech Companies | 20 Nov 2019 | $25M | not disclosed | Kleiner Perkins |
| Abnormal AI Tech Companies | 19 Nov 2019 | $24M | not disclosed | Greylock Partners |
| Tech Companies | 13 Nov 2019 | $24M | not disclosed | Accelmed and Mivtach Shamir Holdings Ltd. |
| Starburst Tech Companies | 20 Nov 2019 | $22M | not disclosed | Index Ventures |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Coralogix raise in its Series A round?
Coralogix raised $10M in its Series A round, announced in Nov 2019.
Who led Coralogix's Series A round?
Aleph led it, with StageOne Ventures, Janvest Capital Partners and 2B Angels.
What was Coralogix's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
1,013 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $8.5M, and this round was 1.2 times the median.
Did Coralogix raise again after this round?
Yes: a Series B round in Sep 2020 of $25M.