Funding round
ElasticRun Series B
ElasticRun, which works in multi-channel fulfilment solutions in Pune, raised $8.5M in a Series B round announced on 1 Jan 2018. It is ElasticRun's third venture round on record; the one before was a Series A in Apr 2017.
$8.5M
Amount raised
Not disclosed
Post-money valuation
Valuation
What this round says about the price
ElasticRun did not disclose a valuation in this round; its last disclosed one was $7.3M at the Seed (Jan 2016). It came 9 months after ElasticRun's Series A. It is 1.8% of the $463M ElasticRun has raised in the venture rounds on record. ElasticRun raised again 21 months later: a Growth round of $40M in Oct 2019. Its next priced round, a Series D in Apr 2021, valued it at $400M.
ElasticRun's funding rounds
ElasticRun has 6 venture rounds on record. This one is highlighted.
- Seed 1 Jan 2016 $2.0M$7.3M post-money
- Series A 4 Apr 2017, led by Kalaari Capital and Norwest $7.0M
- Series B this round 1 Jan 2018 $8.5M
- Growth 30 Oct 2019, led by Prosus Ventures $40M
- Series D 28 Apr 2021, led by Avataar Venture Partners and Prosus Ventures $75M$400M post-money
- Series E 17 Feb 2022, led by SoftBank Vision Fund, Goldman Sachs Asset Management and Goldman Sachs $330M$1.50B post-money
Comparable rounds
How it compares
The closest in time: Series B rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Hive Box Tech Companies | 1 Jan 2018 | $323M | not disclosed | not named |
| Tech Companies | 18 Jan 2018 | $75M | not disclosed | Molten Ventures |
| Tech Companies | 24 Jan 2018 | $66M | not disclosed | Sequoia Capital |
| Grupo QuintoAndar Real Estate - Agents & Managers | 1 Jan 2018 | $50M | not disclosed | not named |
| Clothing Stores | 15 Jan 2018 | $45M | not disclosed | Partech |
| Varo Banks & ATMs | 18 Jan 2018 | $45M | not disclosed | TPG and Warburg Pincus |
| Tech Companies | 12 Jan 2018 | $43M | not disclosed | Susquehanna Growth Equity |
| Contentsquare Tech Companies | 29 Jan 2018 | $42M | not disclosed | Canaan and Highland Europe |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did ElasticRun raise in its Series B round?
ElasticRun raised $8.5M in its Series B round, announced in Jan 2018.
What was ElasticRun's valuation at the Series B round?
It was not disclosed; its last disclosed one was $7.3M at the Seed (Jan 2016).
Did ElasticRun raise again after this round?
Yes: a Growth round in Oct 2019 of $40M.