Funding round
Dataminr Series F
Dataminr, which works in real-time intelligence platform development in New York, raised $475M in a Series F round announced on 23 Mar 2021, led by Eldridge Industries, at a $4.10B post-money valuation. 9 firms took part. It is Dataminr's fourth venture round on record; the one before was a Series E in Jun 2018.
$475M
Amount raised
$4.10B
Post-money valuation
$3.63B pre-money
9
Investors
1 lead
2.6x
Step-up from the Series E
$1.60B in Jun 2018
12%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Dataminr at $4.10B after the new money, 2.6 times the $1.60B of its Series E (Jun 2018). The $475M bought investors about 12% of the company. It came 33 months after Dataminr's Series E. It is 43% of the $1.11B Dataminr has raised in the venture rounds on record. Dataminr raised again 48 months later: a Growth round of $85M in Mar 2025.
Dataminr's funding rounds
Dataminr has 5 venture rounds on record. This one is highlighted.
Investors
Who put money in
Eldridge Industries led the round with 8 other firms.
Lead investor
- backs 13 venture-backed companies new investor
Also in the round
- Valor backs 143 venture-backed companies new investor
- MSD Capital new investor
- Reinvent Capital new investor
- ArrowMark Partners new investor
- Institutional Venture Partners backs 109 venture-backed companies new investor
- backs 4 venture-backed companies new investor
- Morgan Stanley backs 120 venture-backed companies new investor
- Eldridge
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
43 Series F rounds in Tech Companies within a year either side disclosed an amount; the median was $155M, and this round was 3.1 times the median. The closest in time, other companies' Series F rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 17 Mar 2021 | $230M | $1.40B | Bessemer Venture Partners and Tiger Global |
| Tech Companies | 9 Mar 2021 | $220M | not disclosed | Georgian |
| Icertis Tech Companies | 11 Mar 2021 | $80M | $2.80B | B Capital |
| Sysdig Tech Companies | 28 Apr 2021 | $188M | $1.19B | Premji Invest and Third Point Ventures |
| Tech Companies | 10 Jan 2021 | $360M | $2.00B | SoftBank Vision Fund |
| Forter Tech Companies | 25 May 2021 | $300M | $3.00B | Tiger Global Management |
| Tech Companies | 1 Jan 2021 | $150M | $1.00B | Goldman Sachs Asset Management |
| Tech Companies | 11 May 2021 | $100M | $1.70B | Greenspring Associates |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Dataminr raise in its Series F round?
Dataminr raised $475M in its Series F round, announced in Mar 2021.
Who led Dataminr's Series F round?
Eldridge Industries led it, with Valor, MSD Capital, Reinvent Capital, ArrowMark Partners and Institutional Venture Partners and 3 more.
What was Dataminr's valuation at the Series F round?
$4.10B post-money ($3.63B pre-money).
How does it compare with other Series F rounds in Tech Companies?
43 Series F rounds in Tech Companies within a year either side disclosed an amount; the median was $155M, and this round was 3.1 times the median.
Did Dataminr raise again after this round?
Yes: a Growth round in Mar 2025 of $85M.