Funding round
Dr. Tyler Austin Growth
Reported as "Growth Equity"
Dr. Tyler Austin, which works in podiatric medical services in Philadelphia, raised $150M in a Growth round announced on 11 Feb 2021, led by Francisco Partners. 1 firm took part. It is Dr. Tyler Austin's fifth venture round on record; the one before was a Series D in Aug 2015.
$150M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Dr. Tyler Austin did not disclose a valuation in this round; its last disclosed one was $1.80B at the Series D (Aug 2015). It came 66 months after Dr. Tyler Austin's Series D. It is 40% of the $375M Dr. Tyler Austin has raised in the venture rounds on record. No later venture round is on record for Dr. Tyler Austin.
Dr. Tyler Austin's funding rounds
Dr. Tyler Austin has 5 venture rounds on record and 1 other deal. This one is highlighted.
- Series A 18 Aug 2008, led by Khosla Ventures $5.0M
- Series B 14 Jul 2010, led by Founders Fund $15M
- Series C 19 Jul 2011, led by DST Global and Goldman Sachs $75M
- Debt not a venture round 24 Jun 2013 $55M
- Series D 20 Aug 2015, led by Atomico and Baillie Gifford $130M$1.80B post-money
- Growth this round 11 Feb 2021, led by Francisco Partners $150M
Investors
Who put money in
Francisco Partners led the round.
Lead investor
- backs 20 venture-backed companies new investor
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
The closest in time: Growth rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Malaysia Aviation Group Airline Companies | 22 Feb 2021 | $890M | not disclosed | Khazanah Nasional |
| Tech Companies | 10 Feb 2021 | $400M | not disclosed | Clearlake Capital Group and Siris Capital Group |
| Online Marketplace | 19 Feb 2021 | $276M | not disclosed | PS Alliance |
| Online Marketplace | 24 Feb 2021 | $191M | $840M | Korelya Capital |
| Tech Companies | 17 Feb 2021 | $150M | $9.50B | Abdiel Capital Advisors and Tiger Global |
| Bicycle Shops, Parts & Accessories | 4 Feb 2021 | $150M | not disclosed | not named |
| Employment Agencies & HR Consulting | 22 Feb 2021 | $120M | not disclosed | 3i Group |
| Banks & ATMs | 23 Feb 2021 | $109M | not disclosed | not named |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Dr. Tyler Austin raise in its Growth round?
Dr. Tyler Austin raised $150M in its Growth round, announced in Feb 2021.
Who led Dr. Tyler Austin's Growth round?
Francisco Partners led it.
What was Dr. Tyler Austin's valuation at the Growth round?
It was not disclosed; its last disclosed one was $1.80B at the Series D (Aug 2015).