Funding round
Dr. Tyler Austin Series D
Dr. Tyler Austin, which works in podiatric medical services in Philadelphia, raised $130M in a Series D round announced on 20 Aug 2015, led by Atomico and Baillie Gifford, at a $1.80B post-money valuation. 9 firms took part, 1 of them already investors. It is Dr. Tyler Austin's fourth venture round on record; the one before was a Series C in Jul 2011.
$130M
Amount raised
$1.80B
Post-money valuation
$1.67B pre-money
9
Investors
2 leads
7.2%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Dr. Tyler Austin at $1.80B after the new money. The $130M bought investors about 7.2% of the company. It came 49 months after Dr. Tyler Austin's Series C. It is 35% of the $375M Dr. Tyler Austin has raised in the venture rounds on record. Dr. Tyler Austin raised again 66 months later: a Growth round of $150M in Feb 2021.
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 this round 20 Aug 2015, led by Atomico and Baillie Gifford $130M$1.80B post-money
- Growth 11 Feb 2021, led by Francisco Partners $150M
Investors
Who put money in
Atomico and Baillie Gifford led the round with 7 other firms. Founders Fund had backed Dr. Tyler Austin before.
Lead investors
- Atomico backs 123 venture-backed companies new investor
- Baillie Gifford new investor
Also in the round
- Founders Fund backs 368 venture-backed companies existing investor
- DST Global backs 179 venture-backed companies new investor
- Goldman Sachs backs 218 venture-backed companies new investor
- Khosla Ventures backs 396 venture-backed companies new investor
- SV Angel backs 293 venture-backed companies new investor
- backs 20 venture-backed companies new investor
- Hedosophia 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: Series D rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Payment Processing & Point of Sale | 28 Aug 2015 | $68M | not disclosed | Intel Capital and Zouk Capital |
| Furniture Stores | 28 Jul 2015 | $100M | not disclosed | Goldman Sachs and Avendus |
| Tech Companies | 13 Jul 2015 | $75M | not disclosed | Fidelity Management and Research |
| Netskope Tech Companies | 3 Sep 2015 | $75M | not disclosed | Iconiq Capital |
| General Assembly Computer Training Schools | 30 Sep 2015 | $70M | not disclosed | Advance Publications and Wellington Capital Management LLP |
| Tech Companies | 22 Jul 2015 | $50M | $1.30B | JPMorgan Chase |
| Snack Foods | 17 Sep 2015 | $47M | not disclosed | FreeS Fund |
| Electronical Components Manufacturing | 14 Sep 2015 | $35M | not disclosed | Tyche Partners |
Sources
Where this comes from
Reported by 5 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Dr. Tyler Austin raise in its Series D round?
Dr. Tyler Austin raised $130M in its Series D round, announced in Aug 2015.
Who led Dr. Tyler Austin's Series D round?
Atomico and Baillie Gifford led it, with Founders Fund, DST Global, Goldman Sachs, Khosla Ventures and SV Angel and 2 more.
What was Dr. Tyler Austin's valuation at the Series D round?
$1.80B post-money ($1.67B pre-money).
Did Dr. Tyler Austin raise again after this round?
Yes: a Growth round in Feb 2021 of $150M.