Funding round
DailyHunt Series G
DailyHunt, which works in multilingual news content delivery in Koramangala, raised $35M in a Series G round announced on 30 Apr 2020, led by Lupa Systems, at a $625M post-money valuation. 1 firm took part. It is DailyHunt's second venture round on record; the one before was a Series C in Feb 2015.
$35M
Amount raised
$625M
Post-money valuation
1
Investors
1 lead
5.6%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced DailyHunt at $625M after the new money. The $35M bought investors about 5.6% of the company. It came 62 months after DailyHunt's Series C. It is 2.5% of the $1.43B DailyHunt has raised in the venture rounds on record. DailyHunt raised again 8 months later: a Series H+ round of $100M in Dec 2020, at $1.01B post-money.
DailyHunt's funding rounds
DailyHunt has 5 venture rounds on record and 1 other deal. This one is highlighted.
- Series C 6 Feb 2015, led by Alpha Wave Global $40M
- Series G this round 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
Lupa Systems led the round.
Lead investor
- Lupa Systems new investor
Comparable rounds
How it compares
6 Series G rounds in Tech Companies within a year either side disclosed an amount; the median was $105M, and this round was 34% of the median. The closest in time, other companies' Series G rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 9 Jun 2020 | $100M | not disclosed | Perceptive Advisors and Northpond Ventures |
| AppDirect Tech Companies | 16 Sep 2020 | $185M | $1.50B | La Caisse |
| Tech Companies | 2 Oct 2019 | $72M | $332M | Arrowroot Capital |
| Databricks Tech Companies | 1 Feb 2021 | $1.00B | $28.00B | Franklin Templeton |
| Tech Companies | 3 Feb 2021 | $96M | $1.20B | Georgian and Silver Lake Waterman |
| Tech Companies | 7 Apr 2021 | $110M | $2.00B | Tiger Global |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did DailyHunt raise in its Series G round?
DailyHunt raised $35M in its Series G round, announced in Apr 2020.
Who led DailyHunt's Series G round?
Lupa Systems led it.
What was DailyHunt's valuation at the Series G round?
$625M post-money.
How does it compare with other Series G rounds in Tech Companies?
6 Series G rounds in Tech Companies within a year either side disclosed an amount; the median was $105M, and this round was 34% of the median.
Did DailyHunt raise again after this round?
Yes: a Series H+ round in Dec 2020 of $100M at $1.01B post-money.