Funding round
DailyHunt Series C
DailyHunt, which works in multilingual news content delivery in Koramangala, raised $40M in a Series C round announced on 6 Feb 2015, led by Alpha Wave Global. 4 firms took part. It is DailyHunt's first venture round on record.
$40M
Amount raised
Not disclosed
Post-money valuation
4
Investors
1 lead
Valuation
What this round says about the price
DailyHunt did not disclose a valuation in this round. It is 2.8% of the $1.43B DailyHunt has raised in the venture rounds on record. DailyHunt raised again 62 months later: a Series G round of $35M in Apr 2020, at $625M post-money.
DailyHunt's funding rounds
DailyHunt has 5 venture rounds on record and 1 other deal. This one is highlighted.
- Series C this round 6 Feb 2015, led by Alpha Wave Global $40M
- Series G 30 Apr 2020, led by Lupa Systems $35M$625M post-money
- Series H+ 31 Dec 2020, led by Alpha Wave Global $100M$1.01B post-money
- Series H+ 11 Aug 2021 $451M$3.00B post-money
- Series H+ 5 Apr 2022, led by CPP Investments $805M$5.00B post-money
- Debt not a venture round 7 Feb 2024 $6.2M
Investors
Who put money in
Alpha Wave Global led the round with 3 other firms.
Lead investor
- Alpha Wave Global backs 78 venture-backed companies new investor
Also in the round
- Matrix backs 129 venture-backed companies new investor
- Sequoia Capital India new investor
- Omidyar Network new investor
Comparable rounds
How it compares
98 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $25M, and this round was 1.6 times the median. The closest in time, other companies' Series C rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 3 Feb 2015 | $16M | not disclosed | not named |
| Tech Companies | 4 Feb 2015 | $16M | not disclosed | Frog Capital |
| Tech Companies | 14 Jan 2015 | $50M | $450M | NGP Capital |
| Tech Companies | 23 Jan 2015 | $40M | not disclosed | Hillhouse |
| Neo4j Tech Companies | 15 Jan 2015 | $20M | not disclosed | Creandum |
| Tech Companies | 21 Jan 2015 | $20M | not disclosed | Union Square Ventures |
| Illumio Tech Companies | 14 Apr 2015 | $82M | $1.00B | not named |
| Tech Companies | 2 Apr 2015 | $62M | $200M | Technology Crossover Ventures |
Questions
Frequently asked
How much did DailyHunt raise in its Series C round?
DailyHunt raised $40M in its Series C round, announced in Feb 2015.
Who led DailyHunt's Series C round?
Alpha Wave Global led it, with Matrix, Sequoia Capital India and Omidyar Network.
What was DailyHunt's valuation at the Series C round?
It was not disclosed.
How does it compare with other Series C rounds in Tech Companies?
98 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $25M, and this round was 1.6 times the median.
Did DailyHunt raise again after this round?
Yes: a Series G round in Apr 2020 of $35M at $625M post-money.